Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) -Gold and silver prices are modestly lower in midday U.S. trading Monday. Gold didpoke to another five-month high early on. Some normal profit taking was seen bythe shorter-term futures traders was featu...Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) -The gold market has broken out after five months ofconsolidation, and commodity analysts at Soci?(C)t?(C) G?(C)n?(C)rale see the potential fora significant rally through the first quarter of 2022.In its...Read More
Mr. Marco Roque reportsCASSIAR GOLD INTERSECTS 45.5 M OF 2.40 G/T AU, 45.6 M OF 1.83 G/T AU AND 35.5 M OF 1.59 G/T AU FROM BULK-TONNAGE TAURUS DEPOSIT AT CASSIAR NORTHCassiar Gold Corp. has released assay results from four of 15 diamond holes drilled at the Taurus deposit, located in the Cassiar North project area of the company's flagship Cassiar gold property in Northern British Columbia, Canada...Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) -Gold prices are trading in relatively neutral territory,holding near a five-month high as the New York Federal Reserve reportedstronger than expected activity in its regional manufacturing sector.Monday...Read More
Company Website: https://www.newfoundgold.caVANCOUVER, British Columbia -- (Business Wire)New Found Gold Corp. ("New Found" or the "Company") (TSXV: NFG, NYSE American: NFGC) is pleased to announce that it has entered into three royalty purchase agreements (the "Royalty Purchase Agreements") with arm's length royalty holders (together, the "Vendors" and each, a "Vendor"), whereby New Found will pu...Read More
LONDON, Nov 15 (Reuters) - Bank of England Governor Andrew Bailey said he was very uneasy about the inflation outlook and that his decision to keep interest rates on hold earlier this month, which shocked financial markets, had been a very close call."I'm very uneasy about the inflation situation," Bailey told the House of Commons Treasury Committee on Monday. "I want to be very cle...Read More
Mr. John Mirko reportsROKMASTER ACQUIRES 5,326 HA OF MINERAL CLAIMS TARGETING AU-AG-PB-ZN-CU MINERALIZATION AT ITS NEW REVEL NORTH PROPERTYRokmaster Resources Corp. has substantially expanded is mineral claim holdings north of the main Revel Ridge project area. Newly acquired mineral tenures Downie (3,173 ha), Keystone (1,992 ha), and North (161 ha) claims overlie the portions of the historic Keys...Read More
The gold rush has begun with a weekly breakout. The next major levels to watch are $1,880-$1900 December gold futures. The buying has been on volume giving two weeks of higher prices and higher volume. A pullback to 1840 would be no surprise, but it would be a buying opportunity.Silver looks very similar to gold and could launch farther and faster. There is no way to know for sure. However, the ne...Read More
Gold Royalty Corp. Provides Royalty Portfolio UpdateCanada NewsWireVANCOUVER, BC, Nov. 15, 2021Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - Bitcoin-U.S. dollar prices arehigher in early U.S. trading Monday. A price uptrend is in place on the dailybar chart. The Bitcoin bulls still have the solid overall near-term technicaladvantage, to sug...Read More
* Gold set to break a seven-session winning streak* UBS sees weaker silver price with the Fed's policy normalisationNov 15 (Reuters) - Gold prices traded in a narrow range on Monday following a recent inflation-driven rally, with a weaker dollar and a pullback in U.S. bond yields limiting losses in bullion.Spot gold was little changed at $1,864.85 per ounce by 1308 GMT, while U.S. gold futures eas...Read More
FRANKFURT (Reuters) -Tightening monetary policy now to rein in inflation could choke off the euro zone's recovery, European Central Bank President Christine Lagarde said on Monday, pushing back on calls and market bets for tighter policy.With inflation already twice its 2% target and likely rising further later this year, the ECB is coming under increased pressure to abandon its ultra easy monetar...Read More
Here are five Fastmarkets stories you might have missed on Monday November 15 that are worth another look.Ferro-alloy supply-side disruptions will likely continue well into 2022 with production cuts in China and capacity in other regions insufficient to meet demand amid persistent logistics constraints, panelists said on Sunday November 14 during...Read More
Mr. Mac Balkam reportsESKAY MINING ENTERS INTO AMENDED COST SHARING AGREEMENT WITH SEABRIDGE GOLD TO FINANCE COULTER CREEK ACCESS ROADFurther to the joint news release of Eskay Mining Corp. and Seabridge Gold Inc. issued July 5, 2021, Seabridge and Eskay Mining have amended the terms of their original agreement to share equally the costs of construction of the first nine kilometres of the Coulter...Read More
Mr. John Mirko reportsROKMASTER IDENTIFIES NEW GOLD-SILVER, ZINC-SILVER STRIKE EXTENSIONS AND TRENDSRokmaster Resources Corp. hasoutlined recent progress at its Revel Ridge project, including: (1) characterizing the southeastern gold-rich extension of the Revel Ridge Main zone (RRMZ); (2) outlining a second mineralized trend potentially characterized by the carbonate-hosted (carbonate replacement...Read More
Sir Brian Bender, chairman of the London Metal Exchange for almost a decade, has died at age 72.Bender joined the LME in 2010, fresh from a lifelong career in the British civil service, and described himself in an interview with Metal Market Magazine on his retirement in 2019 as a "slightly leftfield candidate" for the role.He presided over a transformative period of change at the exchange, includ...Read More
RYE, N.Y. -- (Business Wire)The Board of Trustees of GAMCO Global Gold, Natural Resources & Income Trust (NYSE American: GGN) (the "Fund") approved the continuation of its policy of paying monthly cash distributions. The Board of Trustees declared cash distributions of $0.03 per share for each of January, February, and March 2022. Based on current dynamics, the Fund may make distributions in e...Read More
Mr. Carl Lofberg reportsFIREFOX GOLD COMPLETES ANOTHER ROUND OF DRILLING AT MUSTAJARVI PROJECT AND MOVES DRILL TO UTSAMO PROSPECT IN NORTHERN FINLANDFirefox Gold Corp. has provided an update on its diamond drilling campaign that is under way testing up to four of the company's gold properties in Finland's central Lapland greenstone belt, as announced on Oct. 6, 2021.FireFox has completed the first...Read More
Base metals prices closed lower on the London Metal Exchange on Monday November 15, extending a downward consolidation amid an uncertain macroeconomic picture and a strong United States dollar index.Nickel's three-month price registered the largest fall on Monday, with a drop of $19 per tonne from $19,979 per tonne at the close on Friday. The metal traded as high as $20,030 per tonne - its highest...Read More
Bob Moriarty ArchivesNov 15, 2021I make it crystal clear in my investment books Nobody Knows Anything and Basic Investing in Resource Stocks that there is no magic to investing if you follow a reasonable set of rules. As I have so accurately pointed out just recently, predicting the future of any price movement can be fraught with problems. However looking at a map to see just where you are today...Read More