Gold Mountain Mining Corp. is pleased to announce assay results fRead full newsRead More
Kitco News talks to Peter Schiff, one of the staunchest detractors of Bitcoin, and Alex Mashinsky, a pioneer in the crypto space and a top Bitcoin proponent, live on YouTube.In this special LIVE interactive debate moderated by Kitco News Editor-in-Chief Michelle Makori, we tackle the toughest arguments for and against Bitcoin and cover your questions on which assets offer the best wealth protecti...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 and silver prices arehigher in midday U.S. trading Wednesday. Bulls stepped in to buy Tuesday's dipsin the metals' prices, which is a sign of strong markets. Gold and silver as aninflation hedge...Read More
I'm not going to lie...I'm a little frustrated right now.Maybe you are, too.Because maybe, like me, you can't really afford things right now.Maybe you've felt that way for a while and worried it'd get worse, and then it did.And maybe, like me, you and your feelings were dismissed by policymakers, politicians, and talking heads.You see, I've been warning about inflation for a year and a half now, a...Read More
(Kitco News) If stagflation is in the cards for next year, stocks could drop up to 50%, according to a simulation run by UBS.With inflation running hot globally and COVID-19 numbers still spiking across the globe, markets are starting to fear stagflation — a period described by high price pressures and slower economic growth.Latest inflation data out of the U.S. showed the consumer price ind...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 global silver market will see demand reach 1.29 billionounces this year, the first time it has breached 1 billion since 2015,according to the latest report from the Silver Institute.Wednesday, in it...Read More
Mr. Thomas Larsen reportsCHANNEL SAMPLING AT PORCO ADIT RETURNS 103M STRIKE LENGTH GRADING 521 AG EQ/T (INCLUDING 117 G AG/T, 1.44 G AU/T, 0.54% CU AND 0.66%SN) AT ISKA ISKA SILVER-TIN POLYMETALLIC PROJECT, POTOSI DEPARTMENT, BOLIVIAEloro Resources Ltd. has provided an update on its Iska Iska silver-tin polymetallic project in the Potosi department, southern Bolivia. To date, the Company has comp...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) - Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term. Will gold prices go higher, lower or remain unchanged next week? Kitco readers will have...Read More
Dr. Michael Gunning reportsVR REPORTS 299 METRE INTERSECTION OF CRITICAL METALS AND REE'S IN THE FIRST OF FIVE DRILLS HOLES COMPLETED IN OCTOBER AT HECLA-KILMERVR Resources Ltd. has provided new data from the first of five holes completed in October at its Hecla-Kilmer (H-K) project in Northern Ontario. A 299-metre intersection in drill hole HK21-005, starting near surface, confirms the discovery...Read More
By David LawderWASHINGTON, Nov 16 (Reuters) - U.S. Treasury Secretary Janet Yellen on Tuesday extended a deadline for a potential U.S. government default to Dec. 15 from Dec. 3, giving Congress more time to raise the federal debt ceiling as lawmakers also consider a massive social spending and climate bill.Yellen said in a letter to congressional leaders that the adjustment was "based on our most...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) - Bitcoin-U.S. dollar prices arehigherin early U.S. trading Wednesday after hitting a three-week low overnight. A priceuptrend in place on the daily bar chartis in jeopardy and the bulls need to show m...Read More
Mr. Steve Parsons reportsGOLDSOURCE ANNOUNCES INFILL DRILL RESULTS FOR EAGLE MOUNTAIN, NEAR SURFACE HIGH-GRADE INTERCEPT OF 14.2 M (ETW) GRADING 20.0 GPT AUGoldsource Mines Inc. has released additional infill and expansion drill results for the company's 100-per-cent-owned Eagle Mountain gold project in Guyana, South America. Newly reported results are for 29 core holes totalling 3,269 metres from...Read More
Mr. Marcel Robillard reportsPUMA EXTENDS MINERALISED ZONE WITH HIGH-GRADE SAMPLES UP TO 46,8 G/T AU, INCREASING GOLD POTENTIAL AT THE WILLIAMS BROOK GOLD PROPERTYPuma Exploration Inc. has discovered nine new gold-bearing quartz veins along the O'Neil gold trend (OGT) and reports surface samples grading up to 46.8 grams per tonne gold, extending the gold mineralized corridor over a continuous dist...Read More
Nov 17 (Reuters) - The New York Federal Reserve took unprecedented action to stabilize the Treasury market after it was disrupted at the start of the pandemic, offering a stark reminder that markets need to be strengthened to prepare for the next big shock, New York Fed Bank President John Williams said on Wednesday."Severe disruptions to critical financial markets like we saw last spring sho...Read More
Ballarat, Australia, Nov 17, 2021 - (ABN Newswire) -White Rock Minerals Limited (ASX:WRM) (OTCMKTS:WRMCF) is pleased to provide an update on the regional exploration review and the strategy being developed to advance multiple targets towards a significant gold discovery within the Company's large 660km2 tenement holding at the Woods Point Gold Project. Following completion of the merger of White R...Read More
I'm always on the look out for undervalued mining plays and over the years I've come up with a few juniors that were going along totally unnoticed by the general public. After doing a little bit of due diligence and maybe even a call to the company to get an updated story, some of these small undervalued juniors paid off well. Other times a subscriber will email me pointing out a stock that they t...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 is holding near session highs as momentum inU.S. home construction weakened last month. The housing market was a pillar of strength for the U.S.economy during the COVID-19 pandemic last...Read More
Mr. Kevin Keough reportsEVERGOLD'S GOLDEN LION DRILLING YIELDS THE HIGHEST GRADES YET SEEN ON THE PROPERTY, MULTIPLE HIGH-GRADE INTERCEPTS INCLUDING 2.8 M OF 10.4 G/T GOLD, 651 G/T SILVER, 11% ZINC, 4% LEAD, WITHIN 11.3 M OF 5.4 G/T GOLD, 62 G/T SILVER, 3% ZINC, 1% LEAD Evergold Corp. has released by far the highest grades of gold, silver, zinc and lead ever achieved in drilling at the GL1 Main ta...Read More
Glencore is selling its Ernest Henry Mining (EHM) copper-gold mine in Queensland, Australia, to Evolution Mining for A$1 billion ($730 million). According to a press release Glencore will receive A$1 billion, comprising A$800 million on the closing of the transaction and a further A$200 million payable 12 months after the transaction closes. Evolution said the deal will be paid for with existing a...Read More
Here are five Fastmarkets stories you might have missed on Wednesday November 17 that are worth another look.Regional cooperation, public planning and funding capacity for new technologies will be key for the Latin American steel industry to deliver reduced greenhouse gas (GHG) emissions in the long term, top executives and experts...Read More