Flush with cash and armed with a knack for spotting mines producing below their potential, SSR Mining Inc. is on the hunt for more assets.Read full newsRead More
Flush with cash and armed with a knack for spotting mines producing below their potential, SSR Mining Inc. is on the hunt for more assets.Read full newsRead More
Chilean Metals Inc. (Read full newsRead More
Shares in Galantas Gold (TSX, LON:GAL) climbed on Monday in London after the company announced it has reached the main gold vein in development works underground at its Omagh gold mine in Northern Ireland.The main tunnel that Galantas has dug descends at a slope with a gradient of 1-in-7 from near the base of the former open pit, the company said.Galantas' Omagh is Northern Ireland's only produci...Read More
SANTIAGO, June 25 (Reuters) - Workers at Codelco's Chuquicamata copper mine in Chile, the state miner's second largest by output, are threatening to walk off the job soon to protest plans to transform the century-old open pit into an underground mine, a union leader said on Monday.Four of the Chuquicamata's six workers' unions voted to go ahead with strikes, alleging the company's plans to overhau...Read More
RIO DE JANEIRO, June 25 (Reuters) - Samarco, a joint venture between Brazilian miner Vale and Anglo-Australian BHP Billiton, could reach the second phase of a settlement with Brazilian prosecutors over a 2015 environmental disaster on Monday, a federal prosecutor said.The mining disaster, Brazil's worst on record, was caused by the bursting of a tailings dam and killed 19 people. Samarco's operati...Read More
MELBOURNE - June 25 (Reuters) - A partner in one of the world's largest lithium mines said on Monday trial dates have been set to determine whether expansion at the Western Australian mine, in which China's Tianqi Lithium holds a stake, would unfairly impact its minerals rights.Private-equity backed Global Advanced Metals (GAM) owns the rights to tantalum and other minerals produced at Greenbushes...Read More
Gold has weakened sharply in recent weeks because of the growing optimism surrounding the world economy. There are rising concerns, however, that Trump's trade policies could ignite a global trade war, which would cause economic growth to weaken. The impact of this would be exacerbated by higher crude and fears of another crisis for the euro because of Italy's deteriorating economy.In such an envi...Read More
A key part of Trump's political platform is his push to make America great again and revitalise U.S. industry. He intends to do this by levying a broad range of tariffs and other restrictions on free trade across a swathe of imported products so that locally manufactured products can compete. This saw Trump impose trade tariffs against the European Union (EU) and China, slapping tariffs on EU stee...Read More
Mr. Mark Kolebaba reportsIP SURVEY DEFINES TARGET UNDER HIGH-GRADE GOLD SAMPLES AT OUTLOOK RIDGEAdamera Minerals Corp.has developed a well-defined induced polarization (IP) anomaly immediately under the Outlook Ridge prospect on the Cooke Mountain project in Washington State. The site is where Adamera collected grab samples with assays ranging from two to 64 grams per tonne gold (see Nov. 28, 2017...Read More
Gold futures continues to trade under pressure, and as of 3:15 PM Eastern standard time is currently trading down $8.50 at $1,260.40. Today's lower pricing is a combination, a one-two punch, of sellers and strong U.S. dollar. The dollar is currently up 43 points (+0.47%) at 94.385. After testing and unsuccessfully trading above the current resistance at 95, the dollar traded under pressure for the...Read More
Despite calls from some quarters in the U.K. for a second referendum, Brexit is still happening. As of March 29, 2019, the U.K. will no longer be part of the European Union. Though the implementation of Brexit will no doubt send waves through global markets, there may be upcoming opportunities for investors in the Canadian stock market.Short term, Britain's trade with Canada might contract, but as...Read More
My Fellow Investor, During the week of July 4, Independence Day, I am going to be launching a new, premium stock-trading service - The Wealth Warrior.As part of that launch I will be releasing a special report, with a very special recommendation: a stock that could surge as much as 1,500% in the weeks ahead. And if you'd like to be among the very first readers to get an opportunity to buy it, al...Read More
(Kitco News) - The summer dip in gold prices might be a sign of a reversal for the yellow metal, according to one gold bull, who is expecting to see a “takeoff” amid a “friendlier” macro environment.“A short-term bottom in gold seems to be very likely at this juncture, thanks to a slightly friendlier macro backdrop,” Boris Mikanikrezai, precious metals analyst a...Read More
(Kitco News) - Gold and silver prices areweaker in early-afternoon U.S. trading Tuesday. However, prices have moved wellup from their daily lows that saw gold hit a six-month low and silver hit aseven-week low. A surge in Nymex crude oil prices above $70.00 did helped tolift gold and silver markets up from their session lows just before midday.Augustgold futures were last down $6.90 an ounce at $1...Read More
Jun 26, 2018 Guest(s): Thomas Horton VP, Project Development, Pembridge Resources Investors would do well to invest in copper at this time, according to Thomas Horton, VP of Project Development at Pembridge Resources. Copper is buoyed by supply constraints, strong demand, and a growing electric vehicle market, said Horton."The outlook looks great, and the cherry on top is electric vehicles (EV)....Read More
HOUSTON (Reuters) - The United States risks losing time and competitiveness the longer it continues its trade spat with Mexico and Canada and fails to focus on threats from China, a U.S. central banker said on Tuesday.“Intellectual property rights and technology transfer are very big issues, where China is using the joint ventures to get technology and then compete globally,” U.S. Dall...Read More
(Kitco News) - With gold back to trading near six-month lows and prices struggling to catch a break during the past few weeks, analysts are saying that gold is failing to attract safe-haven interest due to a surging U.S. dollar.Even though there is a clear threat of a trade war on the horizon, markets are not fleeing to safety, which is why gold prices are not reacting, analysts told Kitco News.Au...Read More
Consumer confidence fell to 126.4 in June.Although sentiment toward current business conditions was unchanged, the long-term outlook was not optimistic.Gillian Brassil| @Gillian_Brassil Published 11 Hours AgoUpdated9 Hours AgoCNBC.com Kamil Krzaczynski | ReutersA shopper checks on merchandise at the J.C. Penney department store in North Riverside, Illinois.Consumer confidence fell well below ec...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average rose on Tuesday after falling sharply on Monday, closing lower for the ninth time in 10 sessions. General Electric Co. (GE) was rising 8.5% on Tuesday after it said it would spin off its healthcare business and sell its stake in oil-services company Baker Hughes (BHGE) .Walgreens Boot...Read More