Mr. Michael Allen reportsNORTHERN EMPIRE DRILLS 70.07 M OF 1.79 G/T GOLD AT THE SECRET PASS DEPOSIT STERLING GOLD PROJECT, NYE COUNTY, NEVADANorthern Empire Resources Corp. has released drill results from the Secret Pass deposit, within the company's 100-per-cent-owned Sterling gold project located in Nye county, Nevada.Hole IDFromToLengthAu(m) (m) (m) (g/t)SP18-003C* 152.86222.93 70.071.79includi...Read More
ORENINC INDEX - Monday, March 19th 2018Last week index score: 26.73This week: 40.03 Prospero Silver (TSXV:PSL) discovered a new gold & silver-bearing epithermal vein system during a three-hole drill program at the Pachuca SE project in Hidalgo, Mexico.Avrupa Minerals (TSXV:AVU) said its C$500,000 private placement financing is fully subscribed.The Oreninc Index surged in the week ending M...Read More
Mar 20, 2018 Guest(s): Kevin O'Leary The latest trends in the market have been down, signaling a new phase in which investors are more tepid, says Kevin O'Leary, Chairman of O'Shares ETFs, and star of the hit TV show "Shark Tanks." "You can start to see the old days are back, everything old is new again, volatility's back, and investors have a chance to decide everyday whether to get in or out...Read More
Dr. Quinton Hennigh reportsNOVO PROVIDES AN EXPLORATION UPDATE FROM COMET WELL Novo Resources Corp. has provided an update of exploration activities at Comet Well, part of Novo's greater Karratha gold project located in the Pilbara region of Western Australia. Trenching, bulk sampling and scout diamond drilling are currently under way, and the first results from recently collected bulk samples are...Read More
Energy Fuels Inc (TSE:EFR, NYSE:UUUU) shares nudged higher as it today outlined "bridges" of opportunity to increase primary production from its US uranium mines as market conditions improve.In a letter to shareholders, new president and chief Mark S. Chalmers, pointed out that the group has a portfolio that is unmatched in the US uranium industry in terms of production scalability, licensed and p...Read More
(Kitco News) - Gold and silver prices were moderately lower in early afternoon U.S. trading Tuesday,pressured by a stronger U.S. dollar index on this day and some chart-based selling.Gold hit a three-week low, while silver prices notched a three-month low. April Comex gold futures were last down $7.10 an ounce at $1,310.70. May Comex silver was last down $0.165 at $16.16 an ounce.Themarketplace is...Read More
The next move for gold prices may not please the bulls, who are likely betting for the return of stock market volatility boosting sentiment around the yellow metal. "In the last four gold selloffs, greater than average volume occurred across the entire futures chain while front month gold prices held support -- this suggests new longs and accumulation in the lower $1300's," says Bank of America...Read More
Mr. Nav Dhaliwal reportsBONTERRA CONTINUES TO DEMONSTRATE CONTINUITY OF THE GLADIATOR GOLD DEPOSIT INTERSECTING 16.9 G/T GOLD OVER 6.5 MBonterra Resources Inc. has released initial results from the continuing winter drilling campaign at the Gladiator gold deposit, including an intersection of 16.9 grams per tonne gold over 6.5 metres. High-grade intersections from four recent drill holes continue...Read More
(Kitco News)- Gold has fallen to a three-weeklow as the Federal Reserve starts a two-day monetary policy meeting; however,one bullion firm said that it sees some buoyancy in the precious metals,despite the threat of higher interest rates.Although gold prices are testingsupport just above $1,300 an ounce, analysts at Degussa said that the currentprice could represent an attractive entry point for i...Read More
Here Are 3 Hot Things to Know About Stocks Right Now Even with its gains on Tuesday, the S&P 500 remains more than 150 points below its all-time high reached on Jan. 26.The Dow Jones Industrial Average remains nearly 1,900 points below its all-time high, also reached on Jan. 26.Oracle shares dropped nearly 10% on Tuesday. Facebook fell by 2.5%. Wall Street Overview Stocks rebounded on Tuesd...Read More
Base metals prices on the London Metal Exchange closed lower across the board on Tuesday March 20, with copper falling to a new 2018-low. The three-month copper price closed 1.4% lower and hit a low of $6,730 per tonne earlier in the day - the lowest since December 14, 2017. "This comes amid broad-based downward pressure across the industrial metals, chiefly owing to a weaker global risk appetite...Read More
Canadian Nuclear Laboratories (CNL) has issued a request for proposals (RFP) for the design and construction of a CAD370 million (USD283 million) laboratory research complex that will be the largest single capital investment in the CAD1.2 billion revitalisation of its Chalk River site.The ANMRC is central to CNL's vision for Chalk River (Image: CNL)The Advanced Nuclear Materials Research Centre (A...Read More
(Kitco News) - Holdings of gold by global exchange-traded funds have risento a multi-year high, even if the price of the metal has gone the other waylately.Comex April gold was trading at $1,310 an ounce as of 8:30 a.m. EDT.The metal closed at $1,325 last Wednesday, before three straight days of large ETFinflows.Analysts suggested the price dip has encouraged buying ofgold ETFs, as has nervousness...Read More
Comex copper prices tumbled to a mid-December low after investors moved to the sidelines ahead of a critical US central bank meeting. Copper for May settlement on the Comex division of the New York Mercantile Exchange tumbled 3.30 cents or 1.1% to $3.0490 per lb. Earlier, the contract touched $3.0290, the lowest since December 13. The red metal is now on...Read More
Canada has one of the most expensive universal health-care systems in the developed world. However, there is an imbalance between the value Canadians receive and the relatively high amount of money they spend on their health-care system. Of particular concern is the fact that Canada has significantly fewer physicians and acute-care beds, and also ranks poorly for the availability of important medi...Read More
Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:stewart@gutrader.comMar 20, 2018It’s very important for gold, bond, and stock market investors to stay focused on the main fundamental price drivers and ignore what may feel exciting but is largely irrelevant to price discovery. Citizen demand from China/India and US central bank policy are the main pr...Read More
BUENOS AIRES (Reuters) - Brazilian Finance Minister Henrique Meirelles said on Tuesday that U.S. Treasury Secretary Steven Mnuchin listened to Brazil’s qualms about planned steel tariffs and would relay them to the U.S. Commerce Department.Meirelles, speaking at a news conference, said he told Mnuchin the tariffs would be “counterproductive” because they would hurt U.S. companies...Read More
Deteriorating real economic fundamentals - The most important economic report out last week was retail sales for February, which showed at 0.1% decline from January. This was a surprise to Wall Street's brain trust, which was expecting a 0.4% gain. Keep in mind the 0.1% decline is nominal. After subtracting inflation, the "unit" decline in sales is even worse. This was the third straight month ret...Read More
The main union at Antofagasta's Los Pelambres copper mine has agreed to extend government-led mediation by five days, postponing a potential strike there. Mediation started on March 9 after the union rejected Antofagasta's offer of a new labor contract and was...Read More
Gold is on the defensive as traders await the outcomeof a two-day meeting of the Federal Open Market Committee that is expected toresult in a 25-basis-point U.S. interest-rate hike, says George Gero, managingdirector with RBC Wealth Management. As of 10:01 a.m. EDT, ComexApril gold was down $9.10to $1,308.70 an ounce. “Gold sellers return as Fed meeting [begins] and ratehike is apparently th...Read More