Roxgold (TSX: ROXG; US-OTC: ROGFF) expects its Yaramoko mine in Burkina Faso will produce between 145,000 and 155,000 ounces this year at cash costs of $440-$470 per oz. and all-in sustaining costs of $765-795 per oz.The company expects to have a strong year with the addition of Yaramoko's second high-grade underground mine, Bagassi South, which is expected to reach commercial production in the se...Read More

GOLD Spot gold regained traction and bounced from Asian low at $1277, as renewed risk-off mode on IMF downgrade of global growth forecast increased safe-haven demand. Fresh gains struggle to return above rising 20SMA ($1284), close above which is needed to complete Doji reversal pattern on daily chart and shift near-term focus towards $1287 (10SMA) and $1292 (Friday's high). Flat momentum and...Read More

Roxgold (TSX: ROXG; US-OTC: ROGFF) expects its Yaramoko mine in Burkina Faso will produce between 145,000 and 155,000 ounces this year at cash costs of $440-$470 per oz. and all-in sustaining costs of $765-795 per oz.The company expects to have a strong year with the addition of Yaramoko's second high-grade underground mine, Bagassi South, which is expected to reach commercial production in the se...Read More

New Jersey Mining (CNSX: NJMC; US-OTC: NJMC) has intersected gold mineralization at its Paymaster Shoot in Idaho's Coeur D'Alene district grading as high as 70.3 grams gold over 0.35 metres. The company drilled both holes to extend gold mineralization down dip from exploratory holes it drilled at Paymaster in 2012.Paymaster is the next mineralized zone south of the Skookum Shoot, part of the compa...Read More

New Jersey Mining (CNSX: NJMC; US-OTC: NJMC) has intersected gold mineralization at its Paymaster Shoot in Idaho's Coeur D'Alene district grading as high as 70.3 grams gold over 0.35 metres. The company drilled both holes to extend gold mineralization down dip from exploratory holes it drilled at Paymaster in 2012.Paymaster is the next mineralized zone south of the Skookum Shoot, part of the compa...Read More

   •  Pessimism over global growth hits risk sentiment and underpin demand for safe-haven assets.   •  Sliding US bond yields offset a modest USD uptick and remained supportive of the up-move. Gold staged a goodish rebound from closer to over two-week lows, set in the previous session, and for now seems to have snapped three consecutive days of losing streak...Read More

Bearish betting has been picking up speed on the retail stockAnalysts at Goldman Sachs are adjusting ratings on retail stocks today. For Gap Inc (NYSE:GPS), this meant a downgrade to "sell" from "neutral" and price-target cut to $23 from $27, with the brokerage firm citing concerns over slowing brand momentum. At last check, GPS stock is down 2.6% at $25.26, retreating from a trendline with histor...Read More

As financial market volatility subsides, many think gold will suffer.Even as confidence returns, however, gold can still remain buoyant.Concerns over the global outlook will keep gold's fear factor intact.A question being asked by participants as global markets rebound is whether the gold price can maintain its upward trend? That gold benefited from the extreme financial market volatility late...Read More

ABB is working closely with major mining customer Polska Grupa G??rnicza S.A. (PGG) on new ways to use digital technologies from the ABB AbilityTM MineOptimize portfolio to improve specific operations at PGG sites, as well as in new applications that will benefit the larger mining industry.The combination of the know-how of Polska Grupa G??rnicza and the global experience and capabilities of ABB's...Read More

DOJ officials have reportedly told a Canadian diplomat that the DOJ will submit its formal extradition request by the Jan. 30 deadline (the US has 60 days from the day of Meng's arrest in Vancouver to formally ask for extradition)...Read full newsRead More

The FDA weighed in on the company's SMA treatmentThe shares of Cytokinetics, Inc. (NASDAQ:CYTK) are down 1.3% at $6.76 in earlytrading, reversing pre-market gains, despite theFood and Drug Administration's (FDA) sign-off on the "Six Minute Walk Test" (6MWT) as the primary endpoint for a reldesemtiv registration program among patients with spinal muscular atrophy (SMA) who have maintained ambulator...Read More

WARSAW, Jan 22 (Reuters) - Daimler-owned Mercedes-Benz Cars will start producing electric batteries in Jawor, Poland, the Polish Prime Minister Mateusz Morawiecki said on Tuesday, as the company looks to ramp up its investments into electric batteries in the coming decade."We are very happy that an investor that has been with us for a few years has entrusted us again and in the same place in Jawor...Read More

JOHANNESBURG - The World bank forecast higher South African economic growth this year compared with the previous year, but warned of risks such as global trade tensions and poor balance sheets of state-owned companies.The World Bank sees South Africa's gross domestic product growing by 1.3 percent this year, an improvement from a forecast of 0.9 percent for 2018.Economic growth would be supported...Read More

* Thousands march to protest wages at gold operations* Union hands over lists of demands* Threatens "full on strike" at firm's platinum site* Sibanye says management considering demandsJOHANNESBURG - A South African union representing just under half of all workers at Sibanye-Stillwater's platinum mine will extend a one-day strike if the company does not return to the negotiating table, its presid...Read More

Both stocks just grabbed their highest closes in weeksNike Inc (NYSE:NKE) shares notched their highest close since October on Friday, and they're on the rise again today. Cowen and Company upgraded its opinion on the blue chip to "outperform" from "market perform" and boosted its price target to $90 from $80. In the note, analysts said they expect gross margins to improve for the company, helped i...Read More

Tanzania intends to cancel permits for mineral sites belonging to large-scale miners that remain undeveloped and will allocate the licences to smallholders, President John Magufuli said.The announcement comes amid a tax dispute between the state and Acacia Mining Plc, in which the government is demanding $190 billion in penalties, after claiming the company had under-declared export revenue since...Read More

Tanzania intends to cancel permits for mineral sites belonging to large-scale miners that remain undeveloped and will allocate the licences to smallholders, President John Magufuli said.The announcement comes amid a tax dispute between the state and Acacia Mining Plc, in which the government is demanding $190 billion in penalties, after claiming the company had under-declared export revenue since...Read More

Analyst departure sees Canadian bank drop coverage of 18 mining companiesRead full newsRead More

There's a better potential haven than gold for investors spooked by the risk of a recession this year - mid-sized producers who've outperformed both bullion and the rest of the mining industry.Companies including Canada's Kirkland Lake Gold Ltd. and Australia's Northern Star Resources Ltd. have scope to extend gains and should be in focus for investors looking for a safe harbor, according to Joe F...Read More

There's a better potential haven than gold for investors spooked by the risk of a recession this year - mid-sized producers who've outperformed both bullion and the rest of the mining industry.Companies including Canada's Kirkland Lake Gold Ltd. and Australia's Northern Star Resources Ltd. have scope to extend gains and should be in focus for investors looking for a safe harbor, according to Joe F...Read More