Gold has created a classic bull flag - a continuation pattern - on the 4-hour chart. A convincing break above $1,248 (upper end of the flag) would signal a continuation of the rally from the low of $1,216 and would open the doors to $1,280 (target as per the measured height method - pole height added to breakout price). That target may not look feasible for now. That said, the flag breakout...Read More
If you're stuck on options of what to do this New Year's Eve, or Vegas is slightly out of your price range, don't worry - Casinos BC have you covered.Read full newsRead More
If you're stuck on options of what to do this New Year's Eve, or Vegas is slightly out of your price range, don't worry - Casinos BC have you covered.Read full newsRead More
"Detour Gold has postponed its planned shareholders meeting after learning that a bloc of investors have sided with Paulson & Co on its quest to overthrow Detour's board. https://t.co/Nz9XYxc8jk #investing #resource #preciousmetals #gold"Read full newsRead More
"Gold Forecast 2019: Companies Weigh In. The gold price has decreased almost 5 percent this year, a contrast to what was predicted at the end of 2017. https://t.co/YyJHsDzMDq #investing #resource #preciousmetals #gold #forecast"Read full newsRead More
Cactus Club Cafe is giving away a $300 gift card, so you can go in and enjoy some of their fresh, locally sourced cuisine.Read full newsRead More
Cactus Club Cafe is giving away a $300 gift card, so you can go in and enjoy some of their fresh, locally sourced cuisine.Read full newsRead More
When it comes to resource stocks, John Kaiser believes investors are in capitulation mode. In his Tuesday Discovery Watch interview, Mr. Kaiser suggests that may be the overriding reason why Great Bear Resources (Mixed; GBR) and Osisko Metals (Sunny; OM) stocks seemed unimpressed with the good news from both companies over the past week.Click for larger Mr. Kaiser described a state of desponde...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average and the S&P 500 were rising sharply Wednesday. Each index has closed lower for four of the past five sessions.Tencent Music begin trading on the New York Stock Exchange Wednesday and the stock jumped 8.8% to $14.14. The initial public offering for the Chinese streaming company was priced at $13, the lo...Read More
Romios Gold Resources Inc. (TSX.V: RG) (OTC-PK: RMIOF) (Frankfurt: D4R) recently announced that, further to its press releases of September 24, 2018, it has finalized a definitive agreement (see the "Definitive Agreement") with Crystal Lake Mining Corp. ("CLM") to option the Company's Newmont Lake Property ("Newmont Lake") (see September 24, 2018 news release for details o...Read More
Torex Gold Resources Inc. (TSX: TXG) recently reported record production in the third quarter of 2018 of 100,346 ounces in dore, and an additional 1,135 ounces in carbon fines. Gold produced for the nine months totaled 246,309 ounces in dore, and an additional 11,322 ounces in carbon fines.Fred Stanford, President & CEO of Torex stated: "This was an excellent quarter with record gold productio...Read More
Kirkland Lake Gold Ltd. (TSX: KL) (NYSE: KL) (ASX: KLA) says the company is on track for record quarterly production in the fourth quarter of 2018, with full-year 2018 production now expected to exceed 330,000 ounces versus current guidance of 300,000 - 310,000 ounces. Based on the improved outlook for Fosterville Mine, the Company now anticipates that full-year 2018 consolidated production w...Read More
A historic backwardation in zinc forward prices has its first major casualty, with Thailand's foremost zinc distributor set to close that part of its business as a result.Padaeng Industry, formerly a primary zinc smelter which pivoted into the renewable energy industry, will close its 50,000 tonne per year zinc metal distribution business at the end of 2018, the company said in a Stock Exchange of...Read More
The tin premium in Europe continued its ascent on Tuesday December 11 on mounting concern for the availability of supply from Indonesia, while weak demand is keeping premiums in the United States and China flat. European premium boosted by Indonesian export freezeUS premiums flat in quiet marketChinese premiums stable on seasonality, closed import window European tin premium up before a tight Janu...Read More
Base metals prices on the London Metal Exchange had mostly drifted lower by the close on Wednesday December 12 but were confined to tight ranges throughout what was an unexceptional trading day.Volumes were thin while market participants slowed their trading ahead of the looming end of the year. In copper, around 10,000 lots traded by the 5pm close compared with more than 22,000 lots on Friday. Th...Read More
The European ferro-molybdenum market, which climbed almost 2.5% in trading a week ago, has pared gains since Friday in line with a drop in demand.Suppliers said there is plenty of alloy available if needed amid negligible levels of consumer demand and they have cut their offer prices as a result.The ferro-molybdenum, basis 65%, in-warehouse Rotterdam price has dropped 20 cents to $29.20-29.40 per...Read More
Key data from the Wednesday December 12 pricing session in Europe. Key drivers European suppliers booked several sales in the past week, narrowing the price range to 50 cents.European market sources said there was downward market pressure from Russian suppliers, but those suppliers have reported doing deals around the middle of the current European price range.European market expected to be stabl...Read More
The European ferro-molybdenum market, which climbed almost 2.5% in trading a week ago, has pared gains since Friday in line with a drop in demand.Suppliers said there is plenty of alloy available if needed amid negligible levels of consumer demand and they have cut their offer prices as a result.The ferro-molybdenum, basis 65%, in-warehouse Rotterdam price has dropped 20 cents to $29.20-29.40 per...Read More
Dynacor Gold Mines Inc. (TSX: DNG; OTC: DNGDF) says its October gold production results were the best monthly gold production results in 2018.In October, the Corporation produced 7,352 ounces of gold, a 11% monthly average increase from the previous nine months. The total amount of ore purchased in October also increased by 11% compared to the average of the previous nine months.Dynacor, the...Read More
SilverCrest Metals Inc. (TSX.V: SIL) (NYSE: SILV) recently announced that SSR Mining Inc. ("SSR") has agreed to purchase 8,220,645 common shares of the Company at a price of $3.73 per share for a total investment of $30,663,006 in a non-brokered private placement financing. After giving effect to the private placement, SSR will own 9.9% of the outstanding common shares of Silve...Read More