An updated preliminary economic assessment (PEA) of Marathon Gold's (TSX: MOZ) Valentine Lake project in Newfoundland, which was based on 20,000 metres of additional drilling since February, among other work, demonstrates stronger economics than an earlier PEA completed in May.The new PEA estimates the project will produce 2.72 million ounces of gold, an average of 225,100 ounces per year, over a...Read More

Pancontinental Resources Corporation ("Pancon") (TSXV:PUC) (Read full newsRead More

On Thursday, Mr. Draghi held a press conference. But the real thunderbolt hit on Monday, when Ms. Merkel announced that she would step down this year as a leader of her conservative party. Will that lighting make gold shine? Draghi Says That We Shouldn’t Worry Let’s start with the latest ECB’s monetary policy statement and the following Draghi’s press conference. In short,...Read More

Nevada Sunrise (TSXV:NEV) (Read full newsRead More

Oct 30 (Reuters) - Randgold Resources Ltd said on Tuesday its Loulo-Gounkoto gold mining complex in Mali had stepped up production, with increased grades expected in the third and fourth quarter of the year.Mali is the third biggest producer of gold after South Africa and Ghana, with gold mines operated by multinational companies including Randgold Resources, Anglogold Ashanti , B2Gold and Resolut...Read More

Mr. Blaine Monaghan reportsFREMONT IDENTIFIES POSSIBLE EXTENSION TO THE GOLD BAR MINE NEVADAFremont Gold Ltd. has identified several highly prospective drill targets at the company's Gold Bar project located in Eureka county, Nevada. A recently completed soil sampling program, based on a new structural interpretation, has identified coincident gold and mercury geochemical anomalies, and suggests t...Read More

Mr. Blaine Monaghan reportsFREMONT IDENTIFIES POSSIBLE EXTENSION TO THE GOLD BAR MINE NEVADAFremont Gold Ltd. has identified several highly prospective drill targets at the company's Gold Bar project located in Eureka county, Nevada. A recently completed soil sampling program, based on a new structural interpretation, has identified coincident gold and mercury geochemical anomalies, and suggests t...Read More

The casino name has been one of the biggest underperformers in NovemberThe shares of Wynn Resorts Ltd. (NASDAQ:WYNN) have taken a beating in October, down 26% so far to trade at $93.32. This would mark the casino stock's worst month since September 2015. The selling could be far from exhausted on WYNN stock, though, if history is any guide.According to Schaeffer's Senior Quantitative Analyst Rocky...Read More

Gold witnessed only moderate upward pressure despite the recent equity rout.Speculators slightly lifted net long positions in Comex gold in the week to October 23, the CFTC shows.ETF investors bought just a small quantity of gold last week, according to Fastmarkets.For now, investors are not overly worried about the "technical" sell-off in US equities. As such, the dollar acts as the ideal safe-ha...Read More

NEW YORK, Oct 30 (Reuters) - Yields on U.S. Treasury bonds rose modestly on Tuesday as equities recovered from Monday’s sell-off after President Donald Trump said he believed “a great deal” on trade can be struck with China, but warned new tariffs were ready if talks fail.Treasury prices fell as risk appetite increased, with U.S. stocks up slightly in mid-morning after a mixed op...Read More

(Reuters) - Under Armour Inc’s (UA.N) (UAA.N) shares surged 25 percent on Tuesday after the sportswear maker beat quarterly earnings estimates and raised its full-year profit forecast as it kept costs lower and offered fewer discounts.Under Armour has been striving to regain momentum after a tough couple of years when it lost out to bigger rivals Nike Inc (NKE.N) and Adidas AG (ADSGn.DE). Sw...Read More

TOKYO, Oct 30 - Japanese steelmakers JFE Holdings and Kobe Steel cut their annual profit forecasts on Tuesday due to technical glitches at their plants and higher costs of electricity, distribution and subsidiary materials.Japanese steelmakers are enjoying solid local demand from automakers and machinery manufacturers as well as the construction sector, which has been in full swing for the 2020 To...Read More

WASHINGTON (Reuters) - U.S. consumer confidence rose to an 18-year high in October, driven largely a robust labor market, suggesting strong economic growth could persist in the near term.The Conference Board said its consumer confidence index increased to a reading of 137.9 this month, the highest reading since September 2000, from a downwardly revised 135.3 in September. Economists polled by Reut...Read More

NEW YORK (Reuters) - The credit quality of U.S. states is improving, with revenue growth and spending moderation helping to halt a downward trend, according to a report to be released later on Tuesday.States’ revenue growth is higher than national economic growth in current dollars, the bi-annual report from global investment management firm Conning Inc found.The boost in credit quality to &...Read More

OSLO (Reuters) - British citizens already living in Norway and Norwegian citizens living in Britain will have the right to remain residents, even in case of a no-deal Brexit, the prime ministers of Britain and Norway said on Tuesday.“Prime Minister May and I agreed that Norway and UK will put in place a comprehensive citizens rights’ agreement,” said Erna Solberg, prime minister...Read More

Oct 30 - Metals producer Nyrstar NV said on Tuesday that third-quarter core profit dropped 74 percent, hit by a combination of falling zinc prices, rising energy prices and higher mine operating expenses.The Belgian company, whose biggest shareholder is Swiss-based global commodities trader Trafigura, had already issued a profit warning last month and its shares slid 11.1 percent following Tuesday...Read More

Oct 30 - Belgium's Nyrstar NV posted a 74 percent plunge in third-quarter core profit on Tuesday, hurt by lower zinc treatment charges, rising energy prices and higher operating charges at mining operations.Underlying earnings before interest, tax, amortization and depreciation (EBITDA) came in at 13 million euros ($14.8 million) on revenues of 1.0 billion euros, the zinc and lead producer said.Fo...Read More

BOSTON - (Kitco News)- Gold and palladium are thedarlings of the precious-metals sector, but one analyst is paying moreattention to dark horses silver and platinum.In an interview with Kitco Newsduring the London Bullion Market Association annual conference, Johann Wiebe,lead precious metals analyst at GFMS, Refinitiv, formerly the Thomson ReutersFinancial and Risk Unit, said that while gold and p...Read More

BOSTON - (Kitco News) - Gold and palladium are the darlings of the precious-metals sector, but one analyst is paying more attention to dark horses silver and platinum.In an interview with Kitco News during the London Bullion Market Association annual conference, Johann Wiebe, lead precious metals analyst at GFMS, Refinitiv, formerly the Thomson Reuters Financial and Risk Unit, said that while gold...Read More

(Kitco News) - Goldmay need further weakness in the equity market to retain its October rally,says TD Securities.Themetal spent much of the summer “in the gutter” as bearish traders piled onshort positions, the firm pointed out a research note late Monday. However, a sharpcorrection lower in equities this month convinced many of these shorts to buyin order to cover, or exit, positions....Read More