Recent News

Triumph drills 18.39 m of 1.035 g/t AuEq at Freegold

October 24, 2018 / www.stockwatch.com

Mr. Paul Reynolds reportsTRIUMPH GOLD ANNOUNCES RESULTS FROM EXPLORATION DRILLING IN THE GRANGER AND GUDER ZONESTriumph Gold Corp. has released the results of exploration drilling in the Granger and Guder zones on its 100-per-cent-owned, road-accessible Freegold Mountain property in Yukon. The Granger and Guder zonesare located in the central portion of a six-kilometre-long multielement soil anoma...Read More

Corvus Gold acquires 15.2 sq km of land in Nevada

October 24, 2018 / www.stockwatch.com

Mr. Jeffrey Pontius reportsCORVUS GOLD EXPANDS ITS DISTRICT-WIDE LAND PACKAGE BY 15 SQ. KM, ADDING SEVERAL NEW TARGET AREAS, BULLFROG DISTRICT, NEVADA Corvus Gold Inc. has expanded its district-wide land package by approximately 14 per cent and now controls 100 per cent of 123.1 square kilometres in the Bullfrog mining district. The new 15.2-square-kilometre land package was staked as open ground...Read More

Corvus Gold acquires 15.2 sq km of land in Nevada

October 24, 2018 / www.stockwatch.com

Mr. Jeffrey Pontius reportsCORVUS GOLD EXPANDS ITS DISTRICT-WIDE LAND PACKAGE BY 15 SQ. KM, ADDING SEVERAL NEW TARGET AREAS, BULLFROG DISTRICT, NEVADA Corvus Gold Inc. has expanded its district-wide land package by approximately 14 per cent and now controls 100 per cent of 123.1 square kilometres in the Bullfrog mining district. The new 15.2-square-kilometre land package was staked as open ground...Read More

Quantifying drilling efficiencies - Why drilling metrics matter

October 24, 2018 / www.mining.com

How do you measure success?The mining sector continues to look for ways to improve efficiencies and lower costs and drilling companies are following suit. At the end of the day, the best drilling contractors know that it's all about providing maximum value to the customer.Drilling the meters is only one part of the equation and other metrics provide guidance to total value.To quantify drilling eff...Read More

Authorities Probing Suspicious Packages Sent to Hillary Clinton, Obama

October 24, 2018 / www.kitco.com

(Reuters) - Federal authorities were investigating suspicious packages sent to former U.S. President Barack Obama and former Democratic presidential candidate Hillary Clinton, the U.S. Secret Service said on Wednesday.The package to Clinton was found late Tuesday while another package addressed to Obama was found early Wednesday, both during routine mail screenings, the Secret Service said. Both O...Read More

Manufacturing, service PMIs bounce back in October despite cost complaints

October 24, 2018 / www.marketwatch.com

BloombergEmployees prepare fabric for clothing at the 9B Apparel manufacturing facility in Los Angeles. The numbers: The flash reading of IHS Markit's manufacturing purchasing managers index rose to a five-month high of 55.9 in October from 55.6, while the flash services PMI rose to a two-month high of 54.7 from 53.5 in September. Any reading above 50 indicates improving conditions. A flash readi...Read More

Worries on demand, profit outlook and trade dent global tech shares

October 24, 2018 / www.kitco.com

(Reuters) - Global tech stocks have lost about $1 trillion or 9 percent of market value this month, Refinitiv data showed, hurt by worries over slowing global demand, valuations and trade tensions between the United States and China.The losses were also exacerbated by a rise in U.S. yields, which shot up to a near 7-1/2 year high this month and prompted investors to leave risky sectors and move in...Read More

Gold Prices Off Their Lows As New Home Sales Miss Expectations

October 24, 2018 / www.kitco.com

(Kitco News)- Gold prices are off their lows but remain down on the day following further weaknessin the housing sector as fewer consumers bought new homes last month.Wednesday,the U.S. Commerce Department said that new home sales dropped 5.5% inSeptember, to a seasonally adjusted annualized rate of 553,000 homes, down fromAugust's downward revised rate of 585,000. According to consensus fore...Read More

Q&A with Randy Smallwood via @theassay

October 24, 2018 / www.theassay.com

Can you provide an introduction to Wheaton Precious Metals' core business and the history of the company? It takes capitalRead full newsRead More

Bank Of Canada Hikes Rates To 1.75%, Gold Priced In CAD Drops To Daily Lows

October 24, 2018 / www.kitco.com

(Kitco News) - The Bank of Canada (BoC) raised its key interest rate to 1.75% on Wednesday, hiking rates for the third time this year. Gold priced in Canadian dollars tumbled down immediately following the news, last trading at C$1,599.45 an ounce, down 0.60% on the day, according to Kitco’s Gold-Currency charts. The interest rate hike was widely expected by the markets and marks the fifth t...Read More

3D Systems Stock Bounces Near Key Price Point

October 24, 2018 / www.schaeffersresearch.com

Earnings are less than a week away3D Systems Corporation (NYSE:DDD) is trading up 4.3% at $17.40 this morning, after Piper Jaffray upgraded the stock to "neutral" from "underweight" and lifted its price target to $17 from $14. The brokerage firm cited the company's recent partnership with Align Technology (ALGN) as a source of future growth, along with the launch of DDD's Figure 4 platform. Before...Read More

Check Point profit tops estimates, buys cloud security firm

October 24, 2018 / www.kitco.com

TEL AVIV (Reuters) - Network security provider Check Point Software Technologies reported quarterly net profit that beat expectations and said it has acquired Israel’s Dome9 to strengthen its position in cloud security.Founded in 2011, Dome9 enables security and compliance for rapid public cloud adoption.Full financial details of the acquisition were not disclosed, but Israel-based Check Poi...Read More

Responsible Gold Coming To A Portfolio Near You - Tradewind

October 24, 2018 / www.kitco.com

(Kitco News)- Not only is gold in the midst of a digital revolution butthe marketplace will see a significant advancement in transparency.Fin-tech start up, Tradewind Markets has announced a newaddition to its digital gold and silver exchange, Vaultchain Gold. The platformwill now include a provenance application, which will allow traders andinvestors to see where their gold came from and how it w...Read More

Responsible Gold Coming To A Portfolio Near You - Tradewind

October 24, 2018 / www.kitco.com

(Kitco News) - Not only is gold in the midst of a digital revolution but the marketplace will see a significant advancement in transparency.Fin-tech start up, Tradewind Markets has announced a new addition to its digital gold and silver exchange, Vaultchain Gold. The platform will now include a provenance application, which will allow traders and investors to see where their gold came from and how...Read More

Gold Prices See Little Reaction To Modest Rise In Flash PMI Data

October 24, 2018 / www.kitco.com

(Kitco News)- Goldprices were largely unchanged seeing modest selling pressure followingstronger-than-expected preliminary data for the U.S. manufacturing and servicesectorTheflash U.S. manufacturing Purchasing Managers Index for October rose to areading of 55.9, up from September's reading of 55.6, research firm IHS Markitsaid in its latest report. Economists were expecting a modest decline to 55...Read More

Will Automakers Switch Metals After Palladium Hits Record High?

October 24, 2018 / www.kitco.com

(Kitco News)- Palladium prices hit a recordhigh this week and widened the premium over sister metal platinum, whichultimately could encourage automakers to switch to platinum for auto catalysts,analysts report.“In a year that’s seen losses formost other commodities, the rally in palladium has been exceptional,” saidcommodities brokerage SP Angel. “It’s the one major m...Read More

Tesla shares jump as Musk delivers quarterly profit, cash

October 24, 2018 / www.mining.com

SAN FRANCISCO, Oct 24 (Reuters) - Tesla Inc reported a net profit, positive cash flow and fatter-than-expected margins for the latest quarter on Wednesday, delivering on Chief Executive Elon Musk's promise to turn the electric carmaker profitable as higher production volumes of its new Model 3 began to pay off.Tesla reiterated that it expected to repeat its positive net profit in the current quart...Read More

Germany supports EU's demand on Italian budget: government spokesman

October 24, 2018 / www.kitco.com

BERLIN (Reuters) - Germany supports the European Commission’s demand that Italy improve its budget draft, German government spokesman Steffen Seibert said on Wednesday.The European Commission had rejected Italy’s draft 2019 budget on Tuesday, saying it brazenly broke EU rules on public spending, and asked Rome to submit a new one within three weeks or face disciplinary action.“Th...Read More

Bearish Analysts Blast JetBlue Stock

October 24, 2018 / www.schaeffersresearch.com

JBLU has wildly underperformed in 2018JetBlue Airways Corporation (NASDAQ:JBLU) is 2% lower in electronic trading, after the stock received two price-target cuts overnight. The bear notes come roughly 24 hours after the company reported a drop in third-quarter profit -- though the results still beat the consensus estimate -- with Stifel and Imperial Capital lowering their respective price targets...Read More

Australia's Newcrest mining Q1 gold output rises 5%

October 24, 2018 / www.mining.com

Newcrest Mining Ltd, Australia's largest independent gold miner, said on Wednesday that gold production rose 5 percent in the first quarter from the year-ago period, led by a sharp increase at its flagship Cadia mine.Production rose to 548,351 ounces for the quarter ended Sept. 30 from 522,917 ounces a year ago. This was less than the UBS forecast of 619,000 ounces, and below the 634,950 ounces in...Read More

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