Recent News

Trump says China wants to make trade deal, U.S. may not impose more tariffs

November 16, 2018 / www.kitco.com

WASHINGTON (Reuters) - U.S. President Donald Trump said on Friday that China wants to make a deal on trade and the United States may not need to impose further tariffs, as the world's two largest economies continue to work on an agreement to eliminate trade tensions.Reporting by Jeff Mason; Writing by Makini Brice; Editing by Chizu Nomiyama Disclaimer: The views expressed in this article are thos...Read More

"It's Not Enough": US Senate Proposes New Bill To Ban Arms Sales To #SaudiArabia | Zero Hedge

November 16, 2018 / www.zerohedge.com

White House sanctions on Saudi individuals "not enough" in response to Khashoggi's death, say Senators.Read full newsRead More

Private equity-firm resumes drilling at high-grade Nevada Gold project

November 16, 2018 / www.mining.com

Terraco Gold Corp. (TEN:TSX.V; TCEGF:OTCPK), a gold royalty company with a portfolio centered on the Spring Valley Gold Project in Nevada, has reported that Waterton Global Resource Management, the project's owner/operator, is drilling on the property. The company first reported the drilling on October 31, and followed up on November 13 with more details.The royalty company noted that Waterton is...Read More

Private equity-firm resumes drilling at high-grade Nevada Gold project

November 16, 2018 / www.mining.com

Terraco Gold Corp. (TEN:TSX.V; TCEGF:OTCPK), a gold royalty company with a portfolio centered on the Spring Valley Gold Project in Nevada, has reported that Waterton Global Resource Management, the project's owner/operator, is drilling on the property. The company first reported the drilling on October 31, and followed up on November 13 with more details.The royalty company noted that Waterton is...Read More

Global Growth Concerns To Drive Gold Prices Near-Term - Analysts

November 16, 2018 / www.kitco.com

(Kitco News)- Optimism in the gold market ispicking up as prices bounced off critical support to end the week in positiveterritory.However, someanalysts are warning investors to not expect too much excitement in thenear-term as markets will see a shortened trading week as American investorscelebrate Thanksgiving. December gold futures lasttraded at $1,223.10 an ounce, up 1% from the previous week....Read More

Global Growth Concerns To Drive Gold Prices Near-Term - Analysts

November 16, 2018 / www.kitco.com

(Kitco News) - Optimism in the gold market is picking up as prices bounced off critical support to end the week in positive territory.However, some analysts are warning investors to not expect too much excitement in the near-term as markets will see a shortened trading week as American investors celebrate Thanksgiving. December gold futures last traded at $1,223.10 an ounce, up 1% from the previou...Read More

Blain: "GE's Credit Meltdown Is Coming At Just The Right Time To Ruin Everyone's Day" | Zero Hedge #ge

November 16, 2018 / www.zerohedge.com

GE is a company facing a classic liquidity squeeze. What is Plan B if asset sails don't work fast enough?Read full newsRead More

Macarthur Minerals Closes Oversubscribed Private Placement @macminltd

November 16, 2018 / bit.ly

Macarthur Minerals Ltd (TSXV:MMS) (the "Company" or "Macarthur Minerals") is pleased to announce it has closed the second and final tranche of the non-brokered private placement (the "Offering") as originally announced on August 16, 2018.Read full newsRead More

Barrick Gold eyes more copper assets in Congo - executive

November 16, 2018 / www.kitco.com

TORONTO/LONDON (Reuters) - Barrick Gold (ABX.TO) is interested in buying more copper mines in the Democratic Republic of Congo (DRC), the incoming COO of Africa and the Middle East region said in an investor presentation in London Friday.“Barrick has one of the best competitive advantages in the DRC, should a world class opportunity present itself in the region,” Willem Jacobs said via...Read More

European shares wobble as Brexit angst lingers

November 16, 2018 / www.kitco.com

LONDON (Reuters) - European shares wobbled and closed just in the red after a choppy session on Friday as traders waited to see if Britain’s Prime Minister Theresa May would face a no-confidence vote over her draft European Union divorce deal.The pan-European stocks index started morning trading on a gentle rebound from losses on Thursday. But it gradually lost steam as speculation mounted a...Read More

Lundin confirms job cuts at Chile's Candelaria copper mine

November 16, 2018 / www.mining.com

Canadian miner Lundin confirmed on Friday it was cutting 106 jobs at its Candelaria copper mine in Chile to "improve competitiveness and productivity", amid reports that workers had begun a 48-hour strike.The job cuts represent less than 2 percent of the operation's workforceIn a statement sent to Reuters, the company said the job cuts represented less than 2 percent of the operation's workforce,...Read More

Lundin confirms job cuts at Chile's Candelaria copper mine

November 16, 2018 / www.mining.com

Canadian miner Lundin confirmed on Friday it was cutting 106 jobs at its Candelaria copper mine in Chile to "improve competitiveness and productivity", amid reports that workers had begun a 48-hour strike.The job cuts represent less than 2 percent of the operation's workforceIn a statement sent to Reuters, the company said the job cuts represented less than 2 percent of the operation's workforce,...Read More

Deer Horn Announces 1st Tranche Closing of Private Placement

November 16, 2018 / bit.ly

Deer Horn Capital (CSE:DHC) (the "Company" or "Deer Horn") announces that it has now completed a 1st tranche closing of its previously announced private placement and has issued a total of 400,000 units for aggregate gross proceeds of $80,000.Read full newsRead More

Tax Loss Selling is About to Begin - Are You Prepared?

November 16, 2018 / www.kitco.com

As you read this, the calendar is halfway into November. For some folks, this means heading south to a warm place like Florida. For some, it means breaking out the winter coats and hats. For top resource investors, it means tax loss selling bargain season. It means Christmas comes early...and the presents can lead to hundreds of thousands - even millions - of dollars in extra profit. At the end...Read More

Tax Loss Selling is About to Begin - Are You Prepared?

November 16, 2018 / www.kitco.com

As you read this, the calendar is halfway into November.For some folks, this means heading south to a warm place like Florida. For some, it means breaking out the winter coats and hats.For top resource investors, it means tax loss selling bargain season.It means Christmas comes early...and the presents can lead to hundreds of thousands - even millions - of dollars in extra profit.At the end of th...Read More

Canada's Trudeau uses Trump card to attack main political rival

November 16, 2018 / www.kitco.com

OTTAWA (Reuters) - Donald Trump is so unpopular in Canada that Prime Minister Justin Trudeau is using the specter of the U.S. president to attack his conservative rival ahead of a national election set for next year.Trudeau, whose ruling Liberals have a 12-seat majority in the 338-seat parliament, calls Conservative Party leader Andrew Scheer a climate change “ideologue” who stokes &ld...Read More

Barrick Gold eyes more copper assets in Congo - executive

November 16, 2018 / www.mining.com

TORONTO/LONDON- Barrick Gold Corp , soon to become the world's largest gold miner, is interested in adding more copper assets as long as the red metal is accompanied by bullion, executives said on Friday.Barrick, which expects to complete its $6.1 billion takeover of Randgold Resources on Jan. 1, outlined broad plans for exploration, expansion, streamlining and asset sales at an investor presentat...Read More

Fed's Evans says U.S. economy strong, should move rates to neutral

November 16, 2018 / www.kitco.com

(Reuters) - Chicago Federal Reserve Bank President Charles Evans on Friday said the U.S. central bank is “in a good place” to continue making adjustments to bring short-term interest rates back up to a neutral setting.With unemployment at 3.7 percent, the U.S. economy projected to grow 3.5 percent this year and a still above-trend 2.5 percent next year, and downside risks to inflation...Read More

May's Brexit deal sparks defiance and divisions in unionist Belfast

November 16, 2018 / www.kitco.com

BELFAST (Reuters) - At Sandy Row Band Supplies in the heart of Belfast’s pro-British unionist community, it is easy to understand the uncompromising resistance of Prime Minister Theresa May’s Northern Irish allies to her Brexit deal.Here locals who express loyalty to London by lining streets with Britain’s Union Jack flags and painting kerbstones red, white and blue can buy the f...Read More

Is Gold Under or Overpriced?

November 16, 2018 / www.fxstreet.com

Have you heard about the Everything Bubble? Some analysts believe that after the dot-com bubble of the 1990s and the housing bubble of the 2000s, we are in the middle of a price bubble in virtually all asset classes simultaneously caused by the Fed's unusually easy monetary policy with ultra low interest rates. Although we agree that the US central bank maintained federal funds rate too low fo...Read More

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