Global demand for gold is increasing while new discoveries of gold remain small Gold mining output in Australia is forecast to decrease by 50% in the next eight years Decline in global gold mining supply makes a price increase almost certainGold nugget (placer gold) from Colorado, USA. Source: Commons.wikimedia.orgby Lawrence Thomas, Gold TelegraphThe demand for gold is increasing, yet new di...Read More
Do prices create (market) "sentiment"? Or, does this sentiment generate prices? Investors will line up on both sides of that causal debate. For those investors who think that prices create sentiment, they might be especially interested in activity on the Stockhouse Bullboards over the past week.Th...Read full newsRead More
Free Zinc Call Today – BUY Zinc at CMP 208.50 for Target 209.50 – 210.20 with SL below price 207.40AFTER POST CONTENT Read More
Barrick Gold has agreed to increase its stake in Midas Gold to 20 percent and join forces to develop the Stibnite Gold project in Idaho.Read full newsRead More
U.S. dollar strength has been prevalent throughout this year. Its effect has resulted in strong headwinds for the precious metals complex. Dollar strength has been the most significant force involved with limiting any real upside movement. On February 16, the dollar index traded to the lowest price point this year when it reached 88.15. From February up until this week, the dollar has gained almos...Read More
(Reuters) - Silver Lake is buying Zoopla and PrimeLocation owner ZPG for 2.2 billion pounds ($3 billion), landing the Daily Mail publishing group a 642 million pound windfall for cashing out ofonline property portals.Along with rival and market leader Rightmove, ZPG dominates online searches by people looking to buy or rent homes in Britain. Zoopla's sites carry property listings for nearly 15,000...Read More
(Reuters) - Silver Lake is buying Zoopla and PrimeLocation owner ZPG for 2.2 billion pounds, landing the Daily Mail publishing group a 642 million pound windfall for cashing out ofonline property portals.Along with rival and market leader Rightmove, ZPG dominates online searches by people looking to buy or rent homes in Britain. Zoopla's sites carry property listings for nearly 15,000 estate agent...Read More
The government of the Canadian province of British Columbia and the Nisga'a Nation signed an agreement today that ensures that the latter receives a share of the mineral tax revenue collected from the Brucejack Gold Mine.The project, owned and operated by Pretium Resources (NYSE:PVG), is an underground mine that has been operational since April 2017. It is located 65 kilometres north of the town o...Read More
The government of the Canadian province of British Columbia and the Nisga'a Nation signed an agreement today that ensures that the latter receives a share of the mineral tax revenue collected from the Brucejack Gold Mine.The project, owned and operated by Pretium Resources (NYSE:PVG), is an underground mine that has been operational since April 2017. It is located 65 kilometres north of the town o...Read More
Votorantim SA, one of Brazil's biggest diversified industrial groups, on Friday reported net income of 150 million reais ($42 million) in the first quarter, compared with a loss of 546 million reais a year ago, due in part to higher metal prices.In a statement, Votorantim said profit was also boosted by sales growth in its aluminum and cement businesses, as well as higher net income from wood pulp...Read More
Votorantim SA, one of Brazil's biggest diversified industrial groups, on Friday reported net income of 150 million reais ($42 million) in the first quarter, compared with a loss of 546 million reais a year ago, due in part to higher metal prices.In a statement, Votorantim said profit was also boosted by sales growth in its aluminum and cement businesses, as well as higher net income from wood pulp...Read More
The NuevaUnion gold and copper project in northern Chile plans to deliver its environmental impact statement by the end of 2018 after completing feasibility studies earlier this year, a source at the mine said on Friday.The project joins two mines - one belonging to Goldcorp and the other to Teck Resources - into one. The company said preliminary investment could reach $3.5 billion."The plan is to...Read More
The NuevaUnion gold and copper project in northern Chile plans to deliver its environmental impact statement by the end of 2018 after completing feasibility studies earlier this year, a source at the mine said on Friday.The project joins two mines - one belonging to Goldcorp and the other to Teck Resources - into one. The company said preliminary investment could reach $3.5 billion."The plan is to...Read More
(Kitco News)- There is a severe mismatch between the long-term problemsour society faces and the short-sightedness of our policymakers, according toNew York Times best-selling author, Dambisa Moyo.The celebrated economist, who serves on the boards ofBarclays Bank and Chevron, argued that liberal democratic government systemshave not been conducive to solving the world’s most pressing socio-e...Read More
(Kitco News) - There is a severe mismatch between the long-term problems our society faces and the short-sightedness of our policymakers, according to New York Times best-selling author, Dambisa Moyo.The celebrated economist, who serves on the boards of Barclays Bank and Chevron, argued that liberal democratic government systems have not been conducive to solving the world’s most pressing so...Read More
The blue-chip index grabbed a seventh straight positive finishThe Dow capped off a strong week by closing higher for a seventh consecutive session, securing its longest winning streak in six months. Healthcare stocks were in focus most of the day, as President Donald Trump outlined a plan he promised would "lower prices at the pharmacy counter." The S&P 500 also rose today, though a cooling tech s...Read More
Aluminium Target Level Today – Aluminium Mcx Sell call 85e given at price 155 Achieved 1st Target 154.10 & 2nd Target 153.60. CMP 153.50. Total Profit of 1.4 x 2 lot = 2.8 PointsTIPS ID 85e : Aluminium Tips - SELL Aluminium at CMP 155 for Target 154.10 - 153.60 with SL Above price 156 . Trade with 2 lotsAFTER POST CONTENT Read More
SAN FRANCISCO (Reuters) - Apple is on the verge of becoming the first $1 trillion publicly listed U.S. company, but even if it gets there, it could soon be overtaken as Amazon.com surges from behind.Started in the garage of co-founder Steve Jobs in 1976, the iPhone maker's annual revenue has ballooned to $229 billion, greater than the gross domestic product of countries including Portugal and New...Read More
BERLIN/PARIS (Reuters) - Europe’s largest economies lobbied to protect their companies’ investments in Iran on Friday, seeking to keep the nuclear deal with Tehran alive after Washington pulled out and threatened to impose sanctions on European companies.Germany and France have significant trade links with Iran and remain committed to the nuclear agreement, as does Britain, and the thr...Read More
(Kitco News)- Althoughzinc prices have dropped from their recent five-year highs, the market dynamicsare not expected to shift anytime soon and with little new production on thehorizon, the focus is returning to Ireland, a leading jurisdiction in thebase-metals space.Despitebeing one of the top mining jurisdictions in the world, Ireland has not been amajor focal point in the mining sector, until n...Read More