David Ljunggren, Anthony EspositoWASHINGTON (Reuters) - U.S. House Speaker Paul Ryan has set a May 17 deadline to be notified of a new NAFTA trade deal to give the current Congress a chance of passing it, while Mexico’s top trade official on Thursday said time was running short to meet such a deadline.Ryan, who controls legislation in the House of Representatives, set his deadline in remarks...Read More
Mr. Anthony Makuch reportsKIRKLAND LAKE GOLD ENTERS INTO AGREEMENT TO ACQUIRE SHARES OF NOVO RESOURCES CORP.Kirkland Lake Gold Ltd.has entered into a share purchase agreement with Artemis Resources Ltd. to acquire four million common shares of Novo Resources Corp. at a price of $5 per share for a total purchase price of $20-million. The Acquisition is scheduled to close on or before May 31, 2018.C...Read More
Mr. Anthony Makuch reportsKIRKLAND LAKE GOLD ENTERS INTO AGREEMENT TO ACQUIRE SHARES OF NOVO RESOURCES CORP.Kirkland Lake Gold Ltd.has entered into a share purchase agreement with Artemis Resources Ltd. to acquire four million common shares of Novo Resources Corp. at a price of $5 per share for a total purchase price of $20-million. The Acquisition is scheduled to close on or before May 31, 2018.C...Read More
CloseGain/LossGold $1320.60+$8.80Silver$16.72+$0.23XAU83.81+1.74%HUI182.34+1.15%GDM640.58+1.23%JSE Gold1059.60-30.74USD92.66-0.46Euro119.25+0.74Yen91.34+0.13Oil$71.36+$0.2210-Year2.967%-0.038T-Bond143.1875+0.53125Dow24739.53+0.80%Nasdaq7404.97+0.89%S&P2723.07+0.94% The Metals: Gold climbed $10.90 to $1322.70 by midmorning In New York before it pared back heading into midday, but it then ra...Read More
by Claudia Carpenter, BloombergIran's gold demand will probably be "strong" for the next few months and then gradually decline as U.S. sanctions start to take effect, according to the researcher who covers the country for Metals Focus Ltd.After a previous set of sanctions was imposed on Iran in 2012, it took two years for the country's gold demand to start falling, according to data from the Wor...Read More
Other than crude oil, none of the financial markets have reacted to Iran's nuclear deal cancellation news. The Bank of England (BOE) meeting today can provide the impetus for a trend change in currency markets as well as precious metals. Sterling can rise just before the BOE meeting or just after the BOE meeting. However if sterling falls after the BOE meeting gold will also crash. Right now g...Read More
by Claudia Carpenter, BloombergIran's gold demand will probably be "strong" for the next few months and then gradually decline as U.S. sanctions start to take effect, according to the researcher who covers the country for Metals Focus Ltd.After a previous set of sanctions was imposed on Iran in 2012, it took two years for the country's gold demand to start falling, according to data from the Wor...Read More
Other than crude oil, none of the financial markets have reacted to Iran's nuclear deal cancellation news. The Bank of England (BOE) meeting today can provide the impetus for a trend change in currency markets as well as precious metals. Sterling can rise just before the BOE meeting or just after the BOE meeting. However if sterling falls after the BOE meeting gold will also crash. Right now g...Read More
May 10 (Reuters) - Wheaton Precious Metals Corp:* WHEATON PRECIOUS METALS ANNOUNCES FIRST QUARTER RESULTS FOR 2018 AND DECLARES SECOND QUARTERLY DIVIDEND OF 2018* QTRLY EARNINGS PER SHARE $0.15* REVENUE WAS $199.2 MILLION IN Q1 OF 2018 VERSUS $197.9 MILLION* WHEATON PRECIOUS METALS- WHEATON’S ESTIMATED ATTRIBUTABLE SILVER AND GOLD PRODUCTION IN 2018 FORECAST TO BE ABOUT 22.5 MILLION SILVER O...Read More
(Kitco News) -With bitcoin stuck below $10,000 this year after losing half of its value in just a few months, one research firm still sees massive upside potential for the popular digital currency.The estimate for next year is an impressive trading range between $20,000-$64,000 per bitcoin, with the year-end BTC price at $36,000, investment research firm Fundstrat Global Advisors said in a report...Read More
May 10 (Reuters) - First Majestic Silver Corp:* FIRST MAJESTIC ANNOUNCES NEW STREAM AGREEMENT AT SAN DIMAS MINE AND NEW CREDIT FACILITY* FIRST MAJESTIC SILVER CORP - TERMINATED PRE-EXISTING SILVER PURCHASE AGREEMENT WITH WHEATON PRECIOUS METALS CORP* FIRST MAJESTIC SILVER CORP - ENTERED INTO NEW PRECIOUS METAL PURCHASE AGREEMENT WITH WPMI AND FM METAL TRADING (BARBADOS) INC Source text for Eikon:...Read More
Zinc Target Today – ZInc BUY Call 851 given at price 207.85 Achieved 1st Target 209. CMP 209.10. Total profit of 1.25 x 2 lot = 2.50 PointsTIPS ID 851 : Free Zinc Call - RISK taker Only - BUY Zinc at CMP 207.85 for Target 209. - 210 - 212 with SL below price 206.40AFTER POST CONTENT Read More
Yellow metal supported by US dollar correction. Gold heads for highest daily close since late April. Gold is consolidating gains but so far it was unable to make a sustainable run above $1,320/oz. The yellow metal extended gains earlier today following US CPI data. The weaker than expected inflation reading pushed the US dollar to the downside. The US Dollar Index is having the worst day in a mo...Read More
A solid upside spike characterizes pricing in the precious metals complex as a whole today. Gold futures gained $8.50 (+0.65%) and as of 3:45 PM Eastern standard time is fixed at $1,321.50.The majority of today’s gains are directly attributable to a weakening U.S. dollar. The dollar index is currently down 38 points and fixed at 92.50. As dollar weakness relates to gold pricing, it accounts...Read More
A solid upside spike characterizes pricing in the precious metals complex as a whole today. Gold futures gained $8.50 (+0.65%) and as of 3:45 PM Eastern standard time is fixed at $1,321.50.The majority of today’s gains are directly attributable to a weakening U.S. dollar. The dollar index is currently down 38 points and fixed at 92.50. As dollar weakness relates to gold pricing, it accounts...Read More
Lead Mcx – Lead BUY Call 849 given at price 155 Achieved 1st Target 155.80 & 2nd Target 156.30 (CMP 156.85) Total profit of 1.3 x 2 lot = 2.6 PointsTIPS ID 849 : BUY 2 lot Lead at CMP 155 for Target 155.80 - 156.30 with SL 154.0AFTER POST CONTENT Read More
Aluminium Trading Tips – Our Aluminium BUY Call 84e given at price 156.90 Achieved 1st Target 158. CMP 158.0 Total profit of 1.10 Point x 2 lot = 2.20 PointsTIPS ID 84e : Mcx Aluminium - High Risk Call : BUY Aluminium at CMP 156.90 for Target 158 - 158.80 with SL below price 155.50AFTER POST CONTENT Read More
Junior explorer Megastar Development (TSXV: MDV) announced today that it has signed a Definitive Option Agreement with Paradex, a private American mining exploration company, and Minera Zalamera, a private Mexican mining exploration company, to acquire 100% interest in the mineral concessions known as the Rama de Oro project located in the state of Oaxaca, southern Mexico.In a press release, Megas...Read More
Junior explorer Megastar Development (TSXV: MDV) announced today that it has signed a Definitive Option Agreement with Paradex, a private American mining exploration company, and Minera Zalamera, a private Mexican mining exploration company, to acquire 100% interest in the mineral concessions known as the Rama de Oro project located in the state of Oaxaca, southern Mexico.In a press release, Megas...Read More
Junior explorer Megastar Development (TSXV: MDV) announced today that it has signed a Definitive Option Agreement with Paradex, a private American mining exploration company, and Minera Zalamera, a private Mexican mining exploration company, to acquire 100% interest in the mineral concessions known as the Rama de Oro project located in the state of Oaxaca, southern Mexico.In a press release, Megas...Read More