Gold bounced on Friday, which was expected, and today it has given back all of Friday's gains. This action is no surprise as gold hovers near the recent lows. The $1,310 price is the key level as to whether gold is going to break down or find support. After breaking out a couple of weeks ago, silver finds itself in a similar situation to gold although a little stronger. Silver has violated support...Read More
A diamond mine in Botswana, owned by now extinct Australian miner Kimberley Diamonds, is going up for sale at an online auction to be held Monday, as its liquidators failed to secure viable offers.The Lerala Mine was opened in 2008 and had to be shut twice due to weak sales, until it finally was placed under judicial management in May last year, leaving 130 people out of work and millions in unpa...Read More
A diamond mine in Botswana, owned by now extinct Australian miner Kimberley Diamonds, is going up for sale at an online auction to be held Monday, as its liquidators failed to secure viable offers.The Lerala Mine was opened in 2008 and had to be shut twice due to weak sales, until it finally was placed under judicial management in May last year, leaving 130 people out of work and millions in unpa...Read More
Stocks Analysis by Mark Lundeen covering: XAU/USD, Dow Jones Industrial Average, Newmont Mining Corporation, Gold Futures. Read Mark Lundeen's latest article on Investing.comRead full newsRead More
That the world's largest mortgage bankers- Fannie Mae and Freddie Mac, which at the time were responsible for nearly 50% of all the mortgages in America-would soon go bankrupt.No one believed Porter Stansberry nine years ago.As head of one of America's largest independent financial research firms, Mr. Stansberry's work back in 2008 led him to a bold, but worrisome, conclusion:That the world's larg...Read More
There are several "conventional" methods of trading earnings that most option traders are taught... Sponsored by TheoTradeFour times a year, publicly-listed companies are required to step up to the earnings confessional to announce revenue and earnings per share results for the prior quarter and future projections for growth going forward. These are conducted through prepared press releases and co...Read More
Commodities Analysis by Steve St. Angelo covering: XAU/USD, Gold Futures. Read Steve St. Angelo's latest article on Investing.comRead full newsRead More
Vancouver, BC - Graphite One Resources Inc. (TSX-V:GPH | OTCQX:GPHOF) ("Graphite One" or the "Company"), announced today that the process of converting the 24 unpatented federal mining claims leased from Kougarok LLC to State of Alaska mining claims is now complete. All resources identified to date within the Company's Graphite Creek flake graphite deposit are now held by the Company by sta...Read More
Barrick Gold (TSX, NYSE:ABX) and NovaGold Resources' (TSX, NYSE-MKT: NG) proposed gold mine in Alaska has received a long-waited final environmental clearance, granted by the U.S. Army Corps of Engineers, the Canadian miners said Monday.The Dolin project, one of the world's largest, highest grade, known gold deposits, is expected to require a $6.7 billion investment from the two owners, which ar...Read More
Barrick Gold (TSX, NYSE:ABX) and NovaGold Resources' (TSX, NYSE-MKT: NG) proposed gold mine in Alaska has received a long-waited final environmental clearance, granted by the U.S. Army Corps of Engineers, the Canadian miners said Monday.The Dolin project, one of the world's largest, highest grade, known gold deposits, is expected to require a $6.7 billion investment from the two owners, which ar...Read More
His water-driven Sluice Goose machine separates gold particles with what he claims is 100% accuracyRead full newsRead More
The U.S. Army Corps of Engineers issued its long-anticipated approval Friday, April 27, on the Final Environmental Impact Statement for the big Donlin Gold Mining Project near the Kuskokwim River.Read full newsRead More
Stocks Analysis by Mark Lundeen covering: XAU/USD, Dow Jones Industrial Average, Newmont Mining Corporation, Gold Futures. Read Mark Lundeen's latest article on Investing.comRead full newsRead More
Gold mining earnings for Q1 remained moderate yet ETFs managed to stay in the green.Read full newsRead More
Commodities Analysis by Steve St. Angelo covering: XAU/USD, Gold Futures. Read Steve St. Angelo's latest article on Investing.comRead full newsRead More
Glencore Plc dropped the most among the U.K.'s biggest stocks as the company clashed with a former partner over royalties at key copper and cobalt mines in the Democratic Republic of Congo.The shares fell as much as 3.9 percent after the company said late Friday that a Congolese court authorized bailiffs to freeze certain Glencore assets after Israeli billionaire Dan Gertler served orders on local...Read More
Commodities Analysis by Steve St. Angelo covering: XAU/USD, Gold Futures. Read Steve St. Angelo's latest article on Investing.comRead full newsRead More
US Treasury yields skewered Gold prices recently, and the precious metal is struggling to recover. Inflation concerns have continued to pick up in the US, and soon rising interest rates will begin taking chunks out of Gold bulls' efforts. Gold is trading into the new week on a low note, testing back into 1,321.00 in early Monday action. The precious metal rebounded on Friday after falling st...Read More
Shares in Australia's Galaxy Resources (ASX:GXY) jumped Monday after it confirmed it had hired JPMorgan to evaluate "strategic options" for its Argentina-based Sal de Vida lithium and potash project.Move comes at a time when both battery and car companies, especially from China, are moving aggressively to secure steady lithium supply.The announcement followed a report in The Australian newspa...Read More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, there was not a lot of volatility in the Index and it moved in a very tight range. The INK CIN climbed as high as 1287.34 intraday but closed the week at 1283.47 for a 5.6 point gain.RSI added 2.8 points to 59.8 and remains capped sub-60 and in the range where we typically see...Read More