April 16, 2018 (Investorideas.com Newswire) The common shares of Sixty North Gold Mining Ltd. have been approved for listing on the CSE. Listing and disclosure documents will be available at www.thecse.com on the trading date.The Issuer is engaged in the acquisition and exploration of mineral properties.The Issuer's principal exploration target is the exploration of gold in the Northwest Territori...Read More
Turkish steel producers continued their deep-sea scrap purchases for May on Monday April 16 but the prices have gone down slightly following the latest bookings, Metal Bulletin has heard.A steel mill in the Iskenderun region booked a European cargo, comprising 12,000 tonnes of HMS 1&2 (75:25) at $342 per tonne and 12,000 tonnes of bonus at $362 per tonne cfr, late on April 13.Another steel mill in...Read More
A few years ago, a cop came to my home and asked whether I would like to get my passport on time. I said, "Yes", and slammed the door, smiling. I didn't know he wanted a bribe.For much of my life, I didn't know people don't always mean what they say. A normal child knows this at the age of 4, but I was 26 when I came to terms with this. I take words literally, and this was at the root of most prob...Read More
Vancouver, British Columbia - April 16, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Arctic Star Exploration Corp. (TSXV: ADD) (OTCQB: ASDZF) (FSE: 82A1) ("Arctic Star" or the "Company") is pleased to announce that it has received diamond results from caustic fusion analyses on the recent kimberlite discoveries within the 100% owned Timantti Diamond Project in Finland (the "Project"), namely...Read More
Turkish domestic ship scrap prices have slightly increased with the latest uptick in imported scrap costs, while auto bundle scrap prices have remained comparatively steady over the past week, sources said on Monday April 16.Metal Bulletin's weekly price assessment for melting scrap from shipbreaking in the Turkish domestic market was $341-352 per tonne delivered, widening upward from last week's...Read More
April 16, 2018 (Investorideas.com Newswire) Craig Stanley, an analyst at Eight Capital, reported this company's production figures and discussed the potential for expansion at its Mali mine.Following B2Gold Corp.'s (BTG:NYSE; BTO:TSX; B2G:NSX) Q1/18 production beat, Eight Capital increased its target price on the Buy-rated company to CA$5.40 from CA$4.75 per share, as reported in an April 11, 2018...Read More
April 16, 2018 (Investorideas.com Newswire) Michael Curran, an analyst with Beacon Securities Ltd., provided the investment thesis for this recent spinout company.An April 10 research note indicated that Beacon Securities Ltd. initiated coverage on Allegiant Gold Ltd. (AUAU:TSX.V; AUXXF:OTCQX) with a Speculative Buy rating and a CA$0.90 per share price target. The stock is currently trading at aro...Read More
CloseGain/LossGold $1346.00+$1.60Silver$16.67+$0.03XAU83.98-0.12%HUI182.48-0.52%GDM637.55-0.20%JSE Gold1097.04-17.23USD89.46-0.30Euro123.78+0.38Yen93.29+0.19Oil$66.22-$1.1710-Year2.832%+0.010T-Bond145.53125+0.125Dow24573.04+0.87%Nasdaq7156.28+0.70%S&P2677.84+0.81% The Metals: Gold chopped between $1348.60 and $1341.20 in Asia before it climbed up to $1350.50 in midmorning...Read More
Comex copper prices recovered further in the US morning on Monday April 16 amid a brief pause in geopolitical tensions. Copper for May settlement on the Comex division of the New York Mercantile Exchange gained 3.60 cents or 1.2% to $3.1070 per lb. "We expect volatility to remain high this week as the geopolitical situation with Russia remains...Read More
"Soon something's going to happen that will make everyone happy again and the market will go up one more time, and that will probably be the last hoorah. Next year will be not a lot of fun."Jim Rogers co-founded the Quantum Fund with George Soros in 1973, helping to steer the fund to a 4200% return before "retiring" at age 37. He is considered to be one of the greatest investors of all time. Roger...Read More
By Ira EpsteinGold up but momentum lacking.https://www.iraepstein.com/ Read More
Base metals traded on the London Metal Exchange experienced slight upward pressure this morning, Monday April 16, with the complex posting an average gain of 0.5% amid decent trading volumes. Aluminium (+0.8%) and zinc (+0.8%) are leading the pack higher, while copper (-0.1%) is the only LME base metal to trade in negative territory.The slight upward pressure across the industrial metals coincides...Read More
Gerald is outraged. Why are we attacking Syria? Why was it done on Friday, other than to avoid a hit to the markets. And it seems to have worked. But are conventional weapons really more humane than chemical weapons? Gerald thinks not. It's amazing that we're in this situation. Gerald doesn't believe we're heading for a crash, at least not now. But the underlying economy is not so swell. It's weak...Read More
COLORADO SPRINGS, CO, April 16, 2018 (GLOBE NEWSWIRE) -- Gold Resource Corporation (NYSE American: GORO) (the "Company") reports preliminary production results for the first quarter ended March 31, 2018 of approximately 6,647 ounces of gold, 425,884 ounces of silver and significant base metals. Gold Resource Corporation is a gold and silver producer, developer and explorer with operations in...Read More
By Ronan Manlyhttps://www.bullionstar.com/On 29 January 2018, the Commodity Futures Trading Commission (CFTC) Division of Enforcement together with the Criminal Division of the US Department of Justice and the FBI announced criminal and civil enforcement actions against 3 global investment banks and 5 traders for involvement in trade spoofing in precious metals futures contracts on the US-based...Read More
Rob Kirby is a financial commentator and former broker who worked on an institutional trading desk for most of the 1980s and right up until 1996. He also worked for 11 years at Prebon Yamane, an international inter-dealer broker of foreign exchange and interest rate products. He spent an additional year at another money/bond broker called Freedom Bond Brokers, then spent two years at Garban Inc.,...Read More
By Jordan Roy-Byrne CMT, MFT A few weeks ago we wrote that it may not be Gold's time yet but a few recent developments suggest its time could be sooner than we anticipated. Although Gold failed to breakout last week, we should note the positive action in the miners. Over the past seven trading days the miners have strongly outperformed Gold. That includes the juniors, which appear very close to...Read More
Many months ago we made an interesting call in Palladium and alerted to this setup on January 24th, 2018. This nearly perfect call included our future price expectations using our advanced ADL price modeling system. Today, we are refreshing that call with a new market call to inform you that our price prediction has played out perfectly and it has completed its pullback. Last January,...Read More
CloseGain/LossGold $1346.00+$1.60Silver$16.67+$0.03XAU83.98-0.12%HUI182.48-0.52%GDM637.55-0.20%JSE Gold1097.04-17.23USD89.46-0.30Euro123.78+0.38Yen93.29+0.19Oil$66.22-$1.1710-Year2.832%+0.010T-Bond145.53125+0.125Dow24573.04+0.87%Nasdaq7156.28+0.70%S&P2677.84+0.81% The Metals: Gold chopped between $1348.60 and $1341.20 in Asia before it climbed up to $1350.50 in midmorning...Read More
The domestic market for hot-rolled (HR) and cold-rolled (CR) steel sheet in the central region of Russia, around Moscow, was quiet during the week ended Monday April 16.Traders with sufficient stocks were able to wait for announcements of prices for May-rolled products, Metal Bulletin was told.Metal Bulletin's weekly assessment of the price for Russia-origin 4mm HR sheet was unchanged on April 16...Read More