Recent News

Trump Says Infrastructure Plan Will Likely Have To Wait Until 2018 Elections

March 29, 2018 / www.kitco.com

RICHFIELD, Ohio (Reuters) - U.S. President Donald Trump said on Thursday his infrastructure plan will likely have to wait until after the November congressional elections.“You’ll probably have to wait until after the election, which isn’t so long down the road,” Trump said in a speech.Reporting by Steve Holland; Writing by Eric Beech; Editing by James Dalgleish Disclaimer:...Read More

Gold particles make the invisible visible

March 29, 2018 / www.mining.com

To understand how enzymes work,scientists need to make molecules involved in enzymatic activities visible through techniques such as fluorescence microscopy.However, many times molecules cannot be detected because they don't emit light. Gold can be the solution to such problem. A researcher with the Leiden Institute of Physics decided to tackle the issue by attaching single molecules to gold nanor...Read More

Gold particles make the invisible visible

March 29, 2018 / www.mining.com

To understand how enzymes work,scientists need to make molecules involved in enzymatic activities visible through techniques such as fluorescence microscopy.However, many times molecules cannot be detected because they don't emit light. Gold can be the solution to such problem. A researcher with the Leiden Institute of Physics decided to tackle the issue by attaching single molecules to gold nanor...Read More

NY Fed-FX swaps with foreign central banks total $79 million in latest week

March 29, 2018 / www.kitco.com

NEW YORK, March 29 (Reuters) - The Federal Reserve provided $79 million of liquidity to foreign central banks in the latest week via its swap lines for foreign central banks, the New York Fed said on Thursday.The European Central Bank swapped $79 million with a term of 7 days and a rate of 2.21 percent.The Federal Reserve has established swap arrangements with the Bank of Canada, the Bank of Engla...Read More

Trade wars, metals, and you

March 29, 2018 / www.mining.com

Maurice Jackson:Welcome to "Proven & Probable", where we focus on metals, mining and more. I'm your host, Maurice Jackson. Joining us for a conversation is Mickey Fulp, the Mercenary Geologist, to discuss trade wars and how you may benefit. Mr. Fulp, welcome to the show, sir.Mickey Fulp: Thanks a lot, Maurice. Always my pleasure to be here.Maurice Jackson.: Always a pleasure to have you on...Read More

Trade wars, metals, and you

March 29, 2018 / www.mining.com

Maurice Jackson:Welcome to "Proven & Probable", where we focus on metals, mining and more. I'm your host, Maurice Jackson. Joining us for a conversation is Mickey Fulp, the Mercenary Geologist, to discuss trade wars and how you may benefit. Mr. Fulp, welcome to the show, sir.Mickey Fulp: Thanks a lot, Maurice. Always my pleasure to be here.Maurice Jackson.: Always a pleasure to have you on...Read More

Niobay Metals announces closing of private placement with Osisko Gold Royalties

March 29, 2018 / www.mining.com

MONTREAL, March 28, 2018 (GLOBE NEWSWIRE) - Niobay Metals Inc. ("Niobay" or the "Company") (TSX-V:NBY) is pleased to report that it has closed its previously announced non-brokered private placement with Osisko Gold Royalties Ltd ("Osisko") (TSX:OR) (NYSE:OR) raising $2,340,000 (the "Financing").Osisko purchased 9.0 million common shares of the Company (the "Shares") at a price of $0.26 per share...Read More

FOREX-Dollar flat as rally fizzles ahead of Easter weekend

March 29, 2018 / www.kitco.com

* Fifth straight quarterly decline of dollar index* Euro steady after strong German jobs data (Updates market action)By Saqib Iqbal AhmedNEW YORK, March 29 (Reuters) - The dollar was little changedagainst a basket of currencies on Thursday, as its rebound froma five-week low, touched earlier this week, ran out of steamamid subdued trading activity ahead of the long Easter weekendin many of the wor...Read More

Atlanta Fed Raises U.S. First-Quarter GDP Growth View To 2.4 Percent

March 29, 2018 / www.kitco.com

NEW YORK (Reuters) - The U.S. economy is on track to expand at a 2.4 percent annualized rate in the first quarter following the latest data on advanced trade data and personal spending, the Atlanta Federal Reserve’s GDPNow forecast model showed on Thursday.The latest estimate on gross domestic product was faster than the 1.8 percent growth pace calculated on March 23, the Atlanta Fed said.Re...Read More

Eldorado Gold updated Greek mine plan reduces 'footprint'

March 29, 2018 / www.mining.com

TORONTO, March 29 (Reuters) - Canada's Eldorado Gold Corp filed a new technical report for its contentious Skouries gold mine project in Greece on Thursday, which said it "significantly" reduces the development's environmental footprint.The miner, which also filed updated reports for projects in Turkey and Canada, took a tough stand with Greece in November, freezing investment and suspending opera...Read More

North, South Korea Fix April Date For First Summit In Years

March 29, 2018 / www.kitco.com

Christine KimSEOUL (Reuters) - North and South Korea will hold their first summit in more than a decade on April 27, South Korean officials said on Thursday, after North Korean leader Kim Jong Un pledged his commitment to denuclearization as tensions ease between the old foes.South Korean officials, who announced the date after high-level talks with North Korean counterparts, said the agenda would...Read More

Eldorado Gold updated Greek mine plan reduces 'footprint'

March 29, 2018 / www.mining.com

TORONTO, March 29 (Reuters) - Canada's Eldorado Gold Corp filed a new technical report for its contentious Skouries gold mine project in Greece on Thursday, which said it "significantly" reduces the development's environmental footprint.The miner, which also filed updated reports for projects in Turkey and Canada, took a tough stand with Greece in November, freezing investment and suspending opera...Read More

Unloved gold juniors ripe for the picking

March 29, 2018 / www.mining.com

As a general rule, the most successful man in life is the man who has the best informationA frequently trotted-out rule in investing is when there is blood in the streets, it's time to take a stock position. When it comes to senior, mid-tier and junior gold stocks, the blood is definitely flowing, despite gold rising 4% year-on-year and 12.5% throughout 2017.The reason for gold stocks' current fai...Read More

Chesnara PLC keeping its head down and doing more of the same after 'excellent' year

March 29, 2018 / www.proactiveinvestors.co.uk

John Deane, chief executive of Chesnara Plc (LON:CSN), discusses with Proactive's Andrew Scott the life and pensions company's 2017 results.Full year profits more than doubled on the back of its acquisition of Legal and General's Dutch insurance unit.Deane says: ''We're really pleased with those numbers but it's not the key metric we look at''.''We look at economic value which represents the value...Read More

Polarean Imaging PLC begins first day of trading on AIM

March 29, 2018 / www.proactiveinvestors.co.uk

Polarean Imaging PLC (LON:POLX) chief executive Richard Hullihen dropped into the Proactive studio as the medtech firm kicked off its first day of trading on AIM.The company raised gross proceeds of ?3mln via the placing of 20mln ordinary shares at a price of 15p - representing 27.3% of the company's share capital.Hullihen says the point of coming to the market was specifically to raise the cash...Read More

U.N. Chief Warns Another Cold War Developing Between Russia, U.S.

March 29, 2018 / www.kitco.com

Michelle NicholsUNITED NATIONS (Reuters) - United Nations chief Antonio Guterres warned on Thursday that Russian and U.S. relations were deteriorating into a situation “similar, to a large extent, to what we lived during the Cold War” and called for safeguards to be put in place.Just days after the United States announced it would expel 12 Russian U.N. diplomats over a nerve agent atta...Read More

Gold ends lower for the week, but scores third quarterly gain in a row

March 29, 2018 / www.marketwatch.com

Gold futures settled lower on Thursday, posting a decline for the week, as concerns over a potential global trade war continued to ease and benchmark U.S. stock indexes strengthened, dulling haven-related demand for the precious metal. Gold marked a third-straight quarterly gain, but it was the smallest quarterly rise in seven years. Gold has been up year to date, but...not an impressive gain give...Read More

Building the world's largest solar project

March 29, 2018 / www.mining.com

Saudi Arabia wants to pour $200 billion into solar to build the world's largest solar project.The Saudi sovereign wealth fund and SoftBank Group Corp. of Japan jointly announced plans to build a solar project that is staggering in size - 200 gigawatts (GW) by 2030. That would be about 100 times larger than some of the largest projects in the world right now. "It's by far the biggest solar project...Read More

Gold ends lower for the week, but scores third quarterly gain in a row

March 29, 2018 / www.marketwatch.com

Gold futures settled lower on Thursday, posting a decline for the week, as concerns over a potential global trade war continued to ease and benchmark U.S. stock indexes strengthened, dulling haven-related demand for the precious metal. Gold marked a third-straight quarterly gain, but it was the smallest quarterly rise in seven years. Gold has been up year to date, but...not an impressive gain give...Read More

Trump Says May Hold Up South Korea Trade Deal Until After Deal With North Korea

March 29, 2018 / www.kitco.com

RICHFIELD, Ohio (Reuters) - President Donald Trump said on Thursday he may hold up a trade agreement reached this week with South Korea until after a deal is reached with North Korea on denuclearization.“I may hold it up until after a deal is made with North Korea,” Trump said in a speech. “It’s a very strong card,” he added.Reporting by Steve Holland; writing by Eric...Read More

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