Recent News

A Weak Rally For Gold

March 14, 2018 / www.kitco.com

Yesterday we wrote that gold has had trouble holding a rally and Tuesday proved our point. Although gold rallied about $6, the rally was weak and not convincing. If gold was strong, the rally should have been stronger, but all it really did was hover around the bottom end of the range. With all of the turmoil and the equities experiencing a turnaround Tuesday, I would have expected a better rally...Read More

Suncor output to suffer from early start of Syncrude maintenance

March 14, 2018 / www.mining.com

Suncor Energy (TSX:SU), Canada's largest oil and gas producer by market capitalization, said Wednesday an eight-week maintenance project at its Syncrude facility will begin Thursday almost three weeks ahead than originally planned.The Calgary-based company said advancing the turnaround will allow Syncrude to deal with an unrelated issue, which has been limiting capacity on a line that feeds bitum...Read More

Maple Gold starts drilling at NE syenite target

March 14, 2018 / www.stockwatch.com

Mr. B. Matthew Hornor reportsMAPLE GOLD TARGETS NEW DISCOVERY WITH DIAMOND DRILLING NOW UNDERWAY AT THE NE SYENITE TARGETA drill rig has arrived and is now turning at the northeast syenite target, where Maple Gold Mines Ltd. plans to complete approximately 10 drill holes during the current campaign. The virtually untested northeast syenite target includes the same host rocks as much of the current...Read More

Maple Gold starts drilling at NE syenite target

March 14, 2018 / www.stockwatch.com

Mr. B. Matthew Hornor reportsMAPLE GOLD TARGETS NEW DISCOVERY WITH DIAMOND DRILLING NOW UNDERWAY AT THE NE SYENITE TARGETA drill rig has arrived and is now turning at the northeast syenite target, where Maple Gold Mines Ltd. plans to complete approximately 10 drill holes during the current campaign. The virtually untested northeast syenite target includes the same host rocks as much of the current...Read More

Tech Outperformance Could Be a Bullish Sign for Stocks

March 14, 2018 / www.schaeffersresearch.com

We are 50 days into 2018, and already it has been a turbulent year for stocks. The S&P 500 Index (SPX) was up over 7% within the first month of trading, but quickly reversed and found itself down on the year by nearly 4%. It has bounced back strong in March, sitting at a year-to-date gain of about 4% -- which has been the norm since 2010. Performance-wise, the S&P 500 has been no match for the Nas...Read More

Great Atlantic Purchases Portable Gold Mining Plant

March 14, 2018 / dlvr.it

Great Atlantic Purchases Portable Gold Mining PlantVancouver, British Columbia (FSCwire) - Great Atlantic Resources Corp. (the "Company" or "Great Atlantic") (GR: TSXV) is pleased to announce it has purchased a turnkey portable Gold mining plant from an independent third party for $99,000. Great AtlanticRead full newsRead More

Canada's First Cobalt buys US explorer, creates key supplier outside Congo

March 14, 2018 / www.mining.com

Canada's First Cobalt Corp. (TSX-V:FCC) (ASX:FCC) is strengthening its position in the cobalt market by acquiring explorer US Cobalt and so create a pure-play North American-focused miner of the metal, a key component in computer chips, mobile phones and lithium-ion batteries that power electric vehicles (EVs).The blended company will have projects in Ontario and Idaho which, once in operations, c...Read More

Canada's First Cobalt buys US explorer, creates key supplier outside Congo

March 14, 2018 / www.mining.com

Canada's First Cobalt Corp. (TSX-V:FCC) (ASX:FCC) is strengthening its position in the cobalt market by acquiring explorer US Cobalt and so create a pure-play North American-focused miner of the metal, a key component in computer chips, mobile phones and lithium-ion batteries that power electric vehicles (EVs).The blended company will have projects in Ontario and Idaho which, once in operations, c...Read More

Canada's First Cobalt buys US explorer, creates key supplier outside Congo

March 14, 2018 / www.mining.com

Canada's First Cobalt Corp. (TSX-V:FCC) (ASX:FCC) is strengthening its position in the cobalt market by acquiring explorer US Cobalt and so create a pure-play North American-focused miner of the metal, a key component in computer chips, mobile phones and lithium-ion batteries that power electric vehicles (EVs).The blended company will have projects in Ontario and Idaho which, once in operations, c...Read More

RT @cobalt27capital: Samsung in Talks for Multi-Year Cobalt Deal From Congo

March 14, 2018 / www.bloomberg.com

Samsung C&T Corp., an affiliate of the world's biggest smartphone maker, is in talks for a multi-year deal to buy cobalt from a Congolese miner, joining Apple Inc. in the global rush to secure supplies of the metal at the heart of the electric-car boom.Read full newsRead More

South Carolina Declares Cloud Mining Contracts to Be Securities

March 14, 2018 / dlvr.it

The Attorney General of South Carolina has served a cease and desist order on Genesis Mining. In documents filed before its Securities Commissioner, it has declared cloud mining contracts to be securities, in a move that could have repercussions beyond the confines of the Palmetto State. Also read: 'Cryptomatoes' Using Excess Mining Heat to Grow Produce ...Read full newsRead More

Barrick Gold upgraded, Newmont Mining downgraded at RBC

March 14, 2018 / dlvr.it

Barrick Gold (ABX+2%) jumps after RBC Capital upgrades shares to Outperform from Sector Perform with a $16 price target, arguing ABX's cost guidance and declining production profile already are priced in, and the current valuation puts the stock at an attractive entry point. Meanwhile, RBC downgrades Newmont Mining (NEM-0.1%) to Underperform from Sector Perform and trims its price target to $1...Read More

Buy Barrick Gold, Sell Newmont Mining

March 14, 2018 / dlvr.it

RBC Capital Markets think the two stocks are on different trajectoriesRead full newsRead More

The Mountain West Is Experiencing A Second Gold Rush. This Time They're Mining Bitcoin.

March 14, 2018 / dlvr.it

Thanks to its plentiful land and cheap power, rural Montana, Washington, and Wyoming are now home to a new crop of cryptocurrency prospectors. Their neighbors aren't too happy about it.Read full newsRead More

Dow Jones And The Barron's Gold Mining Index A 98 Year Examination

March 14, 2018 / dlvr.it

Stocks Analysis by Mark Lundeen covering: XAU/USD, Dow Jones Industrial Average, International Business Machines, US Dollar Index Futures. Read Mark Lundeen's latest article on Investing.comRead full newsRead More

Great Atlantic Purchases Portable Gold Mining Plant

March 14, 2018 / dlvr.it

Great Atlantic Purchases Portable Gold Mining PlantVancouver, British Columbia (FSCwire) - Great Atlantic Resources Corp. (the "Company" or "Great Atlantic") (GR: TSXV) is pleased to announce it has purchased a turnkey portable Gold mining plant from an independent third party for $99,000. Great AtlanticRead full newsRead More

Mining for asteroids will be the next gold rush

March 14, 2018 / dlvr.it

Forget cryptocurrency - the next big "gold rush" isn't even on Earth.Read full newsRead More

Dow Dives 171 Points, S&P 500 and Nasdaq Also Finish Lower Amid Tillerson Firing - TheStreet

March 14, 2018 / www.thestreet.com

Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average closed Tuesday more than 1,600 points below its all-time high of 26,616 set on Jan. 26. The Nasdaq on Tuesday snapped a seven-session winning streak.The S&P 500 is now more than 100 points from its all-time high of 2,872 set on Jan. 26. Wall Street Overview Stocks declined on Tuesday, March 13, after...Read More

Can the Fears of a Trade War Push the Price of Gold Up Further?

March 14, 2018 / www.focusontheuser.org

The prices of gold increased as fears over a massive trade war drove the value of the US dollar down and stimulated demand for safe haven assets. The threat to a looming trade war began when President Donald Trump decided to impose taxes on aluminum and steel imports. The taxes on both materials prevented the greenback from enjoying a seven-week high."The risk of trade wars, which could impac...Read More

Global Stocks, Wall Street Steady as Trump Moves on 'America First' Promise - TheStreet

March 14, 2018 / www.thestreet.com

Global stocks were steady Tuesday, with modest gains in Asia and Europe, as investors begin to cost the impact of President Donald Trump's increasingly protectionist stance on business activity in the world's largest economy. Wall Street futures were also largely flat from last night's closing levels, which saw markets slump on the back of steep losses for industrial heavyweights such as Boeing...Read More

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