Recent News

Osisko Mining drills 2.4 m of 265 g/t Au at Windfall

March 02, 2018 / www.stockwatch.com

Mr. John Burzynski reports OSISKO INTERSECTS 265 G/T AU OVER 2.4 METRES AT WINDFALL Osisko Mining Inc. has provided new results from the continuing drill program at its 100-per-cent-owned Windfall Lake gold project located in the Abitibi greenstone belt, Urban township, Eeyou Istchee James Bay, Quebec. The 800,000-metre drill program combines definition, expansion and exploration drilling in and a...Read More

Sprott earns $37.5-million in 2017

March 02, 2018 / www.stockwatch.com

Mr. Peter Grosskopf reportsSPROTT ANNOUNCES 2017 ANNUAL RESULTSSprott Inc. has provided its financial results for the year ended Dec. 31, 2017. Financial overview for the year ended Dec. 31, 2017Assets under management (AUM) were $7.3-billion as at Dec. 31, 2017, compared with $9.2-billion as at Dec. 31, 2016. In January, 2018, after giving effect to the acquisition of CFCL, total AUM increased to...Read More

Sprott earns $37.5-million in 2017

March 02, 2018 / www.stockwatch.com

Mr. Peter Grosskopf reportsSPROTT ANNOUNCES 2017 ANNUAL RESULTSSprott Inc. has provided its financial results for the year ended Dec. 31, 2017. Financial overview for the year ended Dec. 31, 2017Assets under management (AUM) were $7.3-billion as at Dec. 31, 2017, compared with $9.2-billion as at Dec. 31, 2016. In January, 2018, after giving effect to the acquisition of CFCL, total AUM increased to...Read More

Like Magic, Gold Reverses

March 02, 2018 / www.kitco.com

Editor's Note: Gold and silver has been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.The in...Read More

UPDATE 2-Cryptocurrencies failing as money, but technology has promise-Carney

March 02, 2018 / www.kitco.com

(Adds comment from investors, recasts)By William Schomberg and Andy BruceLONDON, March 2 (Reuters) - Cryptocurrencies such as Bitcoinare failing as a form of money and have shown clear signs ofbeing a financial bubble, but their technology could improve thefinancial system in future, Bank of England Governor Mark Carneysaid on Friday.Carney joined a chorus of concern among global policymakersover...Read More

PRECIOUS-Trade war talk pushes gold prices higher as dollar eases

March 02, 2018 / www.kitco.com

* Weaker dollar lifts gold from two-month low* Trade war fears spur safe-haven demand* Gold down 0.5 percent on the week (Recasts, updates prices throughout; adds comment, NEW YORK todateline)By Renita D. Young and Peter HobsonNEW YORK/LONDON, March 2 (Reuters) - Gold prices rose onFriday as the threat of a global trade war pushed equities andthe U.S. dollar lower and spurred demand for assets suc...Read More

Bank of England's Carney says some crypto-currencies will gain from regulation

March 02, 2018 / www.kitco.com

LONDON, March 2 (Reuters) - Some crypto-currencies will gainfrom being regulated but many others will fall by the wayside,Bank of England Governor Mark Carney said on Friday.Carney said crypto-currencies were failing as a form ofmoney and showed many characteristics of a bubble in a speechearlier in the day, though he added that the technology showedsome promise in cutting financial transaction co...Read More

Gold Price Hits Two-Month Low on US Rate Expectations

March 02, 2018 / bit.ly

The gold price was under pressure this week as the US dollar climbed following hawkish comments from US Federal Reserve Chair Jerome Powell.Read full newsRead More

Cryptocurrencies are failing as money - Bank of England's Carney

March 02, 2018 / www.kitco.com

LONDON, March 2 (Reuters) - Cryptocurrencies are failing asa form of money and have shown classic signs of being afinancial bubble, requiring regulators to protect consumers andstop their use for illegal activities, Bank of England GovernorMark Carney said on Friday.Carney did not call for a ban on cryptocurrencies such asBitcoin but said they needed to be regulated in a similar way toother parts...Read More

Cononish gold mine given planning permission

March 02, 2018 / dlvr.it

The mine, at Cononish, near Tyndrum, aims to extract more than half a million tonnes of ore.Read full newsRead More

GLOBAL MARKETS-Stocks, dollar tumble as Trump sparks global trade war fears

March 02, 2018 / www.kitco.com

* Trump's tariff on steel and aluminium raises trade warfears* U.S. debt yields fall as trade worries dwarf inflationjitters* Yen jumps after Kuroda says mulls exit if inflation targetmet* European shares fall over 1.5 pct, Wall Street futureslower* Italian elections, German coalition vote on Sunday* Trump tweets "trade wars are good, and easy to win"By Marc JonesLONDON, March 2 (Reuters...Read More

Sterling steadies near 7-week low as traders eye Brexit speech

March 02, 2018 / www.kitco.com

* Graphic: World FX rates in 2018 * Graphic: Trade-weighted sterling since Brexit vote By Jemima KellyLONDON, March 2 (Reuters) - Sterling steadied close to aseven-week low against the dollar on Friday, as traders eyed aspeech from Prime Minister Theresa May on her plans for a tradedeal with the European Union.May will in the early afternoon set out her vision for aBrexit deal deeper and wider tha...Read More

FOREX-Yen stands tall as trade war concerns grip markets

March 02, 2018 / www.kitco.com

* Big short yen bets could unwind if BOJ signals policyshift* Graphic: World FX rates in 2018 By Saikat ChatterjeeLONDON, March 2 (Reuters) - The Japanese yen jumped half apercent against the dollar and is set to score significant gainsagainst the euro on Friday as prospects of a trade war grippedmarkets after U.S. President Donald Trump announced hefty newtariffs on steel and aluminium imports.Wi...Read More

TABLE-Holdings of SPDR Gold rise, iShares Silver unchanged

March 02, 2018 / www.kitco.com

March 2 (Reuters) - Holdings of the largest gold-backed exchange-traded-fund (ETF), New York's SPDR Gold Trust , rose 0.35 percent on Thursday from Wednesday, while the largest silver-backed ETF, New York's iShares Silver Trust , remained unchanged during the same period.Exchange-traded funds, the most widely recognized type of ETP, back each security issued with physical stocks of a given commodi...Read More

Moody's upgrades Barrick to Baa2 with stable outlook

March 02, 2018 / www.mining.com

Barrick Gold Corporation (NYSE:ABX)(TSX:ABX) (Barrick or the "Company") today reported that Moody's Investors Service ("Moody's") has upgraded the senior unsecured ratings of Barrick and all rated subsidiaries to Baa2 from Baa3, with a stable outlook.In a news release announcing the upgrade, Moody's cited Barrick's low adjusted leverage, large scale, diverse and low-cost gold assets, free cash flo...Read More

Sheila Bair says bitcoin has no intrinsic value - but neither does the dollar

March 02, 2018 / www.marketwatch.com

Former FDIC chair Sheila Bair isn't too worried about the mania surrounding cryptocurrencies, and sees no reason why bitcoin and its brethren should be outlawed. 'I don't think we should ban it - the green bills in your pocket don't have an intrinsic value, either. The value is based on what others think is its value. That's true of any currency.'Sheila Bair That's what she told Barron's in a wide...Read More

Gold Miner's Maiden Resource 'Provides a Strong Base' to Utah Project

March 02, 2018 / dlvr.it

Industry analysts discussed the inaugural resource estimate as well as the final 2017 drill results at one of this company's Utah projects, and provided targets of up to 2.5 times the current share price.Read full newsRead More

Investor Interest Is Simply Not There For Gold - Mining Legend Pierre Lassonde

March 02, 2018 / dlvr.it

Gold slid to a two-month low on Thursday, so what happened to talk of the metal's breakout year?Read full newsRead More

Eastmain Files Technical Report for Eastmain Mine Gold Deposit Mineral Resource; Looks to Exploration in 2018

March 02, 2018 / dlvr.it

TORONTO, Feb. 26, 2018-- Eastmain Resources Inc., announces the Company has filed the Technical Report titled," NI 43 101 Technical Report and Initial Mineral Resource Estimate on the Eastmain Mine Property, ...Read full newsRead More

Wallbridge to Display High Grade Fenelon Gold Core at PDAC

March 02, 2018 / dlvr.it

TORONTO, March 1, 2018 /CNW/ - Wallbridge Mining Company Limited (TSX:WM, FWB: WC7) ('Wallbridge') is pleased to announce that it will be participating in t...Read full newsRead More

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