Vancouver-based Darien Resource Development (TSXV: DRR), which will soon change its name to New Energy Metals Corp., announced today that has entered into an agreement with Artemis Mining to acquire a 100% interest in the Cristal project located in northern Chile. In detail, the mining site is located along the West Fissure, near the border with Peru, which hosts to the majority of Chile's large p...Read More

Velocity Minerals Ltd. (TSX-V:VLC) ("Velocity" or the "Company") announces that it has received the first assay results of the 2018 drill program.Read full newsRead More

The stock market got torched yet again today, as President Donald Trump'scomments that the U.S. will implement tariffs on steel and aluminum imports starting next week overshadowed a more moderate congressional testimony from Fed Chair Jerome Powell. After trading in positive territory at midday, theDow was down more than 586 points at its session low around 2:30 p.m. ET. And while the blue-chip...Read More

Despite a relative pessimism regarding macroeconomic fundamentals, the South African rand is expected to gain strength over the next few months and that could mean bad news for the country's gold miners, according to BMI Research.In a recently published report, BMI forecasts a year-end exchange rate of ZAR10.9/USD, up from a previous forecast of ZAR11.6/USD. The firm says that not everyone will be...Read More

Despite a relative pessimism regarding macroeconomic fundamentals, the South African rand is expected to gain strength over the next few months and that could mean bad news for the country's gold miners, according to BMI Research.In a recently published report, BMI forecasts a year-end exchange rate of ZAR10.9/USD, up from a previous forecast of ZAR11.6/USD. The firm says that not everyone will be...Read More

Metal continues under pressure, still above $1300/oz.  Price bottomed at $1302 on upbeat US data.  Fed’s Powell speaks at Senate Banking Committee.  Gold continued to move with a bearish bias and bottomed at $1302/oz after the release of the ISM Manufacturing report, the lowest level since January 2, $15 below yesterday’s close. During the last hour, it rebounded but f...Read More

NEW YORK, March 1 (Reuters) - The Federal Reserve provided $72 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 $67 million with a term of 7 days and a rate of 1.91 percent.The Bank of Japan swapped $5 million with a term of 6 days and a rate of 1.92 percent.The Federal...Read More

Newrange Gold Corp. ('Newrange' or the 'Company') is pleased to welcome Mr. Robert Archer, Co-founder of Great Panther Silver Limited, as a Director of the Company, effective immediately.Read full newsRead More

The price of gold bullion remains range-bound, and it is clear that traders do not believe that the yellow metal will experience a sharp move in the near term as reflected by the low levels of volatility. In fact, gold bar option traders are now pricing in historically low levels of premiums into gold bullion options, which means that the market displays little fear that gold bar prices will cha...Read More

Japan Gold Corp. (TSXV: JG) (OTCQB: JGLDF) ('Japan Gold' or the 'Company') is pleased to announce its corporate strategy in 2018.Read full newsRead More

Aben Resources Ltd. (TSX-V:ABN) (OTCBB:ABNAF) (Frankfurt:E2L2) (the "Company") is pleased to announce that they have received the 2018 exploration permit from the Government of Saskatchewan and has commenced mobilization for camp construction at their 4,656 hectare Chico Gold Project.Read full newsRead More

Bikes maker Tandem Group plc (LON:TND) sprinted higher on Thursday after revealing net profit for 2017 is likely to be significantly higher year-on-year.The expected increase in profits is despite a small reduction in turnover of 4% from the year before to ?36.8mln.The cost control measures taken to streamline bicycle operations brought about an expected reduction in turnover but this also had a...Read More

(Kitco News)- Trading activity among members of the London Bullion Market Association was down last month in both silver and gold.The LBMA releases clearing statistics each month showing the net volume of gold and silver transferred between accounts of members, essentially providing a snapshot of the amount of trading activity.The average volume of gold ounces transferred daily in January dropped...Read More

SANTIAGO, March 1 (Reuters) - The main union of Chile's Los Pelambres copper mine will vote next week on a new contract its members have not yet received and which could lead to a strike if they refuse, a union leader told Reuters on Thursday.The president of the union for Los Pelambres, a unit of the local group Antofagasta, said the company's proposal would be finalized no later than Friday."We...Read More

Subscribers to Schaeffer's Weekly Options Trader service recently scored a 225% profit with United States Steel Corporation (NYSE:X) weekly 2/23 34.50-strike calls. We're going to take a look back to see why we were initially bullish on X when we recommended the call, and how the options trade unfolded. We entered our bullish X position on Feb. 13, just after the shares notched a close back above...Read More

U.S. stocks are pacing for a third straight day of losses after President Donald Trump said his administration will begin instituting tariffs on steel and aluminum imports next week. As for some of today's most notable movers, healthcare stocks Tenax Therapeutics Inc (NASDAQ:TENX) and Mylan N.V. (NASDAQ:MYL) are trading sharply higher, while regulatory concerns are weighing on blockchain name Over...Read More

Next week is all about jobs. The ADP's private-sector payrolls report will get the ball rolling on Wednesday, followed by weekly jobless claims on Thursday, and the highly anticipated nonfarm payrolls report on Friday, which could have Fed rate-hike implications. And speaking of the Fed, New York Fed President William Dudley is among the central bankers slated for speeches. Meanwhile, retail earni...Read More

There are a group of bankers based in three cities, not Wall St., but Toronto, Vancouver, and Denver that you probably never heard of. Surprisingly they are gold stocks. They are royalty & streaming companies, otherwise known as the Three Kings (Franco-Nevada, Royal Gold, and Wheaton Precious Metals) are the non-media grabbing bankers in the mining sector. They collect their revenue from some of t...Read More

Options traders are blasting Advanced Micro Devices, Inc. (NASDAQ:AMD), as the chip stock sells off with the broader equities market. At last check, AMD shares were down 1.4% to trade at $11.94, and 363,931 puts are on the tape -- seven times what's typically seen at this point in the day, and volume pacing in the 100th annual percentile.Most of the action has centered at the weekly 3/23 11-strike...Read More

Tom Burnet, executive chairman at accesso Technology Group PLC (LON:ACSO), discusses with Proactive's Andrew Scott their first healthcare partnership with the Henry Ford Health System (HFHS).The long-term agreement will enable HFHS, a six-hospital system, to use TE2, accesso's digital experience and personalisation platform, to digitise and personalise patients' interaction with the healthcare pro...Read More