Great Bear Resources (TSXV:GBR, OTC:GTBDF) today announced that crews are being mobilized for the Phase 2 drill program at its Dixie Lake gold project, located in the Red Lake district of Ontario.Read full newsRead More

Andy Carroll, technical director at Mosman Oil And Gas Ltd (LON:MSMN), tells Proactive they're exercising their right to buy into the Arkoma oil project in Oklahoma.Through a series of deals and amendments the company ends up with a 27% stake in the project.In the field, the project partners will now work to generate production and cash flow while longer term plans will be considered for the proje...Read More

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.(Kitco...Read More

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.(Kitco...Read More

(Kitco News)- Gold's luster is starting to tarnish for the University of Texas, as its endowment fund said that it is reviewing its gold holdings, worth about $1 billion, according to Bloomberg News.The Bloomberg article quoted Britt Harris, the new chief executive officer at Utimco, saying, "We're in no rush to sell, but it may not be a long-term strategic hold."The comments were made d...Read More

Shares of retail concern Urban Outfitters, Inc (NASDAQ:URBN) notched an annual high of $38.06 on Tuesday, but have since pulled back to test their rising 40-day moving average ahead of earnings next week. If past is precedent, it could be time to bet on URBN's next leg higher, as previous retreats to this trendline have had bullish implications for the stock.According to Schaeffer's Senior Quant...Read More

Ray Gibbs, chief executive of Haydale Graphene Industries PLC (LON:HAYD), tells Proactive he's expecting revenues over the next twelve months to rise following a period of investment and expansion.Revenues in the six months to the end of December 2017 rose by two-thirds to ?2.49mln with commercial/non-grant income 85% higher at ?2.04mln.Gibbs says they've been investing heavily in its Taiwanese...Read More

Short sellers seem to have made a major mistake by picking on Planet Fitness Inc. (NYSE:PLNT). The stock earlier this week touched a record high of $38.32 after the company once again blew away analysts' estimates in the earnings booth, posting a top- and bottom-line beat, with same-store sales growth increasing year-over-year. And just for good measure, the fitness chain issued a 2018 outlook tha...Read More

Richard Gray, chief executive of Scotgold Resources Limited (LON:SGZ) tells Proactive they've received planning approval for the first commercial gold mine in Scotland's history.Gray says the Loch Lomond and the Trossachs National Park Authority unanimously approved their application for the development of the Cononish Goldmine at a Special Board Meeting held on Tuesday, subject to the conclusion...Read More

(Kitco News) - Kitco aficionados, it isnow time to have your say in where you think gold prices are heading in theshort-term.Will gold prices go higher, lower or remain unchanged nextweek? Kitco readers will have until 9 a.m. EDT, Friday to cast their vote. The results will be tabulated and released after noon (12PM EDT) along with the results fromour market professional survey.Readers can also se...Read More

(Kitco News) - Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term.Will gold prices go higher, lower or remain unchanged next week? Kitco readers will have until 9 a.m. EDT, Friday to cast their vote. The results will be tabulated and released after noon (12 PM EDT) along with the results from our market professional survey.Readers can al...Read More

Gary J. Goldberg was appointed President and Chief Executive Officer and joined the Board of Directors of Newmont Mining Corporation on 1 March 2013.DENVER, March 1, 2018 - Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) announced that its President and Chief Executive Officer, Gary J. Goldberg, received the Charles F. Rand Memorial Gold Medal for his leadership and contributions t...Read More

   •  Bullish USD sentiment continues to exert downward pressure.   •  Traders shrug off risk-off mood/weaker US bond yields.   •  Powell’s second testimony eyed for fresh impetus. Gold extended its steady decline through the mid-European session and is currently placed at fresh three-week lows, around $1310 area. The US Dollar has...Read More

The Dow Jones Industrial Average (DJI) has traded in a 300-point range on both sides of breakeven today, but was last seen trading in positive territory -- on track to snap its recent losing streak. Wall Street is reacting to a fresh round of economic data, which includes a modest rise in the personal consumption expenditures (PCE) index -- a key measure of inflation the Fed follows -- while the...Read More

London Stock Exchange (LON:LSE) is expected to report a record increase in full year profits on Friday despite being without a permanent chief executive after Xavier Rolet was forced out by the chairman.Analysts forecast a 25% rise in earnings to ?955mln in 2017.However, the results are likely to be overshadowed by questions about the group's leadership following the departure of Rolet in No...Read More

Adam Waugh, chief executive of BlueRock Diamonds PLC (LON:BRD), tells Proactive they're expecting to ramp up production this year at the Kareevlei diamond mine in South Africa as they operate from the upgraded plant.Waugh estimates they can achieve an average grade of between 3.5 carats per hundred tonnes (cpht) and 4.5 cpht, indicating total production of between 9,500 and 12,500 carats.Last year...Read More

Chile's Chemical and Mining Society (SQM), one of the world's largest lithium producer, said global demand for the white metal, a key ingredient in the making of batteries that power electric vehicles, will continue to grow at rate of roughly 80% annually in the next five years.According to chief executive officer Patricio de Solminihac, the world will need at least 50,000 tonnes of lithium a yea...Read More

The numbers: Construction spending was virtually unchanged in January, but from an upwardly revised December baseline of $1.26 trillion annual rate, the Commerce Department said Thursday. What happened: Outlays on construction remain strong. Overall spending in 2017 was about 4% higher than in 2016, and touched an all-time high. January spending was led by the public sector, which increased...Read More

(Bloomberg) - Australian mining legend Lang Hancock's dream four decades ago of exporting coal from the country's remote Galilee Basin is becoming a nightmare for two Indian conglomerates.Adani Group bought into the Queensland basin in 2010, followed a year later by GVK Group, with plans to ship thermal coal by the middle of the decade. Deals to build ports and rails signaled early promise, but t...Read More

Vancouver, BC - Select Sands Corp. (TSX-V:SNS | OTCQX: SLSDF) (the "Company") is pleased to announce is pleased to announce that the Company has increased its line of credit ("LOC") with First Community Bank of Arkansas, USA from $2M USD to $5M USD. The Company plans to draw down on these funds, when necessary for growth and working capital requirements. No draws have been made to date.Zig...Read More