Recent News

Burkina Faso seeks new partner for $1 billion manganese project

February 25, 2018 / www.mining.com

(Bloomberg) - Burkina Faso is looking for a new partner to mine the world's largest manganese deposit after rights disputes thwarted two earlier attempts to develop the $1 billion project.Pan African Minerals, a unit of Timis Mining Corp., was told to stop production at the Tambao mine in 2015 following a change in leadership in the West African nation. The company then petitioned the Internation...Read More

First Abu Dhabi Bank eyes entering Saudi market in 2018

February 25, 2018 / www.kitco.com

ABU DHABI, Feb 25 (Reuters) - First Abu Dhabi Bank , the largest bank in the United Arab Emirates, expects to enter Saudi Arabia's banking market in 2018, a senior executive said on Sunday.The bank has applied for a commercial banking licence in the kingdom, Karim Karoui, the bank's group head of subsidiaries, strategy and transformation, told reporters.FAB, created by last year's merger between N...Read More

Saudi developer Dar Al Arkan meets bond investors for non-deal roadshow -sources

February 25, 2018 / www.kitco.com

By Davide BarbusciaDUBAI, Feb 25 (Reuters) - Saudi Arabian real estate developer Dar Al Arkan met fixed income investors last week for a so-called non-deal roadshow, discussions that were not linked to any specific plan for a bond issue, sources familiar with the matter said.Dar Al Arkan , which issued $500 million of Islamic bonds last April, held the meetings to update investors on the company's...Read More

RPT-Wall St Weekahead-Markets fret over Federal Reserve's approach under new chair Powell

February 25, 2018 / www.kitco.com

(Repeats Feb 23 item with no change to text)By Trevor HunnicuttNEW YORK, Feb 23 (Reuters) - Investors are starting to doubt whether they can count on the protective embrace of an accommodative U.S. central bank when markets go haywire.Federal Reserve chair Jerome Powell has said little about the sharp fall in Wall Street stocks this month, besides offering the platitude at his swearing-in ceremon...Read More

Saudi January inflation jumps to 3.0 pct on VAT, gasoline price hike

February 25, 2018 / www.kitco.com

DUBAI, Feb 25 (Reuters) - Saudi Arabia's annual consumer price inflation rate jumped to 3.0 percent in January after the government introduced a 5 percent value-added tax and hiked domestic gasoline prices, official data showed on Sunday.The statistics agency changed the base year for the consumer price index to 2013 from 2007 last month and adjusted the basket of goods and services, making direct...Read More

Pure Gold Mining : Intersects 26.4 g/t Gold Over 12.7 Metres at Madsen

February 25, 2018 / dlvr.it

Pure Gold Mining Inc. is pleased to announce that underground drilling continues to confirm mineralization within the mineral resource and expand the mineralized zones at its 100% owned Madsen Gold... | f?vrier 14,2018Read full newsRead More

UPDATE 1-South Africa's NUM union says 1,722 jobs to go at Evander Gold Mine

February 25, 2018 / www.kitco.com

(Adds detail, background)JOHANNESBURG, Feb 25 (Reuters) - South Africa's National Union of Mineworkers (NUM) on Sunday said that Pan African Resources would cut 1,722 jobs at its Evander Gold Mine in the country's Mpumalanga province. The NUM said the company, which has a total workforce of 1,812 people at the mine, informed the union that the job cuts were due to deteriorating and inadequate inf...Read More

MIDEAST STOCKS-Gulf rises on strong oil, global markets

February 25, 2018 / www.kitco.com

DUBAI, Feb 25 (Reuters) - Gulf stock markets rose in early trade on Sunday in response to gains in global bourses and oil prices at the end of last week, with Saudi Arabian petrochemicals in particular climbing because of Brent crude oil's rebound to the $67 a barrel level.The Saudi stock index added 0.3 percent in the first half-hour with 13 of 14 petrochemical stocks rising.Saudi Kayan Petrochem...Read More

New Chicago radio station mining gold from rap classics

February 25, 2018 / dlvr.it

Exclusively playing hip-hop and R&B music from the mid-1990s to the early-2000s, JAMS (formerly K-Hits) has infiltrated the FM dial and found immediate success like few new Chicago radio stations before it.Read full newsRead More

Newmont Mining poised for growth in gold sector

February 25, 2018 / dlvr.it

Newmont Mining Corp laid out plans on Thursday for new projects to grow gold production and cut costs, while reporting market-beating profits and output forecasts that position it to take the title of world's largest bullion producer in 2018.Read full newsRead More

Gold Mine with Good Prospects in Cuban Camag? 1/4 ey Province

February 25, 2018 / dlvr.it

Camag? 1/4 ey, Feb 20 (Prensa Latina) The mines Chrome Camag? 1/4 ey, Gold Jacinto and Golden Hill are today vital fields in the exploitation of minerals rich in silver and gold, under the management of Enterprise Geominera Camag? 1/4 ey, in this central-eastern Cuban region.Read full newsRead More

Pure Gold Mining : Intersects 26.4 g/t Gold Over 12.7 Metres at Madsen

February 25, 2018 / dlvr.it

Pure Gold Mining Inc. is pleased to announce that underground drilling continues to confirm mineralization within the mineral resource and expand the mineralized zones at its 100% owned Madsen Gold... | f?vrier 14,2018Read full newsRead More

South Africa's NUM union says 1,722 jobs to go at Evander Gold Mine

February 25, 2018 / www.kitco.com

JOHANNESBURG, Feb 25 (Reuters) - South Africa's National Union of Mineworkers (NUM) on Sunday said that Pan African Resources would cut 1,722 jobs at its Evander Gold Mine in the country's Mpumalanga province. The NUM said the company, which has a total workforce of 1,812 people at the mine, informed the union that the job cuts were due to deteriorating and inadequate infrastructure at themine, hi...Read More

Pure Gold Mining : Intersects 26.4 g/t Gold Over 12.7 Metres at Madsen

February 25, 2018 / dlvr.it

Pure Gold Mining Inc. is pleased to announce that underground drilling continues to confirm mineralization within the mineral resource and expand the mineralized zones at its 100% owned Madsen Gold... | f?vrier 14,2018Read full newsRead More

MIDEAST STOCKS-Region may have upward bias on global markets

February 25, 2018 / www.kitco.com

DUBAI, Feb 25 (Reuters) - Strong global markets may give Gulf bourses an upward bias on Sunday, although moderate trading volumes in recent days suggest any gains may not be large.The Dow Jones Industrial Average rose 1.39 percent on Friday while Brent oil climbed on the last two days of the week, closing at $67.31 a barrel. Among corporate earnings announcements, Saudi Kayan Petrochemical swung t...Read More

Gold Setting Up For A Massive Upside Price Rally / Commodities / Gold and Silver 2018

February 25, 2018 / www.marketoracle.co.uk

Over the past few months, our research team has nailed many of the recent moves in the Metals market thanks to our advanced price modeling systems and detailed research.  Recently, we’ve been watching a setup play out in Gold that has excited us.  The potential for a massive upside rally that should originate as early as March 19 (only a few weeks away).  The reason this is so...Read More

Peter Schiff - What to Do After Market Bubble

February 25, 2018 / marketsanity.com

Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More

Gold Setting Up For A Massive Upside Rally

February 25, 2018 / www.gold-eagle.com

Over the past few months, our research team has nailed many of the recent moves in the Metals market thanks to our advanced price modeling systems and detailed research. Recently, we've been watching a setup play out in Gold that has excited us. The potential for a massive upside rally that should originate as early as March 19 (only a few weeks away). The reason this is so exciting is that...Read More

John Rubino - 2018: The Year Of The Margin Call

February 25, 2018 / marketsanity.com

Analysts disagree about which indicator is best for calling market tops, but the easiest to understand - and the most tragic - is probably margin debt.Continue...Read More

GoldSeek Radio: Bill Murphy and Andy Schectman, and Chris Waltzek

February 25, 2018 / news.goldseek.com

Featured GuestsBill Murphy & Andy SchectmanShow HighlightsAndy Schectman of Miles Franklin Institute is partnering with Sprott Asset Management on a physical gold backed, distributed ledger with bullion held at the Royal Canadian Mint. Many pre-mined cryptos have early deep-pocket investors tend to own 80% or more of the tokens outstanding, diminishing the much touted decentralization aspects. T...Read More

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