LOVELOCK - An agency that encourages stewardship over prohibition is the Environmental Protection Agency that Administrator Scott Pruitt represented to the Nevada mining industry on Feb. 5.Read full newsRead More

Angola sees no further OPEC cuts in 2018 and Africa's No. 2 crude exporter hopes to join the ranks of gold producers next year as it strives to diversify an economy long based on oil and diamonds, its minerals and petroleum minister said on Tuesday.Read full newsRead More

Technical analyst Clive Maund charts a company developing a gold mine on Fiji.Read full newsRead More

VANCOUVER, British Columbia, Feb.05, 2018(GLOBE NEWSWIRE) -- First Mining Gold Corp. ("First Mining" or the "Company") (TSX:FF) (OTCQX:FFMGF) (Frankfur...Read full newsRead More

955 workers were trapped in a mine shaft by a power cut on WednesdayRead full newsRead More

Stocks bounced back on Tuesday, Feb. 6 after having swung wildly in and out of positive territory throughout much of the session. The Dow Jones Industrial Average finished up 567 points, or 2.3%. At its lows for the day, the Dow dropped as much as 567 points, putting the index into correction territory. The blue-chip index dropped 1,175 points, or 4.6%, on Monday, Feb. 5, the largest single...Read More

Technology, materials shares lead comeback; VIX gets whipsawedGold, oil and copper decline; Treasuries fall, dollar steadyTony Dwyer, chief equity strategist at Canaccord Genuity, says "we're buying the opportunity volatility is creating."U.S. stocks rebounded from a violent selloff to post the biggest rally in 15 months as investors poured back into some of the most beaten-down sectors.Technology...Read More

Wall Street futures lurched lower again Tuesday, while European stocks suffered steep declines, as global investors attempted to take control of a global market selloff accelerated by sophisticated products tied to the market's benchmark gauge of near-term risk. Futures tied to the Dow have swung more than 600 points during European trading and are now marked 380 points to the downside...Read More

Wall Street's key benchmark for near-term volatility spiked to the highest level nine years Tuesday, following its biggest surge on record, as investors rush from one of the market's most crowded trades in the global equity sell-off. The Chicago Board of Trade's Volatility Index, better-known by its ticker symbol, VIX.X, surged more than 33% to trade past the 50-point mark for the firs...Read More

Barrick Gold, the world's top miner of the metal, said on Tuesday it is writing down its investment in its Pascua-Lama project in South America to the tune of $429 million in the fourth quarter.The Toronto-based company is reclassifying the gold reserves at the project straddling the border between Chile and Argentina following a January decision by Chile's environmental authority (SMA) or...Read More

The latest news and price moves to start the Asian day on Wednesday February 7.Base metals prices on the London Metal Exchange closed the day lower across the board on Tuesday February 6, with nickel's 2.4% decline leading the charge. Read more in our live futures report. Here are how LME prices looked at Tuesday's close:Meanwhile, Comex copper prices were pulled lower on Tuesday by a combination...Read More

Investors took a sledgehammer to the face yesterday as the major averages posted their worst drop in more than six years.The Dow shed 1,175 points (its biggest point lost in history) to close lower by a staggering 4.6%. The S&P 500 wasn't far behind, posting a loss of more than 4%. In a dramatic shift, the major averages flipped from extremely overbought to painfully oversold in a matter of da...Read More

Barely a week after it set another record high, the Dow just suffered its worst one-day loss in its entire history.While the latest turmoil hasn't reached the crisis level by any means, I've been warning about a correction for months.Warnings about an imminent collapse of developed economy stock markets, especially the U.S. markets, have been everywhere.Whether you use Shiller's CAPE ratio, Warren...Read More

“The four most dangerous words in investing: ‘This time it’s different.'”- Sir John TempletonIt was just another down day on Wall Street...The selling was vigorous - yet orderly - for much of the day.But shortly after 3 o'clock yesterday afternoon... the porridge hit the propeller... and a gorgeous patch of holy hell broke loose…The Dow Jones plunged 900 sudden points...Read More

Randgold Resources produced its 4th quarter results and held its conference call on Monday 5th February.The results were very badly received by the market and the shares are down over 7% as I write.Projected p/e and price to book ratio below.Details of the companies 4 producing mines can be found at www.randgoldresources.com.The dividend has been doubled to $2 per share.Randgold resources (GOLD) r...Read More

Silver, platinum and gold mining stocks also advanced'People are starting to worry about inflation,' TabatabaiJames Bevan Says Selloff Is 'Most Definitely Not' the Start of a Bear MarketAs the equities selloff spread from Asia to Europe, gold proved its status as a safe haven.The metal added 0.3 percent to $1,343.19 an ounce, extending yesterday’s 0.5 percent advance. FTSE/JSE Africa Gold M...Read More

Inside the 2018 Investing in African Mining Indaba in Cape Town.Photographer: Waldo Swiegers/BloombergMining executives, investors and government ministers are meeting in drought-hit Cape Town for the African Mining Indaba, the continent’s largest gathering of one of its most vital industries.Recent multiyear highs for many commodities have the world’s biggest miners swimming in cash...Read More

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business Reporter West Texas Intermediate crude for March delivery lost 76 cents to $63.39 on the New York Merc, while Brent for April lost 76 cents to $66.86 (all figures in this para U.S.). Western Canadian Select traded at a discount of $30.70 to WT...Read More

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Will PurcellThe diamond and specialty minerals stocks box score for Tuesday was a rousing 110-56-124. The TSX Venture Exchange gained 26 points to 829 while polished diamond prices fell 0.1 per cent. Eric Friedland and Tom Peregoodoff's Peregrine Diamonds Ltd. (P...Read More

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterNew York spot gold fell $15.30 to $1,323.70 on Tuesday. The TSX Venture Exchange gained 26.42 points to 820.65 while the TSX Gold Index fell 4.17 points to 183.47. Torex Gold Resources Inc. (TXG) led Canadian golds lower today, droppin...Read More