Recent News

Fed official says rates are last resort against financial risks

January 06, 2018 / www.kitco.com

PHILADELPHIA, Jan 6 (Reuters) - The Federal Reserve should only as a last resort adjust interest rates to deal with financial instabilities thought to imperil the U.S. economy, and instead rely primarily on regulations and supervision, a top Fed official said on Saturday."While my preference (is) to start with the macroprudential tools that can be implemented more promptly, the limits on thes...Read More

Proactive Oil & Gas highlights: Cabot Energy, Egdon Resources, Echo Energy, SDX Energy, LEKOIL, Victoria Oil & Gas

January 06, 2018 / www.proactiveinvestors.co.uk

Cabot Energy PLC (LON:CAB) on Friday revealed provisional results from the 10-32 sidetrack well in the Rainbow area, in Canada, where an oil flow rate of 344 barrels of oil per day has now been measured.The well was drilled in December, down to a vertical depth of around 1,500 metres, and it cut approximately 400 metres through the targeted reef with some 200 metres described as encountering high...Read More

Proactive mining news summary - Metal Tiger, Ortac Resources, Caledonia Mining Corp and more

January 06, 2018 / www.proactiveinvestors.co.uk

Metal Tiger plc (LON:MTR) shares advanced on Friday as it reported some good news from Botswana.The firm revealed, via a drilling report, that the highest grade to date had been hit at the T3 project.Its joint venture partner MOD Resources (ASX:MOD), which has 70% of the project, revealed one hole in the final batch of assays had hit 18 metres (m) at 4.3% copper and 94 g/t (grams per ton) silver f...Read More

Small caps movers: Game on for MySQUAR as takeover chatter heats up

January 06, 2018 / www.proactiveinvestors.co.uk

It's fair to say the past few months have been challenging for MySQUAR investors.Towards the end of last year the Myanmar-language social media, payments and entertainment group teamed up with a couple of partners. This included a deal that will see its games distributed on the Huawei InTouch platform.Yet the shares haven't responded, with investors harbouring concerns over a slight slowdown in da...Read More

RT @nytopinion: .@BretStephensNYT: The Iranians are "magnificently unreconciled to oppression."

January 06, 2018 / nyti.ms

The West must exploit the hypocrisy of the Tehran government.Read full newsRead More

RT @ReutersUS: Iran stages pro-government rallies, cleric urges punishment for protest leaders

January 06, 2018 / reut.rs

Thousands of government supporters staged rallies in Iran for a fourth day on Saturday in a backlash against widespread anti-government protests that the clerical establishment has blamed on the country's enemies.Read full newsRead More

RT @dcexaminer: France, UK warn against shredding Iran nuclear deal

January 06, 2018 / washex.am

Russia, meanwhile, lambasted the U.S. for using the U.N. Security Council to engage in Iran's internal politics.Read full newsRead More

RT @reg1776: Changes to Iran deal could come next week - Tillerson

January 06, 2018 / www.rt.com

The Trump administration is working with key lawmakers to create a pathway for the US to remain a signatory to the Iran nuclear deal.Read full newsRead More

RT @DWBerkley: Abolish fossil fuels? Any volunteers for this weekend?

January 06, 2018 / boereport.com

It doesn't take many days in one's life of consumerism to recognize that "vital information" provided to you by someone selling something is to be taken with a grain of salt, to put it mildly. A sexy model draped over the hood of a car is not indicative of the life you will lead if you buy those wheRead full newsRead More

U.S. agency starts review for Alaska mine project opposed by environmentalists

January 06, 2018 / www.kitco.com

By Yereth RosenANCHORAGE, Alaska, Jan 5 (Reuters) - U.S. regulators formally launched a review process on Friday that could produce a permit a Canadian mining group needs to build the Pebble Mine copper and gold project in southwest Alaska, which is opposed by environmentalists. The U.S. Army Corps of Engineers, the federal agency that regulates the development and dredging of wetlands, has publi...Read More

Sage Gold Clavos Gold Mine Update

January 06, 2018 / dlvr.it

TORONTO, ONTARIO--(Marketwired - Jan. 5, 2018) - Sage Gold Inc. (Read full newsRead More

Mining of Gold and Uranium in South Africa 2017 - Profiles of 16 Leading Companies

January 06, 2018 / dlvr.it

DUBLIN, Jan. 5, 2018 /PRNewswire/ -- TheRead full newsRead More

How to Profitably Invest in Gold Mining Stocks with This Winner

January 06, 2018 / dlvr.it

This is the year to invest in gold mining stocks, thanks to the start of a major gold bull market. Here's why, plus the one gold miner to own...Read full newsRead More

Gold Stocks: What to Watch in 2018

January 06, 2018 / dlvr.it

Several big mining companies are bringing new projects online, while others will see production decline in the year ahead.Read full newsRead More

Equinox Gold Confirms Share Purchase by Chairman, Ross Beaty

January 06, 2018 / dlvr.it

VANCOUVER, British Columbia, Jan.05, 2018(GLOBE NEWSWIRE) -- Equinox Gold Corp. (TSX-V:EQX) ("Equinox Gold" or the "Company"), is pleased to announce th...Read full newsRead More

U.S. Trade Deficit Balloons to Widest in Almost Six Years

January 06, 2018 / www.bloomberg.com

The U.S. trade deficit in November reachedthe highest level in almost six years as an increase in importsexceeded a gain in shipments overseas, Commerce Department datashowed Friday.Highlights of Trade Balance (November)Gap grew 3.2% to $50.5b (est. $49.9b deficit) from a revised $48.9b in the prior month (prev. $48.7b)Imports rose 2.5% to a record $250.7b on more inbound shipments of consumer goo...Read More

U.S. Added Fewer Jobs Than Expected in December

January 06, 2018 / www.bloomberg.com

Gain in payrolls is less than median projection of 190,000Unemployment rate holds at 4.1%, lowest level since 2000Bloomberg's Julie Hyman breaks down the December U.S. jobs report.U.S. payroll gains slowed by more than forecast in December, wages picked up slightly and the jobless rate held at the lowest level since 2000, adding to signs of a full-employment economy.Employers added 148,000 workers...Read More

Gold-Stock Upside Huge

January 06, 2018 / www.321gold.com

Adam HamiltonArchivesJan 05, 2018 The gold miners' stocks have huge upside potential in 2018, likely the best among stock-market sectors. They really lagged gold last year, so a major mean-reversion catch-up rally is coming. The gold miners are universally ignored and deeply undervalued relative to the metal which drives their profits. And gold itself is likely to power dramatically higher this ye...Read More

Stocks Push Further Into Record Territory Despite Weak Hiring in December - TheStreet

January 06, 2018 / www.thestreet.com

The Dow Jones Industrial Average, the S&P 500 and the Nasdaq pushed further into record territory on Friday, Jan. 5, following a U.S. jobs report for December that came in weaker than expected. The U.S. created 148,000 jobs in December, the slowest pace in three months. Economists surveyed by FactSet expected 189,000 jobs to have been created. The unemployment rate in December held stea...Read More

Gold Prices May Now Be Unstoppable - TheStreet

January 06, 2018 / www.thestreet.com

Participants in a new Kitco News gold survey look for the precious metal to build on its gains next week, citing the soft U.S. jobs report released Friday and technical-chart momentum. Comex February gold topped the $1,300-an-ounce level on the final day of 2017 and has remained above this so far in 2018. The metal, helped by a soft U.S. dollar much of this week, temporarily bounced from overnig...Read More

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