Recent News

Osisko Mining files Windfall Lake documents with gov\'t

June 06, 2017 / www.stockwatch.com

Mr. John Burzynski reports OSISKO SUBMITS PROJECT DESCRIPTION AND PRELIMINARY PROJECT INFORMATION FOR WINDFALL Osisko Mining Inc. has filed the project description with the federal government (Canadian Environmental Assessment Agency or CEAA) and the preliminary project information with the Quebec government (Ministere du Developpement durable, de l'Environnement et de la Lutte contre les changeme...Read More

Riverside samples up to 113 g/t Au at Cecilia

June 06, 2017 / www.stockwatch.com

Dr. John-Mark Staude reportsRIVERSIDE RESOURCES SAMPLES UP TO 113 G/T GOLD AND 310 G/T SILVER AT THE CECILIA PROJECT IN SONORA, MEXICORiverside Resources Inc. has released initial results from the company's first phase exploration program at the Cecilia project located in northeastern Sonora, Mexico. Riverside's exploration team is targeting epithermal gold-silver mineralization hosted by a felsic...Read More

Corvus Gold to acquire Mother Lode property

June 06, 2017 / www.stockwatch.com

Mr. Jeff Pontius reportsCORVUS GOLD ACQUIRES MOTHER LODE PROPERTY FROM GOLDCORP, 10 KILOMETRES SOUTHEAST OF THE NORTH BULLFROG PROJECT, NEVADACorvus Gold Inc. has agreed toacquire the Mother Lode property in Nevada from Goldcorp USA Inc.Corvus Gold plans to purchase 100 per cent of the Mother Lode property, covering approximately 250 acres and containing a historic (non-National Instrument 43-101...Read More

Stock Futures Move Lower Ahead of Loaded Back-Half to the Week - TheStreet

June 06, 2017 / www.thestreet.com

Stock futures moved lower on Tuesday morning as investors awaited clarity on a number of market-moving events later in the week. S&P 500 futures were down 0.3%, Dow Jones Industrial Average futures slid 0.24%, and Nasdaq futures declined 0.22%. Wall Street wasn't able to extend a record-breaking streak into a third session on Monday as a terror attack in London and lower oil prices teamed...Read More

Canacol Energy\'s Toronja 1 reaches TD in six days

June 06, 2017 / www.stockwatch.com

An anonymous director reports CANACOL ENERGY LTD. PROVIDES COLOMBIA DRILLING AND ECUADOR UPDATE Canacol Energy Ltd. has provided the following updates for the Toronja 1 and Pumara 1 exploration wells, the 40-million-standard-cubic-foot-per-day gas pipeline project and an update concerning its Ecuadorian operation.Toronja 1 gas exploration well VIM 21 exploration and production contract, Lower Magd...Read More

Citi: 'Precious-Metal Complex May See Prices Peak In 2Q 17'

June 06, 2017 / www.kitco.com

Citi Researchsees precious metals peaking in the current quarter. "Reluctant to pick upslack in the market, investor anxiety suggests further headwinds persist into3Q 17," the bank says. "Multi-year low price volatility for both gold andsilver reinforce limited opportunity for investor participation and suggestslittle deviation from the current trend." The bank says the bid for gold hasremained in...Read More

UPDATE 1-Rio Tinto, China's Minmetals sign deal on exploration

June 06, 2017 / www.kitco.com

* Exploration budgets under strain, harder to find new reserves* Commodity needs of China are changing as economy matures (Adds detail, context)LONDON, June 6 (Reuters) - Rio Tintoand China Minmetals Corp on Tuesday signed an outline deal on collaboration in mineral exploration, saying the partnership would position it to find the reserves needed for today's economy.Major miners have been seeking...Read More

Gold Up Amid Uncertainty As Important Events Lie Just Ahead

June 06, 2017 / www.kitco.com

(Kitco News) - Gold prices aresolidly higher and hit a six-week high in early U.S. trading Tuesday. Pricesare now within easy striking distance of the key $1,300.00 mark. Silver pricesare at a five-week high and are in a near-term uptrend. August Comex gold waslast up $10.70 an ounce at $1,293.30. JulyComex silver was last up $0.084 at$17.665 an ounce. There is a bitof risk aversion in the marketp...Read More

Barkerville Gold drills 7.2m of 12.43 g/t Au at Cariboo

June 06, 2017 / www.stockwatch.com

Mr. Chris Lodder reports BGM INTERSECTS 12.43 G/T AU OVER 7.20 METRES AT VALLEY ZONEBarkerville Gold Mines Ltd. has released additional drilling results from the continuing 130,000-metre phase II Island Mountain exploration drilling program at the company's flagship Cariboo gold project.The company is currently exploring and delineating the Valley zone with four drill rigs.Detailed drilling result...Read More

Japan's Sumitomo Obtains Stake In Iamgold's C??t?(C) Gold Project

June 06, 2017 / www.kitco.com

(Kitco News) -Iamgold Corp. (NYSE: IAG;TSX: IMG) and Japan's Sumitomo Metal Mining Co., Ltd. have entered into a jointventure to develop the C??t?(C) gold project in Ontario, the companies reported late Monday.Iamgold also announcedwhat it termed "positive results" from a prefeasibility study for the project,which clears the way to initiate a feasibility study and to support thepermitting proc...Read More

Adani to go ahead with polemic Carmichael coal mine after all

June 06, 2017 / www.mining.com

Indian conglomerate Adani Group has decided to go ahead with its $12 billion (A$16bn) Carmichael coal mine and rail project in Queensland, Australia, one of the world's largest thermal coal mines approved in recent years.The decision comes only days after the conglomerate agreed to pay the state hefty royalties on the coal produced there and follows years of opposition to the project by organizati...Read More

American International climbs

June 06, 2017 / www.mining-journal.com

Unsurprisingly, gold stocks have remained firmly in favour as global markets exude caution, in the wake of the London terror attacks, escalating tension in the Middle East, and just days from the UK election and testimony from former FBI head James Comey.The spot gold price rose above US$1,285 an ounce earlier today and has been described as being "within striking distance" of the key $1,300 mark....Read More

Three Indian farmers shot dead as protests escalate - reports

June 06, 2017 / www.kitco.com

MUMBAI, June 6 (Reuters) - Three Indian farmers were shot dead on Tuesday at a protest in the central state of Madhya Pradesh, according to news reports, marking an escalation of violence as a rural strike demanding debt relief spread.The farmers died after being shot during a protest in Mandsaur, according to reports that quoted witnesses as saying they had been shot by police.A state police spok...Read More

Ex-divs to take 11.7 points off FTSE 100 on June 8

June 06, 2017 / www.kitco.com

LONDON, June 6 (Reuters) - The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout.According to Reuters calculations at current market prices, the effect ofthe resulting adjustment to prices by market-makers would take 11.7 points offthe index.COMPANY (RIC) DIVIDEND STOCK IMPACT (pence)OPTIONAssociated British Fo...Read More

CORRECTED-Asia Graphics-South Korea, HK stocks top May gains in Asia-Pacific

June 06, 2017 / www.kitco.com

(Corrects links)June 6 (Reuters) - South Korean and Hong Kong stocks led the Asia-Pacific region in May with gains of 6.44 percent and 4.25 percent, respectively. Buoyed by Moon Jae-in's presidential election win in May and inflows of near $8 billion this year, South Korean equities surged 26.35 percent year-to-date in dollar terms, followed by Indian equities which rose 24.81 percent in the same...Read More

SE Asia Stocks-Malaysia posts 2-yr closing high; Philippines down

June 06, 2017 / www.kitco.com

By Chris ThomasJune 6 (Reuters) - Philippine shares fell on Tuesday, dragged down by losses in index heavyweights SM Investments Corp and SM Prime Holdings , while Malaysian shares extended gains into a third session to close at a two-year high.Broader Asian markets were subdued as escalating tensions in the Middle East, the impending testimony of the former FBI director, British elections and a E...Read More

Ireland to raise 1 billion euros in dual bond auction

June 06, 2017 / www.kitco.com

DUBLIN, June 6 (Reuters) - Ireland will seek to raise 1 billion euros in a dual bond auction on Thursday that, if successful, will have covered its minimum funding needs for the year in less than six months. Ireland will raise the debt through the sale of nine- and 28-year bonds, the country's debt agency said on Tuesday, further replenishing the scarce pool of Irish debt eligible for the European...Read More

Shares of AAC Technologies to resume after short-seller report

June 06, 2017 / www.kitco.com

HONG KONG, June 6 (Reuters) - Trading in shares of AAC Technologies will resume on Wednesday, nearly three weeks after the Apple Inc supplier sought a suspension when its stock fell following a short-seller report that accused it of dubious accounting. Shenzhen-based AAC Technologies, a maker of miniaturised acoustic components including speaker boxes, speakers, receivers and microphones, reiterat...Read More

Jun 6 Denison (DML,TSX) Announces Active Summer Plans for Wheeler River and Pipeline Projects

June 06, 2017 / www.marketwired.com

TORONTO, ONTARIO--(Marketwired - June 6, 2017) - Denison Mines Corp. ("Denison" or the "Company") (TSX:DML)(NYSE MKT:DNN) is pleased to announce the specifics of its summer plans for its 60% owned Wheeler River project and its other Athabasca Basin pipeline projects. Wheeler River A total of 18,000 metres of drilling is planned in approximately 40 holes. The program, which is entirely focused in a...Read More

S&P says Veneto Banca's rating would be "CCC" without state aid prospect

June 06, 2017 / www.kitco.com

MILAN, June 6 (Reuters) - Standard & Poor's rating on Italian troubled lender Veneto Banca's debt would be in the "CCC" region rather than the actual "B" level if it did not take into account the potential for state aid, S&P analyst Mirko Sanna said on Tuesday."Veneto Banca has a negative outlook and a 'B' rating that takes into account potential state support. Without that support the rating toda...Read More

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