Recent News

David Erfle - Gold is Consolidating

October 04, 2019 / marketsanity.com

David Erfle is extremely encouraged about the recent price movements of the yellow metal. He believes it was due for a breather and it appears to be getting one. After all, the tree does not grow to the sky. $1450 has become support and $1550 has become resistance. Probably later in the year, late Q4, he expects to see a resumption of the bull move and that it's anyone's guess where it will wind u...Read More

Through Drilling, Explorer Keeps Building Mineralized Zone at James Bay Project

October 04, 2019 / www.theaureport.com

Now, the company is completing a helicopter-supported field program there. Eastmain Resources Inc. (ER:TSX) announced in a news release the results of its fall 2018 and winter 2019 drilling programs at the ?l?onore South joint venture project in James Bay, Quebec. The partners are Newmont Goldcorp and Azimut Exploration.Drilling, which consisted of 26 holes over 7,365 meters (7,365m), targeted a...Read More

Explorer to Acquire Gold Firm, Appoint Detour Gold Founder as Chairman

October 04, 2019 / www.theaureport.com

The Canadian company will look to its new board head for strategic leadership. TerraX Minerals Inc. (TXR:TSX.V) announced in a news release it entered an agreement to acquire the private exploration and development firm Gold Matter Corp. for 5 million shares. The acquisition will result in former Gold Matter shareholders holding about 4% of the issued and outstanding common shares of TerraX. Gold...Read More

ADL Predicts Crude Oil Prices Will Fall Below $40 / Commodities / Crude Oil

October 04, 2019 / www.marketoracle.co.uk

There are times when our research teaminterprets our advanced predictive modeling systems so well that we call a movein the markets 3 to 10+ months in advance of the move actually happening.  It has happened for our team of research sooften lately that we are somewhat used to the accolades we receive from ourfollowers and members.  Our October 2018Gold price predictions are still playing...Read More

Stumbling Manufacturing and Rising Gold - Now or Later? / Commodities / Gold & Silver 2019

October 04, 2019 / www.marketoracle.co.uk

American manufacturersare scoring ever deeper recessionaryreadings. We haven’t seen this bad an ISM Manufacturing reading in quitea while. Can it take the broader economy with it? And what about gold – whenexactly will it get its shine? ISMManufacturing Index Drops To Disturbingly Low LevelThe September ISM Manufacturing Index registered 47.8percent, a decrease of 1.3 percentage points...Read More

Silver Eyes Fourth Quarter Rebound / Commodities / Gold & Silver 2019

October 04, 2019 / www.marketoracle.co.uk

Precious metals markets enter the often favorable fourth quartertrading season with the potential to reinvigorate their major uptrends. Despite posting impressive gains in the third quarter, gold and(especially) silver finished it on a downbeat note.On Monday, sellers smashed silver spot prices down3.6% to test the $17.00/oz. level.The disappointing finish to the month and the quarter do...Read More

COT Gold, Silver and US Dollar Index Report - October 4, 2019

October 04, 2019 / news.goldseek.com

Gold COT Report - Futures Large SpeculatorsCommercialTotal LongShortSpreadingLongShortLongShort 322,80053,80758,499163,050466,738544,349579,044 Change from Prior Reporting Period -47,593-4,142-2,990-535-41,992-51,118-49,124 Traders 20571845552288183 Small Speculators LongShortOpen Interest 60,53625,841604,885 -2,941-4,935-54,059 non...Read More

Gold-Stock Correction Underway

October 04, 2019 / news.goldseek.com

The gold miners' stocks are correcting. They've been sliding and drifting lower on balance since their powerful recent upleg peaked a month ago. Corrections are normal and healthy in ongoing bull markets, rebalancing sentiment to pave the way for the next upleg. They also offer the best buy-low opportunities seen inside secular uptrends. Deploying capital in gold stocks after corrections...Read More

Profiting & Protecting from The Greatest Market Threats, Cartel Interventions, and Fake Economic News Part #2

October 04, 2019 / news.goldseek.com

- DeepcasterAn essential first step in Profiting and Protecting is obtaining Accurate information about the Economy, Markets, Interventions, Macro forecasts and indeed News in general.We summarize here, but encourage investors and traders to further study the followingGold & Silver Interventionals All citizens should be or become aware of what educated Investors and Traders have long known: th...Read More

Precious metals taking a breather

October 04, 2019 / news.goldseek.com

Richard (Rick) Mills, Ahead of the herd This year at AOTH we have tackled a number of reasons for gold and silver's rise, aiming to explain "in layman's terms" what is behind the seemingly relentless move upward - despite the trend-busting reality of a high US dollar. We'll get to that further down this article, but for now, we are summarizing all that we know about why now might be, in our o...Read More

Precious Metals Update Video: Gold will react to job's data

October 04, 2019 / news.goldseek.com

By: Ira EpsteinGold only $19 away from the highest close, impressive. But the daily chart is not so impressive short-term. Gold will see resistance around $1,537 and support around $1,480 (dec contract).Read More

Newfield making progress in developing Sierra Leone diamond mine

October 04, 2019 / www.miningweekly.com

ASX-listed Newfield Resources has completed the blasting of the boxcut for the portal access to the underground declines at its Tongo diamond mine, in Sierra Leone."Work is now focussed on providing the necessary support of the boxcut and shaping of the haul road to attain the right angle of entry into the decline.Advertisement"With the recent signing of the lease agreement for the minin...Read More

Lesotho renews Gem Diamonds' Lets?OEeng mining lease

October 04, 2019 / www.miningweekly.com

The government of Lesotho has renewed the mining lease for LSE-listed Gem Diamonds' Lets?OEeng mine for ten years.This followed a statutory negotiation process between Gem and the Lesotho Mining Board.Advertisement"Gem Diamonds is proud of our long-standing partnership with the government and the people of Lesotho. The mining lease renewal will allow the Lets?OEeng mine to conti...Read More

Concerns raised about modern slavery in supply chains

October 04, 2019 / www.miningweekly.com

Lawyers and activists have warned about the rising modern global slave trade, saying that millions of modern slavery victims are exploited in global supply chains.They are enslaved across the spectrum, from farming, domestic work and construction to clothing factories, mines, the beauty industry and the cleaning industry, says Australia-based legal expert Frazer Hunt.  AdvertisementHe told th...Read More

Environment government's most important Ministry - Oppenheimer  

October 04, 2019 / www.miningweekly.com

RANDJESFONTEIN (miningweekly.com) – The Environment Ministry is the most important ministry in the government, former mining luminary Nicky Oppenheimer said at this week’s tenth Oppenheimer Research Conference.“Environment is at the forefront of everybody’s mind, and we in South Africa are unbelievably blessed with the environment in which we find ourselves. The beaches, th...Read More

Tailings presents opportunityfor wet processing experts

October 04, 2019 / www.miningweekly.com

Wet-processing equipment companyCDE South Africa is targeting iron-ore and gold mining operations with low-grade ore and tailings dumps, as it believes this is where potential for growth lies in South Africa. “In the iron-ore space, we have had a lot of success in beneficiating low-grade waste stores. We are introducing the benefits of wet processing to the mining sector in South Africa as t...Read More

Top-10 silver companies by market cap

October 04, 2019 / www.northernminer.com

The Northern Miner presents the top-10, silver-focused companies by market capitalization. 1. FresnilloMarket cap: $8 billionA portal at MAG Silver and Fresnillo's Juanicipo silver project in central Mexico. Credit: MAG Silver.With 61.8 million oz. silver production in 2018, Mexico City-headquartered Fresnillo (LSE: FRES) says it's the world's largest silver producer. Across Mexico, the company op...Read More

Rhodium punches above its weight with strong prices

October 04, 2019 / www.northernminer.com

Rhodium is an irreplaceable material for complying with carbon emission standards in gasoline-powered vehicles, which consume almost all of its annual production. But while global auto sales declined in late 2018 and the first eight months of this year, rhodium spot prices soared to nearly double their 10-year high.Manufacturing of carbon-emitting vehicles consumes 80% of rhodium production each y...Read More

Waterberg study pegs 45-year mine life for Platinum Group Metals

October 04, 2019 / www.northernminer.com

Platinum Group Metals (TSX: PTM) tabled its definitive feasibility study (DFS) for the Waterberg platinum group metals (PGM) project in South Africa's Bushveld Complex outlining a boost in palladium, platinum, gold and rhodium (4E) reserves, as well as enhanced economics using recent spot metal prices. The DFS envisions annual production of 420,000 combined oz. 4E over a 45-year mine life, plus ni...Read More

Tommy Lee Sparta - Hurricane Breeze (Official Audio)

October 04, 2019 / www.youtube.com

Tommy Lee Sparta - Hurricane Breeze (Official Audio)Produced by Codelankhttp://vevo.ly/Zk2836Read More

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