Gold bounces with the June contract back over $1300 per ounce.Technical metrics tell us the correction could be over.Official sector buying continues to underpin the gold market - a move in Italy that could start a trend.Uncertainty in the world supports a higher price for gold.UGLD for an aggressive approach to the gold market.In mid-February, the price of nearby COMEX gold futures moved to a hig...Read More
Gold _ Silver Spot Gold holding below 1308/09 tests good support at 1303/01. However below 1299 risks a slide to minor support at 1294/92. Important support at 1284/82. Longs need stops below 1279.Holding above 1310 tests resistance at 1312/13. Although this is the main challenge for bulls today it is not very strong & we are certainly not overbought so shorts are risky. A break above 1314 is...Read More
"Video Interview - White Gold Chief Technical Advisor Shawn Ryan: The Source of the Placer Gold in Yukon https://t.co/aIVR0Zy6Ho @WhiteGoldCorp #gold #yukon #investing"Read full newsRead More
South African gold production shrank for a 17th straight month in February, the longest string of contractions since the financial crisis.Gold output fell 21 percent from a year earlier compared with a revised 23 percent drop in January, Pretoria-based Statistics South Africa said in a statement on its website Thursday. Production contracted for 29 months through January 2009.Key InsightsSouth Afr...Read More
West Africa-focused gold miner Avesoro Resources (TSX, AIM:ASO) disappointed investors after reporting Thursday a steep drop in first quarter gold production, with performance missing board targets.The Canadian gold producer churned out 45,098 ounces of the precious metal in the first three months of 2019, flat quarter-on-quarter, but 34% lower than in the same period a year earlier.Avesoro churne...Read More
West Africa-focused gold miner Avesoro Resources (TSX, AIM:ASO) disappointed investors after reporting Thursday a steep drop in first quarter gold production, with performance missing board targets.The Canadian gold producer churned out 45,098 ounces of the precious metal in the first three months of 2019, flat quarter-on-quarter, but 34% lower than in the same period a year earlier.Avesoro churne...Read More
West Africa-focused gold miner Avesoro Resources (TSX, AIM:ASO) disappointed investors after reporting Thursday a steep drop in first quarter gold production, with performance missing board targets.The Canadian gold producer churned out 45,098 ounces of the precious metal in the first three months of 2019, flat quarter-on-quarter, but 34% lower than in the same period a year earlier.Avesoro churne...Read More
Apr 09, 2019 (TheNewswire.ca via COMTEX) -- (via TheNewswire) VANCOUVER, CANADA / TheNewswire / April 9th, 2019 - Sitka Gold Corp. SIG (the...Read full newsRead More
Smart Social Media Automation. Automatically share RSS feeds to Facebook, Twitter, LinkedIn, Pinterest and more.Read full newsRead More
Vancouver, BC - Peekaboo Beans Inc (CSE:BEAN | OTCQB:PBBSF) (the "Company" or "Peekaboo Beans"), is pleased to announce the grand opening celebration of its flagship location on Sunday, April 14, 2019. The event will host some of Canada's biggest influencers and entertainers, along with contests and activities throughout the day.Peekaboo Beans' celebration will run from 11:00AM to 5:00PM at t...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average ended slightly higher after the release of the Fed's March meeting minutes. Delta Air Lines (DAL - Get Report) beat Wall Street's first-quarter earnings expectations. The stock rose 1.6%. Apple (AAPL - Get Report) ended up after the tech giant received another downgrade from analysts at HSBC.Wall S...Read More
Base metals prices on the London Metal Exchange were mostly lower at the close of trading on Wednesday April 10, with three-month lead prices down by 1.5% while zinc was the only metal trading in positive territory. Volumes were thin over the day's trading, with copper's 12,735 lots topping the complex by the close, while a marginal uptick in the dollar index back above the psychologically signifi...Read More
A pick up in demand has effected universal upward pressure on nickel premiums in the United States, with increased liquidity in the European full-plate market pushing premiums up, while all Chinese premiums were trading flat amid the closed import window.Premiums tick up in fairly brisk US tradeUS premiums moved up for both nickel briquettes and 4x4 cut-cathodes in a busy domestic spot market, wit...Read More
Fastmarkets' alumina index fob Australia dropped 2% on April 10 from the previous day, due to a slight easing of tightness in the market. The daily fob Australia alumina index fell to $402 per tonne on Wednesday April 10 from $411.29 per tonne the previous day and 3.6% lower week on week from $417.29 per tonne. Key drivers Index pushes lower after a deal for Australian alumina was concl...Read More
PDAC 2019 - The World's Premier Mineral Exploration & Mining Convention - attracted 25,843 attendees from around the world this year. It was an opportune time to meet with key personnel from a number resource companies. Here are the Corporate Presentations from resource companies that we met with: Appia Energy Corp. (CSE: API; OTCQB: APAAF)Appia is a clean energy company. Exploring and devel...Read More
Here are five Fastmarkets MB stories you might have missed on Wednesday April 10 that are worth another look.Electric vehicles will shift to using solid-state batteries using lithium metal in the long term, but requisite developments in the manufacturing process mean batteries with liquid electrodes will remain in use until at least the late 2020s, DCDB Group managing partner Emily...Read More
Fastmarkets' alumina index fob Australia dropped 2% on April 10 from the previous day, due to a slight easing of tightness in the market. The daily fob Australia alumina index fell to $402 per tonne on Wednesday April 10 from $411.29 per tonne the previous day and 3.6% lower week on week from $417.29 per tonne. Key drivers Index pushes lower after a deal for Australian alumina was concl...Read More
Zambian villagers will be able to pursue mining giant Vedanta Resources in the United Kingdom in a case involving lost income due to water pollution, the UK Supreme Court decided in a ruling on Wednesday April 10. The Supreme Court dismissed an appeal from Vedanta Resources and its Zambian subsidiary Konkola Copper Mines (KCM) that would have ensured the case proceed in Zambia, a company statement...Read More
Electric vehicles will shift to using solid-state batteries using lithium metal in the long term, but requisite developments in the manufacturing process mean batteries with liquid electrodes will remain in use until at least the late 2020s, according to Emily Hersch, managing partner of DCDB Group. "The practical reality of how [solid-state technology] goes from laboratory to supply isn't so much...Read More
Key data from the Wednesday April 10 pricing session in Europe.Key driversThe European ferro-titanium price moved up in the past week, while scrap markets also increased amid firm fundamentals that have fueled a price rally since March. Current business conditions are expected to persist through April and into May. There were reports that a major German steelmaker booked 150 tonnes of alloy for sh...Read More