Recent News

Palladium Bullion Surges 17% In 9 Days On Russian Supply Concerns

April 19, 2018 /

Palladium bullion has surged a massive 17% in just nine trading days. From $895/oz on Friday April 6th to over $1,052/oz today (April 19th). The price surge is due to palladium being due a bounce after falling in the first quarter and now due to Russian supply concerns.In a volatile month, precious metals and commodities have been the clear winners so far, with palladium having the greatest gains...Read More

Canadian miner sees future in graphite

April 19, 2018 /

Cranbrook-based Eagle Plains Resources (TSX-V: EPL) announced today that it has acquired, by staking, the 711-hectare Slocan Graphite Project, located 32 kilometres northeast of Nelson, British Columbia.According to the company, the property hosts several large flake graphite-bearing outcrops and float occurrences known as the Tedesco Zone. Results from carbon graphite analyses ranged in grade fro...Read More

Adventus and Salazar Announce Initial 2018 Results at the Curipamba Project, Including 10.35 Metres of 3.85% Copper, 5.12 g/t Gold, 10.34% Zinc, 139 g/t Silver and 0.95% Lead

April 19, 2018 /

TORONTO, Apr 19, 2018 (Canada NewsWire via COMTEX) -- Adventus and Salazar Announce Initial 2018 Results at the Curipamba Project, Including 10.35 Metres of 3.85% Copper, 5.12 g/t Gold, 10.34% Zinc, 139 g/t Silver and 0.95% Lead Adventus Zinc Corporation ("Adventus") (ADZN) and Salazar Resources Limited ("Salazar") (SRL) are pleased to announce the first drill holes from the 2...Read More

Anaconda intersects 11.27 g/t gold over 13.5 metres at Goldboro

April 19, 2018 /

Goldboro Location MapAnaconda Mining Inc. (ANX-TSX, ANXGD-OTC), on Thursday released more drilling results from the company's Goldboro Project in Nova Scotia.Anaconda shares rallied on the news, rising 4.05% or $0.015 to 38.5 cents in late morning trading, Thursday.The latest results include assays from five drill holes (1,621 metres) of a 30-hole program that commenced in October 2017. The drill...Read More

Silver Gold Ratio... Set To "Spring" Precious Metals Higher?

April 19, 2018 /

Metal heads have been very patient in 2018 as Gold continues to press up against breakout resistance.One thing that has been missing is Silver strength... but yesterday's big move by Silver may be the lift that precious metals need.During bull markets for precious metals, silver tends to lead. Similar to small caps, it adds "beta" when bulls are in control. To measure this aspect, investors can lo...Read More

Gold Prices Rise With Fed References on the Horizon

April 19, 2018 / - Gold prices moved higher on Wednesday, as the dollar saw little movement and investors looked ahead to references from the Federal Reserve.Comex gold futures gained $6.40, or around 0.5%, at $1,355.90 a troy ounce by 10:32AM ET (14:32GMT), while the U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, slipped 0.04...Read More

Silver Is Preparing To Surprise

April 19, 2018 /

Silver is a stubborn metal.A $16-17 range.Watch out above.Gold will lead, and silver will take the baton.A bubbling bullish volcano.The price of silver has gone to sleep, and the precious metal is like a hibernating polar bear in summer these days. However, anyone who has bought or sold silver since the late 1970s knows that when the metal awakens, it can be a bucking bronco like no other. Silver...Read More

Auryn signs long-term access deal for Sombrero claims

April 17, 2018 /

Mr. Ivan Bebek reportsAURYN INITIATES WORK AND EXPANDS LAND POSITION AT THE SOMBRERO GOLD AND COPPER PROJECTAuryn Resources Inc. has completed a long-term access agreement with the Huancasancos community which covers approximately half of the 2016 Sombrero claims located in southern Peru. The agreement gives Auryn surface access where exploration programs are under way in anticipation of an initia...Read More

Gold Just Got A New Safe-Haven Support

April 16, 2018 /

Conflict with Syria should bolster gold's safe-haven demand.Silver has lagged, but is not a major factor for gold right now.Oil price strength is pointing to higher gold prices intermediate term.As if investors don't have enough incentives for safety purchases of the yellow metal, they just got another one over the weekend. The U.S.-led air strike on Syria in retaliation for the apparent use o...Read More

Gold Will See New Highs After Markets Get Past Hawkish Fed Outlook - TD Securities

April 16, 2018 /

(Kitco News) - The recent positive gold price action has been restrained by a hawkish Federal Reserve outlook, said TD Securities in a report.“International tensions, a somewhat weaker USD and volatility in equities have taken gold as high as $1,365/oz this week. But, the yellow metal has yet to emerge from a tight trading range in the face of several expected increases in the Fed Funds rate...Read More

Barrick Gold Reports Low Gold Production For The First Quarter 2018

April 17, 2018 /

Barrick Reports Preliminary First Quarter Production Results last week.Gold Production for the first-quarter 2018 is disappointing even so it is still within guidance. Preliminary first-quarter production of 1.05 million ounces of gold, and 85 million pounds of copper.I recommend accumulating the stock on any weakness, especially at or under $12.50. Source: Barrick Gold Investment Thesis Barrick G...Read More

Gold Prices Swing between Small Gains and Losses

April 17, 2018 / - Gold prices swung between small gains and losses on Monday despite heightened geopolitical risk as markets assessed the fallout from U.S.-led missile strikes on Syria on Friday.Gold futures for June delivery on the Comex division of the New York Mercantile Exchange edged up 60 cents or 0.04% to $1,348.50 a troy ounce by 04:40 AM ET (08:40 AM GMT).Safe haven demand for gold was held...Read More

ASIAN MORNING BRIEF 17/04: Aluminium prices continue to rise; LME allowing open Rusal positions until June 5; Vale's copper output falls in Q1

April 17, 2018 /

The latest news and price moves to start the Asian day on Tuesday April 17.Aluminium on the London Metal Exchange continued its record-breaking rally by the close of trading on Monday April 16, soaring to a high of more than $2,400 per tonne ahead of the 5pm close. Read more in our live futures report.Here are how prices looked at Monday's close:The London Metal Exchange will allow open posit...Read More

Gold Prices Drop As Markets Focus On Russia's Possible Syria Strike Retaliation

April 15, 2018 /

(Kitco News) - Gold began to decline as soon as Asian markets opened early on Monday, with traders waiting for possible retaliatory moves from Russia after U.S., France, and Britain launched air strikes on Syria over the weekend.Spot gold on was last trading at $1,340.20, down 0.38% on the day, while Comex June gold futures were at $1.343.40, down 0.33% on the day.One hundred and five mi...Read More

Why Gold Mining ETFs Are Rallying

April 15, 2018 /

Inside a few reasons that explain the recent rally in gold mining ETFs.Read full newsRead More

The Full Story Behind China's Gold Mine-Power Plant Swap in Tajikistan

April 15, 2018 /

The swap is the culmination of a longstanding agreement that began almost a decade ago.Read full newsRead More

Gold gaining as war drums beat louder

April 15, 2018 /

As a general rule, the most successful man in life is the man who has the best informationGold's safe haven status was tested this week as Donald Trump's economic war threatens to turn into a shooting war, with a number of global flash points getting hotter. At the time of this writing the precious metal moved from a close of $1325.69 an ounce on April 5 to $1337.90 on April 12, dipping on Thursd...Read More

Pure Gold Mining : Intersects 28.2 g/t Gold Over 7.0 Metres at Madsen

April 12, 2018 /

VANCOUVER, British Columbia, April11, 2018 -- Pure Gold Mining Inc. is pleased to announce that underground drilling continues to reinforce the current resource and expand the mineralized zones... | avril 11,2018Read full newsRead More

Gold Prices Give Up Gains on Stronger Dollar Amid Easing Syria Conflicts

April 13, 2018 / – Gold prices gave up its earlier gain amidst the mounting Syria conflict threat as the dollar recovered after trading around this week’s lowest range earlier in the day.Gold Futures for June delivery on the Comex division of the New York Mercantile Exchange was down $7.1, or 0.52%, to $1,352.8 a troy ounce by 1:13AM ET (05:13 GMT).The U.S. dollar index that tracks the gr...Read More

Pure Gold Improves Its Madsen Gold Project

April 12, 2018 /

A few days ago Pure Gold released new data on its flagship Madsen gold project.In my opinion, this data should have a positive impact on the project's economics.In this article I discuss the way a decent mining company is developing its gold project.A few days ago Pure Gold (OTCPK:LRTNF), a gold development company, released new data on its Madsen gold project. In my opinion, this data should...Read More