Recent News

Hungary boosts gold reserves 10-fold, citing safety concerns

October 16, 2018 / www.mining.com

Hungary's central bank increased its gold reserves 10-fold, citing the need to improve its holdings' safety, joining regional peers with relatively high ownership in the European Union's east.Following a similar move by Poland, the central bank in Budapest now holds 31.5 tons of the metal, taking the share among total reserves to 4.4 percent, in line with the average in the region, according to a...Read More

Gold Holds Onto Slight Gains Despite U.S. Stock Market Rally

October 16, 2018 / www.kitco.com

(Kitco News) - Gold prices areslightly up and not far below Monday’s 10-week high in early-afternoon U.S.trading Tuesday. The gold bulls are impressed their metal is able to hold gainsamid a solid rally in the U.S. stock market today. December gold futures werelast up $1.80 an ounce at $1,232.50. December Comex silver was last down $0.007at $14.72 an ounce.Thenear-term technical posture for...Read More

Gold Holds Onto Slight Gains Despite U.S. Stock Market Rally

October 16, 2018 / www.kitco.com

(Kitco News) - Gold prices are slightly up and not far below Monday’s 10-week high in early-afternoon U.S. trading Tuesday. The gold bulls are impressed their metal is able to hold gains amid a solid rally in the U.S. stock market today. December gold futures were last up $1.80 an ounce at $1,232.50. December Comex silver was last down $0.007 at $14.72 an ounce.The near-term technical postu...Read More

Dangerous Gold Butte Monument mine shaft entrances being closed

October 16, 2018 / dlvr.it

Using airlifted supplies, a crew is closing the entries to 42 abandoned mines scattered throughout Gold Butte National Monument, plugging some and grating others to allow wildlife to use them as sh...Read full newsRead More

Triumph Gold Announces the Discovery of Two New Gold-Copper Showings And Completion of the 2018 Field Season...

October 16, 2018 / twitter.com

"Triumph Gold Announces the Discovery of Two New Gold-Copper Showings And Completion of the 2018 Field Season @TriumphGoldCorp https://t.co/b5pIOpWIKt"Read full newsRead More

North Bud Farms Provides a Corporate Update -- @Northbudco #NBUD $NBUD #MarijuanaStocks #CSE #BNN #MarijuanaStocks...

October 16, 2018 / twitter.com

"North Bud Farms Provides a Corporate Update -- @Northbudco #NBUD $NBUD #MarijuanaStocks #CSE #BNN #MarijuanaStocks #Potstocks #hemp #CBD #smallcap #cannabis #THC #medicalmarijauna -- Read the News Release here: https://t.co/VOHAvKzuTQ"Read full newsRead More

Searchlight Resources Earns 51% Interest in Bootleg Lake Option

October 16, 2018 / bit.ly

earchlight Resources Inc.(Read full newsRead More

Next Green Wave Holdings Inc. announces proposed acquisition of Loud Seeds -- a High Times Hall of Fame inductee --...

October 16, 2018 / twitter.com

"Next Green Wave Holdings Inc. announces proposed acquisition of Loud Seeds -- a High Times Hall of Fame inductee -- @NextGreenWave #MedicalMarijuana #Cannabinoid #NextGreenWave #Cannabis #California #MedicinalMarijuana -- Read the News Release here: https://t.co/hlRpVDaPgj"Read full newsRead More

Copper smelter hits cause physical squeeze in Asia

October 16, 2018 / www.mining.com

The copper market is currently experiencing a squeeze on physical metal which is unexpected.The London Metal Exchange (LME) price is treading water just above the $6,000 level, struggling to fend off bearish macro funds.Mine supply is doing just fine with a conspicuous absence of disruption this year.Yet, all the tell-tale signs of physical market tightness are there.Global exchange stocks have be...Read More

Copper smelter hits cause physical squeeze in Asia

October 16, 2018 / www.mining.com

The copper market is currently experiencing a squeeze on physical metal which is unexpected.The London Metal Exchange (LME) price is treading water just above the $6,000 level, struggling to fend off bearish macro funds.Mine supply is doing just fine with a conspicuous absence of disruption this year.Yet, all the tell-tale signs of physical market tightness are there.Global exchange stocks have be...Read More

Venzee Launches New Pay-Per-SKU Submission for SMB's Across the Digital Supply Chain

October 16, 2018 / kincommunications.com

Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee"), is pleased announce it has introduced a pay-per SKU submission based revenue model providing Small and Medium Sized Businesses ("SMB's) with more flexible pricing solutions for its entry-level product content distribution productsAs retailers work to expand product selection with "drop ship", "endless aisle"...Read More

U.S. Fed says terminates 2013 enforcement action against RBS group for sanctions lapses

October 16, 2018 / www.kitco.com

WASHINGTON (Reuters) - The U.S. Federal Reserve said on Tuesday that it terminated a 2013 enforcement action against Royal Bank of Scotland Group (RBS.L) for sanctions lapses in its foreign operations.Between 2005 and 2009, the bank processed around $34 million in wire transfers that violated sanctions against Sudan, Iran, Cuba and Myanmar, the Treasury Department said in December 2013.The Fed sai...Read More

Siyata Mobile Receives Multiple Purchase Orders Valued at Over $1.3 Million

October 16, 2018 / kincommunications.com

Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata"), is pleased to announce the Company has received multiple purchase orders from leading industry specialists totalling CAD $1.3M, which shows continued significant demand for the Company's devices.The purchase orders have been received for Siyata's various 4G devices using Push-to-Talk Over Cellular...Read More

METALS-Copper slips as trade tensions, rising U.S. rates weigh

October 16, 2018 / www.kitco.com

* China stocks end lower on lean factory gate inflation * GRAPHIC-2018 asset returns: (Adds closing prices)By Maytaal AngelLONDON, Oct 16 (Reuters) - Copper prices slid on Tuesdayamid lean factory-gate inflation data in China and naggingconcerns about global growth, trade tensions and rising U.S.interest rates.Chinese stocks fell overnight after data showed factory-gateinflation in the world's top...Read More

Oil steady as growth in U.S. supplies faces lower Iran exports

October 16, 2018 / www.kitco.com

NEW YORK (Reuters) - Oil prices were little changed on Tuesday as concerns about tightening global supplies ahead of U.S. sanctions on Iran faced higher U.S. shale production and inventories.The disappearance of a Saudi Arabian journalist Jamal Khashoggi in Turkey has also strained U.S.-Saudi ties and provoked international outcry and fears that supplies from the world’s top crude exporter m...Read More

Algold Reports More High-Grade Drill Results at Tijirit @AlgoldResources

October 16, 2018 / bit.ly

Algold Resources Ltd. (TSXV:ALG) ("Algold" or the "Corporation") today announced a new series of assay results from drilling carried out in July and August 2018 on the priority targets of Salma Vein System ("SVS"), Eleonore and Sophie located within the Corporation's Tijirit Project in Mauritania. Read full newsRead More

Orsu Metals Hits High Grade Gold and Silver Shoots in the West of Zone 23, Sergeevskoe Gold Project, Russia...

October 16, 2018 / twitter.com

"Orsu Metals Hits High Grade Gold and Silver Shoots in the West of Zone 23, Sergeevskoe Gold Project, Russia https://t.co/eYvX73KyRt #OrsuMetals $OSU #mining #Russia"Read full newsRead More

Italy talks up its expansionary budget as clash with EU looms

October 16, 2018 / www.kitco.com

ROME (Reuters) - Italian Prime Minister Giuseppe Conte said on Tuesday he was proud of his government’s freshly approved expansionary budget while the European Commission warned it may run into opposition from euro zone partners.Italy’s governing coalition of the right-wing League party and anti-establishment 5-Star Movement vow not to backtrack, saying their big-spending plan is neede...Read More

Walmart warns investors it will 'test a lot and fail a lot;' cuts profit forecast

October 16, 2018 / www.kitco.com

(Reuters) - Walmart Inc’s (WMT.N) chief executive officer on Tuesday urged investors to rethink the company’s business, touting its various tech investments to grow online sales at a time it is battling Amazon.com (AMZN.O) for market share.The retailer also lowered its earnings forecast for the year and said its e-commerce growth next year would be slower than in the current fiscal yea...Read More

Stocks Sprint Higher on Big-Cap Earnings, Jobs Data

October 16, 2018 / www.schaeffersresearch.com

Dow stocks Goldman Sachs and UnitedHealth are both higher after earningsThe Dow Jones Industrial Average (DJI) is up more than 350 points, on track for its best day in two months, thanks to some strong earnings reports from blue-chips Goldman Sachs (GS) and UnitedHealth (UNH). The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are sporting impressive gains, too, powered by a bouncing tech sector...Read More

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