BILLINGS, Mont. (AP) - A gold exploration proposal near Yellowstone National Park faced a significant setback as a judge blamed Montana officials for understating the potential for mining to harm land, water and wildlife.Read full newsRead More
A Mai Mai militia attacked Banro Corp's east Congo Namoya gold mine with rifle and artillery fire on Thursday, a Banro geologist at the mine said, killing five people and wounding several others in the second attack on the mine in less than a year.Read full newsRead More
Carube Copper Corp. (TSXV:CUC) is pleased to report the appointment of three new directors at its Annual General and Special Meeting (Read full newsRead More
A man armed with a pistol walked into an Oklahoma City restaurant Thursday night and opened fire.Two customers were wounded before the suspect was shot dead by two armed citizens in the parking lot.Police are still investigating the incident, but so far they are not sure what prompted the shooting, which occurred around 6:30 p.m. Thursday at Louie's On The Lake, on Lake Hefner.The shooter, 28-year...Read More
Rare CommodityModern economists are prone to shouting fire in a crowded theater. The world is full of seeming incongruences. Economists puzzle over things like population growth and arable acres of farmland. They project out a linear scenario of increasing divergence, and see a catastrophe in the making. Professional scaremonger Thomas Robert Malthus, one in a long line of scarcity prophets w...Read More
Via Sovereignman.comLast June, in one of the most egregious displays of economic insanity, Argentina was able to raise $2.75 billion by selling bonds with a ONE HUNDRED YEAR maturity.Even more miraculously, the bond turned out to be wildly popular with investors.So basically investors willingly forked over billions of dollars to a country that has a history of defaulting on its debt, confiscatin...Read More
Stocks rebounded slightly on Wednesday following the Fed FOMC minutes. Initially, the stock market was down 150 points or more but, whenever the Fed is making statements or having FOMC meetings, the government seems to step in to stabilize any emotional impact from its statements to neutralize the markets.The Fed said it would be content to let inflation briefly run above its 2% target as the econ...Read More
Provincial Panel Discussion: "The British Columbia Advantage: An Alliance Between Government, First Nations and Industry for Mineral Exploration and Mining". Recorded live at the Canadian Mining Symposium in London on April 24, 2018.Moderator: Richard Quarisa, Staff Writer, The Northern Miner.Panelists: Dave Nikolejsin, Deputy Minister, Province of British Columbia; Walter Coles Jr., President and...Read More
ASX-listed Pacton Gold has nearly doubled its land position in Australia's Pilbara area with the acquisition of Drummond East.Read full newsRead More
Stakeholder Gold Corp. (TSXV:SRC) (Read full newsRead More
Please Note: There will be no Gold Seeker Reports next week. CloseGain/LossOn WeekGold $1300.40-$4.00+0.67%Silver$16.50-$0.16+0.43%XAU83.48-1.07%+1.73%HUI180.20-1.14%+1.38%GDM623.06-1.05%+0.65%JSE Gold977.99-15.03-3.44%USD94.20+0.43+0.57%Euro116.61-0.62-0.91%Yen91.48-0.18+1.09%Oil$67.88-$2.83-4.77%10-Year2.928%-0.044-4.47%Bond143.875+1.09375+1.88%Dow24753.09-0.24%+0.15%Nasdaq7433.85+0.13%+1.0...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort189,67798,72055,606203,101318,676448,384473,002Change from Prior Reporting Period -11,791-10,305-9,7137,1764,662-14,328-15,356Traders18682855150277182 Small Speculators LongShortOpen Interest 54,55829,940502,942 -2,688-1,660-17,016 non reportable positionsChange from the previous...Read More
Turkey's election angst, geopolitical risk and collapse of the lira is driving up demand for goldTurkish lira has collapsed versus gold and now the lowest on record (see chart)Significant demand for gold coins in Turkey and central bank has repatriated gold and added to gold reserves"Having the gold physically at home allows countries to feel like they are in control of their reserves" Dr Brian...Read More
Trump is using Chanakya Neeti called "Saam, Daam, Daand, Bheed" on North Korea issues. This means first negotiate, if negotiate does not work then buy him, if buying does not work then threaten him, if threatening also does not work, then use a divide and rule policy. The last resort is an armed conflict. Lessons from Libya have been learnt by North Korea. China and Russia its neighbors are ther...Read More
First Quantum Minerals verabschiedet sich von Northern Dynasty und PebbleRead full newsRead More
The AMCU is claiming that the company could have prevented three of its employees from being injured during a seismic event at one of its mines.Read full newsRead More
First Quantum has backed out of an option agreement on Northern Dynasty's Alaska-based Pebble asset, leaving the project's future in question.Read full newsRead More
London-listed Vedanta Resources hopes to restart its copper smelter in a southern Indian city and still wants to double its capacity despite protests demanding its closure that killed 13 people this week, a company executive told Reuters on Friday.The company's position comes a day after the state of Tamil Nadu, where the smelter is located, said it was seeking a permanent closure of the plant due...Read More
Labrador Gold (TSXV: LAB) announced today that it is staking additional 92 claims at the Hopedale project, located 30 kilometres southwest of the community of Hopedale in eastern Labrador, Canada.In detail, the claims are situated at the northern end of the Florence Lake greenstone belt, which is adjacent to the Thurber Dog area where the company has reported grab samples up to 7.87 g/t gold and w...Read More
Safe-haven buying triggered by US President Donald Trump's decision to call off a meeting with North Korea pushed gold back above this critical level.Read full newsRead More