U.S. President Donald Trump announced on Tuesday that the United States is officially walking away from the 2015 Iranian nuclear accord, also known as the Joint Comprehensive Plan of Action (JCPOA).As Anti-Media has already outlined, it appears that right from the get-go, it was the United States that implemented this agreement in bad faith - not Iran. To put it bluntly, the United States is t...Read More
Stocks Gently Rise on Low InflationThe stock market held onto recent price gains through the first full week of May, after the Labor Department reported that inflation was tamer than expected. In the month of April, consumer prices showed a small increase, with the consumer price index rising by 0.2% compared to expectations of 0.3%.Remember, this popular measure of inflation excludes energy and f...Read More
U.S. President Donald Trump announced on Tuesday that the United States is officially walking away from the 2015 Iranian nuclear accord, also known as the Joint Comprehensive Plan of Action (JCPOA).As Anti-Media has already outlined, it appears that right from the get-go, it was the United States that implemented this agreement in bad faith - not Iran. To put it bluntly, the United States is t...Read More
CloseGain/LossOn WeekGold $1318.90-$1.70+0.37%Silver$16.67-$0.05+1.03%XAU83.86+0.07%+1.77%HUI182.24-0.06%+0.47%GDM639.91-0.00%+1.16%JSE Gold1068.30+8.70-4.19%USD92.54-0.12-0.06%Euro119.44+0.19-0.11%Yen91.47+0.13-0.28%Oil$70.70-$0.66+1.41%10-Year2.970%+0.003+0.85%Bond143.21875+0.03125-0.22%Dow24831.17+0.37%+2.34%Nasdaq7402.88-0.03%+2.68%S&P2727.72+0.17%+2.41% The Metals: Gold gained $5.30 t...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort198,54891,10857,613181,586316,570437,747465,291Change from Prior Reporting Period -11,029-11,690-8,5431,8514,963-17,721-15,270Traders18783864953282184 Small Speculators LongShortOpen Interest 53,65126,107491,398 1,363-1,088-16,358 non reportable positionsChange from the previous...Read More
Global demand for gold is increasing while new discoveries of gold remain small Gold mining output in Australia is forecast to decrease by 50% in the next eight years Decline in global gold mining supply makes a price increase almost certainGold nugget (placer gold) from Colorado, USA. Source: Commons.wikimedia.orgby Lawrence Thomas, Gold TelegraphThe demand for gold is increasing, yet new di...Read More
Do prices create (market) "sentiment"? Or, does this sentiment generate prices? Investors will line up on both sides of that causal debate. For those investors who think that prices create sentiment, they might be especially interested in activity on the Stockhouse Bullboards over the past week.Th...Read full newsRead More
Barrick Gold has agreed to increase its stake in Midas Gold to 20 percent and join forces to develop the Stibnite Gold project in Idaho.Read full newsRead More
The government of the Canadian province of British Columbia and the Nisga'a Nation signed an agreement today that ensures that the latter receives a share of the mineral tax revenue collected from the Brucejack Gold Mine.The project, owned and operated by Pretium Resources (NYSE:PVG), is an underground mine that has been operational since April 2017. It is located 65 kilometres north of the town o...Read More
Votorantim SA, one of Brazil's biggest diversified industrial groups, on Friday reported net income of 150 million reais ($42 million) in the first quarter, compared with a loss of 546 million reais a year ago, due in part to higher metal prices.In a statement, Votorantim said profit was also boosted by sales growth in its aluminum and cement businesses, as well as higher net income from wood pulp...Read More
Votorantim SA, one of Brazil's biggest diversified industrial groups, on Friday reported net income of 150 million reais ($42 million) in the first quarter, compared with a loss of 546 million reais a year ago, due in part to higher metal prices.In a statement, Votorantim said profit was also boosted by sales growth in its aluminum and cement businesses, as well as higher net income from wood pulp...Read More
Nevada Sunrise (TSXV:NEV) announced today that it will make an application to the TSX Venture Exchange (theRead full newsRead More
NorthIsle Copper and Gold (TSXV:NCX)("Northisle" or the "Company") and Freeport-McMoRan Mineral Properties Canada Inc. ("Freeport") have agreed to an initial work plan and budget for Northisle's wholly-owned Pemberton Hills Property located on Vancouver Island, in British Columbia.Read full newsRead More
NEW DELHI, May 11 (Reuters) - India's thermal coal imports rose by more than 15 percent in the first three months of 2018, with Indonesia accounting for about three-fifths of total supplies, according to vessel arrival data from Dubai-based coal trader American Fuels & Natural Resources.India's rising coal imports are contributing to higher demand across Asia this year, which has pushed benchmark...Read More
PARIS, May 11 (Reuters) - Louis Dreyfus Company said on Friday it had completed the sale of its metals business to a Chinese investment fund for $466 million, as part of a push to revive profits by focusing on its core agricultural markets.Louis Dreyfus announced in December an agreement to sell LDC Metals to NCCL Natural Resources Investment Fund, without disclosing financial details.The metals b...Read More
Mr. Jim Payne reportsDYNACERT OFFICIAL LAUNCH OF HYDRAGENTECHNOLOGY IN MIDDLE EASTDynaCERT Inc. has provided an update. Middle East Following the global launch of DynaCERT new HydraGEN products at the TruckWorld trade show in Toronto (please see press release of April 20, 2018), DynaCERT is fostering its global recognition in carbon emission reduction technology with its launch of HydraGEN in Dub...Read More
Exploration company needed to read Ethiopia's mining code more closelyRead full newsRead More
Employees might tell you they care more about work-life balance than salary, but what really motivates them?The results of the latest MPi poll suggest the signals mining employees send employers about their expectations for pay and conditions can be dangerously misleading - and salary is more important right now than you might think.A series of recent polls conducted via the Mining People Polling...Read More
Story by Jeff Desjardins When it comes to conversations on energy, it's hard to leave your feelings at the door.It's arguable that energy is the single most important driver of human progress - it's a multi-trillion dollar industry that powers our daily lives, technological advancements, and even the economic development of entire countries. At the same time, our choices around energy can have si...Read More
Mr. Peter Grosskopf reportsSPROTT ANNOUNCES 2018 FIRST QUARTER RESULTS Sprott Inc. has provided its financial results for the three months ended March 31, 2018. Financial overview for the quarter ended March 31, 2018:Assets under management (AUM) were $11.6-billion as at March 31, 2018, compared with $7.3-billion as at Dec. 31, 2017.Total net revenues (net of commission expenses, trailer fees, sub...Read More