May 11, 2018 (Investorideas.com Newswire) CIBC reviewed this mid-tier company's Q1/18 results.In a May 7 research note, CIBC analyst David Haughton reported that IAMGOLD Corp. (IMG:TSX; IAG:NYSE) "continued the recent positive operating momentum with strong Q1/18 results, and these good results should be well received."The miner's adjusted earnings per share for the quarter were $0.09, higher than...Read More
Via Sovereignman.comIn 1923, a young Jewish immigrant from a small town in modern-day Ukraine founded a candy company in Brooklyn, New York that he called "Just Born".His name was Samuel Bernstein. And if you enjoy chocolate sprinkles or the hard, chocolate coating around ice cream bars, you can thank Bernstein- he invented them.Nearly 100 years later, the company is still a family-owned business,...Read More
May 11, 2018 (Investorideas.com Newswire) Edward Sterck, an analyst with BMO Capital Markets, discussed the implications of its recent suspension of shipments for this Chilean firm in the short and medium term.In a May 8 research report, analyst Edward Sterck with BMO Capital Markets relayed that Antofagasta Plc (ANTO:LSE) has resolved the blocked concentrate pipeline at Los Pelambres that caused...Read More
Colorado School of Mines celebrated its Spring 2018 Undergraduate Commencement on May 11, conferring a total of 910 bachelor's degrees as it welcomed its newest class of graduates into the Oredigger alumni community. At the ceremony, held at Marv Kay Stadium at the Harold M. and Patricia M. Korell Athletics Center, 16 outstanding students representing each of Mines' academic departments recei...Read More
In the middle of Idaho, there's a historic mining area that produced huge amounts of gold for 100 years before being abandoned in the 1990s.They thought it was dried up. They thought it was kicked. They thought it was done.They thought wrong.One small company (It trades for less than $1.00 a share!) trekked out there. It applied for the permits, it put in the work, and what it found was astonishin...Read More
Via Sovereignman.comIn 1923, a young Jewish immigrant from a small town in modern-day Ukraine founded a candy company in Brooklyn, New York that he called "Just Born".His name was Samuel Bernstein. And if you enjoy chocolate sprinkles or the hard, chocolate coating around ice cream bars, you can thank Bernstein- he invented them.Nearly 100 years later, the company is still a family-owned business,...Read More
Mr. Anthony Makuch reportsKIRKLAND LAKE GOLD ENTERS INTO AGREEMENT TO ACQUIRE SHARES OF NOVO RESOURCES CORP.Kirkland Lake Gold Ltd.has entered into a share purchase agreement with Artemis Resources Ltd. to acquire four million common shares of Novo Resources Corp. at a price of $5 per share for a total purchase price of $20-million. The Acquisition is scheduled to close on or before May 31, 2018.C...Read More
CloseGain/LossGold $1320.60+$8.80Silver$16.72+$0.23XAU83.81+1.74%HUI182.34+1.15%GDM640.58+1.23%JSE Gold1059.60-30.74USD92.66-0.46Euro119.25+0.74Yen91.34+0.13Oil$71.36+$0.2210-Year2.967%-0.038T-Bond143.1875+0.53125Dow24739.53+0.80%Nasdaq7404.97+0.89%S&P2723.07+0.94% The Metals: Gold climbed $10.90 to $1322.70 by midmorning In New York before it pared back heading into midday, but it then ra...Read More
by Claudia Carpenter, BloombergIran's gold demand will probably be "strong" for the next few months and then gradually decline as U.S. sanctions start to take effect, according to the researcher who covers the country for Metals Focus Ltd.After a previous set of sanctions was imposed on Iran in 2012, it took two years for the country's gold demand to start falling, according to data from the Wor...Read More
Other than crude oil, none of the financial markets have reacted to Iran's nuclear deal cancellation news. The Bank of England (BOE) meeting today can provide the impetus for a trend change in currency markets as well as precious metals. Sterling can rise just before the BOE meeting or just after the BOE meeting. However if sterling falls after the BOE meeting gold will also crash. Right now g...Read More
Junior explorer Megastar Development (TSXV: MDV) announced today that it has signed a Definitive Option Agreement with Paradex, a private American mining exploration company, and Minera Zalamera, a private Mexican mining exploration company, to acquire 100% interest in the mineral concessions known as the Rama de Oro project located in the state of Oaxaca, southern Mexico.In a press release, Megas...Read More
The cryptocurrency market has rebounded over the past 24 hours, as the bitcoin (BTC) price gained about 3%, while other major cryptocurrencies such as Ethereum (ETH) and Bitcoin Cash (BCH) recorded bumps in the 3 to 8% range. The current price levels give bitcoin a total market ...Read full newsRead More
In an official event that included Canada's Prime Minister, Justin Trudeau, Qu?(C)bec's Premier, Philippe Couillard, and Apple's CEO, Tim Cook, Alcoa (NYSE: AA) and Rio Tinto (ASX, LON:RIO) announced the launching of Elysis, a joint venture company whose goal is to push towards commercial production a newly discovered, carbon-free aluminum smelting process.At the event, executives from the compani...Read More
The U.S. International Trade Commission said on Thursday it had made a preliminary finding that U.S. producers were being harmed by imports of steel automotive wheels from China.The decision follows an announcement last month by the U.S. Commerce Department that it had opened an investigation to determine if certain steel wheels from China are dumped in the United States and whether producers in C...Read More
No miners were hurt in a fire that broke out on Thursday at Russia's Raspadskaya coal mine, steelmaker Evraz said.Evraz, which controls Raspadskaya, said all miners had been evacuated and that the blaze is thought to have started in the mine's technical equipment.Local authorities in Russia's Kemerovo region, where the mine is located, told Interfax news agency that 195 miners had been working at...Read More
Bitcoin enthusiast Michael Novogratz says every investor should buy cryptocurrencies (File Photo) Earlier today, Galaxy Digital Capital Management and Bloomberg announced the launching of the Bloomberg Galaxy Crypto Index (BGCI). The new index tracks some of the largest virtual currencies t...Read full newsRead More
PR NewswireNEW YORK, May 10, 2018NEW YORK, May 10, 2018 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities,today announced Sailfish RoyaltyCorp. (TSX-V: FISH; OTCQX: SROYF), a yield-focused royalty company...Read full newsRead More
ML Gold Corp (TSXV:MLG) is pleased to announce a non-brokered private placement to raise total gross proceeds of CDN$1,000,000. The Company will issue 4,000,000 non flow-through units at $0.10 per unit (for gross proceeds CDN$400,000) and 5,000,000 flow-through units at $0.12 per unit (for gross proceeds of CDN$600,000). Each non flow-through unit at $0.10 comprises one common share in the capital...Read More
Youga and Balogo addition boost volumesRead full newsRead More
CMX Gold & Silver Corp. (CSE:CXC; OTC:CXXMF) has entered into an option with Elk Exploration Ltd. to acquire 3 Licenses containing 720 acres representing the balance of land located within our Bass River concessions as outlined in the photo below.Read full newsRead More