South African gold producers signed Thursday a class action settlement with law firms representing thousands of miners who contracted the fatal lung diseases silicosis and tuberculosis while working for them.The 5 billion rand-settlement (about $400 million at today's exchange rate), reached following three years of negotiations, puts an end to the country's largest and most expensive class acti...Read More
Yamana Gold (TSX:YRI)(NYSE:AUY) announced today that gold production exceeded its plan for the first quarter of 2018.In a media statement, management detailed that gold equivalent ounce production from Yamana mines for the first quarter was 211,246, including 199,555 ounces of gold and 899,261 ounces of silver. Total attributable gold production was 248,088 ounces of gold, including attributable p...Read More
The arms race has started: deep fakes versus tech that exposes them. The only problem is that the technology that will supposedly tell us what is real and what is not… was created by DARPA.DARPA (Defense Advanced Research Projects Agency) is the government agency responsible for the developing things like killer robots, artificial intelligence, swarms of tiny drones, and even experiments wit...Read More
The arms race has started: deep fakes versus tech that exposes them. The only problem is that the technology that will supposedly tell us what is real and what is not… was created by DARPA.DARPA (Defense Advanced Research Projects Agency) is the government agency responsible for the developing things like killer robots, artificial intelligence, swarms of tiny drones, and even experiments wit...Read More
The Atacama Desert has drawn a lot of investment attention in recent years with the Lithium Triangle's domination of the global lithium market.Read full newsRead More
GREAT PANTHER SILVER LIMITED (TSX:GPR) (NYSE American:GPL) ('Great Panther'; or the 'Company') today reported financial results for the Company's three months ended March 31, 2018.Read full newsRead More
In this interview, Peter Hug, Director of Kitco's Precious Metals Division, shares regarding his approach to trading and investing in precious metals. Peter...Read full newsRead More
Cache Exploration (TSXV:CAY) is pleased to report that the TSX Venture Exchange has approved the Company's purchase of a 100%-interest in the Deep Lake Project located near Saint John, New Brunswick in consideration of the issuance of 800,000 common shares of Cache to Horizon Cobalt Corporation.Read full newsRead More
CloseGain/LossGold $1304.50-$0.60Silver$16.37+$0.20XAU81.92+0.61%HUI180.59+0.78%GDM624.96+0.28%JSE Gold1154.73+50.13USD92.81+0.34Euro119.41-0.53Yen91.20-0.03Oil$67.81+$0.5610-Year2.976%+0.007T-Bond143.0625-0.09375Dow23924.98-0.72%Nasdaq7100.90-0.42%S&P2635.67-0.72% The Metals: Gold gained $6.50 to $1311.60 in Asia before it dropped back to $1304.10 in midmorning New York trade and then jum...Read More
Gold fell to a six-week low as the dollar strengthened ahead of a Fed policy meeting, causing the yellow metal to break through key support levels.Read full newsRead More
Bitcoin (BTC) has shrugged off yesterday's negative results to claw back above the US$9K mark. Bitcoin began April at US$6,816, but started May at $9,067 - a rise of US$2,251 - making it the best month of 2018 for any crypto. Bitcoin is currently up on the day at US$9,113.70, a bump of ...Read full newsRead More
Yamana Gold (TSX:YRI)(NYSE:AUY) announced today that gold production exceeded its plan for the first quarter of 2018.In a media statement, management detailed that gold equivalent ounce production from Yamana mines for the first quarter was 211,246, including 199,555 ounces of gold and 899,261 ounces of silver. Total attributable gold production was 248,088 ounces of gold, including attributable p...Read More
FTSE 100 gains 23 pointsUK Construction PMI beats expectationsHousebuilding shares stay weakPound lifts off a 4 month lowThe FTSE 100 rose for the fifth session in a row on Wednesday, helped by a recovery in metal prices.The FTSE 100, chock-full as it is with mining companies, rose 23 to close at 7,543.Steel giant Evraz plc (LON:EVR), up 5.2%, led the advance, followed closely by mining titans Ang...Read More
Morning Market Breakdown, May 2: As the TSX attempted to find gains on Wednesday morning, both the Dow Jones and S&P 500 struggled in the red.Read full newsRead More
Brazil on Wednesday contradicted a United States announcement that the two countries had reached a deal on a permanent exemption from steel and aluminum import tariffs, saying the Trump administration had unilaterally cut off talks.Representatives for Brazil's industry decried U.S. negotiation tactics, which the head of the association for aluminum producers, Milton Rego, called "Al Capone-like.""...Read More
Midatech Pharma Plc (LON:MTPH) (NASDAQ:MTP) shares doubled in price in late afternoon trading on Wednesday, adding 24.5p to 49p amid excitement over takeover moves in the biotech sector and on vague rumours of positive trial results, according to traders.The AIM-listed specialty pharmaceutical company - focused on the research and development of a pipeline of medicines for oncology and other thera...Read More
Now this really is a game-changer.In one of the most-anticipated public listings ever in Canadian history, The Green Organic Dutchman (TSX: TGOD, Forum) just commenced trading amid considerable fanfare.Also known as "TGOD", the Ontario-based company is on-track to become the wor...Read full newsRead More
The chairman of En+ Group said on Wednesday he was working on implementing a plan that En+ hopes will lead to the United States lifting sanctions on the company, the biggest shareholder in aluminium giant Rusal.Greg Barker welcomed a decision by the U.S. Treasury on Tuesday to give investors an extra month to divest or transfer their holdings in En+ Group and other sanctions targets.Washington las...Read More
Mongolian Copper Corporation (MCC) is considering international arbitration ahead of an expected government appeal against a court ruling the state's attempt to buy MCC's stake in one of Asia's biggest copper mines is illegal, the company said.The corporation has been fighting for more than a year to stave off the Mongolian government's push to gain full control of the Erdenet mine by buying MCC's...Read More
Dan James, president at Medgold Resources Corp. (CVE:MED), spoke to Proactive's Andrew Scott as a new programme of drilling got underway at the Tlamino gold project in Serbia.An initial programme of 1,250 metres in 11 drill holes will test high-grade gold mineralisation identified from channel sampling in 2017. Meet Peninsula Mines Ltd, Silver City Minerals Ltd and Emmerson Resources Ltd at...Read More