Gold Resource Corporation (NYSE American:GORO) (the "Company") today announced the timing of its 2018 first quarter earnings conference call scheduled for Wednesday, May 2, 2018.Read full newsRead More
In the just concluded quarter the US just borrowed $488BN in debt: This was the single biggest quarterly amount of debt sold by the US since the record $569BN borrowed in Q4 2008 when the financial system nearly collapsed.Read full newsRead More
Good news for junior bankers at Morgan Stanley: for the first time in 4 years, associated base will increase by 25%, while analysts will be promoted after only two years.Read full newsRead More
CloseGain/LossGold $1314.70-$8.90Silver$16.31-$0.21XAU81.15-2.15%HUI178.47-1.96%GDM622.44-1.81%JSE Gold1104.60+8.93USD91.85+0.34Euro120.84-0.44Yen91.58-0.17Oil$68.47+$0.4710-Year2.935%-0.024T-Bond143.53125+0.34375Dow24163.15-0.61%Nasdaq7066.27-0.75%S&P2648.05-0.82% The Metals: Gold fell $13.40 to $1310.20 at about 10AM EST, but it then rallied back higher into the close and ended with a lo...Read More
Gold and silver will zoom if there is any indication that interest rates will not be hiked in June by the Federal Reserve. Trump trade wars with China and Europe will impact industrial metals more. The Korean peninsula peace will be bearish for gold. There can be profit taking in long US dollar positions before the FOMC meet and April's NFP. Fundamentally gold and silver are bearish as physical...Read More
Mr. Anthony Makuch reportsKIRKLAND LAKE GOLD IDENTIFIES POTENTIAL NEW SOURCE OF GOLD PRODUCTION IN NORTHERN TERRITORY OF AUSTRALIAKirkland Lake Gold Ltd. has released positive drill results at Union Reefs, where the company's processing plant in the Northern Territory is located. The company's Northern Territory operations, including the Union Reefs mill and Cosmo mine, have been on care and maint...Read More
Gold and precious metals investors should not start the day until they have Kitco's Global Trading Director Peter Hug's opinion of the marketplace. Hug's daily commentary highlights important events that happened overnight and important reports to come; he prepares investors for their day by providing important support and resistance price levels.Read full newsRead More
WTI has just broken above $69, and gold back above $1320, following accusations from Israeli PM Netanyahu that Iran had a secret plan to build nuclear weapons...Read full newsRead More
WTI has just broken above $69, and gold back above $1320, following accusations from Israeli PM Netanyahu that Iran had a secret plan to build nuclear weapons...Read full newsRead More
"Norilsk to invest $2.5 billion on environmental issues in next few years. Part of a key broader theme pushing up the cost curve across the board for base metals, particularly #nickelPolluter Norilsk Nickel forced to clean up its act https://t.co/oufgqsMUt5 via @financialtimes"Read full newsRead More
Pacific Ridge Exploration (TSXV: PEX) announced today that it is planning to buy the Spius porphyry copper project, located 40 kilometres southwest of Merritt, British Columbia.In a press release, the Vancouver-based miner whose assets span from Yukon to B.C., said that the Spius property was explored for its porphyry potential in the 1960's and early 1970's. However, most of the records from that...Read More
FTSE 100 close up 7.09 pointsSainsbury-Asda merger deal puts spotlight on supermarketsTesco shares decline as Morrisons risePound turns around and strengthens against the euro Sajid Javid replaces Amber Rudd as Home SecretaryCLOSEShares closed barely in positive territory on Monday, shaving off earlier gains as the pound clawed back some ground against the greenback and rose against...Read More
The Conference Board of Canada is optimistic about the potential behind blockchain technology.It's report noted cautious optimism in adopting blockchain to improve digital services within the Canadian government, but suggested the public sector could use its applications to handle or m...Read full newsRead More
Ethereum (ETH) is the 'real winner' in the cryptocurrency sweepstakes as the blockchain currency revels in a month of repeated price rises. ETH has soared from US$392 on April 1 to stand at US$682 today at press time - a 75 percent increase in 30 days. Ethereum's return to a near US$700 p...Read full newsRead More
Aluminum products maker Arconic Inc slashed its 2018 forecasts for profit and free cash flow on expectations that the price of the metal would remain high this year due to sanctions on Russian supplies and a 10 percent duty on aluminum imports.Shares of the company, which makes aluminum products used in airplanes and trucks, fell 17.8 percent as the company also said high prices squeezed margins a...Read More
Morning Market Breakdown, April 30: While Canadian and American indexes embraced the new week with gains, commodities took a serious tumble.Read full newsRead More
Brixton Metals Corporation (TSXV:BBB) is pleased to announce drill results from its wholly owned Hudson Bay project located in the Cobalt Camp, Ontario, Canada.Read full newsRead More
Signature Resources Ltd. (TSXV:SGU, OTCQB:SGGTF) is pleased to announce that it has received preliminary data from its recently completed survey conducted by Terraquest.A preliminary analysis of the data has determined that it is of high quality.Read full newsRead More
Andalas Energy and Power Plc (LON:ADL) shares were down as the AIM-quoted firm announced a North Sea oil acquisition - picking up a 14% interest in an explorer with a stake in a 2018 well - and at the same time it is raising new equity to fund the deal.It is issuing ?600,000 worth of new shares at a price of 0.017 per share, and additional shares are also being issued as part of the deal consider...Read More
Rusty Hutson, chief executive of Diversified Gas & Oil plc (LON:DGOC), discusses with Proactive's Andrew Scott the company's "remarkable success" in its first year as a public company."We delivered everything we said we would do at the time of our admission to AIM in terms of growing production through acquisition and subsequently provided the company with robust production and increasing cash...Read More