Mining Stocks Articles

COT Gold, Silver and US Dollar Index Report - April 6, 2018

6 April, 2018 / GoldSeek.com

Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort234,67768,08852,011162,608351,473449,296471,572Change from Prior Reporting Period -24,35512,410-11,3855,165-32,330-30,575-31,305Traders18068734757261168 Small Speculators LongShortOpen Interest 43,84521,569493,141 -5,974-5,244-36,549 non reportable positionsChange from the previo...Read More

Jamie Dimon Warns Of Potential 'Market Panic'

6 April, 2018 / GoldCore

- JPMorgan Chase CEO Jamie Dimon sees 'chance of market panic'- In annual letter to shareholders Dimon warns of increased inflation and interest rates- Concerned QE unwinding could cause chaos as 'markets will get more volatile'- Hard to look at the last 20 years in America "and not think that it has been getting increasingly worse."- Positive about US economy over next year, but ignores record...Read More

Buzz on the Bullboards: Getting AHEAD of the News

Fri Apr 06 18:16:07 2018 / Staff reporter

After several years of unprecedented low volatility and with most markets trending upward, global markets have been behaving in a precisely opposite manner in recent weeks. Volatility is back. Markets around the world have been see-sawing erratically.Not only does this imply the need for greater c...Read full newsRead More

Dominican province demands 5% of Barrick's royalty payments

Apr. 6, 2018, 5:14 PM / Valentina Ruiz Leotaud

During a legislative forum organized by the Dominican Republic's Lower Chamber in the city of Cotu?-, which is located in the central province of S??nchez Ram?-rez, residents, community members and activist groups said that the federal government should transfer the province 5 per cent of the royalties it receives from Barrick Gold and that MPs should push for this to happen.Barrick (NYSE, TSX:ABX...Read More

FTSE 100 finishes lower as mining stocks retreat on Chinese tariff fears

17:00 06 Apr 2018 / Giles Gwinnett

FTSE 100 down around 16 at 7,183US jobs report weaker than expectedTrade war rhetoric keeps investors in a nervous stateMining stocks weak after Trump proposes more trade tariffs against ChinaLondon's top-shares index faded in the final furlong to close in the red.The FTSE 100 closed at 7,183, down 16 points, weighed down by weak mining stocks."The calmer reaction to escalating trade tensions on F...Read More

Canadian miner sells cobalt assets in Ontario

Apr. 6, 2018, 4:14 PM / Valentina Ruiz Leotaud

CBLT Inc. (TSXV: CBLT) announced that it will sell two claims in the historic Cobalt-Gowganda silver-cobalt mining district of Ontario to Australian miner Krakatoa Resources (ASE:KTA).In a press release, the Burlington-based company explained that the claims are located peripheral to a cluster of former silver-cobalt mines at Gowganda, 85 kilometres northwest of the town of Cobalt, whose mines ope...Read More

Canadian miner sells cobalt assets in Ontario

Apr. 6, 2018, 4:14 PM / Valentina Ruiz Leotaud

CBLT Inc. (TSXV: CBLT) announced that it will sell two claims in the historic Cobalt-Gowganda silver-cobalt mining district of Ontario to Australian miner Krakatoa Resources (ASE:KTA).In a press release, the Burlington-based company explained that the claims are located peripheral to a cluster of former silver-cobalt mines at Gowganda, 85 kilometres northwest of the town of Cobalt, whose mines ope...Read More

Posh wallpaper comes unstuck for Walker Greenbank

16:11 06 Apr 2018 / Andrew Scott

AIM Journal's Andrew Hore discusses the luxury interior furnishings group Walker Greenbank plc's (LON:WGB) results for the year to the end of January 2018.Hore also talks through AdEPT Telecom plc's (LON:ADT) trading statement released yesterday, AppScatter Group PLC's (LON:APPS) acquisition of German firm Priori Data for ?13.5mln, the recent management changes at ECSC Group PLC (LON:ECSC) as wel...Read More

.@MetalsFocus says the #gold price could reach $1,450 by the end of the year:

Fri Apr 06 16:00:55 2018 / Metals Focus

In a new report, Metals Focus says it sees the gold price hitting $1,450 per ounce before the end of 2018, spurred upward by a number of key factors.Read full newsRead More

Oilers 88 Energy Limited andEland Oil & Gas gush higher after updates

14:17 06 Apr 2018 / Giles Gwinnett

2pm: 88 Energy Ltd and Eland gush higher..Alaska-focused oil explorer 88 Energy Limited (LON:88E, ASX:88E) saw shares advance over 5% in London as the firm update on its operations at Project Icewine.The  firm said that a 450 sq km 3D seismic  programme was completed on March 28, highlighting that the work was finished on schedule and within budget.It expects processed data from the firs...Read More

Sanctions on Russian tycoon Deripaska will create global ripples

Apr. 6, 2018, 1:56 PM / Reuters

MOSCOW, April 6 (Reuters) - The U.S. government's decision to include Russian magnate Oleg Deripaska on its sanctions blacklist on Friday will reverberate around the world because his business empire has a global footprint and counts major multinationals as partners.Washington imposed sanctions on seven Russian oligarchs, 12 companies they own or control, as well as 17 senior Russian government of...Read More

Granada Gold Chooses Ausenco for Feasibility Study on Open-Pit Mine

Fri Apr 06 13:31:30 2018 / Granada Gold Mine

Granada Gold Mine(TSXV:GGM;OTCPK:GBBFF;FRA:B6D) ('Granada Gold' or the 'Company') is pleased to announce that its Board of Directors has selected Ausenco Limited to commence a feasibility study for the development of a producing mine with a capacity of 80,000-to-100,000 ounces of gold per year at its 100-percent-owned Granada property, located in Quebec in the town of Rouyn-Nor...Read More

Ongoing negotiations 'crucial' to easing US-China trade stand-off

13:25 06 Apr 2018 / Andrew Scott

Interactive Investor's Richard Hunter discusses with Proactive the ongoing war of words between China and the US on trade tariffs.''What happened during the week is that the US markets went into freefall after the initial $50bln Trump announcement, it then probably became apparent overnight ... that these hadn't in fact been implemented yet .. and the markets bounced straight back''.''On the plus...Read More

RT @eimcapital: My @MiningOnline column: new #exploration tax incentives unlikely to impact #mining output

Fri Apr 06 13:07:09 2018 / John Robertson

Plans ignore the poor correlation between discovery and developmentRead full newsRead More

Stealth Retaliation? #Yuan Weakens 300 Pips Since Trump Doubled-Down On #China Tariffs | Zero Hedge

Fri Apr 06 13:05:09 2018 / Staff reporter

The last time offshore yuan was this strong relative to the US Dollar, China devalued its currency, sending a ripple of broken carry-trades through the financial markets and raising volatility everywhere.Read full newsRead More

Retailers and recruiters in focus as Tesco, ASOS, Hays and PageGroup report

11:47 06 Apr 2018 / Renae Dyer

In light of the struggles facing the high street and the UK jobs market, updates from retailers and recruiters will be closely followed in the week ahead.Among the retailers reporting, Tesco PLC (LON:TSCO) posts its full year results, ASOS publishes a trading update and WH Smith PLC (LON:SMWH) reports its interims. Tesco is one of the UK's so-called 'big four' supermarkets, which ha...Read More

Markets weaken as tit-for-tat tariff war between US and China intensifies

11:43 06 Apr 2018 / Andrew Scott

Mining Capital's Alastair Ford gives his take on the war of words between the US and China over tariffs.US President Donald Trump's told officials to look at a further $100bln of tariffs against China.Ford also talks through changes around Zimbabwe's export credit rules.In usual fashion, he also touches on a few companies he's been talking to over the course of the week and that've been headlining...Read More

AppScatter strengthens monitoring service with Priori Data acquisition

11:18 06 Apr 2018 / Andrew Scott

Philip Marcella, chief executive of appScatter Group PLC (LON:APPS) tells Proactive's Andrew Scott they're strengthening their app monitoring service with the acquisition of German firm Priori Data for ?13.5mln.Marcella says Priori runs an app data intelligence operation and when combined with appscatter's existing service will enable the performance of millions of apps and billions of devices to...Read More

Cape Lambert seeing 'extreme' interest from potential offtakers for Kipushi concentrate

10:45 06 Apr 2018 / Proactive Investors

Tony Sage, executive chairman for Cape Lambert Resources Ltd (ASX:CFE) speaks to Proactive Investors from Mines and Money Asia, where he says sentiment is buoyant on cobalt.The company recently acquired two synergistic cobalt copper tailings projects, in the Democratic Republic of Congo (DRC) and 170km away in neighbouring Zambia.A Pre-Feasibility Study (PFS) for the DRC project is due out in thre...Read More

European Lithium publishes positive PFS for Austria project

09:17 06 Apr 2018 / Proactive Investors

Stefan M? 1/4 ller outlines the outcomes of the hotly-anticipated pre-feasibility study (PFS) for European Lithium Ltd's (ASX:EUR) (FRA:PF8) (VSE:ELI) Wolfsberg Lithium Project in Austria.Results confirm the technical and economic viability of the project, and show strong potential for significant upside. A definitive feasibility study (DFS) is set to begin in July for completion before the end of...Read More

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