"On Monday we tagged 1238-1242 as significant resistance for the week & it has held all week. However, close today above 1242 would favor higher towards 1260-1272.ANY CLOSE NEXT WEEK above this weeks high will favor higher into Nov 7th (plus/Minus 72 hrs).@aleksfx"Read full newsRead More
Learn what factors could drive the gold price over the next 12 months, and explore three gold ETF trading ideas.Read full newsRead More
Ely Gold Royalties (TSXV:ELY, OTC:ELYGF) (Read full newsRead More
"The Financial Post reports in its Friday edition that cannabis might be legal now, but major Canadian banks appear to still not be comfortable with the #cannabis sector."Read full newsRead More
Electrolux AB, Europe's largest appliance maker, plunged to four year lows after reporting that costs are increasing and customers in North America balked at paying higher prices for its products.Read full newsRead More
On the surface, Q3 GDP was great. A quick look between the lines, however, reveals a lot of ugly details.Read full newsRead More
"VW CEO says they'll have 'EVs as good as Tesla's for half the price by 2020' https://t.co/IOAuS5VQzj by @fredericlambert"Read full newsRead More
"#FF Excellent acc to follow:@JavierBlas @HayekAndKeynes @HC_Haplo @todd_harrison @EdVanDerWalt @backstroke_ @tbiesheuvel @pierpont_morgan @charliebilello @David_Schro @dankogaion @hjesanderson @LivioFilice @StockCats @RampCapitalLLC Have a great weekend everyone!"Read full newsRead More
Finland's nickel and cobalt miner Terrafame has decided to invest in battery manufacturing for electric vehicles by building a chemicals plant, which will be partially funded by commodity trader Trafigura, the company said on Friday.The plant will produce chemicals for use in electric vehicle batteries located at its industrial site in Sotkamo, Finland.The plant will cost about 240 million euros,...Read More
"Great Bear Announces C$3.5 Million Private Placement of Flow-Through Common Shares @GreatBearGBR https://t.co/bWAGZiZTQT"Read full newsRead More
Diversified miner Vedanta is investing up to $800 million in a zinc smelter in South Africa, the head of its zinc unit Deshnee Naidoo said at an investment summit in Johannesburg on Friday.Andile Sangqu, executive head of Anglo American South Africa, added at the same summit that his firm would invest 71.5 billion rand ($4.88 billion) in South Africa over the next five years.($1 = 14.6400 rand)(By...Read More
Randgold Resources' Tongon mine in Ivory Coast will produce 23.3 percent less gold in 2018 than originally forecast as a result of 53 days of strike action that took place earlier this year, Chief Executive Mark Bristow said."The strike made us lose 70,000 ounces of gold (on the 300,000 ounces 2018 forecast)," Bristow said. "The production forecast has been revised to 230,000 ounces of gold for th...Read More
Pacton Gold (TSXV:PAC; US:PACXF) (theRead full newsRead More
"Hummingbird will miss 2018 guidance after heavy rains in Q3 and pit stability issues more recently at Yanfolila ($) | https://t.co/mfbLWiFlXl #gold #AIM $HUM"Read full newsRead More
"World equities have erased $15 trillion, or 17 percent, of their value since January, with China alone losing $3 trillion"Read full newsRead More
Azimut Exploration of Longueuil, Que., and its strategic partner SOQUEM have made what they are calling a "major" discovery of gold-copper-silver mineralization at Azimut's Munischiwan property in the James Bay region.The zone is 600 metres long and 100 to 150 metres wide. Grab samples from the outcrop have returned gold values between 11.0 and 1.53 g/t, 1.67 to 0.05% copper, and 435.0 to 5.8...Read More
Azimut Exploration of Longueuil, Que., and its strategic partner SOQUEM have made what they are calling a "major" discovery of gold-copper-silver mineralization at Azimut's Munischiwan property in the James Bay region.The zone is 600 metres long and 100 to 150 metres wide. Grab samples from the outcrop have returned gold values between 11.0 and 1.53 g/t, 1.67 to 0.05% copper, and 435.0 to 5.8...Read More
Barrick Gold Corp.'s decision to double down on Africa is a bet on Randgold Resources Ltd. boss Mark Bristow keeping his Midas touch on a continent where many miners have floundered. That wager is facing its first test.Among the assets Barrick will acquire in the $5.4 billion deal for Randgold is Kibali, a mine Bristow built from scratch in the Democratic Republic of Congo. While that operation ha...Read More
HELSINKI, Oct 26 (Reuters) - Finnish mining technology company Outotec said on Friday that it may have to cover costs after a smelter furnace it built for a client faced problems, sending itsshares down 28 percent.Outotec which builds plants and equipment and provides services for the metal and mineral processing industries, said that it had faced problems in starting up a furnace at an i...Read More
It's been labeled "blood gold," a jarring phrase that ties one of the world's most valuable metals with brutal mining practices and illicit profits that legitimate miners and refiners are rushing to end.With miners facing increasing pressure to guarantee the provenance of gold, the group that oversees the world's largest bullion market is seeking new ways to securely track each step from the mine...Read More