CloseGain/LossOn WeekGold $1241.60-$5.50-1.08%Silver$15.80-$0.14-1.43%XAU80.43-0.84%-3.96%HUI173.52-0.74%-3.18%GDM612.68-0.68%-3.18%JSE Gold1030.27-25.72-4.84%USD94.72-0.06+0.76%Euro116.84+0.11-0.56%Yen89.01+0.12-1.70%Oil$71.01+$0.68-3.78%10-Year2.833%-0.016+0.32%Bond145.75+0.46875+0.06%Dow25019.41+0.38%+2.30%Nasdaq7825.98+0.03%+1.79%S&P2801.31+0.11%+1.50% The Metals: Gold dropped $10.30 t...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort214,310132,87670,367165,561265,955450,238469,198Change from Prior Reporting Period 3,82772010,702-7,356-1127,17311,310Traders17889955147272193 Small Speculators (C) GoldSeek.com LongShortOpen Interest 53,35534,395503,593 2,256-1,8819,429 non reportable positionsChange from the...Read More
by John Stepek of Money WeekIf you hadn't realised by now, Donald Trump is seriousThe copper price is sliding.Chinese stocks are sliding.Oil tanked by 7% at one point yesterday.It does all rather suggest that maybe investors are really starting to worry about the burgeoning global trade war, and its impact on global growth.And they'd be right to.First things first. If you didn't realise it alrea...Read More
South Africa's top gold producers and mining unions have come together to begin wage negotiations for the country's laborers in the gold mining industry.Read full newsRead More
Metallis Resources Inc (TSXV:MTS) (OTCQB:MTLFF) ("Metallis" or the "Company") is pleased to announce that the Company has commenced trading on the OTCQB Venture Market under the symbol MTLFF, effective at the market open on July 13, 2018.Read full newsRead More
South America-focused Miramont Resources Corp. (CSE: MONT) announced that it has entered into an option agreement to acquire the rights to the Milenos 32 concession adjacent to its Cerro Hermoso project in Peru. With this acquisition, the combined area of the project has increased to 1,318 hectares. Cerro Hermoso is located in the southern Puno region, 60 kilometres from the city of Juliaca and 5...Read More
South America-focused Miramont Resources Corp. (CSE: MONT) announced that it has entered into an option agreement to acquire the rights to the Milenos 32 concession adjacent to its Cerro Hermoso project in Peru. With this acquisition, the combined area of the project has increased to 1,318 hectares. Cerro Hermoso is located in the southern Puno region, 60 kilometres from the city of Juliaca and 5...Read More
Opinion piece by Andy Home for Reuters.Aluminium hasn't escaped the broader industrial metals rout.The London Metal Exchange (LME) aluminium price has on Friday morning touched $2,021.50 per tonne, its lowest level since April.The "Russian Premium", which resulted from the April 6 imposition of U.S. sanctions on Oleg Deripaska and his Russian aluminium empire Rusal, has been fully unwound.The mark...Read More
German Chancellor Angela Merkel welcomed this week the investment Chinese firm CATL will make to build Europe's first electric car battery plant.During a press conference held with Chinese Prime Minister Li Keqiang, Merkel confirmed previous informations that stated that the factory will be built at Erfurt, in Thuringia, and its main goal is to supply the country's key auto industry in its transfo...Read More
German Chancellor Angela Merkel welcomed this week the investment Chinese firm CATL will make to build Europe's first electric car battery plant.During a press conference held with Chinese Prime Minister Li Keqiang, Merkel confirmed previous informations that stated that the factory will be built at Erfurt, in Thuringia, and its main goal is to supply the country's key auto industry in its transfo...Read More
German Chancellor Angela Merkel welcomed this week the investment Chinese firm CATL will make to build Europe's first electric car battery plant.During a press conference held with Chinese Prime Minister Li Keqiang, Merkel confirmed previous informations that stated that the factory will be built at Erfurt, in Thuringia, and its main goal is to supply the country's key auto industry in its transfo...Read More
TORONTO - Ontario ratepayers will benefit from $790 million in savings thanks to the Government of Ontario's decision to cancel and wind down 758 renewable energy contracts, Minister of Energy, Northern Development and Mines Greg Rickford announced today."We clearly promised we would cancel these unnecessary and wasteful energy projects as part of our plan to cut hydro rates by 12 per cent for fam...Read More
FIRESTEEL RESOURCES INC. (TSXV: FTR) (Read full newsRead More
Algold Resources Ltd. (TSXV:ALG) announced today that it has entered into low-dilution funding agreements totalling $9.2M (C$12M).Read full newsRead More
MGX Minerals, the Canadian junior that grabbed headlines earlier this year for testing a technology that turns oil and gas wastewater into lithium is doubling down on North America as a future lithium heavyweight with a new joint venture.The Vancouver-based company has entered into a strategic JV with Belmont Resources, to acquire up to 50% interest in Belmont's flagship Kibby Basin Lithium Brin...Read More
MGX Minerals, the Canadian junior that grabbed headlines earlier this year for testing a technology that turns oil and gas wastewater into lithium is doubling down on North America as a future lithium heavyweight with a new joint venture.The Vancouver-based company has entered into a strategic JV with Belmont Resources, to acquire up to 50% interest in Belmont's flagship Kibby Basin Lithium Brin...Read More
Gold miner has its' own growth projects plus an eye on M&ARead full newsRead More
?>>?For Ian Ball, President and CEO of Abitibi Royalties (TSX-V: RZZ), the type of mining activities taking place a the Canadian Malartic mine represent a paradigm shift, who talked to MINING.com in March at PDAC.Abitibi is focusing its efforts on one of Canada's largest gold mines, which is located 25 kilometres west of Val d'Or in Quebec's Abitibi region."There have been well in excess 10-millio...Read More
?>>?For Ian Ball, President and CEO of Abitibi Royalties (TSX-V: RZZ), the type of mining activities taking place a the Canadian Malartic mine represent a paradigm shift, who talked to MINING.com in March at PDAC.Abitibi is focusing its efforts on one of Canada's largest gold mines, which is located 25 kilometres west of Val d'Or in Quebec's Abitibi region."There have been well in excess 10-millio...Read More
"Read #MiningJournal's #GlobalLeadershipReport for a comprehensive review of the industry's readiness to take on the challenges of today, and tomorrow. In partnership with @SwannGlobal @ProudfootMCG"Read full newsRead More