June 27, 2018 (Investorideas.com Newswire) Bob Moriarty of 321 Gold discusses the theory that there is a relationship between the full moon and the price of gold.For several months I have been beating the drum saying that there would be a tradable low for the precious metals in the June/July timeframe. The way to be fairly certain would be using the Commitment of Traders report and Daily Sentiment...Read More
June 27, 2018 (Investorideas.com Newswire) The CEO of Millrock Resources, Gregory Beischer, speaks with Maurice Jackson of Proven and Probable about the many projects his company is exploring.Maurice Jackson: Today we will highlight a company that has established itself as a premier project generator, Millrock Resources Inc. (MRO:TSX.V; MLRKF:OTCQX). Joining us today is Gregory Beischer, the presi...Read More
June 27, 2018 (Investorideas.com Newswire) Metallurgical optimization and investigation of financing options are progressing at a cobalt project in Idaho.Vancouver-based eCobalt Solutions Inc. (ECS:TSX; ECSIF:OTCQX; ECO:FSE) provided the status of the optimized feasibility study (OFS) and the financing for its 100%-owned Idaho cobalt project. As for the OFS, metallurgical optimization testing cont...Read More
Reza Hedayat, assistant professor of civil and environmental engineering at Colorado School of Mines, has been selected for the U.S. Department of Energy's Early Career Research Program.Hedayat will receive $750,000 over five years to support the development of novel multiscale experiments to identify the geophysical signatures accompanying subsurface crack network growth. "Understanding crack ne...Read More
It's been a long time coming.The Food & Drug Administration - for the first time ever - has approved a marijuana-derived drug.There is plenty to unpack and ponder here, so let's start with the essentials, directly from the FDA's press release:The U.S. Food and Drug Administration today approved Epidiolex (cannabidiol) [CBD] oral solution for the treatment of seizures associated with two rare and s...Read More
CloseGain/LossGold $1258.90-$6.90Silver$16.30-$0.05XAU80.48-0.05%HUI172.93-0.70%GDM612.24-0.07%JSE Gold1024.46-36.71USD94.71+0.41Euro116.47-0.55Yen90.95-0.11Oil$70.53+$2.4510-Year2.880%+0.005T-Bond144.28125-0.0625Dow24283.11+0.12%Nasdaq7561.63+0.39%S&P2723.06+0.22% The Metals: Gold fell $10.90 to $1254.90 by a little after 8AM EST before it bounced back higher in New York, but it still end...Read More
Direction of global stock markets will be the key to industrial metal prices and silver. Gold if it does not rise will see more correction. Crude oil will remain unaffected by any news on very strong short term fundamentals. Physical demand of copper, silver, nickel and zinc will be the key. The next three days are very crucial for copper, zinc and nickel. If they fall, they will sink and move i...Read More
As the tax dispute between Acacia and the Tanzanian government continues, the company's representative, Barrick Gold, has decided that it won't provide a definite deadline to end the negotiations.Read full newsRead More
Mr. Nolan Watson reports SANDSTORM GOLD ROYALTIES RELEASES HOD MADEN PFS AND INCREASES PRODUCTION GUIDANCESandstorm Gold Ltd. has provided a summary of the results from the Hod Maden prefeasibility study (PFS). All figures are in U.S. dollars and are on a 100-per-cent project basis unless otherwise stated. Sandstorm has a 30-per-cent interest in the Hod Maden project. Prefeasibility study highligh...Read More
"Wisdom abounds in this #nickel market overview from Jim Lennon & Clive Whittington. Fave quote: "Even w/ the impact of growing supply from Indonesia, the market has moved from significant over-supply to significant under-supply." @TheAssay @Investinmining https://t.co/anuuSiriSo"Read full newsRead More
Enforcer Gold Corp. (TSXV:VEIN) is pleased to announce that it has appointed Stephen Dunn to its board of directors with an effective date of June 25, 2018.Read full newsRead More
The populist government in Italy, Europe's most sluggish market for electric cars, has a big-bang plan to put 1 million of the vehicles on the nation's roads. Getting anywhere near that target could cost the state $10 billion in incentives.Read full newsRead More
OTTAWA, June 26, 2018 /CNW/ - The Royal Canadian Mint is proud to issue its first collectible coin crafted entirely of Nunavut-sourced gold. Designed by Inuk artist Andrew Qappik, the reverse image highlights the walrus, ptarmigan, polar bear, bowhead whale and narwhal, all framed within the outline of a maple leaf. The beautifully crafted coin is available for purchase as of today.In another inno...Read More
June 26 (Reuters) - The Australian Government Takeover Panel said on Tuesday it received an application from a unit of iron ore miner Fortescue Metals Group regarding an offer by a Hancock Prospecting Pty unit for Atlas Iron Ltd.NCZ Investments Pty, a Fortescue unit, seeks interim orders to restrain Gina Rinehart controlled-Redstone Corp Pty from dispatching its bidder's statement, the panel said....Read More
LONDON, June 26 (Reuters) - Orion Resource Partners is raising up to $500 million in a fund financing potash, tungsten and iron ore mines, sources close to the matter said, meeting miners' need for funding and investors' appetite for long-term assets.Miners are turning to alternative sources of finance as the industry has struggled to woo back traditional financiers, even though commodity prices a...Read More
The death rattle of the industry that once symbolized South Africa can be heard in the town of Carletonville-on Gold Street.That's where Paseka Selemela has been guarding cars since 2010, when the scaffolding business he worked for closed. Prior to that, he was an assistant at a now-shuttered mine owned by AngloGold Ashanti. Nor has he found work in other gold mines around the town, home to the wo...Read More
Mr. Mark Kolebaba reportsIP SURVEY DEFINES TARGET UNDER HIGH-GRADE GOLD SAMPLES AT OUTLOOK RIDGEAdamera Minerals Corp.has developed a well-defined induced polarization (IP) anomaly immediately under the Outlook Ridge prospect on the Cooke Mountain project in Washington State. The site is where Adamera collected grab samples with assays ranging from two to 64 grams per tonne gold (see Nov. 28, 2017...Read More
The death rattle of the industry that once symbolized South Africa can be heard in the town of Carletonville-on Gold Street.That's where Paseka Selemela has been guarding cars since 2010, when the scaffolding business he worked for closed. Prior to that, he was an assistant at a now-shuttered mine owned by AngloGold Ashanti. Nor has he found work in other gold mines around the town, home to the wo...Read More
Commerzbank is experimenting with artificial intelligence technology that automatically generates sports reports to see if it can write basic analyst notes, in hopes of eventually replacing human analysts.Read full newsRead More
'Constructive' talks ongoing as anniversary of US$190B tax bill approachesRead full newsRead More