Popular News

Rockhaven Substantially Upgrades Gold and Silver Mineral Resources at its Klaza Project, Yukon

June 21, 2018 / bit.ly

Rockhaven Resources Ltd. (TSXV:RK) ("Rockhaven") is pleased to announce updated Mineral Resource estimates for the high-grade Western BRX, Central BRX, Central Klaza, and Western Klaza zones at its 100%-owned and road accessible Klaza property, located in the Dawson Range Gold Belt of southern Yukon. Read full newsRead More

Renforth Concludes Successful Prospecting Program at Parbec

June 21, 2018 / bit.ly

Renforth Resources Inc. (CSE:RFR) ("Renforth" or the "Company") is pleased to share results obtained during our recent surface prospecting program at Parbec, where we met our main objective in the program, locating the historically mapped diorite body and determining it to be a gold bearing magnetic diorite.Read full newsRead More

Lumina Gold, First Quantum ink deal to advance exploration in Ecuador

June 21, 2018 / www.mining.com

Canadian gold junior Lumina Gold (TSX-V:LUM) has inked a formal five-year earn-in deal with First Quantum Minerals (TSX:FM), which will see the copper miner contributing $1.5 million for moving forward with exploration at Orquideas and Cascas gold/copper concessions in Ecuador.The agreement gives First Quantum the option of investing an additional $37 million over the course of the last four yea...Read More

New York-based equity fund buys Ireland-focused Dalradian for Cdn$537m

June 21, 2018 / www.mining.com

Shares in dual-listed Dalradian Resources (TSX:DNA) (LON:DALR) soared around 52% in London and more than 59% in Toronto on Thursday after the company, which is developing a vast gold deposit in Northern Ireland, said it had agreed to be bought by Orion Mine Finance, in a desal that values the gold explorer at Cdn$537 million (about $230m).As part of the agreement, each Dalradian shareholder would...Read More

Newmont sells stake in Yanacocha gold mine to Japan's Sumitomo for $48 million

June 21, 2018 / www.mining.com

Newmont Mining Corp. (NYSE: NEM) has sold Japan's Sumitomo Corp. a 5%-stake in its Yanacocha gold mine in Peru for $48 million, making the Asian trading house a partner in the business that also involves local miner Buenaventura.The US miner and Buenaventura's ownership interests in the mine, which was Peru's largest gold operation until output began falling in recent years, will be 51.35% and 43....Read More

Miner Petropavlovsk's biggest shareholder outlines his case for change

June 21, 2018 / www.mining.com

LONDON, June 21 (Reuters) - Russian miner Petropavlovsk's largest shareholder, who is calling for an overhaul of the board, has written to fellow shareholders, setting out plans to sell the company's stake in an iron ore unit and to draw up deal targets in the gold sector.The company holds its annual general meeting in London on June 29, when, only a year after the previous board was toppled, shar...Read More

Japan launches WTO complaint over S.Korea steel duties

June 21, 2018 / www.mining.com

GENEVA, June 21 (Reuters) - Japan has launched a complaint at the World Trade Organization to challenge South Korean anti-dumping duties on Japanese stainless steel bars, a WTO filing showed on Thursday.Japan said a South Korean "sunset review" had concluded the duties should stay in place, but South Korea had failed to make the case that prolonging the duties would comply with WTO rules.South Kor...Read More

More than 20 Philippine mines pass govt review, 4 fail - official

June 21, 2018 / www.mining.com

Twenty-three of 27 Philippine mines assessed by a government panel for compliance with state regulations, including environmental laws, have passed the review, an official said on Thursday.Confirming an earlier Reuters report, the Mining Industry Coordinating Council found that four mines did not meet the criteria set by the government.The panel reviewed the 27 mines in the world's No. 2 nickel or...Read More

Lundin Gold Inc. (TSX:LUG) Is Poised to Soar Once Production Commences

June 22, 2018 / www.fool.ca

While a steadily improving global economic outlook and better-than-expected growth have taken the lustre off gold, causing the yellow metal to plummet below the psychologically important US$1,300 per ounce mark, there are plenty of reasons to invest in the metal. Key among them are the emerging threats to the global economy and financial stability, including a potential trade war between the U.S....Read More

The Top 5 Overlooked High-Growth Stocks With Healthy Balance Sheets

June 22, 2018 / www.fool.ca

Today's calculator-worthy good news is that there are some healthy high-growth stocks on the TSX. We've singled out just five of them, and you'll find them ranked below, organized by a combined weighting of healthy balance sheets and future prospects.From lithium and gold to fuel cells and funeral services, these are some of the most ambitious stocks on the Canadian market. There are no dividends;...Read More

Investors Are Bearish on These 3 Stocks

June 22, 2018 / www.fool.ca

A quick method to gauge investor sentiment is to look at short positions. Investors who go short on a position expect the company's share price to tumble. They are said to have a bearish view on the company.What is short selling? It is to borrow shares, sell them, and expect to replace said shares you've borrowed at a lower price in the future. You would pocket the difference.The number of shares...Read More

A Big Cannabis Sector Barrier Crumbles

June 19, 2018 / www.outsiderclub.com

We've seen 29 states enact sensible policies.We've seen President Trump throw his verbal support behind state's rights on the matter.We've seen pressure from vets and politicians to open up federal funding for Veterans Affairs research and prescriptions.Now one of the last, but biggest, hurdles for the rapidly growing and maturing cannabis sector is coming down.And while it may involve what is jus...Read More

Gold Trades to the Lowest Price of the Year

June 22, 2018 / www.kitco.com

Although gold closed modestly higher on the day, the precious yellow metal scored its second consecutive week of lower pricing. Gold futures opened on Monday at $1281 per ounce and traded to a high of $1286. However, it was the weekly low of $1263 that fostered the greatest concern. Considering that gold opened just above $1,300 per ounce at the beginning of the year, the last two weeks have resul...Read More

Charles Krauthammer, Conservative Commentator, Dies At 68

June 22, 2018 / www.kitco.com

(Kitco News) - Charles Krauthammer, the conservative columnist for Fox Newsand Pulitzer Prize winner, has passed away Thursday at the age of 68. During his time at Fox, Krauthammer became known as the“dean of conservative commentators” He has also appeared on Kitco News to discuss his views onthe gold standard and joined a panel discussion on a Libertarian vs. Democrat vs.Republican d...Read More

Gold Is Looking To Get Its Safe-Haven Allure Back - Analysts

June 22, 2018 / www.kitco.com

(Kitco News) - As gold struggles to find support after hitting a six-month low earlier this week, analysts are waiting for a reawakening of the metals’ safe-haven appeal amid a complacent market in the face of trade war fears.The yellow metal was unable to find a bid this week despite heightened trade tensions and market uncertainties, largely weighed down by the rallying U.S. dollar. August...Read More

Kitco Returns To The Yukon

June 22, 2018 / www.kitco.com

(Kitco News) -There are strangethings done in the midnight sunBy the men whomoil for gold - Robert ServiceNearly three years ago, Itraveled up to the Yukon to explore the region’s mining sector. I left with a strong sense ofoptimism among the mining CEOs as they were expecting that it would be only amatter of time before investors started to take notice of the region’s mininguntapped p...Read More

RERUN: Dambisa Moyo - Why Democracy Is Failing

June 20, 2018 / www.kitco.com

Jun 22, 2018 Guest(s): Dambisa Moyo Editor's Note: This week we are kicking off summer 2018 by re-running some of our most popular hit videos. Stay tuned for coverage on everything from cryptos to the death of liberal democracy, all from your favorite guests.There is a serious mismatch between the long-term problems our society faces and the short-sightedness of our policy makers, according to...Read More

Wall St. Bullish, Main St. Mixed On Gold Prices

June 22, 2018 / www.kitco.com

(Kitco News)- Wall Street remains bullish butMain Street is mixed on the direction of gold prices in the next week, based onthe Kitco News weekly survey. Gold tumbled to its lowest levelin six months this week largely due to strength in the U.S. dollar. In doingso, the metal was unable to draw a safe-haven bid despite weakness in equitymarkets as worries about a global trade war intensified. Seven...Read More

The Political Dynamic in Italy Could be Good for Gold

June 22, 2018 / www.kitco.com

Italy’sdebt to GDP ratio is amongst the highest in the world.  As the newgovernment in Italy seeks to stimulate growth through increased borrowing,gold’s attractiveness as an asset which is not replicable and is no one’sliability will become more apparent.Italiansrecently elected “protest parties” M5S and La Lega, largely due to economichardship in the country.&n...Read More

Commerzbank Sees $1,350 Gold, $18 Silver By Year-End

June 22, 2018 / www.kitco.com

(Kitco News) - Commerzbank looks for gold to reclaim $1,350 an ounce and silver $18 by year-end on expectations that the U.S. dollar will start to give backsome of its recent strength.Gold hit a six-month low this week as the dollar hit an11-month high, benefitting from the divergence in U.S. and European monetarypolicy as well as European politics, the bank said. The Federal Reserve hikedU.S. int...Read More

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