Mr. N. Eric Fier reportsSILVERCREST EXPANDS BABICANORA FOOTWALL VEIN HIGH-GRADE FOOTPRINTSilvercrest Metals Inc. has relased further phase 3 drill results for the Las Chispas property located in Sonora, Mexico. Stepout drilling of the Babicanora footwall (FW) vein has intersected additional high-grade mineralization. The Babicanora FW vein is subparallel to the Babicanora vein. This vein is approx...Read More
After an unsuccessful attempt yesterday to break above the current resistance level, gold returns to trading under pressure. Today’s market activity resulted in gold futures declining by approximately $3.20, which is a quarter percent decline. Gold futures are currently fixed at $1,256.40.Yesterday gold traded to an intraday high of just below $1,267 per ounce, which is the current resistanc...Read More
Lithium exports from Chile, the country's with the largest known reserves of the white metal in the world, jumped in 2017 becoming its fourth largest mining export behind copper, molybdenum and iron ore.Lithium exports hit $684.2 million last year, up 47% from $465 million in 2016.Shipments of the key ingredient for making batteries that power electric vehicles (EVs) and high tech devices, hit $6...Read More
WASHINGTON (Reuters) - The United States has decided to impose tariffs on $200 billion worth of imports from China after efforts to negotiate a solution to the trade dispute failed to reach an agreement, senior administration officials said on Tuesday.U.S. Trade Representative Robert Lighthizer said the United States would impose tariffs of 10 percent on the additional Chinese imports.The move wou...Read More
Mr. Mark Kolebaba reportsADAMERA MOBILIZES DRILL TO THE OVERSIGHT PROPERTYAdamera Minerals Corp. has mobilized a core drill tothe Cooke Mountain project near the historic high-grade Overlook mine in Washington State. The first two drill holes will follow up results from drill holes OS17-01 and OS17-03 which returned several high-grade gold assays including 10 grams per tonne over 1.1 metres, 6.5 g...Read More
(Kitco News)- Whilethe gold market may have less room to move on the downside, investors shouldn’texpect any significant rebound in the price until at least the end of the year,according to some analysts.Thecomments come as gold prices continue to struggle to find momentum, weigheddown by a stronger U.S. dollar. August gold futures last traded at $1,256.30 anounce, down 0.26% on the day. Man...Read More
Gabriel Resources (TSX-V:GBU), the miner that sued Romania for $4.4 billion in alleged losses related to its halted Rosia Montana gold and silver project, said Tuesday its top executive, Jonathan Henry, was leaving the company to "pursue other opportunities."While Henry has resigned from his position as President, Chief Executive Officer and Director, he'll continue to act as a consultant, Gabriel...Read More
(Kitco News)- Is the bottom in for gold? Thatis the question commodity analysts are asking themselves after the latestCommodity Futures Trading Commission data show a modest change in the yellowmetal’s net-short speculative positioning, despite prices falling to a 12-monthlow during the survey period.The CFTC's disaggregatedCommitments of Traders report for the week ending July 3 showed mone...Read More
World's No.1 miner BHP (ASX, NYSE:BHP), has been given the green light to go ahead with a planned expansion of its operations in Australia iron ore-rich Pilbara region for the next 50 to 100 years, which will secure its grasp over one of its most important commodities.Western Australia's environmental authority approval of BHP's proposal, first submitted 2012, will allow the miner build new mines...Read More
Mr. Robert Carrington reportsNEWRANGE GOLD CORP. ANNOUNCES PHASE III STEP OUT DRILLING EXTENDS GOLD MINERALIZATION TO 0.5 KM ALONG TREND AT PAMLICO PROJECT, NEVADANewrange Gold Corp. has released phase III drill results, whichhave extended the mineralized gold trend to approximately 1,600 feet (488 metres) on strike to the southeast from the Merritt decline area along Pamlico Ridge. This latest ro...Read More
Last week gold popped from the $1,240level as it looked like the bottoms had been put in. The rally from the lowscontinued through Monday, trading as high as $1,267. After peaking at 8 a.m. EDTMonday, gold managed to drift lower most of the day, losing most of its gains.This morning gold is down $11 andappears headed back to the $1,240 level and possibly lower. Unfortunately, themetals markets, es...Read More
Kirkland LakeGold Ltd. (TSX, NYSE: KL; ASX: KLA) lists second-quarter gold output of 164,685ounces, up from 160,305 ounces in the second quarter of 2017 and 147,644 ouncesin the first quarter of this year. The company says the tally exceeded targetlevels due to record quarterly production from Macassa of 60,571 ounces andrecord monthly production in June at Fosterville of 31,710 ounces. The compan...Read More
On July 6, 2018, Zald?-var signed a new power plant supply agreement with Colb??n, a Chilean electric power utility company. The copper mine will be the first to operate with 100% renewable energy: a combination of hydro, solar, and wind power.The Copper Mine, located in Northern Chile, is a 50% joint venture between Barrick Gold and Antofagasta since December 2015. Antofagasta's official website...Read More
Newrange Gold Corp. has been halted at 6:41 a.m. PT on July 10, 2018, at the company's request, pending news.© 2018 Canjex Publishing Ltd. All rights reserved.Read More
Source: Streetwise Reports 07/09/2018In a period of economic uncertainty exacerbated by threats of a trade war, Samuel Pelaez, chief investment officer and portfolio manager with Galileo Global Equity Advisors, delves beyond the headlines to discuss the factors that are influencing gold, oil and other commodities, and why he believes we are on the cusp of a once-in-a-lifetime opportunity in co...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The S&P 500 closed at its highest level since Feb. 1.The Dow Jones Industrial Average gained Tuesday for the fourth-straight session. Leading the index higher were Procter & Gamble Co. (PG) and Boeing Co. (BA) .PepsiCo Inc. (PEP) rose 4.6% after its second-quarter adjusted profit easily beat analysts' estimates.FactS...Read More
Mr. Anthony Makuch reports KIRKLAND LAKE GOLD ANNOUNCES SOLID Q2 2018 OPERATING RESULTS WITH TOTAL PRODUCTION OF 164,685 OUNCES OF GOLD Kirkland Lake Gold Ltd. has released production results for the second quarter of 2018 of 164,685 ounces and for the first six months of 2018 of 312,329 ounces. Production in the second quarter of 2018 exceeded target levels for the quarter driven by record quarte...Read More
Steve HollandWASHINGTON (Reuters) - President Donald Trump will likely declare U.S. support for NATO’s mutual defense doctrine while pressing for increased spending commitments from NATO allies at a high-stakes summit in Brussels, a senior administration official said on Tuesday.Trump arrived in Brussels on Tuesday night for what is shaping up to be an unpredictable day of talks on Wednesday...Read More
Mr. N. Eric Fier reportsSILVERCREST EXPANDS BABICANORA FOOTWALL VEIN HIGH-GRADE FOOTPRINTSilvercrest Metals Inc. has relased further phase 3 drill results for the Las Chispas property located in Sonora, Mexico. Stepout drilling of the Babicanora footwall (FW) vein has intersected additional high-grade mineralization. The Babicanora FW vein is subparallel to the Babicanora vein. This vein is approx...Read More
Mr. Mark Kolebaba reportsADAMERA MOBILIZES DRILL TO THE OVERSIGHT PROPERTYAdamera Minerals Corp. has mobilized a core drill tothe Cooke Mountain project near the historic high-grade Overlook mine in Washington State. The first two drill holes will follow up results from drill holes OS17-01 and OS17-03 which returned several high-grade gold assays including 10 grams per tonne over 1.1 metres, 6.5 g...Read More