Ann Saphir(Reuters) - A day after Federal Reserve Chair Jerome Powell told Congress a strengthening economy boosts his confidence that inflation and wages are on the rise, one of his colleagues argued for waiting on interest-rate hikes until those increases are obvious.“I want wage growth to continue to build, I want to see inflation move toward our 2-percent target, I want to see more evide...Read More

Mr. Stephen Nano reports MIRASOL ANNOUNCES ASSAY RESULTS FROM THE PHASE I DRILLING CAMPAIGN AT THE LA CURVA OCEANAGOLD JV, SANTA CRUZ, ARGENTINAMirasol Resources Ltd. has released results from an 18-hole, 2,550-metre, phase I diamond core drilling program from the La Castora trend at the La Curva OceanaGold joint venture in Santa Cruz, Argentina. Figures associated with this news release are avail...Read More

The housing recovery appears to be making a U-turn as mortgage rates rise amid a critically low supply of homes for sale. Pending home sales, which measure signed contracts, not closings, fell 4.7 percent in January compared with December, according to the National Association of Realtors. The weakness was nationwide, and December's reading was also revised lower. Diana Olick| @DianaOlick Publish...Read More

Mr. Nigel Lees reportsSAGE IDENTIFIES NEW VEIN STRUCTURES AT CLAVOSSage Gold Inc. has identified new vein systems at the Clavos property. The company is currently updating its mineral resource estimate, adding several hundred historical and recent drill hole composites from the definition and exploration drilling completed over the past few years.The new resource modelling, which factors in a high...Read More

BloombergEmployees prepare fabric for clothing at the 9B Apparel manufacturing facility in Los Angeles. The numbers: Chicago PMI slipped in February to a reading of 61.9, a six-month low, from 65.7 in January. 1)#Chicago #Business #Barometer declines 3.8 points to 61.9 in Feb from 65.7 in Jan #chicagopmi pic.twitter.com/rZVJc18YXZ— MNI Indicators (@MNIIndicators) February 28, 2018 What hap...Read More

Yesterday’s testimony by Jerome Powell, the recently appointed chairman of the Federal Reserve, significantly underlined the fact that we are now deeply immersed in a period of quantitative normalization.In response to the economic meltdown and the recession that resulted from bank failures, an outcome of their lending practices, starting in 2008 the Federal Reserve initiated a systematic ap...Read More

Editor's Note: Gold and silver has been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.(Kitco...Read More

via GoldinAmerica.com CPM Gold Outlook 2018EDIT- Some highlights from a very well done, insightful report as presented at this year's Denver Gold Group conference. CPM addresses current events, misconceptions, and trends. All angles are covered without bombast or hyperbole. Of note to us was the growing de-emphasis on Gold as "safe haven" asset and the growing perspective that it is becoming a...Read More

Russian President Vladimir Putin met with the director general of Rosatom yesterday for an update on the state nuclear corporation's performance and investment strategy. The former deputy minister of economic development and trade, Alexey Likhachov took over the helm of Rosatom in October 2016, when Putin appointed Sergey Kirienko as first deputy head of the Presidential Administration.Putin and L...Read More

The revision of the EU Emissions Trading System (EU ETS) for its next phase (2021-2030) was approved by the Council of the European Union yesterday. Foratom, the European nuclear trade body, welcomed the reform but said more must be done to decarbonise Europe's economy.The EU ETS was launched in 2005 and operates in 31 countries - all 28 EU countries, plus Iceland, Liechtenstein and Norway. It is...Read More

Metal Bulletin has launched two assessments to track spot and annual refining charges (RC) for blister copper imported to China following a month-long consultation. Blister copper, an intermediate copper product used by smelters for refined copper production, is known as one of the first options for scrap replacement. Import volumes of the increasingly popular blister copper, together with anodes,...Read More

(Kitco News)- In its continued attempted to promote innovation in themining Sector, Goldcorp is giving four companies the opportunity to presenttheir ideas to #disruptmining and win $1 million in potential investmentcapital.Luis Canepari, vice-president of technology at Goldcorp(NYSE: GG, TSX: G,) said the company went through hundreds of submissions tofind the best of the best in innovation. He a...Read More

Editor's Note: Gold and silver has been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.(Kitco...Read More

Vale is reevaluating its plans for its Vale New Caledonia nickel project due to its improved results and the positive impact of higher cobalt prices, chief executive officer Fabio Schvartsman said on Wednesday February 28."We are waiting to see where things are going to move forward to in order to make a decision in the VNC situation," he told analysts during a conference call. "It is clear that t...Read More

Canada has launched a process to prepare a roadmap to explore the potential of on- and off-grid applications for small modular reactor (SMR) technology. The roadmap will help position Canada to become a global leader in the emerging SMR market, according to Natural Resources Canada (NRCan).The roadmapping process, which is part of NRCan's Energy Innovation Program, was announced on 22 February by...Read More

The British Columbia government has committed to proceed with electoral reform. The government has set a deadline of November 2018 to have a referendum on proportional representation. Part of the consultation process includes designing the referendum question. This paper reviews precedent and good practices that have been established in Canada and by several international organizations on the craf...Read More

* -0.1% fresh 1.3746 low - opened -1.1% as Brexit uncertainty resurfaced* Soft Brexit essential for UK's resurgent car industry * Fall leaves momentum studies, 5, 10 & 20 DMAs heading lower* Bearish trending setup - 1.3764 Feb low & range base broken* Next stop 1.3693, 50% Nov/Jan rise, then 1.3614 early Jan high* Close above 1.3925/36, falling 10 & 20DMAs needed to undermine bias<^...Read More

The UK's Office for Nuclear Regulation (ONR) is looking for suppliers to deliver a solution to provide a Safeguards Information Management and Reporting System (SIMRS). The is being advertised via the government's Digital Marketplace.ONR is to establish a new domestic civil nuclear safeguards regime ahead of the UK's withdrawal from the European Union and Euratom on 29 March 2019. The UK currently...Read More

Cobalt companies flooded with interest at mining conferenceGold miners vulnerable after large precious-metal funds leftEvolution Chairman Says Gold Giants Must Change to Woo InvestorsGold producers are doing everything they’re supposed to be doing -- squeezing more profit out of mines, penny-pinching on projects and resisting the kind of big deals that got them into trouble when prices fell...Read More

Comex copper prices softened in the US morning on Wednesday February 28, with a stronger dollar and lower-than-expected Chinese data weighing on the base metals complex. Copper for May settlement on the Comex division of the New York Mercantile Exchange fell 3.10 cents or 1% to $3.1555 per lb. Earlier, the contract touched $3.1525, the lowest since February 13. Earlier this morning, China's manufa...Read More