Mr. John Burzynski reports OSISKO INTERSECTS 265 G/T AU OVER 2.4 METRES AT WINDFALL Osisko Mining Inc. has provided new results from the continuing drill program at its 100-per-cent-owned Windfall Lake gold project located in the Abitibi greenstone belt, Urban township, Eeyou Istchee James Bay, Quebec. The 800,000-metre drill program combines definition, expansion and exploration drilling in and a...Read More
Mar 02, 2018 Guest(s): Andrew Kaip Managing Director, Precious Metals, BMO Capital Markets A lot of investor interest in the mining space is currently diverted into the industrial metals, while interest in the precious metals space is very tepid, said Andrew Kaip, Managing Director of Precious Metals at BMO Capital Markets.This interest in industrial metals comes as President Trump has recently...Read More
Mr. Stephen Nano reports MIRASOL UPGRADES RESOLUTION TREND AND IDENTIFIES NEW VITTORIA VEIN TREND AT THE NICO SILVER GOLD PROJECT, SANTA CRUZ, ARGENTINA Mirasol Resources Ltd. has made significant developments at the company's 100-per-cent-owned Nico project, Santa Cruz province, Argentina, including: The receipt of additional gold-silver rock chip assay results which upgrade the Resolution Trend...Read More
Mar 02, 2018 Guest(s): Sean Boyd CEO, Agnico Eagle Agnico Eagle's company mission has never been to compete with the largest major miners in the world in terms of size, but rather, to drive per share value, said Sean Boyd, the miner's CEO. Agnico Eagle posted record production and reserve numbers in 2017, and aims to continue growing production by 30% from 2018 to 2020, leveraging their Nunavut...Read More
Mr. Jim Payne reportsDYNACERT PROVIDES INDIA, EUROPE AND CORPORATE UPDATEDynaCERT Inc. has provided the following update.Testing by Automotive Research Association of IndiaThe India trucking industry participants realize that there is a potential performance difference between testing and use of the HydraGEN technology in North America as compared with the environmental and operational conditions...Read More
Mr. Peter Grosskopf reportsSPROTT ANNOUNCES 2017 ANNUAL RESULTSSprott Inc. has provided its financial results for the year ended Dec. 31, 2017. Financial overview for the year ended Dec. 31, 2017Assets under management (AUM) were $7.3-billion as at Dec. 31, 2017, compared with $9.2-billion as at Dec. 31, 2016. In January, 2018, after giving effect to the acquisition of CFCL, total AUM increased to...Read More
Mr. Josh Crumb reportsGOLDMONEY PARTNERS WITH JUMIO TO RADICALLY STREAMLINE CUSTOMER ONBOARDING WITH BIOMETRIC-BASED VERIFICATIONGoldmoney Inc. has launched a new onboarding method with Jumio, the leading digital identity verification provider, after a successful beta release. This new on-line verification process is entirely paperless and significantly reduces on-line friction historically associ...Read More
The numbers: Construction spending was virtually unchanged in January, but from an upwardly revised December baseline of $1.26 trillion annual rate, the Commerce Department said Thursday. What happened: Outlays on construction remain strong. Overall spending in 2017 was about 4% higher than in 2016, and touched an all-time high. January spending was led by the public sector, which increased...Read More
(Kitco News)- U.S. President Donald Trump once again has shown hisaffinity for gold, coming to the market’s rescue Thursday as prices fell to atwo-month low.The gold market is heading into the weekend, benefiting from renewedmarket volatility and geopolitical uncertainty as investors digest theimplication of a possible global trade war after Trump announced that hisadministration would place...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. (Kitc...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
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.Next w...Read More
Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More
Base metals on the London Metal Exchange mostly closed the week in negative territory on Friday March 2, with aluminium the sole exception.The three-month aluminium price held steady throughout today's trading while the market assessed news that US President Donald Trump intends impose a 10% tariff on aluminium imports."Who knows what it will mean to for exchange prices? For sure it will affect th...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.The in...Read More
Refining charges (RCs) on blister copper imported into China stayed at high levels in February, with buyers snapping up tonnages on the well-supplied domestic spot market.China purchased several thousand tonnes of 98-99% blister copper, mainly from African producers, at RCs of $200-210 per tonne cif last month, according to Metal Bulletin's assessment.Metal Bulletin introduced its monthly RC asses...Read More
* Weaker dollar lifts gold from two-month low* Trade war fears spur safe-haven demand* Gold down 0.5 percent on the week (Recasts, updates prices throughout; adds comment, NEW YORK todateline)By Renita D. Young and Peter HobsonNEW YORK/LONDON, March 2 (Reuters) - Gold prices rose onFriday as the threat of a global trade war pushed equities andthe U.S. dollar lower and spurred demand for assets suc...Read More
FRANKFURT, March 2 (Reuters) - The European Central Bank hasstopped supervising the Austrian arm of Russian state bank VTBafter it slimmed down its European operations, the ECB said onFriday.A spokeswoman for the ECB said VTB's new set-up in Europe nolonger warranted direct supervision, which was now in the handsof Germany's national regulators, Bafin and the Bundesbank.Public scrutiny of ties bet...Read More
The Kamoa-Kakula copper project in the Democratic Republic of Congo (DRC) has increased its mineral resource estimate by 50%, which could bring around 21.5 billion lb (9.8 million tonnes) of copper into the market, Ivanhoe Mines said earlier this week. Research conducted in 2017 revealed Kakula's mineral resources at the Kamoa-Kakula mine stand at an estimated 174 million tonnes of which 5.62% is...Read More
Adam HamiltonArchivesMar 02, 2018 The US dollar has fallen rather sharply over the past year or so, despite ongoing Fed rate hikes. This persistent dollar weakness has really boosted gold. There's a fascinating interplay between these two currencies and futures speculators' expectations for Fed rate hikes. These traders hang on every word from top Fed officials, which greatly influences their trad...Read More