Mr. Joseph Campbell reportsTERRAX WINTER DRILLING EXTENDS SAM OTTO ZONE WITH 1.5 KM STEP-OUT HOLE, CONFIRMING A 2.2 KM LONG MINERALIZED ZONE OPEN ALONG STRIKE AND AT DEPTHTerrax Minerals Inc. has released assay results from the first five holes (2,003 metres) of its 2018 winter drill program now under way on the Yellowknife City gold project.Two of these holes (688 metres) tested the Sam Otto Sout...Read More
One of the more famous catchphrases from the 1960s sitcom 'Get Smart' was "Missed it by that much." Holding up a thumb and forefinger to demonstrate an extremely small space, Maxwell Smart (Agent 86) would use this phrase to describe his failure. Missed It by THAT MuchThat same catchphrase could be used for the estimates economists gave this week for the Labor Department's Jobs report. The median...Read More
Editor's Note: Gold and silver have 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. (Kit...Read More
Mr. Joseph Campbell reportsTERRAX WINTER DRILLING EXTENDS SAM OTTO ZONE WITH 1.5 KM STEP-OUT HOLE, CONFIRMING A 2.2 KM LONG MINERALIZED ZONE OPEN ALONG STRIKE AND AT DEPTHTerrax Minerals Inc. has released assay results from the first five holes (2,003 metres) of its 2018 winter drill program now under way on the Yellowknife City gold project.Two of these holes (688 metres) tested the Sam Otto Sout...Read More
Editor's Note: Gold and silver have 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. (Kit...Read More
January pay gain that spooked markets revised down to 2.8%Hiring strongest since mid-2016 as participation rate surgesThe U.S. added 313,000 jobs in January beating the estimate of 205,000. Bloomberg's Mike McKee reports.The U.S. economy enjoyed the biggest hiring spree since mid-2016 in February as workers streamed in from the sidelines of the labor force, but inflation pressures remained muted a...Read More
Earlier thisweek, I attended the annual Prospectors & Developers Association of Canada(PDAC) conference in Toronto. It is the premier destination for miningcompanies to mingle with suppliers, customers, potential investors,consultants, and analysts. Not only is this a must-attend event for professionalmining investors such as myself, PDAC can also be a very good gauge of sentimentin the gold s...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
The UK must be able to operate as an "independent and responsible nuclear state" as soon as it leaves the European Union in March 2019, the government has said in its response to a parliamentary report about the impact of Brexit on the country's nuclear industry.The Business, Energy and Industrial Strategy Committee is appointed by the House of Commons to examine the expenditure, administration an...Read More
Source: Jack Chan for Streetwise Reports 03/06/2018Technical analyst Jack Chan charts recent movements in the gold and silver markets.Our proprietary cycle indicator is down.Gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term.Gold sector is on a short-term sell signal. Short-term signals can last fo...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.Market...Read More
Nickel was the best performer on the London Metal Exchange at the close on Friday March 9, gaining more than 4%, with most of the complex ending the week on a high.The three-month nickel price recovered by $570 per tonne after a large 27,244-tonne cancellation at LME-listed warehouses this morning."Nickel is still enjoying overall bullishness that has been in place since it recovered from its June...Read More
3 Hot Things to Know About Markets Right Now Netflix (NFLX) shares pop on news of a potential deal with former President Obama. Netflix shares year to date: +58%.Happy 9-year birthday to the bull market! This is the second largest and second longest bull market ever, with only the '90s bull standing in the way of the record books points out LPL Financial. Market Snapshot U.S. stocks surge...Read More
TORONTO, ONTARIO--(Marketwired - March 8, 2018) - Denison Mines Corp. ("Denison" or the "Company") (TSX:DML)(NYSE AMERICAN:DNN)(NYSE MKT:DNN) today filed its Consolidated Financial Statements and Management's Discussion & Analysis ("MD&A") for the year ended December 31, 2017. Both documents can be found on the Company's website at www.denisonmines.com or on SEDAR (at www.sedar.com) and EDGAR (at...Read More
Comex copper prices rebounded in morning trading on Friday March 8 in the United States after the publication of a jobs report that exceeded expectations.Copper for May settlement on the Comex division of the New York Mercantile Exchange recovered 3.4 cents or 1.1% to trade recently at $3.1130 per lb. Yesterday, the contract slid to the lowest point since February 12.This morning, the US non-farm...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
Unionized workers at Antofagasta's Los Pelambres mine in Chile have voted to strike, rejecting the latest offer for a collective labor agreement from the miner."Around 99% of the voting workers voted in favor of a legal strike," Federacion Minera de Chile treasurer Dino Saltori said in a statement on the organization's website.Antofagasta had offered improvements for miner benefits and a "salary r...Read More
The census bureau does the data-gathering and the Bureau of Labor Statistics feeds the questionable data sample through its statistical sausage grinder and spits out some type of grotesque scatological substance. You know an economic report is pure absurdity when the report exceeds Wall Street's rose-colored estimate by 53%. That has to be, by far, an all-time record-high "beat."If you sift th...Read More
Key data from Metal Bulletin's Wednesday March 7 pricing session in China.Molybdenum concentrate Metal Bulletin Chinese free market, 45% Mo, in-warehouse China, RMB per mtu Key drivers- Supply is tight on earlier plant turnarounds conducted by major miners.- Recent surge in Chinese exports for January 2018 further underpins supply tightness.-...Read More
Bob Moriarty ArchivesMar 9, 2018Miramont is a brand new, only trading since November, exploration company focused on Southern Peru. Quinton Hennigh of Novo Resources and Irving Resources fame is the chairman of the board.I wrote about the company when they first went public.The four-month hold on the shares ends on the 15th of March and the shares become free trading the next day. Miramont issued...Read More