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Adamera Minerals moves drill to near Key West mine

March 13, 2018 / www.stockwatch.com

Mr. Mark Kolebaba reportsADAMERA'S SE-01 RESULTS LOW GRADE - DRILL MOVED TO KEY WEST MINE CONDUCTORAdamera Minerals Corp.has provided gold results for the first and second drill holes on the SE-01 VTEM target at its Cooke Mountain project in Washington State. Drill hole HLK18-01 returned elevated gold values up to 0.3 gram per tonne in zones with sulphide mineralization. Drill hole HLK18-02 provid...Read More

Auryn Resources arranges $8.5M (U.S.) in financings

March 13, 2018 / www.stockwatch.com

Mr. Shawn Wallace reportsAURYN RESOURCES ANNOUNCES US$8.5 MILLION FINANCINGAuryn Resources Inc. has entered into an agreement dated March 13, 2018, with Cantor Fitzgerald Canada Corp. (CFCC), as bookrunner and lead underwriter, on behalf of itself and a syndicate of underwriters, to purchase, on a bought deal basis, 5,230,770 common shares of the company at the price of $1.30 (U.S.) per offered sh...Read More

Outside The PDAC World, Do People Care About Mining?

March 12, 2018 / www.kitco.com

Mar 13, 2018 Guest(s): Michael Gravelle Minister of Northern Development and Mines Canadian residents, particularly in northern Ontario, are well informed of mining activities and the metals industry as a whole, according to Michael Gravelle, Minister of Northern Development and Mines of Ontario. "We know that some communities are simply focused on mining developments because that's where all th...Read More

Primero Announces Shareholders Vote in Favour of First Majestic Acquisition

March 13, 2018 / www.stockwatch.com

Primero Announces Shareholders Vote in Favour of Transaction With First MajesticTORONTO, ON--(Marketwired - March 13, 2018) - Primero Mining Corp. ("Primero" or the "Company") (TSX: P) and First Majestic Silver Corp. ("First Majestic") (TSX: FR)(NYSE: AG) are pleased to announce that Primero's shareholders have voted in favour of the arrangement transaction (the "Transaction") at a special meeting...Read More

Skeena Resources arranges $6-million private placement

March 13, 2018 / www.stockwatch.com

Mr. Walt Coles Jr. reportsSKEENA ANNOUNCES $6.0 MILLION PRIVATE PLACEMENT FINANCINGSkeena Resources Ltd. has entered into an agreement with a syndicate of agents co-led by PI Financial Corp. and Sprott Capital Partners in connection with a marketed best efforts private placement of up to five million units and up to 4,285,715 flow-through common shares of the company to raise aggregate gross proce...Read More

Tillerson Exit And CPI Data Take Dollar Lower

March 13, 2018 / www.kitco.com

Although not a fall from grace, the U.S. dollar lost further ground today in response to the departure of the U.S. Secretary of State Rex Tillerson, as well as the CPI data report. Now for the third consecutive day, the U.S. dollar has traded under pressure to close lower on the day, as well as containing a lower low and lower high than the previous session.As of 4:00 PM Eastern standard time, the...Read More

Novo Resources receives $3.33M from warrant exercise

March 13, 2018 / www.stockwatch.com

Mr. Rob Humphryson reportsNOVO REPORTS FULL EXERCISE OF MARCH 2016 SHARE PURCHASE WARRANTS All of Novo Resources Corp.'s 3,927,884 share purchase warrants issued in a private placement which closed on March 8, 2016 (see the company's news release of March 8, 2016), have been exercised, raising gross proceeds of $3,338,701. Novo's current cash balance stands at approximately $69.5-million."We are d...Read More

Gold Lifted On Some Safe-Haven Demand, Weaker U.S. Dollar

March 13, 2018 / www.kitco.com

(Kitco News) - Gold prices wereending the U.S. day session with moderate gains early Tuesday afternoon. Theprecious metals saw some safe-haven demand due to increasing concerns aboutturmoil in the Trump administration. A lower U.S. dollar index on this day alsoworked in favor of the metals bulls. April Comex gold futures were last up $5.70an ounce at $1,326.50. May Comex silver was last up $0.069...Read More

Adamera Minerals moves drill to near Key West mine

March 13, 2018 / www.stockwatch.com

Mr. Mark Kolebaba reportsADAMERA'S SE-01 RESULTS LOW GRADE - DRILL MOVED TO KEY WEST MINE CONDUCTORAdamera Minerals Corp.has provided gold results for the first and second drill holes on the SE-01 VTEM target at its Cooke Mountain project in Washington State. Drill hole HLK18-01 returned elevated gold values up to 0.3 gram per tonne in zones with sulphide mineralization. Drill hole HLK18-02 provid...Read More

Last Five Rate Hikes Has Been A Buying Opportunity Gold Investors - Saxo Bank

March 13, 2018 / www.kitco.com

(Kitco News)- If history is any guide, next week could signal asignificant buying opportunity for gold investors as long as prices hold criticalsupport above $1,285 an ounce, according to one analyst.“The five rate hikes seen so far in this current cycle allresulted in the same behavior with gold selling off ahead only to rallystrongly once the announcement was made,” Ole Hansen, head...Read More

U.S. Inflation Picked Up in February Without Any Big Acceleration

March 13, 2018 / www.bloomberg.com

Consumer price index, core both rise 0.2% from prior monthAuto prices decline; housing, apparel costs increaseU.S. consumer prices rose 0.2 percent from January matching the median estimate of economists.U.S. consumer prices continued to firm in February, indicating inflation is creeping up toward the Federal Reserve’s target without the kind of breakout that would warrant a faster pace of...Read More

Auryn Resources arranges $8.5M (U.S.) in financings

March 13, 2018 / www.stockwatch.com

Mr. Shawn Wallace reportsAURYN RESOURCES ANNOUNCES US$8.5 MILLION FINANCINGAuryn Resources Inc. has entered into an agreement dated March 13, 2018, with Cantor Fitzgerald Canada Corp. (CFCC), as bookrunner and lead underwriter, on behalf of itself and a syndicate of underwriters, to purchase, on a bought deal basis, 5,230,770 common shares of the company at the price of $1.30 (U.S.) per offered sh...Read More

Record Low Volatility in Precious Metals and What it Means

March 13, 2018 / www.miningfeeds.com

The past 18 months have been difficult for precious metals investors. If you had known Donald Trump would be elected and the US Dollar would soon begin a nearly 15% decline, you would have expected Gold to blow past its 2016 high. You would have been shocked to see the gold miners and junior gold stocks trading lower. Gold has fared okay but the gold stocks and Silver have lagged. As US equities h...Read More

Trump Seeking Tariffs On Up To $60 Billion Chinese Goods; Targets Tech, Telecoms

March 13, 2018 / www.kitco.com

David Lawder, David ShepardsonWASHINGTON (Reuters) - U.S. President Donald Trump is seeking to impose tariffs on up to $60 billion of Chinese imports and will target the technology and telecommunications sectors, a source who had discussed the issue with the White House said on Tuesday.A second source who had direct knowledge of the administration’s thinking said the tariffs could come &ldqu...Read More

Skeena Resources arranges $6-million private placement

March 13, 2018 / www.stockwatch.com

Mr. Walt Coles Jr. reportsSKEENA ANNOUNCES $6.0 MILLION PRIVATE PLACEMENT FINANCINGSkeena Resources Ltd. has entered into an agreement with a syndicate of agents co-led by PI Financial Corp. and Sprott Capital Partners in connection with a marketed best efforts private placement of up to five million units and up to 4,285,715 flow-through common shares of the company to raise aggregate gross proce...Read More

What you can learn from the 1987 stock market crash

March 13, 2018 / www.marketwatch.com

It was 1987. Nobody was putting Baby in the corner. The rhythm was gonna get you. And stocks took the biggest single-day dive ever. On Oct. 19, the Dow Jones Industrial Average DJIA, -0.68% slid 508 points to 1,783 for a historic 22.6% loss. So you can imagine the panic investors endured at the time-enough to earn the name "Black Monday." What triggered the crash? Even in hindsight, it's hard t...Read More

DoubleLine's Gundlach Sees U.S. 10-Year Treasury Yield Rising, Weighing On Stocks

March 13, 2018 / www.kitco.com

Trevor Hunnicutt, Jennifer AblanNEW YORK (Reuters) - Jeffrey Gundlach, the chief executive of DoubleLine Capital and known on Wall Street as the “Bond King,” said on Tuesday the yield on the U.S. 10-year Treasury note will likely move higher and pressure riskier assets including equities and junk bonds.Gundlach, on an investor webcast, said massive U.S. Treasury supply to fund the ball...Read More

Bruce Power partners in climate change study

March 13, 2018 / tinyurl.com

Ontario's Bruce Power has partnered with the Council of the Great Lakes Region (CGLR) to conduct a three-year study of the impact of climate change on the region. The study will investigate the impacts on the region's ecosystems as well as corporate action to tackle climate change locally and regionally.Bruce Power's Ontario site (Image: Bruce Power)The Great Lakes Region includes the Canadian pr...Read More

LIVE FUTURES REPORT 13/03: LME lead recovers 2% after Antwerp cancellation; base metals regain losses

March 13, 2018 / www.metalbulletin.com

Lead was the strongest performer on the London Metal Exchange on Tuesday March 13 - closing 2.2% higher.8,000 tonnes of lead was freshly cancelled in Antwerp this morning giving fresh support to prices while stocks tighten once again. LME warrants are also tightly held with one entity holding 30-39% of warrant positions."Lead is carrying out some much needed base-building after breaking below $2,4...Read More

Jack Chan's Weekly Precious Metals Update

March 13, 2018 / www.marketslant.com

Source: Jack Chan for Streetwise Reports 03/12/2018Technical analyst Jack Chan charts recent movements in the gold and silver markets.Our proprietary cycle indicator is down.The 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.The gold sector is on a short-term buy signal. Short-term signals can...Read More

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