CloseGain/LossGold $1316.50-$8.70Silver$16.39-$0.16XAU78.81-1.23%HUI171.57-1.50%GDM600.49-1.22%JSE Gold1067.94-9.34USD90.15+0.41Euro123.05-0.62Yen94.11-0.03Oil$61.19+$0.2310-Year2.825%+0.008T-Bond145.96875+0.09375Dow24873.66+0.47%Nasdaq7481.74-0.20%S&P2747.33-0.08% The Metals: Gold edged up to $1327.90 in Asia before it dropped back to $1315.00 in midafternoon New York trade and then bounc...Read More

BloombergSenator Rand Paul, a Republican from Kentucky and 2016 presidential candidate, is trying to get a floor vote on his signature 'Audit the Fed' legislation. Sen. Rand Paul, a Republican from Kentucky, has been unsuccessful in prior attempts to pass his so-called Audit the Fed legislation calling for a Government Accountability Office review of the Federal Reserve. It looked like Paul might...Read More

Inca OneInca One Gold (IO.V) has processed 2,018 tonnes (72 tpd) of ore-bearing material at the Chala One processing plant in Chala, Peru. That's a substantial 33% increase compared to the 1,522 tonnes per day in the same month last year. This resulted in the production of 'just over' 910 ounces gold, which is an all time high for this short month and 10% higher than the gold production in January...Read More

BHP has invited unions representing workers at Escondida, the world's largest copper mine, to high-stakes labor contract talks that were originally set to commence on June 1, the union said."The union has summoned partners this and next week, to discuss the invitation and decide whether to accept or reject it," the Union No. 1 said in a statement.BHP...Read More

From a trader's standpoint, thereis no worse pattern than the consolidation or congestion pattern. The patternstands for the greatest time of uncertainty. The bulls get excited and pushmarkets up to a certain point, and bears show up with new money and sell. Themarkets make a series of double tops and double bottoms and go nowhere.Gold is in that exact pattern. Ithas been consolidating since the b...Read More

The Russia-Britain spat needs to be closely watched. Any deterioration of relations between the two nations will be bullish for gold and bearish for the US dollar. Theresa May is using Russia as a way to divert attention from her political woes and Brexit fears. All international treaties and conventions have been broken by the UK over the killing of an ex spy. I am not even sure whether the UK...Read More

A tailings dam wall failure will likely hinder Newcrest Mining (AU:NCM) hitting its full-year guidance at the Cadia mine in New South Wales, Australia.Kristie BattenThe tailings dam wall failure at Newcrest's Cadia mine started last week15 MARCH 201815/03/2018commentsshare Speaking to investors on Thursday morning, managing director Sandeep Biswas said the company was extremely disappointed th...Read More

NEW YORK (Reuters) - Oil prices edged higher in choppy trade on Thursday after the International Energy Agency said global oil demand is expected to pick up this year, but warned supply is growing at a faster pace.Prices notched their second consecutive day of gains, as West Texas Intermediate (WTI) crude CLc1 futures rose 23 cents to settle at $61.19 a barrel, a 0.4 percent gain. Brent crude LCOc...Read More

Argentina Lithium & Energy (LIT.V) has expanded its project portfolio with the most recent acquisition of 14,000 hectares of land on the Salar de Antofalla in Argentina's Salta province. The acquisition will happen in two parts; a first 9,000 hectares have been staked whilst Argentina Lithium has entered into an option agreement to earn a 100% stake in an additional 5,300 hectares.The exact de...Read More

The London Metal Exchange is modifying its technology to allow it to launch multiple contracts at once, something it plans to do at the end of the year, according to the exchange's chief executive officer. Matthew Chamberlain said that the move, designed to add a level of dynamism to the LME's systems, would delink the launch of new contracts from the release of new technology. The exchange is the...Read More

Adit 1 at US Cobalt's Iron Creek Cobalt Project in Idaho after rehabilitation. Source: US Cobalt Inc.Under the terms of an arrangement agreed to by both companies, all of US Cobalt's issued and outstanding shares will be exchanged on the basis of 1.5 First Cobalt common shares for each US Cobalt shares.The exchange ratio represents a 61.8% premium to US Cobalt's closing price and a 58.5% premium b...Read More

NEW YORK (Reuters) - The S&P 500 turned lower on Thursday on a report that U.S. Special Counsel Robert Mueller had issued a subpoena for documents related to U.S. President Donald Trump’s businesses, reinforcing the picture of turmoil in the White House.The S&P fell to a session low soon after the New York Times report was released. The Nasdaq, already down, added to its losses, whil...Read More

Mint Corporation (TSXV:MIT) currently provides employers with automated payroll services and a proprietary Automated Teller Machine network for unbanked employees in the United Arab Emirates (UAE)SmallCapPower | March 15, 2018: Mint Corporation (TSXV:MIT), on Thursday, March 15, 2018, announced that, due to strong interest from prospective partners in both emerging and mature markets, that it has...Read More

Major international mining companies operating in the Democratic Republic of Congo (DRC) have resigned from the country's Chamber of Commerce ahead of a month of talks with the government to resolve their dispute over the new mining code. A legal and technical team representing Randgold Resources, AngloGold Ashanti, Glencore PLC, Ivanhoe Mines, Gold Mountain International/Zijin Mining Group, MMG (...Read More

BRUSSELS (Reuters) - Large companies with significant digital revenues in the European Union such as Google and Facebook could face a 3 percent tax on their turnover under a draft proposal by the European Commission seen by Reuters.The proposal, expected to be adopted next week and still subject to changes, updates an earlier draft which envisaged a tax rate of between 1 and 5 percent.The tax, if...Read More

Mining executives must learn to decide which transformational programmes and innovations to pursue and celebrate their successes better if they are to avoid 'change fatigue' among their workforces, according to international management consultant, Proudfoot.Chris CannHead of Aspermont Research & IntelligenceWorkers become disengaged when they are asked to embark on multiple change programmes,...Read More

Dollar climbs, gold sinks on Kudlow remarks; yen gains againInvestors weigh mixed outlook on trade, Fed policy trajectory'Good Side' of U.S. Eco Data Is Strong, Says BofA's MeyerU.S. stocks ended mixed Thursday, as industrial and tech gains were offset by losses in the consumer and energy sector. Ten-year Treasury yields steadied after briefly sinking below 2.80 percent as traders look forward to...Read More

The latest metal markets news and price moves to start the North American day on Thursday March 15.The LME aluminium price shrugged off news of a 22,270-tonne delivery in to listed warehouses in Port Klang. But the three-month tin price was the worst performer, falling $350 to $20,800 per tonne, coming under pressure from improved availability in China. Here is how the LME base meta...Read More

WASHINGTON (Reuters) - Democrats on a congressional oversight panel accused Republicans on Thursday of failing to insist that U.S. President Donald Trump’s administration comply with requests for records in an investigation of security clearance practices, use of private jets and private email accounts.Democrats said that at a committee meeting on Thursday, Republicans blocked requests that...Read More

A Mining Journal/Mining Magazine Future of Mining channel survey of more than 40 global mining and contract mining companies has highlighted surging industry-wide expectations around the role of key technologies in lifting mobile and fixed asset management standards, and returns, to the levels of rival capital-intensive industries.Richard Roberts Image: BDO15 MARCH 201815/03/2018commentsshareCondu...Read More