Canadian Nuclear Laboratories (CNL) has issued a request for proposals (RFP) for the design and construction of a CAD370 million (USD283 million) laboratory research complex that will be the largest single capital investment in the CAD1.2 billion revitalisation of its Chalk River site.The ANMRC is central to CNL's vision for Chalk River (Image: CNL)The Advanced Nuclear Materials Research Centre (A...Read More

(Kitco News) - Holdings of gold by global exchange-traded funds have risento a multi-year high, even if the price of the metal has gone the other waylately.Comex April gold was trading at $1,310 an ounce as of 8:30 a.m. EDT.The metal closed at $1,325 last Wednesday, before three straight days of large ETFinflows.Analysts suggested the price dip has encouraged buying ofgold ETFs, as has nervousness...Read More

Comex copper prices tumbled to a mid-December low after investors moved to the sidelines ahead of a critical US central bank meeting. Copper for May settlement on the Comex division of the New York Mercantile Exchange tumbled 3.30 cents or 1.1% to $3.0490 per lb. Earlier, the contract touched $3.0290, the lowest since December 13. The red metal is now on...Read More

Canada has one of the most expensive universal health-care systems in the developed world. However, there is an imbalance between the value Canadians receive and the relatively high amount of money they spend on their health-care system. Of particular concern is the fact that Canada has significantly fewer physicians and acute-care beds, and also ranks poorly for the availability of important medi...Read More

Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:stewart@gutrader.comMar 20, 2018It’s very important for gold, bond, and stock market investors to stay focused on the main fundamental price drivers and ignore what may feel exciting but is largely irrelevant to price discovery. Citizen demand from China/India and US central bank policy are the main pr...Read More

BUENOS AIRES (Reuters) - Brazilian Finance Minister Henrique Meirelles said on Tuesday that U.S. Treasury Secretary Steven Mnuchin listened to Brazil’s qualms about planned steel tariffs and would relay them to the U.S. Commerce Department.Meirelles, speaking at a news conference, said he told Mnuchin the tariffs would be “counterproductive” because they would hurt U.S. companies...Read More

Deteriorating real economic fundamentals - The most important economic report out last week was retail sales for February, which showed at 0.1% decline from January. This was a surprise to Wall Street's brain trust, which was expecting a 0.4% gain. Keep in mind the 0.1% decline is nominal. After subtracting inflation, the "unit" decline in sales is even worse. This was the third straight month ret...Read More

The main union at Antofagasta's Los Pelambres copper mine has agreed to extend government-led mediation by five days, postponing a potential strike there. Mediation started on March 9 after the union rejected Antofagasta's offer of a new labor contract and was...Read More

Gold is on the defensive as traders await the outcomeof a two-day meeting of the Federal Open Market Committee that is expected toresult in a 25-basis-point U.S. interest-rate hike, says George Gero, managingdirector with RBC Wealth Management. As of 10:01 a.m. EDT, ComexApril gold was down $9.10to $1,308.70 an ounce. “Gold sellers return as Fed meeting [begins] and ratehike is apparently th...Read More

The US gold price was lower ahead of a two-day Federal Reserve Federal Open Market Committee meeting starting today, the first to be chaired by Jerome Powell and widely tipped to end with a rise in interest rates.Staff reporterNorthern Star gains20 MARCH 201820/03/2018commentsshareThe spot price was down slightly to around US$1,316 an ounce earlier today, however Australian gold miners were happy...Read More

Canada-based junior miner Wealth Minerals has entered into an agreement with Chile's state-owned Empresa Nacional de Mineria (Enami) to help it develop and commercialize its Salar de Atacama and Laguna Verde lithium projects. The strategic alliance gives the companies two years to study and assess the properties and to form a partnership for their exploration, development and mining, as well as fo...Read More

On Monday, the equity marketswere under heavy pressure early, as was the dollar. And where were the metals?They were only slightly higher. Metals continue to be asleep with no energy. WithMonday's fear in equities and a weak dollar, gold could only muster a smallrally. With equities down almost 500 points and the euro currency up big andgold on support, the rally was disappointing.With equities lo...Read More

Bankers Cobalt Corp. (TSXV: BANC) recently released results on their first 12 drill holes, revealing some high-grade copper along with some cobalt. Peter Bell dives in deeper as to what this means as it could turn out to be very exciting news.Below is an excerpt and a link to the article.What a success story.It's sure been possible to make major progress quickly in DRC in recent years. The threa...Read More

The second-quarter European ferro-chrome benchmark price will rise sharply once it is announced later this week, market participants spoken to by Metal Bulletin said.Traders have reported reduced liquidity while market participants await the release of the new settlement.On Friday, Metal Bulletin's benchmark indicator predicted that the settlement would be $1.41 per lb, which would represent a qua...Read More

Excellent news from BonTerra Resources (BTR.V) today as the company has published some initial results from its winter drill program at the Gladiator gold project in Qu?(C)bec, Canada. These assay results were releases sooner than we expected, but after seeing the grades, it's understandable why BonTerra was very keen on releasing the assay results for the first four holes rightaway instead of 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

CloseGain/LossGold $1310.40-$6.40Silver$16.20-$0.13XAU78.13-0.68%HUI169.21-1.11%GDM594.85-0.78%JSE Gold1066.77+5.10USD90.41+0.54Euro122.46-0.92Yen94.08-0.15Oil$63.40+$1.3410-Year2.887%+0.035T-Bond144.8125-0.71875Dow24727.27+0.47%Nasdaq7364.30+0.27%S&P2716.94+0.15% The Metals: Gold fell $9.60 to $1307.20 at about 10:30AM EST before it climbed back higher into midday, but it still ended with...Read More

- $8.8B Sprott Inc. sees higher gold on massive consumer debt, defaults & bankruptcies - Rising and record U.S. debt load may cause financial stress, weaken dollar and see gold go higher- Massive government and consumer debt eroding benefits of wage growth (see chart)by BloombergRising U.S. interest rates, usually bad news for gold, are instead feeding signs of financial stress among debt-la...Read More

Canada-based junior miner Wealth Minerals has entered into an agreement with Chile's state-owned Empresa Nacional de Mineria (Enami) to help it develop and commercialize its Salar de Atacama and Laguna Verde lithium projects. The strategic alliance gives the companies two years to study and assess the properties and to form a partnership for their exploration, development and mining, as well as fo...Read More

BUENOS AIRES (Reuters) - U.S. Treasury Secretary Steven Mnuchin said on Tuesday that U.S. tariff actions are “not about protectionism” but about defending American interests against unfair trade practices.Mnuchin told a news conference at the end of a trade-dominated meeting of G20 finance ministers and central bank governors here that President Donald Trump was not afraid of a trade w...Read More