Today is the first day of May andthe new month is not helping the metals, which struggled through the month ofApril. Gold has lost about 4% from the highs in early April, with threeconsecutive ugly down weeks. The recent action brings a possible ugly run intothe mix.Gold is now breaking down throughmajor support and failure here brings the possibility of much lower prices.This week brings a ton of...Read More

Despite spending more on health care than the majority of developed countries with universal-access health-care systems, Canada performs poorly in international comparisons of the performance of health systems. Canada's health policies also differ from those of other nations with universal-access health care-in particular, those that have the developed world's best performing universal systems-in...Read More

Spot zinc concentrate treatment charges basis CIF to major East Asian ports remained flat while lead concentrate terms declined marginally in April.The market remains extremely tight for spot concentrates, with mine supply yet to translate into markedly higher terms paid for cargoes.In China, the domestic zinc market's delivered TCs fell further, while mines struggled to ramp up and feed demand fr...Read More

Egyptian billionaire Naguib Sawiris isn't your typical gold bug. The chairman of Orascom Telecom Media and Technology Holding S.A.E. told Bloomberg in an interview from Cairo this week that he sees gold GCM8, +0.06% surging up to $1,800 an ounce while the "overvalued" stock market hits the skids. At last check, gold was down almost 1% at $1,307 an ounce while the Dow DJIA, -0.27% and S&P S...Read More

Bob Moriarty ArchivesMay 1, 2018There are hundreds of junior resource companies in Vancouver and Toronto that have had the devil’s own time trying to get traction since the high water mark for the metals in 2011. I believe we had a major bottom in December/January of 2016 but many companies have yet to secure financing to move forward. It will come one day because the majors are consuming th...Read More

As gold’s slide continues, the 200-day movingaverage and psychologically important $1,300 level become a key support areafor the precious metal, says MKS (Switzerland) S.A. As of 7:55 a.m. EDT, spot gold was $7.40lower to $1,308.20 an ounce andbottomed at $1,307.70, its weakest level since March. ““Support-wise, we are nearing some key technical levels withthe 200 DMA at $1,304 a...Read More

Stewart Thomsonemail: stewart@gracelandupdates.comemail: stewart@gracelandjuniors.comemail:stewart@gutrader.comMay 1, 2018A time-tested mantra for the US stock market is, “Sell in May and go away.” The depth of a stock market sell-off that begins in May depends on where the United States economy sits in the business cycle. In the early stages of the cycle, sell-offs that begin in May a...Read More

What concerns me is when people put their hard-earned money into housing or any other supposed store of value thinking that the sky is the limit. We are living in an age of epic distortions, misinformation and outright fraud. - Aaron Layman, Dallas-based Realtor, member of the Dallas and Houston MLS boards and a housing market analystThe propaganda about a hot economy, "overheated" housing market...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

Egypt's Sawiris has put half his entire net worth into goldHe's been waiting 10 years for North Korea stakes to pay offSome big investors see warning signs ahead for markets but are holding their positions. Egyptian billionaire Naguib Sawiris is taking action: He’s put half of his $5.7 billion net worth into gold.He said in an interview Monday that he believes gold prices will rally further...Read More

Spot treatment and refining charges (TC/RC) for copper concentrates firmed moderately in the last two weeks of April, with the market continuing to weigh strong, short-term market availability against potential major disruptions in the coming months.Metal Bulletin's copper concentrates TC/RC index ticked higher for the second consecutive fortnight to $68.10 per tonne/6.81 cents per lb on April 30,...Read More

Some big investors see warning signs ahead for markets but are holding their positions. Egyptian billionaire Naguib Sawiris is taking action: He's put half of his $5.7 billion net worth into gold.He said in an interview Monday that he believes gold prices will rally further, reaching $1,800 per ounce from just above $1,300 now, while "overvalued" stock markets crash."In the end you have China and...Read More

Centerra GoldInc. (TSX: CG) reports net earnings of $9 million, or 3 cents per share, in thefirst quarter, down from $57 million, or20 cents, in the same period a year ago. The January-March results includecharges of $4.4 million for the acquisition of AuRico Metals Inc. Excludingthis, adjusted earnings in the first quarter were $13.5 million, or a nickel.Revenue fell to $235 million from $285 m...Read More

Chinese ferro-vanadium exporters increased their offer prices in the week to Friday April 27 amid recovering prices in Europe, while US ferro-vanadium prices stagnated due to inactivity in the spot market. Chinese ferro-vanadium export prices tick up on the back of European recovery  European market firm week on week on thinning spot inventories  US ferro-vanadium price stagnates on mar...Read More

Vancouver, BC - Graphite One Resources Inc. (TSX-V:GPH | OTCQX:GPHOF) ("Graphite One" or the "Company"), announces that it intends to complete a non?EUR?brokered private placement offering (the "Offering") to raise gross proceeds of up to CA$2,500,000.The Corporation plans to issue up to 35.7 million units (the "Units") at a price of CA$0.07 per Unit. Each Unit consists of one common share...Read More

Manganese ore prices increased by as much as 70% between early December and late in March when they started to slide again.In March, Metal Bulletin's 37% fob index rose as high as $7.57 per dry metric tonne unit (dmtu) and the 44% cif index as high as $8.82 per dmtu. Metal Bulletin examines the effects of the recent manganese ore rally on miners, traders and consumers. Smaller...Read More

CloseGain/LossGold $1305.10-$9.60Silver$16.17-$0.14XAU81.42+0.34%HUI179.20+0.41%GDM623.44+0.16%JSE Gold1104.60+8.93USD92.47+0.62Euro119.94-0.90Yen91.23-0.35Oil$67.25-$1.3210-Year2.969%+0.034T-Bond143.1875-0.65625Dow24099.05-0.27%Nasdaq7130.70+0.91%S&P2654.80+0.25% The Metals: Gold dropped $12.80 to $1301.90 in late morning New York trade before it bounced back higher into the close, but it...Read More

Vancouver, BC - Peekaboo Beans Inc (TSX-V:BEAN) (the "Company" or "Peekaboo Beans"), is pleased to announce the Company has recruited a record 288 stylists in Q2, representing a 423% increase over Q2 2017.The increase has been attributed to the Company's consistent marketing in Canada, and the launch and increased marketing activity in the United States. The Company is pleased with the success...Read More

WASHINGTON (Reuters) - U.S. Trade Representative Robert Lighthizer said on Tuesday it was not his objective to change China’s economic system, but he would try to find ways to limit the damage it causes to the United States and open it further for U.S. companies.Speaking at the U.S. Chamber of Commerce ahead of his participation in a Trump administration trade delegation to China later this...Read More

Spot zinc concentrate treatment charges basis CIF to major East Asian ports remained flat while lead concentrate terms declined marginally in April.The market remains extremely tight for spot concentrates, with mine supply yet to translate into markedly higher terms paid for cargoes.In China, the domestic zinc market's delivered TCs fell further, while mines struggled to ramp up and feed demand fr...Read More