(Please note that all dollar amounts in this news release are expressed in U.S. dollars unless otherwise indicated.)TORONTO, May09, 2018(GLOBE NEWSWIRE) -- Primero Mining Corp. ("Primero" or the "Company") (TSX:P) today announced that First Majestic Silver Corp. ("First Majestic") (TSX:FR) (NYSE:AG) (Frankfurt:FMV) has received antitrust clearance from the Comisi??n Federal de Competencia Econ??mi...Read More

(Kitco News) - Before slowing down, Iran’s gold demand will see a surge in the short-term in response to U.S. President Donald Trump’s decision to pull out of the Iran nuclear deal, according to one Metals Focus analyst.“What’s going to happen initially, people will try to convert whatever they have into dollars or gold or whatever is of value that’s not going to depr...Read More

Major miners need to boost their reserves, and one way for them to do that is to invest in junior mining exploration corporations to find the next great deposit.Here is a list of the companies that Barrick Gold (TSX-V: ABX) has invested in.1) ATAC Resources (TSX-V: ATC) ATAC is a Yukon-based exploration company focused on developing Canada's only known Carlin-type gold district alongside Barrick a...Read More

(Kitco News) - Gold and silver prices were near steady levels in early-afternoon U.S. tradingWednesday. Gold market bulls are fighting to hold the yellow metal abovecritical chart support at $1,300.00, and they have been successful so far,which has stabilized the market for the time being. June Comex gold futureswere last down $0.50 an ounce at $1,313.20. July Comex silver was last up $0.073at $16...Read More

Getty ImagesThe economy is still adding plenty of new jobs almost nine years after the end of the Great Recession. The numbers: The number of job openings in the U.S. surged in March to a record 6.55 million from 6.1 million, showing companies are still eager to add workers with the economy growing soundly almost nine years after the last recession. What happened: Professional and white-collar...Read More

As long as Iran continues to implement its nuclear related commitments, as it is doing so far, the European Union will remain committed to the continued full and effective implementation of the nuclear deal, the EU's High Representative and Vice-President Federica Mogherini said yesterday. "We fully trust the work, competence and autonomy of the International Atomic Energy Agency that has publishe...Read More

(Kitco News) - Kitco aficionados, it isnow time to have your say in where you think gold prices are heading in theshort-term.Will gold prices go higher, lower or remain unchanged nextweek? Kitco readers will have until 9 a.m. EDT, Friday to cast their vote. The results will be tabulated and released after noon (12PM EDT) along with the results fromour market professional survey.Readers can also se...Read More

Base metals prices on the London Metal Exchange kept firm at the close of trading on Wednesday May 9, with copper's 1% climb leading a positive afternoon surge across the complex. The three-month copper prices traded as low as $6,766 per tonne today, finding support throughout the afternoon and climbing back over the $6,800 per tonne support level at the close. The red metal dropped marginally aft...Read More

3 Things in the Markets to Know Right Now The Dow Jones Industrial Average closed higher for the fifth consecutive session.U.S. crude oil prices jumped 3% on Wednesday, settling at $71.14 a barrel.The Nasdaq finished up 1% and the S&P 500 gained 0.97%. Market Overview Global stocks powered ahead Wednesday, with U.S. and European markets supported by surging energy stocks, as investors...Read More

Peru's zinc mine production rose by 7.2% year-on-year in March, attributed to a recovery from last year's decline caused by the torrential rainfall that hit the country then. Production came to 117,753 tonnes, from 109,873 tonnes in March 2017, according to the latest figures from the country's energy and mines ministry, MEM. The increase mostly reflects the impact of weak output achieved in March...Read More

(Kitco News)- Gold-backed exchange-traded fundssaw their most significant level of inflows last month in more than a year as gold prices rose to a two-month high, according to the latest data compiled by theWorld Gold Council.The monthly investment data showthat global gold ETFs increased their holdings by 72.2 tonnes to 2,481 tonnesin April. This is the second straight month of inflows and follow...Read More

Azarga Uranium Corp and URZ Energy Corp have announced they are to merge to form a new US-focused in-situ leach (ISL) uranium development company. The merger will allow the companies, which are both based in Vancouver, Canada, to consolidate their US uranium assets which together include measured and indicated resources of 30.7 million pounds U3O8 (11,809 tU) plus additional inferred resources of...Read More

Tin premiums in Europe ticked higher again in the week to Tuesday May 8 on the back of a temporary supply crunch, which resulted from the halt in exports from Indonesia at the start of the quarter. Shipments have now resumed and material is already on its way to consuming regions including Europe and the United States, but it arrives later this month and supply is getting tighter meaning premiums...Read More

I strongly believe that labeling the condition of the stock market based on arbitrary "percentage changes" up or down is absurd. But then again most attributes of the current stock market are sublimely ridiculous, if not outright Orwellian.But, what the heck. If down 20% is how you want to define a "bear market," then a portfolio of Lennar (LEN, down 24%), Beazer (BZH, down 24%) and KB Homes (KB...Read More

Standard Chartered says “the floor forprices has risen” in the gold market without requiring significant physicaldemand to cushion the downside. The precious metal remains range-bound -although at the lower end of the band - but price dips have not been deepenedby a soft physical market, the bank says. “We continue to expect prices to testthe downside in the lead-up to the June F...Read More

PrimeroMining Corp. (TSX: P) reports that the Comisi??n Federal deCompetencia Econ??mica has provided antitrust clearance for a planned merger inwhich First Majestic Silver Corp. (TSX: FR; NYSE: AG) will acquire Primero.Officials say this was the final government agency approval required beforeclosing. Primero says closing of the deal is expected on Thursday. Thecompanies announced the all-st...Read More

CloseGain/LossGold $1311.80-$2.60Silver$16.49+$0.01XAU82.38-0.35%HUI180.27-0.50%GDM632.77+0.05%JSE Gold1090.34+12.48USD93.12+0.02Euro118.51-0.14Yen91.21-0.48Oil$71.14+$2.0810-Year3.005%+0.031T-Bond142.53125-0.84375Dow24542.54+0.75%Nasdaq7339.91+1.00%S&P2697.79+0.97% The Metals: Gold fell $9.60 to $1304.80 in Asia before it climbed up to $1317.30 in late morning New York trade and then drif...Read More

May 9 (Reuters) - Galane Gold Ltd:* GALANE GOLD LTD. RELEASES FINANCIAL AND OPERATING RESULTS FOR FIRST QUARTER 2018 AND ANNOUNCES PRODUCTION RESULTS FOR APRIL 2018* GALANE GOLD LTD - PRODUCED 7,649 OUNCES OF GOLD IN QUARTER* GALANE GOLD LTD - PRODUCED A TOTAL OF 4,004 OUNCES OF GOLD FOR MONTH OF APRIL 2018 Source text for Eikon: Disclaimer: The views expressed in this article are those of the au...Read More

Gold now has limited downside (20%) but substantial upside (650%)Gains on gold are likely to come at a time when stocks are crashingInvestors and savers without an allocation to gold will be wiped outTime to consider saving in physical gold? Editors noteby James Rickards, Daily ReckoningFollowing the Panic of 1907, John Pierpont Morgan was called to testify before Congress in 1912 on the subject...Read More

Zinc's fall from more than US$1.60 a pound three months ago to less than $1.40/lb earlier this week is a sign that the market for the metal is stabilising and while there could be a little more oomph in zinc a return to higher prices could also be a trap for investors betting on a return to near-boom conditions.Tim Treadgold World zinc mine production could top 13 million tonnes for the first time...Read More