Mr. Brett Heath of Metalla reportsMETALLA ANNOUNCES FRIENDLY ACQUISITION OF VALGOLD AND ROYALTY ON THE GARRISON PROJECTMetalla Royalty and Streaming Ltd.and Valgold Resources Ltd. have entered into a definitive arrangement agreement whereby Metalla will acquire all of the issued and outstanding common shares of Valgold. Under the terms of the arrangement agreement, all of Valgold's issued and outs...Read More
Mr. Stephen Nano reportsMIRASOL IDENTIFIES HIGH-GRADE SILVER MINERALIZATION AT VIRGINIAProspecting and reconnaissance mapping have resulted in the discovery of new high-grade silver mineralization at Mirasol Resources Ltd.'s 100-per-cent-owned Virginia project in Santa Cruz, Argentina.High-grade rock chip assays results have been returned from the recent sampling program.These results add explorat...Read More
May 10, 2018 Guest(s): Leigh Goehring Managing Partner, Goehring & Rozencwajg Associates Compared to rising oil prices, gold is significantly undervalued and is presented with a good buying opportunity, said Leigh Goehring, managing partner at Goehring & Rozencwajg Associates. "Oil will continue to do well. If oil were to go to $100 a barrel and gold were to stay at these levels, we're getti...Read More
Mr. Michael Williams reportsVENDETTA COMMENCES FIELD PROGRAM AT THE PEGMONT LEAD-ZINC PROJECT AND PROVIDES CORPORATE UPDATEVendetta Mining Corp. has commenced the 2018 field program at the Pegmont lead-zinc project in Queensland, Australia.The objectives of the 2018 drilling program are:To expand the high-grade lead-zinc mineralization at Bridge zone;Develop a mineral resource around the high-grad...Read More
Image Courtesy of Shane Co.(Kitco News) - As the royal wedding between Prince Harry and Meghan Markle approaches, there is a lot of hype surrounding Markle’s wedding ring and whether or not it will be made out of the rarest Welsh gold.For almost a century, the royal family made wedding bands out of Welsh gold mined from the Snowdonia’s Clogau St David's mine located in Bontddu, North W...Read More
Hard rock lithium deposits are going to fill the demand as they are more evenly geographically distributed across the globe and are less dependant on a changing climate for production than lithium brine production. They are more and more filling the supply gap.According the United State Geological Survey's 2018 Mineral Commodity Summaries, Australia was the largest producer of lithium. It produc...Read More
Mr. Derek White reportsASCOT INCREASES TOTAL GOLD RESOURCES AT THE PREMIER-DILWORTH PROPERTIES IN BRITISH COLUMBIAAscot Resources Ltd. has releasedan updated National Instrument 43-101 resource estimate for its flagship Premier-Dilworth property in British Columbia's Golden Triangle. The additional resource includes high-grade zones from the Premier and Northern Lights area, which were modelled us...Read More
Mr. Brett Heath of Metalla reportsMETALLA ANNOUNCES FRIENDLY ACQUISITION OF VALGOLD AND ROYALTY ON THE GARRISON PROJECTMetalla Royalty and Streaming Ltd.and Valgold Resources Ltd. have entered into a definitive arrangement agreement whereby Metalla will acquire all of the issued and outstanding common shares of Valgold. Under the terms of the arrangement agreement, all of Valgold's issued and outs...Read More
May 10 (Reuters) - Wheaton Precious Metals Corp:* WHEATON PRECIOUS METALS ANNOUNCES FIRST QUARTER RESULTS FOR 2018 AND DECLARES SECOND QUARTERLY DIVIDEND OF 2018* QTRLY EARNINGS PER SHARE $0.15* REVENUE WAS $199.2 MILLION IN Q1 OF 2018 VERSUS $197.9 MILLION* WHEATON PRECIOUS METALS- WHEATON’S ESTIMATED ATTRIBUTABLE SILVER AND GOLD PRODUCTION IN 2018 FORECAST TO BE ABOUT 22.5 MILLION SILVER O...Read More
The US Nuclear Energy Institute (NEI) has called on the Federal Energy Regulatory Commission (FERC) to move quickly to define, foster and retain resiliency on the country's electricity grid before further nuclear generating capacity is lost through premature plant retirements. Meanwhile, the independent, non-partisan Center for Climate and Energy Solutions (C2ES) has issued a new report outlining...Read More
The UK government has launched an open consultation on the future regulation of nuclear sites in the final stages of decommissioning and clean-up. The Department for Business, Energy and Industrial Strategy (BEIS) said the consultation seeks to enable a "more flexible approach that can optimise waste management, thereby realising environmental benefits and reducing costs".There are 36 nuclear site...Read More
Alcoa and Rio Tinto have set up a joint-venture firm with investment from the governments of Canada and the Canadian province of Quebec as well as technology firm Apple to license and sell technology creating carbon-free aluminium.The new company, Elysis, will receive funding totaling Canadian $188 million ($146 million) and will be headquartered in Montreal with a research facility in Quebec's Sa...Read More
A solid upside spike characterizes pricing in the precious metals complex as a whole today. Gold futures gained $8.50 (+0.65%) and as of 3:45 PM Eastern standard time is fixed at $1,321.50.The majority of today’s gains are directly attributable to a weakening U.S. dollar. The dollar index is currently down 38 points and fixed at 92.50. As dollar weakness relates to gold pricing, it accounts...Read More
Base metals on the London Metal Exchange were mixed at the close of trading on Thursday May 10, with copper climbing 1.5% while tin's three-month price dipped 1.3%.Despite dropping 0.38%, the US dollar reached a fresh 2018 high of 93.42 this week, with mixed reactions across the base metals complex. The US currency gained momentum in the run-up to president Trump's announcement that the US wi...Read More
(Kitco News) - Gold and silver prices aremoderately higher in early-afternoon U.S. trading Thursday. The metals seeupside support from a bit of safe-haven demand, a lower U.S. dollar index, atame U.S. inflation report, and some short covering in the futures markets.June Comex gold futures were last up $6.90 an ounce at $1,319.80. July Comex silver was last up $0.191 at $16.73 an ounce. TheU.S. eco...Read More
(Kitco News)- While investor interest in the mining sector remainslackluster, one mining-sector CEO said that is not what companies should focuson; instead, they should continue concentrating on organic growth and improvingtheir balance sheet.Ian Ball, CEO of Abitibi Royalties, said that although themining sector faces fierce competition for investor dollars from marijuanastocks and cryptocurrenci...Read More
The London Metal Exchange is maintaining the status quo on its treatment of Iranian aluminium brand Iralco after the United States said this week that it will reintroduce nuclear-related sanctions on Iran, the bourse said in a notice to members on Thursday May 10. "The LME does not propose any action in respect of Iralco brand metal at this time. The LME will continue to monitor the situation and...Read More
May 09, 2018 Guest(s): Donald Sadoway John F. Elliott Professor of Materials Chemistry, MIT Materials Chemistry at the Massachusetts Institute of Technology. "I think [the mining industry] has learned lessons from what happened with silver with the loss of halide film, and they realized that the antidote to change is to invent new applications," Sadoway told Kitco News on the sidelines of the Mi...Read More
Chris VermeulenPosted May 10, 2018Since before the start of 2018, we have been relying on our advanced predictive modeling systems, technical analysis and our understanding of the capital markets to help our members take advantage of the incredible price swings in 2018.These charts presented below of the SPY and Transportation index should help to clear up any confusion with direction and potentia...Read More
Tesla bank creditors have forced the Company to add its Fremont manufacturing factory to the pool of assets which secure Tesla's $1.8 billion credit facility. The cover story is that the banks "suggested" that Tesla add the additional collateral to support the asset base underlying the bank. However, that's unmitigated propaganda.Banks have access to the inside books at companies to which they...Read More