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Is This Unique Gold & Silver Mining Company Just Getting Started?

March 29, 2018 / dlvr.it

Wheaton Precious Metals Inc. (TSX:WPM)(NYSE:WPM) has a unique and exciting business model that allows it to reward investors with relatively low risk and a variable dividend.Read full newsRead More

What happened to #gold in Q1 2018? Find out here:

March 29, 2018 / ow.ly

What happened to gold in Q1 2018? Our gold price update outlines key market developments and explores what could happen moving forward.Read full newsRead More

Canada's Asanko, South Africa's Gold Fields team up in $203m Ghana JV

March 29, 2018 / www.mining.com

South Africa's Gold Fields (JSE, NYSE: GFI) and Canada's Asanko Gold (TSX: AKG) are teaming up to develop one of Ghana's newest gold mine, the Asanko Gold Mine (AGM), is located in the country's Ashanti Region.As part of the deal, Gold Fields is acquiring a 50% stake in Asanko's local subsidiary, which gives it a 90% ownership in AGM, for a total of $203 million. The Vancouver-based firm is also g...Read More

Goldcorp deposits 3,000 ounces of gold in blockchain 'milestone'

March 29, 2018 / www.mining.com

TORONTO, March 29 (Reuters) - Goldcorp Inc made the first gold deposit on Tradewind Markets' new digitized trading platform, the companies said on Thursday, with 3,000 ounces of bullion from its Red Lake mine complex in Ontario.As old-school gold trading increasingly moves into the digital era, the deposit represents a "milestone" as the genesis block, or first step in the blockchain on Tradewind'...Read More

New Cat (R) 24 Motor Grader improves performance, lowers costs and advances safe operation

March 29, 2018 / www.mining.com

Building on the strong heritage of the M Series Motor Graders, the new Cat (R) 24 Motor Grader delivers high performance construction and maintenance of mine roads to improve mining truck efficiency. The 24 Motor Grader is equipped with a 7.3-m (24-ft) wide moldboard and is application matched for medium to large mines running trucks over 180 tonnes (200 tons) payload. An innovative, modular desig...Read More

Miners ask Congo to introduce sliding royalty scale

March 29, 2018 / www.mining.com

Miners operating in the Democratic Republic of Congo submitted Thursday a new proposal for the government related to the recently passed new mining code, which substantially increases the cost of doing business in the central African nation.The likes of Glencore, Randgold, Zijin, China Molybdenum and Ivanhoe, among others, are suggesting a sliding scale of royalty rates for key commodities instead...Read More

Eldorado Gold updated Greek mine plan reduces 'footprint'

March 29, 2018 / www.mining.com

TORONTO, March 29 (Reuters) - Canada's Eldorado Gold Corp filed a new technical report for its contentious Skouries gold mine project in Greece on Thursday, which said it "significantly" reduces the development's environmental footprint.The miner, which also filed updated reports for projects in Turkey and Canada, took a tough stand with Greece in November, freezing investment and suspending opera...Read More

Get Ready: 'Big Breakout For Gold' Is Coming - Bloomberg Intelligence

March 29, 2018 / www.kitco.com

(Kitco News) - A gold rally is in the cards for April, said Bloomberg Intelligence commodity strategist Mike McGlone, adding that not much can get in the way of that happening.“Something unusual would have to occur for gold's primary drivers to prevent the next leg of a price rally,” McGlone said in a note published on Thursday. “The Fed's March rate hike gave increasingly compre...Read More

SHFE STOCKS REPORT 30/03: Lead stocks fall 12% w-o-w; aluminium inventories continue to climb

March 30, 2018 / www.metalbulletin.com

Deliverable lead stocks at Shanghai Futures Exchange-bonded warehouses decreased by 3,302 tonnes or 12.5% in the week ended Friday March 30. Inventories of the other base metals, with the exception of aluminium, were similarly lower. The fall in lead stocks follows a 7,517-tonne or 22.2% decline to 26,343 tonnes last week. This week, Zhongchu Wuxi in Jiangsu saw the most lead leaving its sheds wit...Read More

LIVE FUTURES REPORT 30/03: SHFE base metals prices consolidate; aluminium succumbs to follow-through weakness

March 30, 2018 / www.metalbulletin.com

Aluminium prices on the Shanghai Futures Exchange were weaker during Asian morning trading on Friday March 30, tracking the decline seen on the London Metal Exchange on Thursday.The most-traded May aluminium contract declined to 13,705 yuan ($2,178) per tonne as of 10.16am Shanghai time, down by 0.8% or 115 yuan per tonne from Thursday's close.Overnight weakness in the LME's three-month aluminium...Read More

Zinc, lead concentrate TCs finally rebound; annual talks still ongoing

March 30, 2018 / www.metalbulletin.com

Zinc and lead concentrate treatment charges (TCs) rose in March, reflecting expectations of better supply and fewer smelter shorts in the market.Concluded deals were few and far between, with much of the market waiting for annual contract reference prices to settle before delving into the spot market.Both zinc and lead concentrate markets are in the process of turning away from super-tight conditi...Read More

UPDATE 1-U.S. dollar share of global currency reserves hits 4-year low - IMF

March 30, 2018 / www.kitco.com

* Euro share of global FX reserves biggest since late 2014* Yen share of reserves rebounds to largest in 15 years (Adds details, background)By Richard LeongMarch 30 (Reuters) - The U.S. dollar's share of currencyreserves reported to the International Monetary Fund declined inthe final quarter of 2017 to a four-year low, as othercurrencies' shares of reserves grew, data released on Fridayshowed.The...Read More

U.S. dollar share of global currency reserves hits 4-year low - IMF

March 30, 2018 / www.kitco.com

March 30 (Reuters) - The U.S. dollar's share of currencyreserves reported to the International Monetary Fund declined inthe final quarter of 2017 to a four-year low, as othercurrencies' shares of reserves grew, data released on Fridayshowed.Reserves held in U.S. dollars rose to $6.28 trillion, or62.7 percent of allocated reserves, in the four quarter, from$6.13 trillion, or 63.5 percent, in the th...Read More

Zinc, lead concentrate TCs finally rebound; annual talks still ongoing

March 30, 2018 / www.metalbulletin.com

Zinc and lead concentrate treatment charges (TCs) rose in March, reflecting expectations of better supply and fewer smelter shorts in the market.Concluded deals were few and far between, with much of the market waiting for annual contract reference prices to settle before delving into the spot market.Both zinc and lead concentrate markets are in the process of turning away from super-tight conditi...Read More

Silver Miners' Q4'17 Fundamentals

March 31, 2018 / www.321gold.com

Adam HamiltonArchivesMar 30, 2018 The silver miners' stocks have really languished since mid-2016, relentlessly grinding sideways to lower. With gold out of favor, silver and its miners have largely been left for dead and forgotten. This sector is deeply mired in universal apathy and bearishness. But since silver stocks can skyrocket when silver decisively rallies again, it's important to keep an...Read More

UPDATE 1-Speculators' net short dollar bets fall from highest since 2011

March 30, 2018 / www.kitco.com

(Adds background, details to latest data, table)NEW YORK, March 30 (Reuters) - Speculators trimmed their netshort dollar bets earlier this week from their highest levelssince August 2011, according to calculations by Reuters andCommodity Futures Trading Commission data released on Friday.The value of the net short dollar positions, derived fromnet positions of International Monetary Market specula...Read More

Speculators dial back net short dollar bets - CFTC, Reuters

March 30, 2018 / www.kitco.com

NEW YORK, March 30 (Reuters) - Speculators trimmed their netshort dollar bets earlier this week from their highest levelssince August 2011, according to calculations by Reuters andCommodity Futures Trading Commission data released on Friday.The value of the net short dollar positions, derived fromnet positions of International Monetary Market speculators inthe yen, euro, British pound, Swiss franc...Read More

Copper concentrate TC/RCs continue trend lower in March despite supply boost

March 30, 2018 / www.metalbulletin.com

Copper concentrate treatment and refining charges (TC/RCs), ticked lower at the end of March, with traders continuing to bid lower for spot material and smelters re-adjusting bids to the downside.The Metal Bulletin copper concentrates TC/RC index stood at $66 per tonne/6.6 cents per lb on Thursday March 29, down from $68.6/6.86 cents a fortnight ago.Copper concentrate TC/RCs, discounts on exchange...Read More

COT Gold, Silver and US Dollar Index Report - March 30, 2018

March 31, 2018 / news.goldseek.com

Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort259,03255,67863,396157,443383,803479,871502,877Change from Prior Reporting Period 35,150-19,473-38,608-15,86443,226-19,322-14,855Traders19963795062284178 Small Speculators LongShortOpen Interest 49,81926,813529,690 3,513-954-15,809 non reportable positionsChange from the previous...Read More

Speculators raise net long position in COMEX gold -CFTC

March 30, 2018 / www.kitco.com

March 30 (Reuters) - Hedge funds and money managers uppedtheir net long position in COMEX gold contracts in the week toMarch 27, U.S. Commodity Futures Trading Commission data showedon Friday.They also cut net long positions in silver and copperfutures and options, the data showed. (Reporting by Chris PrenticeEditing by Susan Thomas) Reuters Messaging:christine.prentice.thomsonreuters@reuters.net)...Read More

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