Mr. Chris Taylor reportsGREAT BEAR PROVIDES DRILLING UPDATE FOR DIXIE LAKE GOLD PROJECT, RED LAKE DISTRICT, ONTARIOGreat Bear Resources Ltd. has provided an update on phase 2 drilling at its Dixie Lake gold project, located in the Red Lake district of Ontario.Drilling commenced on March 14, 2018, and is continuing.Seven drill holes have been completed at this time, while an estimated eight holes r...Read More
(Kitco News)- Goldinvestors do not need to fear higher real interest rates in the U.S. as otherfactors are supporting the market, according to one fund manager.Ina telephone interview with Kitco News, Axel Merk, chief investment officer andpresident of Merk Investments, said that he sees real rates moving modestlyhigher this year, but added that he also expects gold prices to climb as well.Someana...Read More
Mr. John Watson reportsNV GOLD COMPLETES HOLE ARC-6C AT ATV --ADDITIONAL DRILLING TO COMMENCE SHORTLY NV Gold Corp.'s diamond drill hole, ARC-6C, has recently been completed to a depth of 859.5 metres and is being logged, split and sampled at its 100-per-cent-controlled Across the Valley (ATV) gold project in north-central Nevada. Preparations are being made to drill two additional holes to follow...Read More
An anonymous director reportsSANDSTORM GOLD ANNOUNCES FIRST QUARTER SALES NUMBERSSandstorm Gold Ltd.has sold approximately 14,650 attributable gold equivalent ounces during the first quarter of 2018; the second highest quarterly total in company history. Approximately 85 per cent of the ounces came from operations run by major and mid-tier mining companies.About Sandstorm GoldLtd.Sandstorm Gold is...Read More
Mr. Jeff Pontius reportsCORVUS GOLD EXPANDS DEPOSIT TO THE NORTH & WEST, RETURNS WITHIN SAME HOLE, 53.3 METRES @ 1.9 G/T GOLD & 41.2 METRES @ 1.52 G/T GOLD, MOTHER LODE PROJECT, NEVADACorvus Gold Inc. has received results from three stepout holes in the northwest quadrant of the Mother Lode deposit. Assay results returned encouraging intercepts showing continued expansion of the Mother Lod...Read More
Steve HollandWASHINGTON (Reuters) - President Donald Trump said on Thursday he had instructed U.S. trade officials to consider $100 billion in additional tariffs on China, fueling an already heated trade dispute between the world’s two biggest economies.Trump said in a statement the further tariffs were being considered “in light of China’s unfair retaliation” against earli...Read More
Mr. John Burzynski reportsOSISKO INTERSECTS 403 G/T AU OVER 2.7 METRES AT LYNXOsisko Mining Inc. has provided new results from the continuing drill program at its 100-per-cent-owned Windfall Lake gold project located in the Abitibi greenstone belt, Urban township, Eeyou Istchee James Bay, Quebec. The 800,000-metre drill program combines definition, expansion and exploration drilling in and around...Read More
Mr. John-Mark Staude reportsRIVERSIDE RESOURCES DEFINES PORPHYRY COPPER TARGETS AT THE 100% OWNED ARIEL COPPER PROJECT IN SONORA, MEXICO Riverside Resources Inc. has provided an update on the Ariel copper project which comprises a 1,242-hectare mining concession located in northeastern Sonora, along the most productive copper belt in Mexico. Riverside holds 100 per cent of the mineral rights to th...Read More
Getty ImagesA now hiring sign posted on the side of the road in Baton Rouge, Louisiana. The numbers: Private-sector employers expanded their workforce by a seasonally adjusted 241,000 jobs last month, Automatic Data Processing Inc. reported Wednesday. That gain was well above forecasts from economists polled by Econoday, who had expected on average an increase of 185,000. This is the fifth straig...Read More
Mr. Ioannis Tsitos reportsGOLDSOURCE OPTIONS STRATEGIC LAND POSITION IN GUYANAGoldsource Mines Inc., through its subsidiary and with its local joint venture partner in Guyana, Kilroy Mining Inc., executed a definitive agreement with a local Guyanese individual for the option to explore and purchase a 100-per-cent interest in the Bishop Growler property.As announced on Feb. 1, 2018, Bishop Growler...Read More
Today’s decline is the result of a couple of factors, including a stronger dollar and the perception that tension has eased in regards to the trade dispute between the United States and China.The easing of concerns about the real possibility of a looming trade war rests squarely on the shoulders of the recently appointed economic advisor, Larry Kudlow. The new economic advisor hit the ground...Read More
Mr. Chris Taylor reportsGREAT BEAR PROVIDES DRILLING UPDATE FOR DIXIE LAKE GOLD PROJECT, RED LAKE DISTRICT, ONTARIOGreat Bear Resources Ltd. has provided an update on phase 2 drilling at its Dixie Lake gold project, located in the Red Lake district of Ontario.Drilling commenced on March 14, 2018, and is continuing.Seven drill holes have been completed at this time, while an estimated eight holes r...Read More
(Kitco News) - Gold prices wereending the U.S. day session moderately lower Thursday. The world marketplacequickly returned to a more robust risk appetite today, as evidenced by rallyingstock markets. A higher U.S. dollar index today that scored a five-week highalso was a negative element for the precious metals markets. June Comex gold futures were last down $10.40 an ounce at $1,329.90. May Come...Read More
An anonymous director reportsSANDSTORM GOLD ANNOUNCES FIRST QUARTER SALES NUMBERSSandstorm Gold Ltd.has sold approximately 14,650 attributable gold equivalent ounces during the first quarter of 2018; the second highest quarterly total in company history. Approximately 85 per cent of the ounces came from operations run by major and mid-tier mining companies.About Sandstorm GoldLtd.Sandstorm Gold is...Read More
The US Nuclear Regulatory Commission (NRC) has renewed its contract with Southwest Research Institute (SwRI) to operate the Center for Nuclear Waste Regulatory Analyses (CNWRA). The five-year contract is valued at up to USD52 million.The contract - which includes a one-year base period and four one-year option periods - provides continuing technical assistance and research support to NRC activitie...Read More
(Kitco News)- Easing tensions around a potential trade war between theU.S. and China is taking some momentum away from gold, but one Australian Bankremains optimistic on the yellow metal as geopolitical issues won’t be goingaway anytime soon. In a recent report, Vivek Dhar, Mining and EnergyCommodities Analyst at the Commonwealth Bank, revised his gold outlook for thisyear and next. He said...Read More
Base metals prices on the London Metal Exchange were mostly higher at the close of trading on Thursday April 5, with copper's three-month price gaining 1.5%."Industrial metals reacted broadly positive as investors assess the outlook for US-China trade tensions while both major economies signal willingness to negotiate," John Meyer, SP Angel analyst said."Copper regained [momentum] on the announcem...Read More
Weekly Reports |Apr 04 2018The spot uranium market saw its second highest monthly turnover in March, but still prices slip away.-Volumes up-Prices down By Greg PeelThis week's report is relatively brief given last week's Good Friday holiday.In the week prior, the US Department of Energy announced it would suspend periodic sales of government held uranium which were being used to fund the clean-up...Read More
7 Hot Things to Know About Stocks Right Now Rising Thursday, the Dow Jones Industrial Average was up for a third straight day, the first three-session winning steak since Feb. 26. Leading the Dow Thursday were DowDuPont Inc., Boeing Co. and Chevron Corp. With increases on Tuesday and Wednesday, the S&P 500 sported its first back-to-back gains since March 9-10.Goldman Sachs GS...Read More
The Insurance Corporation of British Columbia (ICBC) experienced a horrible financial year in 2016-17. It suffered its largest ever annual loss of $889 million, an amount equal to 18 percent of its total premiums, and it is heading for a $1.3 billion loss in 2017-18, which would represent 23 percent of its revenue from premiums. The corporation's claim costs have risen, its investment income has s...Read More