Nigeria, Africa's biggest oil producer and a member of OPEC, has suffered fuel shortages over the past few weeks. They complicated transport and hurt economic activity and, in the words of President Muhammadu Buhari, ensured that for many Nigerians the Christmas holidays were "anything but merry and happy." His administration says it's working overtime to end the queues that have formed at gasolin...Read More
Rescue crews wrestled to bring a blaze on an Iranian oil tanker off China's east coast under control on Monday as fire raged for a second day following a collision with a grain ship, while the body of one of the 32 missing crew members was found on aboard.Read full newsRead More
This is the year to invest in gold mining stocks, thanks to the start of a major gold bull market. Here's why, plus the one gold miner to own...Read full newsRead More
Operatives will comb through each episode of every season of 'The Oprah Winfrey Show.'Read full newsRead More
If the cybersecurity provider can address a couple of shortcomings, it could prove to be a growth investor's dream stock.Read full newsRead More
TORONTO, ONTARIO--(Marketwired - Jan. 8, 2018) - Troilus Gold Corp. (TSX VENTURE:TLG) (Read full newsRead More
The gold miners have had two solid years of returns in a row. Despite the strong gains over the last 2 years - and the spirited finish to 2017 - bearishness is still quite high in the gold stock complex. The final part of this consolidation is wrapping up (or has already) and this sector is about to enter Phase 2 of the bull market. This still oversold reading in the gold stocks, in combination wi...Read More
This is the year to invest in gold mining stocks, thanks to the start of a major gold bull market. Here's why, plus the one gold miner to own...Read full newsRead More
Several big mining companies are bringing new projects online, while others will see production decline in the year ahead.Read full newsRead More
Just before Idaho Territory was to become the 43rd state, it had opportunities for drink in large numbers per capita - even in Mormon towns.Read full newsRead More
Mr. Jean Martineau reports DYNACOR ANNOUNCES DEBT-FREE STATUS AFTER EARLY REPAYMENT OF LONG-TERM CREDIT FACILITY Dynacor Gold Mines Inc. is now debt free. The final payments, on its long-term senior secured credit facilities, amounting to $1.9-million, were done in the last week of December, 2017. (All amounts refer to U.S. dollars.) During the last five months of 2017, Dynacor has made aggregate...Read More
Mr. Sean Roosen reports OSISKO PORTFOLIO UPDATE; REALIZES PROCEEDS OF $25.5 MILLION ON AURICO INVESTMENTOsisko Gold Royalties Ltd. has provided an update on its investment portfolio. The company reports that it has delivered its shares of AuRico Metals Inc. to Centerra Gold Inc. for a cash consideration of $1.80 per share and for proceeds of $25.5-million, generating a gain for Osisko of $15.5-mil...Read More
Mr. Michael Allen reportsNORTHERN EMPIRE REVIEWS 2017 AND PROVIDES OUTLOOK FOR 2018Northern Empire Resources Corp. has summarized the progress of the company in 2017 and provided plans for the first half of 2018.Michael G. Allen, president, chief executive officer and director, stated: "On behalf of the board and management, I would like to thank our shareholders for your support during this trans...Read More
(Kitco News) - Despite bears being in control of bitcoin’s trading action lately, as the price level remains stuck at around $14,000, negative opinions about the popular cryptocurrency are being tamed.The latest example is Jamie Dimon, CEO of J.P. Morgan Chase, who told Fox Business on Tuesday that he “regrets” calling bitcoin a “fraud” back in September.Dimon said he...Read More
The fact that gold pricing is trading under pressure is not a big surprise, and actually can be viewed as a well-needed pause in the rally currently underway. After trading to $1238 per ounce in mid-December of last year, gold prices have gained almost $90 before hitting resistance at $1327 late last week.Historically speaking, rallies in the precious yellow metal will move pricing roughly $100 du...Read More
Mr. Walter Coles reportsSKEENA INTERSECTS 21.77 G/T GOLD OVER 7.20 METRES AT SNIPSkeena Resources Ltd. has released additional drill results from 11 holes at the company's Snip gold project, located in the Golden Triangle of British Columbia. The 2017 underground drill program finished on Dec. 16, 2017, with a total of 8,650 metres drilled over 62 holes. Assays are still pending for 34 holes.Cross...Read More
Mr. Jean Martineau reports DYNACOR ANNOUNCES DEBT-FREE STATUS AFTER EARLY REPAYMENT OF LONG-TERM CREDIT FACILITY Dynacor Gold Mines Inc. is now debt free. The final payments, on its long-term senior secured credit facilities, amounting to $1.9-million, were done in the last week of December, 2017. (All amounts refer to U.S. dollars.) During the last five months of 2017, Dynacor has made aggregate...Read More
(Kitco News)- The countdown begins - in one month athletes from around theworld will converge in Pyeongchang, South Korea to compete for their country’shonor and the coveted Olympic medals.In total, only about 50 ounces of gold was used to createall the gold medals that will be handed out.On its website, the International Olympic Committee saidthat the South Korean medals were designed by th...Read More
Mr. Sean Roosen reports OSISKO PORTFOLIO UPDATE; REALIZES PROCEEDS OF $25.5 MILLION ON AURICO INVESTMENTOsisko Gold Royalties Ltd. has provided an update on its investment portfolio. The company reports that it has delivered its shares of AuRico Metals Inc. to Centerra Gold Inc. for a cash consideration of $1.80 per share and for proceeds of $25.5-million, generating a gain for Osisko of $15.5-mil...Read More
(Kitco News) - Goldand silver prices were ending the U.S. day session weaker Tuesday. A solid bouncein the U.S. dollar index early this week is putting price pressure on the goldand silver markets. Some normal profit-taking and chart consolidation is alsofeatured after gold prices hit a 3.5-month high last week. February Comex goldwas last down $7.30 an ounce at $1,313.10. March Comex silver was l...Read More