Mr. Mark Utting reportsKIRKLAND LAKE GOLD REPORTS RECORD ANNUAL AND QUARTERLY PRODUCTIONKirkland Lake Gold Ltd. has provided record annual and quarterly production for the full year and fourth quarter of 2017, respectively. Comparative information for the full year and fourth quarter of 2016 includes results for the Fosterville, Cosmo and Stawell mines prior to the merger between Kirkland Lake Gol...Read More

Mr. John BurzynskireportsOSISKO MINING INC. FILES EARLY WARNING REPORT IN RESPECT OF BEAUFIELD RESOURCES INC.Osisko Mining Inc. has filed an early warning report in respect of its holdings in Beaufield Resources Inc. The corporation, through its wholly owned subsidiary O3 Investments Inc., acquired beneficial ownership of, or control and direction over, 16,923,500 common shares of Beaufield by way...Read More

Gold is up 6% since the Fed raised rates last month, despite net outflows in SPDR Gold Shares, (GLD), the world's largest exchange-traded fund, said Vince Lanci, founder of Echobay Partners. ETF investors were net sellers of 4.35 tonnes in December after leaving their holdings broadly unchanged in November (+0.75 tonnes) and October (-0.79 tonnes), Lanci explained. "GLD has reduced holdings, abou...Read More

Mr. MichaelAllen reports5.30 METRES OF 16.52 G/T GOLD DRILLED AT NORTHERN EMPIRE'S STERLING MINENorthern Empire Resources Corp. has released results of three diamond drill holes recently completed at the Sterling mine, located within Northern Empire's 125-square-kilometre Sterling gold project in Nye county, Nevada.Michael G. Allen, president, chief executive officer and director, stated: "We cont...Read More

U.S. filings for unemployment benefits unexpectedly rose to a three-month high last week during a holiday period when claims tend to be volatile, Labor Department figures showed Thursday.Highlights of Jobless Claims (Week Ended Jan. 6)Jobless claims increased by 11k to 261k (est. 245k), highest since week ended Sept. 23, when filings were elevated due to hurricanesContinuing claims fell by 35k to...Read More

Mr. Peter Tallman reportsKLONDIKE GOLD CONFIRMS 1 KM CONTINUITY, THREE MINERALIZED SUB-ZONES AT LONE STAR TARGET, YUKON Klondike Gold Corp. has released drill assay results from 22 new holes at the Lone Star target located 20 kilometres from Dawson, Yukon, within the company's 553-square-kilometre property spanning the entirety of the Klondike alluvial gold placer district.Klondike Gold's chief e...Read More

France's Framatome and China National Nuclear Corporation (CNNC) have signed a protocol for the development of global strategic cooperation. They have also renewed a contract under which Framatome will supply nuclear fuel components to CNNC.The protocol was signed in Beijing during the first visit to China by French President Emmanuel Macron from 8 to 10 January. It was signed by Framatome CEO Ber...Read More

(Kitco News) - Gold prices ended the U.S. day session moderately higher Thursday. The preciousmetal was lifted by a lower U.S. dollar index and by higher crude oil pricesthat hit a three-year high today. Some technical buying is also featured ingold, as the near-term chart posture is getting more bullish. February Comex gold was last up $3.80 an ounce at $1,323.00. March Comex silver was last down...Read More

Mr. Peeyush Varshney reportsCANADA ZINC METALS ANNOUNCES COMPLETION OF INITIAL EARN-IN ON THE PIE OPTION PROPERTIESTeck Resources Ltd. and Korea Zinc Co. Ltd. have delivered to Canada Zinc Metals Corp. an exercise notice regarding the optionees' first option on the Pie, Yuen and Cirque East properties. Background The Pie, Yuen and Cirque East properties are the subject of an option agreement conc...Read More

Russian State Expert Examination Board (Glavgosexpertiza) has approved the operation of the floating nuclear power plant Akademik Lomonosov. The authority said on 9 December it had approved the project in Russia's northernmost city of Pevek that is being funded by Rosenergoatom, the nuclear power plant operator subsidiary of Rosatom.The Akademik Lomonosov (Image: Rosenergoatom)Currently moored at...Read More

Mr. Mark Utting reportsKIRKLAND LAKE GOLD REPORTS RECORD ANNUAL AND QUARTERLY PRODUCTIONKirkland Lake Gold Ltd. has provided record annual and quarterly production for the full year and fourth quarter of 2017, respectively. Comparative information for the full year and fourth quarter of 2016 includes results for the Fosterville, Cosmo and Stawell mines prior to the merger between Kirkland Lake Gol...Read More

Getty ImagesThe cost of goods imported into the U.S. rose 3% in 2017, up sharply from the year before. The numbers: The cost of goods imported into the U.S. rose slightly in December and finished the year with a 3% increase - the biggest gain in six years. Although that's much higher than the 1.9% gain in 2016, it still reflects a generally low level of inflation. In December, import prices edged...Read More

(Kitco News) - Following are six elements working in favor of the gold marketbulls and that should continue to support upward price movement in the preciousmetal.RisingGovernment Bond Yields. A feature in the marketplace this week isrising world government bond yields (falling prices). This helped to hold backgains in global stock markets. Bloomberg news published a story Wednesday aboutthe Chines...Read More

Operations at Glencore's Pasar copper smelter have been suspended since last week due to a leakage in the sulfuric acid plant, Metal Bulletin has learned.The smelter consumes 720,000 tonnes per year of copper concentrates. Part of the feed comes from Freeport's Grasberg copper mine in Indonesia. Glencore will continue to receive the feed, a well-informed source told Metal Bulletin. At least two sh...Read More

Comex copper prices inched higher Thursday January 11 morning in the US due to a weaker dollar in an overall shallow market.Copper for March settlement on the Comex division of the New York Mercantile Exchange increased 0.55 cents or 0.2% to $3.2410 per lb. The dollar has softened gradually since mid-December and was recently trading at a one-week low of 91.94 on the...Read More

On Dec. 10, 1999, Amazon.com stock closed at $106 per share, a mind-blowing 67 times its price only 2 1/2 years earlier. Opinion articles in major newspapers declared there was no doubt that Amazon shares were in an irrational bubble. The disbelievers were right. Less than two years later, in September 2001, Amazon's AMZN, +1.78%share price had collapsed to $6. While many of Amazon's dot-com p...Read More

* ECB minutes say policymakers could revisit message soon* Yen on track for steep weekly gain after BOJ bond tweak* Bitcoin pressured by South Korean cryptocurrency ban plan By Lisa TwaroniteTOKYO, Jan 12 (Reuters) - The dollar slumped against rivals on Friday on the back of weak factory inflation data, while the euro enjoyed solid support after the European Central Bank hinted that it could be g...Read More

David LjunggrenLONDON, Ontario (Reuters) - Canada is talking tough with the United States, stressing its determination to push back against what it says are unfair trade practices ahead of crucial talks to revamp the tri-nation North American Free Trade Agreement.U.S., Canadian and Mexican officials meet this month for the sixth and penultimate round of talks to update NAFTA, which President Donal...Read More

Annual refining charges (RCs) for imported blister copper, an intermediate product of refined copper production, have increased slightly this year while China's copper smelters are looking to import more material to fill the supply gap arising from the drastic cut in copper scrap import quotas.Expectations of rising supply have boosted RCs for imported blister copper, normally 97-99% copper conten...Read More

SummarySince coming into office, Prime Minister Justin Trudeau's government has repeatedly claimed to have reduced taxes for middle class Canadian families-a claim based solely on the federal government's reduction to the second lowest personal income tax rate from 22 to 20.5 percent. However, a recent study found that when all the Trudeau government's major changes to the personal income tax syst...Read More