Recent News

Kinross on track for 2018 production and costs

November 08, 2018 / www.mining.com

Kinross Gold (TSE: K) has released its third quarter results, which indicate company achieved solid production and generated a positive cash flow. The company has operations in Nevada, Brazil, Ghana and Russia and they all performed well, said the company.On the production side, the company produced 586,260 gold equivalent oz. in Q3 2018, compared to 653,993 oz. in the same quarter in 2017. The pr...Read More

CROP Applauds US Midterm Elections Results Bringing More States Into the Legal Cannabis Fold -- $CROP @CROP_CSE...

November 08, 2018 / twitter.com

"CROP Applauds US Midterm Elections Results Bringing More States Into the Legal Cannabis Fold -- $CROP @CROP_CSE #Cannabis #California #CRXPF #CropCorp #CSE #BNN #MarijuanaStocks #Potstocks #hemp #CBD #smallcap #momentumstocks --Read the News Release here: https://t.co/WucQGzYzE2"Read full newsRead More

Cerro de Pasco appoints Shaw as director

November 08, 2018 / www.stockwatch.com

Mr. Guy Goulet reports CERRO DE PASCO APPOINTS DAVID SHAW, PH.D TO BOARD OF DIRECTORSThe board of directors of Cerro de Pasco Resources Inc. has appointed Dr. David Shaw, PhD, a highly accomplished independent geological consultant, to the company's board of directors.Dr. David Shaw has in excess of three decades of experience in the resource and finance industries with specific emphasis on techni...Read More

Cerro de Pasco appoints Shaw as director

November 08, 2018 / www.stockwatch.com

Mr. Guy Goulet reports CERRO DE PASCO APPOINTS DAVID SHAW, PH.D TO BOARD OF DIRECTORSThe board of directors of Cerro de Pasco Resources Inc. has appointed Dr. David Shaw, PhD, a highly accomplished independent geological consultant, to the company's board of directors.Dr. David Shaw has in excess of three decades of experience in the resource and finance industries with specific emphasis on techni...Read More

Nevada Sunrise Announces Drilling Program At The Coronado VMS Property

November 08, 2018 / bit.ly

Nevada Sunrise (TSXV:NEV) (Read full newsRead More

U.S. issues fresh Russia-related sanctions

November 08, 2018 / www.kitco.com

WASHINGTON (Reuters) - The United States on Thursday imposed sanctions on two Ukrainians, one Russian and nine entities in Ukraine and Russia, partly for actions related to Moscow's annexation of Crimea, the U.S. Treasury said.One of the entities sanctioned - the Limited Liability Company Southern Project - was linked to Bank Rossiya and Russian businessman Yuri Kovulchuk, the Treasury said in a s...Read More

Gold, Silver Weaker As U.S. Dollar Index Gains; Little Reaction To FOMC

November 08, 2018 / www.kitco.com

(Kitco News) - Gold andsilver prices arejust modestly lower in early-afternoon U.S. trading Thursday. A rebound in theU.S. dollar index today, following selling pressure this week, worked againstthe precious metals market bulls. The metals markets showed no significantreactions to the just-released FOMC minutes that show no change in U.S.monetary policy. December gold futures were last down $2.50...Read More

Gold, Silver Weaker As U.S. Dollar Index Gains; Little Reaction To FOMC

November 08, 2018 / www.kitco.com

(Kitco News) - Gold and silver prices are just modestly lower in early-afternoon U.S. trading Thursday. A rebound in the U.S. dollar index today, following selling pressure this week, worked against the precious metals market bulls. The metals markets showed no significant reactions to the just-released FOMC minutes that show no change in U.S. monetary policy. December gold futures were last down...Read More

Gold Prices Down, But Not Out After Fed Leaves Rates Unchanged

November 08, 2018 / www.kitco.com

(Kitco News)- The gold market, while down on the day, is seeing littlereaction to the Federal Reserve leaving interest rates unchanged and setting the stage for another interest rate hike in December.Following its two-day monetary policy meeting, the U.S. central bank left interest rates unchanged within a range between2.00% and 2.25% as expected. However, in its statement, the committee reiterate...Read More

Gold Prices Down, But Not Out After Fed Leaves Rates Unchanged

November 08, 2018 / www.kitco.com

(Kitco News) - The gold market, while down on the day, is seeing little reaction to the Federal Reserve leaving interest rates unchanged and setting the stage for another interest rate hike in December.Following its two-day monetary policy meeting, the U.S. central bank left interest rates unchanged within a range between 2.00% and 2.25% as expected. However, in its statement, the committee reiter...Read More

Ontario Protecting Jobs and the Economy in the North

November 08, 2018 / news.ontario.ca

Ontario's Government for the People is protecting jobs and the economy of Northern Ontario by working with Huron Central Railway to keep the rail line running between Sault Ste. Marie and Sudbury.Today, Ross Romano, MPP for Sault Ste. Marie and Parliamentary Assistant to Greg Rickford, Minister of Energy, Northern Development and Mines, announced the government is supporting a request by Huron Cen...Read More

For the Fed, one last meeting before they go 'Live from DC!'

November 08, 2018 / www.kitco.com

SAN FRANCISCO (Reuters) - This week marks the last time Federal Reserve policymakers will set interest rates at a regular policy meeting and not follow it up with a lengthy press conference by the chief of the U.S. central bank to explain and perhaps defend the decision.Starting next year, Fed Chair Jerome Powell will hold a press conference after every one of the Fed’s eight regular meeting...Read More

High-profile U.S. races still unresolved two days after election

November 08, 2018 / www.kitco.com

(Reuters) - A hard-fought race for governor in Georgia remained unresolved on Thursday, two days after U.S. elections, with Democrat Stacey Abrams forming a litigation team for possible legal challenges even as Republican Brian Kemp met with the state’s current governor to begin planning his transition to the office.Kemp declared victory late on Wednesday, hours after the Abrams campaign sai...Read More

U.S. Senate hearing over Hyundai, Kia engine fires on hold

November 08, 2018 / www.kitco.com

WASHINGTON (Reuters) - The U.S. Senate Commerce Committee said on Thursday that a hearing planned for Nov. 14 on reports of engine fires involving Hyundai Motor Co (005380.KS) and Kia Motors Corp (000270.KS) vehicles was on hold, but could be rescheduled for a future date.Last month, the committee invited the U.S. chief executives of the two Korean automakers after safety advocates raised concerns...Read More

#Marijuana Federalism Won In The 2018 Midterms | Zero Hedge

November 08, 2018 / www.zerohedge.com

"I think he [President Trump] is going to legalize marijuana" after the midterms...Read full newsRead More

Cobalt prices could rally 30% by mid-2019

November 08, 2018 / www.mining.com

Cobalt is almost always a byproduct of nickel and copper mining. Image: Glencore InstagramSince hitting near decade highs in March, cobalt prices are down by more than a third, languishing in the low $50,000s.Now a new report sees the battery raw material recovering some 30% in price. And quickly.While a change in subsidies in China, responsible for half the world's EV sales, hasn't helped, it's m...Read More

Cobalt prices could rally 30% by mid-2019

November 08, 2018 / www.mining.com

Cobalt is almost always a byproduct of nickel and copper mining. Image: Glencore InstagramSince hitting near decade highs in March, cobalt prices are down by more than a third, languishing in the low $50,000s.Now a new report sees the battery raw material recovering some 30% in price. And quickly.While a change in subsidies in China, responsible for half the world's EV sales, hasn't helped, it's m...Read More

Both Parties Won, And Gold?

November 08, 2018 / www.fxstreet.com

US mid-term elections are behind us. Surprisingly, both parties won! How is it possible? Let’s read our article and find out! We will also explain what the election results imply for the world and the gold market. Democrats Win The elections were very interesting. We provide you with the key takeaways, focusing on the possible implications for the precious metals. First, Democrats took contr...Read More

Weak results keep S&P, Nasdaq lower ahead of Fed decision

November 08, 2018 / www.kitco.com

(Reuters) - The S&P 500 and the Nasdaq edged lower on Thursday, as weak earnings reports and caution ahead of the Federal Reserve’s interest rate decision stalled a rally from the previous session, which was spurred by the outcome for midterm elections.Among the biggest deliners on the S&P 500 were Perrigo Co (PRGO.N), Wynn Resorts Ltd (WYNN.O) and D.R. Horton Inc (DHI.N), all fallin...Read More

Wells Fargo plans to combine private bank, ultra-high-net-worth units: Bloomberg

November 08, 2018 / www.kitco.com

(Reuters) - Wells Fargo & Co (WFC.N) plans to combine its ultra-high-net-worth business and its private bank under one leader, Bloomberg reported on Thursday, citing an internal memo bloom.bg/2Pmb9h5.The combined unit will be run by someone yet to be named who will report to Jon Weiss, head of wealth and investment management, Bloomberg reported.Wells Fargo was not immediately available for c...Read More

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