Recent News

Kirkland Lake Gold drills 7.2 m of 8.9 g/t Au at Cosmo

November 05, 2018 / www.stockwatch.com

Mr. Anthony Makuch reportsKIRKLAND LAKE GOLD REPORTS CONTINUED EXPLORATION SUCCESS IN NORTHERN TERRITORY, NEW MINERALIZATION IDENTIFIED AT UNION REEFSKirkland Lake Gold Ltd. has had further exploration success at Union Reefs (UR) and the continued development advance into the Lantern deposit at Cosmo mine. UR is the location of the company's processing plant in the Northern Territory.Mining at the...Read More

EU struggles to find host for Iran trade mechanism

November 05, 2018 / www.kitco.com

BRUSSELS/PARIS (Reuters) - The European Union has so far failed to find a country to host a special mechanism to trade with Iran and beat newly reimposed U.S. sanctions, three diplomats said, as governments fear being targeted by U.S. counter measures.Voicing opposition to U.S. policy on the day Washington announced a new raft of sanctions on Iran, the European Union reissued its Nov. 2 statement...Read More

Secova's Eagle River Project in the Windfall Lake District to Get Extensive Exploration @secovametals...

November 05, 2018 / twitter.com

"Secova's Eagle River Project in the Windfall Lake District to Get Extensive Exploration @secovametals https://t.co/jCl7xEiQf6"Read full newsRead More

Gold, Silver Prices Weaker in Choppy Trading Session

November 05, 2018 / www.kitco.com

(Kitco News) - Gold and silver prices aremodestly lower in early-afternoon U.S. trading Monday, in a choppy, two-sidedtrading session. Both the bulls and the bears are cautious ahead of what willlikely be a very active trading week. December gold futures were last down$1.90 an ounce at $1,231.40. December Comex silver was last down $0.121 at$14.635 an ounce. Focusis on Tuesday's U.S. mid-term ele...Read More

Oil stocks, Berkshire lift S&P 500; Apple pushes Nasdaq lower

November 05, 2018 / www.kitco.com

(Reuters) - The S&P 500 and the Dow Jones Industrial Average rose on Monday, supported by gains in energy stocks and strong results from Berkshire Hathaway Inc, while the Nasdaq was dragged down by a 3 percent drop in Apple Inc shares.The iPhone maker’s shares (AAPL.O) were on track for their worst two-day decline since January 2013, after the Nikkei reported that the company had told sm...Read More

Gold, Silver Prices Weaker in Choppy Trading Session

November 05, 2018 / www.kitco.com

(Kitco News) - Gold and silver prices are modestly lower in early-afternoon U.S. trading Monday, in a choppy, two-sided trading session. Both the bulls and the bears are cautious ahead of what will likely be a very active trading week. December gold futures were last down $1.90 an ounce at $1,231.40. December Comex silver was last down $0.121 at $14.635 an ounce. Focus is on Tuesday's U.S. mid-te...Read More

California Gold drills 1.2 m of 27.64 g/t Au at Fremont

November 05, 2018 / www.stockwatch.com

Mr. Vishal Gupta reports CALIFORNIA GOLD ANNOUNCES NEW HIGH-GRADE ASSAYS FROM QUEEN SPECIMEN ZONE - INTERSECTS 27.64 G/T AU ACROSS 1.2M, INCLUDED WITHIN 10.64 G/T OVER 3.4M AND 3.27 G/T AU ACROSS 10.1MCalifornia Gold Mining Inc. has released new assay results from the continuing resource drilling program at the Queen Specimen zone at its flagship Fremont property in Mariposa county, California. As...Read More

California Gold drills 1.2 m of 27.64 g/t Au at Fremont

November 05, 2018 / www.stockwatch.com

Mr. Vishal Gupta reports CALIFORNIA GOLD ANNOUNCES NEW HIGH-GRADE ASSAYS FROM QUEEN SPECIMEN ZONE - INTERSECTS 27.64 G/T AU ACROSS 1.2M, INCLUDED WITHIN 10.64 G/T OVER 3.4M AND 3.27 G/T AU ACROSS 10.1MCalifornia Gold Mining Inc. has released new assay results from the continuing resource drilling program at the Queen Specimen zone at its flagship Fremont property in Mariposa county, California. As...Read More

ECB shuts Pilatus Bank as EU readies new move on Malta

November 05, 2018 / www.kitco.com

BRUSSELS (Reuters) - The European Central Bank has withdrawn the banking license of Malta’s Pilatus Bank, the island’s financial regulator said on Monday, as the European Commission acted to step up a disciplinary procedure against Maltese authorities.The ECB decision came after the chairman of the bank was charged in the United States over money laundering and bank fraud. The lender h...Read More

AngloGold may sell Mali mine after failing to agree investment

November 05, 2018 / www.mining.com

JOHANNESBURG, Nov 5 - AngloGold Ashanti Ltd and its joint venture partner are looking at selling a mine in Mali after failing to reach an agreement with the west African country about an investment project, the company said on Monday.The news came as AngloGold, Africa's biggest gold miner by output, said it expected full-year production to reach the upper end of its guidance range, helping to push...Read More

AngloGold may sell Mali mine after failing to agree investment

November 05, 2018 / www.mining.com

JOHANNESBURG, Nov 5 - AngloGold Ashanti Ltd and its joint venture partner are looking at selling a mine in Mali after failing to reach an agreement with the west African country about an investment project, the company said on Monday.The news came as AngloGold, Africa's biggest gold miner by output, said it expected full-year production to reach the upper end of its guidance range, helping to push...Read More

Commodities Are Breaking Out Of Their 'Perfect Storm' Of Underperformance - VanEck

November 05, 2018 / www.kitco.com

(Kitco News) - The “proverbial perfect storm” of underperformance in the natural resource sector peaked in the third quarter, with the market now looking historically attractive, according to investment management firm VanEck.“Whether it be the concerns around … trade-war-induced slowdown in global growth and associated metals weakness …, [or] presumed dilutive acqu...Read More

Commodities Are Breaking Out Of Their 'Perfect Storm' Of Underperformance - VanEck

November 05, 2018 / www.kitco.com

(Kitco News) - The “proverbial perfect storm” of underperformance in the natural resource sector peaked in the third quarter, with the market now looking historically attractive, according to investment management firm VanEck.“Whether it be the concerns around … trade-war-induced slowdown in global growth and associated metals weakness …, [or] presumed dilutive acqu...Read More

Alibaba's Ma calls U.S.-China trade war 'most stupid thing in this world'

November 05, 2018 / www.kitco.com

SHANGHAI (Reuters) - The U.S.-China trade war is the “most stupid thing in this world,” Jack Ma, the chief of Asia’s most valuable public company, Alibaba Group Holding Ltd (BABA.N), said on Monday.The two countries have set tariffs on hundreds of billions of dollars of each other’s goods and U.S. President Donald Trump has threatened to slap tariffs on the remainder of Chi...Read More

Trump says China wants to make a deal on trade, he wants right deal

November 05, 2018 / www.kitco.com

WASHINGTON (Reuters) - U.S. President Donald Trump said on Monday that China has hurt the United States economically but was ready to make a deal on trade and he was open to a fair agreement.“We’ve tariffed $250 billion, taxed them, of their product coming into the United States and we have plenty more to go, but they want to make a deal and if we can make the right deal, a deal that&r...Read More

After Alaska's 'Burning Man for salmon', fishermen wary of mine proposal outcome

November 05, 2018 / www.mining.com

SEATTLE - As the commercial fishermen who ply salmon-rich, southwestern Alaska pack away their fishing gear for the winter, many are watching anxiously as a controversial mine proposal moves through the federal permitting process.On Tuesday, Alaskans will vote on an initiative that, if passed, would set stricter regulations for proposed infrastructure projects that affect salmon habitats.Advocates...Read More

After Alaska's 'Burning Man for salmon', fishermen wary of mine proposal outcome

November 05, 2018 / www.mining.com

SEATTLE - As the commercial fishermen who ply salmon-rich, southwestern Alaska pack away their fishing gear for the winter, many are watching anxiously as a controversial mine proposal moves through the federal permitting process.On Tuesday, Alaskans will vote on an initiative that, if passed, would set stricter regulations for proposed infrastructure projects that affect salmon habitats.Advocates...Read More

After Alaska's 'Burning Man for salmon', fishermen wary of mine proposal outcome

November 05, 2018 / www.mining.com

SEATTLE - As the commercial fishermen who ply salmon-rich, southwestern Alaska pack away their fishing gear for the winter, many are watching anxiously as a controversial mine proposal moves through the federal permitting process.On Tuesday, Alaskans will vote on an initiative that, if passed, would set stricter regulations for proposed infrastructure projects that affect salmon habitats.Advocates...Read More

Amazon drops free shipping minimum in tussle for holiday sales

November 05, 2018 / www.kitco.com

(Reuters) - Amazon.com Inc (AMZN.O) said on Monday it would offer free shipping with no purchase minimum for the first time this holiday season, heating up the competition with Walmart Inc (WMT.N) and other rivals vying for customers’ Christmas shopping sprees.The U.S.-only promotion, effective from Nov. 5, waives the $25 minimum that customers outside Amazon’s loyalty club Prime must...Read More

U.S. ratchets up pressure on Iran with resumption of sanctions

November 05, 2018 / www.kitco.com

WASHINGTON (Reuters) - The United States reimposes oil and financial sanctions against Iran on Monday, significantly turning up the pressure on Tehran in order to curb its missile and nuclear programs and counter its growing military and political influence in the Middle East.The move will restore U.S. sanctions that were lifted under a 2015 nuclear deal negotiated by the administration of Preside...Read More

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