Recent News

Gold Resource Corporation Reports Third Quarter Results, Maintains 2018 Production Outlook

October 30, 2018 / bit.ly

Gold Resource Corporation (NYSE American: GORO) (the "Company" or "GRC") reported production results for the third quarter ended September 30, 2018 of 6,411 ounces of gold and 321,590 ounces of silver, which along with base metal revenue generated $24.3 million in net revenue for the quarter.Read full newsRead More

RT @NorthmanTrader: In case you're wondering who's really financing all these buybacks: You, the taxpayer.

October 30, 2018 / twitter.com

"Analysis: U.S. borrowing on pace to top $1.3 trillion this year, the highest since 2010 https://t.co/BDWxxv36ty"Read full newsRead More

Why are #BritishColumbia, #Ontario, #Saskatchewan, #NorthwestTerritories & #Nevada the most secure for #investors?...

October 30, 2018 / twitter.com

"Why are #BritishColumbia, #Ontario, #Saskatchewan, #NorthwestTerritories & #Nevada the most secure for #investors? Find out in the 2018 #WorldRiskReport: https://t.co/iXlsSr9ABt"Read full newsRead More

New mandate sees Northern investment dollars flow

October 30, 2018 / www.mining.com

A new investment mandate for the Northern Australia Infrastructure Fund (NAIF) is helping more major projects get off the ground sooner, according to NAIF Executive Director Peter Ross.Speaking at the International Mining and Resources Conference 2018 (IMARC) in Melbourne, Mr Ross said the Fund's investment mandate, introduced in April, was significantly more flexible."We are now able to provide u...Read More

Biggest infrastructure play since the Roman Empire presents upside for Australian business

October 30, 2018 / www.mining.com

With $350 billion to spend in the next five years, China's One Belt One Road - the massive push for a new 'Silk Road' - offers huge opportunities for the Australian resources sector.This was the key message to Australian businesses from Matt Schofield, lead partner of ShineWing Australia, who presented on the prospects for Australian business at Melbourne's landmark International Mining and Resour...Read More

Sustainable mining is a force for good: Butler

October 30, 2018 / www.mining.com

Mining needs to embrace its role as an agent of change for good - and tell the story of how it does this better - if it wants to continue to compete for investment dollars and talent in the future, according to International Council of Mining and Metals CEO Tom Butler.Speaking at the International Mining and Resources Conference 2018 in Melbourne, Mr Butler said there was overwhelming evidence tha...Read More

Automation: 70% change management & 30% technology

October 30, 2018 / www.mining.com

While automation is often seen as a silver bullets that can solve a range of mining's problems, for Roy Hill's Christine Eriksen automation is actually a holistic approach with the majority of the time, effort and funds to be invested in changing in the people working with the technology on the frontline."You realised that silver bullet approach solely based on technology wasn't going to work. Tha...Read More

Crowdsourcing platform unearths a gold mine of opportunities

October 30, 2018 / www.mining.com

Within the highly competitive and capital-intensive mining sector, crowdsourced technology-driven solutions to some of the industry's most challenging problems are being unearthed.From its Melbourne head office, one of the world's largest gold mining companies, Newcrest Mining, has partnered with Unearthed Solutions to deliver an online platform that utilises the global collective wisdom of 'the c...Read More

Investment in innovation still at low end of spectrum

October 30, 2018 / www.mining.com

The global mining sector's comeback signalled great expectations-improved employment, wages and economic wealth. However, the windfall will be short lived according to Peter Bryant, managing partner of Chicago-based strategic growth firm Clareo.Speaking at the International Mining and Resources Conference, Bryant said if miners want a new era of prosperity they must upend the traditional approach...Read More

Top spot as best resources nation at risk

October 30, 2018 / www.mining.com

Like any team at the height of their career, the Australian resource must work harder than its competitors to keep at the top according to Resource Minister Matt Canavan."In the last 20 years, we have seen remarkable growth in the resources sector. We have double the number of people working in mining today than we did before the mining boom. The mining sector regularly contributes over $20 billio...Read More

Gold Seeker Closing Report: Gold Dips While Silver Gains

October 30, 2018 / news.goldseek.com

CloseGain/LossGold $1223.60-$5.50Silver$14.48+$0.03XAU65.44+1.14%HUI145.23+0.84%GDM532.62+0.49%JSE Gold1170.50+4.49USD96.99+0.38Euro113.45-0.40Yen88.65-0.41Oil$66.18-$0.8610-Year3.119%+0.031T-Bond138.84375-0.50Dow24874.64+1.77%Nasdaq7161.65+1.58%S&P2682.63+1.57% The Metals: Gold dropped $9.10 to $1220.00 in London before it chopped back higher in early New York trade, but it still ended wi...Read More

Asian Metals Market Update: Oct 30 2018

October 30, 2018 / news.goldseek.com

India has done a bilateral forex swap agreement with Japan and China separately. China has done a forex swap agreement with Japan. Forex swap agreement between large nations like India, China and Japan will result in more and more nations copying them. Net result is a decline in the US dollar share in global trade and a decline in the purchasing power of the US dollar. Gold will be a medium of s...Read More

Asian Metals Market Update: Oct 30 2018

October 30, 2018 / news.goldseek.com

India has done a bilateral forex swap agreement with Japan and China separately. China has done a forex swap agreement with Japan. Forex swap agreement between large nations like India, China and Japan will result in more and more nations copying them. Net result is a decline in the US dollar share in global trade and a decline in the purchasing power of the US dollar. Gold will be a medium of s...Read More

Cash is king again, but that may be a bad sign that another recession is looming

October 30, 2018 / www.marketwatch.com

Yes - cash is back. Once again people who don't want to take on the risks of the stock market or the bond market or the gold market or any other market - and just want a reasonable rate of return on their savings without having to worry - are starting to feel some love. Interest rates on two-year certificates of deposit or CDs - not quite "cash," but pretty close - have just cracked 3% for the fir...Read More

Strong Equities and U.S. Dollar Once Again Pressure Gold

October 30, 2018 / www.kitco.com

An extremely robust U.S. equities markets along with dollar strength put slight pressure on gold pricing today. The roller coaster ride that defines the U.S. equities market continues to oscillate strongly with significant gains today immediately following yesterday's dynamic selloff. Yesterday the Dow Jones Industrial Average traded within a range of over 900 points. Trading to a high which was a...Read More

Strong Equities and U.S. Dollar Once Again Pressure Gold

October 30, 2018 / www.kitco.com

An extremely robust U.S. equities markets along with dollar strength put slight pressure on gold pricing today. The roller coaster ride that defines the U.S. equities market continues to oscillate strongly with significant gains today immediately following yesterday's dynamic selloff. Yesterday the Dow Jones Industrial Average traded within a range of over 900 points. Trading to a high which was a...Read More

Gold To Push Past $1,500 In 12 Months - LBMA Poll

October 30, 2018 / www.kitco.com

(Kitco News)- Optimism ishigh among delegates at the London Bullion Market Association’s 2018 preciousmetals conference, even as general investors continue to ignore the sector.In aconference poll, 682 attendees said that they see gold prices rising to $1,532an ounce by the next conference in 2019. The outlookcomes as gold prices struggled to hold on to last week’s three-month high.Dec...Read More

Gold To Push Past $1,500 In 12 Months - LBMA Poll

October 30, 2018 / www.kitco.com

(Kitco News) - Optimism is high among delegates at the London Bullion Market Association’s 2018 precious metals conference, even as general investors continue to ignore the sector.In a conference poll, 682 attendees said that they see gold prices rising to $1,532 an ounce by the next conference in 2019. The outlook comes as gold prices struggled to hold on to last week’s three-month hi...Read More

The new resource estimate encompasses about two-thirds of the total mineralized area defined to date, which extends...

October 30, 2018 / twitter.com

"The new resource estimate encompasses about two-thirds of the total mineralized area defined to date, which extends over an area 2.5 km long by 600m wide. Mineralization remains open at depth and towards the southeast. https://t.co/5uv8IauwQM #Investing #Resource #Gold"Read full newsRead More

Gold: Higher Prices Short Term Or Buy Pullbacks?

October 30, 2018 / seekingalpha.com

With gold closing around $1236, the market closing above the 9-day weekly moving average is confirmation that coming into this week we have a bullish trend momentum.If the gold market closes above $1235, the first target this week is the sell 1 (S1) level of $1247, and the second target is the sell 2 (S2) level at $1258.If the market comes down below $1235, it would negate this bullish trend to ne...Read More

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