Barrick Gold's (TSX, NYSE:ABX) executive chairman John Thornton said Thursday the company could sell its non-core assets, particularly copper ones, as a result of the merger with Randgold Resources (LON:RRS), a deal which is expected to happen in the first three months of 2019.Barrick and Randgold will focus on Tier 1 assets which produce 500,000 ounces of gold annually, have a mine life of more...Read More

(Kitco News)- Gold did not move much after a Commerce Department report Thursdayshowing that U.S. September orders for durable goods rose by 0.8% to $262.1billion. December Comex gold futures were last at$1,234.90, up 0.31% on the day.  Consensus expectations compiled by various news organizations hadcalled for durables to be down by somewhere between 1.5% and 1.9%. This increasefollowed a 4...Read More

(Kitco News) - Gold prices largely ignored the data from the U.S. Labor Department showing that the initial weekly jobless claims rose to 215,000 in the week to Saturday. Market consensus called for initial claims to rise to 214,000 from the unrevised level of 210,000 reported in the previous week. The December Comex gold futures were not impacted by the data, largely keeping all early-morning gai...Read More

(Kitco News) - Gold prices aremoderately higher in early U.S. trading Thursday, on more safe-haven buyingahead of an uncertain U.S. trading session following Wednesday’s pounding inthe U.S. stock market and steep losses in Asian shares overnight. December gold futures were last up $4.40 an ounce at $1,235.40. December Comex silver waslast up $0.089 at $14.76 an ounce. Globalstock markets wer...Read More

RIYADH (Reuters) - Saudi Arabia said it signed $56 billion of deals at an investment conference this week and expected the United States to remain a key business partner despite a partial boycott of the event over the killing of Saudi journalist Jamal Khashoggi.Over two dozen top officials and executives from the United States and Europe, including U.S. Treasury Secretary Steven Mnuchin and chief...Read More

SEOUL (Reuters) - Hyundai Motor Co’s (005380.KS) third-quarter net profit plunged by a shocking two-thirds, hit by a $440 million one-off charge related to U.S. recalls and sending its shares tumbling to near nine-year-lows on Thursday.The unexpected costs relating to Hyundai’s engine recalls came on the heels of mounting U.S. pressure to respond to reports of vehicles catching fires.T...Read More

B?-RSE ONLINE: Der Goldpreis hat sich von seinem j? 1/4 ngsten Tief Mitte August wieder etwas erholt, hat seitdem rund f? 1/4 nf Prozent zugelegt. Am Dienstag ging es um rund ein Prozent nach oben, an den Aktienm??rkten st? 1/4 rzten die Kurse ab. Ist Gold wieder die Krisenw??hrung schlechthin? Ronald-Peter St??ferle: Das Gold macht seinem Ruf als Portfolio-Versicherung wieder alle Ehre. Das Edelm...Read More

"German IFO Business Climate (Oct):102.8(est 103, prev 103.7) German IFO Current Assessment (Oct):105.9(est 106, prev R 106.6) German IFO Expectations (Oct): 99.8 (est 100.3, prev R 100.9)"Read full newsRead More

Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More

(Kitco News)- The European CentralBank left interest rates unchanged Thursday and continued to say it will endits monthly asset purchases at the end of the year.The central bank’s GoverningCouncil left the interest rate on the main refinancing operations and theinterest rates on the marginal lending facility and the deposit facility at 0.00%,0.25% and minus 0.40%, respectively.“The Gov...Read More

All markets go through the samephases from consolidation to blow off; the metals are no different. For months,gold languished in the consolidation pattern churning between $1,180-$1,220. Threeweeks ago today, it broke out right to blow off.Since its blow off, gold settledand resolved the blow-off pattern by consolidating once again but at muchhigher levels. The phase that gold missed was the trend...Read More

All markets go through the same phases from consolidation to blow off; the metals are no different. For months, gold languished in the consolidation pattern churning between $1,180-$1,220. Three weeks ago today, it broke out right to blow off. Since its blow off, gold settled and resolved the blow-off pattern by consolidating once again but at much higher levels. The phase that gold missed was the...Read More

The Responsible Artisanal Gold Solutions Forum (Forum), with USAID and local partners, is proud to announce several milestones, including the first conflict-free artisanal gold from the Democratic Republic of the Congo (DRC) exported to U.S. jewelers.Forum member Sasha Lezhnev, Deputy Director of Policy at the Enough Project, said, "This gold proves that it is possible to source conflict-free, res...Read More

Goldcorp Inc. plunged to the lowest since 2002, the steepest decline among gold miners, after the company reported a bigger third-quarter loss than analysts had expected.The Vancouver-based miner posted a net loss of 12 cents a share, compared with the average analysts' estimate of 10 cents compiled by Bloomberg. Operating results were hurt by lower output of all metals from the company's Pe??asqu...Read More

Western Uranium & Vanadium Corp. (CSE: WUC) announced plans to re-open the Sunday Mine Complex, located in western San Miguel County, Colorado.The complex extends for 3,748 hectares and consists of five individual mines currently in temporary cessation. These are the Sunday mine, the Carnation mine, the Saint Jude mine, the West Sunday mine and the Topaz mine. Last time they were mined was between...Read More

Western Uranium & Vanadium Corp. (CSE: WUC) announced plans to re-open the Sunday Mine Complex, located in western San Miguel County, Colorado.The complex extends for 3,748 hectares and consists of five individual mines currently in temporary cessation. These are the Sunday mine, the Carnation mine, the Saint Jude mine, the West Sunday mine and the Topaz mine. Last time they were mined was between...Read More

Western Uranium & Vanadium Corp. (CSE: WUC) announced plans to re-open the Sunday Mine Complex, located in western San Miguel County, Colorado.The complex extends for 3,748 hectares and consists of five individual mines currently in temporary cessation. These are the Sunday mine, the Carnation mine, the Saint Jude mine, the West Sunday mine and the Topaz mine. Last time they were mined was between...Read More

A hidden gem trading under a secret name could be the key to retirement riches.Picture the perfect stock for a moment.What would it look like?No doubt it would have hundreds of billions in revenue - more than tech giants like IBM, Facebook and Google.It would probably be a leader in cutting-edge technology like smartphones, robotics, e-commerce and medical equipment.It would have tens of thousands...Read More

A month after announcing it had acquired full ownership of its Idaho-based Iron Creek project and eliminated its royalty, Canada's First Cobalt (TSX-V: FCC) released a video today aimed at selling high the product of its flagship asset."As federal agencies seek ways to reduce U.S dependency on foreign sources of cobalt, projects such as Iron Creek in mining-friendly Idaho support a strategy to red...Read More

A month after announcing it had acquired full ownership of its Idaho-based Iron Creek project and eliminated its royalty, Canada's First Cobalt (TSX-V: FCC) released a video today aimed at selling high the product of its flagship asset."As federal agencies seek ways to reduce U.S dependency on foreign sources of cobalt, projects such as Iron Creek in mining-friendly Idaho support a strategy to red...Read More