TORONTO, July 9, 2018 /PRNewswire/ - New Gold Inc. (Read full newsRead More
Barrick's deal with Shandong shows how Chinese companies have in recent years stepped up their involvement with Canadian mining companiesRead full newsRead More
Canadian miner Barrick Gold Corp and China's Shandong Goldon Monday said they would deepen cooperation beyond their Argentinian joint venture, potentially working together on acquisitions.Read full newsRead More
• The precious metal extended overnight retracement slide from two-week lows and was weighed down by a combination of negative factors - a goodish pickup in the USD demand and fading safe-haven demand. • With short-term technical indicators already seemed losing positive momentum, the fact that it has slipped back below 100-hour SMA, for the first ti...Read More
Has a trade war started? The stock market doesn't suggest that a full-scale trade fight between China and the U.S. has erupted, but a tweet from Ray Dalio, founder of hedge fund Bridgewater Associates, implies otherwise. Friday afternoon, Dalio tweeted: "Today is the first day of the war with China." Today is the first day of the war with China.— Ray Dalio (@RayDalio) July 6, 2018 The tweet...Read More
Isolated fundamental theories carry little weight as to what is actually occurring in the market itself.A market in motion tends to stay in motion unless a new force acts upon it.We must constantly assess where we are from a technical standpoint if we hope to catch trend-changing signals as they arrive.By Christopher Aaron It is our hope that you will understand the scope and place of these articl...Read More
* Escalating trade tensions give rise to risk aversion* Premium for cash aluminium over three-month rises (Recasts, adds comment, changes dateline from Beijing)By Yilei SunLONDON, July 10 (Reuters) - Zinc prices fell to their lowest in more than a year on Tuesday as expectations of rising supplies and a narrowing deficit sparked a sell-off that accelerated after prices fell below key technical sup...Read More
GENEVA (Reuters) - Switzerland has launched a complaint at the World Trade Organization against U.S. tariffs on steel and aluminum, it said on Tuesday, the eighth WTO member to start such a challenge.“From Switzerland’s point of view, the additional duties, which according to the U.S. have been introduced to protect national security, are unjustified,” the statement from the Swis...Read More
LONDON (Reuters) - Iran’s vice president acknowledged on Tuesday that U.S. sanctions would hurt the economy, but promised to “sell as much oil as we can” and protect banking.Eshaq Jahangiri said Washington was trying to stop Iran’s petrochemical, steel and copper exports. “America seeks to reduce Iran’s oil sales, our vital source of income, to zero,” he s...Read 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
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
Mr. Mark Kolebaba reportsADAMERA MOBILIZES DRILL TO THE OVERSIGHT PROPERTYAdamera Minerals Corp. has mobilized a core drill tothe Cooke Mountain project near the historic high-grade Overlook mine in Washington State. The first two drill holes will follow up results from drill holes OS17-01 and OS17-03 which returned several high-grade gold assays including 10 grams per tonne over 1.1 metres, 6.5 g...Read More
Mr. Mark Kolebaba reportsADAMERA MOBILIZES DRILL TO THE OVERSIGHT PROPERTYAdamera Minerals Corp. has mobilized a core drill tothe Cooke Mountain project near the historic high-grade Overlook mine in Washington State. The first two drill holes will follow up results from drill holes OS17-01 and OS17-03 which returned several high-grade gold assays including 10 grams per tonne over 1.1 metres, 6.5 g...Read More
Mr. N. Eric Fier reportsSILVERCREST EXPANDS BABICANORA FOOTWALL VEIN HIGH-GRADE FOOTPRINTSilvercrest Metals Inc. has relased further phase 3 drill results for the Las Chispas property located in Sonora, Mexico. Stepout drilling of the Babicanora footwall (FW) vein has intersected additional high-grade mineralization. The Babicanora FW vein is subparallel to the Babicanora vein. This vein is approx...Read More
Mr. N. Eric Fier reportsSILVERCREST EXPANDS BABICANORA FOOTWALL VEIN HIGH-GRADE FOOTPRINTSilvercrest Metals Inc. has relased further phase 3 drill results for the Las Chispas property located in Sonora, Mexico. Stepout drilling of the Babicanora footwall (FW) vein has intersected additional high-grade mineralization. The Babicanora FW vein is subparallel to the Babicanora vein. This vein is approx...Read More
(Updates prices, headline; adds comment, second byline, NEWYORK to dateline)By Renita D. Young and Eric OnstadNEW YORK/LONDON, July 10 (Reuters) - Gold prices fell onTuesday, weighed down by a stronger U.S. dollar, and may re-testa seven-month low after a failed attempt to break higher in theprevious session.Spot gold was down 0.2 percent at $1,255.09 an ounceby 1:33 p.m. EDT (1733 GMT), after ret...Read More
(Updates prices, headline; adds comment, second byline, NEWYORK to dateline) By Renita D. Young and Eric Onstad NEW YORK/LONDON, July 10 (Reuters) - Gold prices fell onTuesday, weighed down by a stronger U.S. dollar, and may re-testa seven-month low after a failed attempt to break higher in theprevious session. Spot gold was down 0.2 percent at $1,255.09 an ounceby 1:33 p.m. EDT (1733 GMT), after...Read More
Mr. Anthony Makuch reports KIRKLAND LAKE GOLD ANNOUNCES SOLID Q2 2018 OPERATING RESULTS WITH TOTAL PRODUCTION OF 164,685 OUNCES OF GOLD Kirkland Lake Gold Ltd. has released production results for the second quarter of 2018 of 164,685 ounces and for the first six months of 2018 of 312,329 ounces. Production in the second quarter of 2018 exceeded target levels for the quarter driven by record quarte...Read More
Mr. Anthony Makuch reports KIRKLAND LAKE GOLD ANNOUNCES SOLID Q2 2018 OPERATING RESULTS WITH TOTAL PRODUCTION OF 164,685 OUNCES OF GOLD Kirkland Lake Gold Ltd. has released production results for the second quarter of 2018 of 164,685 ounces and for the first six months of 2018 of 312,329 ounces. Production in the second quarter of 2018 exceeded target levels for the quarter driven by record quarte...Read More
New report says EV boom is bifurcating nickel mining and short supply of battery-grade material will see prices climb near $30,000 mark within five years.Read full newsRead More