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Osisko Gold completes $148M financing in Victoria Gold

April 16, 2018 / www.stockwatch.com

Mr. Sean Roosen reportsOSISKO CLOSES FINANCING ON VICTORIA GOLD'S EAGLE GOLD PROJECT Osisko Gold Royalties Ltd. has completed the previously announced $148-million financing transaction with Victoria Gold Corp., pursuant to which Osisko acquired from Victoria a 5-per-cent net-smelter-return royalty for $98-million on the Dublin Gulch property which hosts the Eagle gold project located in Yukon, Ca...Read More

Brazil's Vale reports iron ore output slips in first-quarter

April 16, 2018 / www.kitco.com

RIO DE JANEIRO/BRASILIA (Reuters) - Brazilian miner Vale SA said on Monday that total iron ore output slipped 4.9 percent year-on-year in the first quarter to 81.95 million tonnes, although the company maintained its 390 million tonne target for 2018.The world's top iron ore producer said that heavy rains in the first three months of the year impacted its output.Meanwhile, iron ore sales rose 9 pe...Read More

Inspectors' visit to suspected Syria gas attack site delayed

April 16, 2018 / www.kitco.com

DAMASCUS (Reuters) - A visit by chemical weapons inspectors to the site of a suspected gas attack in Syria was delayed on Monday, British and Russian officials said, as Western powers and Russia traded accusations in the aftermath of retaliatory U.S.-led missile strikes.Moscow, the main ally of Syrian President Bashar al-Assad, on Sunday condemned the United States, Britain and France for refusing...Read More

Dow Futures Up Triple Digits as Earnings Season Heats Up

April 16, 2018 / www.schaeffersresearch.com

FAANG giant Netflix will report earnings tonightDow Jones Industrial Average (DJI) futures are pointed higher to kick off the week, up triple digits despite U.S.-led missile strikes on targeted facilities in Syria. President Donald Trump continues to keep investors on edge, however, this morning tweeting that "Russia and China are playing the Currency Devaluation game as the U.S. keeps raising int...Read More

After Syria strikes, British PM May to face critical parliament

April 16, 2018 / www.kitco.com

LONDON (Reuters) - British Prime Minister Theresa May will face criticism on Monday for bypassing parliament to join weekend air strikes against Syria, with some lawmakers calling for a potentially damaging vote on her future strategy.May, who has regained confidence after winning support for her tough stance on Syria and Russia, will make a statement to parliament on her decision to join the Unit...Read More

Correction: Gold Prices Unchanged On The Day Following 0.6% Rise In March Retail Sales

April 16, 2018 / www.kitco.com

Editor's Note: Updating earlier story to include analyst comment and correcting to reflect sales rose, not fell.(Kitco News)- The goldmarket remains muted and has largely ignored data showing U.S. consumers spentmore last month.On Monday,the U.S. Commerce Department said that March U.S. retail sales increased by0.6% to $492 billion. The headline data was stronger than expected aseconomists were fo...Read More

Empire State Manufacturing Index Falls To 15.8 In April

April 16, 2018 / www.kitco.com

Editor's Note: Updating earlier story with more details from report.(Kitco News) - The general businessconditions index in the Empire State manufacturing survey fell to a reading of 15.8in April from 22.5 in March, the New York Federal Reserve said Monday. Going into the report,consensus expectations compiled by various news organizations had been for areading of 18.2 to 18.6.Positive readi...Read More

Mitsubishi: Gold Helped By Geopolitical Tensions

April 16, 2018 / www.kitco.com

Mitsubishi looks for gold to continue todraw some support from geopolitical tensions. Analysts note that spot metal hita three-month high around $1,365 an ounce last week after internationalcondemnation of a suspected chemical-gas attack in Syria. “Bullion, as well asother perceived safe-haven assets such as the [Japanese] yen and Swiss franc,hit multi-month highs amid rising geopolitical te...Read More

Gold Near Steady As Marketplace Takes In Stride Missile Strikes On Syria

April 16, 2018 / www.kitco.com

(Kitco News) - Gold prices are trading near unchanged in early U.S. dealings Monday. Themarketplace late last week had fully anticipated the U.S.-led missile attack onSyria Saturday. Thus, markets did not show a big reaction to the weekendmilitary action. June Comex gold futures were last down $0.10 an ounce at $1,347.80.May Comex silver was last down $0.023 at $16.635 an ounce. Importantly,howe...Read More

Bond yields rise, oil prices drop after Syria strikes

April 16, 2018 / www.kitco.com

LONDON (Reuters) - Oil prices fell sharply and government bond yields rose on Monday on expectations that the weekend’s missile attacks on Syria would not mark the start of greater Western involvement in the conflict.European shares were broadly flat, however, adding to a mixed picture in Asian stock markets and suggesting that a degree of caution prevails.While last week’s bid for inv...Read More

BofA's profit rises on higher interest rates, loan growth

April 16, 2018 / www.kitco.com

(Reuters) - Bank of America (BAC.N) reported a 34 percent rise in first-quarter profit on Monday as it benefited from higher interest rates and loan growth.The second-largest U.S. bank by assets said net income attributable to shareholders rose to a record $6.49 billion in the three months ended March 31 from $4.84 billion a year earlier. Earnings per share rose to 62 cents from 45 cents.Analysts...Read More

Wall Street eyes earnings stabilizer after FAANG stocks wobble

April 16, 2018 / www.kitco.com

(Reuters) - Wall Street is hoping that first-quarter earnings growth and corporate forecasts are strong enough to bring the FAANG group of stocks back into favor and take the spotlight off worries that caused the recent sell-off in the high-flying group.With valuations below recent peaks, the group - comprised of Facebook, Amazon.com, Apple Inc (AAPL.O), Netflix (NFLX.O) and Google parent Alphabet...Read More

China first-quarter GDP growth seen easing only slightly as trade tensions mount

April 16, 2018 / www.kitco.com

BEIJING (Reuters) - China likely carried most of its strong economic momentum from last year into the first quarter of 2018, with government crackdowns on financial risks and industrial pollution dragging less on activity than earlier expected, a Reuters poll showed.Beijing is looking to keep the economic balancing act intact even as it faces rising trade tensions with its largest trading partner,...Read More

UPDATE 1-Russia central bank says no plans to intervene on rouble

April 16, 2018 / www.kitco.com

(Adds quotes, background)MOSCOW, April 16 (Reuters) - Russia’s central bank said on Monday it would not intervene in currency markets following a sharp drop in the value of the rouble, playing down the impact on the currency of new U.S. sanctions.Volatility on Russian markets has soared since Washington imposed fresh sanctions on April 6, targeting some of Russia’s biggest companies an...Read More

Dollar Down, Gold Down; That Can't Be Right

April 16, 2018 / www.kitco.com

Gold is lower along with thedollar, which leaves many scratching their heads thinking that can't be right.Correlations with different asset classes are not guaranteed to work day today. Eventually correlated assets will resume their relationships over a longperiod of time, but not necessarily day to dayMarket expectations are the sameas assumptions of what the future will bring. Look at JP Morgan,...Read More

Beware the Consensus Storyline on Earnings Season

April 16, 2018 / www.schaeffersresearch.com

SPY and SPX enter the week staring up at triple-barreled resistance"Multiple resistance levels now lie overhead, which reduces the appeal of stocks at this moment. For example, there is the SPX 2,650 level that gave it trouble last week on rally attempts, and the year-to-date breakeven level at 2,673 that acted as support in early March but could now act as resistance on rallies."-- Monday Morning...Read More

Kirkland Lake Gold to release Q1 2018 results May 2 https://

April 16, 2018

Mr. Anthony Makuch reportsKIRKLAND LAKE GOLD ANNOUNCES DETAILS OF ANNUAL GENERAL MEETING AND FIRST QUARTER 2018 CONFERENCE CALL AND WEBCAST Kirkland Lake Gold Ltd. will hold its annual general meeting of shareholders at 10 a.m. ET on Wednesday, May 2, 2018, at the TSX Exchange Tower located at 130 King St. West, Toronto, Ont., M5X1C9.A webcast of the meeting will be available on the company's webs...Read More

Kirkland Lake Gold to release Q1 2018 results May 2 https://

April 16, 2018

Mr. Anthony Makuch reportsKIRKLAND LAKE GOLD ANNOUNCES DETAILS OF ANNUAL GENERAL MEETING AND FIRST QUARTER 2018 CONFERENCE CALL AND WEBCAST Kirkland Lake Gold Ltd. will hold its annual general meeting of shareholders at 10 a.m. ET on Wednesday, May 2, 2018, at the TSX Exchange Tower located at 130 King St. West, Toronto, Ont., M5X1C9.A webcast of the meeting will be available on the company's webs...Read More

PRECIOUS-Gold inches up as dollar slides, even as risk premium fades

April 16, 2018 / www.kitco.com

* Risk havens slip as investors reassess Syria strikes * Palladium climbs again after near 10 pct rise last week * GRAPHIC-2018 asset returns: (Recasts with updated prices, comment throughout; adds byline,NEW YORK dateline)By Chris Prentice and Jan HarveyNEW YORK/LONDON, April 16 (Reuters) - Gold prices rose onMonday as losses in the U.S. dollar bolstered, though gains weremuted as financial marke...Read More

The 2015 Gold King Mine spill was more than a century in the making

April 16, 2018 / dlvr.it

Jonathan Thompson has written an important book of investigative journalism, especially relevant for ...Read full newsRead More

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