Recent News

Asian Shares Up, Oil Down As Syria Fallout Seen Limited

April 15, 2018 / www.kitco.com

Wayne ColeSYDNEY (Reuters) - Share markets started firmer in Asia on Monday amid relief U.S.-led strikes on Syria looked like being a one-off event that avoided a direct confrontation with Russia, weighing on oil prices and safe-haven Treasuries.EMini futures for the S&P 500 ESc1 sprang 0.6 percent higher in early trade, while Japan's Nikkei .N225 added 0.3 percent.MSCI’s broadest index...Read More

White House: Trump Wants U.S. Forces In Syria To Come Home As Quickly As Possible

April 15, 2018 / www.kitco.com

WASHINGTON (Reuters) - President Donald Trump still wants U.S. forces in Syria to return home as soon as possible, the White House said on Sunday, after French President Emmanuel Macron said he had convinced Trump to keep a U.S. presence there for “the long term.”“The U.S. mission has not changed — the president has been clear that he wants U.S. forces to come home as quick...Read More

Developer of lithium project in Canada placed in trading halt in Australia

April 15, 2018 / www.mining.com

The developer of the Authier Lithium Project in Quebec, Sayona Mining Ltd (ASX:SYA), requested the Australia Stock Exchange to place its securities in trading halt pending the release of an announcement by management."Unless ASX decides otherwise, the securities will remain in trading halt until the earlier of the commencement of normal trading on Wednesday, 18 April 2018 or when the announcement...Read More

U.S., Mexico And Canada Hasten NAFTA Talks As Elections Loom: Pena Nieto

April 15, 2018 / www.kitco.com

Roberta Rampton, Daina Beth SolomonLIMA/MEXICO (Reuters) - The United States, Mexico and Canada will expedite NAFTA talks in a push to reach a deal in coming weeks, Mexico’s president said on Saturday after a meeting with the U.S. vice president and Canadian prime minister.On the sidelines of the Summit of the Americas in Lima, Peru, Mexican President Enrique Pena Nieto, U.S. Vice President...Read More

Oil, Gold Open Lower Despite Syria Strikes; Russian Retaliation In Focus

April 15, 2018 / www.kitco.com

Jan Harvey, Jessica Resnick-AultLONDON/NEW YORK (Reuters) - Gold and oil traded slightly lower as markets opened for the first time since Western powers launched a missile attack on Syria, but equities are unlikely to experience big losses unless the West strikes again or Russia retaliates.“The news flow is actually better than what it looked like at one point during last week, as the strike...Read More

Australian miner sells nickel tenements for $1.55 million

April 15, 2018 / www.mining.com

Norwood-based Minotaur Exploration (ASX: MEP) announced today that it has signed a binding agreement with a company interested in buying its nickel tenements E36/899, E37/909 and E36/936 located south-east of Leinster in Western Australia. A corporate a press release reveals that, under the terms of the Tenement Sale Agreement, the exploration company should receive A$50,000 in cash and paid upfro...Read More

Gold Prices Drop As Markets Focus On Russia's Possible Syria Strike Retaliation

April 15, 2018 / www.kitco.com

(Kitco News) - Gold began to decline as soon as Asian markets opened early on Monday, with traders waiting for possible retaliatory moves from Russia after U.S., France, and Britain launched air strikes on Syria over the weekend.Spot gold on Kitco.com was last trading at $1,340.20, down 0.38% on the day, while Comex June gold futures were at $1.343.40, down 0.33% on the day.One hundred and five mi...Read More

Authorities bring down illegal mining site in the Peruvian Amazon

April 15, 2018 / www.mining.com

Officials from Peru's National Police Force and the National Prosecutor's Office dismantled an illegal mining site in an area known as La Pampa in the southeastern Madre de Dios region.In a statement issued by the Interior Ministry, the officials explained that they burned nine engines and 10 boats, as well as sized 10 hoppers, 200 metres of PVC pipes, 300 gallons of fuel and six motorbikes. They...Read More

Russia's Putin Predicts Global 'Chaos' If West Hits Syria Again

April 15, 2018 / www.kitco.com

Jack Stubbs, Laila BassamMOSCOW/DAMASCUS (Reuters) - Russian President Vladimir Putin warned on Sunday that further Western attacks on Syria would bring chaos to world affairs, as Washington prepared to increase pressure on Russia with new economic sanctions.In a telephone conversation with his Iranian counterpart Hassan Rouhani, Putin and Rouhani agreed that the Western strikes had damaged the ch...Read More

Oil, Gold To Gain On Syria Strikes; Russian Retaliation In Focus

April 15, 2018 / www.kitco.com

Jan Harvey, Sujata RaoLONDON (Reuters) - Gold and oil will extend their gains on Monday, albeit modestly, when markets open for the first time since Western powers launched a missile attack on Syria, but equities are unlikely to suffer big losses unless the West strikes again or Russia retaliates.“The news flow is actually better than what it looked like at one point during last week as the...Read More

IMF resumes lending to Chad following Glencore debt deal

April 15, 2018 / www.mining.com

The International Monetary Fund said it is resuming loan disbursements to Chad after the Central African oil producer reached an agreement in principle to restructure its more than $1 billion debt to Glencore and four banks.The IMF also said in a statement late on Friday that it expects Chad's economy to grow by 3.5 per cent this year, after it contracted by 3.1 per cent last year, assuming the te...Read More

Argentinian secretaries to jail for Veladero spill

April 15, 2018 / www.mining.com

Federal judge Sebasti??n Casanello prosecuted Sergio Lorusso, Argentina's former Secretary of Environment, and Jorge Mayoral, former Secretary of Mines.The officials are accused of abuse of power in the case of the 2015 cyanide spill at Barrick Gold's (TSX, NYSE:ABX) Veladero mine, the first of three similar incidents registered at the operation between 2015 and 2017.According to Casanello's decis...Read More

Argentinian secretaries to jail for Veladero spill

April 15, 2018 / www.mining.com

Federal judge Sebasti??n Casanello prosecuted Sergio Lorusso, Argentina's former Secretary of Environment, and Jorge Mayoral, former Secretary of Mines.The officials are accused of abuse of power in the case of the 2015 cyanide spill at Barrick Gold's (TSX, NYSE:ABX) Veladero mine, the first of three similar incidents registered at the operation between 2015 and 2017.According to Casanello's decis...Read More

Argentinian secretaries to jail for Veladero spill

April 15, 2018 / www.mining.com

Federal judge Sebasti??n Casanello prosecuted Sergio Lorusso, Argentina's former Secretary of Environment, and Jorge Mayoral, former Secretary of Mines.The officials are accused of abuse of power in the case of the 2015 cyanide spill at Barrick Gold's (TSX, NYSE:ABX) Veladero mine, the first of three similar incidents registered at the operation between 2015 and 2017.According to Casanello's decis...Read More

Is Gold Building A Launch Pad?

April 15, 2018 / seekingalpha.com

Gold has traded sideways for much of 2018 while commercials have covered some of their short positions.Some of the factors that we track suggest that gold is preparing to launch higher, but it may need a couple more months to overtake $1,400.If the supply of world currency was still pegged to the price of gold, then the value of gold would be much higher relative to these currencies.Introduction A...Read More

Reasons To Like Silver

April 15, 2018 / seekingalpha.com

Silver is technically bearish, but fundamentally bullish.The silver COT report continues to be bullish, and including physical storage, the commercials are net long.The gold-silver ratio favors silver.Silver demand exceeds supply every year.Introduction After silver reached a recent low in December 2017, the price rallied forcefully above its 50-day and 200-day moving averages in late 2017 and ear...Read More

#China Considers Taking Its Boot Off #Equity Market's Throat | Zero Hedge

April 15, 2018 / www.zerohedge.com

It appears that China is ready to re-enable some speculative excess once again in its stock market...Read full newsRead More

Journalist Finds A Hometown 'River Of Lost Souls' After The Gold King Mine Disaster

April 15, 2018 / dlvr.it

Jonathan Thompson places the Gold King Mine spill within the long history of mining and pollution in Southwest Colorado.Read full newsRead More

BRIEF-K92 Mining Reports Q1 Production From Kainantu Gold Copper Mine

April 15, 2018 / dlvr.it

K92 Mining Inc:Read full newsRead More

5 Reasons Why Teck Resources Ltd. Will Outperform the TSX This Year

April 15, 2018 / www.fool.ca

Following a 50% rise in its share price, Teck Resources Ltd. (TSX:TECK.B)(NYSE:TECK) stock is back down to a three-month low, as the markets have cooled off to start 2018.Despite being one of the largest publicly traded companies in Canada, Teck is one of the better stocks to trade, with the shares doubling in 2017 after gaining more than 700% in 2016.With the stock having recently made new lows a...Read More

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