Mr. John Watson reportsNV GOLD COMPLETES HOLE ARC-6C AT ATV --ADDITIONAL DRILLING TO COMMENCE SHORTLY NV Gold Corp.'s diamond drill hole, ARC-6C, has recently been completed to a depth of 859.5 metres and is being logged, split and sampled at its 100-per-cent-controlled Across the Valley (ATV) gold project in north-central Nevada. Preparations are being made to drill two additional holes to follow...Read More
Mr. Ioannis Tsitos reportsGOLDSOURCE OPTIONS STRATEGIC LAND POSITION IN GUYANAGoldsource Mines Inc., through its subsidiary and with its local joint venture partner in Guyana, Kilroy Mining Inc., executed a definitive agreement with a local Guyanese individual for the option to explore and purchase a 100-per-cent interest in the Bishop Growler property.As announced on Feb. 1, 2018, Bishop Growler...Read More
Mr. John-Mark Staude reportsRIVERSIDE RESOURCES DEFINES PORPHYRY COPPER TARGETS AT THE 100% OWNED ARIEL COPPER PROJECT IN SONORA, MEXICO Riverside Resources Inc. has provided an update on the Ariel copper project which comprises a 1,242-hectare mining concession located in northeastern Sonora, along the most productive copper belt in Mexico. Riverside holds 100 per cent of the mineral rights to th...Read More
Mr. John-Mark Staude reportsRIVERSIDE RESOURCES DEFINES PORPHYRY COPPER TARGETS AT THE 100% OWNED ARIEL COPPER PROJECT IN SONORA, MEXICO Riverside Resources Inc. has provided an update on the Ariel copper project which comprises a 1,242-hectare mining concession located in northeastern Sonora, along the most productive copper belt in Mexico. Riverside holds 100 per cent of the mineral rights to th...Read More
WASHINGTON (Reuters) - New applications for U.S. unemployment benefits increased more than expected last week, but the number of Americans on jobless rolls fell to its lowest level since 1973, pointing to tightening labor market conditions.Initial claims for state unemployment benefits rose 24,000 to a seasonally adjusted 242,000 for the week ended March 31, the Labor Department said on Thursday....Read More
WASHINGTON (Reuters) - The U.S. trade deficit increased to a near 9-1/2-year high in February as both exports and imports rose to record highs, but the shortfall with China narrowed sharply.The Commerce Department said on Thursday the trade gap rose 1.6 percent to $57.6 billion. That was the highest level since October 2008 and followed a slightly downwardly revised $56.7 billion shortfall in Janu...Read More
The faith of a controversial potash project in the state of Michigan may soon be defined, as regulators are considering a fresh proposal submitted by Michigan Potash Co.The Colorado-based company's plan includes the construction of a plant in central Michigan where the commodity, used as crop nutrient, will be treated.Michigan Potash seeks to extract the fertilizer ingredient through solution mi...Read More
The faith of a controversial potash project in the state of Michigan may soon be defined, as regulators are considering a fresh proposal submitted by Michigan Potash Co.The Colorado-based company's plan includes the construction of a plant in central Michigan where the commodity, used as crop nutrient, will be treated.Michigan Potash seeks to extract the fertilizer ingredient through solution mi...Read More
April 5 (Reuters) - Stock futures pointed to a higher opening for Canada's main stock index on Thursday, tracking gains in global equities as concerns over trade tensions between the U.S. and China receded.June futures on the S&P TSX index were up 0.18 percent at 7:15 a.m. ET.Canadian trade report for February is scheduled at 8:30 a.m. ET and is expected to show the trade deficit widened to C$...Read More
MEXICO CITY (Reuters) - Mexico, Canada and the United States are exploring alternative proposals on rules of origin for autos, a key sticking point in the talks to update the North American Free Trade Agreement (NAFTA), a Mexican source said on Wednesday.U.S. President Donald Trump’s negotiators have demanded that the North American content of vehicles made in NAFTA nations increase to 85 pe...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
Editor's Note: Updating earlier story with more details from report.(Kitco News) - Gold prices maintained overnight losses after a Labor Department report Thursday showedthat initial weekly U.S. jobless claims rose by 24,000 to a seasonallyadjusted 242,000 in the week to Saturday. Consensusexpectations compiled by various news organizations called for initial claimsto be around 225,000 to 230...Read More
LONDON (Reuters) - The dollar rose to a two-week high against a basket of major currencies on Thursday, encouraged by a rebound on Wall Street and signs the United States may negotiate a resolution to a trade dispute with China.Beijing on Wednesday imposed tariffs on key U.S. imports including soybeans, planes, cars, beef and chemicals in response to similar measures from the United States.That pr...Read More
(Kitco News) - Safe-havengold prices are moderately lower in early U.S. trading Thursday, as the worldmarketplace has quickly returned to a more robust risk appetite. June Comex gold futures were last down $10.60 an ounce at $1,329.50. May Comex silver waslast up $0.021 at $16.275 an ounce.Worldstock markets were mostly higher overnight. U.S. stock indexes are also pointedtoward higher openings wh...Read More
Mr. Jeff Pontius reportsCORVUS GOLD EXPANDS DEPOSIT TO THE NORTH & WEST, RETURNS WITHIN SAME HOLE, 53.3 METRES @ 1.9 G/T GOLD & 41.2 METRES @ 1.52 G/T GOLD, MOTHER LODE PROJECT, NEVADACorvus Gold Inc. has received results from three stepout holes in the northwest quadrant of the Mother Lode deposit. Assay results returned encouraging intercepts showing continued expansion of the Mother Lod...Read More
Mr. Jeff Pontius reportsCORVUS GOLD EXPANDS DEPOSIT TO THE NORTH & WEST, RETURNS WITHIN SAME HOLE, 53.3 METRES @ 1.9 G/T GOLD & 41.2 METRES @ 1.52 G/T GOLD, MOTHER LODE PROJECT, NEVADACorvus Gold Inc. has received results from three stepout holes in the northwest quadrant of the Mother Lode deposit. Assay results returned encouraging intercepts showing continued expansion of the Mother Lod...Read More
TD Securities sees potential for a silverrally in 2018. “Silver continues to underperform gold, weighed down by itsindustrial characteristics amid growing trade-war fears, with silver specs [inthe futures market] printing the most bearish net position on record,” TDSsays. “However, given that we remain skeptical on the prospects of a full-blowntrade war materializing, and expect...Read More
TD Securities sees potential for a silver rally in 2018. “Silver continues to underperform gold, weighed down by its industrial characteristics amid growing trade-war fears, with silver specs [in the futures market] printing the most bearish net position on record,” TDS says. “However, given that we remain skeptical on the prospects of a full-blown trade war materializing, and ex...Read More
LONDON (Reuters) - Heavy snow slowed activity in Europe’s dominant service industry last month but with growth still relatively strong, policy expectations for the European Central Bank and Bank of England are unlikely to change.Businesses across the euro zone ended the first quarter with their weakest expansion since the start of 2017 as bad weather and a strong currency combined to curb gr...Read More