MOSCOW (Reuters) - Sberbank CIB, an arm of Russia’s largest lender, plans to more than double its gold sales to India this year and sell more gold than forecast to China, while keeping gold purchases in Russia flat, its head of global markets said.Purchases for sales to countries such as China and India go through the bank’s Swiss branch, while most of Sberbank CIB’s gold purchas...Read More

LONDON (Reuters) - Britain’s buoyant manufacturing industry lost some steam in the first three months of 2018, according to a survey on Tuesday that suggested the economy remains on a slow but steady course a year ahead of Brexit.The IHS Markit/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) inched up to 55.1 in March from a downwardly revised 55.0 in February, beating the 54.7...Read More

California Gold Mining Inc. has been halted at the open on April 3, 2018, at the request of the company, pending an announcement.© 2018 Canjex Publishing Ltd. All rights reserved.Read More

California Gold Mining Inc. has been halted at the open on April 3, 2018, at the request of the company, pending an announcement.© 2018 Canjex Publishing Ltd. All rights reserved.Read More

Iamgold Corp.(TSX: IMG; NYSE: IAG) has announced a new inferred mineral resource estimate for the EasternBorosi joint-venture gold project in Nicaragua. The project is 51% owned byIamgold and 49% by Calibre Mining Corp. Iamgold says the underground resource estimate consists ofinferred resources totaling 3,219,000 tonnes grading 6.03 grams per tonne ofgold and 104 g/t of silver for 624,000 ounces...Read More

Iamgold Corp. (TSX: IMG; NYSE: IAG) has announced a new inferred mineral resource estimate for the Eastern Borosi joint-venture gold project in Nicaragua. The project is 51% owned by Iamgold and 49% by Calibre Mining Corp. Iamgold says the underground resource estimate consists of inferred resources totaling 3,219,000 tonnes grading 6.03 grams per tonne of gold and 104 g/t of silver for 624,000 ou...Read More

Mr. Jean-Sebastien David reports ARIANNE PHOSPHATE RECEIVES ADDITIONAL FUNDING FROM THE GOVERNMENT OF QUEBEC FOR ITS LAC A PAUL PROJECTArianne Phosphate Inc. has received a grant of $1.5-million from the Ministry of Energy and Natural Resources of Quebec. This funding has been provided as part of the government's plan to help advance the Quebec phosphate (apatite) sector. Arianne will be using thi...Read More

Mr. Jean-Sebastien David reports ARIANNE PHOSPHATE RECEIVES ADDITIONAL FUNDING FROM THE GOVERNMENT OF QUEBEC FOR ITS LAC A PAUL PROJECTArianne Phosphate Inc. has received a grant of $1.5-million from the Ministry of Energy and Natural Resources of Quebec. This funding has been provided as part of the government's plan to help advance the Quebec phosphate (apatite) sector. Arianne will be using thi...Read More

(Kitco News) - Gold andsilver prices are slightly lower in early U.S. trading Tuesday, on a correctivepullback after good gains scored on Monday. June Comex gold futures were last down$3.30 an ounce at $1,343.60. May Comex silver was last down $0.092 at $16.585an ounce.Worldstock markets were lower overnight, following the sharp losses seen in the U.S.stock market on Monday that saw the indexes hi...Read More

(Reuters) - U.S. stock index futures signaled a higher opening for Wall Street on Tuesday, supported by slight gains in beaten-down technology stocks, but Amazon remained on track to open lower after dragging down the markets on Monday.Facebook, Netflix and Alphabet rose marginally in premarket trading after steep declines in recent weeks.The main U.S. indexes wiped out their gains for the year on...Read More

STAMFORD, Connecticut (Reuters) - In record time, Loxo Oncology (LOXO.O) developed a novel drug for a wide variety of tumors that share a rare mutation. It recently struck a partnership with Germany’s Bayer (BAYGn.DE). Its stock tripled in the past year.But in an unusual move for biotech - where hype is often the norm - its founders are tempering expectations.They are quick to point out that...Read More

(Reuters) - The New York Federal Reserve will launch a benchmark U.S. rate on Tuesday to potentially replace Libor, and market participants hope it will prove more reliable after a long and complex switchover.The New York Fed will begin publishing the Secured Overnight Financing Rate (SOFR), the first step in a multi-year plan to transition more derivatives away from the London interbank offered r...Read More

ATHENS (Reuters) - Greek Prime Minister Alexis Tsipras urged his ministers on Tuesday to intensify reform efforts as the country heads towards the anticipated conclusion of a three-year bailout program in August.“There is no time for complacency, but we must intensify efforts to finish the marathon,” he told a meeting of his cabinet.Athens is eager to emerge from years of bailouts prov...Read More

INTLFCStone looks for a stronger U.S. dollar to weigh on gold during April.Analysts forecast that the greenback will benefit as the Trump administrationbacks away from starting a trade war. Further, the European Central Bank andBank of Japan are likely to remain “sidelined” on tightening monetary policy,further underpinning the dollar, analysts say. “A stronger dollar and anexpec...Read More

INTL FCStone looks for a stronger U.S. dollar to weigh on gold during April. Analysts forecast that the greenback will benefit as the Trump administration backs away from starting a trade war. Further, the European Central Bank and Bank of Japan are likely to remain “sidelined” on tightening monetary policy, further underpinning the dollar, analysts say. “A stronger dollar and an...Read More

Kevin van Wouw, chief executive of Cradle Arc Plc (LON:CRA) tells Proactive they're to accelerate development at Mowana in Botswana to get the copper mine into profit more quickly.He says they've also upgraded the copper resource using modern JORC standards to 861,000 tonnes of contained copper at a grade of 1.15%.Of that, measured and indicated resources are 466,000 tonnes of contained copper. &n...Read More

Mr. Walt Coles Jr. reportsSKEENA INITIATES PHASE II UNDERGROUND DRILLING AT SNIPSkeena Resources Ltd. has commenced underground drilling at its 100-per-cent-owned Snip project located in the Golden Triangle of British Columbia. The budgeted phase II drill program totalling 11,000 metres is being performed from the existing underground infrastructure utilizing two drill rigs. Building upon the data...Read More

Mr. Walt Coles Jr. reportsSKEENA INITIATES PHASE II UNDERGROUND DRILLING AT SNIPSkeena Resources Ltd. has commenced underground drilling at its 100-per-cent-owned Snip project located in the Golden Triangle of British Columbia. The budgeted phase II drill program totalling 11,000 metres is being performed from the existing underground infrastructure utilizing two drill rigs. Building upon the data...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