Recent News

China regulator says no FX derivative short positions at end-Feb, unchanged from Jan

March 30, 2018 / www.kitco.com

BEIJING, March 30 (Reuters) - China's foreign exchangeregulator said on Friday that it had no holdings of shortforeign currency positions in forwards and futures versus theyuan at the end of February, unchanged from its Januaryposition.China began reporting the data early last year, followingspeculation the central bank was using currency swaps and otherderivatives to intervene in offshore foreign...Read More

UPDATE 1-Polish central budget surplus climbs to 4.5 bln zlotys in Jan-Feb

March 30, 2018 / www.kitco.com

(Adds details)By Marcin GoettigWARSAW, March 30 (Reuters) - Poland's central budget posteda higher surplus of 4.5 billion zlotys ($1.32 billion) in thefirst two months of 2018 compared to 0.9 billion zlotys in thesame period a year earlier, finance ministry data showed onFriday.Total budget expenditure in the period fell by 4.2 percentyear-on-year to 57.6 billion zlotys, mainly thanks to a lowersu...Read More

World's First Deepsea Mining Support Vessel Launched

March 30, 2018 / dlvr.it

Nautilus Minerals production support vessel Nautilus New Era was launched at the Mawei shipyard in C...Read full newsRead More

Golden Star Files Updated Technical Report for Bogoso/Prestea Gold Mine

March 30, 2018 / dlvr.it

TORONTO, March 29, 2018 /PRNewswire/ - Golden Star Resources Ltd. (NYSE American: GSS; TSX: GSC; GSE: GSR) (Read full newsRead More

Gold Fields and Asanko Gold to Partner in a Joint Venture in Ghana at the Asanko Gold Mine

March 30, 2018 / dlvr.it

ACCRA, Ghana, March 29, 2018-- South Africa' s Gold Fields and Canada' s Asanko Gold are pleased to announce a 50:50 joint venture partnership with regards to Ghana' s newest gold mine, the Asanko Gold ...Read full newsRead More

Panel to weigh MDL treatment for Gold King Mine spill cases

March 30, 2018 / dlvr.it

A federal judicial panel on Thursday will consider creating multidistrict litigation for cases against the Environmental Protection Agency and the contractor accused of causing the 2015 Gold King Mine spill in Colorado, which fouled rivers in at least three states and the Navajo Nation.Read full newsRead More

Is This Unique Gold & Silver Mining Company Just Getting Started?

March 30, 2018 / dlvr.it

Wheaton Precious Metals Inc. (TSX:WPM)(NYSE:WPM) has a unique and exciting business model that allows it to reward investors with relatively low risk and a variable dividend.Read full newsRead More

Newmont Mining : Gold mining company kicks off voc-ed center for Cripple Creek-Victor students

March 30, 2018 / dlvr.it

March 20--View CommentsA gold mining company is donating $275,000 to help build a vocational and technical education center for Cripple Creek-Victor School District RE-1.The need is very evident,... | mars 21,2018Read full newsRead More

Rouble steady in light trade as diplomat expulsions in focus

March 30, 2018 / www.kitco.com

MOSCOW, March 30 (Reuters) - The Russian rouble was steadyand stocks posted small gains in light trade on Friday, asconcerns about tensions with the West were tempered byindications that Russia was not seeking to escalate the crisis.The rouble had added 0.1 percent to 57.21 versus the dollaras of 0720 GMT and was little changed at 70.50against the euro .The rouble has firmed 0.7 percent against th...Read More

Polish central budget posts 4.5 bln zloty surplus in Jan-Feb

March 30, 2018 / www.kitco.com

WARSAW, March 30 (Reuters) - Poland's central budget posteda surplus of 4.5 billion zlotys($1.32 billion) in the firsttwo months of 2018, the finance ministry said on Friday.The ministry said in a statement that value added tax (VAT)revenue for the period fell due to the high base from theprevious year. In February alone VAT revenue rose by 12.3percent year-on-year, the ministry said.($1 = 3.4197...Read More

Calls for gold exploration on Warwick Mountain delayed

March 30, 2018 / www.mining.com

Following a request by the Colchester County council, Nova Scotia's Department of Natural Resources delayed issuing a request for proposals for gold exploration in the Warwick Mountain area until early May.The 30,000-hectare terrain between Earltown, Tatamagouche, and Wentworth is considered to have potential for the development of multiple gold mines.But according to local publication The Chronic...Read More

Calls for gold exploration on Warwick Mountain delayed

March 30, 2018 / www.mining.com

Following a request by the Colchester County council, Nova Scotia's Department of Natural Resources delayed issuing a request for proposals for gold exploration in the Warwick Mountain area until early May.The 30,000-hectare terrain between Earltown, Tatamagouche, and Wentworth is considered to have potential for the development of multiple gold mines.But according to local publication The Chronic...Read More

China's yuan to post biggest quarterly rise against dollar in a decade

March 30, 2018 / www.kitco.com

SHANGHAI, March 30 (Reuters) - China's yuan firmed againstthe dollar on Friday and is set to post its biggest quarterlygain in a decade, as the country attracts capital inflows andU.S. trade frictions bolstered expectations of a firmer Chinesecurrency.Taking cues from a firmer mid-point set by China's centralbank, the yuan opened at 6.2870 per dollar in thespot market and was changing hands at 6.2...Read More

ADVISORY-No precious market report on March 30

March 30, 2018 / www.kitco.com

March 30 (Reuters) - There will be no precious market reporton Friday, March 30, as most markets are closed for a holiday.Reuters will resume precious metals coverage on Monday,April 2. Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither K...Read More

POLL-China funds slash equity exposure to 18-month low amid trade war fears, boost cash

March 30, 2018 / www.kitco.com

* For an accompanying table, click SHANGHAI, March 30 (Reuters) - Chinese fund managers slashedtheir suggested equity exposure for the next three months to an18-month low amid worries that the China-U.S. trade spat couldbring uncertainties to the world's second largest economy andits capital markets.They cut their suggested equity allocations to 70 percentfrom 76.3 percent a month earlier, accordi...Read More

Gold is forging its best run since 2011

March 30, 2018 / www.bloomberg.com

Gold bulls are finding 2018 offers plenty of reasons to be cheerful.Read full newsRead More

SNAPSHOT-Vietnam dong, gold and interbank rates - March 30

March 30, 2018 / www.kitco.com

HANOI - Here's a snapshot of Vietnamese dong exchange rates in the officialand unofficial markets, indicative SJC gold prices in Hanoi and interbankoffered rates at 0403 GMT. March 30USD/VND mid-point 22,458 USD/VND interbank 22,793/22,797 USD/VND unofficial 22,800/22,815 SJC gold (mln dong/tael) 36.58/36.77 Interbank offered rates Overnight0.5-1.0 1 week 0.7-1.1 1 month1.6-1.9 3 months 2.4-3.1N...Read More

BUZZ-USD/JPY in small bounce in thin holiday-affected trading

March 30, 2018 / www.kitco.com

* USD/JPY on bounce from 106.14 post-Tokyo fix low, to 106.30-35.* Volume very light post-Tokyo fix, quiet likely to continue into New York.* New York unlikely to be upbeat either, many likely out for Good Friday.* Total USD436 mln option expirations between 106.00-10 supportive for now.* Upside likely limited to 106.50 area however, early Tokyo high 106.53.* Nikkei buoyant and supportive, +1.1% a...Read More

FOREX-Dollar stalls after rally, braces for headwinds in new quarter

March 30, 2018 / www.kitco.com

* Dollar stalls as earlier peters out ahead of quarter-end* Major markets closed for holiday, currencies rangebound* Dollar index down more than 2 pct this quarter (Adds details and quotes, updates prices)By Shinichi SaoshiroTOKYO, March 30 (Reuters) - The dollar stalled against itspeers on Friday as the recovery seen earlier this week peteredout ahead of the new quarter, which could potentially b...Read More

Dow Rips Higher, Stocks Get Lift From Tech Bounce - TheStreet

March 30, 2018 / www.thestreet.com

Here Are 4 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average and S&P 500 ended the quarter lower, the first time the two indexes had a quarterly decline in nine quarters.Thursday was the first time in three sessions the major averages closed the day in positive territory.TheStreet's Kinsey Grant has all the must-know stats from the first quarter. Check out here....Read More

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