Recent News

Trade skeptics gain upper hand in White House as Cohn quits

March 07, 2018 / www.kitco.com

WASHINGTON (Reuters) - Economic nationalists appeared to gain the upper hand in a White House battle over trade with the resignation of Donald Trump’s top economic adviser, Gary Cohn, on Tuesday in a move that could ramp up protectionist measures that risk igniting a global trade war.Cohn did not spell out the reasons for his resignation. He had told Trump that markets would slump on a tarif...Read More

Gold slips after hitting 1-week high on trade war fears

March 07, 2018 / www.mining.com

Gold prices slipped on Wednesday on profit taking after hitting a one-week high earlier on news that a top economic advisor to the Trump administration had resigned, stoking fears of a trade war and knocking down the dollar.Market watchers said the departure of economic adviser Gary Cohn, a former Wall Street banker, would embolden protectionist forces in the U.S. administration as U.S. President...Read More

GFMS: India's gold imports plunge a quarter in Feb on subdued demand - RTRS

March 07, 2018 / www.fxstreet.com

The provisional data from precious metals consultancy GFMS and bank dealers showed that India’s gold imports dropped a quarter from a year ago to 63 tonnes last month, Reuters reports. The decline in India’s gold imports can be attributed to higher prices, which dented the demand in the world’s second largest yellow metal consumer. Key Highlights: Lower gold imports could al...Read More

Rio Tinto speeds up driverless fleet expansion in Australia

March 07, 2018 / www.mining.com

Mining giant Rio Tinto (ASX, LON, NYSE: RIO) is expanding its driverless trucks fleet in Australia by introducing 15 autonomous vehicles to a new mine in the Pilbara region.The trucks, to be deployed later this month to the West Angelas iron ore mine, are fitted out with the company's in-house autonomous haulage system (AHS), AAP reported.West Angelas, run by Rio's Robe River joint venture partne...Read More

Gold price forecast: Short-term bottom in place

March 07, 2018 / www.fxstreet.com

Trade war fears have boosted gold price as expected, confirming a short-term bottom, although only a convincing break above the key trendline resistance would allow a sustained a rally to $1,366 (Jan. 25 high) and above. Daily chart Last Thursday's long-tailed Doji candle followed by a violation of the falling top pattern (marked by descending trendline) and a rise to $1,340 yesterday s...Read More

Colossal Alaska gold project quietly winning approval

March 07, 2018 / dlvr.it

In the heart of Alaska's remote southwestern Kuskokwim Mountains, two Canadian mining companies could soon get the green light to dig a massive open-pit mine to access what they describe as one of the largest undeveloped gold deposits in the world.Read full newsRead More

Gem Diamonds on fire, finds sixth giant rock this year

March 07, 2018 / www.mining.com

Africa-focused Gem Diamonds (LON:GEMD) is having an extraordinary year so far as the small miner continues to find precious rocks bigger than 100 carats at its flagship Let??eng mine in Lesotho.On Wednesday, the England-based company said it had dug up a 152-carat, top white colour type IIa diamond, the sixth major find so far this year.In contrast, it discovered only seven diamonds bigger tha...Read More

Gem Diamonds on fire, finds sixth giant rock this year

March 07, 2018 / www.mining.com

Africa-focused Gem Diamonds (LON:GEMD) is having an extraordinary year so far as the small miner continues to find precious rocks bigger than 100 carats at its flagship Let??eng mine in Lesotho.On Wednesday, the England-based company said it had dug up a 152-carat, top white colour type IIa diamond, the sixth major find so far this year.In contrast, it discovered only seven diamonds bigger tha...Read More

Why leading investors are backing gold

March 07, 2018 / dlvr.it

Legendary investor Rick Rule, Chief Executive Officer, Sprott US Holdings, speaking ahead of his appearance at Mines and Money Asia, is positive on gold equities for 2018.Read full newsRead More

Ghana's Illegal Galamsey Gold Mining Effecting Chocolate Supply

March 07, 2018 / dlvr.it

Ghana, one of the world's biggest producers of cocoa beans, is facing a crisis around dangerous and dirty galamsey, or informal, mining-which experts warn could derail its agriculture sector.Read full newsRead More

Mining for asteroids will be the next gold rush

March 07, 2018 / dlvr.it

Forget cryptocurrency - the next big "gold rush" isn't even on Earth.Read full newsRead More

Why iRobot Corporation Could Be a Gold Mine for Growth Investors

March 07, 2018 / dlvr.it

The company behind the successful Roomba vacuum-cleaner robots could deliver huge returns if it maintains a forefront position in its industry.Read full newsRead More

Trifecta signs on for Yuge gold prospect

March 07, 2018 / dlvr.it

VANCOUVER - Trifecta Gold Ltd. signed a letter of intent to option the Yuge Property, a high-grade gold prospect in northern Nevada, from Silver Range Resources Ltd., the company announcedRead full newsRead More

Colossal Alaska gold project quietly winning approval

March 07, 2018 / dlvr.it

In the heart of Alaska's remote southwestern Kuskokwim Mountains, two Canadian mining companies could soon get the green light to dig a massive open-pit mine to access what they describe as one of the largest undeveloped gold deposits in the world.Read full newsRead More

Colossal Alaska gold project quietly winning approval

March 07, 2018 / dlvr.it

In the heart of Alaska's remote southwestern Kuskokwim Mountains, two Canadian mining companies could soon get the green light to dig a massive open-pit mine to access what they describe as one of the largest undeveloped gold deposits in the world.Read full newsRead More

This past week in gold

March 07, 2018 / www.321gold.com

Jack ChanPosted Mar 06, 2018GLD – on sell signal.***SLV – on sell signal.***GDX – on sell signal.***XGD.TO – on sell signal.***CEF – on sell signal.***GDXJ – on sell signal.***Speculation is in bull market values.Data is supportive for overall higher prices.This is a massive bottoming pattern four years in the making.SummaryLong term – on major buy signal....Read More

Stocks Rise as Trade Tensions Ease; Dollar Drops: Markets Wrap

March 07, 2018 / www.bloomberg.com

Europe proposes retaliatory tariffs on U.S.; euro advancesNorth Korea open to denuclearization; Treasuries flatAnne Lester Says JPMorgan Is 'Staying the Course' With Market StrategiesU.S. stocks rose for a third day as signs mounted that President Donald Trump may still be assessing the most severe protectionist policies. The dollar declined against peers.The S&P 500 advanced as comments by th...Read More

Dow, S&P 500 and Nasdaq Post Small Gains After Day of Choppy Trading - TheStreet

March 07, 2018 / www.thestreet.com

Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average rose 1.4% on Monday, putting an end to a losing streak of four consecutive sessions.The Dow fell 166 points at its low Tuesday, putting the index briefly in negative territory for the year.The Nasdaq was higher for a third straight day. Wall Street Overview Stocks finished slightly higher on Tuesday, March 6...Read More

SDLRC Blog: Brooke Clements highlights March 2018

March 07, 2018 / secure.kaiserresearch.com

Sheahan Diamond Literature Reference CompilationThe Sheahan Diamond Literature Reference Compilation is compiled by Patricia Sheahan who publishes on a monthly basis a list of new scientific articles related to diamonds as well as media coverage and corporate announcements called the Sheahan Diamond Literature Service that is distributed as a free pdf to a list of followers. Pat has kindly agreed...Read More

ASIAN MORNING BRIEF 07/03: Copper rebounds on LME, Comex; cobalt prices closing in on $40/lb; looking at base metals premiums across the globe

March 07, 2018 / www.metalbulletin.com

The latest news and price moves to start the Asian day on Wednesday March 7.The three-month copper contract on the London Metal Exchange rebounded to more than $7,000 per tonne for the first time this month at the 5pm close on Tuesday March 6, with the metal undergoing a short-covering rally. Read more in our live futures report.Here are how LME prices looked at Tuesday's close:Comex cop...Read More

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