(Kitco News) - After four years of belt-tightening, the mining sector opened up its purse string, allocating more funding for exploration programs, which gold companies leading the way, according to a report from S&P Global Market Intelligence.The report released Monday, during the 2018 2018 Prospectors & Developers Association of Canada (PDAC) convention, showed that Global spending on ex...Read More
Velocity Minerals Ltd. (TSX-V:VLC) ("Velocity" or the "Company") announces that it has received Inferred Resource estimates for the Rozino gold deposit ("Rozino" or the "Project"), southeast Bulgaria.Read full newsRead More
MEXICO CITY (Reuters) - The latest round of talks to revamp the North American Free Trade Agreement will conclude without a joint written statement from the United States, Canada and Mexico, like the last round, two sources with knowledge of the matter said on Monday.Canadian Foreign Minister Chrystia Freeland, Mexican Economy Minister Ildefonso Guajardo and U.S. Trade Representative Robert Lighth...Read More
Niel Pretorius, chief executive of DRDGOLD Limited, discusses with Proactive's Andrew Scott the proposed deal with Sibanye-Stillwater.Towards the end of last year DRDGOLD announced its intention to acquire some of the assets at Sibanye-Stillwater's West Rand Tailings Retreatment Project for about 38 percent of DRDGold - there's also the option for them to up their stake to just over 50% after 24 m...Read More
Golden Predator Mining Corp. (TSXV:GPY) (OTCQX:NTGSF) (the "Company" or "Golden Predator") is pleased to announce it has commenced a 4,000 m diamond drill program at its 100% owned 3 Aces Project in southeastern Yukon. The drill program will initially focus on stepping-out with wide-spaced drilling within the Central Core Area, testing continuity along favorable stratigraphic-structural contacts...Read More
(Reuters) - The U.S. government on Sunday ordered Qualcomm Inc (QCOM.O) to delay its March 6 shareholder meeting, a highly unusual request that cast doubt on Singapore-based Broadcom Ltd’s (AVGO.O) $117-billion hostile bid for its U.S. semiconductor peer.The intervention highlights growing U.S. concerns about safeguarding semiconductor technology. The Committee on Foreign Investment in the U...Read More
(Kitco News)- Advances in mineral exploration appear to be moving at abreakneck pace and mining industry leaders think 3D drilling and mapping technologyhas the potential to disrupt the mining sector.Acoustic Zoom, with its innovative ultra-high-frequency 3Ddrill hole seismic imaging technology, impressed a panel of judges atGoldcorp’s #Disruptmining event during the 2018 Prospectors & D...Read More
(Kitco News) - Advances in mineral exploration appear to be moving at a breakneck pace and mining industry leaders think 3D drilling and mapping technology has the potential to disrupt the mining sector.Acoustic Zoom, with its innovative ultra-high-frequency 3D drill hole seismic imaging technology, impressed a panel of judges at Goldcorp’s #Disruptmining event during the 2018 Prospectors &a...Read More
The "TheFuture of Gold Market in Canada (H1 2018) - Supply, Demand, MarketValue, Infrastructure and Competition in Canada Outlook to 2025" report has been added to ResearchAndMarkets.com's offering.The Future of Gold Market in Canada report is a comprehensive analytical work on Canada Gold markets. The research work strategically analyzes the Canada market, assessing the future trends, d...Read More
Interserve PLC (LON:IRV) was a late afternoon riser, up 6.3% to 58.5p after a newspaper report said a Scottish multi-millionaire is spearheading a rescue bid for troubled outsourcer.The Daily Telegraph said pub entrepreneur Alan McIntosh is the serial investor behind Emerald Investment Partners, a private equity vehicle emerging as a key player in the FTSE 250 contractor's refinancing discus...Read More
TORONTO/HOUSTON (Reuters) - Chevron Corp is exploring options including the sale of a minority stake in its Canadian liquefied natural gas (LNG) project as it pushes ahead, three people familiar with the matter told Reuters.Among the parties in talks with Chevron for a possible stake in Kitimat LNG are Petroliam Nasional Bhd [PETR.UL], or Petronas, which scrapped its own $36 billion LNG project in...Read More
The Nasdaq is surging higher today, thanks to another strong showing for healthcare stocks. Three names in particular making notable moves are Atara Biotherapeutics Inc (NASDAQ:ATRA), GTx, Inc. (NASDAQ:GTXI), and Dermira Inc (NASDAQ:DERM) Let's take a closer look at what's moving shares of ATRA, GTXI, and DERM. Jefferies Thinks Atara Can Deliver On MS DrugAtara Biotherapeutics stock is trading 9.3...Read More
U.S. considering 'material changes' to 'Volcker Rule': Fed's QuarlesBy Kitco News For Kitco NewsFollow @kitconewsnownews@kitco.com 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 Kitco Metals Inc. nor the author can guarantee such accu...Read More
FTSE 100 closes higherUS benchmarks all positiveSterling higher against Euro and US dollar FTSE 100 closed around 46 points higher at 7,115 as US shares turned positive on the back of positive data.The FTSE 250 also gained ground - up over 180 points at 19,567.On Wall Street, the Dow Jones is up over 179 points, while the S&P 500 added over 34 points, but jitters over Trump's trade...Read More
German stocks closed higher today following the results of the company's weekend election. On the flip side, shares of the iShares MSCI Italy ETF (EWI) are trading down 0.5% today at $31.36 -- on track to extend their losing streak to a fifth straight session -- after Italy's election resulted in a hung parliament. Put volume has picked up on the exchange-traded fund (ETF) amid this recent retreat...Read More
The real impact on the profits of low-grade oreRead full newsRead More
Per the latest Commitments of Traders (CoT) data, large speculators are now net short silver for the first time in more than three years, according to Schaeffer's Quantitative Analyst Chris Prybal. Perhaps that's because the malleable metal -- as measured by the iShares Silver Trust (SLV) -- just wrapped up its most bullish time of year, historically. Whatever the motive, silver futures tend to u...Read More
Gold prices finished with a loss on Monday, as pressure from a firmer U.S. dollar and gains in the stock market offset earlier haven support from jitters about a potential trade war and uncertainty for the European Union following Italy's divisive election. April gold GCJ8, +0.27% shed $3.50, or 0.3%, to settle at $1,319.90 an ounce after an earlier high near $1,329. The contract has been volatile...Read More
(Reuters) - U.S. stocks swung higher on Monday as fears of a global trade war eased following mounting pressure on President Donald Trump to hold off on his threat to impose hefty tariffs on steel and aluminum imports.The Dow was up 1 percent in early afternoon trading on Monday, after slumping 140 points at open, while all the 11 S&P sectors were higher, led by the information technology inde...Read More
Mr. Vishal Gupta reportsCALIFORNIA GOLD ANNOUNCES FURTHER POSITIVE ASSAYS FROM QUEEN SPECIMEN ZONE - INTERSECTS 29.1 M OF 1.25 G/T AU, INCLUDING 4.0 M OF 4.12 G/T AU AT ITS FREMONT GOLD PROJECT California Gold Mining Inc.has released the third set of assay results from the continuing resource drilling program at the Queen Specimen zone at its flagship Fremont project in Mariposa county, California...Read More