LONDON (Reuters) - Oil prices edged lower toward $64 per barrel on Monday on predictions of a major spike in U.S. oil output in the next five years.International benchmark Brent crude LCOc1 was down 8 cents, having shelved morning gains of around 0.6 percent, at $64.29 a barrel by 1237 GMT. The contract was well below this year’s highs of over $71 per barrel that it hit in January.U.S. West...Read More
Bob Vale, chief executive of ClearStar Inc. (LON:CLSU) tells Proactive Investors they've become one of the first to achieve automatic integration of background checking into recruitment processes.ClearStar's new automated integration solution will allow recruiters to select a stage in the recruitment process at which a background check will auto-initiate without the need for human intervention. &n...Read More
Editor's Note: Gold and silver has been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.Equiti...Read More
INTLFCStone looks for a stronger U.S. dollar and higher bond yields to weigh ongold during March. Barring a trade war, analysts doubt traders will want toestablish bearish positions in the greenback ahead of a Federal Open MarketCommittee meeting around the middle of the month. Further, U.S. bond yieldsremain high, while other central banks appear reluctant to tighten monetarypolicy, INTL FCStone...Read More
INTL FCStone looks for a stronger U.S. dollar and higher bond yields to weigh on gold during March. Barring a trade war, analysts doubt traders will want to establish bearish positions in the greenback ahead of a Federal Open Market Committee meeting around the middle of the month. Further, U.S. bond yields remain high, while other central banks appear reluctant to tighten monetary policy, INTL FC...Read More
ROME (Reuters) - Italy’s euroskeptic League claimed the right to lead a new government on Monday, telling investors they should have no fear of it taking office after an inconclusive election gave its center-right alliance the largest bloc of votes.The country faces a prolonged period of political instability after voters delivered a hung parliament on Sunday, spurning traditional parties an...Read More
LONDON (Reuters) - The euro edged up from the day’s lows but remained weaker on Monday as an inconclusive election in Italy pointed to prolonged political uncertainty after right-wing and eurosceptic parties did better than expected.Italy’s election verdict and the subsequent brief sell-off in currency and bond markets showed that political risks in the eurozone were back on investors&...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
Gold bugs have been a laughing stock for 7 years, but not for much longer.Inflation is rising, and when it breaks through 4%, that'll be the end game for the dollar.Interest rates would have to be 6% or higher to quell 4% inflation, which would bankrupt the federal government.Instead, the Fed will choose runaway inflation, and gold will go ballistic, reminiscent of the 1978-1980 bull market.It...Read More
TORONTO (Reuters) - Lundin Gold Inc has a hearty appetite for growth even as the Canadian miner focuses on building its first mine in Ecuador on time and budget, Chief Executive Ron Hochstein said on Sunday.“We want to grow to be an at least 1-million-ounce-a-year producer with three to four operations,” Hochstein said in an interview with Reuters at the Prospectors and Developers Asso...Read More
Editor's Note: Gold and silver has been, at best, a frustrating trade. Exclusive to Kitco News, expert trader, Todd "Bubba" Horwitz, chief market strategist and founder of 'Bubba Trading provides a strategy investors can use in a range-bound gold price environment. Sign up before March 10 for the Kitco News Weekly Rundown newsletter to receive Horwitz's exclusive report and trading strategy.Equiti...Read More
Tampere, Finland: 5 March 2018 - OptiMine (R), a modular set of digital tools from Sandvik delivering transparency and control to your underground mining operations, is evolving with a new performance-enhancing data analytics solution. OptiMine (R) Analytics is the next generation of OptiMine (R), transforming data into process improvements via predictive insights and actionable dashboards embedde...Read More
West Africa-focused Stellar Diamonds (LON:STEL) posted Monday a deeper first-half loss due to an increase in costs of developing its Tongo-Tonguma project in eastern Sierra Leone.Delivering interim results for the six months to Dec. 31, chief executive Karl Smithson said market conditions for junior miners attempting to raise funds remained "extremely difficult."The executive noted the company, wh...Read More
West Africa-focused Stellar Diamonds (LON:STEL) posted Monday a deeper first-half loss due to an increase in costs of developing its Tongo-Tonguma project in eastern Sierra Leone.Delivering interim results for the six months to Dec. 31, chief executive Karl Smithson said market conditions for junior miners attempting to raise funds remained "extremely difficult."The executive noted the company, wh...Read More
Forget cryptocurrency - the next big "gold rush" isn't even on Earth.Read full newsRead More
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
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
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
Forget cryptocurrency - the next big "gold rush" isn't even on Earth.Read full newsRead More
Explore the leading publication for the global mining industry: Mining Journal provides an in depth analysis of the mining sector outlook and the latest developments.Read full newsRead More