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
Equities had what's known in thebusiness as a rip-your-face-off rally Monday, exploding almost 500 points. Therally was no surprise; six ugly days in a row usually leads to a viciousshort-covering rally. That's exactly what we got -- a short squeeze in a marketthat has topped.Gold also had a nice rally onMonday, not as powerful as equities but certainly based on the sameshort-covering set-up. Afte...Read More
ELKO, Nev., Feb. 13, 2018 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) today announced completion of the Fall 2017 drilling program and receipt of all certified assay results. The primary purpose of this scout hole program was to obtain more information about important host rock characteristics including, presence, distribution, depth, and the hydrothermal system presence and alteration eff...Read More
ELKO, Nev., Feb. 13, 2018 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) today announced completion of the Fall 2017 drilling program and receipt of all certified assay results. The primary purpose of this scout hole program was to obtain more information about important host rock characteristics including, presence, distribution, depth, and the hydrothermal system presence and alteration eff...Read More
* Yen up 1.1 pct on day* Euro rises for 2nd day after falls last week* Dollar retreats after best week since 2016* Rand up after ANC decides to remove Zuma* Graphic: World FX rates in 2018 By Tommy WilkesLONDON, Feb 13 (Reuters) - The Japanese yen rose to a five-month high on Tuesday on the back of broad-based selling of the dollar and speculation the Bank of Japan could be close to dialling back...Read More
Mr. David Wolfin reportsAVINO PROVIDES 2017 YEAR END SUMMARY AND OUTLOOK FOR 2018Avino Silver & Gold Mines Ltd. has provided the following 2017 year-end summary and outlook for 2018 for the Avino and San Gonzalo mines and the Bralorne gold mine. Avino and San Gonzalo mines 2017 production highlights: Silver equivalent production -- 2,700,585 ounces (1); Silver production -- 1,394,203 ounces;...Read More
Mr. David Wolfin reportsAVINO PROVIDES 2017 YEAR END SUMMARY AND OUTLOOK FOR 2018Avino Silver & Gold Mines Ltd. has provided the following 2017 year-end summary and outlook for 2018 for the Avino and San Gonzalo mines and the Bralorne gold mine. Avino and San Gonzalo mines 2017 production highlights: Silver equivalent production -- 2,700,585 ounces (1); Silver production -- 1,394,203 ounces;...Read More
Shares in Seabridge Gold (TSX:SEA) (NYSE:SA) were soaring in pre-market trade in New York after the Canadian company bulked up again its already massive KSM gold-copper-silver project in northern British Columbia in both size and grade.Before the opening, Seabridge stock was already exchanging hands at $10.40, up 4.8% on the New York Stock Exchange, after hiking its estimated inferred gold and c...Read More
Shares in Seabridge Gold (TSX:SEA) (NYSE:SA) were soaring in pre-market trade in New York after the Canadian company bulked up again its already massive KSM gold-copper-silver project in northern British Columbia in both size and grade.Before the opening, Seabridge stock was already exchanging hands at $10.40, up 4.8% on the New York Stock Exchange, after hiking its estimated inferred gold and c...Read More
Shares in Seabridge Gold (TSX:SEA) (NYSE:SA) were soaring in pre-market trade in New York after the Canadian company bulked up again its already massive KSM gold-copper-silver project in northern British Columbia in both size and grade.Before the opening, Seabridge stock was already exchanging hands at $10.40, up 4.8% on the New York Stock Exchange, after hiking its estimated inferred gold and c...Read More
Shares in Seabridge Gold (TSX:SEA) (NYSE:SA) were soaring in pre-market trade in New York after the Canadian company bulked up again its already massive KSM gold-copper-silver project in northern British Columbia in both size and grade.Before the opening, Seabridge stock was already exchanging hands at $10.40, up 4.8% on the New York Stock Exchange, after hiking its estimated inferred gold and c...Read More
Currently, gold (XAU/USD) is trading at $1327, having left higher low along the upward sloping 50-day MA last week. The metal is up 1.52 percent from last week's low of $1307.05, but bull market revival is still not confirmed, indicates technical chart. 4-hour chart The above chart shows- The metal has been trapped in a rising channel and has tested the head and shoulders neckline (now...Read More
Mining giant BHP (ASX, NYSE:BHP) (LON:BLT) is taking a $1.8 billion hit from the major US tax reform package supported by President Donald Trump and passed by the Senate in DecemberThe Anglo-Australian miner said the charge, which will be treated as an exceptional item, consists mainly of a non-cash charge on deferred taxes of $898 million and another charge on foreign tax credits of $834 million...Read More
Mining giant BHP (ASX, NYSE:BHP) (LON:BLT) is taking a $1.8 billion hit from the major US tax reform package supported by President Donald Trump and passed by the Senate in DecemberThe Anglo-Australian miner said the charge, which will be treated as an exceptional item, consists mainly of a non-cash charge on deferred taxes of $898 million and another charge on foreign tax credits of $834 million...Read More
Mining giant BHP (ASX, NYSE:BHP) (LON:BLT) is taking a $1.8 billion hit from the major US tax reform package supported by President Donald Trump and passed by the Senate in DecemberThe Anglo-Australian miner said the charge, which will be treated as an exceptional item, consists mainly of a non-cash charge on deferred taxes of $898 million and another charge on foreign tax credits of $834 million...Read More
Rio Tinto (LON:RIO) has become the sole owner of Pistol Bay Mining's. (TSX-V: PST) uranium assets in the Athabasca Basin of Saskatchewan, Canada, by making a final payment of $1 million in cash.With the acquisition, the world's second largest miner is materializing plans of grabbing those three assets, which are located close to Cameco's McArthur River mine - the world's largest producing uraniu...Read More
Rio Tinto (LON:RIO) has become the sole owner of Pistol Bay Mining's. (TSX-V: PST) uranium assets in the Athabasca Basin of Saskatchewan, Canada, by making a final payment of $1 million in cash.With the acquisition, the world's second largest miner is materializing plans of grabbing those three assets, which are located close to Cameco's McArthur River mine - the world's largest producing uraniu...Read More
Rio Tinto (LON:RIO) has become the sole owner of Pistol Bay Mining's. (TSX-V: PST) uranium assets in the Athabasca Basin of Saskatchewan, Canada, by making a final payment of $1 million in cash.With the acquisition, the world's second largest miner is materializing plans of grabbing those three assets, which are located close to Cameco's McArthur River mine - the world's largest producing uraniu...Read More
* Euro rises for 2nd day after falls last week* Dollar retreats after best week since 2016* Yen hits five-month high, up 0.9 pct on day* Rand edges up with Zuma closer to exit* Graphic: World FX rates in 2018 By Tommy WilkesLONDON, Feb 13 (Reuters) - The euro gained on Tuesday as gains in global equity markets encouraged traders to sell the dollar and tiptoe back into riskier assets.The dollar was...Read More
DUBAI, Feb 13 (Reuters) - Gold trader Regal RA DMCC has become the first company in the Middle East to be awarded a licence by the Dubai Multi Commodities Centre (DMCC) to trade in cryptocurrencies.The licence allows the company to store bitcoin, ethereum and other alternatives to the best-known digital currencies in a vault located in the headquarters of the commodities free zone, DMCC said in a...Read More