Global investors are radically underinvested in gold today. Years of relentless stock-market rallying to endless new record highs have left this classic alternative investment deeply out of favor. But this gold-demand ebb is ending. The same central banks that fueled these extreme stock markets through epic easing are reversing to massive and unprecedented tightening. As stocks roll over, gold inv...Read More

Mining Capital's Alastair Ford chats about how ongoing strength in the global economy is powering mining, with mining company share prices doing well compared to a few years ago.Two elements contributing to this are more demand for metals and how much they can sell metals for -- a weaker dollar is contributing to higher metals prices.Small gold operations in the market need to factor in how sterli...Read More

Shale companies continue to drill at a frenzied pace, adding rigs and breaking U.S. oil production levels with each passing week. Yet, the oil production is becoming increasingly geographically concentrated. Not only is the Permian basin accounting for much of the new oil production in the U.S., but a relatively small number of counties within the Permian are home to most of that action.The drilli...Read More

Lucapa Diamond Company Limited (ASX: LOM) ("Lucapa" or "the Company") and its partners, Empresa Nacional de Diamantes E.P. ("Endiama") and Rosas & Petalas, have completed the first sale for 2018 of alluvial diamonds from the Lulo Diamond Project in Angola.The sale of 4,170 carats of Lulo diamonds achieved gross proceeds of US$9.14 million (A$11.43 million), representing an exceptional average pri...Read More

Tim McCarthy, chairman of ImmuPharma PLC (LON:IMM), caught up with Proactive's Andrew Scott to run through the latest on their Phase III Lupuzor study, results of which are due by the end of this quarter, as well as adding further detail to their 'follow-up' study which will allow eligible patients to continue to receive Lupuzor for another six months.The results will be gathered as an 'extension'...Read More

George Roach, chief executive of Premier African Minerals Limited (LON:PREM), tells Proactive they've found more high-grade intersections through their latest programme of step-out drilling at the Zulu lithium deposit in Zimbabwe.Two holes, 250m east of the Main Zone, intersected multiple pegmatites with average grades of 1.17% and 1.04% lithium oxide.  Meet Anglo Asian Mining Plc, Condor Gol...Read More

RIO DE JANEIRO, Feb 2 (Reuters) - Brazilian pension fund Caixa de Previdencia dos Funcionarios do Banco do Brasil, known as Previ, is sticking to its plans for an initial public offering of power holding company Neoenergia SA, the fund's Chief Executive Officer Geitiro Genso said on Friday."We will try to list Neoenergia in a better moment," Genso said. Neoenergia canceled a planned IPO...Read More

With some profit taking on tap when gold’s 6-week rally paused for a bit last week, the GDX has been sold down to strong support at the $23 level. The major miner ETF move up from its mid-December low was stopped cold just before it could reach long-term resistance at the $25 region, when it had a strong volume intra-day reversal from this critical level on January 25th. Since then, the mine...Read More

With some profit taking on tap when gold’s 6-week rally paused fora bit last week, the GDX has been sold down to strong support at the $23 level.The major miner ETF move up from its mid-December low was stopped cold justbefore it could reach long-term resistance at the $25 region, when it had astrong volume intra-day reversal from this critical level on January 25th.Since then,the miner pric...Read More

FREETOWN, Feb 2 (Reuters) - Sierra Leone's finance minister on Friday played down a decision by the IMF to delay a disbursement because of the West African country's failure to improve revenue collection, saying the fund would return in May to discuss the programme.The IMF said on a statement on its website on Wednesday it had delayed its disbursement of the second tranche of programme financing &...Read More

BENGALURU/MUMBAI, Feb 2 (Reuters) - Demand for physical gold improved this week in India as jewellers resumed purchases after the government kept import taxes on the precious metal unchanged, while buying remained subdued in most other centres in Asia.Jewellers in India had delayed purchases earlier this week and offered gold at a discount anticipating a reduction in the tax in the country's annua...Read More

   •  A modest USD rebound prompts fresh selling.   •  Surging US bond yields offset risk-off environment.    •  Focus remains on the key US monthly jobs data. Gold traded with a mild negative bias through the mid-European session on Friday and has now eroded all the previous session's modest gains.  The precious metal stall...Read More

1 February 2018Rio Tinto and The Perth Mint are delighted to unveil the first pav?(C) set Argyle pink diamond gold coin.Known as The Jewelled Phoenix, the coin is adorned with a delicately sculptured 18ct pink gold Chinese phoenix, hand set with a total of 1.22 carats of rare pink diamonds from Rio Tinto's Argyle diamond mine in the east Kimberley region of Western Australia.Perth Mint chief execu...Read More

By Dasha Afanasieva, Pamela Barbaglia and Arno SchuetzeLONDON, Feb 2 (Reuters) - British buyout firm Bridgepoint has mandated Rothschild to sell the residential care business of Care UK, four financial sources familiar with the matter said.Private equity backers have been ubiquitous in Britain's care homes sector. Another British private equity firm Terra Firma had to write down its investment in...Read More

(Kitco News)- Theuptrend in gold prices might not be able to outlast the winter as bond yieldsare surging higher into the weekend, increasing the yellow metal’s opportunitycosts.Punxsutawney Phil saw his shadow Friday, which means six more weeks of winter. Can the gold rally last that long too? Image courtesy of Alessandro M.Friday,Punxsutawney Phil, the famous weather pontificating groundho...Read More

(Kitco News) - The uptrend in gold prices might not be able to outlast the winter as bond yields are surging higher into the weekend, increasing the yellow metal’s opportunity costs. Punxsutawney Phil saw his shadow Friday, which means six more weeks of winter. Can the gold rally last that long too? Image courtesy of Alessandro M. Friday, Punxsutawney Phil, the famous weather pontificati...Read More

MGM Resorts International (NYSE:MGM) is one of the worst S&P 500 stocks to own in February, going back 10 years. Shares of the casino stock have shed 6.87% on average during the month over that time span, finishing positive just three times. Plus, the stock has been stung by negative earnings reactions, with MGM losing 9.3% and 8.3%, respectively, in the sessions immediately following the last two...Read More

The survey by the London Bullion Market Association of analysts' predictions for the gold price this year suggest a wild ride for bullion after a fairly uneventful 2017.The LBMA, a standards setting body for the industry, says the 34 analysts polled are divided on the paths that precious metal prices will take in 2018:"Opinions differ as to the level of US real interest rates, the likely impact...Read More

(Kitco News) - Gold is expected to see a sustained rally on the back of aweakening dollar, overvalued stock markets, and heightening geo-politicaltensions, according to a report from Sucden Financial.In the near term, analysts at the international brokeragefirm said they see a modest retracement in the yellow metal to $1,320 an ouncebefore climbing higher to test resistance at $1,400 an ounce, be...Read More

LONDON, Feb 2 (Reuters) - Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.1/ SUPER THURSDAY It's "Super Thursday" for the Bank of England next week when it decides on interest rates, publishes minutes from its last meeting, and issues its quarterly Inflation Report. No move on rates is expected...Read More