Tahoe Resources Inc.  (TSX: THO; NYSE: TAHO), which has been dealing with a shutdown of the giant Escobal silver mine in Guatemala over a mining-license issue, posted a loss in the fourth quarter of $18 million, or 6 cents per share. This compares to 0.3 million, or nil, in the same period a year ago. The adjusted loss was $17.7 million, a turnaround from an $18.4 million profit a year ago. F...Read More

Rusty Hutson, chief executive of Diversified Gas & Oil plc (LON:DGOC), tells Proactive they've negotiated a new US$500mln debt facility at less than half the cost of their previous arrangement.The five-year senior secured revolving credit facility has been led by Key Bank and will carry an interest rate of Libor + 2.5%-3.25% compared to Libor +8.5% currently.  Meet Scancell Holdings Plc,...Read More

   •  Reviving USD demand prompts some fresh selling.   •  Risk-on mood adds to the downward pressure.    •  On track for its third weekly decline in the previous four. Gold came under some renewed selling pressure on Friday and has now eroded a major part of previous session's goodish recovery move from over one week tops. ...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

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

A 20-year friendship that helped turn Dan Gertler into a billionaire has left the Israeli businessman with a lot fewer places to go.The U.S. government accused Gertler of corrupt mining and oil deals in the Democratic Republic of Congo and said he acted as a middle-man to enrich his longtime buddy, President Joseph Kabila. The two have been close since Gertler arrived as a young diamond merchant...Read More

A 20-year friendship that helped turn Dan Gertler into a billionaire has left the Israeli businessman with a lot fewer places to go.The U.S. government accused Gertler of corrupt mining and oil deals in the Democratic Republic of Congo and said he acted as a middle-man to enrich his longtime buddy, President Joseph Kabila. The two have been close since Gertler arrived as a young diamond merchant...Read More

JOHANNESBURG, Feb 23 (Reuters) - More than 500 workers will embark on a strike on Monday at Koornfontein Mine, which is owned by the Gupta family, over concerns of nonpayment of salaries, South Africa's National Union of Mineworkers (NUM) said on Friday. Workers this week downed tools at Optimum Coal, another Gupta-owned mine, concerned over the non payment of their salaries. India's Bank of Barod...Read More

* Euro stocks flat, MSCI world sees 3rd weekly fall in last 4* Dollar higher vs majors, DXY up 1 percent for the week* Seventh weekly rise in U.S. yields in last eight* Gold heading for biggest weekly drop since December* Russia waits on S&P investment grade rating decision By Marc JonesLONDON, Feb 23 (Reuters) - A stronger dollar and slightly higher global borrowing costs kept world shares s...Read More

BERLIN, Feb 23 (Reuters) - A group of high-ranking experts will next week discuss the possibility of introducing regulation of crypto-currencies, European Commission Vice-President Valdis Dombrovskis said on Friday.Speaking during a visit to Berlin, Dombrovskis also said he did not see any threat to Latvia's creditworthiness in view of a probe into whether its central bank chief accepted a bribe,...Read More

* Premiums in India slip to $2/oz as local rates near 15-mth highs* Muted activity in other major Asian regions due to holidays By Rajendra Jadhav and Nithin ThomasPrasadBENGALURU/MUMBAI, Feb 23 (Reuters) - High local prices hit physical gold demand in India this week while activity in most other Asian centres remained subdued due to the Lunar New Year holiday.In India, the second biggest consume...Read More

Gold-Silver ratio has reached a key historic resistance level.Silver price moving averages are pointing to a price breakout.The current silver bear market is now stretching past historic timelines.Dollar weakness and inflation are pointing to an upside breakout in gold and silver, and silver's volatile nature will likely drive it hard and fast to the upside when it finally moves.Photo Credit F...Read More

ULAANBAATAR, Feb 23 (Reuters) - Mongolia's giant Oyu Tolgoi copper-gold mine in the Gobi desert will weigh alternative options in order to guarantee electricity supply over the coming years, it said on Friday, after casting doubt on state plans to build a new power plant in the region.Oyu Tolgoi, which is run by Anglo-Australian mining giant Rio Tinto, is under pressure to procure power from domes...Read More

The City of Vancouver released a heat map Thursday showing the distribution of residential properties where owners haven't yet made a declaration to avoid its new empty-homes tax, and the hig...Read full newsRead More

Hochschild Mining is to ramp up its hunt for gold as it steps up spending on exploration in three different countries and signals its renewed interest in acquisitions.Read full newsRead More

* German Social Democrats poll, Italian elections key event risks* Long euro positions swell to largest on record* Graphic: World FX rates in 2018 By Saikat ChatterjeeLONDON, Feb 23 (Reuters) - The euro slipped on Friday and is set to post its second biggest weekly loss in nearly four months as investors trim positions before a big week for global currency markets from a European politics perspect...Read More

Mining giant Rio Tinto (LON, ASX:RIO) will seek approval to build a power plant at its giant Oyu Tolgoi copper and gold mine in Mongolia and so comply with a 2009 investment agreement that calls for local suppliers to power the operation.The move, however, would add further costs to an ongoing $5.3 billion underground expansion of the mine, said Oyu Tolgoi LLC, Mongolia's largest copper and gold...Read More

Mining giant Rio Tinto (LON, ASX:RIO) will seek approval to build a power plant at its giant Oyu Tolgoi copper and gold mine in Mongolia and so comply with a 2009 investment agreement that calls for local suppliers to power the operation.The move, however, would add further costs to an ongoing $5.3 billion underground expansion of the mine, said Oyu Tolgoi LLC, Mongolia's largest copper and gold...Read More

Mining giant Rio Tinto (LON, ASX:RIO) will seek approval to build a power plant at its giant Oyu Tolgoi copper and gold mine in Mongolia and so comply with a 2009 investment agreement that calls for local suppliers to power the operation.The move, however, would add further costs to an ongoing $5.3 billion underground expansion of the mine, said Oyu Tolgoi LLC, Mongolia's largest copper and gold...Read More

Mining giant Rio Tinto (LON, ASX:RIO) will seek approval to build a power plant at its giant Oyu Tolgoi copper and gold mine in Mongolia and so comply with a 2009 investment agreement that calls for local suppliers to power the operation.The move, however, would add further costs to an ongoing $5.3 billion underground expansion of the mine, said Oyu Tolgoi LLC, Mongolia's largest copper and gold...Read More