Recent News

Alio Gold Sees Higher Output At San Francisco Mine

January 30, 2018 / www.kitco.com

Alio Gold Inc.(TSX, NYSE AMERICAN: ALO)says 2018 production at the San Francisco Mine in Mexico is forecast toincrease to between 90,000 and 100,000 ounces. All-in sustaining costs areprojected at between $1,000 and $1,100 per ounce, and capital and mine siteexploration spending is pegged at between $2.5 and $3 million “After aturnaround year in 2017, we are expecting the San Francisco Mine...Read More

FOREX-Dollar reverses gains as bond yields soften

January 30, 2018 / www.kitco.com

* Graphic: World FX rates in 2017 By Saikat Chatterjee and Tommy WilkesLONDON, Jan 30 (Reuters) - The dollar reversed earlier gains and fell a quarter of a percent on Tuesday after U.S. yields pulled back from recent highs while the euro strengthened after economic data confirmed the euro zone economy is growing at a healthy clip.The greenback is set for its biggest monthly decline since July 2017...Read More

Equities, Dollar, Oil And Gold Under pressure

January 30, 2018 / www.kitco.com

Markets are under pressure -- theequities, dollar, oil and gold are all struggling at these lofty levels.Equities are as overbought as they have been in history, based on the RSI. On aweekly and monthly basis, the RSI has never been higher. This is the firstmarket I can remember which only goes up and hasn't had two-way trade. Even thefamous bubbles of the 1990s and 2008 went up and down.Gold and...Read More

Skeena Resources drills 1.5 m of 44.1 g/t Au at Snip

January 30, 2018 / www.stockwatch.com

Mr. Walt Coles reportsSKEENA INTERSECTS 44.10 G/T GOLD OVER 1.50 METRES AT SNIPSkeena Resources Ltd. has released results from the final 12 holes of the 62-hole diamond drill program completed at the company's Snip gold project located in the Golden Triangle of British Columbia.Drilling highlights: 10.02 grams per tonne gold over 4.15 metres (UG17-049); 9.21 g/t Au over 5.88 m (UG17-050);44.10 g/...Read More

Skeena Resources drills 1.5 m of 44.1 g/t Au at Snip

January 30, 2018 / www.stockwatch.com

Mr. Walt Coles reportsSKEENA INTERSECTS 44.10 G/T GOLD OVER 1.50 METRES AT SNIPSkeena Resources Ltd. has released results from the final 12 holes of the 62-hole diamond drill program completed at the company's Snip gold project located in the Golden Triangle of British Columbia.Drilling highlights: 10.02 grams per tonne gold over 4.15 metres (UG17-049); 9.21 g/t Au over 5.88 m (UG17-050);44.10 g/...Read More

Wood Mackenzie cuts iron ore price outlook as markets fall again

January 30, 2018 / www.mining.com

Despite beginning the year in good shape, the global iron ore industry is starting to experience a fresh drop in prices that has analysts trying to decide whether this is the start of a deeper downtrend or a pull-back.According to the Metal Bulletin, the price for benchmark 62% fines slipped Tuesday below $73 per tonne, down $1.36 per tonne month-to-date average.Chinese iron ore futures ticked hi...Read More

Venzee to Ring the Bell at TSX Venture Exchange

January 30, 2018 / kincommunications.com

On January 30th, 2018, Kate Hiscox, President of Venzee Technologies Inc. (TSX-V: VENZ), Marc Sylvestre, CTO and the Venzee team will be present at the Toronto Stock Exchange to open the day's trading session.Kate Hiscox, President of Venzee Technologies, commented, "We are thrilled to be opening the bell at the Toronto Stock Exchange, and sharing it with those who have supported our growth....Read More

Rio Tinto autonomous trucks now hauling a quarter of Pilbara material

January 30, 2018 / www.mining.com

Mining giant Rio Tinto's (ASX, LON, NYSE: RIO) driverless trucks fleet has achieved a major milestone as it moved its one-billionth tonne of material in Western Australia's Pilbara region last month, the company said.The figure corresponds to roughly 25% of both ore and waste material hauled last year across the company's five sites in the Pilbara region, including the newly commissioned Silvergra...Read More

In reversal, EPA deals setback to controversial gold mining proposal in Alaska

January 30, 2018 / dlvr.it

Scott Pruitt's decision maintains the Obama-era stance that the operation could harm world's largest sockeye salmon fishery.Read full newsRead More

Africa's newest gold miner starts output and sees potential IPO

January 30, 2018 / dlvr.it

Toro Gold became Africa's newest gold producer last week after delivering first batch of bullion; firm is now weighing possibility of selling shares in 2018.Read full newsRead More

Gold mine yes but watch out for the pitfalls: ecologist

January 30, 2018 / dlvr.it

Santo Domingo. -Prominent ecologist Luis Carvajal, on Mon. warned that gold mining in the San Juan province (west) couldRead full newsRead More

AMD earnings: Mining for crypto gold, more Spectre details

January 30, 2018 / dlvr.it

When Advanced Micro Devices Inc. reports earnings, investors will look at the results for clues about how cryptocurrency mining is figuring into sales and the forecast for indications about the effects of chip-design flaws.Read full newsRead More

SG Mining Announces ICO Crowdsale For Blockchain Based Gold Mining Business in Sudan

January 30, 2018 / dlvr.it

DUBAI, UAE / ACCESSWIRE / January 17, 2018 / Sudan Gold Coin (SGC Token), is among few Cryptocurrency that is backed by real physical assets. It is a unique combination of Real Gold Mining with Blockchain ...Read full newsRead More

Atlantic Gold - New Life of Mine plan at MRC boosts gold production above 200,000 ozs

January 30, 2018 / dlvr.it

Maintains industry lowest quartile AISC over new Life of Mine at CAD$692 / oz. Au (USD$555 / oz. Au)Canadian dollars unless otherwise notedVANCOUVER, Jan. 2...Read full newsRead More

In reversal, U.S. EPA maintains restriction on Alaska mine project

January 30, 2018 / dlvr.it

(This version of the Jan. 26 story corrects headline, first, third and fifth paragraphs to show the EPA has maintained restrictions and not halted project approval process.)Read full newsRead More

Gold mining, the movies and the story behind 'the most Instagrammed greenhouse in the world'

January 30, 2018 / dlvr.it

“This must be the most Instagrammed greenhouse in the world”, Clark Moorten, the 74-year-old owner of Moorten Botanical Garden says, leading me to a rather ramshackle structure with the sign:Read full newsRead More

In reversal, EPA deals setback to controversial gold mining proposal in Alaska

January 30, 2018 / dlvr.it

Scott Pruitt's decision maintains the Obama-era stance that the operation could harm world's largest sockeye salmon fishery.Read full newsRead More

Analysis: Zinc price sees further upward room

January 30, 2018 / news.metal.com

SHANGHAI, Jan 30 (SMM) – As the SHFE 1803 zinc contract refreshed its 10-year high and touched 27,235 yuan/mt on Monday January 29, SMM believes new highs may continue to be made.Such strong momentum can be attributed to stronger Chinese yuan, declining inventory, and more fund liquidity.With LME zinc inventory coming down to below the 180,000 mt level and a spot premium of over $20/mt, more...Read More

In reversal, EPA deals setback to controversial gold mining proposal in Alaska

January 30, 2018 / dlvr.it

Scott Pruitt's decision maintains the Obama-era stance that the operation could harm world's largest sockeye salmon fishery.Read full newsRead More

U.S. Consumer Spending Rose in December, Saving Rate Dipped

January 30, 2018 / www.bloomberg.com

U.S. December Inflation-Adjusted Consumer Spending RisesU.S. consumer spending rose at a solid pace in December after an upwardly revised advance a month earlier as shoppers splurged during the holiday season. While incomes also rose, the saving rate fell to a fresh 12-year low.Purchases, which account for about 70 percent of the economy, climbed 0.4 percent after a revised 0.8 percent advance, Co...Read More

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