Recent News

#Dollar Dumps Below Key Level - Worst Start To A Year Since 2003 | Zero Hedge

January 24, 2018 / www.zerohedge.com

For the first time since December 2014, the Dollar Index has tumbled below 90.00 tonight as the greenback-bloodbath continues in early Asian FX trading...amid US trade policy concerns.Read full newsRead More

Jan 24 UEX Corporation (UEX,TSX) : Sorensen Exercises Warrants

January 24, 2018 / www.marketwired.com

VANCOUVER, BC--(Marketwired - January 24, 2018) - UEX Corporation (TSX: UEX) ("UEX" or the "Company") is pleased to announce that Mr. Stephen Sorensen, a long-time UEX shareholder and the Company's founding and former President and CEO, has exercised warrants to become UEX's third largest shareholder. UEX also announces that a large institutional shareholder has also exercised warrants for UEX com...Read More

RT @AlexMiningGuy: Are we on the cusp of a major rally in commodity prices?

January 24, 2018 / www.afr.com

Commodity prices are at lows only previously seen in the early 1970s, and at the peak of the dotcom bubble in the late 1990s. Commodity markets staged huge rallies after both these lows.Read full newsRead More

Barrick grabs stake in Royal Road Minerals in $1.3 million deal

January 24, 2018 / www.mining.com

Barrick Gold (TSX, NYSE:ABX), the world's top bullion producer by volume, has agreed to buy a 12.5% stake in fellow Canadian miner Royal Road Minerals (TSX-V:RYR) in a shares-deal worth about Cdn$1.6 million (roughly $1.3 million at today's rates).The transaction will see Barrick acquire 9,875,876 ordinary shares of Royal Road in a non-brokered private placement at a price of $0.16 per unit for t...Read More

Barrick grabs stake in Royal Road Minerals in $1.3 million deal

January 24, 2018 / www.mining.com

Barrick Gold (TSX, NYSE:ABX), the world's top bullion producer by volume, has agreed to buy a 12.5% stake in fellow Canadian miner Royal Road Minerals (TSX-V:RYR) in a shares-deal worth about Cdn$1.6 million (roughly $1.3 million at today's rates).The transaction will see Barrick acquire 9,875,876 ordinary shares of Royal Road in a non-brokered private placement at a price of $0.16 per unit for t...Read More

Barrick grabs stake in Royal Road Minerals in $1.3 million deal

January 24, 2018 / www.mining.com

Barrick Gold (TSX, NYSE:ABX), the world's top bullion producer by volume, has agreed to buy a 12.5% stake in fellow Canadian miner Royal Road Minerals (TSX-V:RYR) in a shares-deal worth about Cdn$1.6 million (roughly $1.3 million at today's rates).The transaction will see Barrick acquire 9,875,876 ordinary shares of Royal Road in a non-brokered private placement at a price of $0.16 per unit for t...Read More

The pope is visiting a Peruvian town 'absolutely destroying itself' for gold

January 24, 2018 / dlvr.it

Pope Francis visited Peru's famous Madre de Dios region on Friday. While many hoped he would address the region's rampant illegal gold mining, others are wary of the papal message.Read full newsRead More

PJX wants to buy another gold mine in B.C.

January 24, 2018 / dlvr.it

The Toronto-based miner wants to buy the Gold Shear property, southwest of Cranbrook, British Columbia.Read full newsRead More

Why Home Depot, Inc. Could Be a Gold Mine for Income Investors

January 24, 2018 / dlvr.it

It might be time to renovate your portfolio with this dividend-growth home-improvement juggernaut.Read full newsRead More

Leather Industry is Nigeria's Next Gold Mine, Says Minister

January 24, 2018 / dlvr.it

By Mohammed Aminu in Sokoto The Minister of Science and Technology, Dr. Ogbonnaya Onu, Tuesday said the leather industry is the nation's next gold mine and holds the key to industrial growth,...Read full newsRead More

Anaconda Sitting On A Gold Mine

January 24, 2018 / dlvr.it

Commodities Analysis by The Gold Reportcovering: XAU/USD, Gold Futures, Copper Futures, Anaconda Mining Inc. Read The Gold Report 's latest article on Investing.comRead full newsRead More

ASIAN MORNING BRIEF 24/01: Copper prices tumble on LME; series of put options signal surge in LME copper deliveries; US aluminium 232 report delivered

January 24, 2018 / www.metalbulletin.com

The latest news and price moves to start the Asian day on Wednesday January 24.The three-month copper contract on the London Metal Exchange plummeted by more than 2% at the close on Tuesday January 23 after on-warrant stocks hit their highest level since October 20, 2017. Read more in our live futures report.Here are how prices looked at the end of the day on Tuesday.A series of put...Read More

Pot Alert: From the Desk of Ray Blanco...

January 24, 2018 / dailyreckoning.com

A big swing state is gearing up for legalized pot sales in the next couple of months.It could quickly become one of the biggest markets for marijuana nationwide.But first let's take a look at the cannabis cash cow up north.Canadian Pot Stocks on Major RipEveryone’s gearing up for July 2018 in Canada.That's when the Canadian government expects to have legislation in place fully legalizing rec...Read More

How to Profit from Biotech Buyout Bait

January 24, 2018 / dailyreckoning.com

More all-time highs are in the books for the major averages as a temporary fix to the government shutdown come through and earnings season starts off hot...But the real action is in happening in biotech stocks. A couple of big buyouts paved the way for some impressive biotech gains to kick off the new trading week.First up, Celgene Corp. (NADSAQ:CELG) plunked down $9 billion to acquire Juno Therap...Read More

Higgins interviewed by Grand Rapids Press about PFAS-contaminated drinking water

January 24, 2018 / www.minesnewsroom.com

Christopher Higgins, associate professor of civil and environment engineering at Colorado School of Mines, was recently featured in a Grand Rapids Press/MLive.com article about a Michigan town whose drinking water may have been contaminated with poly- and perfluoroalkyl substances (PFAS). Higgins co-authored a 2014 study on the ability of conventional water treatment plants to filter out PFAS,...Read More

Gold ETF Assets Climb to Highest Since 2013

January 24, 2018 / www.bloomberg.com

Exchange-traded funds backed by bullion reach 2,250 tonsGold extends gains after posting the best year since 2010Gold Soars as Crypto Currencies PlungeInvestors are piling into exchange-traded funds backed by gold, pushing assets to the highest in more than four years.Holdings climbed to 2,250 tons on Monday, the highest since May 2013, according to data compiled by Bloomberg. The rise in ETFs com...Read More

Bitcoin And Gold: An Inverse Relationship

January 24, 2018 / seekingalpha.com

There appears to an inverse relationship between Bitcoin and gold: one moves up, the other moves down; one moves down, the other moves up.Based on Elliott Wave analysis, Bitcoin appears to have made a new low and is poised for a move up in the coming week.The Bitcoin Investment Trust is a margin-free instrument that is traded on the OTC and allows traders with a set strategy to take advantage of B...Read More

Gold Market Mulling Blockchain for $200 Billion of Supply

January 24, 2018 / www.bloomberg.com

Tech may prevent spread of conflict minerals, money launderingBullion joins commodities from oil to tomatoes in ledger pushGold Soars as Crypto Currencies PlungeGold is going digital.Blockchain technology may help keep track of the roughly $200 billion of the precious metal dug from remote mines, traded by middlemen and melted down by recyclers that’s sold each year to buyers scattered arou...Read More

Gold Edges Higher as Dollar Wallows Near 3-Year Lows

January 24, 2018 / www.investing.com

Investing.com - Gold prices edged higher on Tuesday, supported by a weaker U.S. dollar languishing near three-year lows after U.S. lawmakers reached a deal to end a government shutdown.Comex gold futures were at $1,336.10 a troy ounce by 3:15AM ET (0815GMT), up around $4.00, or 0.3%, from the last session's closing price.Meanwhile, silver futures tacked on 5.0 cents, or 0.3%, to $17.04 a troy ounc...Read More

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