Mr. Walter Coles reportsSKEENA INTERSECTS 91.56 G/T GOLD OVER 3.82 METRES AT SNIPSkeena Resources Ltd. has released additional drill results from nine holes at the company's Snip gold project located in the Golden Triangle of British Columbia.Drilling highlights: UG17-044: 12.59 grams per tonne gold over 4.70 metres; UG17-053: 58.70 g/t Au over 1.15 metres; UG17-054: 30.40 g/t Au over 1.50 metres...Read More
Mr. Walter Coles reportsSKEENA INTERSECTS 91.56 G/T GOLD OVER 3.82 METRES AT SNIPSkeena Resources Ltd. has released additional drill results from nine holes at the company's Snip gold project located in the Golden Triangle of British Columbia.Drilling highlights: UG17-044: 12.59 grams per tonne gold over 4.70 metres; UG17-053: 58.70 g/t Au over 1.15 metres; UG17-054: 30.40 g/t Au over 1.50 metres...Read More
Russia and Argentina signed Tuesday a memorandum of understanding to advance uranium exploration and production in the South American country, which already generates 5% of its electricity with three heavy-water nuclear reactors.The deal, sealed during a visit by Argentine President Mauricio Macri to Moscow, could bring up to $250 million in investments into the country's sector, according to Arg...Read More
Big mining companies, restored to health following the 2015-16 price crash, are seeking to rationalize their portfolios and acquire assets in line with heightened focus on the best quality minerals and anticipated demand for battery materials.Still, the mood remains cautious and the focus has been on smaller deals after the damage inflicted by steep commodity price falls and as uncertainty surroun...Read More
Russian miner Alrosa (MCX:ALRS), the world's top diamond producer by output, said Tuesday it had signed 67 long-term contracts for the sale of gem quality and industrial rough diamonds.Twelve of those agreements, said the miner, are with Russian companies and include three new clients - Aives, Diapur and Kristalldiam.Apart from long-term deals, Alrosa also sells rough diamonds in almost equal...Read More
Zimbabwe's new government may soon scrap a 51% requirement of local ownership for foreign investors in the diamond and platinum sectors, in an effort to re-engage international lenders, curb spending and attract investors to revive the country's battered economy.Mnangagwa's administration has already repealed the 51% indigenization law, now only restricted to platinum and diamond mining.The...Read More
Gold mining stocks lagged behind the performance in prices for the precious metal last year, but they could surpass gold's rise in 2018.Read full newsRead More
MADISON, Wis. (AP) - A Wisconsin tribe is suing the federal government in hopes of blocking a proposed gold mine in Michigan's Upper Peninsula.Aquila Resources Inc. wants to dig the so-called Back Forty mine on the Menominee River but needs a state permit to fill wetlands.The river is a key part of Wisconsin's Menominee Indians' culture. The tribe filed a federal lawsuit Monday alleging Michigan l...Read More
Few companies have been raising their dividends longer than this home improvement retail giant.Read full newsRead More
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
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
Gold mining stocks lagged behind the performance in prices for the precious metal last year, but they could surpass gold's rise in 2018.Read full newsRead More
Stocks jumped to new records on Monday, Jan. 22, after the Senate reached agreement on a deal that would end the government shutdown that began at midnight on Friday. The deal would allow thousands of furloughed federal workers to return to work and others to expect their next paychecks to arrive on time. The Senate advanced a bill reopening federal agencies through Feb. 8 after Democrats relent...Read More
Institutional investors looking for asset diversificationInflationary talk prompting search for portfolio hedgeGold Soars as Crypto Currencies PlungeInstitutional investors are showing renewed interest in gold due to the softer U.S. dollar, rising bond yields and concern about stretched asset valuations. Some big investors are seeking to diversify their portfolios and taking a hard look at gold as...Read More
Treasuries erase advance; West Texas Intermediate crude gainsDollar declines as euro, pound rise; gold edges higherBloomberg's Sahil Kapur reports on efforts to reopen the government. U.S. equity gauges closed at records as the government shutdown appeared to be on the brink of ending and investors turned their attention toward earnings. The dollar fell and Treasuries traded little changed.The S&a...Read More
Stocks turned higher Monday, Jan. 22, as investors watched for the impact of a federal government shutdown that entered its third day. The Dow Jones Industrial Average rose 0.08% to 26,093. The S&P 500 rose 0.27% and the Nasdaq rose 0.39% - both indexes recorded intraday record highs. Senate lawmakers have scheduled a vote for 12 p.m. ET on Monday with hopes of reaching a temporary...Read More
Wall Street futures drifted lower Monday, following modestly weaker sessions in Europe and Asia, as investors watched and waited for the impact of a federal government shutdown that has extended into its third day amid rising Treasury bond yields and a stabilising dollar. Early indications from U.S. Futures suggest a weaker start to trading ahead of a busy slate for corporate earnings the annual...Read More
European stocks were little changed at the start of trading Monday, while U.S. equity futures drifted into the red as investors watched for the impact of a federal government shutdown that has extended into its third day amid rising Treasury bond yields and a stabilising dollar. The Stoxx Europe 600, the regional benchmark, flitted in and out of positive territory at the opening bell, with littl...Read More
The latest news and price moves to start the Asian day on Tuesday January 23.Base metals prices on the London Metal Exchange closed in positive territory on Monday January 22 due to continued support from the weaker dollar. Read more in our live futures report.Here are how prices looked at the end of the day on Monday.Chinese ferro-silicon prices have dropped for a third week in a r...Read More
As the government shutdown enters its third day, the press is going bonkers as it attempts to concoct new doomsday scenarios that could tear down our powerful stock market melt-up.While the shutdown clock officially started late Friday, today is the first day federal agencies will close their doors. But as Uncle Sam takes a break, the noise machine has kicked into overdrive. The media is working a...Read More