(Kitco News)- Investor interest in silver could be the missing ingredient needed to push gold prices through its recent four-month highs, according to one commodity analyst.Andrew Hecht, the creator of the Hecht Commodity Report, said, in a commentary on Seeking Alpha, that silver's lackluster performance, compared to gold could be one reason why gold is struggling to break above last year's highs...Read More
The Mining Association of Nova Scotia started a public dialogue about the provincial government's Parks and Protected Areas Plan in these pages in the fall. Since then, we have issued a series of news releases, maps, videos and pictures which substantiate that the process for choosing protected areas was not perfect and has created two significant issues. (Visit tmans.ca to see the materials.)...Read More
The Mining Association of Nova Scotia started a public dialogue about the provincial government's Parks and Protected Areas Plan in these pages in the fall. Since then, we have issued a series of news releases, maps, videos and pictures which substantiate that the process for choosing protected areas was not perfect and has created two significant issues. (Visit tmans.ca to see the materials.)...Read More
* Investors appear unruffled by U.S. government shutdown* World shares up slightly; U.S. Senate to vote on funding* U.S. Treasury yields near 3-1/2-year high* Dollar slips vs euro; oil rises By David RandallNEW YORK, Jan 22 (Reuters) - World stocks and U.S. bond markets largely shrugged off a government shutdown in Washington on Monday, although the dollar pulled back and wallowed near three-year...Read More
Mr. Paul Reynolds reportsTRIUMPH GOLD REPORTS DISCOVERY OF TWO NEW GOLD SHOWINGS ON 100% OWNED ANDALUSITE PEAK PROPERTY, BRITISH COLUMBIATriumph Gold Corp. has provided the results of prospecting and geological mapping on the Andalusite Peak property.Highlights of exploration include:Discovery of two new gold-silver-copper occurrences, the Julep and the Gentleman vein (see attached table). The Jul...Read More
Mr. Paul Reynolds reportsTRIUMPH GOLD REPORTS DISCOVERY OF TWO NEW GOLD SHOWINGS ON 100% OWNED ANDALUSITE PEAK PROPERTY, BRITISH COLUMBIATriumph Gold Corp. has provided the results of prospecting and geological mapping on the Andalusite Peak property.Highlights of exploration include:Discovery of two new gold-silver-copper occurrences, the Julep and the Gentleman vein (see attached table). The Jul...Read More
Adam Waugh, chief executive of BlueRock Diamonds PLC (LON:BRD), tells Proactive's Andrew Scott they've taken their first samples from the K5 pipe at the Kareevlei diamond mine in Kimberley, South Africa.While too small a sample to make firm conclusions, Waugh says the results are encouraging and warrant further exploration.K5 is undeveloped and not included among the Kareevlei's inferred resources...Read More
* Japan, Europe central bank meetings in focus this week* U.S. government shutdown worries weigh on dollar (Updates prices and market activity to U.S. market open, changes dateline; previous LONDON)By Saqib Iqbal AhmedNEW YORK, Jan 22 (Reuters) - The euro edged higher against the U.S. dollar on Monday, as market participants awaited the outcome of the European Central Bank's meeting on Thursday fo...Read More
Mr. Eric Fier reportsSILVERCREST SUMMARIZES SUCCESSFUL 2017 AND PROVIDES OUTLOOK FOR 2018Silvercrest Metals Inc. has provideda summary of its 2017 results and 2018 outlook for its Las Chispas property located in Sonora, Mexico. N. Eric Fier, CPG, PEng, chief executive officer of Silvercrest, remarked: "Two thousand seventeen was a very successful year for Silvercrest with multiple high-grade disco...Read More
Mr. Eric Fier reportsSILVERCREST SUMMARIZES SUCCESSFUL 2017 AND PROVIDES OUTLOOK FOR 2018Silvercrest Metals Inc. has provideda summary of its 2017 results and 2018 outlook for its Las Chispas property located in Sonora, Mexico. N. Eric Fier, CPG, PEng, chief executive officer of Silvercrest, remarked: "Two thousand seventeen was a very successful year for Silvercrest with multiple high-grade disco...Read More
(Adds details on stocks and sectors throughout; updates prices)TORONTO, Jan 22 (Reuters) - Canada's main stock index fell on Monday as losses for the industrial and materials groups offset gains for financial shares.* At 10:56 a.m. EST (15:56 GMT), the Toronto Stock Exchange's S&P/TSX composite index fell 29.06 points, or 0.18 percent, to 16,324.4.* The industrials group declined 1.1 percent...Read More
Mr. George Smith reportsCALIBRE MINING RC DRILLING PROGRAM ON THE 100% OWNED PRIMAVERA GOLD-COPPER PORPHYRY DEPOSIT INTERSECTS WIDESPREAD GOLD-COPPER MINERALIZATION, NICARAGUACalibre Mining Corp. has released results of its 2017 reverse circulation drilling program on its 100-per-cent-owned Primavera gold-copper porphyry project in Nicaragua.Highlights: The 2017 RC drilling program consisted of 1...Read More
Mr. George Smith reportsCALIBRE MINING RC DRILLING PROGRAM ON THE 100% OWNED PRIMAVERA GOLD-COPPER PORPHYRY DEPOSIT INTERSECTS WIDESPREAD GOLD-COPPER MINERALIZATION, NICARAGUACalibre Mining Corp. has released results of its 2017 reverse circulation drilling program on its 100-per-cent-owned Primavera gold-copper porphyry project in Nicaragua.Highlights: The 2017 RC drilling program consisted of 1...Read More
* 10-year yields hit highest since July 2014 before stabilizing* U.S. government shutdown begins third day By Kate DuguidNEW YORK, Jan 22 (Reuters) - Benchmark Treasury yields hit their highest in more than three years on Monday, as investors largely shrugged off a U.S. government shutdown, anticipating it will not have a significant long-term impact on the world's largest economy.Both Republican...Read More
WASHINGTON, Jan 22 (Reuters) - For details of the U.S. Treasury's auction of 4-week bills on Tuesday, see: (Washington economics newsroom) Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee...Read More
Juno Therapeutics Inc (NASDAQ:JUNO) agreed to be bought out by Celgene Corporation (NASDAQ:CELG), confirming last week's reports in the Wall Street Journal. CELG already owns a 9.7% stake in JUNO, but will purchase the remainder of the company in an all-cash deal valued at roughly $9 billion, or $87 per JUNO share -- allowing it access to the Seattle-based firm's CAR-T cancer drug pipeline.At last...Read More
(Adds stocks, updates levels)JOHANNESBURG, Jan 22 (Reuters) - South African markets strengthened on Monday, driven by optimism about the prospects for change under the new leader of the ruling African National Congress (ANC).At 1513 GMT, the rand traded at 12.1100 per dollar, 0.49 percent firmer than its New York close on Friday.The ruling ANC discussed last week removing President Jacob Zuma as...Read More
A measure of national economic activity calculated at the Chicago Federal Reserve gained in December with a particular push from factories. Housing and other components in the index softened. The Chicago Fed's index of national economic activity rose to a positive 0.15 last month from a downwardly revised positive 0.11 in November, the central bank branch reported Monday. October's reading of posi...Read More
Alastair smith, chief executive of Avacta Group Plc's (LON:AVCT), tells Proactive that interest in their Affimer technology continues to grow following the announcement of another collaboration agreement - this time with OncoSec Medical Inc (NASDAQ:ONCS).OncoSec has developed a gene delivery technology called ImmunoPulse which it wants to use to deliver Affimers - including Avacta's PD-L1 inhibito...Read More
(Kitco News)- For the fifth consecutive week,hedge funds continue to buy gold in a weak U.S. dollar environment.However, while there issubstantial bullish sentiment within the gold market, analysts are warning thatmomentum could be fading as bearish positions start to build.“There is underlying demand inthe gold market that is visible but the speed at which speculative longpositions have bui...Read More