The Lovelock Cobalt Mine in west-central Nevada. Source: Nevada Sunrise Gold Corp.Nevada Sunrise Gold Corp. [NEV-TSXV] said samples taken from its Lovelock Cobalt Mine property in Nevada have returned assays of up to 1.81% cobalt, 3.05% nickel, and 5.99% copper. Investors applauded the news, sending Nevada Sunrise shares up 29.4% or $0.05 to 22 cents in early afternoon trading on Thursday January...Read More
The Turkish deep-sea scrap market continued to remain quiet on Thursday January 18, with Turkish steel mills staying away due to the current high prices, sources told Metal Bulletin.Turkish steel producers were expecting to be back for more February cargoes, but they are struggling with softening rebar export values and weak demand in the country's major export markets.Suppliers in the United Stat...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Underground Drilling Starts at Vangold's (TSX: VAN) (OTC: VGLDF) El Pinguico MineVangold Completes Non-Brokered Private Placement Vancouver, British Columbia - January 18, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Vangold Mining Corp. (TSX: VAN) (O...Read More
Oyu Tolgoi has declared force majeure on copper, gold and silver concentrate shipments to customers due to a protest by Chinese coal transporters in the area of the Ganqimaodu border zone, Turquoise Hill Resources said. Safe and normal mine operations, including underground development, have been maintained and no production impact is expected, the company added. The protestors used a large number...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Minaurum (TSXV: MGG) Drills 8.25 m of 1,760 g/t (57 opt) Silver at Alamos Silver Project Vancouver, British Columbia - January 18, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Minaurum Gold, Inc. (TSXV: MGG) ("Minaurum") is pleased to announce results...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Labrador Gold (TSXV: LAB) Announces Results of Ashuanipi Exploration ProgramReconnaissance sampling highlights district scale anomalous gold; Additional 172 claims staked to cover potential extension Vancouver, British Columbia - January 18, 2018 (Newsfile...Read More
Comex copper prices recovered from a multi-week low in the US morning on Thursday January 18, with solid Chinese data and a weaker dollar providing support. Copper for March settlement on the Comex division of the New York Mercantile Exchange inched up 1.10 cents or 0.3% to $3.20 per lb. The complex is largely being supported by a weakening dollar and the release of key Chinese data today. Chinese...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Duran Ventures (TSXV: DRV) Reports Completion of First Drilling Campaign at Panteria #Copper-Gold Project in Peru Toronto, Ontario - January 18, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Duran Ventures Inc. (TSXV: DRV) ("Duran" or the "Company") is...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Commander (TSXV: CMD) and Fjordland Announce Results from Drilling at South Voisey's Bay Nickel Project, Labrador Vancouver, British Columbia - January 18, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Commander Resources Ltd. (TSXV: CMD) ("Commander")...Read More
The London Metal Exchange has appointed Robin Martin as its new head of market development, the exchange said. Robin is currently managing director for market infrastructure at the World Gold Council (WGC). He joined the organisation in November 2012. In July 2017, the LME and the WGC teamed up to launch LMEprecious which introduced...Read More
China's domestic hot-rolled coil prices recovered some losses on Thursday January 18 on gains in the futures market.Domestic Eastern China (Shanghai): 4,090-4,120 yuan ($636-640) per tonne, narrowed upward by 10 yuan per tonne Northern China (Tianjin): 3,930-3,950 yuan per tonne, up 10 yuan per tonne Sellers raised offers following the gains in the paper market and...Read More
China's ferrous futures ended morning trading little changed from their opening prices again on Thursday January 18. Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,834 ($596) per tonne, down 3 yuan per tonne May hot-rolled coil: 3,846 yuan per tonne, down 1 yuan per tonne Dalian Commodity Exchange...Read More
CloseGain/LossGold $1326.30-$2.70Silver$16.94-$0.08XAU87.57-1.74%HUI196.54-1.77%GDM662.63-1.38%JSE Gold1309.56-3.95USD90.52-0.19Euro122.41+0.30Yen90.16+0.03Oil$63.95-$0.0210-Year2.620%+0.048T-Bond149.25-1.0625Dow26017.81-0.37%Nasdaq7296.05-0.03%S&P2798.03-0.16% The Metals: Gold fell $4.80 to $1324.20 in Asia before it chopped up to $1333.00 in late morning New York trade, but it then drift...Read More
Dear Friend of GATA and Gold:Last month an official of the Federal Reserve Bank of New York celebrated a century of cooperation by central banks in secret interventions in the markets. His address was posted on the internet sites of the New York Fed and the Bank for International Settlements, but mainstream financial news organizations have yet to take note of it.The official, Simon M. Potter, e...Read More
By Craig HemkeWithin this current fractional reserve and derivative pricing system, it's sometimes easy to anticipate price rallies and slams by observing The Bullion Banks and their practice of increasing and decreasing the total open interest of contracts on the COMEX. Our most recent example of this came back in December. With price down near $1250 in COMEX gold, we anticipated a bottom and a...Read More
Money & Work Unchainedm started when Charles asked himself: "When we dream of the future of our society, are we hoping for the right things?"The current conventional-wisdom view of our soon-to-be future is rose-tinted: automation will free millions of people from the drudgery of work, then by taxing the robots doing all the work, we can pay everyone Universal Basic Income (UBI), enabling a life...Read More
As you may recall we nailed the Bitcoin top within 2 days. Here is the chart from the update of 18th December... And here is the latest chart showing what has happened since... As Bitcoin is still at a very high level historically, it is considered worthwhile for those hapless individuals (not us) who bought Bitcoin in the recent past to make a tactical switch on opportunity cost grounds into...Read More
World-renowned trends forecaster Gerald Celente joins today's Liberty Report to give us the scoop on what he is expecting on the economic and foreign policy front for 2018. War? Economic collapse? Peace? Prosperity? Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from t...Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More