KIEV, Jan 16 (Reuters) - The results of an audit of PrivatBank, Ukraine's largest lender, have been passed to prosecutors for use in a possible criminal investigation into shady deals made before its 2016 nationalisation, a central bank deputy governor said on Tuesday."We received assurances from the general prosecutor that the results of the forensic audit were received by the general prosec...Read More
Gold (XAU/USD) risk reversals hit a 7-week high. Spot gold looks set to revisit 2017 high of $1357.54. Gold (XAU/USD) one-month 25 delta risk reversals rose to a 7-week high of -0.175 yesterday, indicating a drop in demand for bearish bets (put) on the XAU. The risk reversals gauge bottomed out at -1.375 on Dec. 8. The sharp rise from -1.375 to -0.175 only adds credence to the bullish move in sp...Read More
Mr. David Wolfin reportsAVINO ANNOUNCES FOURTH QUARTER AND FULL YEAR 2017 PRODUCTION RESULTS FROM ITS AVINO PROPERTYAvino Silver & GoldMines Ltd. has released its fourth quarter 2017 and full year 2017 production results from its Avino property near Durango, Mexico. Consolidated production highlights for 2017 (compared with 2016): Silver equivalent production increased 1 per cent to 2,700,585...Read More
Mr. David Wolfin reportsAVINO ANNOUNCES FOURTH QUARTER AND FULL YEAR 2017 PRODUCTION RESULTS FROM ITS AVINO PROPERTYAvino Silver & GoldMines Ltd. has released its fourth quarter 2017 and full year 2017 production results from its Avino property near Durango, Mexico. Consolidated production highlights for 2017 (compared with 2016): Silver equivalent production increased 1 per cent to 2,700,585...Read More
After breaking down and trading as low as $1,238, gold has turned around and broken out to the upside closing over $1,330 last week, turning in a dramatic bull run culminating on Friday with a huge up day and 5th week in a row with gains. Can this breakout hold?As we look at the price action, there is no doubt that this is a breakout. Every attempt to slow gold has been met with buyers. Much like...Read More
* Dollar recovers some poise after hitting 3-mth low* Palladium slips below Monday's record high* GRAPHIC-2018 asset returns: tmsnrt.rs/2jvdmXl(Updates throughout, adds LONDON dateline)By Jan HarveyLONDON, Jan 16 (Reuters) - Gold fell on Tuesday from the previous day's four-month high, reflecting losses across precious metals and commodities more widely, as the dollar clawed back some lost ground...Read More
Marc JonesLONDON (Reuters) - Asia and Europe’s big bourses kept world shares on their record-breaking run on Tuesday, though a steadier dollar halted the sizzling start to the year for the euro, yen and yuan and sent metals markets sprawling.MSCI's all-country world index .MIWD00000PUS notched its third consecutive all-time high as growing confidence about the global economy pushed Japan's h...Read More
VANCOUVER, British Columbia, Jan.16, 2018(GLOBE NEWSWIRE) -- First Majestic Silver Corp. ("First Majestic" or the "Company") (NYSE:AG) (TSX:FR) is pleased to announce the Company's fourth quarter and full year 2017 production results, as well as production and cost guidance for 2018. Production costs are scheduled to be released on February 28, 2018 with the Company's full-year and fourth quart...Read More
VANCOUVER, British Columbia, Jan.16, 2018(GLOBE NEWSWIRE) -- First Majestic Silver Corp. ("First Majestic" or the "Company") (NYSE:AG) (TSX:FR) is pleased to announce the Company's fourth quarter and full year 2017 production results, as well as production and cost guidance for 2018. Production costs are scheduled to be released on February 28, 2018 with the Company's full-year and fourth quart...Read More
Gold demand is set to jump this year thanks to government policies targeted at transparency and economic growth, the World Gold Council said Tuesday in its annual outlook report.In particular, the industry body believes that gold will maintain its relevance as a strategic asset in 2018 thanks to four key trends - synchronised global economic growth, shrinking central bank balance sheets, risin...Read More
Gold demand is set to jump this year thanks to government policies targeted at transparency and economic growth, the World Gold Council said Tuesday in its annual outlook report.In particular, the industry body believes that gold will maintain its relevance as a strategic asset in 2018 thanks to four key trends - synchronised global economic growth, shrinking central bank balance sheets, risin...Read More
Mr. Christian Milau reports PACIFIC ROAD EXERCISES NON-DILUTION RIGHTS TO ACQUIRE ADDITIONAL COMMON SHARES OF EQUINOX GOLD Pacific Road Resources Funds has provided notice to Equinox Gold Corp. of the exercise of its pre-existing non-dilution rights and will acquire an additional 21 million Equinox Gold common shares for aggregate proceeds to the company of $19,215,000, subject to TSX Venture Exch...Read More
Mr. Christian Milau reports PACIFIC ROAD EXERCISES NON-DILUTION RIGHTS TO ACQUIRE ADDITIONAL COMMON SHARES OF EQUINOX GOLD Pacific Road Resources Funds has provided notice to Equinox Gold Corp. of the exercise of its pre-existing non-dilution rights and will acquire an additional 21 million Equinox Gold common shares for aggregate proceeds to the company of $19,215,000, subject to TSX Venture Exch...Read More
Even after the impressive 5-week rally, gold prices still have upside potential.Some key industrial commodities are pointing the way higher.Meanwhile, internal momentum remains supportive of the XAU rally.After a strong start to the New Year, what some traders think is just a temporary short-covering rally gold will likely prove otherwise. As I'll argue here, the metal has enough support to contin...Read More
Almost exactly 9 years after the first were 'mined', January 13th marked an important milestone for cryptocurrencies. 16.8 million bitcoins (BTC), or 80 percent of the entire Bitcoin supply, have now been mined.Read full newsRead More
Just days after China's (denied) threat to slow/stop buying US Treasuries, and just days before the launch of China's petro-yuan futures contract, Germany's central bank confirmed it would include China's Renminbi in its reserves.Read full newsRead More
Canada's gold producer GoldCorp Inc. said on Tuesday its all-in sustaining costs are expected to fall further to $800 per ounce in 2018 from $825 per ounce in 2017.The company's 2017 preliminary gold production of 2.6 million ounces was at the high end of its forecast range.U.S.-listed shares of the company were up 5.5 per cent at $15.14 premarket, on track to hit a nine-month high when market ope...Read More
Phase 1 completed on budget and will scale significantly throughout 2018BODEN, Sweden and VANCOUVER, Jan. 15, 2018...Read full newsRead More
A supply shortage is looming.Read full newsRead More
Anglo American's De Beers, the world's largest rough diamond producer by value, plans to launch this year the first industry-wide blockchain platform, which will enable greater tracking of gems being traded worldwide.The technology, which De Beers began developing last year, allows tracing each diamond throughout the entire value chain - from mine to buyer. It would make of the company an industry...Read More