Gervaise Heddle, chief executive of Greatland Gold plc (LON:GGP), tells Proactive's Andrew Scott they're to kick off a new exploration campaign at the Ernest Giles gold project in Western Australia.The plan is to drill three high priority targets at the Meadows, Wishbone and Empress areas, although before that, mobile metal ion surveys will be carried out.  Meet Anglo Asian Mining Plc, Condor...Read More

Shareholders of world's second largest miner Rio Tinto (ASX, LON:RIO) are being recruited to demand the company quit Australia's top mining lobby group.The Australasian Centre for Corporate Responsibility (ACCR) is looking to persuade about 100 investors to co-file a resolution at Rio Tinto's upcoming annual general meeting, in which it will ask the group to leave the Minerals Council of Austral...Read More

Shareholders of world's second largest miner Rio Tinto (ASX, LON:RIO) are being recruited to demand the company quit Australia's top mining lobby group.The Australasian Centre for Corporate Responsibility (ACCR) is looking to persuade about 100 investors to co-file a resolution at Rio Tinto's upcoming annual general meeting, in which it will ask the group to leave the Minerals Council of Austral...Read More

Shareholders of world's second largest miner Rio Tinto (ASX, LON:RIO) are being recruited to demand the company quit Australia's top mining lobby group.The Australasian Centre for Corporate Responsibility (ACCR) is looking to persuade about 100 investors to co-file a resolution at Rio Tinto's upcoming annual general meeting, in which it will ask the group to leave the Minerals Council of Austral...Read More

Bank of America Corp (NYSE:BAC) is trading down a modest 0.2% today at $31.90, despite sharp losses for fellow financial stock Wells Fargo (WFC). Plus, the shares are holding near their nine-year peak of $32.67 -- hit during last Friday's broad-market bloodbath -- and are up 37% on a year-over-year basis. And if history is any guide, BAC stock could be headed for even higher highs in the near term...Read More

JOHANNESBURG, Feb 5 (Reuters) - South Africa's Sibanye-Stillwater's full year platinum production rose compared with the year-ago period, while gold production fell after the firm mothballed its Cooke operations, the diversified miner said on Monday.Platinum group metals production in South Africa rose 4 percent above the firm's guidance, to stand at to 1.19 million ounces.Gold production was high...Read More

(Fixes typo in headline)* Wells Fargo falls after Fed's unprecedented action* Qualcomm falls on report of Apple dumping co in favor of Intel* Apple top boost on all three major indexes* Dow off 0.06 pct, S&P flat, Nasdaq up 0.31 pct By Tanya AgrawalFeb 5 (Reuters) - U.S. stocks pared losses to trade little changed in late morning trading on Monday as a rise in bond yields paused and technolo...Read More

NEW YORK, Feb 5 (Reuters) - The euro pared some losses against the dollar on Monday after European Central Bank President Mario Draghi said the euro zone economy has strengthened enough to lift regional inflation towards the ECB's 2-percent goal. At 11:18 a.m. (1618 GMT), the single currency was down 0.40 percent at $1.2410, which was below a three-year peak of $1.2536 set on Jan. 25, Reuters data...Read More

By Bruno FederowskiSAO PAULO, Feb 5 (Reuters) - Latin American stocks fell on Monday as fears of resurgent inflation in the United States weighed on demand for emerging market assets.The move came on the heels of sharp losses on Friday, after data showed the largest U.S. wage growth since 2009 fueling expectations of faster interest rate hikes this year. The report drove profit-taking on high-yiel...Read More

WASHINGTON, Feb 5 (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 s...Read More

GOLD Spot Gold is consolidating on Monday after Friday’s sharp fall on upbeat US jobs data which boosted hopes for Fed’s more aggressive approach to US monetary policy this year.The yellow metal fell by 1.3% on Friday in the biggest one-day fall in nearly two months, generating bearish signal on completion of H&S pattern on daily chart as well as strong bearish weekly close.Improv...Read More

Jay Bhattacherjee, chief executive at Aminex plc (LON:AEX), discusses with Proactive the findings from the latest CPR on their asset base in Tanzania.Among the highlights is a 44% increase in management estimates for gas initially in place across Ntorya from 1.3 TCF to 1.87 TCF.The new figure also represents a 12-fold increase over the 2015 CPR.''It's obviously a big piece of news for us ... we're...Read More

By Renita D. YoungNEW YORK, Feb 5 (Reuters) - With the price of palladium spiking to a record high last month, the effects could be felt in the automotive industry as manufacturers of catalytic converters consider raising their prices and may change the mix of metals in their products.Increased automotive industry demand and a supply shortage boosted the price of palladium, the principal metal use...Read More

Apple (AAPL) supplier Broadcom Ltd (NASDAQ:AVGO) is in focus today after the semiconductor concern raised its bid to buy Qualcomm (QCOM) to $121 billion, or $82 per share. The cash-and-stock deal -- which includes a $10 billion termination fee, according to CNBC -- represents Broadcom's "best and final offer." While QCOM is trading down 2.6% today, AVGO shares were last seen trading up 1.6% at $2...Read More

Bristol-Myers Squibb Co (NYSE:BMY) is trading up 1.4% today at $64.33, after the company posted better-than-expected earnings and said its blockbuster lung cancer treatment Opdivo -- in combination with its immunotherapy drug Yervoy -- met its goals in a late-stage study. Meanwhile, the news is pressuring shares of rival Merck (MRK), which makes a competing product. Despite these positive developm...Read More

Canamex Gold Corp (CVE:CSQ)CEO David Vincent tells Proactive they are offering gold-backed royalty tokens at 0.005 ounces/unit for 5,000 ounces of gold, each token being offered at $5, to be deployed on the Ethereum blockchain.Vincent says he is hoping to raise $5 million with the royalty tokens to develop an initial token offering (ITO) in the next few months.  Meet Anglo Asian Mining Plc, C...Read More

(Kitco News)- Thegold market is seeing little reaction to stronger-than-expected momentum in the servicesector last month, according to the latest data from the Institute of SupplyManagement (ISM).Monday, the ISMsaid its Non-manufacturing Purchasing Managers Index showed a reading of 59.9%in January, up from December's reading of 55.9%. The increase was well above expectationsas consensus forecast...Read More

(Kitco News) - Gold prices have lost their modest early gains as theU.S. dollar index has pushed higher and is trading near its daily high. Still,shaky U.S. stock index that are solidly lower to start the trading week arekeeping the gold and silver sellers timid. April Comex gold was last down $1.10at $1,336.10.By Jim Wyckoff For Kitco NewsFollow @jimwyckoffjwyckoff@kitco.comwww.kitco.com Disclaim...Read More

Wells Fargo & Co (NYSE:WFC) stock is sinking this morning, down 8.2% to trade at $59.01, after the Federal Reserve on Friday took action over the big bank's fake account scandal, discovered in 2016. Under outgoing Fed Chair Janet Yellen -- who will be replaced today by Jerome Powell -- the central bank cited "widespread consumer abuses," and restricted WFC from any additional asset growth until it...Read More

* Gecamines wants renegotiations to start in second quarter* Congo is Africa's biggest miner of cobalt, copper* Foreign investors raise concern about new mining law By Barbara LewisCAPE TOWN, Feb 5 (Reuters) - Democratic Republic of Congo's state mining company Gecamines said on Monday it wanted to renegotiate contracts with its international partners this year to give the state a bigger share of...Read More