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Silvercrest names Ritchie president; arranges financing

January 03, 2018 / www.stockwatch.com

Mr. Eric Fier reportsSILVERCREST APPOINTS CHRISTOPHER RITCHIE AS PRESIDENT; ANNOUNCES PRIVATE PLACEMENT AND GRANTS OPTIONS Silvercrest Metals Inc. has appointed Christopher Ritchie as the company's president, effective Jan. 1, 2018. Mr. Ritchie will report to N. Eric Fier, Silvercrest's founder, chief executive officer and director. The company has also entered into a private placement with Mr. Ri...Read More

Silvercrest names Ritchie president; arranges financing

January 03, 2018 / www.stockwatch.com

Mr. Eric Fier reportsSILVERCREST APPOINTS CHRISTOPHER RITCHIE AS PRESIDENT; ANNOUNCES PRIVATE PLACEMENT AND GRANTS OPTIONS Silvercrest Metals Inc. has appointed Christopher Ritchie as the company's president, effective Jan. 1, 2018. Mr. Ritchie will report to N. Eric Fier, Silvercrest's founder, chief executive officer and director. The company has also entered into a private placement with Mr. Ri...Read More

Stock Futures Inch Higher as Trump Goes Nuclear on Twitter

January 03, 2018 / www.schaeffersresearch.com

U.S. stock futures are trading higher ahead of today's 2 p.m. ET release of the minutes from the latest Fed meeting, where the central bank issued its fifth rate hike in two years. However, today's pre-market upside is being contained after President Donald Trump tweeted that his "Nuclear Button" is "much bigger & more powerful" than that of North Korean leader Kim Jong Un, effectively re-escalati...Read More

Germans invest heavily in gold in 2017, Deutsche Boerse says

January 03, 2018 / www.kitco.com

FRANKFURT (Reuters) - Germans are investing heavily in gold, Deutsche Boerse said on Wednesday, with holdings of a gold-backed security it offers rising almost 50 percent in 2017.Gold is seen as a safe haven for investors during times of uncertainty. Spot gold prices gained about 14 percent during 2017.Deutsche Boerse said its Xetra-Gold notes, which are backed by physical gold, rose in demand to...Read More

CME Group: Average Daily Metals Volume Soars 23% In 2017

January 03, 2018 / www.kitco.com

Exchangeoperator CME Group reports that average daily volume in metals markets increased 23% to a record 568,000contracts during 2017. This far exceeded the average daily volume for all CME marketscombined, which was up 4% from 2016 to hit a record 16.3 million contracts.Gains in average daily volume for other markets included interest rates, 9%;foreign exchange, 7%; energy, 6%; and agricultu...Read More

CME Group: Average Daily Metals Volume Soars 23% In 2017

January 03, 2018 / www.kitco.com

Exchange operator CME Group reports that average daily volume in metals markets increased 23% to a record 568,000 contracts during 2017. This far exceeded the average daily volume for all CME markets combined, which was up 4% from 2016 to hit a record 16.3 million contracts. Gains in average daily volume for other markets included interest rates, 9%; foreign exchange, 7%; energy, 6%; and agri...Read More

Gold Resting Or Overextended?

January 03, 2018 / www.kitco.com

(Kitco News) - Gold moved to our short-term target of $1,322 overnight buta slightly stronger tone to the dollar brought fresh selling into the metalscomplex. Gold appears overextended in the short termand is trying to consolidate but requires a break above the $1,322 level togenerate further momentum. There is support at the $1,311 spot level but abreak through here would bring a test of the $1,3...Read More

Gold Resting Or Overextended?

January 03, 2018 / www.kitco.com

(Kitco News) - Gold moved to our short-term target of $1,322 overnight but a slightly stronger tone to the dollar brought fresh selling into the metals complex. Gold appears overextended in the short term and is trying to consolidate but requires a break above the $1,322 level to generate further momentum. There is support at the $1,311 spot level but a break through here would bring a test of the...Read More

Gold Hits 3.5-Mo. High, Bulls Have Good Momentum

January 03, 2018 / www.kitco.com

(Kitco News) - Gold prices are hovering near unchanged levels in early U.S. trading Wednesday, asthe market pauses after hitting a 3.5-month high overnight. Silver prices are abit weaker but scored a five-week high overnight. Gold and silver bulls havethe technical momentum to suggest more price gains in the near term. February Comex gold was last up $0.70 an ounce at $1,316.70. March Comex silver...Read More

Roxgold: Permitting Approved To Develop Bagassi South Project

January 03, 2018 / www.kitco.com

Roxgold Inc. (TSX: ROXG)says it has received the necessary permit approval from the Burkina FasoMinistry of Environment and Sustainable Development to develop the BagassiSouth Project. “The approval of the environmental and social impact assessmentfor Bagassi South allows us to confirm our development decision and begin minedevelopment and construction for our first growth project on the Yar...Read More

Bitcoin Daily Chart Alert - Chart Consolidation This Week - Jan 3

January 03, 2018 / www.kitco.com

Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More

Bitcoin Daily Chart Alert - Chart Consolidation This Week - Jan 3

January 03, 2018 / www.kitco.com

Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More

Gold Rush Is Over For Now

January 03, 2018 / www.kitco.com

To quote the great Howard Cosell, “it’s over, it’s over,”and that’s what we think about this rally in the metals the last three weeks.To be clear, we are big fans of gold and silver and we are not liquidating ourinvestments, but from a trader’s standpoint, we are going to take a shortposition somewhere in this $1,315-$1,325 area. Gold and silver look exhausted,...Read More

Stock Buyers May Need to Be Patient In 2018

January 03, 2018 / www.schaeffersresearch.com

As surprising and uncharacteristic as a Donald Trump presidency is, it might not make sense to compare this year to past presidential cycles, but I have decided to do it anyway. It's well known that historically, stocks have been outstanding in the third year of the cycle. The theory is, that before the election year politicians focus their energy on campaigning, they tend to pass legislation that...Read More

China central bank can tell local govts to regulate bitcoin miners' power use -source

January 03, 2018 / www.kitco.com

BEIJING, Jan 3 (Reuters) - China's central bank told a top-level government internet finance group that the monetary authority can tell local governments to regulate the power usage of bitcoin miners to gradually reduce the scale of their production, a source said. While the People's Bank of China (PBOC) can't directly regulate bitcoin miners' power usage, it can ask local authorities to do so, th...Read More

Jan 3 Fission (FCU,TSX) Hits One of the Strongest Holes to Date at PLS

January 03, 2018 / www.marketwired.com

KELOWNA, BRITISH COLUMBIA--(Marketwired - Jan. 3, 2017) - FISSION URANIUM CORP. (TSX:FCU)(OTCQX:FCUUF)(FRANKFURT:2FU) ("Fission" or "the Company") is pleased to announce the remaining assay results from its summer 2017 program at its' PLS property in Canada's Athabasca Basin region. The final three holes to report targeted the shallow, high-grade R780E zone as part of a metallurgical study for use...Read More

Top mining stories of 2017

January 03, 2018 / dlvr.it

ELKO - Mining headlines in 2017 united the hardrock mining community of Northern Nevada, as readers rallied around news of tragedies, growth, regulatory changes and giving. Here is a lookRead full newsRead More

RT @RT_com: 'Washington aims to destabilize Iran & overthrow regime by using economic leverage' - political analyst

January 03, 2018 / on.rt.com

Washington aims to destabilize Iran and overthrow the regime by using economic leverage, Kamel Wazni, a political analyst and economist in Beirut, told RT.Read full newsRead More

Global Manufacturers Strain to Keep Up With Faster Economy

January 03, 2018 / www.bloomberg.com

Firms in U.S., China, Germany, U.K. warn of supply constraintsWorld economy predicted to be strongest since 2011 this yearChristian Schulz Sees Phillips Curve as Big 2018 QuestionFactories across the globe warned they are finding it increasingly hard to keep up with demand, potentially forcing them to raise prices as the world economy looks set to enjoy its strongest year since 2011.A slew of Purc...Read More

Nasdaq Tops 7,000 to Score New Record; S&P 500 Also Closes at Record High - TheStreet

January 03, 2018 / www.thestreet.com

Stocks rose on Tuesday, Jan. 2, the first trading day of 2018, as stocks in the consumer discretionary and energy sectors posted solid gains. U.S. equities have risen for three of the past four trading sessions as companies count the benefits of U.S. tax cuts and take advantage of the dollar's worst run slump 2003. The S&P 500 and Nasdaq both started off the new year with...Read More

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