Jan 29 (Reuters) - Canada's main stock index fell shortly after the opening bell on Monday, weighed by a decline in energy and other resource shares as the price of oil tumbled.At 9:45 a.m. EST (1445 GMT), the Toronto Stock Exchange's S&P/TSX composite index was down 69.65 points, or 0.43 percent, at 16,169.57. (Reporting by Leah Schnurr) Disclaimer: The views expressed in this article are t...Read More

Mr. Eric Fier reports SILVERCREST EXPANDS BABICANORA HIGH-GRADE FOOTPRINT TO 1.3 KILOMETRES; MORE BONANZA GRADESSilvercrest Metals Inc. has released additional phase II drill results for the Las Chispas property located in Sonora, Mexico. Stepout drilling of the Babicanora vein continues to intersect high-grade mineralization with an increase in the reported high-grade footprint from 1,000 metres...Read More

Mr. Eric Fier reports SILVERCREST EXPANDS BABICANORA HIGH-GRADE FOOTPRINT TO 1.3 KILOMETRES; MORE BONANZA GRADESSilvercrest Metals Inc. has released additional phase II drill results for the Las Chispas property located in Sonora, Mexico. Stepout drilling of the Babicanora vein continues to intersect high-grade mineralization with an increase in the reported high-grade footprint from 1,000 metres...Read More

Mr. Marc Prefontaine reportsORLA ANNOUNCES C$25,480,000 BOUGHT DEAL FINANCINGOrla Mining Ltd. has entered into an agreement with a syndicate of underwriters led by GMP Securities LP, pursuant to which the underwriters will purchase, on a bought deal basis, 14.56 million units of the company at a price of $1.75 per unit for aggregate gross proceeds to the company of $25.48-million.Each unit will co...Read More

Mr. Marc Prefontaine reportsORLA ANNOUNCES C$25,480,000 BOUGHT DEAL FINANCINGOrla Mining Ltd. has entered into an agreement with a syndicate of underwriters led by GMP Securities LP, pursuant to which the underwriters will purchase, on a bought deal basis, 14.56 million units of the company at a price of $1.75 per unit for aggregate gross proceeds to the company of $25.48-million.Each unit will co...Read More

Stock futures are trading below fair value ahead of a busy week on Wall Street, with Apple earnings, President Donald Trump's first State of the Union address, and the last Fed meeting for Chair Janet Yellen on tap. Today, though, traders are digesting a tepid rise in consumer spending last month, along with a 12-year low in the saving rate. Separately, the core personal consumption expenditures (...Read More

Andre Boj?(C), chief executive of Minergy Limited, talks Proactive's Andrew Scott through the latest at their 100% owned, 390Mt Masama Coal Project in the Mmambula Coalfield, in south west Botswana.Minergy's currently listed on the Main Board of the Botswana Stock Exchange and Boj?(C) says they're keen to bring the company to London's AIM Market later on in the year.The company expects that follow...Read More

"One of the world's largest money managers says you should fear the lack of fear in markets. ...Pacific Investment Management Co. says now is the time for caution." (Jan. 17)"Recent 'Odd' Market Moves May Be a Warning Sign for Stocks" (Jan. 21)"Slowing Cash Flow Could Mean a 'Nasty Surprise' for U.S. Stocks" (Jan. 23)"U.S. stocks are set for a correction of 5% or more this year after the longest s...Read More

Preciousmetals and commodities generally are moving lower, pressured mainly by a modestreversal higher in the U.s. dollar, says INTL FCStone. The approach of aFederal Reserve meeting this week may be leading to some dollar short covering,especially considering that bets against the dollar hit record highs, based onthe most recent data from the Commodity Futures Trading Commission, INTLFCStone says...Read More

Precious metals and commodities generally are moving lower, pressured mainly by a modest reversal higher in the U.s. dollar, says INTL FCStone. The approach of a Federal Reserve meeting this week may be leading to some dollar short covering, especially considering that bets against the dollar hit record highs, based on the most recent data from the Commodity Futures Trading Commission, INTL FCSton...Read More

Jason Hill, sales director at appScatter Group PLC (LON:APPS), discusses the huge growth in apps and our reliance on them.Hill says where once apps were restricted to just smart phones and tablets, they're now being used to power computers, smart TVs and wearable devices plus not to mention their increasing role in the Internet of Things (IoT)  Meet Reward Minerals Ltd, Recce Ltd, Rimfire Pac...Read More

(Kitco News)- Gold pricesremain under pressure, seeing little reaction to muted inflation pressuresthrough 2017.Monday, TheU.S. Department of Commerce said that Personal Consumption Expenditures Index,0.1% in December, in line with expectations. However, for the year, the datashowed that inflation increased by 1.7%, down from November's reading of 1.8%.Coreinflation, which strips out volatile food...Read More

We expect the US Dollar Index to rally backup to 92.00 levels.-Gold is overbought and due for a correction.A time for a consolidation is at hand. Dollar Rally? One the highlights in the news last week was the world economic forum in Davos. On Wednesday, the US dollar struck a weaker note on the basis of comments by the US Treasury Secretary Steven Mnuchin. He said, ahead of the central bank's poli...Read More

(Kitco News) - Gold remains under pressure as dollar buyers emerge. Lastweek, we suggested going flat near the 2016 double top at $1,365, with an expectation of a move to the $1,345 area.Recent jawboning by the President that the U.S. wants a stronger dollar and thereversal by Treasury Secretary Mnuchin, that he was not advocating a weakerdollar policy has encouraged dollar bears to cover. Th...Read More

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

We have been watching the marketstrade for over 38 years and occasionally get fooled by the patterns. The gold breakout last week failed and had a key reversal pattern, which indicates thetop is in. A key reversal occurs when markets make highs and close on theirlows. Gold was a little lower Friday.We are now short-term sellers;the rally has run out of steam and rallies should be sold for now. How...Read More

TorexGold Resources Inc. (TSX: TXG) reports that an “illegal blockade” by anexternal union has been removed at its El Limon-Guajes Mine Complex in Mexicoafter intervention by the governor of the Guerrero state. The company says itnow has access to the main plant access gate, accommodation facilities,security for the main plant site, and for the El Limon Pit, which had beenpreviously in...Read More

(Kitco News) - Gold and silver markets are moderately lower in early U.S. trading Monday. A firmerU.S. dollar index has prompted some more profit-taking from the shorter-termfutures traders after both markets last week hit 4.5-month highs. February Comex gold futures were last down $10.60 an ounce at $1,341.50. March Comex silver was last down $0.176 at $17.265 an ounce.Therewere no significant, m...Read More

   •  Surging US bond yields help revive USD demand.   •  Risk-off mood helps limit sharp downslide.   •  US economic data eyed for fresh impetus. Gold held with minor losses through the early European session and is currently placed near the lower end of its daily trading range, below $1350 level.  The precious metal extended last w...Read More

Mr. Peeyush Varshney reportsCANADA ZINC METALS ANNOUNCES EXPANDED MINERAL RESOURCE ESTIMATE FOR THE CARDIAC CREEK DEPOSITCanada Zinc Metals Corp. has received an updated mineral resource estimate for the Cardiac Creek Zn-Pb-Ag (zinc-lead-silver) deposit on its 100-per-cent-owned Akie project. The new mineral resource estimate incorporated the results of eight new drill intercepts from the successf...Read More