Recent News

UPDATE 4-Russian gold miner Polyus says Fosun stake deal scrapped

January 16, 2018 / dlvr.it

Russia's largest goldminer Polyus said on Monday that plans to sell a 10percent stake to a consortium led by China's Fosun Internationalhad been dropped after one of the conditions of theagreement was not met.Read full newsRead More

Orefinders PEA reports positive economics for Ontario's Mirado gold mine

January 16, 2018 / dlvr.it

Canadian Stock Exchange-listed junior project developer Orefinders Resources has released strong economic results contained in a preliminary economic assessment (PEA) for the South Zone openpit, which is part of the Mirado gold mine, located to the southeast of Kirkland Lake, Ontario.Nestled within the prolific gold producing Abitibi Greenstone Belt, the project boasts an exceptionally low total c...Read More

BRIEF-Orosur Mining says ?EUR?Q2 18 production was 7,052 oz of gold

January 16, 2018 / dlvr.it

Orosur Mining Inc:Read full newsRead More

Dell Wants to Mine Old Computers for Gold and Turn It Into Jewelry

January 16, 2018 / dlvr.it

Tech giant Dell has a new initiative in mind: mine gold from old laptops and spin it into jewelry. The initiatives makes sense.Read full newsRead More

Greece insists on environmental fines on gold mining firm

January 16, 2018 / dlvr.it

ATHENS, Greece (AP) - Greece's Environment Ministry has appealed a court decision annulling a 1.7-million-euro ($2.06 million) fine it had slapped on...Read full newsRead More

RT @michaelkamon: Shell's long goodbye to Middle East oil continues with the sale of its Iraqi oil fields.

January 16, 2018 / www.wsj.com

Royal Dutch Shell is giving up on its last oil fields in Iraq, leaving the world's second-biggest oil company with a dwindling footprint in the Middle East-a region it helped build into a petroleum powerhouse.Read full newsRead More

RT @KushyKush: Mapped: How the US generates electricity | @DrSimEvans @_rospearce

January 16, 2018 / ow.ly

For the first time Carbon Brief has plotted the United States' power stations in an interactive map to show how and where the US generates electricity.Read full newsRead More

RT @BloombergAU: Metals Are Set to Shine in 2018

January 16, 2018 / bloom.bg

ANZ Senior Commodity Strategist Daniel Hynes discusses the performance of the metals and mining sector, and talks about commodities. Bloomberg's David Stringer also speaks onRead full newsRead More

RT @Ole_S_Hansen: #Gold taking full advantage of current dollar weakness

January 16, 2018 / www.tradingfloor.com

Gold has now moved within striking distance of the next area of resistance. Despite overstretched momentum indicators a correction remains elusive at this stage with gold being supported by continued dollar weakness and steady real yields amid rising inflation focus. Tail end protection against the risk of a stock market correction also seen as a factor.Read full newsRead More

Dollar Slide Deepens as Euro Strength Saps Stocks: Markets Wrap

January 16, 2018 / www.bloomberg.com

Economists bump up 2018 outlook for euro-area; oil edges upChina's yuan touches 2-year high; Mexican peso leads EM rallyJohn Normand, head of cross-asset fundamental strategy at JPMorgan Chase, sees the euro at $1.24 by the end of 2018.Despite a U.S. holiday, the dollar dominated trading on Monday as it headed for a fourth day of declines, weakening against every major currency. The euro’s...Read More

Metals Power Higher as Sickly Dollar Spurs Copper-to-Gold Rally

January 16, 2018 / www.bloomberg.com

Zinc at decade-high, palladium hits record as greenback dropsIMF's David Lipton says there's 'faster growth in all regions'BlackRock's Hambro Sees Commodities Bull Run in 2018Copper jumped by the most in two months and zinc hit a fresh decade-high as base metals rallied on a potent combination of a softer dollar, dwindling inventories and continued robust outlook for demand. Palladium rallied to a...Read More

Silver: Once and Future Money

January 16, 2018 / dailyreckoning.com

The Roman Republic and the later Roman Empire had gold coins called the aureus and solidus, but they also minted a popular silver coin called the denarius. One denarius was the daily wage for unskilled labor and Roman soldiers.Of course, in the late Empire, the aureus, solidus and denarius were all debased by mixing the gold and silver with base metals. The decline of the Roman Empire went hand in...Read More

Ray Blanco's Pot Report: Your Guide to a Big Pay-Off

January 16, 2018 / dailyreckoning.com

Changes in public sentiment and to state laws have created a tidal wave of profits for fast moving investors in pot stocks.With the pot industry still in its infancy, many of these companies have their best days ahead of them.If you buy into the right companies now, before the big money starts rolling in, you could stand to make six figures, or more.Today, I'll show you a few marijuana companies t...Read More

Good Old Saudi Arabia (Market Manipulators)

January 16, 2018 / dailyreckoning.com

If you or I pulled a stunt like this, we’d go to jail.(And our faces would be plastered all over the news, our families shamed, and our savings would be taken away.)But Saudi Finance Minister Mohammed Al-Jadaan — along with his counterparts at the Saudi Oil Ministry — is pulling off one of the biggest market manipulation schemes since the Hunt brothers cornered the silver market...Read More

Matt Badiali's Freedom Checks Exposed!

January 16, 2018 / dailyreckoning.com

Investment expert Matt Badiali recently released a viral video called "Freedom Checks" that has many scratching their heads, wondering what these investments are exactly.In the video, now viewed by millions of Americans, Matt says these "freedom checks" are not a government program like Social Security or Medicare, and they're not a 401(k) or IRA or any similar type of retirement account.As Matt d...Read More

BCSC asks court to enforce Dabney's unpaid fine

January 16, 2018 / www.stockwatch.com

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Mike CaswellThirteen years after it imposed a fine and ban on Vancouver's Raymond C. Dabney for the Xraymedia Inc. scheme, the B.C. Securities Commission is still attempting to collect the penalty. In a notice of claim filed in the Supreme Court of British Columb...Read More

Energy Summary for Jan. 12, 2018

January 16, 2018 / www.stockwatch.com

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterWest Texas Intermediate crude for February delivery gained 50 cents to $64.30 on the New York Merc, while Brent for March gained 61 cents to $69.87 (all figures in this para U.S.). Western Canadian Select traded at a discount of $25.05...Read More

Diamond & Specialty Minerals Summary for Jan. 12, 2018

January 16, 2018 / www.stockwatch.com

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Will PurcellThe diamond and specialty minerals stocks box score for Friday was a cheerful 93-68-117. The TSX Venture Exchange fell 11 points to 878 while polished diamond prices inched upward. Lukas Lundin and Dr. William Lamb's Lucara Diamond Corp. (LUC) dropped...Read More

Gold Summary for Jan. 12, 2018

January 16, 2018 / www.stockwatch.com

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterNew York spot gold rose $15.50 to $1,337.40 on Friday. The TSX Venture Exchange fell 11.31 points to 878.20 while the TSX Gold Index added 4.75 points to 200.62. Endeavour Mining Corp. (EDV) led Canadian golds higher today. It added $1...Read More

Shell Summary for Jan. 12, 2018

January 16, 2018 / www.stockwatch.com

This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterThe TSX Venture Exchange fell 11.31 points to 878.20 Friday, ending the week down 17.51 points. Steve Bajic's ninth capital pool shell, the halted Margaux Red Capital Inc. (MXC), plans to acquire Sigma Lithium Resources Inc. for the sh...Read More

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