Mr. Sean Roosen reportsOSISKO ANNOUNCES RECORD 2017 GOLD EQUIVALENT OUNCES Osisko Gold Royalties Ltd. has provided information on its preliminary 2017 gold equivalent ounces (GEOs).Record gold equivalent ounces earned in 2017 The company's portfolio of royalties, streams and other interests delivered a record number of GEOs during the fourth quarter and for 2017. The company received 58,933 GEOs...Read More
Mr. Sean Roosen reportsOSISKO ANNOUNCES RECORD 2017 GOLD EQUIVALENT OUNCES Osisko Gold Royalties Ltd. has provided information on its preliminary 2017 gold equivalent ounces (GEOs).Record gold equivalent ounces earned in 2017 The company's portfolio of royalties, streams and other interests delivered a record number of GEOs during the fourth quarter and for 2017. The company received 58,933 GEOs...Read More
OSLO, Jan 18 (Reuters) - Norway's central bank has awarded 24 billion Norwegian crowns($3.07 billion) in an F-deposit for Jan 18-23, with a highest rate of 0.48 percent, it said on Thursday.Overall demand in the auction was for 46.05 billion crowns.Allocation at the highest rate was 94.09 percent, the central bank added.($1 = 7.8237 Norwegian crowns) (Reporting by Oslo newsroom) Disclaimer: The v...Read More
PARIS, Jan 18 (Reuters) - France and Germany want to reach a joint position on euro zone reform, including tax convergence, the capital markets union and the banking union, between March and June this year, French Finance Minister Bruno Le Maire said on Thursday."We have ... an immediate priority which is the completion of the banking union, the completion of the capital markets union and tax...Read More
ELKO, Nev., Jan. 18, 2018 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold" or the "Company") USAU, -19.35% a gold exploration and development company, announced today that it agreed to sell $5 million of shares of its Series E convertible preferred stock in a non-brokered registered direct offering. The shares of Series E convertible preferred stock have an offering price equal to...Read More
ELKO, Nev., Jan. 18, 2018 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold" or the "Company") (NASDAQ: USAU), a gold exploration and development company, announced today that it agreed to sell $5 million of shares of its Series E convertible preferred stock in a non-brokered registered direct offering. The shares of Series E convertible preferred stock have an offering price equal to their stated valu...Read More
ELKO, Nev., Jan. 18, 2018 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold" or the "Company") (NASDAQ: USAU), a gold exploration and development company, announced today that it agreed to sell $5 million of shares of its Series E convertible preferred stock in a non-brokered registered direct offering. The shares of Series E convertible preferred stock have an offering price equal to their stated valu...Read More
On Tuesday and Wednesday gold failed to breakout and is now under selling pressure, holding onto the $1,330level by its fingernails. With interest rates rising, although the FED is doingeverything it can to stop that, the offset of the weaker dollar is puttingweight on gold, stalling the drive higher. Coupled with some profit taking and yousee selling pressure on the metals.Factors that will push...Read More
After barreling to new record highs on Wednesday, the U.S. stock market looks set for a slow start. Blue chips appear ready to continue this week's outperformance, though, with futures on the Dow Jones Industrial Average (DJI) trading above fair value. And while the S&P 500 Index (SPX) is modestly higher in pre-market trading on a positive earnings reaction for Morgan Stanley (MS), the tech sector...Read More
TransCanada Corp. (TSX, NYSE:TRP) said Thursday it had gathered strong commercial support for its $8 billion Keystone XL Pipeline, adding it would continue to secure additional long-term contracts before it decides when it will start work on the project.The Calgary-based company added that after finishing an open season that allowed shippers to commit to space in the proposed pipeline, it secure...Read More
BRASILIA, Jan 18 (Reuters) - Brazil on Thursday offered an initial $1 billion worth of 2047 dollar bonds in the first sovereign debt transaction of the year, a source with direct knowledge of the matter told Reuters.In a statement, the National Treasury said it had hired Citigroup Inc , HSBC Holdings Plc and Morgan Stanley to underwrite the reopening of its 5.625 percent Global 2047 bond. There we...Read More
LONDON, Jan 18 (Reuters) - Platinum miner Lonminhas received a further waiver on its debt agreements from its lenders, preventing a default, the South Africa-focused company said on Thursday.London-listed Lonmin, which is being bought by Sibanye-Stillwater , has been battling liquidity issues caused by combination of low platinum prices, a strengthening local currency and soaring costs.Lonmin's le...Read More
Wood Mackenzie sees copper demand increasing significatively over global supply in the next decade and, together with it, miners' need for reliable sources of water."As constant and high demand for copper leads to resources running out, copper grades will progressively diminish. As a result, water demand will increase because it will be necessary to process more material to obtain the same amount...Read More
Wood Mackenzie sees copper demand increasing significatively over global supply in the next decade and, together with it, miners' need for reliable sources of water."As constant and high demand for copper leads to resources running out, copper grades will progressively diminish. As a result, water demand will increase because it will be necessary to process more material to obtain the same amount...Read More
(Kitco News)- Positive sentiment within the manufacturing sector in the Philadelphiaregion was weaker than expected in January, according to the latest data fromthe Philadelphia Federal Reserve. Thursday, regional central bank's manufacturing business outlook survey fell to 22.2 in January, down from 26.2 in December, suggesting slower economic growth. The consensus expectations compiled by news o...Read More
Mr. JeffreyPontius reportsCORVUS GOLD EXTENDS MOTHER LODE DEPOSIT WEST, DRILLING 70.1 METRES @ 1.41 G/T GOLD, AND NORTH, DRILLING 33.5 METRES @ 1.6 G/T GOLD Corvus Gold Inc. has received assay results from an additional eight drill holes from its 2017 phase 1 drill program at its Mother Lode project in southern Nevada. The latest results continue to delineate the extension of the Mother Lode depos...Read More
Mr. JeffreyPontius reportsCORVUS GOLD EXTENDS MOTHER LODE DEPOSIT WEST, DRILLING 70.1 METRES @ 1.41 G/T GOLD, AND NORTH, DRILLING 33.5 METRES @ 1.6 G/T GOLD Corvus Gold Inc. has received assay results from an additional eight drill holes from its 2017 phase 1 drill program at its Mother Lode project in southern Nevada. The latest results continue to delineate the extension of the Mother Lode depos...Read More
(Kitco News) - Gold prices ticked down, but largely ignored the U.S. housing data from December, which revealed a sharp drop in housing starts. The U.S. housing starts fell 8.2% to a seasonally adjusted annual rate of 1.192 million units in December, the Commerce Department said on Thursday. Consensus forecasts compiled by most news organizations called for starts to be around 1.275 million. Novem...Read More
(Kitco News)- The U.S. labor market continued to build new momentum after the Labor Department report showed that weekly U.S. jobless claims fell by 41,000 to 220,000 claims in the week to Saturday.Consensus expectations compiled by various news organizations called for initial claims to be around 250,000. The government left the prior week’s tally unrevised at 261,000.“This is t...Read More
(Kitco News) - Gold prices have stabilized after a late day sell-offyesterday. The initial softness was prompted by a pop in the dollar, which waslikely, some profit taking, and not intervention by the BOJ or ECB. A largecommercial order for gold hit the tape after the European close, which drovegold below the $1,332 support line. The market had no issue absorbing the saleand gold stabilized arou...Read More