Right when the debate about the legislation to ratify the Comprehensive and Progressive Agreement for Trans-Pacific Partnership is about to start in Australia's House of Representatives, the mining sector is out and about showing its support to the trade deal.This week, the Minerals Council of Australia issued a statement supporting the findings in a recent study about the so-called TPP-11. The re...Read More
Higher-than-expected production levels from the new Fekola mine, along with low costs, are likely to boost B2Gold's (BTG) production, revenues, cash from operations and cash flow in the years ahead.Read full newsRead More
Iraq is pumping crude at record levels and the violent street protests that engulfed the oil-rich south have not affected energy facilities in OPEC's No. 2 producer.The country's crude exports reached a record of 3.59 million barrels a day, Oil Minister Jabbar al-Luaibi said after a meeting with representatives of foreign oil companies working in Iraq. Iraq is producing crude at a level of about 4...Read More
Costa Rica's Environment Minister, Carlos Manuel Rodr?-guez, told local media this week that the environmental damage caused by the more than 4,000 artisanal miners that broke into Las Crucitas gold mine was not as bad as was first feared and that the area is expected to recover in a couple of years. According to Rodr?-guez, the miners cut trees and dug 2-metre-deep pits in an area of about 15 hec...Read More
This is the last emerging market crisis story for a while, promise. But one angle - exactly how a plunging currency in a far-off place affects supposedly stable markets like the US - is worth exploring because it's happening right this minute.Let's start with the choices facing an American or European investor who needs a decent return, but who finds that interest rates have fallen to the point wh...Read More
"Sometimes, you have to be prepared for any eventuality... including doomsday bunkers in the UK??! #tech #siliconvalley @BNNBloomberg #doomsdaypreppers #http://ow.ly/hj3030lHgQG"Read full newsRead More
China sustained a surge in aluminum shipments to world markets in August as buyers sought supplies from the largest producer to replace metal from United Co. Rusal, which has been hit by U.S. sanctions.Exports of unwrought aluminum and products reached 517,000 metric tons, almost the same as the 520,000 tons in July, which was the highest total in more than three years, according to customs data o...Read More
Coal imports by China held near the highest level in four years, underscoring buoyant demand in the world's largest user even as lower domestic prices and a weaker currency hurt the appeal of overseas supplies.Foreign purchases fell just 1.1 percent in August to the equivalent of 925,161 metric tons a day, compared with 935,806 the previous month, the highest since January 2014, according to Bloom...Read More
ELKO, Nev. (AP) - Boom. Bust. Rush. Crash.These words are associated with the cyclical nature of the world's minerals extraction industry known for making and breaking companies, economies, towns and fortunes.Nevada - where mining has existed before statehood - has witnessed these ups and downs over time but now is experiencing a rather rare phenomenon in the mining industry.Read full newsRead More
Higher-than-expected production levels from the new Fekola mine, along with low costs, are likely to boost B2Gold's (BTG) production, revenues, cash from operations and cash flow in the years ahead.Read full newsRead More
FAIRBANKS - When Randy Zarnke was first handed an unpublished memoir about a little-known Yukon and Chena River gold miner named Frederick James Currier, the book stood out to Zarnke,Read full newsRead More
TORONTO, Sept. 06, 2018-- McEwen Mining Inc. reports a resource update and announces the start of a new phase of drilling as part of its ongoing $5 million exploration program at the Gold Bar Property, ...Read full newsRead More
Thomas Hohne-Sparborth, senior economic analyst at Roskill, discusses with Proactive Investors the outlook for nickel sulphate. Nickel sulphate is the key ma...Read full newsRead More
The stock market is feeling the pressure of a number of bearish factors weighing on it as we press into the month of September.The technology sector was under selling pressure through the week, especially the social media stocks as the congressional hearings demanded more information on how their automated systems work to serve up and/or block content on their social networks and how they spot mat...Read More
CloseGain/LossOn WeekGold $1196.10-$3.60-0.25%Silver$14.15-$0.01-2.48%XAU63.04+0.21%-4.83%HUI136.23+0.63%-4.89%GDM498.25+0.31%-3.72%JSE Gold1018.76-6.68+2.26%USD95.39+0.33+0.32%Euro115.61-0.65-0.39%Yen90.15+0.09+0.07%Oil$67.75-$0.02-2.94%10-Year2.936%+0.056+2.59%Bond143.34375-1.03125-0.95%Dow25916.54-0.31%-0.19%Nasdaq7902.54-0.25%-2.55%S&P2871.68-0.22%-1.03% The Metals: Gold gained $2.60 t...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort199,762213,25955,455168,732162,207423,949430,921Change from Prior Reporting Period -7,6082,826-5,3693,151-11,636-9,826-14,179Traders163107815447255199 Small Speculators (C) GoldSeek.com LongShortOpen Interest 49,16942,197473,118 3,6618,014-6,165 non reportable positionsChange...Read More
News, Market Updates, Charts and Videos You May Have MissedHere is our Friday digest of the important news, market updates, charts and videos we covered this week.The crisis in emerging markets deepened this week with currencies around the world collapsing in value and gold reaching new record highs in these fiat currencies. Equity indices in emerging markets have seen sharp drops and now develo...Read More
"@Veer30287330 The long term Picture of $silver is for the most part, UGLY. The spot support for silver is 13.63 (plus or minus 30 cents).A monthly close below there & channel line at 11-12 would be activated.In other words,it could reach that area.It's 50 away from a 10 year low now"Read full newsRead More
"Medical Marijuana Market Growing at a CAGR of 8% and will reach $169 million in Next Five Years #marijuana #stocks #medicalmarijuana #cannabis https://t.co/IhxoiYo8Yd"Read full newsRead More
"Heading to #Vancouver this month? Check out these business conferences while you are there! #Vancouverevents #metandgreet https://t.co/VmEO8rziEw"Read full newsRead More