This year has been a very difficult time for silver investors and miners. The white metal has fallen by over 16% since the start of 2018 to be trading at around US$14.60 per ounce, and there are signs that a recovery is a long way off.Nonetheless, this shouldn't deter investors from acquiring primary silver miner Pan American Silver Corp. (TSX:PAAS)(NASDAQ:PAAS). Recent developments indicate that...Read More
Note: New homes sales, based on the seasonally adjusted annualized rate metric, are down over 23% from their peak in November 2017. Pending home sales, which translate into existing home sales less canceled contracts (typically failed financing), are down on a year-over-year basis 11 out of the last 12 months. But it's not just interest rates, which aren't up much from their lows in the context of...Read More
The company has the Elandsfontein phosphate project on South Africa's west coast, is in the process of buying the Hinda phosphate project in the Republic of Congo and also has the rights to the Aflao prospect in Ghana. Elandsfontein is currently under care and maintenance after six weeks of operation in 2017, and needs around US$16 million to get back into production. The compa...Read More
The surprise was not in the results themselves from the four-hole program at the unnamed discovery, assumed to be the historic Oak Dam West anomaly.The surprise was that BHP announced t...Read More
"This gives them the ability to analyse and upload field data in real-time from the most isolated locations around Australasia," Inmarsat said in a statement.Imdex's (ASX: IMD) cloud-based hub aggregates and transmits field data from subsurface instrumentation and mobile units, allowing an automated and instant upload of the data to a company's headquarters.Imdex's general manager product developm...Read More
Endeavour Silver completed a total of 55 drill holes from surface on seven different vein targets as part of a program at its Bolanitos mine.Read full newsRead More
"Mining in Western Australia is one of the state's most important industries and it leads the nation in exploration and production activity, especially when it comes to gold and iron ore. https://t.co/SllYDx3lKV @NxGoldLtd #mining #gold #iron # #investing"Read full newsRead More
Chancellor Angela Merkel's plane had to turn around and land in Cologne after an hour in the air due to a defect. The plane has experienced several issues in the past few months.Read full newsRead More
"Metallis Hits 11.18 g/t Gold Over 7.7 Meters Including 137 g/t Gold Over 0.6 Meters at Cole Target @MetallisMTS https://t.co/UMuukpmUIK"Read full newsRead More
CloseGain/LossGold $1223.90+$3.70Silver$14.30-$0.01XAU64.80-1.11%HUI146.40-1.00%GDM534.77-0.25%JSE Gold1124.07+16.97USD96.78-0.05Euro113.89+0.18Yen88.30+0.17Oil$51.45+$1.1610-Year3.029%-0.032T-Bond140.21875+0.28125Dow25338.84-0.11%Nasdaq7273.08-0.25%S&P2737.80-0.22% The Metals: Gold gained $8.70 to $1228.90 by late morning in New York before it drifted lower in afternoon trade, but it stil...Read More
- Brexit no-deal would lead to "worst crash since 1930s"- Gold rose 0.6% in dollars and 1.2% in pounds today- UK economy could contract by 8%, house prices fall 30%, sterling fall 25% warns Bank of England- Sterling collapse would push Irish economy into recession- Carney's doomsday scenario sees the crippling of UK finances, the pound crashing and inflation soaring- BOE accused of "Project Fe...Read More
Gold and silver have just have formed a short term bottom after comments from the Federal Reserve chairman that interest rates are "just below" neutral range. This implies that the pace of interest rate hikes (after December) will be slower next year. This is just the catalyst needed for gold and silver bulls. The US dollar index should form a long term top over the next two weeks. Physical dema...Read More
"Mako Mining: Drilling at Las Conchitas confirms high grade gold mineralization, highlighted by 6.10 m of 16.48 g/t gold and 27.70 g/t silver https://t.co/vYhgOFFaTD"Read full newsRead More
The authorities in Democratic Republic of Congo will audit the supply chain for ...Read full newsRead More
"Ontario & Quebec accounted for more than 75% of mined gold production in Canada in 2017... Have a look at this article from Natural Resources Canada: https://t.co/hybRMaMWiz #mining #smallcap #stock $STH Look at Stelmine Canada's Quebec Properties: https://t.co/GXSNnoliX0"Read full newsRead More
"Do the attributes identified as most important for #miningexecutives match those you see in KPIs?Register for our free #GlobalLeadershipReport webinar and join the discussion: https://t.co/8t5UVEMo3i #leadership #mining @SwannGlobal"Read full newsRead More
German pharmaceuticals and chemicals giant, Bayer, announced plans to cut 12,000 out of 118,200 jobs worldwide, or roughly 1 in 10 jobs, in hopes of cutting costs and regaining investor favor after a series of legal setbacks over its purchase of Monsanto earlier this year.Read full newsRead More
Instead of reacting to what has been interpreted as the Fed Chair'sRead full newsRead More
"Sunvest Minerals Discovers New Significant Copper -Silver Mineralized Zone on the Clone Property, British Columbia @SunvestMinerals https://t.co/IUs4K7dV9U"Read full newsRead More