Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort185,32173,90550,712164,024298,371400,057422,988Change from Prior Reporting Period -8,331-4,617-2,230-7,337-9,679-17,898-16,526Traders18779744454260182 Small Speculators LongShortOpen Interest 50,58427,653450,641 -843-2,215-18,741 non reportable positionsChange from the previous...Read More
Next week is a very big week for the global financial markets due to:1. FOMC meet on 13th June2. Trump-Korean Leaders meet in Singapore on 12th June3. European central bank meeting on 14th June Plus the regular US economic data releases. Economics and geopolitics will be clashing with each other next week. The soccer world is also there next week. Some of the funds from equiti...Read More
Investor and commentator Cory Fleck of the Korelin Economics Report says investors need to appreciate that there's more to investing than just mining and resources.Read full newsRead More
Metallis Resources Inc (TSXV:MTS) ("Metallis" or the "Company") is pleased to announce the launch of its Phase 1 2018 exploration program at its 100% owned Kirkham Property, prospective for multiple deposit types in the heart of Northwest British Columbia's prolific Eskay Camp.Read full newsRead More
What's the best way to deal with a teacher who comes into your school and starts threatening all the other teachers? Well if you're Liberal party leader, and Canada's Prime Minister, Justin Trudeau, the answer is to lecture the bullying teacher about how his approach isn't the way to get along with all the other teachers. If you're the bully, you're not going to listen to that, and instead, will r...Read More
Westonaria, 8 June 2018: Sibanye-Stillwater (Tickers JSE: SGL and NYSE: SBGL) is pleased to advise that on 5 June 2018, the Company was awarded the 'Global Resources and Commodities M&A Deal of the Year' under the large-cap segment at the 10th Annual M&A Atlas Awards gala function, held at the Intrepid Museum in New York for the US$2.2 billion acquisition of Stillwater Mining Company in the United...Read More
All financial figures are in Canadian dollars.CALGARY, Alberta, June 07, 2018 (GLOBE NEWSWIRE) - Suncor today announced that with the completion of major planned turnaround activities and strong production from growth projects, Q2 production to date averaged approximately 636,000 barrels per day (bbls/d) reflecting the significant planned turnarounds in the quarter, and exited May at approximately...Read More
Delegates from the 2018 AusIMM International Uranium Conference have urged state and federal governments to embrace uranium mining and actively discuss nuclear energy, at the 13th annual conference in this series, showcasing Australia's capability in the sector.The conference, held on June 5-6 in Adelaide, was attended by 110 industry, government and NGO representatives from around the world and d...Read More
Restaurant Brands International Inc’s (NYSE:QSR) Burger King has a new menu item.Source: ShutterstockThe new item on Burger King’s Menu are Pretzel Chicken Fries. This is a new twist on the normal chicken fries that were already a part of the fast food chain’s offerings. The big difference this time around is that these chicken fries are covered in a pretzel breading.Burger King...Read More
The IMF has bailed out Argentina - again - this time with a $50 billion, 36-month stand-by loan, and coming in $10 billion more than rumored earlier in the week, it was the largest ever bailout loan in IMF historyRead full newsRead More
Battery cell maker Northvolt has begun building in Sweden what will be Europe's largest lithium-ion battery cell factory, as it received the environmental permit for phase one earlier this week.The company aims to reduce reliance on batteries from China and South Korea as European carmakers come under increasing pressure hurry up and catch onto the ongoing electric vehicles (EVs) boom.Batteries...Read More
June 8 (Reuters) - Real Gold Mining Ltd: * ZHANG YANCHUN TENDERED HIS RESIGNATION AS AN EXECUTIVE DIRECTOR AND CHIEF EXECUTIVE OFFICER Source text for Eikon: Further company coverage:Read full newsRead More
CARSON CITY - Gold production in Nevada increased more than 3 percent in 2017 compared to last year while gold prices were up slightly, according to reports released in MayRead full newsRead More
On Monday, the Michigan Department of Environmental Quality gave a final permit for the controversial Back Forty gold mine in Menominee CountyRead full newsRead More
Once again, gold stocks are struggling. The VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) and the VanEck Vectors Junior Gold Miners ETF (NYSEARCA:GDJX) both have dropped about 13% from January highs. Both ETFs are down YTD as well - with performance lagging the S&P 500.Read full newsRead More
The mine has been in the works for more than a decade.Read full newsRead More
Australia's Atlas Iron Ltd on Friday said Mineral Resources Ltd, which is trying to take over the iron ore producer, would allow Atlas to hold talks with other potential buyers.Atlas said Australian mining infrastructure group Mineral Resources had consented to waive certain clauses in a so-called scheme of arrangement for the potential takeover until June 22, allowing it to explore discussions wi...Read More
Unlike the other one-percenters of his age, John Mackay gained his countrymen's admiration. But in an ironic twist, it means he's little known todayRead full newsRead More
Katanga boasts one of Congo's biggest reserves of copper and cobalt, but it has underperformed for decades. (Image: Musonoie-T17 open pit mine. Courtesy of Katanga Mining.)Congolese-American businessman and convicted fraudster Charles Brown has brought back a lawsuit against Glencore (LON:GLEN) the company considered dead, becoming the third court challenge the mining and commodities giant faces...Read More
Early summer is the weakest time of the year seasonally for gold, silver, and their miners' stocks. With traders' attention diverted to vacations and summer fun, their precious-metals interest and investment demand wane considerably. Thus this entire sector, and often the markets in general, suffer a seasonal lull this time of year. But these summer doldrums offer the best seasonal buying oppo...Read More