Other than crude oil, none of the financial markets have reacted to Iran's nuclear deal cancellation news. The Bank of England (BOE) meeting today can provide the impetus for a trend change in currency markets as well as precious metals. Sterling can rise just before the BOE meeting or just after the BOE meeting. However if sterling falls after the BOE meeting gold will also crash. Right now g...Read More
Junior explorer Megastar Development (TSXV: MDV) announced today that it has signed a Definitive Option Agreement with Paradex, a private American mining exploration company, and Minera Zalamera, a private Mexican mining exploration company, to acquire 100% interest in the mineral concessions known as the Rama de Oro project located in the state of Oaxaca, southern Mexico.In a press release, Megas...Read More
The cryptocurrency market has rebounded over the past 24 hours, as the bitcoin (BTC) price gained about 3%, while other major cryptocurrencies such as Ethereum (ETH) and Bitcoin Cash (BCH) recorded bumps in the 3 to 8% range. The current price levels give bitcoin a total market ...Read full newsRead More
In an official event that included Canada's Prime Minister, Justin Trudeau, Qu?(C)bec's Premier, Philippe Couillard, and Apple's CEO, Tim Cook, Alcoa (NYSE: AA) and Rio Tinto (ASX, LON:RIO) announced the launching of Elysis, a joint venture company whose goal is to push towards commercial production a newly discovered, carbon-free aluminum smelting process.At the event, executives from the compani...Read More
The U.S. International Trade Commission said on Thursday it had made a preliminary finding that U.S. producers were being harmed by imports of steel automotive wheels from China.The decision follows an announcement last month by the U.S. Commerce Department that it had opened an investigation to determine if certain steel wheels from China are dumped in the United States and whether producers in C...Read More
No miners were hurt in a fire that broke out on Thursday at Russia's Raspadskaya coal mine, steelmaker Evraz said.Evraz, which controls Raspadskaya, said all miners had been evacuated and that the blaze is thought to have started in the mine's technical equipment.Local authorities in Russia's Kemerovo region, where the mine is located, told Interfax news agency that 195 miners had been working at...Read More
Bitcoin enthusiast Michael Novogratz says every investor should buy cryptocurrencies (File Photo) Earlier today, Galaxy Digital Capital Management and Bloomberg announced the launching of the Bloomberg Galaxy Crypto Index (BGCI). The new index tracks some of the largest virtual currencies t...Read full newsRead More
PR NewswireNEW YORK, May 10, 2018NEW YORK, May 10, 2018 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities,today announced Sailfish RoyaltyCorp. (TSX-V: FISH; OTCQX: SROYF), a yield-focused royalty company...Read full newsRead More
ML Gold Corp (TSXV:MLG) is pleased to announce a non-brokered private placement to raise total gross proceeds of CDN$1,000,000. The Company will issue 4,000,000 non flow-through units at $0.10 per unit (for gross proceeds CDN$400,000) and 5,000,000 flow-through units at $0.12 per unit (for gross proceeds of CDN$600,000). Each non flow-through unit at $0.10 comprises one common share in the capital...Read More
Youga and Balogo addition boost volumesRead full newsRead More
CMX Gold & Silver Corp. (CSE:CXC; OTC:CXXMF) has entered into an option with Elk Exploration Ltd. to acquire 3 Licenses containing 720 acres representing the balance of land located within our Bass River concessions as outlined in the photo below.Read full newsRead More
Comstock Metals (TSXV:CSL) ('Comstock' or the 'Company') wishes to provide a correction to the information contained in its management information circular for the 2018 annual and special meeting of shareholders to be held on May 16, 2018.Read full newsRead More
Brien Lundin: Hi. This is Brien Lundin and I'm on the phone right now with my long-time friend, Marin Katusa, and we are discussing today's gold market. What's going on in gold, where gold is going, and the best ways that investors can capitalize on the trends that we see developing.So, Marin, wha...Read full newsRead More
Mr. Stephen Nano reportsMIRASOL IDENTIFIES HIGH-GRADE SILVER MINERALIZATION AT VIRGINIAProspecting and reconnaissance mapping have resulted in the discovery of new high-grade silver mineralization at Mirasol Resources Ltd.'s 100-per-cent-owned Virginia project in Santa Cruz, Argentina.High-grade rock chip assays results have been returned from the recent sampling program.These results add explorat...Read More
Mr. Michael Williams reportsVENDETTA COMMENCES FIELD PROGRAM AT THE PEGMONT LEAD-ZINC PROJECT AND PROVIDES CORPORATE UPDATEVendetta Mining Corp. has commenced the 2018 field program at the Pegmont lead-zinc project in Queensland, Australia.The objectives of the 2018 drilling program are:To expand the high-grade lead-zinc mineralization at Bridge zone;Develop a mineral resource around the high-grad...Read More
...the Minister of State and Labor, said, it is "a worrisome sanitary situation."Read full newsRead More
"This will be bad news for criminal gangs, terrorists and those who are just trying to cheat on their tax or get a discount for letting someone else cheat on their tax...It's not clever. It's not OK. It's a crime."Read full newsRead More
Golden/Denver Colorado May 9, 2018 - The mining industry faces enormous challenges. Scarceness of resources, slowing economic growth in territories with the highest demand for metals and minerals, and the need for data collecting are just a few of many issues faced. Adding to this, the industry is under continuous pressure to step up in the CSR game and minimize its footprint."To turn all these c...Read More
London, 10 May 2018 - Randgold Resources said today its 2018 production guidance remained intact despite a softer first quarter in which it contended with multiple challenges.Following the full commissioning of its underground mine, Kibali in the Democratic Republic of Congoincreased quarterly production by 22% compared to the corresponding quarter of the prior year and is on track to achiev...Read More
(Bloomberg) - Randgold Resources Ltd. is confident that talks with the Democratic Republic of Congo will lead to a compromise on the country's new mining rules which risk hurting producers' profits.Miners including Glencore Plc and Randgold have asked the government to dial back aspects of the legislation approved by President Joseph Kabila in March. They argue the new code will drive investors a...Read More