CloseGain/LossGold $1311.80-$2.60Silver$16.49+$0.01XAU82.38-0.35%HUI180.27-0.50%GDM632.77+0.05%JSE Gold1090.34+12.48USD93.12+0.02Euro118.51-0.14Yen91.21-0.48Oil$71.14+$2.0810-Year3.005%+0.031T-Bond142.53125-0.84375Dow24542.54+0.75%Nasdaq7339.91+1.00%S&P2697.79+0.97% The Metals: Gold fell $9.60 to $1304.80 in Asia before it climbed up to $1317.30 in late morning New York trade and then drif...Read More
Gold now has limited downside (20%) but substantial upside (650%)Gains on gold are likely to come at a time when stocks are crashingInvestors and savers without an allocation to gold will be wiped outTime to consider saving in physical gold? Editors noteby James Rickards, Daily ReckoningFollowing the Panic of 1907, John Pierpont Morgan was called to testify before Congress in 1912 on the subject...Read More
The GFMS metals research team released its World Gold Survey, predicting an annual gold price performance that has not been seen in five years.Read full newsRead More
"$FPX FPX Nickel says nickel prices will continue to rise after years of being in oversupplyhttps://t.co/w7jQ6jxer3 via @TheStockTube @FPX_Nickel #FPX #brighterir #AndrewScottTV #christicorrado #Doporto #stevedarling #CapitalNetwork1"Read full newsRead More
Information made public by the Canadian Broadcasting Corporation states that management at Dominion Diamond Mines is worried about the profitability of its Ekati mine, located in the Lac de Gras region of the Northwest Territories, approximately 300 kilometers northeast of Yellowknife.The CBC quotes an official who said that, given such concerns, construction of a new open pit at the mine has been...Read More
Pacton Gold Inc. (TSXV: PAC, OTC: PACXF) (the 'Company' or 'Pacton') is pleased to announce that it has closed its previously announced brokered private placement for gross proceeds of $5,550,500 (the 'Offering'). Sprott Capital Partners acted as lead agent, on behalf of a syndicate of agents including Red Cloud Klondike Strike Inc. (collectively, the 'Agents...Read More
North American gold-backed exchange traded funds saw inflows in April at the highest since September 2017, as a U.S.-China trade war stand-off, tensions over Syria and worries over possible U.S. sanctions on Russia ushered in safe-haven purchases.This happened amid a strong U.S. dollar and expectations for the U.S. Federal Reserve to increase interest rates, which makes dollar-priced gold a less a...Read More
Mines and Money Daily Issue 37 Onsite report from Mines and Money New York. by Andrew Thake, Mines and Money This year's Mines and Money New York kicked off on Tuesday.Read full newsRead More
World's largest stock exchange, the NYSE, is planning to build a proper cryptocurrency trading platform for investors. (File Photo) The New York Times has reported that the New York Stock Exchange (NYSE) and its parent company, the International Exchange (ICE) are currently wor...Read full newsRead More
Angkor Gold (TSXV:ANK, OTC:ANKOF) ("Angkor" or "the Company") the "Company") a leading Canadian gold and copper mineral explorer in Cambodia, is pleased to announce that it is proceeding with a financing for up to CDN $2 million in unsecured convertible notes of the Corporation (the 'Notes').Read full newsRead More
Iran's gold demand will probably be "strong" for the next few months and then gradually decline as U.S. sanctions start to take effect, according to the researcher who covers the country for Metals Focus Ltd.Read full newsRead More
Iran's gold demand will probably be "strong" for the next few months and then gradually decline as U.S. sanctions start to take effect, according to the researcher who covers the country for Metals Focus Ltd.Read full newsRead More
Japan Gold (TSXV:JG) ('Japan Gold' or the 'Company') is pleased to announce updates to the Company's website, which will provide a detailed summary of all of Japan Gold's projects include project highlights, historical data, exploration potential, recent work and exploration plans, where applicable.Read full newsRead More
Fremont Gold Ltd. (TSXV: FRE) (FSE: FR2) (OTC Pink: USTDF)('Fremont' or the 'Company') is pleased to announce that it has commenced a five-hole drill program totalling a minimum 1000m at Gold Bar and Gold Canyon in northern Nevada (see Fremont news release dated March 5, 2018).Read full newsRead More
The potential to become wealthy often means investing in an enterprise when it is small and waiting for the entity to grow large. For this reason, many investors are willing to take chances on what they believe to be hot penny stocks.Investors in these stocks often lose everything … but they can also end up earning massive profits from a small amount of investment capital. For example, Book...Read More
A Tesla Model S burst into flames after aRead full newsRead More
Hard-line lawmakers celebrated President Donald Trump's decision to pull out of the Iran deal by burning a paper US flag and shoutingRead full newsRead More
African gold miner Randgold has ended a joint venture agreement in Mali with junior explorer Cradle Arc, Cradle Arc said on Wednesday, adding it would seek a new partner.Under the agreement begun in February 2016, Randgold held a 65 percent stake in the Kossanto West Gold Project licences, which will revert to Cradle Arc, now the 100 percent owner.Cradle Arc CEO Kevin van Wouw said Randgold had be...Read More
Kinross Gold Corp. is the latest miner to be hit by changing policies in Africa as governments seem increasingly willing to upend historic deals with foreign companies in their quest for more mining revenue.Mauritania's rejection of a key permit to expand a Kinross project, and a proposed mining code review in Ghana, dealt a double blow to the Toronto-based miner, sending its shares down the most...Read More
Mexican authorities have granted Canada's First Majestic Silver (NYSE:AG) (TSX:FR) their antitrust clearance to go ahead with its planned acquisition of fellow miner Primero Mining (TSX:P), in a cash and stock deal valued at $320 million, including debt.The approval was the final government agency's permission the parties required to close the deal, Primero said in a statement.With the friendly...Read More