CloseGain/LossGold $1311.40+$6.90Silver$16.42+$0.05XAU82.38+0.56%HUI181.31+0.40%GDM631.85+1.07%JSE Gold1146.25-8.48USD92.46-0.35Euro119.90+0.49Yen91.56+0.36Oil$68.43+$0.5010-Year2.946%-0.030T-Bond143.5625+0.3125Dow23930.15+0.02%Nasdaq7088.15-0.18%S&P2629.73-0.23% The Metals: Gold gained $13.50 to $1318.00 in London before it pared back in New York, but it still ended with a gain of 0.53%....Read More
- Gold demand globally -7% in Q1, 2018 - Gold Demand Trends (WGC)- Gold ETF demand fell sharply year on year from very high levels but had 5th consecutive quarter of inflows- Investment demand was strong in the US where ETF holdings rose another 32.4 tonnes as "stock market volatility sparked US inflows"- Store of value bullion coin and bar demand fell 15% as reported Chinese, German and America...Read More
Workers at Peru's La Oroya polymetallic smelter are in talks with more than two companies interested in partnering with them to restart operations at the nearly 100-year-old plant, a union leader said on Thursday.La Oroya had been operated by Doe Run Peru, a unit of the U.S.-based Renco Group, from 1997 until the company went bankrupt in 2009 and its assets were transferred to a group of former cr...Read More
Paris City Council passed a motion last night where its members ask the CEOs of the world's largest insurance and reinsurance companies to stop insuring coal projects.The call comes just a few weeks before an annual meeting to be held in the City of Light from May 30 to June 2, 2018, and which is expected to be attended by representatives of the most important insurance companies on the planet. In...Read More
China opens trade in Dalian iron ore futures to foreign investors from Friday, aiming to boost its pricing clout for one of its top imports and hoping traders will take a market notorious for retail speculators more seriously.Iron ore is the second commodity China is opening to outside investors after launching crude oil futures in late March. Unlike crude oil, though, the iron ore contract on the...Read More
Mine operator Sibanye-Stillwater said five of 13 miners trapped underground in a South African gold mine were rescued but one of the five had died.Thirteen miners were trapped underground at the company's Masakhane mine west of Johannesburg earlier on Thursday after an earthquake that measured 2.2 caused a cave-in.Sibanye-Stillwater said two employees were taken to a hospital and were in stable co...Read More
Alistair Hewitt, head of market intelligence at the World Gold Council tells Proactive Investors gold demand in 2018 got off to a quiet start reaching just 973 tonnes - the lowest quarter since 2008.He says demand for gold in the technology sector however continued to improve.The wireless sector was a key area of growth as 3D sensors for facial recognition were increasingly used in smartphones, ga...Read More
Velocity Minerals Ltd. (TSXV:VLC) ('Velocity' or the 'Company') announces the closing of the first tranche of its non-brokered private placement announced on March 22, 2018 (the 'Financing').Read full newsRead More
As a rule of thumb, I try to stay away from the sub-$5 category when it comes to cheap stocks.After all, companies don’t go public with a share price below $5. Thus, if a stock is trading below $5, that means investors have sold it off to be below $5. That usually means there is something really wrong with the underlying growth story, the valuation, or both.For this reason, finding a winner...Read More
Canadian junior moves on promising VMS targetRead full newsRead More
Renforth Resources (CSE:RFR) ("Renforth" or the "Company") is pleased to announce that an earn-in option has been granted to Chalice Gold Mines Limited ("Chalice") of Western Australia on the Denain-Pershing Property.Read full newsRead More
Written by Jessica Black Livingston (Senior Associate), Ann Stanton (Associate), and Andrew Nussbaum (Associate)Driverless trucks. Conductorless trains. Mines run by cell phone networks. Autonomous technologies such as these are taking miners out of mines, driving efficiency, and changing the way the mining industry operates.Mining companies across the world are rapidly adopting the latest automat...Read More
Wallbridge Mining Company Ltd. (TSX:WM, FWB:WC7) ('Wallbridge' or the 'Company') is pleased to announce the closing of its previously announced non-brokered private placement through the issuance of 28,518,657 common shares ('Shares') of the Company at a price of C$0.07 per Share for gross proceeds of $1,996,306 (the 'Offering'). No finder fees or commission...Read More
Jim MIllen, Physiomics Plc's chief executive, explains how the trend towards personalised medicines will aid the commercialisation of its virtual tumour software.UK development agency Innovate has given the group two grants to help with research in the area.That follows deals with two large pharmaceutical companies and a biotech this year for the cancer modelling software.Physiomics had already an...Read More
Source: Streetwise Reports 05/02/2018Eric Zaunscherb, an analyst with Canaccord Genuity, reviewed the updated resource at this company's Newfoundland asset.A May 1 research note from Canaccord Genuity reported that Marathon Gold Corp. (MOZ:TSX; MGDPF:OTC.MKTS ) released an updated resource on its Valentine Lake gold project in Newfoundland. "The overall resource was increased to 2,137,400 ounc...Read More
Osprey Gold Development Ltd. (TSXV:OS, OTCQB:OSSPF) is pleased to announce the commencement of its 2018 exploration programs on the ground in Nova Scotia, Canada.Read full newsRead More
Ely Gold Royalties Inc.(TSXV:ELY, OTC:ELYGF) ('Ely Gold') through its wholly owned subsidiary, Nevada Select Royalty, Inc ('Nevada Select') is pleased to announce that it has entered into a definitive sale agreement with Renntiger USA, a Nevada corporation and a wholly owned subsidiary of VR Resources Ltd ('VR Resources'), a British Columbia corporation listed on the...Read More
Gloo Networks Plc (LON:GLOO) shares advanced 18.5%, trading at 45.62p, after the company said it would return all its remaining capital to shareholders as part of a voluntary liquidation of the company.Shares in Midatech Pharma Plc (LON:MTPH) slumped 21.5%, to 36.11p, but, the company issued a statement saying that it was "not aware of any reason for the price movement."Anglo African Oil & Gas...Read More
Avrupa Minerals (TSXV:AVU) is pleased to present an update on the Alvito Project in South Portugal.Read full newsRead More
Leadville, CO. April 30, 2018: 2018 National Mining Hall of Fame Inductees - The National Mining Hall of Fame and Museum (NMHFM) announced today the 2018 National Mining Hall of Fame inductees. This year's inductees, selected by the National Mining Hall of Fame's Board of Governors, represent exploration, extraction, management, education, and research and development in the U.S. mining industry....Read More