Local media in the Democratic Republic of Congo are reporting the passing of at least 40 people following a landslide at an artisanal gold mine.The accident is said to have taken place in the town ofNyange, located in the eastern province of South Kivu. According to witnesses quoted by different websites, police, the armed forces and traditional chiefs, among other groups, are helping in the emerg...Read More
A new report issued by BMI research states that global bauxite production growth will accelerate over the coming years as new projects come online in Australia, India's production ramps up, and Indonesia re-enters the market following the end of the mineral ore export ban.According to the firm, Indonesia is bound to become a big player as it reclaims its share of bauxite exports to China. "We fore...Read More
Abraplata (ABRA.V) has released the final results of its Preliminary Economic Assessment on the 100% owned Diablillos silver-gold project in Argentina's Salta province. The company anticipates a production scenario of 9.8 million silver-equivalent ounces (or 136,000 gold-equivalent ounces) which would be produced at an all-in cost of $7.52 per silver-equivalent ounce ($542/oz AuEq) using a silver...Read More
This year's World Copper Conference was brought to you by the letters E and V. Standing for Electric Vehicles, of course.Tom Azzopardi in Santiago14 APRIL 201814/04/2018commentsshare Lithium and, more recently, cobalt have caught the attention of investors looking for exposure to the rush to electrify the world's transport system. But copper may be the commodity which benefits most from the slow d...Read More
Chile's Codelco plans to launch its new brand of sustainable copper cathode by early next year, the company's head of marketing has told Mining Journal in Santiago.Tom Azzopardi in Santiago14 APRIL 201814/04/2018commentsshare The state-owned mining company is developing a series of certifications for its operations based on their environmental and social qualities, such as their carbon footprint a...Read More
War is one of the most primitive and senseless manifestations of the human experience, so naturally, most sane people with families, ambitions and kind hearts want nothing to do with such things. Unfortunately, as we are seeing with the Syrian escalation, governments thrive on war, as it gives them a pressing excuse to grab more power and take extrajudicial measures-both at home and abroad.To get...Read More
Good IntentionsOne of the unspoken delights in life is the rich satisfaction that comes with bearing witness to the spectacular failure of an offensive and unjust system. This week served up a lavish plate of delicious appetizers with both a style and refinement that's ordinarily reserved for a competitive speed eating contest. What a remarkable time to be alive. It seemed a good idea at first....Read More
http://www.thetelegram.com/N.L. and Quebec seek to expand mining in Labrador TroughPremier Dwight Ball and Quebec Premier Philippe Couillard are sending a signal that the Labrador Trough is open for business for the mining industry.The provinces entered an agreement on Thursday to send a signal that they aim to work together on jurisdictional and geological information. One of the goals is to elim...Read More
It is pretty clear - in spite of threats of tariffs with China, in spite of threats of U.S. missile attacks in Syria, in spite of a long list of worries - that the financial powers are supporting stock prices going into the corporate earnings announcements that began Friday, as we head into the April 15th Tax Day weekend.Consequently, the major indexes are now challenging resistance levels again...Read More
War is one of the most primitive and senseless manifestations of the human experience, so naturally, most sane people with families, ambitions and kind hearts want nothing to do with such things. Unfortunately, as we are seeing with the Syrian escalation, governments thrive on war, as it gives them a pressing excuse to grab more power and take extrajudicial measures-both at home and abroad.To get...Read More
War is one of the most primitive and senseless manifestations of the human experience, so naturally, most sane people with families, ambitions and kind hearts want nothing to do with such things. Unfortunately, as we are seeing with the Syrian escalation, governments thrive on war, as it gives them a pressing excuse to grab more power and take extrajudicial measures-both at home and abroad.To get...Read More
Gold has risen more than 3 percent this year, buoyed by international tensions and volatility in equities, but has yet to emerge from a tight trading range in the face of an expectation for rising U.S. interest rates, traders say.Read full newsRead More
Gold has risen more than 3 percent this year, buoyed by international tensions and volatility in equities, but has yet to emerge from a tight trading range in the face of an expectation for rising U.S. interest rates, traders say.Read full newsRead More
Blackrock Gold Corporation (the 'Company') (TSXV:BRC) is pleased to announce the appointment of Mr. Greg Schifrin as a Director of the company.Read full newsRead More
CloseGain/LossOn WeekGold $1344.40+$9.20+0.86%Silver$16.64+$0.16+1.71%XAU84.08+1.59%+3.12%HUI183.43+1.67%+3.29%GDM638.75+1.36%+3.68%JSE Gold1114.27+29.32-0.34%USD89.76-0.02-0.38%Euro123.40+0.13+0.46%Yen93.10-0.16-0.54%Oil$67.39+$0.32+6.06%10-Year2.822%-0.008+1.62%Bond145.5625+0.1875-0.32%Dow24360.14-0.50%+1.79%Nasdaq7106.65-0.47%+2.77%S&P2656.30-0.29%+1.99% The Metals: Gold gained $6.40 to...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort234,45779,08552,761166,796342,448454,014474,294Change from Prior Reporting Period -22010,9977504,188-9,0254,7182,722Traders18569724856264170 Small Speculators LongShortOpen Interest 45,57425,294499,588 1,7293,7256,447 non reportable positionsChange from the previous reporting per...Read More
- Gold & silver eke out small gains; palladium surges 8% and platinum 2%- Oil (WTI) surges over 8% to over $66.90/bbl; supply disruption risk- U.S. dollar and Treasuries fall; geopolitical, trade war and fiscal concerns- Stocks rally and shrug off trade war, macro and geo-political risks- Bitcoin, major cryptos (Ethereum, Ripple etc) rise sharply- Russia-US tensions high: Trump warns attack 'c...Read More
Colorado Sen. Cory Gardner previously said he would block all DOJ nominations because of a potential federal crackdown on states that have legalized marijuana.Read full newsRead More
Near-Term Gold Production in Finland's Lagoda RegionRead full newsRead More
Can Bitcoin reach $10k this week? What's happening with the major cryptos? The cryptocurrency market cap briefly clipped the US$300 billion mark on Thursday, a watershed event that occurred as the result of an apparent bear trap in the Bitcoin (BTC) futures markets. Bitcoin saw ...Read full newsRead More