TSX VENTURE: RYRwww.royalroadminerals.com Mr. Tim Coughlin reports:Toronto, Ontario--(Newsfile Corp. - January 24, 2018) - Royal Road Minerals Limited (TSXV: RYR) ("Royal Road Minerals" or the "Company"), a gold and copper focused mineral exploration and development company, is pleased to announce that it has entered into a subscription agreement (the "Subscription Agreement") dated January 23, 20...Read More
TSX VENTURE: FCCwww.firstcobalt.com Mr. Trent Mell reports:TORONTO, Jan. 24, 2018 /CNW/ - First Cobalt Corp. (TSX-V: FCC, ASX: FCC, OTCQB: FTSSF) (the "Company") is pleased to announce a research program to identify regional controls for cobalt-silver mineralization in the Cobalt Camp, Ontario. This is the latest of a series of initiatives to bring research and innovation into the 110-year old min...Read More
TSX VENTURE: BGMwww.barkervillegold.com Mr. Chris Lodder reports:TORONTO, Jan. 24, 2018 (GLOBE NEWSWIRE) -- Barkerville Gold Mines Ltd. (TSXV:BGM) (the "Company" or "Barkerville") is pleased to announce additional drilling results from the 2017 Phase II Island Mountain exploration and infill drilling program at the Company's flagship Cariboo Gold Project. The Company is currently explo...Read More
TSX: SOLGwww.solgold.com.au Mr. Nicholas Mather reports:Bishopsgate, London (FSCwire) - The Board of SolGold (AIM code: SOLG) is pleased to provide an update on exploration at its 100% owned Timbara Project, in Southern Ecuador. The prospect is held in the 100% owned subsidiary Green Rock Resources ("Green Rock").HIGHLIGHTS:Two new outcrops of porphyry style copper mineralisation discovered at the...Read More
TSX: VGZwww.vistagold.com Mr. Frederick Earnest reports:DENVER, Jan. 24, 2018 /CNW/ -- Vista Gold Corp. ("Vista" or the "Company") (NYSE American and TSX: VGZ) today announced the positive results of an updated preliminary feasibility study (the "PFS") for its Mt Todd gold project ("Mt Todd" or the "Project") in Northern Territory, Australia. The PFS is based on the results of a comprehensive revi...Read More
Anglo American (LON:AAL) may no need to shut its massive Minas Rio in Brazil after all, since the company expects authorities for the state of Minas Gerais, where the iron ore operation is located, to issue the long-awaited permits this month.According to O Petr??leo (in Portuguese), the company said it was confident it would receive approval by Friday. It would, however, still need an operating l...Read More
Shares in Chilean miner Antofagasta Plc. (LON:ANTO) plummeted Wednesday after the company reported marked drops in gold and copper output during the last quarter of 2017, which weighted on full-year production.Gold production fell to 212,400 ounces in 2017, a dramatic 21.6% decreased when compared to the previous year. In the fourth quarter alone, output of the precious metal reached 40,500 ounces...Read More
Barrick Gold (TSX, NYSE:ABX), the world's top bullion producer by volume, has agreed to buy a 12.5% stake in fellow Canadian miner Royal Road Minerals (TSX-V:RYR) in a shares-deal worth about Cdn$1.6 million (roughly $1.3 million at today's rates).The transaction will see Barrick acquire 9,875,876 ordinary shares of Royal Road in a non-brokered private placement at a price of $0.16 per unit for t...Read More
The United States' top securities regulator has rejected arguments by Rio Tinto (LON:RIO) and two former top executives that its civil lawsuit claiming they tried to cover up multi-billion losses on a coal investment in Africa should be dismissed.Last week, the company, its former chief executive Tom Albanese, and its ex finance director Guy Elliott moved to have the case dismissed, arguing that t...Read More
https://www.reuters.com/NEW YORK (Reuters) – The top U.S. securities regulator on Tuesday rejected arguments by Rio Tinto Plc and two former top executives that its civil lawsuit claiming they concealed the plunging value of coal assets owned by the big Anglo-Australian mining company should be dismissed.In letters filed with the U.S. District Court in Manhattan, the Securities and Exchange...Read More
Published on: Jan 24, 2018 | by Meagan EvansNorthern Cobalt (ASX:N27) this morning announced that it has been granted an additional five tenements covering ground prospective for cobalt at the Wollogorang Cobalt Project in the Northern Territory.The new tenements surround the company's existing three tenements and lift its tenure at the project from 1131 square kilometres to 4986 square kilometres...Read More
Aston Bay Holdings Ltd. (TSX.V: BAY) is exploring for large, high-grade, sediment-hosted copper and zinc deposits in Nunavut, a mining-friendly Canadian jurisdiction. Aston Bay is 100% owner of the 1,024,345-acres (414,537-hectares) Aston Bay Property, located on western Somerset Island, Nunavut, which neighbors Teck's profitable past-producing Polaris Mine just 200km to the north. The Aston Bay p...Read More
A couple of days ago the White House announced that the President issued a 30 percent tariff on imported solar cells and modules, citing unfair competition from the Middle Kingdom.Today, thanks to very generous, and likely unsustainable subsidies, China produces about 60 percent of the world's solar cells and 70 percent of the world's solar modules.That being said, it should be noted that only abo...Read More
This is the worst chart on the internet. It stinks.It's a worthless economic clich?(C). Actually, it's the constantly recurring Shiller P/E (CAPE) ratio chart.It is special because Bob Shiller won a Nobel Prize five years ago, and he uses a cyclically adjusted P/E ratio that includes inflation from the previous 10 years.Here it is:Yes, it looks like this chart is high. If you believe in regression...Read More
The FBI Trump investigation is perfect fodder for the mainstream media. It fits the right versus left paradigm like a glove.It gives each side everything they desire. An enemy to hate. Someone to blame. And a good show.For the right, the text messages between agents on the investigation team prove that there was an anti-Trump bias. They feel vindicated in their choice of Trump. If he wasn’t...Read More
The FBI Trump investigation is perfect fodder for the mainstream media. It fits the right versus left paradigm like a glove.It gives each side everything they desire. An enemy to hate. Someone to blame. And a good show.For the right, the text messages between agents on the investigation team prove that there was an anti-Trump bias. They feel vindicated in their choice of Trump. If he wasn’t...Read More
CloseGain/LossGold $1341.00+$6.40Silver$17.05+$0.04XAU89.91+1.81%HUI202.74+2.57%GDM673.84+1.55%JSE Gold1265.07-3.70USD90.12-0.27Euro122.98+0.38Yen90.79+0.69Oil$64.47+$0.9010-Year2.646%-0.014T-Bond149.3125+0.625Dow26210.81-0.01%Nasdaq7460.29+0.71%S&P2839.13+0.22% The Metals: Gold gained $3.80 to $1338.40 in London before it dropped back to $1331.70 by midmorning in New York, but it then ext...Read More
- U.S. Senate pass a temporary spending plan through Feb. 8 to end shutdown- Markets shrug off both government shutdown and re-opening- Markets, government and media ignoring worsening US debt position- Gold responding positively to U.S. dysfunction, rising US Treasury yields & weaker dollar- U.S. government national debt is $20.6 trillion and increasing rapidly- 'Bonds, like men, are in a bea...Read More
Trade war and protectionism across the world should be bullish for gold, silver and other safe havens. US President Donald Trump slapped tariffs on imported solar panels and washing machines, his first major trade move. Chinese solar companies will be the looser. India had also imposed anti-dumping duty on Chinese solar panels. Every nation is following a "protectionism policy" under the garb of...Read More
FTSE 100 closes up 16ptsN Brown the biggest mid-cap faller after sales growth slowsIG and Marston's dip after their trading updateseasyJet flies to top of Footsie FTSE 100 closed in positive territory, up around 16 points, but miners sagged.The blue-chip benchmark finished up 0.21%, 16.39 points at 7,731, while FTSE 250 was also higher - up 16 points at 20,671.The US was having a c...Read More