Underground mine development is on schedule and at planned rates, Lundin Gold ( TSX: LUG) expects to reach the ore body at its Fruta del Norte project in Ecuador during the first quarter of 2019, and pour first gold at around this time next year, the company says.Better than anticipated ground conditions, less water than expected and higher productivity of project contractors, have enabled Lundin...Read More

Permitting at Sandfire Resources' (TSXV: SFR; US-OTC: SRAFF) Black Butte copper project in Montana has been delayed by a new statewide standard for nitrogen during the growing season.The company says it will expand its mine plan to include a treated water reservoir that can meet Montana's new pollution standards year round. It has to add the information to its draft environmental impact statement...Read More

WASHINGTON - The United States on Friday said it was postponing the enforcement of sanctions on Russian companies, Rusal and Gaz PAO for nearly four weeks as their top shareholder works on a plan to cut his stakes.U.S. authorities had given Russian tycoon Oleg Deripaska until Dec. 12 to reduce his holdings in the three companies but said in a statement that the deadline had been moved to Jan. 7, 2...Read More

JOHANNESBURG - Gold Fields said on Friday third quarter production was down 3 percent, with its last South African asset, South Deep, weighing on total output.Gold production for the quarter ended Sept. 30 from continuing operations dropped to 533,000 ounces from 552,000 in the same period last year, with the struggling mine producing 50,000 ounces during the quarter.South Deep has faced numerous...Read More

Star Diamond Corporation (TSX: DIAM)today announced that Rio Tinto Exploration Canada ("RTEC") commenced an HQ core drilling program on 11 holes and 3,300 metres of drilling on five kimberlites.This program is the first phase of drilling of the Brownfields exploration program to investigate and prioritise the Fort ? la Corne kimberlites outside of the Star and Orion South kimberlites The core dri...Read More

BloombergFed Chairman Jerome Powell The Federal Reserve on Thursday held interest rates steady while signaling that it will stay the course and move rates up at a gradual pace in coming months. As expected, the Fed kept its benchmark target for rates unchanged in a 2% to 2.25% range. In November, the central bankers left the core of its prior, upbeat, policy statement unchanged. With jobs gains "...Read More

McClellan Financial Publications, IncPosted Nov 11, 2018November 08, 2018I was asked recently about the upcoming “grand solar minimum”, and whether it means anything for the stock market. This is something I have looked at, and the answer is that I wish it was more meaningful than it really is.Solar minimum is when the sunspot count bottoms out as the sun goes quieter. The sunspot cycl...Read More

Paramount Gold (PZG) owns a 100% interest in the Grassy Mountain Gold Project in eastern Oregon and a 100% interest in the Sleeper Gold Project in northern Nevada. PZG acquired Grassy Mountain (GM) in July 2016 via the acquisition of Calico Resources for $15 million in PZG shares. GM has a total resource of 1.65 million ozs of gold (mostly measured) and 4.96 million ozs of silver. Of this, 504k o...Read More

The Detour Lake Mine in northern Ontario. Source: Detour Gold Corp.Detour Gold Corp. [DGC-TSX] dissident shareholder Paulson & Co. Inc. on Friday November 9 released a list of questions it believes the company should address in the circular it files for the upcoming special meeting of shareholders on December 11, 2018. Today is the record date for the meeting.The questions are intended to ensu...Read More

The San Francisco open pit mine in Sonora, Mexico. Source: Alio Gold Inc.Alio Gold Inc. [ALO-TSX, NYSE] is looking at several options for its San Francisco gold-silver mine in Mexico to reduce mining dilution in 2019, including a temporary suspension of mining while leaching and processing of low-grade ore from stockpiles continues.Shares of Alio closed down 9% on November 8, 2018, the date of the...Read More

A BMO Capital Markets report assessed this project following a site visit. In a Nov. 7, 2018, research note, analyst Andrew Kaip reported that the overall impressions from BMO Capital Markets' site visit to Newmont Mining Corp.'s (NEM:NYSE) Tanami project in Australia's Northern Territory are that it is "a great success that keeps getting better," it is "quickly heading to tier 1 status" and it...Read More

Sector expert Michael Ballanger muses on the forces at play on the markets and precious metals, and also mentions uranium. Back in the 1960s, from time to time, many of my elementary school classmates would have great difficulty paying attention to the teacher. It would usually take the form of doodling with a pencil, drawing prepubescent renditions of monsters or hot rods or animals. The polite...Read More

This free e-book offers options basics for any trader.It's essential for every trader to occasionally take a step back, and consider their long-term trading goals.Some traders aretrying to fund a child's college education, augment their own retirement, or leave the daily 9-to-5 grind once and for all, while others are seeking a way to smooth out crazy market volatility and whipsaw swings in their...Read More

Is it time to prepare for the next financial crisis?Something strange is going on in the financial system.And according to The Wall Street Journal, it's causing some investors- including the biggest banks in the world- to move massive amounts of money out of the banking system.What exactly is going on?Former hedge fund manager, Dr. Steve Sjuggerud, one of the most widely-followed financial analys...Read More

US mid-term elections are behind us. Surprisingly,both parties won! How is it possible? Let’s read our article and find out! Wewill also explain what the election results imply for the world and the goldmarket.DemocratsWinThe elections were very interesting. We provide youwith the key takeaways, focusing on the possible implications for the preciousmetals. First, Democrats took control ofthe...Read More

Gold and silver prices dropped Friday, prompting the yellow metal to suffer a 2% weekly loss, nicked by a firmer dollar that has been bolstered by the Federal Reserve's adherence to an interest rate-tightening cycle. Sharp losses for stocks for the session, which are partly tracking the plunge into a bear market for oil, failed to limit gold's downside even as a so-called risk-off sentiment contr...Read More

* Sirisena calls election for Jan. 5* Political crisis deepens after dissolution of parliament* Western nations concerned about instability* President sides with pro-China strongman (Updates with comment from the EU)By Shihar Aneez and Ranga SirilalCOLOMBO, Nov 10 (Reuters) - Sri Lanka President Maithripala Sirisena's decision to dissolve parliament, worsening an already major political crisis, ha...Read More

By Benet KolekaNov 10 (Reuters) - Albania's government picked a group led by India Power DPSC.NS Corporation Ltd. to build the Adriatic country's first solar power station worth 70 million euros ($79.34 million) with a capacity of 100 MW, the Energy Ministry said on Saturday.The offer by India Power, Mining Resources FZE based in the United Arab Emirates and the Hong Kong-based Midami Ltd. was the...Read More

NEW DELHI, Nov 10 (Reuters) - -- Source link: https://bloom.bg/2JZlhGV -- Note: Reuters has not verified this story and does not vouch for its accuracyRead More

Nov 10 (Reuters) -For other diaries, please see:Top Economic EventsM/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt AuctionsD/DIARYPolitical and General NewsPOL/DIARYU.S. Federal ReserveFED/DIARYToday in WashingtonWASH/DIARY ----------------------------------------------------------- This Diary is filed daily. ** Indicates new events -----------------------------------------------...Read More