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Trimetals Mining loses $2.53-million (U.S.) in Q3 2018

November 14, 2018 / www.stockwatch.com

An anonymous director reportsTRIMETALS MINING INC. FILES THIRD QUARTER 2018 FINANCIAL STATEMENTS, MD&A AND ARBITRATION UPDATETrimetals Mining Inc. has released its condensed interim consolidated financial statements for the three and nine months ended Sept. 30, 2018, and the related management's discussion and analysis of financial position and results of operations. In this press release, all...Read More

Back To Reality

November 10, 2018 / www.outsiderclub.com

After Wednesday's market spike reaction to the midterm elections, institutional investors began to taper back on their buying Thursday and Friday, given overbought conditions that have developed.As I have been stressing to you, fundamentals are deteriorating, in spite of what you might be hearing on the news. With oil prices still dropping, this is going to surprise investors with a sharp pullback...Read More

Azarga Uranium almost doubles resource at Dewey Burdock

November 14, 2018 / www.mining.com

Azarga Uranium (TSX: AZZ; US-OTC: PWURF) has increased the in-situ recovery measured and indicated resource at its Dewey Burdock uranium project in South Dakota.The project now contains 6.8 million measured and indicated tonnes grading 0.113% uranium for 16.93 million lb. uranium, a 97% increase over the previous resource. The measured resource alone increased 234%, from 4.12 million lb. uranium...Read More

Silvercrest Metals appoints Beaudoin as COO

November 13, 2018 / www.stockwatch.com

Mr. Eric Fier reportsSILVERCREST APPOINTS PIERRE BEAUDOIN AS COOSilvercrest Metals Inc. has appointedPierre Beaudoin as chief operating officer for the company. Mr. Beaudoinwill dedicate his full attention to the development of the Las Chispas property, and, as such, he will be stepping down from the Silvercrest board in December.Mr. Beaudoin is a precious metal mining executive with more than 30...Read More

University of British Columbia students win World Mining Competition

November 14, 2018 / www.mining.com

UBC students Robert Fuerderer, Naman Shah, Emma Dodds and John Wei won first place at the World Mining Competition in Saskatoon, Canada in October.The World Mining Competition is the largest multidisciplinary mining undergraduate case competition in Canada.The world-class case describes the current situation of a fictitious company in the mining industry from the perspective of a decision maker....Read More

Paramount Gold Nevada Acquires Promising High Grade Gold Prospect Near Its Grassy Mountain Project in Eastern Oregon

November 14, 2018 / www.stockwatch.com

HISTORICAL DRILLING INCLUDES INTERCEPTS OF UP TO 20 G/T GOLD NEAR SURFACE FROST PROJECT 12 MILES FROM GRASSY MOUNTAIN, HAS SIMILAR GEOLOGICAL SIGNATURESWINNEMUCCA, Nev., Nov.14, 2018(GLOBE NEWSWIRE) -- Paramount Gold Nevada Corp. (NYSE American: PZG) ("Paramount") today announced that it has entered into an agreement with Nevada Select Royalty ("Nevada Select"), a wholly owned subsidiary of Ely G...Read More

Golden Ridge closes option deal with Barrick for 100% interest in Hank Project

November 14, 2018 / www.mining.com

Golden Ridge Resources (TSX-V: GLDN) has completed its option agreement with Lac Properties Inc. (LAC), a subsidiary of Barrick Gold Corporation, and now has a 100% interest in the Hank project in British Columbia's Golden Triangle District.LAC will continue to hold a 2% NSR on the project as well as certain back-in rights. LAC has the option to purchase a 51% interest in the Hank Project upon a m...Read More

Dow Drops Triple Digits for Fourth Day, Led By Apple, Travelers, Banks - TheStreet

November 15, 2018 / www.thestreet.com

Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average tumbled on Wednesday, the fourth straight day of triple-digit losses for the blue-chip index. Apple Inc. (AAPL)  and Goldman Sachs Group Inc. (GS) were the Dow's leading laggards.Macy's Inc. (M)  fell 7% even after the retailer posted stronger-than-expected third-quarter earnings and raised...Read More

Trimetals Mining loses $2.53-million (U.S.) in Q3 2018

November 14, 2018 / www.stockwatch.com

An anonymous director reportsTRIMETALS MINING INC. FILES THIRD QUARTER 2018 FINANCIAL STATEMENTS, MD&A AND ARBITRATION UPDATETrimetals Mining Inc. has released its condensed interim consolidated financial statements for the three and nine months ended Sept. 30, 2018, and the related management's discussion and analysis of financial position and results of operations. In this press release, all...Read More

Weak Global iPhone Sales Could Boost Gold's Safe-Haven Appeal - FXTM

November 14, 2018 / www.kitco.com

(Kitco News)- Negative sentiment continues to build around tech giantApple (Nasdaq: AAPL), and some analysts have warned that slower iPhone sales could havebroader implications on global growth that could benefit safe-haven assets like gold.In a report Tuesday, Hussein Sayed, chief market strategistat FXTM, said the little smartphone had a significant impact on U.S. grossdomestic product growth an...Read More

Pan American Agrees To Acquire Tahoe Resources For $1.07 Billion

November 14, 2018 / www.kitco.com

(Kitco News) -Pan American SilverCorp. (Nasdaq, TSX: PAAS), the world’s second-largest primary silver producer,will acquire Tahoe Resources Inc. (NYSE: TAHO;TSX: THO) in a $1.07 billionstock-cash deal announced by the two companies Wednesday.Officials said themerger will create the world’s largest publicly traded silver-mining companyand will have the world’s largest silver reser...Read More

Bannerman confident of 2019 uranium bull market amid spot price volatility

November 14, 2018 / tinyurl.com

Speaking at the Technology and Low Emission Minerals Conference in Perth, Bannerman chief executive officer Brandon Munro presented his company's strategy to take advantage of the early stages of a uranium bull market.He outlined the key factors investors need to look for to catch easy asymmetrical value at the beginning of a boom, noting the importance of a project's strategic appeal to sovereign...Read More

Silvercrest Metals appoints Beaudoin as COO

November 13, 2018 / www.stockwatch.com

Mr. Eric Fier reportsSILVERCREST APPOINTS PIERRE BEAUDOIN AS COOSilvercrest Metals Inc. has appointedPierre Beaudoin as chief operating officer for the company. Mr. Beaudoinwill dedicate his full attention to the development of the Las Chispas property, and, as such, he will be stepping down from the Silvercrest board in December.Mr. Beaudoin is a precious metal mining executive with more than 30...Read More

Wells Fargo turns positive on gold, here's how the firm sees it going

November 14, 2018 / www.cnbc.com

Stephanie Landsman| @stephlandsmanPublished 11 Hours AgoUpdated10 Hours AgoCNBC.com show chapters Wells Fargo turns bullish on gold, sees near-term gains    4:47PM ET Tue, 13 Nov 2018 |02:20 With gold trading around one-month lows, the Wells Fargo Investment Institute is getting bullish.John LaForge, the firm's head of real asset strategy, sees gold regaining its luster and deliv...Read More

MJP aluminium stocks down 1% in October vs September, Marubeni says

November 15, 2018 / www.metalbulletin.com

Primary aluminium stocks at the three main Japanese ports (MJP) of Osaka, Nagoya and Yokohama slipped 1% month on month in October, according to the latest data from major Japanese trading house Marubeni Corp. The data, which was published on Wednesday November 14, also shows that total aluminium stocks at the three ports came to 317,300 tonnes at the end of last month.  On a y...Read More

GLOBAL NICKEL WRAP: Nickel premiums flat worldwide

November 15, 2018 / www.metalbulletin.com

Nickel premiums in China, the United States and Europe remained unchanged over the week amid limited activity, an unstable import window in Shanghai and participants' absence from the market. An open but unstable import window kept premiums in Shanghai flat Subdued activity in the US nickel market maintains premiums European nickel market quiet with long-term in focusShanghai nickel premiums uncha...Read More

LIVE FUTURES REPORT 14/11: Most LME base metals prices appreciate amid crude oil rebound

November 15, 2018 / www.metalbulletin.com

Base metals prices on the London Metal Exchange were predominantly higher at the close of trading on Wednesday November 14, boosted by a steady rebound in global benchmark crude oil futures and a marginal retreat in the dollar index.Following a decline in the oil price this morning due to increasing concerns over a global slowdown economic growth, it bounced 1.47% over the course of the...Read More

Bitcoin drops to one-year low as slump persists; ethereum down sharply

November 14, 2018 / www.kitco.com

NEW YORK/LONDON (Reuters) - Bitcoin fell to a more than one-year low on Wednesday, breaching a key support level of $6,000 and causing a wave of selling in the digital currency and other crypto assets in what has been a prolonged market slump that began early this year.Bitcoin fell to as low as $5,533.09 BTC=BTSP on the Bitstamp platform. It was down 9 percent at $5,690.47.“For the last fe...Read More

INTL FERRO-ALLOYS CONF: Low rail capacity will haunt South African manganese ore sector, Gantsho says

November 15, 2018 / www.metalbulletin.com

South African miners will continue to need road transportation to get their material to port, according to Thembalani Gantsho, joint chief executive officer of Kudumane Manganese Resources.Road freight will be needed to meet the shortfall in capacity offered by the country's rail freight company, Transnet, Gantsho told delegates to Fastmarkets International Ferroalloys Conference in Lisbon, held N...Read More

S&P 500 down for fifth day as Apple, bank stocks fall

November 14, 2018 / www.kitco.com

(Reuters) - U.S. stocks fell on Wednesday, with the S&P 500 dropping for the fifth session in a row, as Apple Inc (AAPL.O) continued to lead a retreat in technology stocks and financials were hit by fears that sector-wide regulations would no longer be eased.Mounting concerns that iPhone sales have hit a wall pushed Apple shares lower for the fifth day in a row. At their session low, shares we...Read More

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