Steel billet prices continued to decline in most of the world's major billet markets during the week to Friday December 7 due to thin buying interest caused by the weak finished steel sector and cheaper scrap.China's prices rebounded at the beginning of the week, after a 90-day suspension of the country's tariff war with the United States was announced on December 2, although market sentiment...Read More
Steel billet prices continued to decline in most of the world's major billet markets during the week to Friday December 7 due to thin buying interest caused by the weak finished steel sector and cheaper scrap.China's prices rebounded at the beginning of the week, after a 90-day suspension of the country's tariff war with the United States was announced on December 2, although market sentiment...Read More
A UKIP march led by far-right figure Tommy Robinson against what organizers call the "Brexit betrayal" took place in LondonRT LIVE https://www.youtube.com/watch?v=IFAcq... Check out http://rt.comSubscribe to RT! http://www.youtube.com/subscription_c...Like us on Facebook http://www.facebook.com/RTnewsFollow us on VK https://vk.com/rt_internationalFollow us on Twitter http://twitter.com/RT_comFollo...Read More
Subscribe to our channel! rupt.ly/subscribeA UKIP march led by far-right figure Tommy Robinson against what organizers call the "Brexit betrayal" takes place in London on Sunday, December 9.A counter-protest is also expected. The rallies take place just two days before a House of Commons vote on Theresa May's Brexit deal with Brussels. Video ID: Video on Demand: http://www.ruptly.tvContact: cd@rup...Read More
Everyone has different reasons for investing or speculating in the resource sector. I believe, for the majority of the participants, it's the allure of 10 baggers that attract them to the juniors.While the appeal to windfall profits is attractive to almost anyone, I believe it's exactly this mindset that keeps many investors from actually realizing the gains they are given in the market.Too many t...Read More
As we approach the end of the year, many investors are starting to think about stocks they might want to add to their self-directed RRSP portfolios for 2019.RRSP season, as it is known, really heats up in January and February, although contributions can certainly be made on a regular schedule throughout the year to avoid the annual deadline crunch.Since the RRSP is generally viewed as a buy-and-ho...Read More
Recent weakness in the TSX Index has investors wondering which stocks might be attractive picks for a potential recovery through the end of 2018 and into next year.Let's take a look at two stocks that could deliver some nice upside in the coming months.Barrick Gold (TSX:ABX)(NYSE:ABX)Barrick Gold fell from $19 per share at the beginning of 2018 to below $13 in September. Since then, the stock has...Read More
Premier Gold Mines (TSX:PG) stock appreciated as much as almost 18% on Friday, and by the end of the trading day, it appreciated more than 10%.As a small-cap gold-focused company with a market cap of about $315 million, Premier Gold Mines stock is more sensitive to news about its exploration. Last Thursday, the company gave an update on the progress of two new mine development projects at the Sout...Read More
Everyone has different reasons for investing or speculating in the resource sector. I believe, for the majority of the participants, it's the allure of 10 baggers that attract them to the juniors.While the appeal to windfall profits is attractive to almost anyone, I believe it's exactly this mindset that keeps many investors from actually realizing the gains they are given in the market.Too many t...Read More
MOD's shares were down 17.65% Monday to A28c (US20c).The fall came despite the company, which has teamed up with Metal Tiger (AIM:MTR) in Botswana and recently listed in London, saying it had intersected wide zones of visible disseminated copper sulphides within an interval from 85m to 385m down hole depth at the third hole drilled at T23.These were similar to the mineralisation intersected in the...Read More
New Gold's New Afton Mine processing facility near Kamloops, southern British Columbia. Source: New Gold Inc.New Gold Inc. [NGD-TSX, NYSE American] said Monday December 10 its senior management team has been reorganized to better align the company's corporate structure with a smaller asset base.As part of the announced restructuring, New Gold has eliminated five vice-president positions. To streng...Read More
Installing underground support at the Cozamin Mine in Mexico. Source: Capstone Mining Corp.Capstone Mining Corp. [CS-TSX] said Monday December 10 that it has significantly increased reserves by 89% and is planning for a 30% increase in production at its Cozamin Mine in Zacatecas Mexico. Details are contained in an updated technical report that was released on Monday.However, Capstone shares eased...Read More
Alacer Gold's Ardich oxide gold deposit is located approximately 6 km northeast of its Copler Gold Mine (shown above) in east-central Turkey. Source: Alacer Gold Corp.Alacer Gold Corp. [ASR-TSX; AQG-ASX] on Monday December 10 announced a maiden mineral resource estimate for the Ardich oxide gold deposit located approximately 6 km northeast of its Copler Gold Mine in east-central Turkey.Alacer is a...Read More
Share this articleTORONTO - North American investors endured a wild ride as markets rebounded from deep declines in trading on broad-based weakness led by the energy sector.The S&P/TSX composite index closed down 66.85 points to 14,728.28 after hitting a triple-digit decline in earlier trading.In New York, the Dow Jones industrial average was up 34.31 points at 24,423.26. The S&P 500 index w...Read More
Oil prices jumped over 4% on Friday. And traders were ecstatic.But the excitement was short-lived.OPEC announced at a meeting in Vienna on Friday that it would cut crude production by 1.2 million barrels per day in an effort to lift prices. Reuters reported this was 0.2 million over the expected output cut.The market responded. Crude for January delivery increased to over $54 per barrel... but gav...Read More
White Gold Corp (TSX.V: WGO; OTC - Nasdaq Intl: WHGOF; FRA: 29W) owns a portfolio of 21,218 quartz claims, across 34 properties, in the emerging White Gold District of the Yukon, Canada, totaling over 423,000 hectares (approximately 40% of the district). This makes White Gold Corp the largest landholder in the District. We learned from David D'Onofrio, CEO of White Gold Corp, that their entire lan...Read More
Anaconda Mining Inc. (TSX:ANX, OTCQX: ANXGF) is a gold mining, development and exploration company, focused in the prospective Atlantic Canadian jurisdictions of Newfoundland and Nova Scotia. The company operates the Point Rousse and Tilt Cove Projects, located in the Baie Verte Mining District in Newfoundland, comprised of the Stog'er Tight open pit mine, the Pine Cove open pit mine, the Argyle M...Read More
CloseGain/LossGold $1244.30-$4.10Silver$14.52-$0.11XAU67.40-0.79%HUI154.01+0.05%GDM560.44+0.02%JSE Gold1249.20+48.07USD97.21+0.61Euro113.57-0.53Yen88.34-0.46Oil$51.00-$1.6110-Year2.854%-0.002T-Bond144.0625+0.15625Dow24423.26+0.14%Nasdaq7020.52+0.74%S&P2637.72+0.18% The Metals: Gold saw slight gains in Asia before it fell back to $1243.50 by a little after 8AM EST and then...Read More
Gold COT Report - FuturesLarge SpeculatorsCommercialTotalLongShortSpreadingLongShortLongShort173,019124,01852,329135,067193,316360,415369,663Change from Prior Reporting Period 16,240-30,890-13,215-37,2914,858-34,266-39,247Traders17075725050248174 Small Speculators (C) GoldSeek.com LongShortOpen Interest 39,50430,256399,919 -8,616-3,635-42,882 non reportable positionsC...Read More