Recent News

Saudis offer Pakistan $6 billion rescue package to ease economic crisis

October 23, 2018 / www.kitco.com

ISLAMABAD (Reuters) - Saudi Arabia has agreed to give Pakistan $3 billion in foreign currency support for a year and a further loan worth up to $3 billion in deferred payments for oil imports to help stave off a current account crisis, Pakistan’s government said on Tuesday.The $6 billion total exceeds forecasts by analysts and will likely reduce the size of any bailout Pakistan it receives f...Read More

Wall Street sinks as weak forecasts add to dour mood; Nasdaq nears correction

October 23, 2018 / www.kitco.com

(Reuters) - Wall Street sank on Tuesday, continuing a punishing month for U.S. stocks, as dismal outlook from industrial bellwethers Caterpillar and 3M sparked concerns over corporate growth and added to worries ranging from China’s slowdown to Saudi Arabia’s diplomatic isolation.The S&P 500 has now declined for five straight sessions and had finished higher on only four of the 17...Read More

Newmont's Merian mine hits 1 million ounce milestone

October 23, 2018 / www.mining.com

Two years after commercial production began in October 2016, Newmont Mining's (NYSE: NEM) Merian mine in Suriname has poured one million ounces of gold.Newmont Suriname - a subsidiary of the Colorado-based company - owns 75% of the mine and Suriname's state-owned oil company, Staatsolie Maatschappij Suriname, owns the remaining 25% stake.Construction of the mine, about 60 km south of Moengo and 1...Read More

Newmont's Merian mine hits 1 million ounce milestone

October 23, 2018 / www.mining.com

Two years after commercial production began in October 2016, Newmont Mining's (NYSE: NEM) Merian mine in Suriname has poured one million ounces of gold.Newmont Suriname - a subsidiary of the Colorado-based company - owns 75% of the mine and Suriname's state-owned oil company, Staatsolie Maatschappij Suriname, owns the remaining 25% stake.Construction of the mine, about 60 km south of Moengo and 1...Read More

Newmont's Merian mine hits 1 million ounce milestone

October 23, 2018 / www.mining.com

Two years after commercial production began in October 2016, Newmont Mining's (NYSE: NEM) Merian mine in Suriname has poured one million ounces of gold.Newmont Suriname - a subsidiary of the Colorado-based company - owns 75% of the mine and Suriname's state-owned oil company, Staatsolie Maatschappij Suriname, owns the remaining 25% stake.Construction of the mine, about 60 km south of Moengo and 1...Read More

BTU (@BTUMetals) (#TSXV: $BTU) - Initiation of Exploration Progam at Dixie South Contiguous with Great Bear's New H...

October 23, 2018 / twitter.com

"BTU (@BTUMetals) (#TSXV: $BTU) - Initiation of Exploration Progam at Dixie South Contiguous with Great Bear's New High Grade Gold Discovery [https://t.co/Z8f7EWFwtN]#investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business #mining #resources #gold"Read full newsRead More

Capital One Bank fined $100 million for anti-money laundering weaknesses

October 23, 2018 / www.kitco.com

WASHINGTON (Reuters) - A leading bank regulator on Tuesday fined Capital One Bank [COFCO.UL] $100 million for failing to enforce anti-money laundering controls that have been in place for years.Capital One failed to satisfy a 2015 consent order that demanded the bank improve its anti-money laundering policies, the Office of the Comptroller of the Currency (OCC) said in a statement.“The Bank...Read More

Fed's Bostic: Economy can hold up to market turbulence, rate hikes on track

October 23, 2018 / www.kitco.com

BATON ROUGE, La. (Reuters) - Falling stock prices, uncertainty around global trade and other possible “headwinds” are not enough yet to throw the U.S. economy off course or force the Fed to alter its intent for continued gradual rate increases, Atlanta Federal Reserve bank president Raphael Bostic said on Tuesday.Speaking as equity markets dropped sharply over global concerns and weak...Read More

Nighthawk hits high-grade at Treasure Island in NWT

October 23, 2018 / www.mining.com

Drilling at Nighthawk Gold's (TSX: NHK; US-OTC: MIMZF) Treasure Island project, about 11 km to the north of its Colomac project in the Northwest Territories, has served up significant, shallow high-grade mineralization.The company was following up on several shallow high-grade gold intersections it had reported in 2011, and in the process has found new near-surface discoveries including a number...Read More

Nighthawk hits high-grade at Treasure Island in NWT

October 23, 2018 / www.mining.com

Drilling at Nighthawk Gold's (TSX: NHK; US-OTC: MIMZF) Treasure Island project, about 11 km to the north of its Colomac project in the Northwest Territories, has served up significant, shallow high-grade mineralization.The company was following up on several shallow high-grade gold intersections it had reported in 2011, and in the process has found new near-surface discoveries including a number...Read More

PyroGenesis (@PyroGenesisCan) (#TSXV: $PYR) Announces Can$745,000 Plasma Torch System Contract with European Entity...

October 23, 2018 / twitter.com

"PyroGenesis (@PyroGenesisCan) (#TSXV: $PYR) Announces Can$745,000 Plasma Torch System Contract with European Entity [https://t.co/DY22O4PprT]#investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business #investments #tech #technology #plasma"Read full newsRead More

Vangold Mining Provides Update on Intermont Resources Acquisition and Clarifies Trading Halt

October 23, 2018 / bit.ly

Vangold Mining Corp (TSXV:VAN; OTC:VGLDF) (Read full newsRead More

Gabriella's Kitchen (@gabriellaskitch) (#CSE: $GABY) Enters Into Deal to Acquire Sonoma Pacific Distribution, a Cal...

October 23, 2018 / twitter.com

"Gabriella's Kitchen (@gabriellaskitch) (#CSE: $GABY) Enters Into Deal to Acquire Sonoma Pacific Distribution, a California Leader in #Cannabis Distribution and Marketing [https://t.co/5nkC0zXOpr]#POTstocks #investing #stocks #stockmarket #trading #investors #news #investing"Read full newsRead More

In case your counting, CROP's tenant just signed a 3 year supply agreement... worth $ 54m-85m USD. with 2.6 mil pou...

October 23, 2018 / twitter.com

"In case your counting, CROP's tenant just signed a 3 year supply agreement... worth $ 54m-85m USD. with 2.6 mil pounds expected next year, that'll only account for 1/5 of next years supply. Let that sink in. #potstocks #cannabis #Hemp #California $CROPhttps://t.co/QPAlOAv392"Read full newsRead More

Analyst: 'Impressive Summer of Development' as the Yukon's Next Gold Mine Takes Shape

October 23, 2018 / dlvr.it

With construction 40% completed, this gold explorer/developer is well on the way to getting the Yukon's next gold mine up and running.Read full newsRead More

Trump accuses Puerto Rico of using disaster funds for other debt

October 23, 2018 / www.kitco.com

WASHINGTON (Reuters) - U.S. President Donald Trump on Tuesday accused Puerto Rico’s politicians of using “massive and ridiculously high amounts of hurricane/disaster funding” to pay off other debts, and said he would not allow a bailout with relief money.“The U.S. will NOT bail out long outstanding & unpaid obligations with hurricane relief money!,” Trump said on...Read More

Trump advisor Bolton uses meetings in Russia to complain about China: RIA

October 23, 2018 / www.kitco.com

MOSCOW (Reuters) - U.S. President Donald Trump's national security advisor John Bolton used a series of meetings with Russian government officials on Tuesday to complain about China's economic and military policies, the RIA news agency reported.Bolton is due to hold talks with President Vladimir Putin later on Tuesday where he is expected to explain Trump's desire to leave a landmark nuclear arms...Read More

Komatsu America teams up with the Chicago Blackhawks

October 23, 2018 / www.mining.com

Rolling Meadows, Ill., - October 23, 2018 - Komatsu America Corp., a leading global heavy equipment manufacturer, today announced plans to partner with the Chicago Blackhawks for the 2018-2019 season."Earlier in the year, Komatsu announced plans to move into the City of Chicago in 2020. As part of a broader goal to invest more in local communities where we live and do business, we thought this wou...Read More

Gold Pushes To 3-Mo. High As World Stock Markets Sell Off

October 23, 2018 / www.kitco.com

(Kitco News) - Gold prices arehigher in Tuesday afternoon trading, and earlier today hit a nearly three-monthhigh. The yellow metal was boosted by safe-haven demand amid keenergeopolitical uncertainty in the marketplace. Gold prices did back off theirdaily highs as the U.S. stock indexes moved up from their daily lows. December gold futures were last up $11.30 an ounce at $1,236.00. December Comex...Read More

Gold Pushes To 3-Mo. High As World Stock Markets Sell Off

October 23, 2018 / www.kitco.com

(Kitco News) - Gold prices are higher in Tuesday afternoon trading, and earlier today hit a nearly three-month high. The yellow metal was boosted by safe-haven demand amid keener geopolitical uncertainty in the marketplace. Gold prices did back off their daily highs as the U.S. stock indexes moved up from their daily lows. December gold futures were last up $11.30 an ounce at $1,236.00. December C...Read More

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