Recent News

Gold Analysts Are Watching U.S. Dollar, Global Macro Data

November 12, 2018 / www.kitco.com

(Kitco News) - With the U.S. midterm election and the latest Federal Reserve decision out of the way, gold analysts are now switching focus to the U.S. dollar and global macro data releases— the two biggest triggers that could impact gold in the short-term, according to TD Securities.Gold saw another setback on Monday, with the December Comex gold futures tumbling from above $1,220 to around...Read More

ArcelorMittal needs one month to restore Kazakh output

November 12, 2018 / bit.ly

Several gas pipelines had been damaged after a fire broke out at the plant.Read full newsRead More

SWIFT Cuts Off #Iran Central Bank As Tehran Sells 700,000 Barrels To Anonymous Direct Buyers | Zero Hedge

November 12, 2018 / www.zerohedge.com

The US Treasury said the Iranian Central Bank has been officially cut off the SWIFT financial messaging system. The disconnection, which comes at a time when Iran's economy is reeling and its currency is tumbling as a result of restricted oil exportsRead full newsRead More

Sea of red. #banks

November 12, 2018 / twitter.com

"European banks in 2018...RBS: -15%Barclays: -17%UBS: -22%Santander: -25%Credit Suisse: -28%ING: -29%BBVA: -33%Deutsche Bank: -48%"Read full newsRead More

AREV BRANDS INTERNATIONAL LTD. ANNOUNCES ASSET PURCHASE AGREEMENT COMPLETED TO BARE TOPICALS FROM ALTERNATIVE EXTRA...

November 12, 2018 / twitter.com

"AREV BRANDS INTERNATIONAL LTD. ANNOUNCES ASSET PURCHASE AGREEMENT COMPLETED TO BARE TOPICALS FROM ALTERNATIVE EXTRACTS INC. -- #AREV #ArevInternationalBrands #momentumstocks $AREV $AREV.CA #ACMPR #SmallCaps #MarijuanaStocks --Read the News Release here: https://t.co/eugrPb0TY8"Read full newsRead More

Cool stuff - What lies at the bottom of one of the deepest holes ever dug by man? #gold

November 12, 2018 / www.cbsnews.com

A South African gold mine that goes two miles beneath the Earth's surface holds far more than just precious metalsRead full newsRead More

Cool stuff - What lies at the bottom of one of the deepest holes ever dug by man? #gold

November 12, 2018 / www.cbsnews.com

A South African gold mine that goes two miles beneath the Earth's surface holds far more than just precious metalsRead full newsRead More

Dow Sinks 600 Points as Apple, Goldman Stocks Plummet

November 12, 2018 / www.schaeffersresearch.com

A Trump tweet sent oil prices to an 11th straight lossThe Dow sunk over 600 points today, and the tech-rich Nasdaq also gave up triple digits, as Apple (AAPL) stock plummeted after another iPhone supplier warning. In addition, fellow blue chip Goldman Sachs (GS) suffered steep losses, pacing a broader bank decline. Oil prices were also in the headlines today, erasing early gains after President Do...Read More

UK PM May says Brexit talks reaching their endgame, issues remain

November 12, 2018 / www.kitco.com

LONDON (Reuters) - British Prime Minister Theresa May said on Monday that there were still considerable unresolved issues with the European Union over Brexit as the two sides approached the “endgame” in negotiations for departure from the bloc.May’s compromise plan, which seeks to maintain close trade ties with the EU in the future, is facing opposition from Brexiteers, pro-Europ...Read More

Fed's Daly Says Too Soon To Know If December Rate Hike Needed

November 12, 2018 / www.kitco.com

IDAHO FALLS, Idaho, Nov 12 (Reuters) - The Federal Reserve will likely need to raise rates another two or three times over “the next period of time,” but it is too soon to know if a rate hike will be needed next month, San Francisco Federal Reserve Bank president Mary Daly said Monday.“My modal forecast is for two to three (rate hikes) over the next period of time, with the exact...Read More

Gold drops further to test $1200

November 12, 2018 / www.fxstreet.com

Gold remains under pressure, trading near $1,200/oz.  Wall Street falls sharply and US Dollar consolidates gains.  Gold slide further and reached a fresh daily low at $1,202/oz the lowest level in four weeks. The yellow metal is falling for the seventh-day in-a-row. A week ago was testing the key resistance area seen around $1,235 and now appears to be headed for a test of $1,200, maki...Read More

Gold production up 60% over last year at RNC Minerals' Beta Hunt mine

November 12, 2018 / www.mining.com

RNC Minerals Corporation (TSX: RNX) today reported production at the Beta Hunt Mine in western Australia. Beta Hunt produced 13,497 mined gold ounces for the month of October 2018 at an average grade of 9.06 g/t.Year-to-date October 31, 2018 mined gold ounces was 71,957, an increase of 60% versus the prior year period, including 25,355 ounces thus far from the Father's Day Vein and a total of 30,1...Read More

Gold production up 60% over last year at RNC Minerals' Beta Hunt mine

November 12, 2018 / www.mining.com

RNC Minerals Corporation (TSX: RNX) today reported production at the Beta Hunt Mine in western Australia. Beta Hunt produced 13,497 mined gold ounces for the month of October 2018 at an average grade of 9.06 g/t.Year-to-date October 31, 2018 mined gold ounces was 71,957, an increase of 60% versus the prior year period, including 25,355 ounces thus far from the Father's Day Vein and a total of 30,1...Read More

Gold production up 60% over last year at RNC Minerals' Beta Hunt mine

November 12, 2018 / www.mining.com

RNC Minerals Corporation (TSX: RNX) today reported production at the Beta Hunt Mine in western Australia. Beta Hunt produced 13,497 mined gold ounces for the month of October 2018 at an average grade of 9.06 g/t.Year-to-date October 31, 2018 mined gold ounces was 71,957, an increase of 60% versus the prior year period, including 25,355 ounces thus far from the Father's Day Vein and a total of 30,1...Read More

Dollar hits 16-month high; tech woes crunch stocks

November 12, 2018 / www.kitco.com

NEW YORK (Reuters) - The U.S. dollar surged on Monday to its highest point in 16 months against a basket of currencies and world stocks fell broadly amid concern about political risks in Europe, while U.S. and European technology shares were hammered.Major U.S. stock indexes dropped more than 1 percent, with the tech-heavy Nasdaq slumping over 2 percent. Indexes were weighed down by a 4.3-percent...Read More

U.N. Security Council set to lift Eritrea sanctions on Wednesday

November 12, 2018 / www.kitco.com

UNITED NATIONS (Reuters) - The United Nations Security Council is set to vote on Wednesday to lift a nearly decade-old arms embargo and targeted sanctions on Eritrea, diplomats said, after the country's rapprochement with Ethiopia and thawing of relations with Djibouti.Diplomats, speaking on condition of anonymity, said the 15-member council completed negotiations on Monday and agreed on a British...Read More

Dollar hits 16-month high; tech woes crunch stocks

November 12, 2018 / www.kitco.com

NEW YORK (Reuters) - The U.S. dollar surged on Monday to its highest point in 16 months against a basket of currencies and world stocks fell broadly amid concern about political risks in Europe, while U.S. and European technology shares were hammered.Major U.S. stock indexes dropped more than 1 percent, with the tech-heavy Nasdaq slumping over 2 percent. Indexes were weighed down by a 4.3-percent...Read More

RSC Mining and Mineral Exploration partners with Terra Modelling

November 12, 2018 / www.mining.com

RSC Mining and Mineral Exploration (RSC) and Terra Modelling Services (TMS) today announced a co-operation agreement between the two companies to integrate their services.RSC is an international resource development specialist headquartered in Australia, operating in Australasia, Africa, Asia Europe and the Middle East. TMS is a Canadian full-service resource modelling consultancy and exploration...Read More

RSC Mining and Mineral Exploration partners with Terra Modelling

November 12, 2018 / www.mining.com

RSC Mining and Mineral Exploration (RSC) and Terra Modelling Services (TMS) today announced a co-operation agreement between the two companies to integrate their services.RSC is an international resource development specialist headquartered in Australia, operating in Australasia, Africa, Asia Europe and the Middle East. TMS is a Canadian full-service resource modelling consultancy and exploration...Read More

RSC Mining and Mineral Exploration partners with Terra Modelling

November 12, 2018 / www.mining.com

RSC Mining and Mineral Exploration (RSC) and Terra Modelling Services (TMS) today announced a co-operation agreement between the two companies to integrate their services.RSC is an international resource development specialist headquartered in Australia, operating in Australasia, Africa, Asia Europe and the Middle East. TMS is a Canadian full-service resource modelling consultancy and exploration...Read More

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