Recent News

ING to sell Italian real estate lease portfolio to Goldman: document

October 30, 2018 / www.kitco.com

MILAN/AMSTERDAM (Reuters) - Dutch bank ING Groep NV (INGA.AS) plans to sell its remaining Italian real estate leasing portfolio to Goldman Sachs (GS.N) as it continues to cut leasing activities outside its home markets, a document reviewed by Reuters showed.A letter ING sent to unions in Italy said the group expected to sign the deal by early December and close it in the first quarter of next year...Read More

Gold falls to 1-1/2 week lows, 100-DMA support around $1220 level

October 30, 2018 / www.fxstreet.com

   •  Resurgent USD demand/positive US bond yields prompted fresh selling.   •  Signs of stability in equity markets further undermine safe-haven demand.   •  Traders now eye US consumer confidence index for short-term impetus. Gold kept losing ground through the mid-European session and fell to 1-1/2 week lows in the last hour. The commo...Read More

Goldplay Continues to Intercept New Silver-Lead-Zinc-Gold Mineralization from Sampling of Historical Core at San Ma...

October 30, 2018 / twitter.com

"Goldplay Continues to Intercept New Silver-Lead-Zinc-Gold Mineralization from Sampling of Historical Core at San Marcial; Including 23 meters @ 160 gpt AgEq @goldplay_gply https://t.co/KGSAZGI7V9"Read full newsRead More

Fortune Reports Federal, Northwest Territories and T?,??ch?<< Government Approvals for the T?,??ch?<< All-Season Road...

October 30, 2018 / twitter.com

"Fortune Reports Federal, Northwest Territories and T?,??ch?<< Government Approvals for the T?,??ch?<< All-Season Road https://t.co/W4zQ7NyyBa"Read full newsRead More

Red Pine Drills 3.53 g/t Gold over 24.4 Metres, Including 5.13 g/t Gold over 13.4 Metres at its Wawa Gold Project...

October 30, 2018 / twitter.com

"Red Pine Drills 3.53 g/t Gold over 24.4 Metres, Including 5.13 g/t Gold over 13.4 Metres at its Wawa Gold Project @RedPineExpl https://t.co/ywpbbIkpdJ"Read full newsRead More

In Trump-won U.S. House districts, Republicans seek a firewall

October 30, 2018 / www.kitco.com

(Reuters) - For months, Republican U.S. Representative Steve Chabot was running about even with Democratic opponent Aftab Pureval in his traditionally conservative southwest Ohio district.But as the Nov. 6 elections approach, the contest has begun breaking in Chabot’s favor, one of about half a dozen races in conservative-leaning districts where improving Republican odds are stoking speculat...Read More

Apple gives aging Macs, iPad Pros an update in New York

October 30, 2018 / www.kitco.com

(Reuters) - Apple Inc (AAPL.O) refreshed some of its lower-profile products at a New York event on Tuesday, adding iPhone features like facial recognition to the iPad Pro and faster processors and better displays to some Mac computers that have not had a major update in years.The Cupertino, California, company introduced new versions of the iPad Pro, its higher-end tablet that competes with Micros...Read More

Dow Jumps as Coca-Cola, Nike Stocks Soar

October 30, 2018 / www.schaeffersresearch.com

Coca-Cola and Under Armour are big earnings winners todayStocks are stabilizing after yesterday's volatile session, with the Dow Jones Industrial Average (DJI) up more than 250 points at midday. Earnings season remains a primary driver, with the blue-chip index getting a lift from a positive earnings reactions for Coca-Cola (KO), while Nike (NKE) surges alongside Under Armour (UAA). The S&P 500...Read More

Marathon's updated PEA delivers 44% increase in recovered gold at Valentine

October 30, 2018 / www.mining.com

An updated preliminary economic assessment (PEA) of Marathon Gold's (TSX: MOZ) Valentine Lake project in Newfoundland, which was based on 20,000 metres of additional drilling since February, among other work, demonstrates stronger economics than an earlier PEA completed in May.The new PEA estimates the project will produce 2.72 million ounces of gold, an average of 225,100 ounces per year, over a...Read More

Marathon's updated PEA delivers 44% increase in recovered gold at Valentine

October 30, 2018 / www.mining.com

An updated preliminary economic assessment (PEA) of Marathon Gold's (TSX: MOZ) Valentine Lake project in Newfoundland, which was based on 20,000 metres of additional drilling since February, among other work, demonstrates stronger economics than an earlier PEA completed in May.The new PEA estimates the project will produce 2.72 million ounces of gold, an average of 225,100 ounces per year, over a...Read More

Marathon's updated PEA delivers 44% increase in recovered gold at Valentine

October 30, 2018 / www.mining.com

An updated preliminary economic assessment (PEA) of Marathon Gold's (TSX: MOZ) Valentine Lake project in Newfoundland, which was based on 20,000 metres of additional drilling since February, among other work, demonstrates stronger economics than an earlier PEA completed in May.The new PEA estimates the project will produce 2.72 million ounces of gold, an average of 225,100 ounces per year, over a...Read More

Pancon Prepares for Drilling at Montcalm, Strengthens Technical Team @PanconResources

October 30, 2018 / bit.ly

Pancontinental Resources Corporation ("Pancon") (TSXV:PUC) (Read full newsRead More

Iron Lady of Europe Quits, Will Gold Replace Her?

October 30, 2018 / www.fxstreet.com

On Thursday, Mr. Draghi held a press conference. But the real thunderbolt hit on Monday, when Ms. Merkel announced that she would step down this year as a leader of her conservative party. Will that lighting make gold shine? Draghi Says That We Shouldn’t Worry Let’s start with the latest ECB’s monetary policy statement and the following Draghi’s press conference. In short,...Read More

Nevada Sunrise Closes $150,000 Private Placement @NevadaSunrise

October 30, 2018 / bit.ly

Nevada Sunrise (TSXV:NEV) (Read full newsRead More

Randgold Resources' Mali gold mining complex ramps up production

October 30, 2018 / www.mining.com

Oct 30 (Reuters) - Randgold Resources Ltd said on Tuesday its Loulo-Gounkoto gold mining complex in Mali had stepped up production, with increased grades expected in the third and fourth quarter of the year.Mali is the third biggest producer of gold after South Africa and Ghana, with gold mines operated by multinational companies including Randgold Resources, Anglogold Ashanti , B2Gold and Resolut...Read More

Fremont identifies drill targets at Gold Bar

October 30, 2018 / www.stockwatch.com

Mr. Blaine Monaghan reportsFREMONT IDENTIFIES POSSIBLE EXTENSION TO THE GOLD BAR MINE NEVADAFremont Gold Ltd. has identified several highly prospective drill targets at the company's Gold Bar project located in Eureka county, Nevada. A recently completed soil sampling program, based on a new structural interpretation, has identified coincident gold and mercury geochemical anomalies, and suggests t...Read More

Fremont identifies drill targets at Gold Bar

October 30, 2018 / www.stockwatch.com

Mr. Blaine Monaghan reportsFREMONT IDENTIFIES POSSIBLE EXTENSION TO THE GOLD BAR MINE NEVADAFremont Gold Ltd. has identified several highly prospective drill targets at the company's Gold Bar project located in Eureka county, Nevada. A recently completed soil sampling program, based on a new structural interpretation, has identified coincident gold and mercury geochemical anomalies, and suggests t...Read More

Sell This Casino Stock Ahead of Earnings

October 30, 2018 / www.schaeffersresearch.com

The casino name has been one of the biggest underperformers in NovemberThe shares of Wynn Resorts Ltd. (NASDAQ:WYNN) have taken a beating in October, down 26% so far to trade at $93.32. This would mark the casino stock's worst month since September 2015. The selling could be far from exhausted on WYNN stock, though, if history is any guide.According to Schaeffer's Senior Quantitative Analyst Rocky...Read More

Gold Weekly: Overlooked. Until When?

October 30, 2018 / seekingalpha.com

Gold witnessed only moderate upward pressure despite the recent equity rout.Speculators slightly lifted net long positions in Comex gold in the week to October 23, the CFTC shows.ETF investors bought just a small quantity of gold last week, according to Fastmarkets.For now, investors are not overly worried about the "technical" sell-off in US equities. As such, the dollar acts as the ideal safe-ha...Read More

TREASURIES-U.S. yields tick up as stocks recover on trade prospects

October 30, 2018 / www.kitco.com

NEW YORK, Oct 30 (Reuters) - Yields on U.S. Treasury bonds rose modestly on Tuesday as equities recovered from Monday’s sell-off after President Donald Trump said he believed “a great deal” on trade can be struck with China, but warned new tariffs were ready if talks fail.Treasury prices fell as risk appetite increased, with U.S. stocks up slightly in mid-morning after a mixed op...Read More

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