Recent News

U.S. Approves Anti-Ballistic Missile Sale To Japan Amid North Korea Threat

January 09, 2018 / www.kitco.com

WASHINGTON (Reuters) - The U.S. government has approved the sale of anti-ballistic missiles to Japan to defend itself against a growing nuclear and missile threat from North Korea, a State Department official said on Tuesday.News of the sale comes as North and South Korea hold their first talks in more than two years aimed at solving the crisis over the North’s nuclear missile program.The mi...Read More

RT @financialpost: Bitcoin champion Mike Novogratz the latest to tap TSX Venture in crypto push

January 09, 2018 / bit.ly

Add Mike Novogratz to the list of investors looking to Canada for a quick route to public markets to tap the latest crazesRead full newsRead More

Chile's Andina mine to be modified to protect glaciers

January 09, 2018 / www.mining.com

Chile's Codelco, the world's top copper producer, announced today that it will invest $250 million to modify the shape of the current pit at its Andina mine, located in the Valpara?-so region. The goal of the plan is to redirect mineral extraction toward zones where there are no glaciers, while still maintaining the size of the mine and expected output. In a media statement, Codelco said that ther...Read More

Chile's Andina mine to be modified to protect glaciers

January 09, 2018 / www.mining.com

Chile's Codelco, the world's top copper producer, announced today that it will invest $250 million to modify the shape of the current pit at its Andina mine, located in the Valpara?-so region. The goal of the plan is to redirect mineral extraction toward zones where there are no glaciers, while still maintaining the size of the mine and expected output. In a media statement, Codelco said that ther...Read More

Global #Stocks Are The Most Overbought Since Right Before 1987 Bloodbath | Zero Hedge

January 09, 2018 / www.zerohedge.com

While world stocks are on their longest streak (without a 5% correction) in history, the last few weeks have seen that exuberance accelerate with MSCI World now at its most 'overbought' since the summer of 1987... and we know what happened next.Read full newsRead More

Klondex to reduce underground mining at True North

January 09, 2018 / www.stockwatch.com

Mr. Paul Huet reports KLONDEX ANNOUNCES A REDUCTION IN UNDERGROUND OPERATIONS AND WORKFORCE AT TRUE NORTH AND EXECUTIVE MANAGEMENT CHANGE Klondex Mines Ltd. has made a change in operations in Canada, which includes the immediate reduction of underground mining operations and work force at its True North mine in Manitoba, Canada.Following an extensive review of recent operational performance at Tru...Read More

Klondex to reduce underground mining at True North

January 09, 2018 / www.stockwatch.com

Mr. Paul Huet reports KLONDEX ANNOUNCES A REDUCTION IN UNDERGROUND OPERATIONS AND WORKFORCE AT TRUE NORTH AND EXECUTIVE MANAGEMENT CHANGE Klondex Mines Ltd. has made a change in operations in Canada, which includes the immediate reduction of underground mining operations and work force at its True North mine in Manitoba, Canada.Following an extensive review of recent operational performance at Tru...Read More

.@EquinoxGoldCorp gets green light for #Brazil-based Aurizona #gold project:

January 09, 2018 / bit.ly

The company, which was formed last year from the combination of NewCastle Gold, Anfield Gold and Trek Mining, says 2018 will be a milestone year.Read full newsRead More

Jan 9 Uranium Participation Corporation (U,TSX) Reports Uranium Purchases and Estimated Net Asset Value at December 31, 2017

January 09, 2018 / www.marketwired.com

TORONTO, ONTARIO--(Marketwired - Jan. 9, 2018) - Uranium Participation Corporation ("UPC") (TSX:U) reports its estimated net asset value at December 31, 2017 was CAD$506.0 million or CAD$3.82 per share. As at December 31, 2017, UPC's uranium investment portfolio consisted of the following:(in thousands of Canadian dollars, except quantity amounts)QuantityFair ValueInvestments in Uranium: Uraniu...Read More

Gold Pricing Softens, But This Rally Still Has More Upside Potential

January 09, 2018 / www.kitco.com

The fact that gold pricing is trading under pressure is not a big surprise, and actually can be viewed as a well-needed pause in the rally currently underway. After trading to $1238 per ounce in mid-December of last year, gold prices have gained almost $90 before hitting resistance at $1327 late last week.Historically speaking, rallies in the precious yellow metal will move pricing roughly $100 du...Read More

Gold Pricing Softens, But This Rally Still Has More Upside Potential

January 09, 2018 / www.kitco.com

The fact that gold pricing is trading under pressure is not a big surprise, and actually can be viewed as a well-needed pause in the rally currently underway. After trading to $1238 per ounce in mid-December of last year, gold prices have gained almost $90 before hitting resistance at $1327 late last week.Historically speaking, rallies in the precious yellow metal will move pricing roughly $100 du...Read More

FTSE 100 reaches new closing high with supermarkets in support

January 09, 2018 / www.proactiveinvestors.co.uk

FTSE 100 closes at new peakUS stocks resume gains, Dow Jones up 120 pointsMorrisons shares up after Christmas sales impressTesco down despite sales topping UK supermarkets in latest data FTSE 100 closed at a new record high on Tuesday as supermarkets bolstered the top tier index and Wall Street was back on the winning streak.Britain's blue-chip benchmark closed up over 34 points at...Read More

RT @Arab_News: #Houthi threat to cut off Red Sea shipping 'flagrant' challenge to law, says #Yemen minister -

January 09, 2018 / ow.ly

SANAA: A threat by Houthi militias to cut off vital Red Sea shipping routes is a "flagrant" challenge to international law, according to a Yemeni minister. Abdul-Raqib Fat'h, a minister and chairman of the Yemeni Higher Relief Committee, said in a statement to a Yemeni news agency, and quoted by SPA, that the threat to cut off international navigation in the Red Sea is an "open and flagrant challe...Read More

GM races to build a formula for profitable electric cars

January 09, 2018 / reut.rs

General Motors Co Chief Executive Mary Barra has made a bold promise to investors that the Detroit automaker will make money selling electric cars by 2021.Read full newsRead More

What the Heck Did These Oil Stocks Do Wrong in 2017? -- The Motley Fool

January 09, 2018 / www.fool.com

2017 started with so much promise for the frack sand industry, but somehow all the large players ended down more than 40%.Read full newsRead More

Oil prices reach highest point since May 2015, supported by Opec supply cuts

January 09, 2018 / www.businesslive.co.za

Brent touches $68.29 per barrel as US inventories drop, however, Iran says Opec is 'not keen' on an oil price riseRead full newsRead More

U.S. Stocks Continue to Make History

January 09, 2018 / www.schaeffersresearch.com

U.S. stocks continued to march higher, with all three major market indexes touching fresh record highs. Itmarks the first time since 2000 in which the Dow, S&P, and Nasdaq all touched a record high within the first six sessions of the year, as well as the first time ever that they have notched all-time highs in each of the first six sessions. This monumental day was guided by a rally in healthcare...Read More

Guess How Much Gold Was Used For 2018 Winter Games Medals, It's Less Than You Think

January 09, 2018 / www.kitco.com

(Kitco News)- The countdown begins - in one month athletes from around theworld will converge in Pyeongchang, South Korea to compete for their country’shonor and the coveted Olympic medals.In total, only about 50 ounces of gold was used to createall the gold medals that will be handed out.On its website, the International Olympic Committee saidthat the South Korean medals were designed by th...Read More

Guess How Much Gold Was Used For 2018 Winter Games Medals, It's Less Than You Think

January 09, 2018 / www.kitco.com

(Kitco News) - The countdown begins - in one month athletes from around the world will converge in Pyeongchang, South Korea to compete for their country’s honor and the coveted Olympic medals.In total, only about 50 ounces of gold was used to create all the gold medals that will be handed out.On its website, the International Olympic Committee said that the South Korean medals were designed...Read More

Osisko Mining drills five m of 140 g/t Au at Windfall

January 09, 2018 / www.stockwatch.com

Mr. John Burzynski reportsOSISKO INTERSECTS 140 G/T AU OVER 5.0 METRES AT LYNX Osisko Mining Inc. hasprovided new results from the continuing drill program at its 100-per-cent-owned Windfall Lake gold project located in the Abitibi greenstone belt in Urban township, Eeyou Istchee James Bay, Quebec. The 800,000-metre drill program combines definition, expansion and exploration drilling in and arou...Read More

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