Recent News

Patagonia Gold to pay $15 million for gold/silver project in Argentina

January 01, 2018 / www.mining.com

London-based Patagonia Gold (AIM:PGD) announced that it has signed a definitive agreement to acquire Pan American Silver's Calcatreu deposit, located 60 km south of the town of Ingeniero Jacobacci, in the Argentinian province of R?-o Negro.To move forward with the deal, Patagonia will acquire all shares of Minera Aquiline Argentina, a wholly-owned subsidiary of Pan American, for a total considerat...Read More

Gold ions open the way for energy efficient devices

January 01, 2018 / www.mining.com

Scientists at the University of Tokyo's Institute of Industrial Science are using gold ions to understand the behaviour of liquids at the atomic level. This, in turn, would help them determine what are the needed components to design batteries with less volatility and flammability along with better conductivity for more energy efficient devices.In a study published in the past week in Science Adva...Read More

Gold ions open the way for energy efficient devices

January 01, 2018 / www.mining.com

Scientists at the University of Tokyo's Institute of Industrial Science are using gold ions to understand the behaviour of liquids at the atomic level. This, in turn, would help them determine what are the needed components to design batteries with less volatility and flammability along with better conductivity for more energy efficient devices.In a study published in the past week in Science Adva...Read More

UPDATE 1-Oman 2018 state budget lifts spending; little to reassure rating agencies

January 01, 2018 / www.kitco.com

(Adds details, analysis)By Andrew TorchiaDUBAI, Jan 1 (Reuters) - Oman's state budget for 2018, approved by ruler Sultan Qaboos on Monday, boosts spending at the expense of running a large deficit, despite increasing concern among credit rating agencies about the health of the country's finances.The budget projects spending of 12.5 billion rials ($32.5 billion) this year, up from 11.7 billion in...Read More

MIDEAST STOCKS-Saudi shares fall after gasoline price hike

January 01, 2018 / www.kitco.com

* Gasoline hike came sooner than some had expected* May combine with VAT introduction to hit consumption* Saudi Public Transport shares rise, Budget Saudi falls* Telecommunications firm Mobily jumps* Other major regional bourses closed for holidays By Andrew TorchiaDUBAI, Jan 1 (Reuters) - Saudi Arabia's stock market fell on Monday after the government sharply raised domestic gasoline prices, a s...Read More

On December 31, centenary Ontario gold mine shut down

January 01, 2018 / www.mining.com

December 31, 2017 marked the end of an era for one of Canada's oldest and most prolific gold mines.After 107 years of operations, Porcupine Gold Mines' Dome underground mine in Timmins, Ontario, ceased operations due to aging infrastructure, low productivity and depleted resources. The minelife had been extended for 18 months in July 2016.According to a local news site, the mine's 140 workers had...Read More

On December 31, centenary Ontario gold mine shut down

January 01, 2018 / www.mining.com

December 31, 2017 marked the end of an era for one of Canada's oldest and most prolific gold mines.After 107 years of operations, Porcupine Gold Mines' Dome underground mine in Timmins, Ontario, ceased operations due to aging infrastructure, low productivity and depleted resources. The minelife had been extended for 18 months in July 2016.According to a local news site, the mine's 140 workers had...Read More

Roku Shares Test Support at the $5 Billion Level

January 01, 2018 / www.schaeffersresearch.com

Roku (NASDAQ:ROKU), operator of the eponymous (and seemingly ubiquitous) streaming entertainment platform, made its Nasdaq trading debut as recently as Sept. 28, when the stock's initial public offering (IPO) priced at $14 per share. After a big two-day post-IPO rally, it was a tough slog for ROKU over the next month. From their Sept. 29 close at $26.54, the shares went on to shed 29% of their val...Read More

India's infrastructure output grows 6.8 percent y/y in Nov - govt

January 01, 2018 / www.kitco.com

NEW DELHI, Jan 1 (Reuters) - India's annual infrastructure output grew 6.8 percent in November from a year ago, government data showed on Monday.The growth in output compares with an upwardly revised 5.0 percent year-on-year growth in October.During April-November, the annual output growth was 3.9 percent, data showed.Infrastructure output, which comprises eight sectors such as coal, crude oil and...Read More

INDICATORS-Egypt - Jan 1

January 01, 2018 / www.kitco.com

CAIRO, Jan 1 (Reuters) - INTEREST RATESLatestLast change PreviousCentral18.75 06/07/1716.75 bank o/n depositCentral19.75 06/07/1717.75bank o/n lendingCentral19.25 06/07/1717.25bank discount rate MONTHLY DATA _____________ Month Pvs Yr agoUrban 2630.819.4consumerNovemberprices(year-on-year,pct change) CoreinflatioNovember25.5330.53 20.73n (year-on-year,pct change) Foreign November36.72336.70323.0...Read More

Indian shares start 2018 on weak note; see worst day in 1 month

January 01, 2018 / www.kitco.com

Jan 1 (Reuters) - Indian shares ended lower on Monday, recording their biggest daily percentage fall in a month, with financial and IT stocks leading the losses.The benchmark BSE index closed down 0.72 percent at 33,812.75. The broader NSE index ended 0.90 percent lower at 10,435.55.For midday report, click (Reporting by Tanvi Mehta in Bengaluru; Editing by Vyas Mohan) Disclaimer: The views expre...Read More

Pakistan Dec inflation at 4.57 pct y/y - statistics bureau

January 01, 2018 / www.kitco.com

ISLAMABAD, Jan 1 (Reuters) - Pakistan's annual inflation rate jumped to 4.57 percent in December from 3.97 percent a year earlier, the state Bureau of Statistics said on Monday.On a month-on-month basis, inflation decreased 0.1 percent in December over the previous month, the bureau said.Food items such as tomatoes, onions and pulse mash were the main reasons for the decrease in month-on-month pri...Read More

RT @ElitexCorp: S.Korea's Dec crude oil imports up 3.0 pct y/y - preliminary data - Reuters Africa

January 01, 2018 / dlvr.it

South Korea's crude oil importsrose 3.0 percent in December from a year earlier to 96.8 millionbarrels, preliminary data from the Ministry of Trade, Industryand Energy showed on Monday.Final data will be released later this month by state-runKorea National Oil Corp (KNOC).Details of preliminary imports and previous actual figuresare as follows:(In millions of barrels) Dec 2017 Nov 2017* Dec 2016*...Read More

RT @ElitexCorp: Outlook positive for cattle, oil, natural gas - Enid News & Eagle

January 01, 2018 / dlvr.it

Two of Oklahoma's top titans of industry - natural gas and oil, and cattle - have much to look forward to in the new year, but also numerous challenges andRead full newsRead More

Gold mining: the world's cheapest jurisdictions

January 01, 2018 / dlvr.it

Not the place you would think.Read full newsRead More

RT @ElitexCorp: US oil production booms as new year begins - Washington Post

January 01, 2018 / dlvr.it

Shale oil drilling has erased memories of long gas lines in the 1970s.Read full newsRead More

GoldSeek.com Radio: Bill Murphy and CEO Dylan Senter, and your host Chris Waltzek

January 01, 2018 / news.goldseek.com

Featured GuestsBill Murphy & CEO Dylan SenterShow HighlightsHappy New year. Spectiv CEO Dylan Senter and colleague Nick make their show d?but appearances. Spectiv is at the cutting edge of the 3D / Virtual Reality (VR) phenomenon, the future of YouTube video and gaming.VR is considered by many technologists as a key sector of the next 10 years. Proviso - Due to unforeseen technical issues, confe...Read More

Economy on a Roll

January 01, 2018 / news.goldseek.com

By John MauldinObjects in MotionFed Pops Its Own BubbleThe Trump EffectWhat Could Go Wrong?What to Do Black-Eyed Peas, Hong Kong, Sarasota, and BostonIn addition to popping champagne corks and black-eyed peas (at least in the South) on New Year's Day, year-end brings something else for economists and portfolio managers: annual forecasts. People want to know what the coming year will bring. I wou...Read More

COPPER OUTLOOK AT CRITICAL JUNCTURE and IMPLICATIONS FOR THE SILVER PRICE...

January 01, 2018 / news.goldseek.com

We have seen an unusually steady uptrend in copper this month, that has resulted in it appreciating by about 10%, which might not sound like much, but makes a big difference if you are a producer with fixed costs. What is remarkable about this uptrend is not only that it came hard on the heels of a high volume smackdown in the early days of the month that at the time looked bearish, but that we...Read More

Where Are We Going in 2018?

January 01, 2018 / news.goldseek.com

By Gary SavageThis video provides a comprehensive examination of the expected price performance of the stock, energy, precious metals and currency markets in 2018. https://blog.smartmoneytrackerpremium.com/ Read More

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