(Kitco News) - The recent positive gold price action has been restrained by a hawkish Federal Reserve outlook, said TD Securities in a report.“International tensions, a somewhat weaker USD and volatility in equities have taken gold as high as $1,365/oz this week. But, the yellow metal has yet to emerge from a tight trading range in the face of several expected increases in the Fed Funds rate...Read More
Barrick Reports Preliminary First Quarter Production Results last week.Gold Production for the first-quarter 2018 is disappointing even so it is still within guidance. Preliminary first-quarter production of 1.05 million ounces of gold, and 85 million pounds of copper.I recommend accumulating the stock on any weakness, especially at or under $12.50. Source: Barrick Gold Investment Thesis Barrick G...Read More
Investing.com - Gold prices swung between small gains and losses on Monday despite heightened geopolitical risk as markets assessed the fallout from U.S.-led missile strikes on Syria on Friday.Gold futures for June delivery on the Comex division of the New York Mercantile Exchange edged up 60 cents or 0.04% to $1,348.50 a troy ounce by 04:40 AM ET (08:40 AM GMT).Safe haven demand for gold was held...Read More
The latest news and price moves to start the Asian day on Tuesday April 17.Aluminium on the London Metal Exchange continued its record-breaking rally by the close of trading on Monday April 16, soaring to a high of more than $2,400 per tonne ahead of the 5pm close. Read more in our live futures report.Here are how prices looked at Monday's close:The London Metal Exchange will allow open posit...Read More
(Kitco News) - Gold began to decline as soon as Asian markets opened early on Monday, with traders waiting for possible retaliatory moves from Russia after U.S., France, and Britain launched air strikes on Syria over the weekend.Spot gold on Kitco.com was last trading at $1,340.20, down 0.38% on the day, while Comex June gold futures were at $1.343.40, down 0.33% on the day.One hundred and five mi...Read More
Inside a few reasons that explain the recent rally in gold mining ETFs.Read full newsRead More
The swap is the culmination of a longstanding agreement that began almost a decade ago.Read full newsRead More
As a general rule, the most successful man in life is the man who has the best informationGold's safe haven status was tested this week as Donald Trump's economic war threatens to turn into a shooting war, with a number of global flash points getting hotter. At the time of this writing the precious metal moved from a close of $1325.69 an ounce on April 5 to $1337.90 on April 12, dipping on Thurs...Read More
VANCOUVER, British Columbia, April11, 2018 -- Pure Gold Mining Inc. is pleased to announce that underground drilling continues to reinforce the current resource and expand the mineralized zones... | avril 11,2018Read full newsRead More
Investing.com – Gold prices gave up its earlier gain amidst the mounting Syria conflict threat as the dollar recovered after trading around this week’s lowest range earlier in the day.Gold Futures for June delivery on the Comex division of the New York Mercantile Exchange was down $7.1, or 0.52%, to $1,352.8 a troy ounce by 1:13AM ET (05:13 GMT).The U.S. dollar index that tracks the gr...Read More
A few days ago Pure Gold released new data on its flagship Madsen gold project.In my opinion, this data should have a positive impact on the project's economics.In this article I discuss the way a decent mining company is developing its gold project.A few days ago Pure Gold (OTCPK:LRTNF), a gold development company, released new data on its Madsen gold project. In my opinion, this data should...Read More
Investing.com - Gold prices pushed higher on Wednesday as a combination of concerns over ongoing trade tensions between the U.S. and China and the prospect of a U.S. military strike in Syria bolstered safe haven demand for the precious metal.Gold futures for June delivery on the Comex division of the New York Mercantile Exchange were up $1.7 or 0.13% to $1,347.60 a troy ounce by 04:21 AM ET (08:21...Read More
As a general rule, the mostsuccessful man in life is the man who has the best informationWhat the heck is going on with gold? The past few weeks have seenglobal equities falling amid a broad selloff in tech stocks, but thetraditional safe haven metal has barely budged, floating along in a fairlytight range of between around $1320 and $1330 an ounce with the exception of aspike to $1354 on March 26...Read More
Last week index score: 45.10 (updated)This week: 33.86NuLegacy Gold (TSX-V: NUG) appointed John Budreski to its board.The Oreninc Index fell in the week ending April 6th, 2018 to 33.86 from an updated 45.10 a week ago as the lack of brokered action outweighed the increase in dollars announced.Market volatility continues with the stock markets and metals commodities alternately getting dinged and r...Read More
The department said in its March Resources and Energy Quarterly report the Japanese fiscal year (JFY) benchmark price for the April 2018-March 2018 period was likely to settle at US$100 per tonne for Australian coal shipped from Newcastle port to Japan.Read More
Peninsula Energy Limited has formally submitted a request to the Wyoming Department of Environmental Quality (WDEQ) to amend its existing permit to allow the use of a low-pH recovery solution at the Lance uranium project in Wyoming, USA. This is expected to increase recovery rates and improve the cost profile of the project. Meanwhile, a study has highlighted the potential of membrane separation t...Read More
Vancouver, British Columbia, Canada – Monday, April 9, 2018 – Canada Zinc Metals Corp. (“Canada Zinc Metals” or “the Company”, TSX Venture Exchange: CZX) is pleased to announce the results from new metallurgical test data on the 2017 drill core from its 100% owned zinc-lead-silver Cardiac Creek deposit located on the Akie property in northeast British Columbia.H...Read More
SHANGHAI, Apr 9 – Trading in China's zinc spot market was more active on Monday April 9 than before the Qingming holiday. As SHFE zinc 1805 contract dipped to a low of 24,380 yuan/mt during the day, downstream buyers were keen to stock amid adequate supply, SMM learned.In the Shanghai market, 0# zinc traded at 24,380-24,850 yuan/mt. The 0# common brand traded at a premium of 30-40 yuan/m...Read More
Base metals prices on the London Metal Exchange are for the most part stronger this morning, Monday April 9. Zinc is the exception with a 0.6% decline, while the rest are up between 2.8% for aluminium ($2,113 per tonne) and 0.2% for tin. Copper prices are up by 1.1% at $6,831 per tonne. Volume has been extremely high at 24,925 lots - the bulk of that has been seen in aluminium (11,180 lots) where...Read More
ACCRA (Reuters) - Six construction workers have been killed in an accident at Newmont’s Ahafo gold mine in Ghana, forcing the surface mine to suspend its operations, a local Newmont manager said on Sunday.The workers died after a tunnel roof collapsed on them at the construction site of an expanded gold processing plant on Saturday.Two others who sustained minor injuries are out of hospital,...Read More