SASKATCHEWAN - Toronto-based Appia Energy Corp.'s first diamond drilling program at Alces Lake has returned high grades of total rare earth oxides (TREO). The property, east of Uranium City, returned 10.02% TREO by weight over 3.55 metres.Appia drilled 15 short holes in three REE zones that it had uncovered at surface during this summer's overburden stripping program. Twelve of the holes intersec...Read More
SASKATCHEWAN - Toronto-based Appia Energy Corp.'s first diamond drilling program at Alces Lake has returned high grades of total rare earth oxides (TREO). The property, east of Uranium City, returned 10.02% TREO by weight over 3.55 metres.Appia drilled 15 short holes in three REE zones that it had uncovered at surface during this summer's overburden stripping program. Twelve of the holes intersec...Read More
• Over the past one week or so, the precious metal has been finding decent support near the $1220 horizontal zone but has been struggling to make it through a descending trend-line. • The combination of a descending trend-line and a horizontal support constituted towards the formation of a descending triangle on hourly charts, pointing to a nea...Read More
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A dramatic sell-off in commodities comes at a time when traders are closely monitoring a flurry of market drivers.So far this month, oil prices have collapsed on intensifying oversupply concerns, metals have fallen amid worries over slowing economic growth and investors continue to fret about the ongoing trade war between the world's two largest economies.Sam Meredith| @smeredith19Published 11 Hou...Read More
A maiden resource estimate on Eldorado Gold's (TSX: ELD; NYSE: EGO) Bolcana copper-gold project in Romania, about six km from the company's Certej project, has delivered 6.5 million inferred ounces of gold.The inferred resource of 381 million tonnes grading 0.53 gram gold per tonne and 0.18% copper for 6.5 million ounces of contained gold and 686,000 tonnes of copper, was based on 98 diamond drill...Read More
A maiden resource estimate on Eldorado Gold's (TSX: ELD; NYSE: EGO) Bolcana copper-gold project in Romania, about six km from the company's Certej project, has delivered 6.5 million inferred ounces of gold.The inferred resource of 381 million tonnes grading 0.53 gram gold per tonne and 0.18% copper for 6.5 million ounces of contained gold and 686,000 tonnes of copper, was based on 98 diamond drill...Read More
A maiden resource estimate on Eldorado Gold's (TSX: ELD; NYSE: EGO) Bolcana copper-gold project in Romania, about six km from the company's Certej project, has delivered 6.5 million inferred ounces of gold.The inferred resource of 381 million tonnes grading 0.53 gram gold per tonne and 0.18% copper for 6.5 million ounces of contained gold and 686,000 tonnes of copper, was based on 98 diamond drill...Read More
A maiden resource estimate on Eldorado Gold's (TSX: ELD; NYSE: EGO) Bolcana copper-gold project in Romania, about six km from the company's Certej project, has delivered 6.5 million inferred ounces of gold.The inferred resource of 381 million tonnes grading 0.53 gram gold per tonne and 0.18% copper for 6.5 million ounces of contained gold and 686,000 tonnes of copper, was based on 98 diamond drill...Read More
Saudi crude oil production hit an all time high 11.1-11.3 million barrels per day (bpd) in November, Reuters reports, even as OPEC scrambles with cutting output to boost tumbling prices.Read full newsRead More
The cutbacks announced by GM Monday morning were more severe than most analysts expected - and were certainly steeper than leaked reports published late Sunday and early Monday had suggested.Read full newsRead More
One REIT has ended the month higher 100% of the time over 10 yearsIt's been a rough couple of months for the stock market, with the S&P 500 Index (SPX) pacing for a second straight monthly loss -- something we haven't seen since the first quarter. However, several stocks could muscle higher in December, if past is prologue. Most notably, California-based real estate investment trust (REIT) Maceric...Read More
Enforcer Gold Corp. (TSXV:VEIN) announces that it has received approval from the TSX Venture Exchange for a share consolidation (theRead full newsRead More
Stocks slightly extended their downtrend on Friday despite a long-holiday-weekend shortened trading session. The S&P 500 index traded closer to its late October low. Will it reverse upwards off the support level?The U.S. stock market indexes lost 0.5-0.7% on Friday, as investors' sentiment remained bearish following the recent declines. The S&P 500 index fell slightly below its Tuesday's l...Read More
Gold price faced a solid resistance near the $1,229 and $1,230 resistance levels against the US Dollar. The price declined recently below a major bullish trend line with support at $1,227 on the hourly chart, and traded towards the $1,220 support where buyers emerged. Later, the price started an upside correction and moved above the $1,224 level and the 50% Fib retracement level of the last decli...Read More
(Updates prices) * Palladium climbs after declining 3 pct on Friday * Speculators raise net gold short positions in week to Nov.13 * GRAPHIC-2018 asset returns: By Swati VermaNov 26 (Reuters) - Gold firmed on Monday, supported byuncertainty over the future pace of U.S. interest rate hikes andthe outcome of the G20 summit later this week when globalleaders will focus on trade tensions.Spot gold was...Read More
Newmont Mining's (NYSE: NEM) Ahafo mine in western Ghana started producing gold from an open pit in 2006 and now the underground portion of the mine has launched commercial production on schedule and within budget.Starting next year, Subika underground will add an average of between 150,000 and 200,000 ounces of gold production a year over the first five years of an initial mine life of about 10 y...Read More
Newmont Mining's (NYSE: NEM) Ahafo mine in western Ghana started producing gold from an open pit in 2006 and now the underground portion of the mine has launched commercial production on schedule and within budget.Starting next year, Subika underground will add an average of between 150,000 and 200,000 ounces of gold production a year over the first five years of an initial mine life of about 10 y...Read More