Mr. Guy Goulet reports CERRO DE PASCO APPOINTS DAVID SHAW, PH.D TO BOARD OF DIRECTORSThe board of directors of Cerro de Pasco Resources Inc. has appointed Dr. David Shaw, PhD, a highly accomplished independent geological consultant, to the company's board of directors.Dr. David Shaw has in excess of three decades of experience in the resource and finance industries with specific emphasis on techni...Read More
Mr. Guy Goulet reports CERRO DE PASCO APPOINTS DAVID SHAW, PH.D TO BOARD OF DIRECTORSThe board of directors of Cerro de Pasco Resources Inc. has appointed Dr. David Shaw, PhD, a highly accomplished independent geological consultant, to the company's board of directors.Dr. David Shaw has in excess of three decades of experience in the resource and finance industries with specific emphasis on techni...Read More
Nevada Sunrise (TSXV:NEV) (Read full newsRead More
WASHINGTON (Reuters) - The United States on Thursday imposed sanctions on two Ukrainians, one Russian and nine entities in Ukraine and Russia, partly for actions related to Moscow's annexation of Crimea, the U.S. Treasury said.One of the entities sanctioned - the Limited Liability Company Southern Project - was linked to Bank Rossiya and Russian businessman Yuri Kovulchuk, the Treasury said in a s...Read More
(Kitco News) - Gold andsilver prices arejust modestly lower in early-afternoon U.S. trading Thursday. A rebound in theU.S. dollar index today, following selling pressure this week, worked againstthe precious metals market bulls. The metals markets showed no significantreactions to the just-released FOMC minutes that show no change in U.S.monetary policy. December gold futures were last down $2.50...Read More
(Kitco News) - Gold and silver prices are just modestly lower in early-afternoon U.S. trading Thursday. A rebound in the U.S. dollar index today, following selling pressure this week, worked against the precious metals market bulls. The metals markets showed no significant reactions to the just-released FOMC minutes that show no change in U.S. monetary policy. December gold futures were last down...Read More
(Kitco News)- The gold market, while down on the day, is seeing littlereaction to the Federal Reserve leaving interest rates unchanged and setting the stage for another interest rate hike in December.Following its two-day monetary policy meeting, the U.S. central bank left interest rates unchanged within a range between2.00% and 2.25% as expected. However, in its statement, the committee reiterate...Read More
(Kitco News) - The gold market, while down on the day, is seeing little reaction to the Federal Reserve leaving interest rates unchanged and setting the stage for another interest rate hike in December.Following its two-day monetary policy meeting, the U.S. central bank left interest rates unchanged within a range between 2.00% and 2.25% as expected. However, in its statement, the committee reiter...Read More
Ontario's Government for the People is protecting jobs and the economy of Northern Ontario by working with Huron Central Railway to keep the rail line running between Sault Ste. Marie and Sudbury.Today, Ross Romano, MPP for Sault Ste. Marie and Parliamentary Assistant to Greg Rickford, Minister of Energy, Northern Development and Mines, announced the government is supporting a request by Huron Cen...Read More
SAN FRANCISCO (Reuters) - This week marks the last time Federal Reserve policymakers will set interest rates at a regular policy meeting and not follow it up with a lengthy press conference by the chief of the U.S. central bank to explain and perhaps defend the decision.Starting next year, Fed Chair Jerome Powell will hold a press conference after every one of the Fed’s eight regular meeting...Read More
(Reuters) - A hard-fought race for governor in Georgia remained unresolved on Thursday, two days after U.S. elections, with Democrat Stacey Abrams forming a litigation team for possible legal challenges even as Republican Brian Kemp met with the state’s current governor to begin planning his transition to the office.Kemp declared victory late on Wednesday, hours after the Abrams campaign sai...Read More
WASHINGTON (Reuters) - The U.S. Senate Commerce Committee said on Thursday that a hearing planned for Nov. 14 on reports of engine fires involving Hyundai Motor Co (005380.KS) and Kia Motors Corp (000270.KS) vehicles was on hold, but could be rescheduled for a future date.Last month, the committee invited the U.S. chief executives of the two Korean automakers after safety advocates raised concerns...Read More
"I think he [President Trump] is going to legalize marijuana" after the midterms...Read full newsRead More
Cobalt is almost always a byproduct of nickel and copper mining. Image: Glencore InstagramSince hitting near decade highs in March, cobalt prices are down by more than a third, languishing in the low $50,000s.Now a new report sees the battery raw material recovering some 30% in price. And quickly.While a change in subsidies in China, responsible for half the world's EV sales, hasn't helped, it's m...Read More
Cobalt is almost always a byproduct of nickel and copper mining. Image: Glencore InstagramSince hitting near decade highs in March, cobalt prices are down by more than a third, languishing in the low $50,000s.Now a new report sees the battery raw material recovering some 30% in price. And quickly.While a change in subsidies in China, responsible for half the world's EV sales, hasn't helped, it's m...Read More
US mid-term elections are behind us. Surprisingly, both parties won! How is it possible? Let’s read our article and find out! We will also explain what the election results imply for the world and the gold market. Democrats Win The elections were very interesting. We provide you with the key takeaways, focusing on the possible implications for the precious metals. First, Democrats took contr...Read More
(Reuters) - The S&P 500 and the Nasdaq edged lower on Thursday, as weak earnings reports and caution ahead of the Federal Reserve’s interest rate decision stalled a rally from the previous session, which was spurred by the outcome for midterm elections.Among the biggest deliners on the S&P 500 were Perrigo Co (PRGO.N), Wynn Resorts Ltd (WYNN.O) and D.R. Horton Inc (DHI.N), all fallin...Read More
(Reuters) - Wells Fargo & Co (WFC.N) plans to combine its ultra-high-net-worth business and its private bank under one leader, Bloomberg reported on Thursday, citing an internal memo bloom.bg/2Pmb9h5.The combined unit will be run by someone yet to be named who will report to Jon Weiss, head of wealth and investment management, Bloomberg reported.Wells Fargo was not immediately available for c...Read More
"Signature Resources Intersects High Grade Gold From Its First Drill Program in North Zone at Lingman Lake Gold Project https://t.co/Y5x4fvYpFX"Read full newsRead More
Torex Gold (TSX: TXG; US-OTC: TORXF) set a new record for gold production in 2018's third quarter.The company produced 100,346 oz. gold in dor?(C) plus 1,135 additional oz. gold in carbon fines. In the first nine months of 2018, the company produced 246,309 oz. gold in dor?(C), with 11,322 additional oz. gold in carbon fines.The company mined at an average grade of 2.6 grams gold per tonne in the...Read More