By Valentina Ruiz Leotaud Canada’s Eldorado Gold (TSX:ELD)(NYSE:EGO) increased its full-year production guidance to 330,000-340,000 ounces of gold at $580-$630 per ounce from the previous 290,000-330,000 ounces of gold predicted for 2018. In a press release, the Vancouver-based miner said that the expected growth would be driven by Kisladag, its flagship gold mine in Turkey, […]
Eldorado expects higher gold production in 2018 Read More »
A daily summary of high-profile members of several complexes. …read more From:: Resource Investor
Afternoon look at gold, crude & Treasuries Read More »
By Valentina Ruiz Leotaud The president of Peru’s National Society of Mining, Petroleum, and Energy, Pablo de la Flor, issued a statement today saying that Anglo American (LON:AAL) and Mitsubishi’s joint venture to develop the Quelleveco project marks a new era for the country’s mining industry. According to de la Flor, the project located in
Peruvian mining society says Anglo-Mitsubishi project marks a new era for the country Read More »
Price action on the New Zealand dollar/Canadian dollar (NZD/CAD) currency pair looks quite heavy and a breakdown appears imminent. Market participants are showing a preference for the Canadian dollar following the Bank of Canada’s recent interest rate hikes and given the outlook for further policy tightening in the months ahead. …read more From:: Resource Investor
NZD/CAD breakdown looks imminent Read More »
By Hailey Wahlberg Signature Resources Ltd. (TSXV:SGU) (OTCQB:SGGTF) (“Signature” or the “Company”) is pleased to announce that further to its press release of June 25, 2018, today it closed the second tranche (the “Second Tranche”) of a non-brokered private placement of up to $1,500,000 (the “Financing”) for gross proceeds of $454,600, bringing the total raised
Signature Resources Announces Closing of Second Tranche of Private Placement Read More »
By Investing News Network The Pilbara Gold Rush in Western Australia kicked off in July 2017 with Artemis Resources (ASX:ARV) and Canadian joint venture partner Novo Resources’ (TSXV:NVO) discovery of near-surface conglomerate-hosted gold nuggets over impressive strike lengths at Purdy’s Reward. By November, more than two dozen resource companies had flooded into Pilbara searching for
The Smart Money is in Pilbara Conglomerate Gold Plays Read More »
By Nicole Rashotte Sibanye-Stillwater (NYSE:SBGL, JSE:SGL) has completed its US$500-million upfront cash payment deal through a streaming agreement with a subsidiary of Wheaton Precious Metals (TSX:WPM, NYSE:WPM). In a Wednesday (July 25) press release, Sibanye announced that it has officially completed the gold and palladium stream agreement with Wheaton and will now put the funds
Sibanye Closes US$500-million Gold-Palladium Deal Read More »
Market sentiment received a solid boost after US President Donald Trump obtained concessions from the European Union to avert a transatlantic trade war. The United States and Europe have reached a deal to work towards “zero tariffs, barriers and subsidies on non-auto industrial goods” in a bid to defuse escalating trade tensions. …read more From::
Euro steady ahead of ECB meeting, dollar sags Read More »
In perhaps the least surprising development of the year, the European Central Bank left all its interest rates and its asset purchase program unchanged in this morning’s monetary policy meeting. Headlines from ECB President Mario Draghi’s press conference follow: …read more From:: Resource Investor
ECB recap: “Through the summer” means through the summer Read More »
Yesterday was the definition of what we have been preaching all week. There are many themes playing out but none more important than earnings. The S&P 500 and Nasdaq began ripping higher into the close on news that President Trump agreed to suspend implementing tariffs on the EU, most importantly on autos, after meeting with
Daily markets morning round-up: E-mini S&P, gold & crude Read More »
