By Cory댊 The Pop In Metals and Some Stock Moving On Good News David Erfle, Founder of The Junior Miner Junky joins me to discuss the pop we are seeing in metals today. He shares some aspects of the moves today that have him a bit concerned however overall we simply need to see a […]
David Erfle – Gold Market Commentary – Tue 2 Oct, 2018 Read More »
By Charlotte McLeod The gold price has trended downward so far in 2018, but according to CPM Group’s Jeffrey Christian, the future for the yellow metal remains bright. Speaking on the sidelines of the recent Denver Gold Forum, he said while he doesn’t expect a sharp rise in the gold price soon, he does
Here’s When the Gold Price Could Hit a Record High Read More »
By Pershing Gold Corporation Americas silver and Pershing gold to merge Americas Silver Corporation (TSX: USA) (NYSE American: USAS) (“Americas Silver”) and Pershing Gold Corporation (NASDAQ: PGLC) (TSX: PGLC) (FWB: 7PG1) (“Pershing”) are pleased to announce that they have entered into a definitive agreement (the “Agreement”) to complete a business combination (the “Transaction”) and create
America’s Silver and Pershing Gold to merge Read More »
By Michael Allan McCrae Timberline Drilling employee Anthony David Montoya was killed yesterday after being attacked by a bear on Admiralty Island, approximately 18 miles south of Juneau. The Hecla Greens Creek Mine, where Montoya was working, produces silver, zinc, lead and gold. The mine is 100% owned and operated by Hecla Mining Company. Hecla
Bear kills mining contractor in Alaska Read More »
By Michael Allan McCrae Yukon junior White Gold was up 21% to $1.63 a share after announcing drill results at its Vertigo target on the JP Ross property in Yukon, Canda. Hole JPRVERRAB18-014 intersected 23.44 g/t Au over 24.38m from surface, including 59.3 g/t Au over 3.05m from surface, 39.4 g/t Au over 3.05m from
White Gold jumps on drill results Read More »
By Reuters LONDON, Oct 2 (Reuters) – A tie-up between Randgold Resources and Barrick Gold will leave a void in the London market for investors seeking exposure to gold via companies that produce the precious metal. Canada’s Barrick Gold has agreed to buy Africa-focused Randgold for $6.5 billion to create the world’s largest gold producer.
Randgold’s hook-up with Barrick to leave large void in London market Read More »
By Cecilia Jamasmie South Africa’s mining industry faced a series of challenges in the first half of this year as precious metals did not emerge from the lows hit in 2016, but rather continued to struggle, PricewaterhouseCoopers said on Tuesday. Despite the negative effect of gold and platinum prices ups and downs, capital expenditure (capex)
South Africa’s mining industry growth hindered by precious metals performance — PwC Read More »
By Bloomberg News (Bloomberg) — Uganda plans to join a program aimed at rooting out corruption in resource industries as the East African nation seeks to reassure potential investors that it isn’t involved in “conflict minerals.” The cabinet has already endorsed the plan to join the Extractive Industries Transparency Initiative this year, according to Minister
Uganda to join transparency program as it seeks mining investors Read More »
By Bloomberg News (Bloomberg) — South African Mineral Resources Minister Gwede Mantashe issued a new Mining Charter last week, seeking to reduce uncertainty and boost investment in the sector. The Background: The set of rules, aimed at distributing the industry’s mineral wealth more equally among citizens after the injustices of apartheid, was first issued in
South Africa’s latest mining charter: what’s new and who wins Read More »
By Bloomberg News (Bloomberg) — Gold and silver are finally getting the haven-demand boost that trade wars and Brexit couldn’t provide. In the 10 minutes ended 8:50 a.m. in New York, December gold contracts equal to almost 1.57 million ounces traded on Comex — almost 12 times the 100-day average volume for that time of
It took only 10 minutes to send gold and silver prices soaring Read More »
