Gold And Base Metals Are Catching This Tycoon’s Eye
The Swedish-Canadian tycoon, Lukas Lundin, is looking to spend up to $3 billion on industrial-metals projects and another $1 billion on a gold acquisition, Bloomberg reported.
Read moreFirst Majestic Records 4Q Loss After Non-Cash Write-Downs
First Majestic Silver Corp. (NYSE: AG; TSX: FR) late Wednesday reported a loss in the fourth quarter in large part due to non-cash write-downs.
Read moreGoldcorp Names 4 Finalist Vying For $1 Million To #Disruptmining
(Kitco News) – In its continued attempted to promote innovation in the mining Sector, Goldcorp is giving four companies the opportunity to present their ideas to #disruptmining and win $1 million in potential investment capital.
Read moreGold Prices See Tepid Recovery From Tuesday’s Losses
Gold prices were ending the U.S. day session steady to slightly higher Wednesday, on a minor upside correction following the solid losses suffered on Tuesday.
Read moreScotiabank Keeping Its ScotiaMocatta Bullion Desk
(Kitco News) – It appears that the Bank of Nova Scotia has been unable to seal a deal to sell its precious metals trading business as it announced that it plans to keep a slimmed-down version of its ScotiaMocatta bullion division.
Read moreIamgold Reports High-Grade Intersections At Saramacca
Iamgold Corp. (TSX: IMG; NYSE: IAG) is upbeat about the second phase of its 2017 drilling program at the Saramacca project near the Rosebel Gold Mine in Suriname
Read moreGold Prices Remain On Defensive Following 2.5% Q4 GDP
(Kitco News) – Gold prices remain on the defensive as the U.S. economy grew in line with expectations in the final three months of the year, according to the latest data from the Commerce Department.
Read moreGold Sees Tepid Bounce From Tuesday’s Beatdown
Gold prices are slightly higher in early morning U.S. trading Wednesday, on a minor upside correction following the solid losses on Tuesday.
Read moreRBC’s Gero: Gold Up On Bargain Hunting But Interest Rates Are Concern
Gold has ticked modestly higher early Wednesday as some market participants use the recent price plunge as a buying opportunity
Read moreBitcoin Daily Chart Alert – Bull Flag Pattern Develops – Feb 28
Bitcoin-U.S. dollar prices are weaker in early U.S. trading Wednesday.
Read more