Latest News

Why Brent Cook Is More Optimistic About Mining

With gold companies having completed the reporting of their second quarter results, Brent Cook, a famed geologist, said one thing stood out besides the dire numbers.

Commerzbank: Currency ‘Devaluation Race’ Should Benefit Gold

As gold continues to see strength, one market veteran notes the metal is gaining safe-haven appeal.

China Again Devalues Its Currency.

North American Palladium Names New Senior Management

Tahoe Resources Inc. (TSX, BVL: THO, NYSE: TAHO) reports an adjusted profit and approval of another dividend. The company had a net loss in the second quarter of $9.3 million, or 4 cents a share.

Gold Up, at 3-Week High, on Safe-Haven Demand, Improving Technicals

Gold prices are moderately higher and have hit another three-week high in early U.S. trading Wednesday, on safe-haven demand and a less-bearish near-term chart posture. December Comex gold was last up $9.90 at $1,117.60 an ounce. September Comex silve…

$1,000 Gold Scenario Would Cause Industry Serious Trouble – Famed Geologist

With gold companies having completed the reporting of their second quarter results, Brent Cook, a famed geologist said one thing stood out besides the dire numbers.

The 6PM Recap With Gary Wagner: China Fever, Oil Swoon, Gold Finds Traction, Equities Upset

No doubt everyone one is familiar with today’s yuan devaluation by China, the one big inescapable driver in all markets – except in Shanghai equities.

Silver Wheaton Reports Profit, Record Production In Second Quarter

(Kitco News) – Silver Wheaton Corp. (TSX, NYSE: SLW), a Vancouver-based silver streaming company, reported a smaller profit in the second quarter Tuesday but also listed record silver-equivalent production and sales volume.

The Yukon Is Waiting To Exhale

WHITEHORSE (Kitco News) — I have just finished the first day of the Yukon mining media tour and after visited two mines, I can already say that this mining jurisdiction is an untapped resource.

Gold Hits 3-Week High As China Devalues Its Yuan

Gold prices ended the U.S. day session modestly up and hit a three-week high Tuesday following gains it garnered in overnight trading Monday.