C3 Metals Inc (TSX-V:CCCM, OTC:CUAUF) has reported results from the second drill hole of its ongoing program at the 100%-owned Khaleesi copper project in southern Peru, which included a higher-grade copper-gold intercept at depth. The company said drill hole KHZ5800-002 intersected 51.1 metres grading 0.54% copper and 0.31 grams per ton (g/t) gold, 3.21 g/t silver and 6 parts per million (ppm) molybdenum, from 339.6 metres downhole depth, or 0.86% copper equivalent.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Gold miners were topping the leaderboard again on Wednesday as the price of gold continued to surge higher, while silver prices further decoupled. Spot gold prices topped $4,888 an ounce in early trading, up 2% on the day and up from around $4,300 at the start of the year.
A China-backed hydropower plant and a gold mining unit run by Indonesian conglomerate Astra International were among the 28 firms that had their permits revoked by the Jakarta government on Tuesday, accused of environmental breaches that worsened last year's floods.
Gold consolidated in early morning Asia trade. The broader geopolitical backdrop remains supportive for gold, Kudotrade said.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Pinnacle Silver & Gold Corp (TSX-V:PINN, OTCQB:PSGCF, FRA:P9J) said on Tuesday that surface and underground sampling at its El Potrero gold-silver project in Mexico, has confirmed significant mineralization in the Estrella vein. The company reported that limited underground workings measuring 42.5 metres in length revealed two mineralized zones.
The "Sell America" trade is in full swing Tuesday morning. President Donald Trump's latest threats around Greenland pushed global investors to shift exposure away from U.S.-centric investments.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.
Jim Wyckoff has spent over 25 years involved with the stock, financial and commodity markets. He was a financial journalist with the FWN newswire service for many years, including stints as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York.