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Tahoe Resources Inc. (TSX:THO,NYSE:TAHO) released its financial and operational results for Q4 2015, as well as the year as a whole. For the full 2015 year, the company recorded a net loss of $71.9 million, for both basic and diluted losses per share of $0.35. Other key points are as follows: Adjusted net earnings for 2015 were $98.9 million, resulting in both basic and diluted adjusted earnings per share of $0.48. Adjusted net earnings for the fourth quarter were $51.0 million, or $0.22 per share, for both basic and diluted shares. Cash flow provided by operating activities before changes in working [...]

The Wall Street Journal reported that China Construction Bank Corp. (HKEX:0939) has become the first Chinese bank to participate in the LBMA Silver Price. According to the news outlet, the news illustrates “the country’s footprint in global financial markets.” As quoted in the market news: CCB, one of China’s big-four state-owned lenders, will participate in the daily electronic auctions that set the LBMA Silver Price benchmark, CME Group Inc. said in a news release Monday. CME Group and Thomson Reuters Corp. co-administrate the silver fix. The Chinese bank will join UBS Group AG, Bank of Nova Scotia,HSBC Holdings PLC,Toronto Dominion Bank [...]

Announcing the All New StacksBowers.com and Integrated iOS Mobile and Tablet Apps SANTA ANA, CA. —Stack’s Bowers Galleries is pleased to announce that beginning March 8, 2016, its clients will be able to access its entirely new, integrated technology platform including website and iOS mobile and tablet apps. “Worldwide, our clients have been increasingly engaging with us online, particularly on their mobile devices,” said Brian Kendrella, president of Stack’s Bowers Galleries. “Several months ago we enlisted Auction Mobility, the leading auction house technology provider, to build us an integrated auction platform for both web and mobile. Our new platform offers [...]

Gold and silver futures declined on Tuesday as profit-taking pressure pulled prices modestly lower for a second day in a row. Gold for April delivery shed $1.10, or less than 0.1%, to settle at... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

By popular demand and positive feedback from our posting of the Greysheet sample, we've posted a sample issue of the March 2016 Greensheet on the Issuu web site. More sample issues of our other publications will be posted soon, so please bookmark our publisher page on Issuu. https://issuu.com/cdnpublishing/docs/gn201603_issuu

Chesapeake Gold Corp. (TSXV:CKG) released an updated prefeasibility study (PFS) for its Mexico-based Metates gold-silver-zinc project. The new PFS looks at a development scenario that requires lower ore throughput than the scenario laid out in the original March 2013 PFS. As quoted in the press release: Proven and probable mineral reserves of 18.3 million ounces gold, 502 million ounces silver and 4.0 billion pounds of zinc Initial Phase 1 capital cost of $1.91 billion, including a contingency of $244 million Average gold cash cost on a by-product basis is -$339 per ounce for years 1-4, and $346 per ounce for [...]

Gold ETF, the iShares Gold Trust, had to stop issuing new shares in its $7.7 billion on Friday as a “surge” in investment demand for gold caught out the provider of the ETF and the world’s largest money manager, BlackRock Inc.According to a statement from the company“Since the start of 2016, in response to global macroeconomic conditions, demand for gold and for IAU has surged among global investors,” causing the ETF to expand its assets under management by $1.4 billion this year alone.“This surge in demand has led to the temporary exhaustion of IAU shares currently registered under [law]. We are [...]

The gold price climbed this week, peaking Friday at $1,271.76 per ounce. That’s its highest level since February 2015.  While that’s great news for gold bugs, what’s perhaps more interesting is that it’s not just this week that’s been positive for the yellow metal. In fact, according to the Financial Times, gold is currently enjoying its best start to the year since 1980. What’s more, it’s risen 21.8 percent since its December low, meaning that it’s in bull market territory for the first time since 2013. In terms of what’s driving the gold price, one analyst aptly told Kitco that an “explosive [...]

Gold has surged another 4% this week to bring year to date gains to 20% in dollar terms, 19% in euro terms and 24% in sterling terms. We were interviewed by PickingAlpha.com yesterday afternoon and looked at what is currently driving gold prices higher in all currencies.The sharp rise of gold prices and whether it is sustainable was considered. As was the British economy in the run up to Brexit referendum and the vulnerability of sterling due to the second largest current account deficit in the UK’s post war history and London’s property bubble.The impact of the Chinese slowdown and the 1% [...]

Donald Trump’s emergence as the Republican frontrunner and possible future U.S. President is causing some gold and investment analysts to suggest diversifying into gold according to the Wall Street Journal. Donald Trump – Gage Skidmore via Commons.wikimedia.org From the WSJ:The other winner from Super Tuesday could be gold.With Donald Trump solidifying his status as the front runner in the Republican field, some investors and analysts watching from overseas say that the ascendancy of the brash New York businessman could rattle global markets as the November presidential election inches closer. Nervous investors, they say, could pile in to gold and other safe-haven [...]