Coin Shop Blog

By Joshua McMorrow-Hernandez Mother's Day is the perfect opportunity to thank the woman who brought you into this world with a numismatic gift or two. And aside from sharing your love of the hobby with your mom – or any other woman who has had a profound impact upon your life and upbringing – giving this special lady gifts of coins to help recognize Mother's Day might just spark her interests in taking up the hobby herself, if she hasn't already, of course! But what types of coins do you give on Mother's Day? What's appropriate? Worry not! Your numismatic [...]

By Joshua McMorrow-Hernandez Mother's Day is the perfect opportunity to thank the woman who brought you into this world with a numismatic gift or two. And aside from sharing your love of the hobby with your mom – or any other woman who has had a profound impact upon your life and upbringing – giving this special lady gifts of coins to help recognize Mother's Day might just spark her interests in taking up the hobby herself, if she hasn't already, of course! But what types of coins do you give on Mother's Day? What's appropriate? Worry not! Your numismatic [...]

Alexco Resource Corp (TSX:AXR,NYSE-American:AXU) (“Alexco” or the “Company”) today reports financial results for the first quarter ended March 31, 2018.  All figures are expressed in Canadian dollars unless otherwise stated.  For the first quarter of 2018 Alexco recorded a net loss of $3.3 million (“M”) or $0.03 per share, which included $2 M in depreciation, share-based compensation expense and other non-cash costs. Alexco Environmental Group (“AEG”), Alexco's environmental consulting business, recognized revenues of $2.8 M with a gross profit of $830,000. Alexco's working capital position as of March 31, 2018 was $18.4 M. First Quarter Highlights The Company's cash and cash equivalents at March 31, 2018 totaled $13.2 M compared to $17.9 M at December 31, 2017, while net working [...]

The Royal Canadian Mint is celebrating the upcoming wedding of Prince Henry of Wales and Meghan Markle with a 1 oz. .9999 fine $20 silver coin depicting the couple. The wedding ceremony will take... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Global demand for gold is increasing while new discoveries of gold remain small Gold mining output in Australia is forecast to decrease by 50% in the next eight years Decline in global gold mining supply makes a price increase almost certain Gold nugget (placer gold) from Colorado, USA.  Source: Commons.wikimedia.org by Lawrence Thomas, Gold Telegraph The demand for gold is increasing, yet new discoveries of the precious metal have not kept pace with the demand. Funds for exploration are historically high, $54.3 billion, up 60 percent over the past 18 years. The increased spending, however, has not produced the equivalent in [...]

by Claudia Carpenter, Bloomberg Iran's gold demand will probably be “strong” for the next few months and then gradually decline as U.S. sanctions start to take effect, according to the researcher who covers the country for Metals Focus Ltd. After a previous set of sanctions was imposed on Iran in 2012, it took two years for the country's gold demand to start falling, according to data from the World Gold Council. It sank to only 45.1 tons by 2016, the lowest in at least six years and 65 percent lower than in 2013, according to gold council data. It rose [...]

First Majestic Silver (TSX:FR, NYSE:AG) experienced a net loss in the first quarter of the year due in part to a decline in output, the company reported on Wednesday (May 9). Citing lower grades as the reasoning behind a lower Q1 output, First Majestic announced a net loss of US$5.6 million, compared to net earnings of US$2.7 million this time last year. Excluding non-cash and non-recurring items, the company generated an adjusted loss of US$10.1 million during the quarter. “In the first quarter, lower production rates resulted in a slight decrease in revenues and cash flows compared to the prior quarter,” stated Keith [...]

by Claudia Carpenter, Bloomberg Iran's gold demand will probably be “strong” for the next few months and then gradually decline as U.S. sanctions start to take effect, according to the researcher who covers the country for Metals Focus Ltd. After a previous set of sanctions was imposed on Iran in 2012, it took two years for the country's gold demand to start falling, according to data from the World Gold Council. It sank to only 45.1 tons by 2016, the lowest in at least six years and 65 percent lower than in 2013, according to gold council data. It rose [...]

Gold futures rebounded Thursday, after three consecutive session losses of less than 0.1% each, closing at a two-week high. Gold for June delivery tacked on $9.30, or 0.7%, to settle at $1,322.30 an... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]