Agoracom Blog Home

Archive for the ‘All Recent Posts’ Category

FEATURE: Tartisan Nickel $TN.ca Kenbridge Property Hosts M&I Resource of 7.14 Million Tonnes at 0.62% #Nickel, 0.33% #Copper $NI.ca $GP.ca

Posted by AGORACOM-JC at 4:28 PM on Tuesday, April 17th, 2018

TN: CSE

Investment Highlights

  • Acquisition of Canadian Arrow Mines Limited includes two Ontario-based nickel-copper-(cobalt) properties
  • Canadian Arrow’s Kenbridge property has a measured and indicated resource of 7.14 million tonnes at 0.62% nickel, 0.33% copper
  • 20 percent equity stake in Eloro Resources and 2 percent NSR in their La Victoria property with drill program in progress
  • Strong management team with proven experience in advancing projects to production readiness and increasing shareholder value
  • Tightly held share structure with 50 percent owned by approximately 10 investors

Kenbridge Ni Project (ON, Canada)

  • Advanced  stage  deposit  remains open  in  three  directions,  is  equipped with a 623m  deep  shaft  and  has  never  been  mined.
  • Preliminary  Economic Assessment completed in   2008   and later updated returned robust project
    economics and operating costs including  a  NPV  of  C$253M  and  cash costs of US$3.47/lb of nickel net of
    copper credits.
  • Plans for Kenbridge include updating the 2008 PEA, advancing the project through to feasibility and exploring
    the open mineralization at depth

 

Former Goldman Sachs $GS VP Joins #Crypto Wallet #Blockchain To Attract Institutional Clients $SX $SX.ca $SXOOF $IDK.ca #Blockstation #Earnings

Posted by AGORACOM-JC at 3:00 PM on Tuesday, April 17th, 2018
  • Crypto wallet Blockchain.com has hired former Goldman Sachs executive Breanne Madigan as the head of institutional sales and strategy
  • Madigan had worked at Goldman Sachs from 2003 to 2017 as an associate, vice president, and finally as the head of institutional wealth services, a department that managed $1.49 trln worth of total assets in 2017, CNBC reports.

Blockchain.com, which has 24 mln active wallets according to CNBC, added a buy and sell feature for Bitcoin (BTC) – with Ethereum (ETH) and Bitcoin Cash (BCH) promised soon after – in 22 US states in mid-January of this year.

Peter Smith, the CEO of Blockchain.com, said in a statement that “Breanne has a proven track record of adding value to her teams and her clients,” continuing:

“As Blockchain continues to grow its institutional presence, I can think of no one better to help scale our business.”

In what seems to be a growing trend of former Wall Street talent and money moving to the crypto sphere, a report circulated last week that Goldman Sachs executive Richard Kim would be hired as the new chief operating officer of a crypto merchant bank founded and run by former Wall Street executive Mike Novogratz. A little more than a week ago, George Soros’s Fund Management has been reported to soon begin trading in crypto, and the Rockefeller’s venture capital arm formed a partnership with a crypto investment group to support Blockchain and crypto innovation.

Source: https://cointelegraph.com/news/former-goldman-sachs-vp-joins-crypto-wallet-blockchain-to-attract-institutional-clients

INTERVIEW: Star Navigation $SNA.ca Discusses Real-Time #Telemedicine Technology for Emergency Medical Evacuation by Air Transportation

Posted by AGORACOM-JC at 1:42 PM on Tuesday, April 17th, 2018

Esports Entertainment Group $GMBL Signs Affiliate Marketing Agreements With 15 #Esports Teams, Bringing Total To 26 Esports Teams $ATVI $TTWO $GAME $EPY.ca $TCEHF

Posted by AGORACOM-JC at 8:19 AM on Tuesday, April 17th, 2018

Esports large

  • Announced the signing of Affiliate Marketing Agreements with 15 esports teams as the Company ramps up affiliate marketing activities in support of its’ recent launch of VIE  (https://vie.gg)
  • Addition of these 15 esports teams brings the total number of esports team affiliates to 26 since the Company’s first announcement on April 5th
  • Company anticipates more Affiliate Marketing Agreements with esports teams.

ST. MARY’S, Antigua, April 17, 2018 — Esports Entertainment Group, Inc. (OTCQB:GMBL) (or the “Company”), a licensed online gambling company with a specific focus on esports wagering and 18+ gaming, is pleased to announce the signing of Affiliate Marketing Agreements with 15 esports teams as the Company ramps up affiliate marketing activities in support of its’ recent launch of VIE  (https://vie.gg),  the world’s safest, most secure and transparent esports wagering platform.

The addition of these 15 esports teams brings the total number of esports team affiliates to 26 since the Company’s first announcement on April 5th.  The Company anticipates more Affiliate Marketing Agreements with esports teams.

NEWEST ESPORT TEAM AFFILIATES AND SUPPORTING QUOTES

Quite Legendary
ZYLEX eSports
Vertical.Sense
not.BEARable
FRAGLINE
Burning Foxes
Titanium Cloud e-Sports
FireWind Gaming
Victrix Gaming
E-Sport Club Hungry Hippos
DestinyGaming
Pride Stark
Proskilled
Kata e-Sports
Turtle eSport

Titanium Cloud e-Sports stated “We are proud to announce that we will be working VIE Esports. We’ve decided to partner and promote VIE because of our great confidence in their business and model. Specifically, they provide full transparency which we believe is very unique in the esports wagering market. The security, regulation and SEC oversight of Esports Entertainment Group significantly increases the trust factor in VIE. To top it all off, VIE also makes it possible to add our team matches to the site, so that our fans can bet on them safely and securely.”

Burning Foxes stated “Being part of the VIE affiliate program is a big step forward for our organization, which had a big restart in February 2018.  Until now, we have been very weary of online esports wagering due to the recent scandals, as well as, the threat of our fans and players becoming addicted to gambling. However, we have put our trust in VIE due to the wagering controls, cooling off period and other such measures integrated directly into the site for the purpose of making sure players have fun without getting into trouble.  This is something no other esports gambling site has ever done to our knowledge and the reason why we are proud to be part of their affiliate program.”

Proskilled stated “Being part of the VIE affiliate program will provide a big boost to our organization. We are committed and ready to take this huge step forward with VIE and becoming a great partner for years to come.”

VIE offers bet exchange style wagering on esports events in a licensed, regulated and secured platform to the global esports audience, excluding jurisdictions such as the USA that prohibit online gambling. VIE features wagering on the following esports games:

  • Counter-Strike: Global Offensive (CSGO)
  • Dota 2
  • Call of Duty
  • Hearthstone
  • StarCraft II

Grant Johnson, CEO of Esports Entertainment Group stated “The addition of these 15 esports teams to our affiliate program, along with the 11 announced just ten days ago serves as further powerful proof that VIE is what the industry has been waiting for. We are proud to provide all esports fans and teams a fully transparent esports wagering platform, the only one in the world to help the entire industry grow and prosper. We look forward to working and growing with these teams and their great fans for years to come.”

This press release is available on our Online Investor Relations Community for shareholders and potential shareholders to ask questions, receive answers and collaborate with management in a fully moderated forum at https://agoracom.com/ir/EsportsEntertainmentGroup.

Redchip investor relations Esports Entertainment Group Investor Page:
http://www.gmblinfo.com

About Esports Entertainment Grouphttps://agoracom.com/ir/EsportsEntertainmentGroup

Esports Entertainment Group Inc. is a licensed online gambling company with a specific focus on esports wagering and 18+ gaming. Initially, Esports Entertainment intends to offer bet exchange style wagering on esports events in a licensed, regulated and secured platform to the global esports audience, excluding the US and EU. In addition, Esports Entertainment intends to offer users from around the world the ability to participate in multi-player mobile and PC video game tournaments for cash prizes. Esports Entertainment is led by a team of industry professionals and technical experts from the online gambling and the video game industries, and esports. The Company holds licenses to conduct online gambling and 18+ gaming on a global basis, excluding the US and EU, in Curacao, Kingdom of the Netherlands and the Kahnawake Gaming Commission in Canada. The Company maintains offices in Antigua and Poland. Esports Entertainment common stock is listed on the OTCQB under the symbol GMBL.  For more information visit www.esportsentertainmentgroup.com.

FORWARD-LOOKING STATEMENTS
The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.

Contact:

Corporate Finance Inquiries
Stephen Cotugno
Vice President, Corporate Development
[email protected]
201-220-5745

Investor Relations Inquiries
AGORACOM
[email protected]
http://agoracom.com/ir/eSportsEntertainmentGroup

Northern Sphere: A True Discount to Market #FCE.tsx

Posted by AGORACOM at 12:23 PM on Monday, April 16th, 2018

      Northern Sphere: A True Discount to Market

 

Northern Sphere’s tight share structure of 28.7 million shares at .05c gives it a paltry $1.5 million market cap when compared to the value that lays on the ground at both its properties. NSM’s outstanding exploration properties are on the verge of demonstrating their true value to the market through ongoing exploration efforts at Buckeye and Scadding respectively. The company benefits from a solid share base of industry professionals with proven investment success who share the belief NSM has district scale discovery potential.  The company trades on the CSE under NSM.

 

Black Diamond, Arizona:

  • Black Diamond has multiple targets with high grade silver, copper, zinc, manganese, gold.
  • Black Diamond historic production from two shafts (one 700 foot and one 250 foot deep), as well as many adits.
  • Assays as high as 1000 ounce per ton silver have been recorded and over 800 assays to date
  • Black Diamond has a significant copper anomaly with copper values as high as 7% and a high probability of a porphyry style deposit.
  • Black Diamond has never been drilled.
  • Soil geochem values as high as 10 ounce silver, over 1/2 % copper, zinc, manganese, and gold; in some cases mineable grades in the soils.
  • Manganese is classified as a strategic mineral
  • Black Diamond staking increased property by over 2000 acres due to increase in potential size of the anomaly. This brings the total to over 5800 acres.
  • Black Diamond is 16 miles from Globe Arizona home of Freeport McMorans Miami copper porphyry operation. Also 20 miles away from other copper porphyry deposits one of which produces 252,000 m lbs. copper and over 600,000 ounces silver and 30 miles from the Old Dominion Mine which had an average grade of 6 % copper and 3 grams gold .
  • Black Diamond has commenced preparation for small scale production on its leased Buckeye Property. This will generate revenue and thus reduce dilution. This has a planned production rate of 1000 ounces silver per day from an existing adit (10 ounce per ton head grade).
  • Site prep includes rehabbing of adit, evaporation pond, stockpile area for over 20,000 tonnes. Permits include explosive, full assay facility with high grade concentration.
  • Mobile equipment including 2.5 cu yard mucker, two boom jumbo, skid steer, generator, and haul trailer.
  • Black Diamond has a fully certified trained experienced mining team with multiple generations experience
  • Management is aware that a major mining company is staking up to Black Diamond property boundary.

 

 

 

 

Scadding Property, Sudbury:

  • Substantial land package of over 40,000 acres with 7 leased claim groups
  • Multiple targets with gold, platinum, palladium, cobalt, nickel, chromium, vanadium.
  • 2017 drill results that are great. Grades over mineable widths near surface of 12.9g/t over 19.29m and 13.3g/t over 10.5m.
  • Scadding past production grade of 7.2g/t produced 30,000 ounces from 130,000 tonnes.
  • 50 km from Sudbury,  year round road, and even power to site demonstrating  the necessary infrastructure for future development
  • Full First Nations support with MOU and Environmental Engineering by First Nations engineering firm.
  • NSM management has a go forward plan based on leading edge technology and significant historical data

 

Scadding Underground Model & Workings

 

 

Northern Sphere Mining Corp has its’ sights on being the best of the high-quality juniors in the mining industry.

John Carter, Chief Executive Office

Northern Sphere Mining

905 302 3843

Tartisan Nickel Corp. $TN.ca Signs Contract for Two Geophysical Surveys of Kenbridge #Nickel #Copper #Cobalt Deposit, Kenora, Ontario $NI.ca $GP.ca

Posted by AGORACOM-JC at 9:13 AM on Monday, April 16th, 2018

Tc logo in black

  • Company has signed a contract with Abitibi Geophysics Ltd of Thunder Bay
  • For drone magnetic survey and a 3D induced polarization orientation survey over the Kenbridge Nickel-Copper-Cobalt deposit

Toronto, Ontario – Tartisan Nickel Corp. (CSE: TN, FSE: A2DPCM) (“Tartisan”, or the “Company”)  is pleased to announce that the Company has signed a contract with Abitibi Geophysics Ltd (“Abitibi”) of Thunder Bay, Ontario for a drone magnetic survey and a 3D induced polarization orientation survey over the Kenbridge Nickel-Copper-Cobalt deposit near Kenora, Ontario. Contracted works will commence once lines have been cut and break-up has advanced sufficiently to allow surface access to the Kenbridge site.

Abitibi will provide an Aerovision™ drone magnetometer survey over approximately 70% of the total Kenbridge lands and is a follow up to the VTEM survey conducted by the previous owners in 2008. This survey delineated a strong magnetic feature with a 2-km strike length with a prominent deep-seated 200m long conductive anomaly located along the flank of the magnetic anomaly. The prospective target is located some 2.5km to the northeast of the Kenbridge deposit, situated along the same structural trend of the Kenbridge intrusion. The drone survey automatically corrects for objects of varying height (building on site; tall trees) allowing for consistent data over the 14.73 square km survey area. A total of 338.5 line-km will be flown with lines at 50m spacing.

A 5-line 10-km Induced Polarization Survey over the Kenbridge Deposit is planned with IPower 3D™ using a 3D electrode array measuring chargeability on multi-directional dipoles and yielding up to approximately a 600m depth of investigation, sufficient for proving mineralization continuity down to the bottom of the deposit as defined by previous operators. If successful, this survey will be applied to the 2-km magnetic anomaly as previously described to test for deep-seated mineralization. This survey is expected in the latter part of 2018.

Tartisan Nickel CEO Mr. Mark Appleby noted, “The drone magnetometer survey and the deep IP survey are modern exploration tools that will give us a very good idea of the best areas for follow up exploration in the Kenbridge camp.”

The drone magnetic survey will be integrated with a LIDAR survey at 1m contour intervals to better focus future exploration and definition efforts.

The Kenbridge Deposit hosts measured and indicated resources of 7.139 million tonnes of 0.62% nickel; 0.33% copper; and 0.016% cobalt; with inferred resources of 0.118 million tonnes of 1.38% nickel; 0.88% copper; and 0.003% cobalt. In total a contained nickel resource of 97.8 million pounds of nickel and 47 million pounds of copper has been defined by previous operators to data. The Kenbridge deposit is equipped with a 623m shaft and two levels and has never been mined. Mineralization is open at depth and along strike.

ABOUT TARTISAN NICKEL CORP.

Tartisan also owns a 100% interest in the Alexo-Kelex Nickel property, a past-producing nickel deposit near Timmins, Ontario with historical production of some 87,000 tonnes of nickel grading 3.06%. Tartisan Nickel is actively evaluating Alexo-Kelex to determine potential courses of action that would add value to the Corporation.

In Peru, Tartisan owns a 100% stake in the Don Pancho Zinc-Lead-Silver Project in Peru just 9 km from Trevali’s Santander mine and owns a 100% stake in the Ichuna Copper-Silver Project, contiguous to Buenaventura’s San Gabriel property. Tartisan also owns a significant equity stake (6 million shares and 3 million warrants at 40 cents) in Eloro Resources Ltd, which is exploring the low-sulphidation epithermal La Victoria Gold/Silver Project in Ancash, Peru. Tartisan Nickel Corp. common shares are listed on the Canadian Securities Exchange (CSE:TN, FSE: A2DPCM). Currently, there are 97,623,550 shares outstanding (109,547,594 fully diluted).

For further information, please contact Mr. D. Mark Appleby, President & CEO and a Director of the Company, at 416-804-0280 ([email protected]). Additional information about Tartisan can be found at the Company’s website at www.tartisannickel.com or on SEDAR at www.sedar.com.

Jim Steel MBA P.Geo. is the Qualified Person under NI 43-101 and has read and approved the technical content of this News Release.

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.

Kuuhubb $KUU.ca Announces Creative Cross-Marketing Collaboration With Lionsgate $LGF.A $LGF.B

Posted by AGORACOM-JC at 2:16 PM on Friday, April 13th, 2018

Kuihub large

  • Commencing a creative cross-marketing collaboration with a global content leader Lionsgate
  • Company will create and market suites of digital coloring tasks around Lionsgate properties through Kuuhubb’s Recolor digital coloring app
  • Lionsgate will support these campaigns by driving traffic through its marketing channels to Recolor
  • Past collaborations generated over three million unique coloring tasks and over 300 million impressions in total

TORONTO, April 13, 2018 – Kuuhubb Inc. (“Kuuhubb” or the “Company”) (TSX-V:KUU), a technology company focused on acquiring, developing and distributing lifestyle and mobile applications, today announced that it will be commencing a creative cross-marketing collaboration with a global content leader Lionsgate (NYSE:LGF.A) (NYSE:LGF.B).

Under the agreement, Kuuhubb will create and market suites of digital coloring tasks around Lionsgate properties through Kuuhubb’s Recolor digital coloring app, a leader in bringing brands and media properties to the art app universe. In addition, Lionsgate will support these campaigns by driving traffic through its marketing channels to Recolor, whose users generate more than 200 million coloring works per quarter.

Recolor will feature a broad range of unique brand campaigns tying into the releases of Lionsgate movies and TV shows this year, such as the groundbreaking and critically acclaimed hit series Orange is the New Black and the eagerly anticipated feature films The Spy Who Dumped Me and A Simple Favor. There will also be campaign releases for Lionsgate’s existing library of content, including Mad Men and Dirty Dancing.

Lionsgate and Kuuhubb recently partnered on successful brand campaigns on the Recolor app for three Lionsgate IP: My Little Pony: The Movie, the critically acclaimed blockbuster film Wonder, and the recently launched series Step Up: High Water, each with in-app branded coloring images and video units showing trailers for the properties. These collaborations generated over three million unique coloring tasks and over 300 million impressions in total.

“Finding novel ways to engage consumers in the entertainment industry on mobile devices, particularly in the art app space, is an important challenge,” said Peter Levin, Lionsgate’s President of Interactive Ventures, Games, and Digital Strategy. “The entertainment app category has shown stunning growth, and we’re excited to partner again with Kuuhubb to creatively capitalize even further on its potential.”

Kuuhubb COO Pasi Piipponen noted that, “Digital coloring engages app users on a totally different level than traditional banner or video campaigns – we are reaching 10 minutes of average coloring time per branded coloring task on Recolor. Based on previous successes with Lionsgate, it´s easy to conclude that Recolor users are keen to engage with targeted brand campaigns that bring added value to the user experience.”

Lionsgate’s interactive games business has recently partnered on a deal to promote the Starz Original Series Ash vs Evil Dead with The Overwatch League™ team Los Angeles Valiant, run by professional esports organization Immortals, in which Lionsgate is an investor; collaborated on the blockbuster mobile game Power Rangers: Legacy Wars, which recently crossed 30 million installs on its first anniversary and was part of Amazon’s GameOn announcement at the Game Developers Conference; released “The Saw Chapter” DLC for the asymmetrical multiplayer horror game Dead by Daylight; and created a feature for The Divergent Series in the role-playing app What’s Your Story?™

About Kuuhubb
Kuuhubb is a company active in the digital space that focuses mainly on lifestyle and mobile video game applications. Its strategy is to create sustainable shareholder value through acquisitions of proven, yet underappreciated, assets with robust long-term growth potential. Headquartered in Helsinki, Finland, Kuuhubb has a global presence with a strong focus on developing U.S. brand collaborations and Asian partnerships.

About Lionsgate
The first major new studio in decades, Lionsgate is a global content platform whose films, television series, digital products and linear and over-the-top platforms reach next-generation audiences around the world. In addition to its filmed entertainment leadership, Lionsgate content drives a growing presence in interactive and location-based entertainment, gaming, virtual reality and other new entertainment technologies. Lionsgate’s content initiatives are backed by a 16,000-title film and television library and delivered through a global licensing infrastructure. The Lionsgate brand is synonymous with original, daring and ground-breaking content created with special emphasis on the evolving patterns and diverse composition of the company’s worldwide consumer base.

Cautionary Note Concerning Forward-Looking Information
This press release contains forward-looking information. All statements, other than statements of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements relating to development and growth of the Company’s business and expected benefits from the collaboration with Lionsgate announced in this press release) are forward-looking information. This forward-looking information reflects the current expectations or beliefs of the Company based on information currently available to the Company. Forward-looking information is subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking information, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things, the possibility that results from the collaboration with Lionsgate announced in this press release will not be consistent with the Company’s expectations, risks related to the growth strategy of the Company, the early stage of the Company’s development, competition from companies in a number of industries, the ability of the Company to manage expansion and integrate acquisitions into its business, future business development of the Company and the other risks disclosed under the heading “Risk Factors” in the Company’s annual information form dated October 30, 2017 filed on SEDAR at www.sedar.com. Forward-looking information speaks only as of the date on which it is provided and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. Although the Company believes that the assumptions inherent in the forward-looking information are reasonable, forward-looking information is not a guarantee of future performance and accordingly undue reliance should not be put on such information due to the inherent uncertainty therein.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

For further information, please contact:

Kuuhubb Inc.
Jouni Keränen – CEO
[email protected]
Office: +358 40 590 0919

Bill Mitoulas
Investor Relations
[email protected]
Office: +1 (416) 479-9547

#Gold set for second consecutive weekly gain on tension over #Syria $AMK.ca $EXS.ca $GGX.ca $GR.ca $GZD.ca $MQR.ca

Posted by AGORACOM-JC at 11:18 AM on Friday, April 13th, 2018

  • Spot gold rose 0.4% to $1,339.71/oz as of 3.24am GMT, and was set for a weekly gain of 0.5%. US gold futures were up 0.1% at $1,342.70/oz.
  • Spot gold is expected to rise to $1,348/oz, as it has found a support at $1,334, said Reuters’ technical analyst Wang Tao.

13 April 2018 – 08:38 Swati Verma

Gold rose on Friday and was set to post a small gain for a second consecutive week, supported by tensions over Syria.

Spot gold rose 0.4% to $1,339.71/oz as of 3.24am GMT, and was set for a weekly gain of 0.5%. US gold futures were up 0.1% at $1,342.70/oz.

Spot gold is expected to rise to $1,348/oz, as it has found a support at $1,334, said Reuters’ technical analyst Wang Tao.

Prices were gaining on tension over Syria, which had stoked geopolitical concern, said Richard Xu, a fund manager at HuaAn Gold, China’s biggest gold exchange-traded fund.

President Donald Trump and his national security aides on Thursday discussed US options on Syria, where he has threatened missile strikes in response to a suspected poison gas attack, as a Russian envoy voiced the fear of wider conflict between Washington and Moscow. Trump, however, cast doubt over the timing of his threatened strike on Syria on Thursday, by tweeting that an attack on Syria “could be very soon or not so soon at all”.

Global stocks recovered and the dollar firmed after Trump’s comments, which weighed on the dollar-denominated bullion.

Gold prices dropped 1.3% on Thursday, the biggest one-day percentage fall since March 28. Prices have fallen by more than $25/oz since climbing to an 11-week high of $1,365.23/oz on Wednesday.

The easing concern over the trade war between China and the US also weighed on gold prices in the previous session.

“Going forward I see downside risk for gold prices in general, the ebbing trade war concerns as well as improvement in growth-related news should bring safe-haven demand lower into the year ahead,” said OCBC analyst Barnabas Gan.

Trump said on Thursday that the trade “negotiations” between Washington and Beijing were going well, conflicting with Chinese official statements on the dispute.

Meanwhile, holdings of SPDR Gold Trust, the world’s largest gold-backed exchange-traded fund, rose 0.69% to 865.89 tonnes on Thursday.

In other precious metals, platinum was 0.2% higher at $926.74/oz.

Palladium was up 0.5% at $968.50/oz and on track for a more than 7% rise this week.

Spot silver rose 0.4% to $16.49/oz.

Global silver physical demand dropped to its lowest level in five years during 2017, led largely by a steep decline in coin and bar demand, even as industrial demand increased, according to Thomson Reuters GFMS.

Reuters

Source: https://www.businesslive.co.za/bd/markets/2018-04-13-gold-set-for-second-consecutive-weekly-gain-on-tension-over-syria/

FEATURE: PyroGenesis $PYR.ca Proven Plasma Torch Processes for US military, 3D Powders for Aircraft Engines and Solar Grade Silicon Metal for Solar Industry

Posted by AGORACOM-JC at 5:06 PM on Thursday, April 12th, 2018

PYR: TSX-V

TSX Venture Exchange chooses PyroGenesis to be included in the Exclusive TSX Venture 50®

WHY PYROGENESIS?

  • Q3-2017 Cash Flow Positive on EBITDA (Modified) Basis;
  • Revenues Increase by 7%;
  • Positive Gross Margin of 57%;
  • Current Backlog $7.41MM
  • Traditional lines of business are poised to contribute significantly to bottom line
  • Over $13.5MM in contracts signed
  • Clients include: U.S Air Force, U.S NAVY, Canada Natural Resources
  • Nominated to the shortlist for “Materials Company of the Year” at the 3D Printing Industry Awards 2018.

Santander $SAN launches a #blockchain – based foreign exchange service that uses #Ripple’s technology $SX $SX.ca $SXOOF $IDK.ca $AAO.ca $HIVE.ca $CODE.ca $BLOC.ca

Posted by AGORACOM-JC at 3:53 PM on Thursday, April 12th, 2018
  • The service, called Santander One Pay FX, uses technology developed by blockchain firm Ripple.
  • Santander’s blockchain-powered foreign exchange platform is currently live in Spain, the U.K., Brazil and Poland.
  • Ripple has struck partnerships with multiple banks and other financial institutions, including Santander.

Published 4 Hours Ago CNBC.com

Jonathan Nicholson | NurPhoto | Getty Images

Santander has launched a foreign exchange service that uses blockchain technology to make same-day international money transfers.

The service, called Santander One Pay FX, uses tech developed by blockchain firm Ripple. Santander said it is the first cross-border payments service using blockchain to be made by a bank.

Blockchain, or distributed ledger technology, is a decentralized network that records a growing list of transactions. It was originally used as the technology to underpin bitcoin but banks have become increasingly interested in other use cases, like clearing and settling payments.

Santander’s blockchain-powered foreign exchange platform is currently live in four different countries — Spain, the U.K., Brazil and Poland. A wider roll-out is expected in coming months, the bank said.

Innoventures, a $200 million fintech, or financial technology, venture capital fund set up by Santander, was one of a number of investors to participate in Ripple’s first round of funding in 2015.

Ripple has struck partnerships with multiple banks and other financial institutions, including Santander. Banks are less keen to use the firm’s digital currency XRP, but earlier this year two money transfer firms, MoneyGram and Western Union, announced projects involving the cryptocurrency.

On Wednesday, Ripple invested $25 million into a fund started by Blockchain Capital, a venture capital firm dedicated to blockchain.

Source: https://www.cnbc.com/2018/04/12/santander-launches-blockchain-based-foreign-exchange-using-ripple-tech.html