Investing.com - Gold prices were down on Thursday as the dollar strengthened amid trade worries.Comex gold futures for August delivery fell 0.38 to $1,222.90 a troy ounce as of 10:56 AM ET (14:56 GMT). A stronger dollar and rising interest rates have weighed on gold in recent months.The Fed left interest rates unchanged on Wednesday, as expected. But the central bank upgraded its view on the econo...Read More
Investing.com - Gold futures were lower during the European session on Thursday.On the Comex division of the New York Mercantile Exchange, Gold futures for December delivery traded at USD1224.80 a troy ounce at time of writing falling 0.23%.Earlier, it traded at a session low USD1224.00 a troy ounce. Gold was likely to find support at USD1213.00 and resistance at USD1228.90.US Dollar Index Futures...Read More
(For a live blog on European stocks, type LIVE/ in an Eikon news window)* FTSE 100 down x.x pct, miners weigh* Rolls-Royce (LON:RR) rises after H1 revenue beats estimates* LSE, Sage updates also in focus* BOE rate decision due 1100 GMTBy Kit ReesLONDON, Aug 2 (Reuters) - The UK's top share index dipped on Thursday, touching a two-week low as shares in heavyweight miners dropped, though Rolls-Royce...Read More
(Bloomberg) -- The respite was brief: A fresh round of trade-war fears sent stock markets sinking across Asia.Investors had nowhere to hide, with equity gauges from Japan to India plunging on Thursday. The MSCI Asia Pacific Index dropped as much as 1.4 percent, heading for its biggest slide in six weeks as more than $220 billion in equity-market value evaporated, according to data compiled by Bloo...Read More
(For a live blog on European stocks, type LIVE/ in an Eikon news window)LONDON, Aug 2 (Reuters) - A selloff in European shares was extended on Thursday with Germany's DAX taking the brunt of investors' anxieties over trade, while results from industrial conglomerate Siemens (NS:SIEM) disappointed and Europe's biggest asset manager, Amundi, impressed the market.The pan-European STOXX 600 .STOXX w...Read More
Shares in KAZ Minerals plunged on Thursday after the Kazakh miner said it has completed a $900 million cash and shares deal to buy the Baimskaya project in the Chukotka region of Russia from a group of investors including Chelsea soccer club owner Roman Abramovich.KAZ stock dropped 33% on New York over the counter markets affording the company a $3.3 billion valuation. KAZ calls Baimskaya "one of...Read More
Scientists from the Deep Carbon Observatory in the U.S. published a study this week where they report the first application to mineralogy of network theory, commonly used in the analysis of the spread of disease, terrorist cell connections, or Facebook connections.The study appeared in American Mineralogist and it shows how the application of big data analysis to mineralogy can help predict minera...Read More
Investing.com - Gold futures were lower during the U.S. session on Wednesday.On the Comex division of the New York Mercantile Exchange, Gold futures for August delivery traded at USD1215.30 a troy ounce at time of writing falling 0.69%.Earlier, it traded at a session low USD1215.00 a troy ounce. Gold was likely to find support at USD1213.00 and resistance at USD1228.10.US Dollar Index Futures, whi...Read More
* FTSE 100 down 1.2 pct* Rio Tinto tumbles on profit miss* Next , Capita down after results; Lloyds up (Adds closing prices)By Helen ReidLONDON, Aug 1 (Reuters) - Britain's top stock index fell on Wednesday as mining and materials shares sold off on a slide in metals prices after the Trump administration threatened further tariffs on China.Earnings drove the lion's share of moves across the UK...Read More
* STOXX down 0.5 percent at close* Trade worries weigh on autos* Air France surprises markets* Apple beat fails to boost tech (Adds detail and quote, updates prices at close)By Julien Ponthus and Kit ReesLONDON, Aug 1 (Reuters) - European shares retreated slightly on Wednesday as a mixed batch of corporate earnings failed to offset concerns about the U.S.-China trade conflict and subdued euro zone...Read More
Investing.com - Gold prices were down on Wednesday as traders wait for a policy decision from the Federal Reserve.Comex gold futures for August delivery fell 0.44% to $1,218.30 a troy ounce as of 10:30 AM ET (14:30 GMT). Gold has fallen in recent months as a stronger dollar and rising interest weights weighed on the metal.The Fed Is not expected to raise interest rates later in the day, but a deci...Read More
Investing.com - Gold futures were lower during the European session on Wednesday.On the Comex division of the New York Mercantile Exchange, Gold futures for August delivery traded at USD1222.20 a troy ounce at time of writing falling 0.12%.Earlier, it traded at a session low USD1219.30 a troy ounce. Gold was likely to find support at USD1213.50 and resistance at USD1227.80.US Dollar Index Futures,...Read More
* STOXX down 0.2 percent* Air France surprises markets* Apple beat fails to boost tech (Adds shares, updates prices)By Julien PonthusLONDON, Aug 1 (Reuters) - European shares retreated slightly on Wednesday as a mixed batch of corporate earnings failed to offset concerns about the U.S.-China trade conflict and subdued euro zone manufacturing growth.Caution was also palpable ahead of the Federal Re...Read More
Aug 1 (Reuters) - Below are the ratings awarded by Credit Rating Information Service of India ( CRISIL (NS:CRSL)) for local debt instruments as of July 31, 2018. COMPANYINSTRUMENTRATINGAMOUNT MOVEMENT(RS.MLN) --------------------------- --------- SHORT TERM RATINGS: ------------------- A. A. Enterprises - BangaloreLOCCRISIL A414Assigned A. A. Enterprises - BangaloreBGCRISIL A426Assigned Aditya Co...Read More
The following interview of Brett Heath, CEO of Metalla Royalty & Streaming (TSX-V: MTA) / (OTCQB: MTAFF) was conducted by phone and email over a one week period ended July 18th. Metalla is a small-cap precious metals royalty / streaming company. The investment thesis (in my opinion) is that someday it will be acquired by a larger player in the sector. In the meantime, it trades a...Read More
Arizona deal a sign of relaxed capital discipline?M&ASolGold set to shineSPONSOREDsolgold RESOURCEStocks: The recent maiden Zackly copper-gold-silver resource has taken the global Alaska Range resource to 127,000 tonnes of copper, 213,000 ounces of gold and 1.5Moz of silver, at a 0.5% copper cut-off grade. Why do you describe Zackly as the "tip of the iceberg"?Frazer Tabeart: Zackly is a typi...Read More
Orla hits 147.7m at 1.25% copperResource definitionPolarX points to upsideSPONSOREDpolarx ltdChile's reputation as LatAm go-to destination faces long-term threats - AnalysisSPONSOREDverisk maplecroftFurther de-risking as Danakali debuts on bigger stageSPONSOREDdanakaliAustralia contributes a larger proportion of worldwide heavy mineral sands reserves than it does iron ore or gold reserves, acc...Read More
The Kazakh copper producer will spend US$900 million on the Baimskaya copper and gold project in Russia's far east.The project is a decade away from production but would double KAZ's co...Read More
Saturn's high-grade discovery gives Apollo Hill a rocketSPONSOREDsaturn metalsRESOURCEStocks: Three years ago graphite was one of the hot new age minerals that was going to change the world. While there has been a lot of effort put into the sector since 2015, to date success seems to be hard to come by. What is Black Rock doing to change the rate of success? John de Vri...Read More
Copper's fightback came to a screeching halt on Wednesday trading down 3.7% on news the Trump administration plans to propose a 25% tariff on $200 billion of imported Chinese goods intensifying an already acrimonious trade dispute with Beijing.Copper touched $2.7260 or $6,010 a tonne on the Comex market in New York in massive volumes with contracts totalling 1.4m tonnes worth $8.3 billion changing...Read More