* European and Chinese stocks manage modest bounce* Beijing allows yuan to slip past 6.90 per dollar* US benchmark yields make fresh 7-year top, underpin dollar* Yen up on safety bid as risk appetite sours* Graphic: World FX rates in 2018 http://tmsnrt.rs/2egbfVh* Asian stock markets https://tmsnrt.rs/2zpUAr4*By Marc JonesLONDON, Oct 9 (Reuters) - Europe battled to fend off a four-day losing strea...Read More
Fatality at Serabi mine: NMBCapital markets"We have had some really positive surprises out of this process"LeadershipNew thinking carves out strong zinc position for Europa MetalsSPONSOREDeuropa metalsStoried past, future potential for Sierra RutileSPONSOREDsierra leoneGolf is, at its core, an individual game. Yes, we play with others - we socialise, we tell silly jokes and we eat a...Read More
Vice chairman, president and CEO Richard Adkerson told Bloomberg if an opportunity arose to sell to another company that would be good for shareholders, "you would see us trying to get the best deal we can get as opposed to being a company where management is trying to protect itself".As the miner nears closure on a long-running negotiation with Indonesia over control of the massive Grasberg coppe...Read More
PolarX points to upsideSPONSOREDpolarx ltd Following a meeting in Lima today, the board of creditors agreed to give Samsel Group until their next meeting scheduled for November 20 to come up with the necessary US$139 million.If not, they will schedule final auctions for La Oroya and the Cobriza copper mine for April next year, an advisor to the workforce told Mining Journal on October 9. PolarX p...Read More
PolarX points to upsideSPONSOREDpolarx ltd Full-year guidance was increased to 39,000-41,000 tonnes copper from the previous 37,000-40,000t after Riotinto produced a record 11,055t of copper in the September quarter, up 3.5% year-on-year.The period was also the second straight quarter where output exceeded 10,000t, bringing the year-to-date production to 30,942t. PolarX points to upsideSPONSOREDp...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.The future of transport is evolving. Our analysis points to a gradual but exponentential rise in electric vehicle (EV) sales globally, driven by rapidly changing EV economics and technological innovations. In...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.The future of transport is evolving. Our analysis points to a gradual but exponentential rise in electric vehicle (EV) sales globally, driven by rapidly changing EV economics and technological innovations. In...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.The future of transport is evolving. Our analysis points to a gradual but exponentential rise in electric vehicle (EV) sales globally, driven by rapidly changing EV economics and technological innovations. In...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.The future of transport is evolving. Our analysis points to a gradual but exponentential rise in electric vehicle (EV) sales globally, driven by rapidly changing EV economics and technological innovations. In...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.The future of transport is evolving. Our analysis points to a gradual but exponentential rise in electric vehicle (EV) sales globally, driven by rapidly changing EV economics and technological innovations. In...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.The future of transport is evolving. Our analysis points to a gradual but exponentential rise in electric vehicle (EV) sales globally, driven by rapidly changing EV economics and technological innovations. In...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.The future of transport is evolving. Our analysis points to a gradual but exponentential rise in electric vehicle (EV) sales globally, driven by rapidly changing EV economics and technological innovations. In...Read More
Oct 9 (Reuters) - Proxy voting adviser PIRC has recommended that BHP Billiton shareholders oppose the mining company's remuneration report at its annual general meeting on Oct. 17."... the maximum potential award for the CEO under all incentive schemes is considered excessive as it can represent more than 200 percent of base salary. There are concerns over certain features of the LTIP which are n...Read More
With a resolution to Freeport-McMoRan Inc.'s Indonesian saga in sight, Chief Executive Officer Richard Adkerson says any strategic move is now possible, including acquisitions, partnerships, or even a sale of the entire company.With a package of agreements close to being sealed, the future, strategically for us, is going to be wide open, Adkerson said.Freeport is planning to remain an independent...Read More
Aristotelis Mistakidis is one of the world's most powerful commodity traders. For nearly 20 years, the brash, hyperactive Greek known to everyone simply as "Telis" has ruled over the global copper market, buying and selling enough of the red metal to supply every factory in the U.S. twice over.Today, the man who built Glencore's reputation in copper is facing tough questions about how he did it....Read More
(Updates prices, adds commentary)By Collin EatonHOUSTON, Oct 8 (Reuters) - Oil prices almost fully recovered from a sharp drop on Monday, paring losses as investors bet China's economic stimulus moves would lift crude demand in the world's No. 2 economy.Traders sent global benchmark Brent crude tumbling below $83 per barrel early in the session after China's central bank on Sunday slashed lenders'...Read More
* NSE index up 0.31 pct, BSE ends 0.28 pct higher* Reliance Industries (NS:RELI) top boost* Metals dragOct 8 (Reuters) - Indian shares snapped three sessions of losses and ended higher on Monday, after swinging between gains and losses through the day, as oil marketing companies continued to drive gains, while metal and some non-banking financial stocks dragged the investor sentiment.The Indian...Read More
(Refiles to add 'UPDATE 1' to headline)* Recasts with 1 pct price drop* Analysts warn of limited spare capacity* Hedge funds cut bullish crude futures positions* U.S. oil drilling stalls: https://tmsnrt.rs/2IK63ETBy Henning GloysteinSINGAPORE, Oct 8 (Reuters) - Brent crude oil prices fell by more than 1 percent on Monday after Washington said it may grant waivers to sanctions against Iran's oil ex...Read More
The incredibly positive price action of many gold stocks relative to bullion continues to occur on days when bullion falls hard against the dollar, and when the stock market gets hit. That's impressive!Please click here now. Double-click to enlarge this key daily chart of GDX versus gold.There's a fabulous inverse head & shoulders bottom in play. I coined the phrase, "safehavenization of...Read More
PolarX points to upsideSPONSOREDpolarx ltd The company had advised in August that two appeals were lodged over its Class III underground injection control (UIC) area permit, but one had been withdrawn and it had been hopeful the second would not be successful.Excelsior said last week as part of the settlement, the company, Environmental Protection Agency and petitioners had submitted a joint stip...Read More