* Dow, S&P up with Nasdaq flat as Apple pares losses* United Tech decline weighs on Dow* Materials weak; defensives outperformNov 27 - Welcome to the home for real-time coverage of U.S. equity markets brought to you by Reuters stocks reporters and anchored today by Chuck Mikolajczak. Reach him on Messenger to share your thoughts on market moves: charles.mikolajczak.thomsonreuters.com@reuters.n...Read More
* Indexes marginally higher; Apple pares losses* United Tech decline weighs on Dow* Materials, industrials weak; defensives outperformNov 27 - Welcome to the home for real-time coverage of U.S. equity markets brought to you by Reuters stocks reporters and anchored today by Chuck Mikolajczak. Reach him on Messenger to share your thoughts on market moves: charles.mikolajczak.thomsonreuters.com@reute...Read More
* Car makers lead losers* STOXX retreats from one-week high, down 0.2 pct* Thomas Cook (NS:THOM) tanks after another profit warning (Adds quotes, context)By Danilo Masoni and Julien PonthusMILAN, Nov 27 (Reuters) - European shares fell on Tuesday after a new threat by Washington to impose more tariffs on Chinese products and fears the trade war could spread to Europe after a report in Germany of p...Read More
MILAN, Nov 27 (Reuters) - European shares fell in morning deals on Tuesday as the focus turned to possible developments in the Sino-U.S. trade dispute after a fresh threat from Washington to impose tariffs on more Chinese imports, while Thomas Cook (NS:THOM) tanked on a profit warning.The pan-European STOXX 600 .STOXX benchmark was down 0.3 percent by 0822 GMT, pulling back from the one-week high...Read More
(Updates with company news and futures)Nov 27 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 9 points lower at 7,027 points on Tuesday, according to financial bookmakers, with FTSE 100 futures FFIc1 roughly flat ahead of the market open.* OIL: Oil slipped on Tuesday, pulled down by record Saudi Arabian production even as OPEC's top producer pushes for supply cuts ahead of the group's m...Read More
Nov 27 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 9 points lower at 7,027 points on Tuesday, according to financial bookmakers.* OIL: Oil markets were trading cautiously on Tuesday, with mixed signals from top exporter Saudi Arabia ahead of an OPEC meeting in Austria next week. International Brent crude oil futures LCOc1 were down 0.3 percent at $60.30 per barrel as at 0530 GMT. GO...Read More
The following interview of Brett Heath, CEO of Metalla Royalty & Streaming, took place by phone & email over the past 10 days. Brett and his expert team have achieved quite a lot over the past year. In this interview I asked Brett for an update as I am especially interested in Metalla's latest transaction, (a 2% NSR) on the Santa Gertrudis Royalty.Please describe the importance of your...Read More
PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedImperial filed a lawsuit in the British Columbia Supreme Court in 2016 alleging negligence and breach of contract by both engineering firms Knight Piesold and AMEC, which is now Amec Foster Wheeler, following the August 4, 2014 failure.The company said the lawsuit was settled among all parties, resulting in net payments due to the...Read More
DR Congo: Is government intervention the real risk to watch?SPONSOREDverisk maplecroftMahenge the Cinderella of the graphite space?SPONSOREDblack rock miningSky is the limit for BSK at Amarillo GrandeSPONSOREDblue sky uraniumNew Energy brings experience to new dawnSPONSOREDnew energy mineralsIt is, or is almost, that time of year again where we are all required to pretend we like each other. ...Read More
Eurasian Resources Group has concluded power supply arrangements for its Frontier mine in the Democratic Republic of Congo.The contract was signed by the Soci?(C)t?(C) Nationale d'??lectricit?(C), the national electricity company of the Republic of Zambia; and Rawbank, a top commercial bank in the DRC.Frontier mine is a cornerstone of ERG's copper business and is situated on the DRC-Zambia border....Read More
Anglo American (LON:AAL) has increased its copper production guidance from its Chilean operations this year to 660,000 tonnes, up from a range of 630,000 to 660,000 tonnes previously anticipated, based on planned expansions at its Los Bronces and Collahuasi mines.The world's number four diversified miner has also set new targets for the next three years. It now expects to generate between 630,000...Read More
BHP, (ASX, LON, NYSE: BHP) the world's number one miner, today made an exceptionally rare public disclosure of drilling results from a very early-stage exploration program in South Australia, which is already being called by some experts "the thickest high-grade copper intersection seen in years."The mining giant identified an iron oxide, copper, gold (IOCG) mineralized system located 65 km south...Read More
* Prices rebound from Friday when hit lowest since October 2017 U.S. equity market rally boosts oil prices* Saudi Arabia pumps record amount of oil in Nov - source* Hedge funds raise U.S. crude oil net longs -CFTC (Updates with CFTC data)By Stephanie KellyNEW YORK, Nov 26 (Reuters) - Oil prices rose nearly 3 percent on Monday, clawing back some of last week's steep losses, but gains were capped by...Read More
Nov 26 (Reuters) - Jet Airways Ltd JET.NS , the biggest full-service carrier in India, has been under dark clouds for the past few months.While intense pricing competition, weak rupee and rising fuel costs have hurt Indian airlines like IndiGo owned by InterGlobe Aviation Ltd INGL.NS and SpiceJet Ltd SPJT.BO , Jet Airways is in a league of its own.Saddled with a debt of about 80.52 billion rupees...Read More
Nov 26 (Reuters) - Indian shares rose about 1 percent on Monday in volatile trading, led by gains in index heavyweights HDFC Bank Ltd HDBK.NS and consumer goods giants Hindustan Unilever Ltd HLL.NS and ITC Ltd ITC.NS .The benchmark BSE index .BSESN ended 1.07 percent higher at 35,354.08, while the broader NSE index .NSEI climbed 0.97 percent higher to 10,628.60.Hindustan Unilever jumped near...Read More
November 27, 2018The next Fed meet (and rate hike) is December 19, and just weeks after that, U.S. president Donald "The Golden Trumpster" Trump may be set to unleash a new round of inflationary and growth-crushing tariffs.It's not easy (to put it mildly) for American business to create new factories to replace the products made by highly productive Chinese factories.So, for 2019, most top U.S. ba...Read More
PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedThe company said the potential iron oxide-copper-gold system was 65km southeast of Olympic Dam and 45km north-east of OZ Minerals Carrapateena project.BHP drilled four diamond holes for...Read More
PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedThe company currently owns 70% of the venture but is prepared to become a minority shareholder, in order to advance the mine into construction, CEO Darren Pylot said on a conference call."It's a great project and we think getting it built in the context of a looming copper deficit is a very good value proposition for our shareholde...Read More
DR Congo: Is government intervention the real risk to watch?SPONSOREDverisk maplecroftMahenge the Cinderella of the graphite space?SPONSOREDblack rock miningSky is the limit for BSK at Amarillo GrandeSPONSOREDblue sky uraniumNew Energy brings experience to new dawnSPONSOREDnew energy mineralsThe WWF released a new report entitled ‘Getting it right in a new ocean: Bringing Sustainable Blue Ec...Read More
Clashes between tourism and mining are not rare in Peru, a country peppered with historic and touristic sites that's also the world's second-largest producer of copper, zinc and silver. But in the case of Rainbow Mountain, those in favor of conservation appear to have won out.Late Friday, the Peruvian government blocked all mining exploration licenses on Rainbow Mountain, a rising South American t...Read More