Gold Stock Articles

Business survey says Brexit biggest threat to UK financial centre

Sunday January 28, 2018 7:01 PM / Kitco News

By Huw JonesLONDON, Jan 29 (Reuters) - Uncertainty over Britain's future trading relations with the European Union after Brexit is the most serious threat to London as the world's top financial centre, a business survey showed on Monday.The quarterly survey from business lobby CBI and consultants PwC said optimism in the financial services sector fell for the third consecutive quarter in the three...Read More

UPDATE 1-Japan's Mitsui offers to buy Australia's AWE for $481 mln

Sunday January 28, 2018 6:42 PM / Kitco News

(Adds Mitsui statement, background)Jan 29 (Reuters) - Japan's Mitsui & Co has made a $481 million offer to buy Australia's AWE Ltd , trumping bids from two other companies that are all vying for a stake in the promising onshore Waitsia gas field.The Mitsui offer of A$0.95 per share in cash, or about A$594 million, is at an 11.8 percent premium to the closing level of AWE stocks on Thursday.It...Read More

Trump Hints At Retaliation At 'Very Unfair' EU Trade Policies

Sunday January 28, 2018 18:35 / Kitco News

LONDON (Reuters) - U.S. President Donald Trump has threatened to confront the European Union over what he calls “very unfair” trade policy toward the United States.Trump has demanded tougher enforcement of trade rules and last week signed into law 30 percent tariffs on imported solar panels, among the first unilateral trade restrictions made by the administration as part of a broader p...Read More

U.S. Trade Chief Sees Hope For NAFTA Talks, Says Congressman

Sunday January 28, 2018 18:33 / Kitco News

David Lawder, David LjunggrenMONTREAL (Reuters) - U.S. Trade Representative Robert Lighthizer is hopeful about talks to renegotiate the North American Free Trade Agreement but realizes a great deal of work remains, Republican U.S. Congressman Dave Reichert said on Sunday after a briefing.Officials from the United States, Canada and Mexico will wrap up the sixth of seven planned rounds of talks on...Read More

Donald Trump Says He Sometimes Tweets From Bed: ITV

Sunday January 28, 2018 18:31 / Kitco News

LONDON (Reuters) - U.S. President Donald Trump said he sometimes tweets from bed.When asked about whether he tweeted from bed with his phone, Trump said: “Well perhaps sometimes in bed, perhaps sometimes at breakfast or lunch or whatever, but generally speak during the early morning, or the evening...I am very busy during the day.”In an interview on Britain’s ITV channel that was...Read More

UPDATE 1-I tweet from bed sometimes, U.S. President Trump says

Sunday January 28, 2018 6:31 PM / Kitco News

* I am a stable genius and I eat good food, Trump says* Trump: I need social media in an era of fake news* Trump says he is very popular in United Kingdom* Women like me because I support the military - Trump* On Macron, Trump says: I like him a lot (Recasts lead)By Andrew MacAskillLONDON, Jan 28 (Reuters) - U.S. President Donald Trump, who has garnered a large following on social media with rambu...Read More

'I Am A Stable Genius,' Donald Trump Says

Sunday January 28, 2018 18:30 / Kitco News

LONDON (Reuters) - U.S. President Donald Trump said he was a stable genius and that he eats good quality food.When asked by Britain’s ITV about his health and some perceptions that he was insane and physically unfit, Trump said: “I am a stable genius.”When asked about eating burgers and drinking Coke, Trump said: “I eat fine food, really from some of the finest chefs in the...Read More

Australia shares to open higher; NZ slightly down

Sunday January 28, 2018 4:20 PM / Kitco News

Jan 29 (Reuters) - Australian shares are likely to open higher on Monday, led by financials, tracking Wall Street which rose to closing records last week on strong earnings reports. Boosted by the latest round of earnings, including those from Intel and AbbVie , the three main U.S. indexes climbed to record closing highs on Friday. However, gains in the benchmark Australian index might be capped b...Read More

UPDATE 1-Asia Morning Call-Global Markets

Sunday January 28, 2018 4:07 PM / Kitco News

Jan 29 (Reuters) - Stock MarketsNet ChngStock MarketsNet ChngS&P/ASX 200** 6,050.00 -4.70 NZX 50**8,311.42 -58.36DJIA**26,616.71223.92NIKKEI**23,631.88-37.61Nasdaq**7,411.16494.61 FTSE**7,665.54 49.70S&P 500** 2,872.87 33.62 Hang Seng** 33,154.12499.67SPI 200 Fut 6,015.030.0STI** 3,567.14 -5.48SSEC**3,559.0875 10.78 KOSPI** 2,574.76 12.53----------------------------------------------------...Read More

ECB Should Be Clear On Ending Asset Purchases After September: Knot

Sunday January 28, 2018 15:50 / Kitco News

AMSTERDAM (Reuters) - The European Central Bank (ECB) should make it clear how it will end its asset purchases as soon as possible after the current bond buying program ends in September, Dutch central bank president Klaas Knot told Dutch current affairs program Buitenhof on Sunday.“There is no reason whatsoever to continue the programme”, Knot said. “I feel that we need to be cl...Read More

Canada's Trudeau: Opposition Wants To Cave On U.S. Demands On NAFTA

Sunday January 28, 2018 15:44 / Kitco News

David Ljunggren, David LawderMONTREAL (Reuters) - Canadian Prime Minister Justin Trudeau on Sunday set aside the nation’s nonpartisan efforts to defend NAFTA, accusing his main rivals in Parliament of wanting to give in to hardline U.S. demands for revamping the treaty.Officials from the United States, Canada and Mexico will wrap up the sixth of seven planned rounds of talks on the North Ame...Read More

SolidusGold Inc. announces private placement

Jan. 28, 2018, 2:40 PM / Marketwired

VANCOUVER, BC-(Marketwired - January 26, 2018) - SolidusGold Inc. (the "Company") (TSX VENTURE: SDC)Not for distribution to United States newswire services or for dissemination in the United StatesSolidusGold Inc. (the "Company") (TSX VENTURE: SDC) is pleased to announce that it intends to raise up to $375,000 through a non-brokered private placement of up to 3,571,429 units at a price of $0.105 p...Read More

Liberty Gold closes $10.5 M bought deal private placement

Jan. 28, 2018, 2:39 PM / Marketwired

Liberty Gold Corp. (TSX:LGD) ("Liberty Gold" or the "Company") is pleased to announce that it has completed its previously announced bought deal private placement (the "Private Placement") of units (the "Units").Pursuant to the Private Placement the Company issued 24,938,426 Units at a price of $0.42 per Unit for gross proceeds to the Company of $10,474,138.92. The Units consist of one common shar...Read More

Asia Morning Call-Global Markets

Sunday January 28, 2018 2:03 PM / Kitco News

Jan 29 (Reuters) - Stock MarketsNet ChngStock MarketsNet ChngS&P/ASX 200** 6,050.00 -4.70 NZX 50**8,311.42 -58.36DJIA26,616.71223.92NIKKEI**23,631.88-37.61Nasdaq7,505.77294.61 FTSE**7,665.54 49.70S&P 500 2,872.87 33.62 Hang Seng** 33,154.12499.67SPI 200 Fut 6,015.030.0STI** 3,567.14 -5.48SSEC**3,559.09 10.78 KOSPI** 2,574.76 12.53------------------------------------------------------------...Read More

Saudi foreign reserves rise for third straight month

Sunday January 28, 2018 1:41 PM / Kitco News

DUBAI, Jan 28 (Reuters) - The Saudi Arabian central bank's foreign reserves rose in December for a third consecutive month, a sign that higher oil prices may be easing pressure on the government's finances, official data showed on Sunday.The bank's net foreign assets grew $2.0 billion from November to $488.9 billion last month, after increasing $1.0 billion in November and $8.3 billion in October....Read More

Preferred addresses for Toronto and Vancouver miners

Jan. 28, 2018, 1:18 PM / Michael Allan McCrae

Story developed using data from Mining Intelligence. Learn more and schedule a demo.Most Toronto-based miners have addresses on Bay Street while Vancouver miners are evenly split between Hastings and Pender streets.Despite the commodity price shake out in 2015 and 2016, miners have mostly hung onto their downtown addresses."The mining sector occupies a large footprint in office and commercial sp...Read More

Wall St Weekahead-State of the Union more likely to raise eyebrows than stocks

Sunday January 28, 2018 12:33 PM / Kitco News

(Updates status of NAFTA talks in paragraph 13)By Sinead CarewJan 28 (Reuters) - Anybody hoping for a replay of the stock market advance that followed U.S. President Donald Trump's first address to Congress may be disappointed. This time around, shares could suffer if Trump does not tread carefully on hot-button issues. The S&P 500 jumped 1.4 percent the day after Trump's speech last February,...Read More

As global economy hums, Davos turns bullish on commodities

Jan. 28, 2018, 10:07 AM / Bloomberg

The last two editions of the World Economic Forum were somber affairs for oil industry chieftains and commodities tycoons. The consensus in Davos was that oil was going to stay low, OPEC would fail to lift prices, and the mining industry faced a difficult time.Roll forward to 2018 and there's been a near-universal shift in sentiment as strong and synchronized global economic growth drives demand f...Read More

Average yields fall at Egyptian T-bill auction

Sunday January 28, 2018 9:25 AM / Kitco News

CAIRO, Jan 28 (Reuters) - Average yields on Egypt's three- and nine-month treasury bills fell at an auction on Sunday, central bank data showed.Yields on the 91-day bills slipped to 18.006 percent from 18.362 at the last sale, while yields on the 266-day bills also eased to 17.080 percent from 17.563 percent. (Reporting by Nadine Awadalla; Editing by Catherine Evans) Disclaimer: The views expres...Read More

UPDATE 1-ECB should be clear on ending asset purchases after September - Knot

Sunday January 28, 2018 8:13 AM / Kitco News

(Adds more comments)AMSTERDAM, Jan 28 (Reuters) - The European Central Bank (ECB) should make it clear how it will end its asset purchases as soon as possible after the current bond buying programme ends in September, Dutch central bank president Klaas Knot told Dutch current affairs programme Buitenhof on Sunday."There is no reason whatsoever to continue the programme", Knot said. &quo...Read More

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