Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - Strong copper prices and lower input costs led Freeport-McMoRan (NYSE: FCX) solid earnings in thethird quarter. Thursday, the giant copper producer reported net incomeattributable to common stock in th...Read More
TOKYO (Reuters) - The Bank of Japan is discussing phasing out a COVID-19 loan programme if infections in the country continue to dwindle, sources told Reuters, potentially setting the bank up to exit a key crisis-mode policy sooner than investors expect.Markets have been anticipating a third extension of the scheme, set to expire in March. Policymakers have not reached a consensus as discussions a...Read More
Mr. Tom Larsen reportsMAGNETIC INVERSION MODEL CONFIRMS EXTENSIVE MINERALIZED SYSTEM AT ISKA ISKA EXTENDING OVER 2.4 KILOMETRE STRIKE LENGTHEloro Resources Ltd. has provided an update on exploration activities at its Iska Iska silver-tin polymetallic project in the Potosi department, southern Bolivia. To date, the Company has completed 32,606 metres (m) of drilling in 63 holes, including three (3)...Read More
Mr. Michael Spreadborough reportsNEAR-MINE HIGH-GRADE MINERALIZATION CONFIRMED 3 KM FROM GOLDEN EAGLE PROCESSING PLANTNovo Resources Corp. has provided an update on recent brownfield exploration drilling conducted at the Genie prospect. The maiden RC (reverse circulation) drilling program of 31 holes (for a total of 1,787 metres (m)) was completed at Genie in September, 2021. Significant intersect...Read More
(Reuters) - China's cybersecurity watchdog suggested ride-hailing firm Didi Global Inc and two other U.S.-listed tech companies explore listings in Hong Kong, the Wall Street Journal reported on Thursday, citing people familiar with the matter.The Cyberspace Administration of China (CAC) broached the idea in recent conversations with executives from Didi, logistics platform Full Truck Alliance Co...Read More
Mr. Cor Coe reportsSITKA DRILLS 82.0 METRES OF 0.61 G/T GOLD AT RC GOLD IN YUKON Sitka Gold Corp. has released the results for three additional diamond drill holes from the company's 2021 exploration program at the Saddle-Eiger zone on its RC gold project. The results presented herein are for holes DDRCCC-21-013, DDRCCC-21-014 and DDRCCC-21-015, all of which were drilled in the Eiger zone, located...Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) -Weaker-than-expected manufacturing data is having littleimpact on gold prices as markets focus on growing momentum in the U.S. labormarket.Thursday,Philadelphia Federal Reserve said its manufacturing bu...Read More
Oct 21 (Reuters) - AT&T Inc's (T.N) quarterly revenue and phone subscriber additions beat market expectations on Thursday, on increased demand for its phone and internet service and steady growth for its streaming platform HBO Max.Shares of AT&T rose 1.3% to $26.25 in pre-market trading.The U.S. wireless carrier is working to unwind its years-long journey to become an entertainment powerhouse in...Read More
LONDON (Reuters) -British manufacturers raised prices by the most since 1980 over the past three months as they sought to pass on rapidly rising costs for raw materials and manage acute labour shortages, a long-running survey showed on Thursday.The figures from the Confederation of British Industry are likely to fuel concerns at the Bank of England that short-term inflation pressures risk getting...Read More
* Most were for concerns around independence* Engaged with 520 companies, in-line with last year* Asia-Pacific companies account for more than half of meetingsLONDON, Oct 21 (Reuters) - BlackRock, the world's biggest asset manager, said on Thursday it had voted against the re-election of more than 800 company directors during an Asia-dominated third quarter for annual general meetings.The biggest...Read More
Oct 21 (Reuters) - Candy Digital, a non-fungible token (NFT) startup launched by sports merchandise retailer Fanatics, has raised fresh capital at a valuation of $1.5 billion from investors led by Insight Partners and SoftBank Vision Fund 2.An NFT is a kind of crypto asset that records ownership of digital items. Candy Digital is currently building Major League Baseball's (MLB) official NFT ecosys...Read More
* Lira slips more than 2%* Chinese stocks rise, real estate sector gets some relief* Russian rouble hit by new COVID variant, fresh curbs (Updates with Turkey rates)Oct 21 (Reuters) - Turkey's lira slumped to a record low on Thursday after the central bank cut interest rates by twice as much as expected, while most other emerging market currencies fell on concerns over rising global inflation.The...Read More
LAS VEGAS, Oct 21 (Reuters) - Private jet demand has boomed during the pandemic as the wealthy took control of their travel, yet the flight to luxury could have limited runway as some buyers spend beyond their means and the sector presents a prime target for climate critics.Bidding wars for second-hand planes and premiums for early delivery of new ones dominated chatter at the National Business Av...Read More
NEW YORK (Reuters) -Corporate results in the industrial and materials sectors could offer a snapshot of how companies in a key swath of the U.S. economy are dealing with surging inflation, supply chain bottlenecks and higher commodity prices.Companies in those sectors -- which include logistics and transportation firms, major chemical makers and manufacturers and suppliers for the aerospace, autom...Read More
(Reuters) - The Federal Aviation Administration (FAA) said Thursday it was proposing to require flight attendants receive at least 10 hours of rest time between shifts after Congress had directed the action in 2018, according to a document released Thursday.Airlines for America, a trade group representing major carriers including American Airlines, Delta Air Lines, United Airlines and others, had...Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - Bitcoin-U.S. dollarare abit weaker in early U.S. trading Thursday, on a normal downside correctionfollowing strong gains this week that have pushed prices to a record high. TheBitcoin bulls have the st...Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - Gold and silver prices lowerin early U.S. trading Thursday, on routine corrective pullbacks after recent gains.A firmer U.S. dollar index on this day is also a negative outside market elementfor the...Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - Palladium is in a very interesting place at the moment. The pricehas stalled on the downside but is stuck between a rock and a hard place forthe bulls. The drop had been quite something after the great...Read More
New Found Announces $48 Million Investment by Eric SprottCanada NewsWireVANCOUVER, BC, Oct. 21, 2021Read More
Editor's Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today's must-read news and expert opinions. Sign up here! (Kitco News) - Karen Jones FSTA and the technical team at Commerzbank have been tracking the gold market closely this year. In its latest report the bank note, that gold continues to recover from the 78.6% retra...Read More