BEIJING, Oct 8 (Reuters) - China has added cryptocurrency mining to a draft list of industries in which investment is restricted or prohibited, although it reduced the number of sectors on the list overall, a document released by the state planner showed on Friday.The so-called "negative list" details sectors and industries that are off-limits to both Chinese and foreign investors.Regulators in Ch...Read More
LONDON, Oct 5 (Reuters) - Central banks are at risk of over-promising on how they can respond to the challenges posed by climate change, a Nobel economics laureate whose work questions how well economic models cope with uncertainty has warned.Professor Lars Peter Hansen, an economist at the University of Chicago, raised particular concerns about moves by major central banks around the world to str...Read More
LONDON (Reuters) - New rules will be needed to deal with operational risks from banks relying on outsourced "cloud" computing from Amazon, Google, Microsoft and others for providing services to customers, the Bank of England said on Friday."Regulated firms will continue to have primary responsibility for managing risks stemming from their outsourcing and third-party dependencies," the BoE"s Financ...Read More
OSLO, Oct 8 (Reuters) - Maria Ressa and Dmitry Muratov, journalists whose work has angered the rulers of the Philippines and Russia, were awarded the Nobel Peace Prize on Friday, an award the committee said was an endorsement of free speech rights under threat worldwide.The two were awarded "for their courageous fight for freedom of expression" in their countries, Chairwoman Berit Reiss-Andersen o...Read More
(Adds details on Evergrande bondholder call, Fantasia restructuring plans, R&F downgrade by S&P)LONDON, Oct 8 (Reuters) - Chinese property firms watched their bonds take another beating on Friday as the prospect of a wave of defaults in the sector in the wake of China Evergrande's troubles continued to scare off investors.Among a frenzy of developments, advisers for Evergrande bondholders said the...Read More
BEIJING/TOKYO, Oct 8 (Reuters) - Japan's new Prime Minister Fumio Kishida said on Friday he had agreed in his first talks with Chinese President Xi Jinping since taking office on the need to work together on issues of shared concern."I frankly raised concerns between both countries from my side, and I suggested we should continue dialogue in the future," Kishida said in comments aired by public br...Read More
SHANGHAI/SINGAPORE, Oct 8 (Reuters) - China Evergrande Group (3333.HK) offshore bondholders are concerned that it is close to defaulting on debt payment obligations and are demanding more information and transparency from the cash-strapped property developer, their advisers said.Evergrande, which could trigger one of China's largest defaults as it wrestles with debts of more than $300 billion, h...Read More
Oct 8 (Reuters) - China ordered miners in Inner Mongolia to ramp up coal production and oil prices jumped on Friday as a record surge in the cost of gas revived demand for the most polluting fossil fuels to keep factories open and homes heated.The rebound in economic activity from coronavirus restrictions has exposed alarmingly low supplies of natural gas leaving traders, industry executives and g...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 prices are pushing higher as the U.S. labor market showed further weakness as fewer American's found jobs in September, potentially putting a crimp in the Federal Reserve's plan to shift its moneta...Read More
Avrupa Minerals is getting closer to solving the Sesmarias puzzle in Portugal, and the Critical Investor wants to know all about its exploration strategy. Drilling at Sesmarias; Alvalade ProjectAlthough Avrupa Minerals Ltd. (AVU:TSX.V; AVPMF:OTC; 8AM:FSE) and JV partner MATSA are progressing slowly but surely at the Sesmarias target, part of their flagship Alvalade project in Portugal, Avrupa re...Read More
Armoredvehicle-enabled soldiers and the designers who build them understand that amain battle tank must balance three critical elements in order to"complete the mission."Thishas been true conceptually since the time of David and Goliath, the ThreeHundred Spartans at Thermopylae, with Alexander the Greats' elite SilverShields, and tank battles in four Israeli wars.As ananalogy for those w...Read More
Sunday was once my favorite day. Church, then mimosas, then falling asleep on a hammock while reading TheNew York Times. Those were the days. Then church was canceled and replaced by public health messaging.Now Sunday is the day that the insufferable Anthony Fauci holds court on TV. Whatever he says dominates the headlines for the rest of the week. Reporters let him talk and talk and are either un...Read More
Armoredvehicle-enabled soldiers and the designers who build them understand that amain battle tank must balance three critical elements in order to"complete the mission."Thishas been true conceptually since the time of David and Goliath, the ThreeHundred Spartans at Thermopylae, with Alexander the Greats' elite SilverShields, and tank battles in four Israeli wars.As ananalogy for those w...Read More
Armoredvehicle-enabled soldiers and the designers who build them understand that amain battle tank must balance three critical elements in order to"complete the mission."Thishas been true conceptually since the time of David and Goliath, the ThreeHundred Spartans at Thermopylae, with Alexander the Greats' elite SilverShields, and tank battles in four Israeli wars.As ananalogy for those w...Read More
Armoredvehicle-enabled soldiers and the designers who build them understand that amain battle tank must balance three critical elements in order to"complete the mission."Thishas been true conceptually since the time of David and Goliath, the ThreeHundred Spartans at Thermopylae, with Alexander the Greats' elite SilverShields, and tank battles in four Israeli wars.As ananalogy for those w...Read More
Mr. Marcel Robillard reportsPUMA EXPLORATION CONTINUES AGGRESSIVE EXPLORATION ON THE O'NEIL GOLD TREND ON ITS WILLIAMS BROOK GOLD PROPERTY, ATLANTIC CANADA Puma Exploration Inc. has provided an update on the progress of the summer/fall 2021 exploration work program at its Williams Brook gold property in New Brunswick, Atlantic Canada. Inaugural drilling program at Williams Brook gold projectThe co...Read More
Mr. Cor Coe reportsSITKA COMPLETES CURRENT DRILLING PROGRAM AT ALPHA GOLD IN NEVADASitka Gold Corp. has completed the current phase of drilling at its Alpha gold project located at the southeast end of the Cortez trend in northern Nevada.Five holes were drilled for a total of 1,553 metres.All samples have been submitted to ALS Global Labs in Elko, Nev., for assay. This five-hole drill program comp...Read More
Mr. Kevin Keough reportsEVERGOLD COMPLETES SNOBALL DRILL PROGRAM IN B.C., AWAITS ASSAYS FROM STRONGLY MINERALIZED INTERCEPTS AT GOLDEN LION Evergold Corp. has released new intercepts of the C zone, Pyramid Peak, in this year's drill program on the Snoball property, located in northwest British Columbia's Golden Triangle. Due to the early onset of winter, the drill program has now wrapped up for a...Read More
Ms. Claudia Tornquist reportsKODIAK COPPER STRENGTHENS BOARD WITH ADDITION OF LANA EAGLEKodiak Copper Corp. has appointed Lana Eagle to the company's board of directors.Ms. Eagle is an indigenous relations strategist and a social innovator advising companies on how to better engage and work with indigenous communities. Her background is in banking, economic development, wealth management and miner...Read More
Mr. Steve Parsons reportsGOLDSOURCE ANNOUNCES ADDITIONAL DRILL RESULTS AT EAGLE MOUNTAIN INCLUDING 24.0 METRES (ETW) GRADING 3.87 GPT GOLD; INFILL PROGRAM SUBSTANTIALLY COMPLETE, RESOURCE UPDATE ON TRACKGoldsource Mines Inc. has released additional infill and expansion drill results for the company's 100-per-cent-owned Eagle Mountain gold project in Guyana, South America. Newly reported results ar...Read More