Japanese investors' net purchases of foreign bonds nosedived 94.6% on the year to 1.1 trillion yen ($9.9 billion) in 2017, the Finance Ministry reported on Friday, the first annual decline in four years.Read full newsRead More
ETX Capital's senior market analyst Neil Wilson gives his view on the collapse of Carillion PLC (LON:CLLN).The construction company confirmed its collapse today after the failure of talks with key financial and other stakeholders, including the UK government over the course of the weekend and has taken steps to enter into compulsory liquidation with immediate effect. Meet Netscientific PLC,...Read More
Gervaise Heddle, chief executive of Greatland Gold plc (LON:GGP), tells Proactive their involvement with Newmont Mining (NYSE:NYM) at the Ernest Giles project has left the project considerably better off.Newmont undertook a Deep Sensing Geochemistry survey at Ernest Giles and defined a new large gold anomaly covering an area of approximately 5 kilometres by 1.5 kilometres untested by previous dril...Read More
Ford Motor Co will significantly increase its planned investments in electric vehicles to $11 billion by 2022 and have 40 hybrid and fully electric vehicles in its model lineup, Chairman Bill Ford said on Sunday at the Detroit auto show.Read full newsRead More
One of the biggest diamonds in history has been discovered in the mountainous kingdom of Lesotho in southern Africa.Read full newsRead More
The average E.V. requires 80kg more copper than a regular vehicle. There is also significant copper needed to build out E.V. infrastructure in the power grid as well as battery charging infrastructure.Read full newsRead More
Copper jumped by the most in two months and zinc hit a fresh decade-high as base metals rallied on a potent combination of a softer dollar, dwindling inventories and continued robust outlook for demand. Palladium rallied to a new record as all precious metals climbed.Read full newsRead More
Ford Motor Co. will more than double spending on electrified vehicles, amplifying its investment in a segment that the auto industry sees growing from what's now just a fraction of the market.Read full newsRead More
Canada's Tahoe Resources (TSX:THO)(NYSE:TAHO) is laying off 250 employees, or roughly a quarter of the staff from its flagship Escobal silver mine, in Guatemala, as a legal battle to having the mining license for the site reinstated drags on.The Vancouver-based company had to halt operations at the mine last July after the country's Supreme Court provisionally ordered so following an appeal from...Read More
Shares in Canadian precious metals producer McEwen Mining (TSX, NYSE:MUX) were up Monday as gold prices touched the highest level since early September during the European trading session, and the company reported 2017 and Q4 results.The Toronto-based company said it produced 109,947 gold ounces and 3,178,742 silver ounces, last year, roughly in line with full-year guidance of 109,500 ounces of...Read More
The re-start of a mothballed zinc mine in Australia is turning out to have a strong upside for both the mining company and its investors. Read full newsRead More
In 2018, retail sales in China are expected to equal or surpass sales in the United States for the first time.Read full newsRead More
Shares in Africa-focused Gem Diamonds (LON:GEMD) skyrocketed Monday morning after the miner announced the recovery of what it qualified as the fifth biggest gem-quality diamond ever found.The 910-carat, D colour, Type IIa rough diamond was unearthed at the firm's flagship Let??eng mine in Lesotho. According to analysts at Liberum, it could fetch as much as $40 million, based on previous sales...Read More
Up to 20cm of snow is possible on high ground, with ice, strong winds and power cuts also possible, according to weather warnings.Read full newsRead More
Government predicts output will increase to more than 2.4 million barrels per day despite crumbling economyRead full newsRead More
The world-beating rally in Nigerian stocks may not be over yet.Read full newsRead More
Turkish forces hit Syrian Kurd militia with artillery fire as President Erdogan vows attack on YPG-controlled Afrin.Read full newsRead More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK CIN Index continued its 4 month climb, closing 8.5 points higher at 1300.91.New support levels are 1280 and 1286, while resistance is at 1302 and 1300.Our long-term momentum indicator MACD fell 1.25 to 0.22. On the plus side, the fast and slow lines remain between 6.83...Read More
Not the place you would think.Read full newsRead More
Gold enjoyed a nice lift late last week as the yellow metal cruised to $1,337.40 at the close of trading Friday in New York. Read full newsRead More