Engineer Mine Camp after buildings completed. Tutshi in mid distance. Lawsons camp above smoke stacks. Source: Yukon Archives. Reginald Brook Sr. fonds, #65.Frank Callaghan, founder and former chairman of Barkerville Gold Mines Ltd. [BGM-TSXV; BGMZF; IWUB-FSE], has acquired a 25% stake in Engineer Gold Mines Ltd., a unit of Blind Creek Resources Ltd. [BCK-TSXV] that is being spun out as a separate...Read More

LONDON, June 18 (Reuters) - China's offshore-traded yuan fell to a fresh five-month low against the dollar on Monday, slipping for the third consecutive day as rising trade tensions between the U.S. and China prompted investors to take bets on further yuan weakness.The offshore yuan weakened 0.4 percent against the greenback to trade at 6.4595 against the greenback, its weakest levels since mid-Ja...Read More

The Monday Market Minute Global stocks weaken as US/China trade was escalates.Emerging market stocks crushed as investors dump shares in the face of surging dollar.Wall Street set for weaker open as risk sentiment dims; Treasury yields fall in safe-haven trading flows.Euro slump continues following dovish ECB guidance, German government crisis.Oil edges lower amid trade concerns, output inc...Read More

G?(C)camines is to invite all of its joint venture partners to discuss the terms and conditions of their mining contracts with it in an effort to restructure them, the chairman of the Congolese state-run company said. According to Albert Yuma, the goal of the various discussions will be to ensure reasonable levels of capitalization and more shared decision-making mechanisms. "Otherwise, we will no...Read More

LONDON (Reuters) - Global stocks slid on Monday and U.S. oil prices slumped after U.S. President Donald Trump announced tariffs on Chinese goods and Beijing responded with similar measures in an escalating trade dispute.Fears the spat between the world’s two largest economies could intensify added to pressure on oil prices, which extended Friday’s big fall into the start of week, while...Read More

VILNIUS (Reuters) - The wording of the European Central Bank’s interest rate guidance suggests a decision on a possible hike around the autumn of 2019, Governing Council member Vitas Vasiliauskas said on Monday.The ECB last week said it expected its key interest rates to stay unchanged at least “through” the summer of 2019, leaving investors guessing whether it could mean a decis...Read More

LONDON (Reuters) - Cryptocurrencies are not scalable and are more likely to suffer a breakdown in trust and efficiency the greater the number of people using them, the Bank of International Settlements (BIS)said on Sunday in its latest warning about the rise of virtual currencies.For any form of money to work across large networks it requires trust in the stability of its value and in its ability...Read More

Comex copper prices on Monday June 18 are on a three-day downturn to a two-week low amid escalating trade conflicts between the United States and China. Copper for July settlement on the Comex division of the New York Mercantile Exchange fell 3.65 cents or 1.2% to $3.1080 per lb. Earlier, the contract traded at $3.1065, the lowest since June 4. A rekindling of trade disputes between the US and Chi...Read More

South32 will acquire the remaining 83% stake in junior zinc miner Arizona Mining for $1.3 billion in cash, the company said on Monday June 18. At an offer price of C$6.20 ($4.70) per share, South32 will pay a 50% premium over the Arizona Mining closing price on Friday June 15, it said. Arizona mining is the owner of the greenfield Hermosa project, which includes a zinc-lead-silver sulfide deposit...Read More

LONDON (Reuters) - The euro fell back toward three-week lows on Monday as the escalating threat of a global trade war and a dispute in Germany’s governing coalition weighed on the single currency.After suffering a big fall last week when the European Central Bank struck a dovish tone, the euro was pinned lower again on Monday, trading down 0.3 percent at $1.1576 EUR= and not far from its r...Read More

G?(C)camines is to invite all of its joint venture partners to discuss the terms and conditions of their mining contracts with it in an effort to restructure them, the chairman of the Congolese state-run company said. According to Albert Yuma, the goal of the various discussions will be to ensure reasonable levels of capitalization and more shared decision-making mechanisms. "Otherwise, we will no...Read More

MELBOURNE (Reuters) - Australia’s South32 Ltd has bid $1.3 billion to take full control of Arizona Mining, offering a hefty premium for the Toronto-listed firm which is developing zinc, lead, manganese and silver assets.The offer of C$6.20 per share was pitched at a 50 percent premium to Arizona’s last close and implies a total equity value for Arizona Mining of $1.6 billion, South32 s...Read More

* LME/ShFE arb: bit.ly/2wZSAE* GRAPHIC-2018 asset returns: tmsnrt.rs/2jvdmXl (Update throughout, changes dateline from MELBOURNE)By Zandi ShabalalaLONDON, June 18 (Reuters) - Copper eased for a third session on Monday on fears trade tensions between the world’s two largest economies could escalate and demand from China could cool following lacklustre data last week.Benchmark copper on the...Read More

CALGARY - Baytex Energy Corp. and Raging River Exploration Inc. have signed a deal to merge operations.The combined company, which will operate under the Baytex name, is expected to have production of approximately 94,000 barrels of oil equivalent per day from a diverse portfolio of oil assets that includes the Viking, Peace River, Lloydminster and East Duvernay Shale regions in Canada and the Eag...Read More

VANCOUVER - Shares of Arizona Mining Inc. soared in early trading after the company announced a deal to be acquired by Australian company South32 Ltd. that valued the company at about $2.1 billion.Under the deal, South32, which already holds a 17 per cent stake in the company, has agreed to pay $6.20 per share for the shares it does not already hold.Shares in Arizona Mining were up $2.00 or about...Read More

An overview of the battery raw materials markets and their price moves from the past week. Read More

Really? Cryptocurrencies are an "environmental disaster" that could crash the global internet, a central bank advocacy has warned, noting that the dependence on miners to verify digital token transactions puts not only their final value at risk but also means that trust in the broader system could "evaporate" at any time. The Bank for International Settlements, which is often described as the "c...Read More

Every single day, millions of Americans demonize capitalism as an intrinsically evil system of repression.Of course, this is nothing new. Anti-capitalism dates all the way back to the very beginnings of capitalism, though it was popularized by Karl Marx in the mid-19th century.Since then, the word continues to be misconstrued and weaponized by the lower classes to use against the wealthy.But let's...Read More

NEW YORK (Reuters) - Oil prices rose on Monday in volatile trade as market participants lowered their expectations for how much OPEC might increase production and investors assessed the impact of a trade dispute between the United States and China.U.S. crude oil CLc1 rose 79 cents a barrel to settle at $65.85. The contract traded at a two-month low of $63.59 early in the session. Brent crude LCOc1...Read More

WASHINGTON (Reuters) - JPMorgan Chase Bank NA JPM_pd.N will have to pay a $65 million civil penalty to settle charges that it attempted manipulating ISDAfix benchmark swap rates between 2007 and 2012, the U.S. Commodities Futures Trading Commission said on Monday.The derivatives regulator said the bank made false reports and attempted to manipulate the U.S. Dollar International Swaps and Derivativ...Read More