Peter KrauthSilver prices this week are rallying back after hitting a stumbling block last week, despite what Wall Street wants you to believe…Both the U.S Dollar Index (DXY) and 10-year Treasury yield rose and created significant resistance for silver prices.The dollar has been buoyed by a hawkish Federal Reserve, whose members commented that economic growth could accelerate faster than pre...Read More
The Chinese vanadium market remained sluggish after the Lunar New Year holiday came to an end last week, but the European and US markets continued to strengthen amid supply concerns. China market sluggish after holiday, prices steady Tightness in European market bolsters prices once again US market continues to strengthen on thin supplyChinese vanadium participants were slow in returning to the ma...Read More
WELLINGTON, Feb 28 (Reuters) - New Zealand businesses remained pessimistic about the outlook in February, though the mood improved somewhat from the previous month, an ANZ Bank survey showed on Wednesday.The survey's headline measure showed a net 19 percent of respondents expected the economy to deteriorate over the year ahead. It compared with a 37.8 percent pessimism level in the previousmonth's...Read More
Ray Gibbs, CEO of Haydale Graphene Industries PLC (LON: HAYD) tells Proactive Investors at the Graphene for U.S. Conference in New York, that America is trying to catch up with graphene commercialization, while the Asian graphene market pushes for the material.Haydale's Taiwan-based inks arm has agreed a deal to supply Japanese firm Graphene Platform (GPC), and will initially target Japan's electr...Read More
Feb 28 (Reuters) - For other diaries, please see:Top Economic Events Emerging Markets Economic Events Government Debt Auctions Political and General News U.S. Federal Reserve Today in Washington DATE COUNTRY AUCTION DETAILS 28-FebGermany Auction of 10-year Federal bonds 28-FebSwedenAuction of Treasury bills1-MarSpain Bond auction1-MarUnited KingdomAuction of 0 3/4 % Treasury Gilt 20231-MarJapan 3...Read More
Zambia, Africa's second largest copper producer, will begin enforcing a law that requires miners to transport 30% of their cargo by train, in a move aimed at boosting the country's rail sector.Mining companies have expressed their concerns about the rail system capacity, warning that the government has not properly considered the potential impact on the network.Transport Minister Brian Mushimba sa...Read More
Feb 28 (Reuters) - For other diaries, please see:Top Economic Events Emerging Markets Economic Events Government Debt Auctions Political and General News U.S. Federal Reserve Today in Washington -----------------------------------------------------------This Diary is filed daily. ** Indicates new events ----------------------------------------------------------- WEDNESDAY, FEBRUARY 28 SINGAPORE -...Read More
Milan Patel, chief executive at dotdigital Group PLC (LON:DOTD), tells Proactive they're on course to meet full-year expectations after what he describes as a "transformational" first half of the fiscal year.Revenue in the six months to December 31, 2017, surged to ?18.77mln from ?14.98mln the year before.Organic revenue grew 17% to ?17.5mln from ?15mln the previous year. Meet Scancell H...Read More
Almost exactly two years ago, the Venezuelan government signed a decree creating the Mining Arc of the Orinoco River National Development Strategic Zone, a project that outlined a 111,843 Sq.Km concession area (12.2 per cent of the country's landmass) for mining gold, diamond, iron ore, copper, bauxite, coltan, among other resources.Twenty-four months later, environmentalists say that the idea of...Read More
Feb 28 (Reuters) -For other diaries, please see:Top Economic Events Emerging Markets Economic Events Government Debt Auctions Political and General News U.S. Federal Reserve Today in Washington -----------------------------------------------------------This Diary is filed daily. ** Indicates new events ----------------------------------------------------------- WEDNESDAY, FEBRUARY 28 OTTAWA - Cana...Read More
Jo??o Andrade, chief executive of WideCells Group PLC (LON:WDC), tells Proactive's Andrew Scott they've taken a significant step today towards becoming an end-to-end stem cell service company.The group's been granted a licence by the UK's Human Tissue Authority, which allows them to import, export, process, store and distribute for treatment umbilical cord blood and tissue.What in practice this of...Read More
SHANGHAI, Feb 28 (SMM) - China’s official manufacturing purchasing managers’ index (PMI) stood at 50.3 in February, down from 51.3 in January, according to data released by the National Bureau of Statistics on Wednesday February 28. The country’s non-manufacturing PMI this month stood at 54.4, down from 55.3 in January. For editorial queries, please contact Daisy Tseng...Read More
(Repeats to attach to additional alert)TOKYO, Feb 28 (Reuters) - Japan's industrial output tumbled 6.6 percent in January from the previous month, government data showed on Wednesday, in a sign of a dip in corporate activity.The fall compared with a median forecast for a 4.2 percent decline and followed a revised 2.9 percent rise in the previous month.Manufacturers surveyed by the Ministry of Eco...Read More
Platinum group metals were the hardest hit on generally weak precious metals markets Tuesday after a German court ruled that cities in Europe's largest economy and world's fourth largest automaker have the right to ban diesel cars.The price of platinum were back in triple digit territory on New York futures markets on Wednesday falling 2% to a low of $983 an ounce. Palladium was also weaker at $1,...Read More
SHANGHAI, Feb 27 (SMM) – Nonferrous metals futures saw mixed trading on Tuesday February 27 with SHFE nickel leading the gain with 1% rise. SHFE lead was up close to 1% while tin and zinc inched up. Copper and aluminium were down slightly.The ferrous complex recovered some lost ground in the afternoon with iron ore closing 0.64% lower. Hot-rolled coil was up over 1% while coking coal, coke a...Read More
WASHINGTON, Feb 27 (Reuters) - Uranium miner Energy Fuels said on Tuesday it has won federal approvals to expand operations at two mines in southeastern Utah, after years of challenges from conservation groups worried about radon gas emissions.The Bureau of Land Management and the U.S. Forest Service last week approved the expansion of the company's La Sal complex near the Manti-La Sal National Fo...Read More
TOKYO, Feb 28 (Reuters) - Japanese retail sales rose 1.6 percent in January from a year earlier, compared with a median market forecast for a 2.1 percent increase, government data showed on Wednesday.For background, please see this PREVIEW To view full tables, go to the website of the Ministry of Economy, Trade and Industry at: (Reporting by Izumi Nakagawa Editing by Chang-Ran Kim) Disclaimer: Th...Read More
ArcelorMittal is planning to invest a further ?,?10 million ($12.31 million) by the end of this year in the expansion of its service center in Neuwied, Germany, the company said on Tuesday February 27.It had already invested ?,?6.5 million this year before the end of February, so that will bring the total for 2018 to ?,?16.5 million.The steelmaker processes flat steel at the site, which mainly com...Read More
FTSE 100 closes down 7 at 7,282FTSE 250 up 47 ptsMelrose unimpressed by results from bid target GKNFTSE 100 slipped into the red towards the close and finished down seven points at 7,282 after a fairly lacklustre day.On Wall Street the Dow Jones and Nasdaq have taken a hit after new chair of the Federal Reserve Jerome Powell appeared before Congress and struck a more hawkish tone on the cent...Read More
TOKYO, Feb 28 (Reuters) - Japan's industrial output tumbled 6.6 percent in January from the previous month, government data showed on Wednesday, in a sign of a dip in corporate activity.The fall compared with a median forecast for a 4.2 percent decline and followed a revised 2.9 percent rise in the previous month.Manufacturers surveyed by the Ministry of Economy, Trade and Industry expect output t...Read More