Oyu Tolgoi, one of the world's largest copper-gold-silver mines, has lifted its one-and-a-half-month long force majeure on concentrates delivery with effect from March 1, operator Turquoise Hill said on Wednesday February 28. The Vancouver-based company, majority-owned by Rio Tinto, is confident that any force majeure-related sales impact will be "made up over the next few quarters," according to...Read More
* +0.1% in early Tokyo - FX sidelined as stocks slump - Nikkei -2.5%* Economists poll suggests EZ growth has peaked, but resilient * Bullish outside day would be validated by a close above 1.2273 NY high * Momentum studies conflict, 5, 10 & 20 DMAs slip - negative setup* Targets a close below 1.2172, 38.2% Nov/Feb rise, tested in NY* 1.2200-10 913M, 1.2250 2.6BLN & 1.2300 826M are the clos...Read More
Massive chalcopyrite (copper) is evident on this ML Gold drill core from its Stars property in British Columbia. Source: ML Gold Corp.The company said hole 4 (DDE18SS004) has intersected 0.45% copper (0.50% copper equivalent) over 204 metres, including 1.02% copper equivalent (0.93% copper) over 40.2 metres from surface.However, ML Gold shares tumbled on the news, falling 19.61% or $0.05 to 20.5 c...Read More
Codelco's commercial vice president, Rodrigo Toro, and the general manager of its Salvador division, Juan Carlos Avenda??o, are leaving the company, the Chilean copper miner said late on Wednesday February 28.Toro will leave Codelco on April 1 and will be replaced by Roberto Ecclefield, who is currently in charge of sales for the company's...Read More
(Refiles to fix typographical error in first paragraph)* Trump's tariff on steel and aluminium raises trade warfears* U.S. debt yields fall as trade worries dwarf inflationjitters* U.S. junk bonds post largest fall since Nov 2016By Hideyuki SanoTOKYO, March 2 (Reuters) - Stock markets in Asia extended aselloff on Wall Street as investors were rattled after PresidentDonald Trump announced the Unite...Read More
1 Non-IFRS measure. See under “Non-IFRS Measures” at the end of the press release. See also the Corporation’s financial statements and management discussion and analysis for the reconciliation of this non-IFRS measure.Corporate highlightsOn October 2, 2017, Monarques completed the acquisition of the Quebec assets of Richmont Mines in conjunction with the closing of a $6.5 million...Read More
* Dollar index pulled back from 6-week highs* Trump's steel & aluminium tariff plan stops dollar'srecovery* Euro awaits weekend Italy elections for near-term cues* Pound edges off 7-week lows, focus on May's speechBy Shinichi SaoshiroTOKYO, March 2 (Reuters) - The dollar drooped on Friday,having pulled sharply back from six-week highs after U.S.President Donald Trump's decision to impose tarif...Read More
Institute for Supply Management says tariffs a 'big mistake'Markets also digest Fed Chairman Powell's Senate testimonySebastien Page, head of asset allocation at T. Rowe Price, says "we're entering a period of turbulence."U.S. stocks plunged and Treasuries climbed Thursday after U.S. President Donald Trump promised to impose substantial tariffs on foreign metals, drawing a rebuke from a manufactur...Read More
Ontario is helping Smooth Rock Falls open a new grocery store, after the community's only grocery store was destroyed by a fire in 2015. Through the Northern Ontario Heritage Fund Corporation (NOHFC), the province partnered with the Town of Smooth Rock Falls to purchase and renovate a building on Highway 11 in the community for use as a grocery store. This renovation project includes upgrades to...Read More
(Adds details of Lui He's meetings)WASHINGTON, March 1 (Reuters) - The Trump administrationheld "frank and constructive" talks with Chinese President XiJinping's top economic adviser, Liu He, on Thursday, a WhiteHouse official said, the same day U.S. President Donald Trumpsaid he would impose steep tariffs on imported steel andaluminium in a veiled threat to China."We underscored th...Read More
** Australia's gold index rises as much as 1.3 pct,in a broader market that fell about 0.8 pct** Gold prices edged up from 2-month lows hit in theprevious session as the dollar scaled back from multi-week highs** The dollar fell to two-week lows against the yen anddropped from seven-week highs versus the euro on Thursday onfears of an imminent trade war after U.S. President Donald Trumpsaid the Un...Read More
Turkish steel producers have continued to book deep-sea scrap for April while the prices were still rising, sources said on Thursday March 1.A steel mill in the Iskenderun region booked a Canadian cargo, comprising 30,000 tonnes of HMS 1&2 (90:10), 10,000 tonnes of shredded and 10,000 tonnes of plate and structural scrap (P&S) at an average price of $372...Read More
EMX Royalty Corporation (TSX Venture: EMX, NYSE American: EMX) is focused on a core business strategy of developing cash flows from a growing portfolio of royalty property interests.We learned from David Cole, President and CEO of EMX, that the Company not only developed royalties organically through generative exploration, but also by prudently purchasing royalty interests. As a complement to the...Read More
* Flat as Asia open - closed +0.1%, capped by Brexit uncertainty * May to outline wide ranging free trade agreement today * 1.3712 rebound leaves hammer reversal signal - close above 1.3785validates* Momentum studies, 5, 10 & 20 DMAs head lower - bearish trending setup* 1.3700, 61.8% Dec/Jan rise initial significant support* NY 1.3712/1.3785 range is initial support/resistance<^^^^^^^^^^^^^...Read More
* USD/CNY fix estimate range 6.3300-6.3350 vs prev 6.3352* O/n DXY slippage to drag fix down from 6.3430 official close* Announcement of US tariffs may impact CNY fix * China could use FX as tool to retaliate * Whittling the yuan would help offset Trump's tariffs <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^CNYfix: ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>...Read More
* USD/JPY initially up o/n on good US data but trade takes limelight later.* From 107.20, pair down hard on Trump goes on trade offensive.* Japan not targeted as of yet but part of greater Asia, mood risk off.* Nikkei already in 2.4%+ plunge after TSE open, US Treasury yields off too.* 106.16 low o/n, Asia so far 106.08-27, some bids still pre-106.00.* Total USD1.6 bln+ option expiries 106.50-107....Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop CSE New Listing - Meadow Bay Gold Corporation (MAY); @CSE_News March 1, 2018 (Investorideas.com Newswire) The common shares of Meadow Bay Gold Corporation have been approved for listing on the CSE.Listing and disclosure documents will be available at www.th...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Analyst Sees Four Times Upside on Emerging Producer with Nevada Gold ProjectSource: Streetwise Reports March 1, 2018 (Investorideas.com Newswire) H.C. Wainwright & Co., whose target price on this emerging producer is a quadruple, relayed the latest developm...Read More
980 days before election day 2020, Trump announced his intention to run for re-election.This is the perpetual election cycle that the United States lives in. And it is what Trump is good at. He is an entertainer. He is the perfect distraction. When the focus is on Trump, nothing substantial gets discussed.It would be better to talk about what is getting planted in the garden, which cryptocurrencie...Read More
WASHINGTON, March 1 (Reuters) - U.S. President DonaldTrump's top economic aides held "frank and constructive" talkswith Chinese President Xi Jinping's top economic adviser, LiuHe, on trade and economic relations on Thursday, a White Houseofficial said."We underscored the importance of achieving balance andreciprocity in the economic relationship," the official said ofthe meetin...Read More