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London Property Sees Brave Bet By Norway As Foxtons Profits Plunge

March 08, 2018 / news.goldseek.com

- Sales in London property market at 'historic lows'- 65% fall in pre-tax profits in 2017 to ?6.5m reported by London estate agents Foxtons- Foxtons warns 2018 will 'remain challenging' for London property- Norway's sovereign wealth fund is backing London's property market- RICS: UK property stock hits record low as buyer demand falls- Own physical gold to hedge falls in physical propertyThe w...Read More

DRC president starts talks with miners over proposed mining code changes

March 08, 2018 / www.metalbulletin.com

Representatives of the Democratic Republic of Congo (DRC) mining industry are to start discussions on the mining code with the country's government following a meeting with the DRC president this week. The purpose of the meeting, which took place on Wednesday March 7, was to clarify certain aspects of the country's proposed new mining code. The code was passed by both houses of parliament in Janua...Read More

Trump says he'll stick to tariff levels; Mexico, Canada reject pressure

March 08, 2018 / www.kitco.com

WASHINGTON/SANTIAGO (Reuters) - President Donald Trump was set to press ahead with the imposition of 25 percent tariffs on steel imports and 10 percent on aluminum, although he said on Thursday he was willing to strike a deal that could exempt Canada and Mexico.Trump has offered relief from steel and aluminum tariffs to countries that “treat us fairly on trade,” a gesture aimed at putt...Read More

Aurora Cannabis U.S. Listing Could Be Fuel for Its Stock Price

March 08, 2018 / smallcappower.com

Announcement from Aurora Cannabis Inc. (TSX:ACB) comes after Canopy Growth (TSX:WEED) hinted at a NASDAQ listingSmallCapPower | March 8, 2018: Aurora Cannabis Inc. (TSX:ACB), one of the leading cannabis companies in Canada, aims to get listed on an international exchange and is exploring options for the same. Among others, Aurora Cannabis is considering listing its shares on the Nasdaq, the New Yo...Read More

East Asian stainless CRC prices widen

March 08, 2018 / www.metalbulletin.com

Stainless cold-rolled coil prices in East Asia widened over the past week with offers from China and Taiwan going in opposite directions, while those for stainless hot-rolled sheet narrowed on thin trading.Metal Bulletin's assessment of prices for benchmark 304 stainless 2mm trimmed CRC was $2,235-2,350 per tonne cif East Asian ports for the week ended Wednesday March 7, widening from $2,250-2,330...Read More

Sabina Gold launches spring drilling at Back River project

March 08, 2018 / resourceworld.com

Zhaojin mine tour of Sabina's Gold's Back River Project. Nunavut. Sourcer: Zhaojin International Mining Co. Ltd.,The company has commenced a 6,000-metre Phase one spring drill program. That will be followed by another 20,000 metres this summer.A key focus of the first phase program will be a follow up on last year's success at the Umwelt "Vault" and Llama Extension targets, where significant miner...Read More

Aztec Minerals is building critical mass at Cervantes

March 08, 2018 / feedproxy.google.com

Aztec Minerals (AZT.V) has released another batch of drill results and we continue to like what we see there. All three holes reported in the most recent update contain mineralization which starts at surface which indicates the Cervantes strip ratio could be pretty close to zero. With 170 meters at 0.42 g/t gold, 122 meters at 0.6 g/t gold and 28 meters at 0.35 g/t gold (all starting at surface) t...Read More

Mexico markets gain on report Mexico to escape Trump tariffs

March 08, 2018 / www.kitco.com

MEXICO CITY, March 8 (Reuters) - Mexican stocks rose and the peso currency hit an over one-week high on Thursday after the Associated Press reported that Mexico and Canada would be excluded from U.S. tariffs on steel and aluminum imports.The benchmark S&P/BMV IPC stock index was up 1.17 percent while the peso gained more than 0.4 percent to trade at 18.6295 per dollar, its strongest since Feb....Read More

Cobalt prices hit $40/lb as larger tonne inquiries dominate

March 08, 2018 / www.metalbulletin.com

Prices for high and low-grade cobalt metal rallied through the $40 per lb psychological barrier in the midweek pricing session, with scope to keep rising over the coming days and weeks. High prices are, at least for now, unlikely to deter purchasing, because tight supplies, strong demand from the battery and super-alloy sectors and larger volume inquiries are sufficient to underpin the latest gain...Read More

S&P rises after report on Trump tariff plan

March 08, 2018 / www.kitco.com

NEW YORK (Reuters) - The three major U.S. stock indexes gained ground on Thursday after a report that all countries could negotiate for exclusions from President Donald trump’s proposed metals tariffs and that Canada and Mexico could be exempted indefinitely.The Associated Press cited unnamed sources for its report less than an hour ahead of Trump’s expected announcement.“If you...Read More

Stocks, Bonds Rise as Trump Signs Off on Tariffs: Markets Wrap

March 09, 2018 / www.bloomberg.com

U.S. to impose 25% levy on steel and 10% on aluminumGreenback rises against euro; Treasury yields declineDraghi Says Change in ECB's Language Was UnanimousU.S. stocks rose after President Donald Trump announced tariffs that were narrower than some traders had anticipated. Treasuries and the dollar gained.The S&P 500 advanced for the fourth time in five days as investors found relief in the pre...Read More

Asia-Pacific nations sign sweeping trade deal without U.S.

March 08, 2018 / www.kitco.com

SANTIAGO (Reuters) - Eleven countries including Japan and Canada signed a landmark Asia-Pacific trade agreement without the United States on Thursday in what one minister called a powerful signal against protectionism and trade wars.In Washington, U.S. President Donald Trump vowed to press ahead with a plan to impose tariffs on steel and aluminum imports, a move that other nations and the Internat...Read More

DRC president starts talks with miners over proposed mining code changes

March 08, 2018 / www.metalbulletin.com

Representatives of the Democratic Republic of Congo (DRC) mining industry are to start discussions on the mining code with the country's government following a meeting with the DRC president this week. The purpose of the meeting, which took place on Wednesday March 7, was to clarify certain aspects of the country's proposed new mining code. The code was passed by both houses of parliament in Janua...Read More

DAILY SCRAP REPORT: Turkish mills hold back but more April deals expected

March 08, 2018 / www.metalbulletin.com

Turkish steel producers spent Thursday March 8 without making any deep-sea scrap transactions, but they are still expected to book more cargoes for April, according to market sources.The mills have booked a number of deep-sea cargoes this week, leading to an increase in the prices."Today, the scrap market was quiet, but Turkish mills need more...Read More

U.S. Fed Buys $3.4 Bln Of Mortgage Bonds, Sells None

March 08, 2018 / www.kitco.com

NEW YORK (Reuters) - The Federal Reserve bought $3.374 billion of agency mortgage-backed securities in the week from Mar. 1 to Mar. 7, compared with $2.985 billion purchased the previous week, the New York Federal Reserve Bank said on Thursday.In a move to help the housing market begun in October 2011, the U.S. central bank has been using funds from principal payments on the agency debt and agency...Read More

White House sets biofuel meeting; Trump will not attend: sources

March 08, 2018 / www.kitco.com

NEW YORK (Reuters) - The White House has made preliminary plans for a meeting on Monday between rivals in the corn and oil industries to discuss potential changes to the nation's biofuels policy, two sources familiar with the planning told Reuters.Unlike previous meetings on the issue, President Donald Trump will not be in attendance, the sources said on Thursday, though agency leaders and executi...Read More

Jack Chan's Weekly Precious Metals Update

March 08, 2018 / www.investorideas.com

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop Jack Chan's Weekly Precious Metals UpdateSource: Jack Chan for Streetwise Reports March 8, 2018 (Investorideas.com Newswire) Technical analyst Jack Chan charts recent movements in the gold and silver markets.Our proprietary cycle indicator is d...Read More

New Drilling Begins in NWT Deposit While Resource Estimate Grows at One of World's Largest Gold-Copper Deposits

March 08, 2018 / www.investorideas.com

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop New Drilling Begins in NWT Deposit While Resource Estimate Grows at One of World's Largest Gold-Copper DepositsSource: Streetwise Reports March 8, 2018 (Investorideas.com Newswire) This company had news on two fronts: drilling at its Northwest...Read More

Canada minister says U.S. tariffs, quotas unacceptable

March 08, 2018 / www.kitco.com

SANTIAGO (Reuters) - Canada ?s trade minister reiterated on Thursday the country ?s stance that it will accept no duties or quotas from the United States, speaking just hours before U.S. President Donald Trump was slated to slap new tariffs on steel and aluminum imports.“We are monitoring the situation. There is a very fluid situation. We were clear that any tariffs or quotas will be unaccep...Read More

Dictator for Life: The Rise of the American Imperial President

March 08, 2018 / www.thedailybell.com

"The presidency will survive. The real question is what leads American presidents into the imperial temptation. When the American presidency conceives itself as the appointed savior of a world in which mortal danger requires rapid and incessant deployment of men, weapons, and decisions behind a wall of secrecy, power rushes from Capitol Hill to the White House."-Historian Arthur Schlesinger, Jr....Read More

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