WASHINGTON (Reuters) - U.S. President Donald Trump was expected to sign Congress' newly passed $1.3 trillion spending bill on Friday, a White House official said, ending suspense over a threat he made hours earlier to veto the budget and shut down the federal government.In the latest episode of the Republican president throwing his White House, Congress, and the federal government off balance, Tru...Read More
Gem Diamonds (LN:GEMD) has had a good 2018 so far, with seven plus-100 carat diamonds already recovered at its 70%-owned Let??eng mine in Lesotho, matching the total recovered in 2017.Clifford Elphickhas seen many changes in the diamond sector over the years22 MARCH 201822/03/2018commentsshare Mining Journal spoke to GEM CEO Clifford Elphick about the recoveries and what the company is planning fo...Read More
The Mint Corporation (TSXV:MIT) expects higher revenue per cardholder from the mobile wallet and new servicesSmallCapPower | March 23, 2018: Mint mobile wallet poised for April launch in the UAE. On March 22, 2018, The Mint Corporation (TSXV:MIT) announced that its majority-owned subsidiary, Mint Middle East LLC ("MME"), is expected to commercially launch the mobile wallet application in April. In...Read More
Drilling operations on Allegiant Gold's Eastside gold property near Tonopah, Nevada. Source: Allegiant Gold Ltd.Allegiant Gold Ltd. [AUAU-TSXV], the new spin-out company comprised of the Western U.S. exploration assets of Columbus Gold Corp. [CGT-TSX; CBGDF-OTCQX], has added a second drill rig to the resource expansion program currently under way at Allegiant's100%-owned Eastside gold project, loc...Read More
An overview of the minor metals markets and the reasons for any price moves.Read More
WASHINGTON (Reuters) - The U.S. Federal Reserve said on Friday its remittances to the U.S. Treasury fell to $80.6 billion in 2017, in part because the central bank made larger interest payments to financial institutions.The Fed regularly transfers its profits, known as remittances, to the Treasury Department in what amounts to payments to U.S. taxpayers.In 2016, the Fed sent $91.5 billion to the T...Read More
WASHINGTON, March 23 (Reuters) - U.S. House of Representatives leaders have no plans to call members back to Washington for a special session in response to President Donald Trump's surprising threat to veto legislation funding the government and averting a federal shutdown, a senior House aide said on Friday.The House and Senate have begun a two-week spring recess after hurriedly passing in the p...Read More
An overview of China's minor metals markets in the week of March 19-23 and the reasons for any price moves.Read More
America's Kittson-Cobalt property in the Cobalt Exploration Camp of northeast Ontario. Source: Power Americas Minerals Corp.In its heyday back in the early 1900s and beyond, Cobalt was predominantly a silver mining camp, one that produced cobalt as a by-product. But now that cobalt has emerged as a key ingredient in the production of lithium ion batteries needed to support the growing electric veh...Read More
Editor's Note: Updating earlier story with more details from report.(Kitco News) - Goldretained early-day gains after a government report Friday showing that Februaryorders for durable goods in the U.S. rose by 3.1% to $247.7 billion, led by asharp jump in orders for transportation equipment.Therise in orders reversed a 3.5% decrease in January. Consensus expectationscompiled by various news organ...Read More
Specter of heated trade spat has markets spooked, Kitco saysBullion advances as China pushes back against Trump's tariffsJim Paulsen Says This Is Still a Very Vulnerable MarketplaceGold futures posted the biggest weekly advance in almost two years, extending gains Friday and pushing up producer stocks, as mounting economic and geopolitical tensions fueled demand for the metal as a haven. Bull...Read More
The uncertainty created by the announcement of import tariffs under Section 232 in the United States kept Turkish steel mills out of the deep-sea scrap markets during the working week from Monday March 19 to Friday March 23, although strong demand in the US domestic market kept sentiment positive.But the poor demand for material sent Taiwanese import prices downward.Turkey importsThe Turkish steel...Read More
Centerra Gold's Mount Milligan copper-gold mine in central British Columbia. Source: Centerra Gold Inc.Centerra Gold Inc. [CG-TSX, CAGDF-OTC] said Friday March 23 that it has restarted its second ball mill circuit at its Mount Milligan Mine located 145 km northwest of Prince George, central British Columbia.As announced on February 5, 2018, milling operations were restarted (albeit at a reduced ca...Read More
The gold market has been actively changing over the past 20 years.Some of the triggers that once had a significant effect on gold prices are now almost completely ignored.It wasn't too long ago that a terrorist bombing or nuclear threat would send gold prices much higher. Today, gold barely reacts to these incidents.But there has been one consistent market-moving event that reliably creates signi...Read More
WASHINGTON (Reuters) - The leaders of the U.S. House Energy and Commerce Committee on Friday wrote Facebook Inc (FB.O) chief executive Mark Zuckerberg detailing new concerns about the social media company’s use of data and formally requesting that he testify at a future hearing.“The hearing will examine the harvesting and sale of personal information from more than 50 million Facebook...Read More
The light iron scrap market in the United Kingdom is unchanged this week, extending a steady trend from the previous week, although signs are emerging that prices may fall in the near term.The market has been steady for two weeks in a row after four weeks of price rises stemming from strengthening demand to key export markets such as Turkey and the Indian subcontinent. Metal Bulletin's price asses...Read More
7 Hot Things in the Markets Right Now Asia stocks wipe out all 2018 gains as trade war moves rattle markets.Nikkei 225 plunges 4.5% to a five-month low.China declares it's "not afraid" to go head-to-head with the U.S. on tariffs.Oil tests $70 a barrel as Saudis push for OPEC cuts into 2019.Wall Street futures suggest Dow will test Feb. 8 low.The Dow is only 0.4% above its Feb. 8 lows. Via J...Read More
Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCrypto CornerCompaniesMarketplaceShop International Lithium (TSXV: ILC) Provides Corporate Update Vancouver, British Columbia - March 23, 2018 (Newsfile Corp.) (Investorideas.com Newswire) International Lithium Corp. (TSXV: ILC) (the "Company" or "ILC") announces: Following the ann...Read More
The market for containerized ferrous scrap imports into India showed signs of softening this week amid poor scrap demand and weaker local steel prices, sources told Metal Bulletin on Friday March 23.Market participants shied away from buying imports at a time of uncertainty in the steel markets after no scrap deals were heard in the Turkish deep sea scrap market for the second consecutive week and...Read More
With a tear in her eye his mother joked that if J.C. was still alive, she would ground her sixteen-year-old son for killing himself. Unfortunately, her attempt to remain somewhat lighthearted after her son’s death reveals the tragic root of the problem.Teens have more legal restrictions than ever before. And as society continues to get stricter, teen suicide is skyrocketing.The suicide rate...Read More