* Deal commits to 100 pct sustainable aluminium by 2020* Sustainability criteria include emissions, biodiversity* Mining companies seek to improve their image* Nespresso battles competition on sustainable packagingLONDON - Nespresso, part of food giant Nestle, aims to use sustainable aluminium in all of its coffee capsules by 2020 under a deal with mining major Rio Tinto announced on Monday.Both c...Read More
"Aben Extends Mineralized Envelope around High-Grade Gold Discoveries at North Boundary on the Forrest Kerr Project in BC's Golden Triangle @Aben_ABN https://t.co/8mIEZvbTCe"Read full newsRead More
BOGOTA - Colombia's main mining industry group said on Monday it was optimistic a new tax bill that includes a cut to corporate taxes will help attract more foreign investment, allowing companies to boost exploration and output in the coming years.The financing law helps to guarantee the competitiveness of the industry that competes with countries like Peru and Chile for attracting investmentsThe...Read More
BOGOTA - Colombia's main mining industry group said on Monday it was optimistic a new tax bill that includes a cut to corporate taxes will help attract more foreign investment, allowing companies to boost exploration and output in the coming years.The financing law helps to guarantee the competitiveness of the industry that competes with countries like Peru and Chile for attracting investmentsThe...Read More
Just when Deutsche Bank probably thought the worst of its legal troubles were behind it...Read full newsRead More
WASHINGTON (Reuters) - Three Democratic senators launched a new legal challenge on Monday to President Donald Trump’s naming of Matthew Whitaker as acting attorney general, accusing Trump of depriving the U.S. Senate of its constitutional power to act on such appointments.The lawsuit was filed in federal court in Washington by Senators Richard Blumenthal, Sheldon Whitehouse and Senator Mazie...Read More
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(Kitco News) - Gold andsilver prices are near steady in quieter early-afternoon U.S. trading Monday. Somebacking and filling on the daily charts was seen in gold following recent goodgains. December gold futures were last up $0.70 an ounce at $1,223.80. December Comex silver was last up $0.003 at $14.385 an ounce. Globalstock markets were mixed in subdued, pre-holiday trading overnight. U.S. st...Read More
(Kitco News) - Gold and silver prices are near steady in quieter early-afternoon U.S. trading Monday. Some backing and filling on the daily charts was seen in gold following recent good gains. December gold futures were last up $0.70 an ounce at $1,223.80. December Comex silver was last up $0.003 at $14.385 an ounce. Global stock markets were mixed in subdued, pre-holiday trading overnight. U.S...Read More
GENEVA (Reuters) - China plans to propose reforms of the World Trade Organization, China’s ambassador to the WTO Zhang Xiangchen said, while warning fellow WTO members against seeing reform as a chance to put China in a straitjacket.Zhang was speaking at a lunch during a WTO conference in Paris on Friday, where diplomats and officials discussed ideas about reforming the WTO, largely driven b...Read More
Goldman predicts 2.5 percent and 2.2 percent growth in the first two quarters of 2019, respectively, but then just 1.8 percent and 1.6 percent real GDP growth in the final two quarters."We expect tighter financial conditions and a fading fiscal stimulus to be the key drivers of the deceleration," wrote the bank's chief economist, Jan Hatzius.But Goldman believes the U.S. will skirt a recession nex...Read More
RIYADH - Saudi Arabia's King Salman will inaugurate on Thursday the Waad Al-Shamaal project, a 440-square-km city for mining industries in the country's northern region, Al Arabiya TV said, quoting energy minister Khalid al-Falih.The project will cost 85 billion riyals ($22.7 billion) and create 10,000 jobs, Falih said. It is part of an industrial scheme aimed at opening up Saudi's north to develo...Read More
LONDON (Reuters) - British Prime Minister Theresa May vowed on Monday to stick to her draft European Union divorce deal as dissenting lawmakers in her own party tried to trigger a leadership challenge.Since striking a deal with the EU on Tuesday, May has faced the most perilous crisis of her premiership with several cabinet ministers resigning, including her Brexit minister.May has pledged to figh...Read More
"Canada Cobalt Works has been consistently posting high grades of #cobalt - are you tracking them yet?Read between the lines: https://t.co/qUEuifwFII#MomentumStocks #CCW $CCW $CCWOF #mining #hotstocks #silver #cobalt #batterymetals #tesla @canadacobalt"Read full newsRead More
But AKER is running out of steam today at a key trendlineThe top stock on the Nasdaq so far today is Akers Biosciences Inc (NASDAQ:AKER), up 70% to trade at $2.12, after the company announced plans to enter the cannabis industry. More specifically, the medical device maker's board met with numerous marijuana-related companies recently at a conference in Las Vegas.This is shaping up to be AKER's b...Read More
BRUSSELS (Reuters) - Italy will stick with its 2019 budget plan despite criticism from the European Commission but talks are continuing, Economy Minister Giovanni Tria said on Monday after attending a meeting of euro zone finance ministers.Italy is at loggerheads with the Commission and many fellow euro zone governments over its big-spending budget. Brussels has rejected the package, saying it fai...Read More
(Reuters) - Danske Bank (DANSKE.CO) is embroiled in a money laundering scandal that has triggered criminal investigations, forced out its CEO and chairman and rattled investors in Denmark’s largest bank.An internal investigation, published in September, charted how 200 billion euro ($229 billion) flowed through Danske Bank’s tiny Estonian branch from clients registered or incorporated...Read More
Apple is near the bottom of the Dow at middayA sharp sell-off in tech stocks is weighing on the broad market at the start of the short Thanksgiving week. With Apple (AAPL) among the worst stocks on the Dow Jones Industrial Average (DJI) at midday on fresh iPhone production concerns, the blue-chip index is down more than 300 points. The S&P 500 Index (SPX) and Nasdaq Composite (IXIC) are wallowing...Read More
Maurice Jackson is the founder of Proven and Probable, a site that aims to enrich its subscribers through education in precious metals and junior mining companies that will enrich the world.Maurice Jackson: Joining us for a conversation is the Mercenary Geologist, Mickey Fulp. Pleasure to speak with you.Mickey Fulp: Thank you, sir.Maurice Jackson: Mickey, one of the concerns that I think speculato...Read More
JD stock is down after third-quarter sales fell short of expectationsJD.com Inc (NASDAQ:JD) stock is lower after the company stepped into the earnings confessional. Shares of JD are dangerously close to new lows, after the Chinese e-commerce giant missed the mark on third-quarter revenue. The company also forecast fourth-quarter sales growth below expectations. It has been a rocky year for JD sto...Read More