The blockchain is coming to commodity markets, Blythe Masters told guests at the London Metal Exchange annual dinner during LME Week.The virtual ledger technology underlying cryptocurrencies such as Bitcoin promises greater confidentiality, fewer paper exchanges, better provenance and a boost in productivity, the former JPMorgan Chase & Co. executive said in a speech at the gathering Tuesday night...Read More
"Ely Gold Royalties Announces Purchase of Fenelon Royalty From Balmoral Resources @ElyGoldNevada https://t.co/Te9JNogzNB"Read full newsRead More
Vancouver, BC - IsoEnergy Ltd. (TSX-V: ISO | OTCQX: ISENF) (the "Company" or "IsoEnergy") is pleased to provide an update on exploration targeting results for extensions of uranium mineralization intersected in previously reported drill hole LE18-01A - the Hurricane zone.Exploration Targeting HighlightsFollowing up on high-grade uranium discovered in the prolific eastern Athabasca BasinTargeting...Read More
Graphite Creek Project is the largest known large-flake graphite deposit in the United StatesVancouver, BC - Graphite One Resources Inc. (TSX-V:GPH | OTCQX:GPHOF) ("Graphite One" or the "Company") commented today on the release of a White House/U.S. Department of Defense ("DoD") report offering a comprehensive review of the U.S. Defense Industrial Base, which identifies "almost 300 vulnera...Read More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") announces it has executed a second channel partnership agreement with a Product Information Management provider ("PIM") based out of Europe, expanding Venzee's geographic reach to the European Union. The channel partner will refer Venzee technology to its clients looking for content transformation and distr...Read More
WASHINGTON (Reuters) - Tesla Inc (TSLA.O) claimed its Model 3 electric car has the lowest risk of occupant injury of any vehicle in U.S. government tests, but the National Highway Traffic Safety Administration on Tuesday said the claim goes beyond the scope of its analysis.The auto safety’s agency’s 5-Star Safety Ratings Program uses three crash tests and a rollover resistance assessme...Read More
With a ruined 13th Century castle, the Irish town of Carlow is an unlikely staging post in the super-charged rise of a key player in China's push to dominate the global electric-vehicle revolutionGafeng accounts for about a quarter of battery-grade lithium hydroxide, the material that's now most sought after by automakersGanfeng Lithium Co. sent a team to the town - a 90-minute drive southwest of...Read More
The Nasdaq is on track for its lowest close since early JulyStocks are getting gashed today, with the Dow Jones Industrial Average (DJI) down more than 375 points and on track for its worst day since May 29. Tech giants such as Intel (INTC) and Microsoft (MSFT), as well as FAANG stocks like Alphabet (GOOGL) are selling off at a dramatic rate, putting theNasdaq Composite (IXIC) on pace for its lo...Read More
LONDON (Reuters) - Sterling GBP=D3 hit a new 3-1/2 month high versus the euro and added to gains against the dollar on Wednesday on optimism that Britain and the European Union can agree a Brexit deal soon.Britain’s ITV News reported late on Tuesday that the two sides had made progress in negotiations over an Irish border backstop, a key hurdle in reaching a Brexit deal.“We’ve...Read More
The brokerage firm also started coverage with an "outperform" ratingWells Fargo initiated coverage on Crispr Therapeutics AG (NASDAQ:CRSP) with an "outperform" rating and a $65 price target -- a more than 75% premium to last night's close. In reaction, CRSP stock is up nearly 0.8% to trade at $37.20.This upbeat outlook echoes the broader trend seen on Wall Street. Outside of a rare bear note a few...Read More
SafeFrame ContainerWASHINGTON (Reuters) - China is waging an unprecedented campaign to influence American public opinion as November congressional elections approach and presents the greatest long-term counterintelligence threat to the United States, U.S. security officials said on Wednesday.Senators on the Homeland Security Committee questioned Homeland Security Secretary Kirstjen Nielsen and FBI...Read More
SAO PAULO/BRASILIA (Reuters) - The chief economic advisor to Jair Bolsonaro, Brazil's far-right presidential front-runner, is under a federal investigation for alleged fraud tied to the pension funds of major state-run companies, prosecutors told Reuters on Wednesday.The investigation of Paulo Guedes, a University of Chicago-trained economist credited with nudging Bolsonaro toward market-friendly...Read More
Chile's mining minister Baldo Prokurica asked the London Metals Exchange (LME) Wednesday to consider trading the coveted metal used in the batteries that power electric vehicles (EVs) and high-tech devices, and so provide greater "clarity" about its value.Chile produced 80,000 tonnes of lithium carbonate equivalent last year, representing 35 percent of global production.On his first visit to Brita...Read More
Chile's mining minister Baldo Prokurica asked the London Metals Exchange (LME) Wednesday to consider trading the coveted metal used in the batteries that power electric vehicles (EVs) and high-tech devices, and so provide greater "clarity" about its value.Chile produced 80,000 tonnes of lithium carbonate equivalent last year, representing 35 percent of global production.On his first visit to Brita...Read More
LONDON, Oct 10 (Reuters) - A dollar shortage that has sparked outrage from mining companies operating in Zimbabwe is a "short-term problem" that will be remedied by a stronger economy, the mines minister told Reuters. For mining firms, dollar shortages are so severe that there is a risk of some mines shutting downZimbabwe is suffering acute shortages of U.S. dollars, deterring foreign capital fr...Read More
Toronto-basedjunior miner RNC Minerals (TSX: RNX), which discovered more than 9,250 ouncesof gold valued around $11 million last month, is announcing the successfulrecovery of the first specimen slab from the top of the Father's Day Vein atthe Beta Hunt Mine in Western Australia (WA). “The slab was cut in the field,revealing impressive visible gold and quartz structures. The slab, weighingap...Read More
Toronto-based junior miner RNC Minerals (TSX: RNX), which discovered more than 9,250 ounces of gold valued around $11 million last month, is announcing the successful recovery of the first specimen slab from the top of the Father's Day Vein at the Beta Hunt Mine in Western Australia (WA). “The slab was cut in the field, revealing impressive visible gold and quartz structures. The slab, weigh...Read More
• Resurgent US bond yields kept a lid on any meaningful up-move. • Subdued USD demand/risk-off mood helped limit any deeper losses. • Traders now eye US PPI print for some short-term opportunities. Gold struggled to build on overnight rebound from over one-week lows and seesawed between tepid gains/minor losses through the...Read More
LONDON, Oct 10 (Reuters) - Rio Tinto is close to restarting a sale process for some of its aluminium assets, including a plant in Iceland, which have been valued at around $350 million, two sources familiar with the matter said.The assets include a 53 percent stake in a Dutch anode facility and 50 percent of the shares in a Swedish aluminium fluoride plant, which are ingredients in aluminium produ...Read More
PARIS (Reuters) - Robust appetite in the third quarter for Louis Vuitton handbags and other high-end goods sold by LVMH (LVMH.PA) failed to dispel fears of a looming slowdown in Chinese demand on Wednesday, as shares across the sector tumbled.Paris-based LVMH, the world’s biggest luxury goods company, on Tuesday reported stronger-than-expected sales growth in its all-important fashion and le...Read More