Recent News

Thailand's exit from gold to worsen regional underperformance

October 09, 2018 / www.mining.com

Thailand, which ordered the shutdown of all gold mining and exploration activities in 2016, will have to deal with the fact the country will continue to be a regional mining underperformer, as it will lose both tax revenue and investors, a new report says.Thailand's military regime's decision to halt gold mining indefinitely followed a long-standing conflict between Akara Resources and villagers...Read More

Thailand's exit from gold to worsen regional underperformance

October 09, 2018 / www.mining.com

Thailand, which ordered the shutdown of all gold mining and exploration activities in 2016, will have to deal with the fact the country will continue to be a regional mining underperformer, as it will lose both tax revenue and investors, a new report says.Thailand's military regime's decision to halt gold mining indefinitely followed a long-standing conflict between Akara Resources and villagers...Read More

Is the reign of Glencore's billionaire copper king near its end?

October 09, 2018 / www.mining.com

Aristotelis Mistakidis is one of the world's most powerful commodity traders. For nearly 20 years, the brash, hyperactive Greek known to everyone simply as "Telis" has ruled over the global copper market, buying and selling enough of the red metal to supply every factory in the U.S. twice over.Today, the man who built Glencore's reputation in copper is facing tough questions about how he did it....Read More

RT @zerohedge: Netflix Is Responsible For 15% Of Global Internet Traffic

October 09, 2018 / www.zerohedge.com

The question is - where does Porn fit into all this?Read full newsRead More

UPDATE 1-U.S. grants most of Voestalpine's requests for exemptions to steel tariffs

October 09, 2018 / www.kitco.com

(Adds comment on products involved, paragraph 7)VIENNA, Oct 9 (Reuters) - The United States has granted morethan half of the exemptions to its steel import tariffs thatAustrian steelmaker Voestalpine and its customersapplied for, the company said on Tuesday.Washington in May announced tariffs of 25 percent on steelimports and 10 percent on aluminium from the European Union,Canada and Mexico. Of th...Read More

China's yuan regains footing amid offshore liquidity squeeze

October 09, 2018 / www.kitco.com

SHANGHAI/HONG KONG, Oct 9 (Reuters) - China's yuan firmedagainst the dollar on Tuesday after falling to seven-week lowsthe previous session, as a liquidity squeeze in the offshoreyuan market in Hong Kong helped stabilize sentiment.The spot market opened at 6.9257 per dollar andwas changed hands at 6.9235 at the 4.30 pm official marketclose, slightly firmer than the previous late session close of6....Read More

Foreigners sold Asian equities in Sept on higher U.S. yields, slowing growth

October 09, 2018 / www.kitco.com

By PatturajaMurugaboopathyand Gaurav DograOct 9 (Reuters) - Foreign investors were net sellers in mostAsian equity markets in September, as a stronger dollar, higherU.S. interest rates and earnings downgrades undermined theappetite for regional stocks.Data from regional stock exchanges showed foreigners werenet sellers of a total of $1.8 billion worth of Indian,Indonesian, Thai, Philippine and Vie...Read More

UPDATE 1-IMF cuts world economic growth forecasts on tariff war, emerging market strains

October 09, 2018 / www.kitco.com

(Adds comments on Chinese currency, story link)By David LawderNUSA DUA, Indonesia, Oct 9 (Reuters) - The InternationalMonetary Fund on Tuesday cut its global economic growthforecasts for 2018 and 2019, saying that the U.S-China trade warwas taking a toll and emerging markets were struggling withtighter liquidity and capital outflows.The new forecasts, released on the Indonesian resort islandof Bal...Read More

FinCanna to Receive ~$3.9M USD Cash and Retain 3.44% Royalty in Perpetuity from CTI Royalty Restructuring Agreement

October 09, 2018 / kincommunications.com

Vancouver, BC - FinCanna Capital Corp. (CSE:CALI) (OTCQB:FNNZF) (the "Company" or "FinCanna") a royalty company for the U.S. licensed medical cannabis industry announced, that due to Cultivation Technologies Inc.'s, ("CTI") re-focused business strategy, FinCanna and CTI have agreed to a restructured agreement ("RA"). Under the RA, FinCanna is to receive approximately US$3.9 million as repayment...Read More

October 09, 2018 / www.fxempire.com

Christopher Lewis20 hours agoSilver markets fell a bit during the trading session on Monday, as we continue to see a lot of fear around the world. The $14.30 level underneath of course has a certain amount of psychological and structural support attached to it, along with the $14.35 level. I think at this point, it’s possible that we may see continued volatility and selling on rallies, but...Read More

Zimbabwe miner RioZim to sue central bank for loss of forex earning

October 09, 2018 / www.mining.com

Zimbabwean miner RioZim on Tuesday is taking legal action to force the country's central bank (RBZ) to pay it in US dollars for some of its gold output.The move comes after the company reported earlier this month that profit after tax had dropped 86 percent to $406,000 in the six months to June 30, from $2.9 million last year, despite higher gold production. RioZim attributed the weak results to...Read More

Zimbabwe miner RioZim to sue central bank for loss of forex earning

October 09, 2018 / www.mining.com

Zimbabwean miner RioZim on Tuesday is taking legal action to force the country's central bank (RBZ) to pay it in US dollars for some of its gold output.The move comes after the company reported earlier this month that profit after tax had dropped 86 percent to $406,000 in the six months to June 30, from $2.9 million last year, despite higher gold production. RioZim attributed the weak results to...Read More

Zimbabwe miner RioZim to sue central bank for loss of forex earning

October 09, 2018 / www.mining.com

Zimbabwean miner RioZim on Tuesday is taking legal action to force the country's central bank (RBZ) to pay it in US dollars for some of its gold output.The move comes after the company reported earlier this month that profit after tax had dropped 86 percent to $406,000 in the six months to June 30, from $2.9 million last year, despite higher gold production. RioZim attributed the weak results to...Read More

China criticises U.S. Treasury official's yuan remarks as groundless

October 09, 2018 / www.kitco.com

BEIJING, Oct 9 (Reuters) - China's Foreign Ministry onTuesday said remarks by a U.S. Treasury official about theyuan's depreciation were groundless andirresponsible.China will not use the yuan exchange rate as a tool in thetrade dispute with the United States, Foreign Ministry spokesmanLu Kang told reporters in a regular briefing.On Monday, a senior U.S. Treasury official said the UnitedStates rem...Read More

INK Canadian Insider Index Tumbles 2.4% after Hitting Wall at 1260 Resistance

October 09, 2018 / www.canadianinsider.com

Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. The Index seemed near a change of pace ahead of trading last week, as momentum indicators appeared to break a 4-month downtrend. Indeed, the INK CIN even managed to turn up as high as 1264.01. However, the Index could neither maintain its nascent burst of energy, nor its support in th...Read More

Siyata Mobile and AINA Wireless Announce Strategic Partnership

October 09, 2018 / kincommunications.com

AINA's PTT Voice Responder and Smart Button is a next generation speaker-microphone and Bluetooth Remote Control which can be connected via Bluetooth to the Uniden UV350. The device is designed to work with different walkie talkie style Push-to-Talk applications, featuring several buttons that allow safe and simple communication to all required parties. Users can remotely control functions such as...Read More

John McCluskey, Alamos Gold: The Gold Industry's Low-hanging Fruit is Disappearing

October 09, 2018 / www.youtube.com

John McCluskey of Alamos Gold says that unlike most his company has been able to push forward with exploration and M&A over the last several years.______________________________________________________________Investing News Network (INN)Find out more about investing by INN @http://investingnews.com/Want a FREE investor kit? Download here?+"http://investingnews.com/resource-fre...Follow us Facebook...Read More

Dow Rebounds to End Higher Monday - TheStreet

October 09, 2018 / www.thestreet.com

Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average rebounded to end in positive territory Monday after a volatile start to the day.The S&P 500 also ended near even on the day after closing Friday with a weekly decline, its second straight.The bond market is closed for Columbus Day. What Are "Closed-End" Mutual Funds and How Do They Fit Into a Savvy In...Read More

LIVE FUTURES REPORT 08/10: LME base metals prices finish lower bar copper

October 09, 2018 / www.metalbulletin.com

The prices of base metals on the London Metal Exchange were mostly lower at the close of trading on Monday October 8, pressured lower by strength in the US dollar while trade tensions continue to deter commodity investment. ...Read More

LIVE FUTURES REPORT 08/10: Comex copper price marginally higher to open week

October 09, 2018 / www.metalbulletin.com

Comex copper prices was little changed in the US morning on Monday October 8, with the start of LME Week in London diminishing liquidity and market participants expected to be sidelined over the next several days....Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok