LONDON (Reuters) - Sterling gained on Thursday after a European Union source said new British proposals for avoiding extensive border checks in Ireland after Brexit were “a step in the right direction” and “make finding a compromise possible”.Britain is trying to overcome one of the thorniest issues in the Brexit negotiations: a “backstop” deal to protect an ope...Read More
(Adds detail)FRANKFURT, Oct 4 (Reuters) - The European Union's top court should back the European Central Bank's bond-buying programme against a group of German complainants seeking to block it on legal grounds, the court's adviser on the case said on Thursday.The programme is set to end at the end of the year in any case, but the court’s ruling will set a key precedent for future ECB policy...Read More
NEW YORK/LONDON (Reuters) - Oil traders have piled into wagers that U.S. crude oil could surge to $100 a barrel by next year, a milestone that until recently many considered unthinkable due to record U.S. production growth and relatively flat global demand.But the imminent return of U.S. sanctions on Iran and bottlenecks keeping U.S. oil from getting to market have fueled a rally that has taken be...Read More
Mr. Darin Wagner reportsBALMORAL RESUMES EXPANSION DRILLING OF THE GRASSET NICKEL-COPPER-COBALT-PGE DEPOSIT Balmoral Resources Ltd.'s drilling on the Grasset and adjacent Fenelon properties, focused on the continued evaluation of the nickel-copper-cobalt-platinum-group-element potential of the Grasset ultramafic complex (GUC), commenced during the last week of September. A second drill has now bee...Read More
Mr. Darin Wagner reportsBALMORAL RESUMES EXPANSION DRILLING OF THE GRASSET NICKEL-COPPER-COBALT-PGE DEPOSIT Balmoral Resources Ltd.'s drilling on the Grasset and adjacent Fenelon properties, focused on the continued evaluation of the nickel-copper-cobalt-platinum-group-element potential of the Grasset ultramafic complex (GUC), commenced during the last week of September. A second drill has now bee...Read More
* Banks, insurers outperform on rising U.S. yields* Toyota and SoftBank partner on self-driving technologyBy Ayai TomisawaTOKYO, Oct 4 (Reuters) - Japan’s Nikkei dropped to a one-week low on Thursday as investors took profits after a recent rally lifted the index to a 27-year high, but Toyota and SoftBank rose after they announced a partnership on auto driving technology.Analysts said sentim...Read More
The Bank of Nova Scotia was charged by the Commodity Futures Trading Commission.Many in the metals market view this as wholesale manipulation that caused gold's decline from its 2011 highs.Expectations regarding GLD's current structure.This past week, we saw that the Bank of Nova Scotia was charged by the Commodity Futures Trading Commission with multiple acts of spoofing in gold and silve...Read More
Not much has changed with theprice action in gold. It is in consolidation. There are pundits and experts outthere searching for reasons why gold goes up or down -- strong numbers, weaknumbers don't matter. Gold is consolidating; it's that simple.We can look for reasons that goldshould rally or sell off, but the chart tells all. There will be a lot of buzzaround tomorrow's jobs number, which based...Read More
Not much has changed with the price action in gold. It is in consolidation. There are pundits and experts out there searching for reasons why gold goes up or down -- strong numbers, weak numbers don't matter. Gold is consolidating; it's that simple. We can look for reasons that gold should rally or sell off, but the chart tells all. There will be a lot of buzz around tomorrow's jobs number, which...Read More
Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More
Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More
Mr. Jean-Sebastien David reportsARIANNE PHOSPHATE CONCLUDES AN AGREEMENT WITH THE "CMAX"Arianne Phosphate Inc. has concluded an agreement with the Saguenay Lac St-Jean Regional Economic Benefits Maximization Committee (CMAX). Referring to 02 Economic Development (02 ED), CMAX is a tool that was put in place to maximize the benefits of large projects. Arianne will benefit from the regional expertis...Read More
Mr. Jean-Sebastien David reportsARIANNE PHOSPHATE CONCLUDES AN AGREEMENT WITH THE "CMAX"Arianne Phosphate Inc. has concluded an agreement with the Saguenay Lac St-Jean Regional Economic Benefits Maximization Committee (CMAX). Referring to 02 Economic Development (02 ED), CMAX is a tool that was put in place to maximize the benefits of large projects. Arianne will benefit from the regional expertis...Read More
* SPDR Gold holdings down 4.5 million ounces since April * U.S. 10-year Treasury yields highest since 2011* Gold looking for a floor at $1,200/oz - analyst (Recasts, adds fresh comment, updates prices)By Sethuraman N RBENGALURU, Oct 4 (Reuters) - Gold rose on Thursday as recentweakness tempted some price-sensitive buyers back to the marketand a retreat on stock markets sparked some safe-haven dema...Read More
Ms. Renee Wei reportsGOLDMONEY INC. ANNOUNCES RESULTS OF 2018 ANNUAL AND SPECIAL MEETING OF SHAREHOLDERSGoldmoney Inc. has provided the results of its annual and special meeting of shareholders, held in Toronto on Oct. 1, 2018. A total of 46,848,497 common shares, representing 60.77 per cent of the issued and outstanding common shares of the company, were represented at the meeting.By a vote by wa...Read More
Ms. Renee Wei reportsGOLDMONEY INC. ANNOUNCES RESULTS OF 2018 ANNUAL AND SPECIAL MEETING OF SHAREHOLDERSGoldmoney Inc. has provided the results of its annual and special meeting of shareholders, held in Toronto on Oct. 1, 2018. A total of 46,848,497 common shares, representing 60.77 per cent of the issued and outstanding common shares of the company, were represented at the meeting.By a vote by wa...Read More
By John TilakTORONTO, Oct 4 (Reuters) - Canadian mergers-and-acquisitionsactivity nearly doubled in the third quarter, fueled by deals inthe mining, real estate and cannabis sectors, according toThomson Reuters data released on Thursday.Quarterly deal volume was up 91 percent to $75.7 billionfrom $39.6 billion in the same period last year, the datashowed, bucking a global trend of declines in Euro...Read More
Mr. Nav Dhaliwal reportsGATLING EXPLORATION INC. RECEIVES CONDITIONAL LISTING APPROVAL FROM TSX VENTURE EXCHANGEBonterra Resources Inc. spinout Gatling Exploration Inc. has received conditional approval of the listing of its common shares on the TSX Venture Exchange. In connection the listing, Gatling has filed on SEDAR its TSX-V listing application and a technical report regarding the Larder Lake...Read More
Mr. Nav Dhaliwal reportsGATLING EXPLORATION INC. RECEIVES CONDITIONAL LISTING APPROVAL FROM TSX VENTURE EXCHANGEBonterra Resources Inc. spinout Gatling Exploration Inc. has received conditional approval of the listing of its common shares on the TSX Venture Exchange. In connection the listing, Gatling has filed on SEDAR its TSX-V listing application and a technical report regarding the Larder Lake...Read More
* Speculators sell positions as U.S. stocks slide * Copper hits highest since July 10, retreats * GRAPHIC-2018 asset returns: (Recasts with closing prices)By Eric OnstadLONDON, Oct 4 (Reuters) - Aluminium retreated on Thursdayafter touching its highest price in more than three months onThursday as speculators turned negative when U.S. inflationconcerns grew on the back of comments by central bank...Read More