While gold production generates more greenhouse (GHG) emissions per tonne of finished product than many other bulk metals, the relatively small volumes produced each year mean total emissions from newly-mined gold are significantly lower than those generated by other metals, a new study shows.Gold production does generate more greenhouse (GHG) emissions per tonne of finished product than many othe...Read More

While gold production generates more greenhouse (GHG) emissions per tonne of finished product than many other bulk metals, the relatively small volumes produced each year mean total emissions from newly-mined gold are significantly lower than those generated by other metals, a new study shows.Gold production does generate more greenhouse (GHG) emissions per tonne of finished product than many othe...Read More

ROME, June 27 (Reuters) - Italy's new government has postponed its planned handover of the heavily polluting Ilva steel plant, Europe's largest, to ArcelorMittal by two and a half months to Sept. 15 as Rome seeks more time to rejig the terms of the deal.The plant in southern Italy has been under state-supervised special administration since 2015, after magistrates said it must be cleaned up or clo...Read More

WASHINGTON (Reuters) - Contracts to buy previously owned homes unexpectedly declined for the second straight month in May, mostly due to a shortage of properties for sale.The National Association of Realtors said on Wednesday its pending home sales index fell to a reading of 105.9, down 0.5 percent from the prior month. April’s 1.3 percent decline was unrevised.Economists polled by Reuters h...Read More

Relief over weaker-than-expected restrictions on Chinese investments are also a boonShares of Apple Inc. (NASDAQ:AAPL) are up 1.2% at $186.70 in early trading, after Barclays hiked its price target on the FAANG stock to $175 from $161 last night, saying the company stands to benefit from a weaker U.S. dollar, as well as carrier promotions in both the U.S. and China. The bull note came just ahead...Read More

(Reuters) - U.S. crude stocks fell by nearly 10 million barrels last week as refineries hiked output, while gasoline and distillate inventories rose, the Energy Information Administration said on Wednesday.Crude inventories fell by 9.9 million barrels in the last week, compared with analysts' expectations for a decrease of 2.6 million barrels.Crude stocks at the Cushing, Oklahoma, delivery hub fel...Read More

MANILA, June 27 (Reuters) - Philippine miners are urging the government to lift a six-year ban on new large-scale mining projects in the world's No. 2 nickel ore supplier after the state removed restrictions on fresh smaller ventures.The Department of Environment and Natural Resources said in a memorandum dated June 18, but not widely flagged, that a moratorium on government approvals for mining d...Read More

MANILA, June 27 (Reuters) - Philippine miners are urging the government to lift a six-year ban on new large-scale mining projects in the world's No. 2 nickel ore supplier after the state removed restrictions on fresh smaller ventures.The Department of Environment and Natural Resources said in a memorandum dated June 18, but not widely flagged, that a moratorium on government approvals for mining d...Read More

BEIRUT (Reuters) - Iran’s Supreme leader called on the judiciary to punish those “who disrupt economic security” on Wednesday, following protests earlier this week over the rial’s collapse and the prospect of more hardships to come thanks to U.S. measures against Tehran.Business at Tehran’s Grand Bazaar was back to normal on Wednesday after a two-day strike had closed...Read More

(Kitco News) - Gold prices were largely unchanged, but still trading near six-month lows after housing data showed that fewer consumers than expected committed to buying a home in May, according to the National Association of Realtors (NAR). The U.S. Pending Home Sales were down 0.5% in May, marking the fifth consecutive monthly decline on an annualized basis, the association said on Wednesday. Co...Read More

HONG KONG (Reuters) - A government think-tank report that appeared briefly online said that China should be wary of any financial panic stemming from uncertainties, such as bond defaults, tight liquidity and trade frictions with the United States.The comments were made in a report by the National Institution for Finance & Development (NIFD) that Bloomberg said was leaked briefly on the Interne...Read More

Evercore sees 12-year highs ahead for Marvell shares Marvell Technology Group Ltd. (NASDAQ:MRVL) is trading higher following a round of bullish commentary from the analyst community. This morning, for example, it was Deutsche Bank that upgraded the chip name to a "buy" from a "hold." And yesterday evening, Evercore initiated coverage on Marvell with an "outperform" rating and a $27 price target, a...Read More

(Kitco News) - Gold prices are seeing moderate losses and are trading neartheir daily lows in late-morning action Wednesday. A rally in the U.S. dollarindex today has put some more downside pressure on the precious metals prices.Higher U.S. stock index prices today also suggest there is littlerisk aversion in the marketplace to provide any support to the safe-haven goldand silver markets. August g...Read More

HONG KONG (Reuters) - The rapidly deteriorating trade and investment relationship between Washington and Beijing is sending a further chill through Chinese dealmakers who have already seen the number of Chinese acquisitions of American assets take a big hit.So far this year, Chinese companies have spent just $1.6 billion on U.S. assets, down almost 80 per cent from the year-earlier period, accordi...Read More

Bloomberg News/LandovProspective buyers look over a home for sale in San Diego, California. The numbers: U.S. pending home sales declined 0.5% to a reading of 105.9 in May, the National Association of Realtors said Wednesday. What happened: NAR's index, which tracks real-estate transactions in which a contract has been signed but the transaction hasn't yet closed, hit a four-month low in May....Read More

This article is intended for those of you who are at the beginning of your investing journey and want a simplistic look at the return on Highland Gold Mining LimitedRead More...Read full newsRead More

NEW YORK (Reuters) - U.S. mortgage applications recorded their steepest weekly fall in over four months even as most home borrowing costs fell in step with lower bond yields, the Mortgage Bankers Association said on Wednesday.The Washington-based industry group's seasonally adjusted index on loan requests to buy a home or to refinance an existing one fell 4.9 percent to 365.3 in the week ended Jun...Read More

PARIS (Reuters) - Prime Minister Theresa May will be told at a European summit this week that while there is progress on the terms of Britain’s departure from the European Union, both sides should prepare for a “no deal” scenario, a French presidency source said.With nine months left until Britain is due to leave the EU, there is still little clarity over Britain’s future r...Read More

EconomicsWhy Russia and Turkey Are Such Gold BugsTheir moves out of U.S. debt and into the precious metal could be precursors of a bigger global shift.by Leonid Bershidsky@BershidskyMore stories by Leonid BershidskyRead More

EconomicsWhy Russia and Turkey Are Such Gold BugsTheir moves out of U.S. debt and into the precious metal could be precursors of a bigger global shift.by Leonid Bershidsky@BershidskyMore stories by Leonid BershidskyRead More