Recent News

Can Theresa May crack Europe on Brexit trade? Not yet

March 22, 2018 / www.kitco.com

BRUSSELS (Reuters) - Signs of cracking in the European Union’s common front on Brexit may encourage hopes in London that Prime Minister Theresa May can exploit continental divisions to secure British advantage.But EU leaders and diplomats, as well as some British Brexit experts, argue that May risks disappointment in that quest, as Germany leads a push to prevent London unraveling the EU sin...Read More

As commodities roar, Africa wants bigger slice of mining pie

March 22, 2018 / www.mining.com

(Bloomberg) - One by one, the biggest names in African mining are getting squeezed. The tactics might be blunt, but the message is clear: the countries where they operate want a bigger share of the proceeds.The collapse in commodities through 2015 hobbled some of Africa's biggest resource economies, stunting growth and leaving budgets short. Since then a recovery in prices has sent the continent'...Read More

As commodities roar, Africa wants bigger slice of mining pie

March 22, 2018 / www.mining.com

(Bloomberg) - One by one, the biggest names in African mining are getting squeezed. The tactics might be blunt, but the message is clear: the countries where they operate want a bigger share of the proceeds.The collapse in commodities through 2015 hobbled some of Africa's biggest resource economies, stunting growth and leaving budgets short. Since then a recovery in prices has sent the continent'...Read More

As commodities roar, Africa wants bigger slice of mining pie

March 22, 2018 / www.mining.com

(Bloomberg) - One by one, the biggest names in African mining are getting squeezed. The tactics might be blunt, but the message is clear: the countries where they operate want a bigger share of the proceeds.The collapse in commodities through 2015 hobbled some of Africa's biggest resource economies, stunting growth and leaving budgets short. Since then a recovery in prices has sent the continent'...Read More

Dow Drops 430 Points; Trade War, Tech in Focus

March 22, 2018 / www.schaeffersresearch.com

The White House is expected to announce a plan for tariffs on ChinaStocks are drastically lower at midday, with the Dow Jones Industrial Average (DJI) and Nasdaq Composite (IXIC) both down triple digits. Thetech sector continues to struggle, withFacebook (FB) stock deep in the red, despite CEO Mark Zuckerberg's apology over the Cambridge Analytica scandal. Traders are also anxious ahead of the W...Read More

BRIEF-Blockchain Capital Says Closing Of Blockchain Capital, A $150 Million Fund?

March 22, 2018 / www.kitco.com

March 22 (Reuters) - ?blockchain Capital* ?BLOCKCHAIN CAPITAL SAYS CLOSING OF BLOCKCHAIN CAPITAL IV, LP A $150 MILLION FUND? Source text for Eikon: Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can g...Read More

EU to get exemptions from U.S. tariffs on steel, aluminum imports: dpa

March 22, 2018 / www.kitco.com

BERLIN (Reuters) - U.S. Trade Representative Robert Lighthizer told U.S. lawmakers that the European Union would be exempted from planned import tariffs on steel and aluminum, German news agency dpa reported on Thursday.Reporting by Michael Nienaber; Editing by Paul Carrel Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The au...Read More

Little sign of trade war panic in European equities

March 22, 2018 / www.kitco.com

LONDON (Reuters) - As Donald Trump’s ‘America First’ trade agenda turns from steel imports to Asian technology and intellectual property, a global trade war is now seen as the most serious risk for global investors, according to a recent survey.The growing protectionist rhetoric has helped push Europe’s Stoxx 600 index down more than 2 percent this week. Tech stocks have fa...Read More

Kinross Gold receives the US mining industry's top safety certification

March 22, 2018 / www.mining.com

The National Mining Association (NMA) has recognized Kinross Gold Corporation for receiving independent certification under its CORESafety (R) system. Kinross, one of the leading gold mining companies in the world, is the eighth NMA member company to complete each step of this process."We congratulate Kinross on starting out 2018 with this noteworthy accomplishment in mine safety and health," sai...Read More

Fed Speeches, GDP Headline Holiday-Shortened Week

March 22, 2018 / www.schaeffersresearch.com

The stock market will be closed on FridayThe upcoming trading week will be a short one, with markets closed on Friday for the Good Friday holiday. However, there's plenty of action for traders to digest, including a raft of Fed speeches after the central bank issued a rate hike yesterday, and gave a hawkish outlook. Plus, the final reading on fourth-quarter gross domestic product (GDP) will be rel...Read More

South Africa's Transnet signs new manganese deal with South32

March 22, 2018 / www.mining.com

CAPE TOWN, March 22 (Reuters) - South Africa's state-owned freight company Transnet has signed a new deal with manganese miner South32 to export 2.6 million tonnes a year of the mineral to European and Chinese markets, the companies said on Thursday.South Africa accounts for close to 75 percent of global manganese reserves, Transnet said. The firm, which operates nearly three-quarters of the Afric...Read More

Indians are starting to ditch gold and property investments for stocks and mutual funds, survey shows

March 22, 2018 / www.cnbc.com

Indians hold a relatively low percentage of their total wealth in financial assets but that trend might be changing, according to a Credit Suisse survey. The investment bank released its latest version of the Emerging Consumer Survey that interviewed more than 14,000 respondents in eight emerging economies including India, China and Indonesia. By comparison, the Chinese hold 40 percent or more of...Read More

Japan to warn Hong Kong-based cryptocurrency exchange Binance: source

March 22, 2018 / www.kitco.com

TOKYO (Reuters) - Japan’s financial watchdog plans to issue a warning against Hong Kong-based cryptocurrency exchange Binance for operating in Japan without being registered, a person with the direct knowledge of the matter said on Thursday.The Financial Services Agency (FSA) will file a criminal complaint if the exchange does not stop operating despite the planned warning, the person told R...Read More

Gold Shines After Latest Interest Rate Hike

March 22, 2018 / seekingalpha.com

Gold's firmness in the face of equity market weakness is impressive.It shined through on Wednesday after the Fed hiked interest rates.Supporting factors for gold are also favorable, immediate-term.The firmness we've observed in the gold market in recent commentaries conspicuously shone through on Wednesday. Gold experienced an impressive rally on a day when Treasury yields rose and equities sh...Read More

Lucara Diamond and Strongbow Exploration have swapped CFOs |

March 22, 2018 / bit.ly

Zara Boldt and Glenn Kondo take each other's placesRead full newsRead More

Analysts Continue to Love this Online Travel Stock

March 22, 2018 / www.schaeffersresearch.com

A J.P. Morgan Securities analyst says hotel trends in February looked goodRoughly a month after the company changed its name from Priceline Group (PCLN) to Booking Holdings Inc (NASDAQ:BKNG), its stock is receiving bullish attention from analysts. Specifically, Doug Anmuth from J.P. Morgan Securities weighed in on a few travel names, reiterating his stance that BKNG is his favorite online travel s...Read More

Dollar, shares buffeted by trade war worries

March 22, 2018 / www.kitco.com

LONDON (Reuters) - The threat of a global trade war and a steady message from the Federal Reserve on U.S. interest rates pushed the dollar to its lowest in over a month on Thursday, and took Europe’s main share markets into the red.It was the dollar's third decline in four sessions and helped Britain's pound GBP= to a six-week high after a Bank of England policy meeting laid the foundation...Read More

Pan Orient Reports Year End Financial Resutls

March 22, 2018 / www.stockwatch.com

Mr. Jeff Chisholm reportsPAN ORIENT ENERGY CORP. 2017 YEAR END FINANCIAL AND OPERATING RESULTSPan Orient Energy Corp. has released its fiscal 2017 and fourth quarter consolidated financial and operating results.The company is filing its audited consolidated financial statements as at and for the year ended Dec. 31, 2017, and related management's discussion and analysis with Canadian securities reg...Read More

Pan Orient Reports Year End Financial Resutls

March 22, 2018 / www.stockwatch.com

Mr. Jeff Chisholm reportsPAN ORIENT ENERGY CORP. 2017 YEAR END FINANCIAL AND OPERATING RESULTSPan Orient Energy Corp. has released its fiscal 2017 and fourth quarter consolidated financial and operating results.The company is filing its audited consolidated financial statements as at and for the year ended Dec. 31, 2017, and related management's discussion and analysis with Canadian securities reg...Read More

Ralph Lauren Stock Higher on Analyst Upgrade

March 22, 2018 / www.schaeffersresearch.com

Cowen waxed optimistic on the retailer's Instagram presence and overseas opportunitiesRetail stock Ralph Lauren Corp (NYSE:RL) is trading higher this morning, after receiving an upgrade to "outperform" from "market perform," and a price-target hike to $122 from $110, from Cowen and Company. The brokerage firm waxed optimistic on Ralph Lauren's growing Instagram presence and its "growth opportuniti...Read More

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