Marc JonesLONDON (Reuters) - The recent volatility in global financial markets should not deter top central banks from lifting interest rates or ending years of unprecedented stimulus, the Bank for International Settlements said on Sunday.The latest report from the Switzerland-based group said that after such a long period of calm there were bound to be more market wobbles and that trade war worri...Read More

Steve HollandMOON TOWNSHIP, Pa. (Reuters) - U.S. President Donald Trump said on Saturday his planned meeting with North Korean leader Kim Jong Un could fizzle without an agreement or it could result in “the greatest deal for the world” to ease nuclear tensions between the two countries.“I may leave fast” if progress does not seem possible, Trump said at a campaign rally for...Read More

LONDON (Reuters) - Chinese banks have significantly stepped up their lending activities in recent years to rank now as the sixth-largest international creditor group, the Bank for International Settlements (BIS) said on Sunday.The BIS, an umbrella body for global central banks, said in its latest report that Chinese banks had cross-border financial assets worth about $2 trillion as of the third qu...Read More

The Bank for International Settlements (BIS) said cryptocurrencies and the debate around them - such as whether cash will be replaced by virtual substitutes - are part of a broader debate about the nature of money.The payments sector has argued that the use of cash is falling and therefore they don’t need to provide as many ATM machines or bank branches.But in the BIS’ latest quarterly...Read More

Michael NienaberBERLIN (Reuters) - U.S. President Donald Trump’s tariffs on steel and aluminum imports will cost jobs and growth, German Economy Minister Brigitte Zypries told Reuters on Sunday, adding that Europe and other free traders should not let themselves be divided.Trump set import tariffs on Thursday of 25 percent on steel and 10 percent on aluminum, to come into force in 15 days. H...Read More

DUBAI (Reuters) - Iranian oil minister Bijan Zanganeh said OPEC could agree in June to begin easing current oil production curbs in 2019, the Wall Street Journal reported on Sunday.Zanganeh also told the WSJ in an interview that Iran wanted OPEC to work to keep oil prices around $60 a barrel to contain U.S. shale oil production.“If the price jumps [to] around $70 ... it will motivate more pr...Read More

MONTR??AL, QU??BEC-(Marketwired - March 8, 2018) - Osisko Gold Royalties Ltd ("Osisko") (TSX:OR)(NYSE:OR) is pleased to announce that it has signed a term sheet (the "Term Sheet") with Victoria Gold Corp. ("Victoria") to acquire a 5% net smelter return ("NSR") royalty (the "Royalty") for C$98 million (the "Royalty Purchase") on the Dublin Gulch property (the "Property") which hosts the Eagle Gold...Read More

WASHINGTON (Reuters) - U.S. President Donald Trump’s condition for meeting North Korean leader Kim Jong-un is that there be no nuclear or missile testing, Treasury Secretary Steve Mnuchin said on Sunday.“There shouldn’t be confusion,” Mnuchin told NBC’s “Meet the Press” program, when asked about White House press secretary Sarah Sanders’ statement on...Read More

FRANKFURT (Reuters) - Deutsche Bank (DBKGn.DE) said on Sunday its 2017 bonus pool would be above 2 billion euros ($2.46 billion), as the loss-making bank seeks to retain staff during a major overhaul.But the bank’s top managers are foregoing their annual bonuses for 2017 after coming under fire for awarding big incentive payouts even though Germany’s largest bank lost money last year.&...Read More

Ben Blanchard, Christian ShepherdBEIJING (Reuters) - China removed presidential term limits from its constitution on Sunday, giving President Xi Jinping the right to remain in office indefinitely, and confirming his status as the country’s most powerful leader since Mao Zedong died more than 40 years ago.China’s ruling Communist Party announced the proposed amendment only last month an...Read More

Elias GlennBEIJING (Reuters) - Any trade war with the United States will only bring disaster to the world economy, Chinese Commerce Minister Zhong Shan said on Sunday, as Beijing stepped up its criticism on proposed metals tariffs by Washington amid fears it could shatter global growth.After pressure from allies, the United States has opened the way for more exemptions from tariffs of 25 percent o...Read More

The Prospectors & Developers Association of Canada said 2018's convention attendance hit 25,606, the best turn out since 2013.Attendance was still marginally better than last year, just up six percent from 24,161.The PDAC Convention in Toronto, arguably the world's largest annual mining convention, is a bellwether of the industry's health. Participants from 125 countries attend.Organizers said the...Read More

The Prospectors & Developers Association of Canada said 2018's convention attendance hit 25,606, the best turn out since 2013.Attendance was still marginally better than last year, just up six percent from 24,161.The PDAC Convention in Toronto, arguably the world's largest annual mining convention, is a bellwether of the industry's health. Participants from 125 countries attend.Organizers said the...Read More

Ed StoddardJOHANNESBURG (Reuters) - South African gold producers will likely reach a settlement within six weeks in a lawsuit over a fatal lung disease that companies have set aside 5 billion rand ($420 million) in provisions for, a lawyer and industry group said on Sunday.“I am confident we will finalize the settlement within six weeks,” Richard Spoor, the human rights lawyer who has...Read More

As of this moment, the big 6 Central Banks own $21 trillion in assets and rising; they also own over 40% of global GDP, more than double the 17% they held before the financial crisis less than a decade ago.Read full newsRead More

...and President Trump is not to blame for any of it (yet)...Read full newsRead More

Democratic U.S. Senator Elizabeth Warren, who has traded barbs with President Donald Trump, said on Sunday she's "not afraid of tariffs," but stopped short of endorsing his decision to launch steep tariffs on steel and aluminum.In several television interviews, Warren, who has been touted as a potential 2020 presidential candidate, said she saw a role for tariffs as part of U.S. trade policy."I am...Read More

Reactions continue to pour in following U.S. President Donald Trump's imposition of 25 per cent tariffs on steel imports and 10 per cent for aluminium for almost every country but Mexico and Canada.Today, German Economy Minister Brigitte Zypries told Reuters that the decision will cost jobs and growth. According to Zypries, Trump does not want to understand the architecture of a free global econom...Read More

Chile's state-run mining company Codelco, the world's largest copper miner, signed a deal with Ecuador on Saturday for joint development of the Llurimagua copper project near Quito.The project could become the first mine Codelco operates abroad following years of efforts to expand internationally as much of the best-quality ore in Chile has already been mined."The project will wrap up advanced exp...Read More

Chile's state-run mining company Codelco, the world's largest copper miner, signed a deal with Ecuador on Saturday for joint development of the Llurimagua copper project near Quito.The project could become the first mine Codelco operates abroad following years of efforts to expand internationally as much of the best-quality ore in Chile has already been mined."The project will wrap up advanced exp...Read More