Equipment rental company Ashtead Group PLC (LON:AHT) has been benefiting from Donald Trump's tax cuts and an increase in demand after hurricanes in the US.Ashtead, which reports its third quarter results on Tuesday, has been involved in the rebuilding efforts after hurricane Harvey, Irma and Maria struck southern US and the Caribbean.The need for emergency equipment boosted revenues in the first h...Read More
MEXICO CITY (Reuters) - Canada and Mexico on Monday pushed back against President Donald Trump’s suggestion that steel and aluminum tariffs could be waived if they signed a new and“fair” NAFTA deal, setting the stage for a tense end to the latest talks to update the trade pact.The two U.S. trading partners have threatened retaliation unless they are exempted from the planned tari...Read More
Story by Jeff DesjardinsCourtesy of: Visual CapitalistThere is nothing more exciting than making some type of discovery.Discoveries can come in many forms - they can be physical, scientific, personal, or even philosophical in nature. But while there are different types of discoveries that can be made, perhaps the most tactile kind of discovery is in the field of mineral exploration.The discovery o...Read More
The Dow Jones Industrial Average (DJI) was down more than 150 points at its session low, but has since erased these earlier losses at it looks to avoid a fifth straight drop -- which would mark its longest daily losing streak since last March. Traders have been spooked by concerns over a potential trade war, with recent tweets from President Donald Trump only adding to the uncertainty. However, b...Read More
WASHINGTON (Reuters) - U.S. services sector activity slowed modestly in February, held back by a sharp pull back in hiring, but a surge in new orders to a 12-1/2-year high pointed to underlying strength.The Institute for Supply Management (ISM) said on Monday its non-manufacturing activity index slipped 0.4 point to a reading of 59.5 last month. A reading above 50 indicates expansion in the sector...Read More
LONDON, March 5 (Reuters) - Automaker BMW is working with a London-based start-up to use transaction-recording technology blockchain to prove batteries for its electric vehicles will contain only clean cobalt, the start-up's CEO said.The competition is intensifying to use blockchain, the technology that underpins cryptocurrencies such as Bitcoin, to try to eliminate battery minerals produced by ch...Read More
(Kitco News)- The mining and commodity sector is seeing investor sentimentpick up, but the focus is more on growing momentum in base metals with littleinterest in precious metals, according to the latest comments during the 2018Prospectors & Developers Association of Canada (PDAC) convention.While presentations were standing room only duringpresentations on commodities like zinc, copper and co...Read More
(Kitco News) - The mining and commodity sector is seeing investor sentiment pick up, but the focus is more on growing momentum in base metals with little interest in precious metals, according to the latest comments during the 2018 Prospectors & Developers Association of Canada (PDAC) convention.While presentations were standing room only during presentations on commodities like zinc, copper a...Read More
PARIS (Reuters) - French Foreign Minister Jean-Yves Le Drian said on Monday there remained“much work to do” with Iran over its ballistic missile programme and its role in regional conflicts.Le Drian said after a day of tough talks in Tehran that France would continue discussions with Iran, adding that it was imperative to find a way to bring stability to region.Le Drian was in Tehran o...Read More
(The opinions expressed here are those of the author, a columnist for Reuters.)LONDON, March 5 (Reuters) - A bucket of cold water has just been poured on zinc's bull fires.The London zinc price has been on a two-year romp, hitting a 10-year high of $3,595.50 a tonne last month.The bull run has been fuelled by a narrative of tightness, first at the raw materials stage of the supply chain and more r...Read More
(Reuters) - The Dow Jones Industrial Average fell for the fifth straight day on Monday as concerns about a global trade war following President Donald Trump’s threat to impose hefty tariffs kept investors on the edge.Trump on Monday appeared to suggest that Canada and Mexico could win exemptions to the planned sweeping tariffs on steel and aluminum if the two countries sign a new NAFTA trade...Read More
S&P Global Market Intelligence predicts that exploration efforts will continue to expand over the course of this yearGlobal spending on the search for nonferrous metals rose to an estimated US$8.4 billion in 2017, compared with US$7.3 billion in 2016, representing the first annual increase in exploration spending after four consecutive years of declining investment in this area, according to the W...Read More
HONG KONG (Reuters) - China may allow its offshore-listed tech giants to sell a form of shares on the mainland, people with knowledge of the plan said, in a move that would pit Shanghai and Shenzhen against Hong Kong in the battle to host the country’s tech giants.While China is home to some of the world’s biggest tech companies, most are listed offshore, including Alibaba Group Holdin...Read More
Harvey Nash Group plc (LON:HVN) chief executive Albert Ellis and Chief financial officer Mark Garrett caught up with Proactive Investors following their 2017 trading update.The group reported a 6% increase in gross profit in the UK & Ireland in the year to January 31, supported by improving demand in the second half for technology recruitment. Meet Scancell Holdings Plc, Advanced Blast &...Read More
The zinc market is making a U-turn.The market shot up over the past two years, but is now in retreat. Prices have tumbled 8 percent since a peak in mid-February. On Monday, the losses deepened after data from the London Metal Exchange showed the biggest increase in inventories in almost three decades.Click here for more on the jump in zinc stockpilesHere's why the delivery matters for the global z...Read More
Ontario is investing in innovative new technology projects in Northern Ontario that will help improve mine productivity, increase operating efficiencies, and help northern businesses expand their global market reach.Michael Gravelle, Minister of Northern Development and Mines, made the announcement today while speaking about the province's thriving mining industry during the official opening of th...Read More
AMSTERDAM (Reuters) - The Dutch government said on Monday it would appoint Stef Blok as foreign minister, replacing Halbe Zijlstra, who resigned last month after admitting he had lied about a meeting with Russian President Vladimir Putin.Blok, who had intended to leave politics after serving as justice minister in the previous cabinet, is a member of Prime Minister Mark Rutte's governing VVD Party...Read More
(Reuters) - A U.S. national security panel on Sunday ordered Qualcomm Inc (QCOM.O) to put off its March 6 annual shareholder meeting by a month, delaying a long awaited showdown in the company’s attempt to fend off a takeover by Singapore-based Broadcom Ltd (AVGO.O).The order adds to signs that Broadcom’s promise to move its official base back to the United States before it completes t...Read More
VIENNA (Reuters) - A collapse of the Iran nuclear deal would be a“great loss”, the U.N. atomic watchdog’s chief warned U.S. President Donald Trump on Monday, giving a wide-ranging defense of the accord and his agency’s work under it.Trump has threatened to withdraw the United States from the accord between Tehran and six world powers, signed in 2015 before he took office, u...Read More
Mr. Josh Crumb reportsGOLDMONEY INC. ANNOUNCES NORMAL COURSE ISSUER BIDThe Toronto Stock Exchange has accepted Goldmoney Inc.'s notice of intention to make a normal course issuer bid to purchase for cancellation three million common shares of Goldmoney, representing 3.9 per cent of the issued and outstanding common shares as at March 2, 2018.As of March 2, 2018, Goldmoney had 76,779,427 common sha...Read More