(Kitco News) - Gold investors should not be disappointed this year, as the yellow metal is doing exactly what it is supposed to, which is to serve as a portfolio hedge, said BlackRock’s investment strategist.“Gold as a portfolio hedge and as hedge in terms of signs of stress is doing exactly as advertised. It's delivering that diversification benefit, and it has done that, especially t...Read More

Almost exactly two years ago, the Venezuelan government signed a decree creating the Mining Arc of the Orinoco River National Development Strategic Zone, a project that outlined a 111,843 Sq.Km concession area (12.2 per cent of the country's landmass) for mining gold, diamond, iron ore, copper, bauxite, coltan, among other resources.Twenty-four months later, environmentalists say that the idea of...Read More

Almost exactly two years ago, the Venezuelan government signed a decree creating the Mining Arc of the Orinoco River National Development Strategic Zone, a project that outlined a 111,843 Sq.Km concession area (12.2 per cent of the country's landmass) for mining gold, diamond, iron ore, copper, bauxite, coltan, among other resources.Twenty-four months later, environmentalists say that the idea of...Read More

Almost exactly two years ago, the Venezuelan government signed a decree creating the Mining Arc of the Orinoco River National Development Strategic Zone, a project that outlined a 111,843 Sq.Km concession area (12.2 per cent of the country's landmass) for mining gold, diamond, iron ore, copper, bauxite, coltan, among other resources.Twenty-four months later, environmentalists say that the idea of...Read More

Almost exactly two years ago, the Venezuelan government signed a decree creating the Mining Arc of the Orinoco River National Development Strategic Zone, a project that outlined a 111,843 Sq.Km concession area (12.2 per cent of the country's landmass) for mining gold, diamond, iron ore, copper, bauxite, coltan, among other resources.Twenty-four months later, environmentalists say that the idea of...Read More

(Adds company filed notice of appeal)By Michael O'Boyle and Christine MurrayMEXICO CITY, Feb 26 (Reuters) - Mexico's securities regulator has imposed one of its biggest fines ever for market manipulation on steel company Industrias CH, owned by billionaire Rufino Vigil Gonzalez, government data showed.Industrias CH was fined 2.96 million pesos ($159,764) at the end of November for making "pr...Read More

(Adds context, background)By Carolina MandlSAO PAULO, Feb 26 (Reuters) - Brazilian healthcare insurer Notre Dame Interm?(C)dica Participa???ues SA filed for an initial public offering on the Sao Paulo stock exchange on Monday, according to documents filed with Brazil's securities regulator CVM.The offering will have a primary portion, in which the company will issue new shares, and a secondary po...Read More

HOLLYWOOD, Fla., Feb 26 (Reuters) - FMC Corp is planning a $500 million initial public offering of a stake in its lithium business on the New York Stock Exchange this fall, its chief financial officer said on Monday, an avenue for investors to gain exposure to the booming electric vehicle market. U.S.-based FMC, which is primarily a pesticides maker, is planning to sell off around 15 percent of it...Read More

Howard SchneiderWASHINGTON (Reuters) - Freed from economic crisis and aligned with the party in power, new Federal Reserve Chairman Jerome Powell makes his first appearance before Congress on Tuesday in what is widely expected to mark a reset of sorts in relations between the central bank and elected lawmakers.After a decade of arguably strained ties, dating to the Fed’s politically controve...Read More

WASHINGTON (Reuters) - There are some upside risks to the U.S. economic outlook but the degree to which it would affect monetary policy depends on whether the potential capacity of the nation’s economy is also raised, Federal Reserve Governor Randal Quarles said on Monday.“There is a real possibility that some of the factors that have been holding back growth in recent years could shif...Read More

(Adds settlement winning preliminary approval, updated Facebook share price and market value)By Jonathan StempelFeb 26 (Reuters) - Facebook Inc and Chief Executive Mark Zuckerberg have reached a $35 million settlement of class-action litigation accusing them of hiding worries about the social media company's growth prior to its May 2012 initial public offering.The settlement was filed on Monday i...Read More

(Updates prices to close)TORONTO, Feb 26 (Reuters) - Canada's main stock index rose on Monday to a three-week high as gains in the prices of commodities such as gold and silver helped drive up shares of mining companies. The Toronto Stock Exchange's S&P/TSX composite index closed up 76.21 points, or 0.49 percent, at 15,714.66, its highest since Feb. 2.* Nine of the 10 main sectors on the inde...Read More

(Adds details, quote)CAIRO, Feb 26 (Reuters) - Average yields on Egypt's 10-year treasury bonds jumped by nearly 100 basis points on Monday at the first auction of its kind since the central bank began loosening monetary policy. The 10-year bond rose to 14.800 percent from 13.871 percent at the last auction on Feb. 12, central bank data showed on Monday. It had dropped from 14.732 percent on Jan....Read More

* Tech stocks, Berkshire Hathaway push Wall St higher* Bond yields fall ahead of Powell's testimony* Oil gains on strong demand, Saudi comments* Chinese stocks rally as Xi set to stay in power By Herbert LashNEW YORK, Feb 26 (Reuters) - Global equities rose on Monday, with Wall Street surging more than 1 percent, while the dollar was little changed as investors bet the new head of the Federal Res...Read More

TORONTO, Feb 26 (Reuters) - Canada's main stock index rose on Monday as gains in prices of commodities such as gold and silver helped support shares of mining companies. The Toronto Stock Exchange's S&P/TSX composite index closed up 76.21 points, or 0.49 percent, at 15,714.66. Nine of the 10 main sectors on the index were in positive territory. (Reporting by John Tilak; Editing by Sandra Maler...Read More

Miners in northwest Papua New Guinea reported some damage to infrastructure following a powerful magnitude 7.5 earthquake on the weekend, as projects in the resource-rich region assess the impact on their operations.Barrick Gold Corp said a power station that supplies its Porgera gold mine had been damaged, while Ok Tedi Mining Ltd said a landslip had blocked a road and damaged pipelines to its co...Read More

Miners in northwest Papua New Guinea reported some damage to infrastructure following a powerful magnitude 7.5 earthquake on the weekend, as projects in the resource-rich region assess the impact on their operations.Barrick Gold Corp said a power station that supplies its Porgera gold mine had been damaged, while Ok Tedi Mining Ltd said a landslip had blocked a road and damaged pipelines to its co...Read More

Miners in northwest Papua New Guinea reported some damage to infrastructure following a powerful magnitude 7.5 earthquake on the weekend, as projects in the resource-rich region assess the impact on their operations.Barrick Gold Corp said a power station that supplies its Porgera gold mine had been damaged, while Ok Tedi Mining Ltd said a landslip had blocked a road and damaged pipelines to its co...Read More

It was a bullish day for the stock market, as equities rallied in the face of a stabilizing 10-year Treasury yield. The Dow jumped nearly 400 points, led by another tech-sector surge. It was smooth sailing for the S&P 500 Index and Nasdaq, too, with the latter moving into positive month-to-date territory. While the economic schedule was rather light today -- aside from a fresh round of housing dat...Read More

Golden Predator Mining Corp. (TSXV:GPY) (OTCQX:NTGSF) (the "Company" or "Golden Predator") announced today that its technical team has completed an assessment of data from the Sprogge property, acquired late last year.Read full newsRead More