By David Stringer(Bloomberg) - The booming electric vehicle revolution is flowing through to the bottom line of a growing list of global miners, who are reaping higher profits from rising demand for battery raw materials.Orocobre Ltd. reported Friday that net income rose 11 percent in the December half and forecast lithium prices to gain about a quarter this half. The supplier, with an operation i...Read More

Drifting into the doldrums?The Baltic Dry Shipping Index came to prominence at the start of the Chinese-led commodity supercycle around a decade ago.The London-based Baltic Exchange tracks the cost of moving commodities along more than 50 routes around the world and the BDI is considered one of the go-to barometers of the global economy and a leading indictor of commodity prices.In November 2015 t...Read More

Drifting into the doldrums?The Baltic Dry Shipping Index came to prominence at the start of the Chinese-led commodity supercycle around a decade ago.The London-based Baltic Exchange tracks the cost of moving commodities along more than 50 routes around the world and the BDI is considered one of the go-to barometers of the global economy and a leading indictor of commodity prices.In November 2015 t...Read More

China's Communist Party has officially cleared the way for President Xi Jinping to rule as emperor for life by announcing on Sunday that it intends to abolish a two-term constitutional limit on the presidency...Read full newsRead More

(Adds king appoints new police chief)By Suleiman Al-KhalidiAMMAN, Feb 25 (Reuters) - Jordan's Prime Minister Hani Mulki reshuffled his cabinet on Sunday and appointed the king's chief of staff as his special deputy for economic affairs in an apparent bid to soothe widespread anger over rising hardship and flagging growth.Mulki's reshuffle, his sixth since coming to power in May 2016, comes three...Read More

Feb 26 (Reuters) - Stock MarketsNet ChngStock MarketsNet ChngS&P/ASX 200** 5,999.80 48.90 NZX 50**8,301.72 34.84DJIA25,309.99347.51NIKKEI**21,892.78156.34Nasdaq7,337.390127.304 FTSE**7,244.41 -7.98S&P 500 2,747.343.34 Hang Seng** 31,267.17301.49SPI 200 Fut 6,004.00 31.00 STI** 3,533.22 44.76SSEC**3,289.0241 20.4652 KOSPI** 2,451.52 37.24-----------------------------------------------------...Read More

JOHANNESBURG, Feb 25 (Reuters) - South Africa's National Union of Mineworkers (NUM) on Sunday said that Pan African Resources would cut 1,722 jobs at its Evander Gold Mine in the country's Mpumalanga province.The NUM said the company, which has a total workforce of 1,812 people at the mine, informed the union that the job cuts were due to deteriorating and inadequate infrastructure at the mine, hi...Read More

Garibaldi Resources Corp. (TSX-V:GGI), a Vancouver-based explorer with projects in British Columbia and Mexico, topped the TSX Venture Exchange's Top 50 rankings in 2017 with a 2,351% year-over-year gain in market value in 2017.More than 150,000,000 of Garabaldi's shares were traded throughout the year, while its share prices appreciated 1,722% over the course of 2017. The Venture 50 ranking is ba...Read More

Garibaldi Resources Corp. (TSX-V:GGI), a Vancouver-based explorer with projects in British Columbia and Mexico, topped the TSX Venture Exchange's Top 50 rankings in 2017 with a 2,351% year-over-year gain in market value in 2017.More than 150,000,000 of Garabaldi's shares were traded throughout the year, while its share prices appreciated 1,722% over the course of 2017. The Venture 50 ranking is ba...Read More

Garibaldi Resources Corp. (TSX-V:GGI), a Vancouver-based explorer with projects in British Columbia and Mexico, topped the TSX Venture Exchange's Top 50 rankings in 2017 with a 2,351% year-over-year gain in market value in 2017.More than 150,000,000 of Garabaldi shares were traded throughout the year, while its share price appreciated 1,722% over the course of 2017. The Venture 50 ranking is based...Read More

SEOUL (Reuters) - Senior officials from Pyongyang visiting South Korea on Sunday said North Korea was open to talks with the United States, hours after it accused Washington of trying to stir up conflict on the peninsula with new sanctions.In Pyeongchang for the closing ceremony of the Winter Olympics, the visiting delegation also said developments in relations between the two Koreas and between N...Read More

NEW YORK (Reuters) - Investors are starting to doubt whether they can count on the protective embrace of an accommodative U.S. central bank when markets go haywire.Federal Reserve chair Jerome Powell has said little about the sharp fall in Wall Street stocks this month, besides offering the platitude at his swearing-in ceremony last week that “we will remain alert to any developing risks to...Read More

ISTANBUL, Feb 25 (Reuters) - Turkey's Zorlu Holding has signed an agreement with Chinese investment firm GSR Capital for investments in battery production totalling $4.5 billion until 2023, Zorlu's chief executive said on Sunday.In a statement, Zorlu Holding CEO Omer Yungul said Vestel , owned by Zorlu, and GSR Capital would work together to each build 50 percent of a "mega battery factory&qu...Read More

By Suleiman Al-KhalidiAMMAN, Feb 25 (Reuters) - Jordan's Prime Minister Hani Mulki reshuffled his cabinet on Sunday and appointed the king's chief of staff as his special deputy for economic affairs in an apparent bid to soothe widespread anger over rising hardship and flagging growth.Mulki's reshuffle, his sixth since coming to power in May 2016, comes three days after hundreds of protesters in t...Read More

(Bloomberg) - Long-struggling Comstock Mining Inc. may finally have its mother lode.The penny stock gold miner - which hasn't made an annual profit in 13 years as a public company - is selling a 98-acre patch of land next to the Silver Springs Airport outside Reno, Nevada. Located near Tesla Inc.'s gigafactory, the desert runway is seeing more traffic and attention from developers now that the El...Read More

* Inflation boosted by austerity steps to rein in budget deficit* Food and beverage, transport prices soar* Consumer basket change makes comparisons difficult* But analyst estimates inflation under old basket hit 6 percent* Further rises possible in coming months (Adds 6 percent estimate for inflation with old basket)By Andrew TorchiaDUBAI, Feb 25 (Reuters) - Saudi Arabia's annual consumer price i...Read More

(Bloomberg) - Burkina Faso is looking for a new partner to mine the world's largest manganese deposit after rights disputes thwarted two earlier attempts to develop the $1 billion project.Pan African Minerals, a unit of Timis Mining Corp., was told to stop production at the Tambao mine in 2015 following a change in leadership in the West African nation. The company then petitioned the Internation...Read More

(Bloomberg) - Burkina Faso is looking for a new partner to mine the world's largest manganese deposit after rights disputes thwarted two earlier attempts to develop the $1 billion project.Pan African Minerals, a unit of Timis Mining Corp., was told to stop production at the Tambao mine in 2015 following a change in leadership in the West African nation. The company then petitioned the Internation...Read More

ABU DHABI, Feb 25 (Reuters) - First Abu Dhabi Bank , the largest bank in the United Arab Emirates, expects to enter Saudi Arabia's banking market in 2018, a senior executive said on Sunday.The bank has applied for a commercial banking licence in the kingdom, Karim Karoui, the bank's group head of subsidiaries, strategy and transformation, told reporters.FAB, created by last year's merger between N...Read More

By Davide BarbusciaDUBAI, Feb 25 (Reuters) - Saudi Arabian real estate developer Dar Al Arkan met fixed income investors last week for a so-called non-deal roadshow, discussions that were not linked to any specific plan for a bond issue, sources familiar with the matter said.Dar Al Arkan , which issued $500 million of Islamic bonds last April, held the meetings to update investors on the company's...Read More