Recent News

Silver is 'Off the Radar' But Shouldn't Be

February 19, 2018 / www.marketslant.com

Source: Clive Maund for Streetwise Reports 02/18/2018Silver has zero appeal for momentum traders now, but technical analyst Clive Maund believes that is going to change.Silver is completely "off the radar" for most investors right now, which is just the way we like it when we are buying, however, as we will see, there are good reasons to believe that this will not be the case for much longer.O...Read More

Australian Mines shares surge on SK Innovation off-take deal

February 19, 2018 / www.kitco.com

MELBOURNE Feb 20 (Reuters) - Shares of battery and technology metals developer Australian Mines Ltd surged on Tuesday after the company signed an offtake agreement with South Korean battery maker SK Innovation for nickel and cobalt from its Sconi project.The commodity off-take agreement, which is for an initial period of 7 years, is for SK Innovation's newly developed battery manufacturing plant...Read More

Japan's Aso: economy has basically escaped from asset price deflation

February 19, 2018 / www.kitco.com

TOKYO, Feb 20 (Reuters) - Finance Minister Taro Aso said on Tuesday that Japan's economy has basically escaped from economic malaise associated with asset price deflation.Aso, speaking with reporters after a cabinet meeting, said the government and the Bank of Japan still need to work together to achieve the central bank's 2 percent inflation target, because achieving this goal would offer proof t...Read More

Which #TSXV-listed #mining stocks gained the most last week? Find out here:

February 19, 2018 / bit.ly

Last week's other top-gaining TSXV-listed mining stocks were Granada Gold Mine, Galantas Gold, Goldcliff Resources and Cornerstone Capital Resources.Read full newsRead More

FTSE 100 ends in red after lacklustre session

February 19, 2018 / www.proactiveinvestors.co.uk

FTSE 100 closes down 47 ptsWall Street and Canada markets closed'Uninspired, lower volume trading in LondonBitcoin price rises 5% European indices started the week off in the red with FTSE 100 closing its account on Monday over 47 points down at 7,247 as traders struggled for direction as US and Canadian markets were closed."Equity markets started off the week on a lacklustre note, and t...Read More

Japan's Mitsubishi Corp to up Mitsubishi Motors stake to 20 pct -Nikkei

February 19, 2018 / www.kitco.com

Feb 20 (Reuters) - Trading house Mitsubishi Corp plans to about double its interest in Mitsubishi Motors to around 20 percent, Nikkei reported on Tuesday.Mitsubishi Corp, which held a 9.2 percent interest in Mitsubishi Motors as of last September, will spend about 120 billion yen ($1.13 billion) to buy additional shares through a tender offer, Nikkei reported. Mitsubishi Heavy Industries and Bank...Read More

Australian mortgage stress currently low, bears watching -RBA

February 19, 2018 / www.kitco.com

SYDNEY, Feb 20 (Reuters) - Australian households carry relatively high levels of debt that could lead to financial difficulty in a downturn, but the overall level of stress is currently low and not a threat to the banking system, a top central banker said on Tuesday.In a speech at a responsible lending summit, Reserve Bank of Australia (RBA) Assistant Governor for the financial systemMichele Bullo...Read More

UPDATE 1-Brazil gov't acknowledges pension bill going nowhere

February 19, 2018 / www.kitco.com

(Adds quote and political context)BRASILIA, Feb 19 (Reuters) - Brazil's political affairs minister Carlos Marun said on Monday that passage of a bill to overhaul the country's costly social security system has effectively ground to a halt in Congress and would become a campaign issue in this year's election.Marun spoke to reporters after the head of the Senate, Eunicio Oliveira, said the federal...Read More

Australia shares expected to slip; NZ rises

February 19, 2018 / www.kitco.com

Feb 20 (Reuters) - Australian shares are set to fall at Tuesday's open, tracking weakening metal prices on the London Metal Exchange.Copper fell 1.6 percent on Monday, while nickel ended 2.3 percent lower.Australian share price index futures fell about 0.6 percent, or 34 points, to 5,869, a 72.6-point discount to the underlying S&P/ASX 200 index close. The benchmark added 0.6 percent on Monday...Read More

UPDATE 1-Asia Morning Call-Global Markets

February 19, 2018 / www.kitco.com

Feb 20 (Reuters) - Stock MarketsNet ChngStock MarketsNet ChngS&P/ASX 200** 5,941.637.6NZX 50**8,129.57 0.18DJIA**25,219.3819.01 NIKKEI**22,149.21428.96Nasdaq**7,239.465-16.965 FTSE**7,247.66 -47.04S&P 500** 2,732.22 1.02Hang Seng** 31,115.43599.83SPI 200 Fut 5,869-34.00STI** 3,487.88 44.37SSEC**3,199.4757 14.52 KOSPI** 2,442.82 20.99---------------------------------------------------------...Read More

Hochtief to cut Abertis offer if dividend is approved

February 19, 2018 / www.kitco.com

BERLIN, Feb 19 (Reuters) - German builder Hochtief said on Monday it will lower its bid for Spain's Abertis if the infrastructure firm pays a dividend.Hochtief, majority-owned by Spanish builder ACS , has been competing with Italy's largest motorway operator Atlantia in a 17 billion-euro ($21.09 billion) bid battle for Abertis.Essen-based Hochtief said it will reduce its offer of 18.76 euros for A...Read More

Recent volatility 'a violent technical washout' in equity markets - APQ Global's Bart Turtelboom

February 19, 2018 / www.proactiveinvestors.co.uk

Bart Turtelboom, chief executive of APQ Global (LON:APQ), gives his thoughts on the recent volatility in global markets.''It was quite a violent move ... on the face of it, it really looks to have been a large technical correction particularly in equity markets''.''Fundamentally, there was really no significant new news that would lead to that type of market correction''.Turtelboom also welcomes S...Read More

Check out this article about @TetraBioPharma -- #TetraBioPharma $TBP $TBP.CA Read it here:

February 19, 2018 / ow.ly

Momentum Public Relations Blog: February 16 2018 Sun Life Signals the Start of Mass Medical Cannabis Market Aphria Becomes SAQ Recreational Marijuana Supplier Tetra Bio-Pharma Receives Approval for Phase Three Medical Cannabis Cancer Chronic Pain Treatment As the countdown to marijuana legalization accelerates the acceptance of medical cannabis has become more common. A defining momentRead full ne...Read More

BATM Advanced Communications expecting continued strong growth in cyber and networking

February 19, 2018 / www.proactiveinvestors.co.uk

Zvi Marom, chief executive of BATM Advanced Communications Limited (LON:BVC), tells Proactive they're now reaping the rewards of sustained investment and product launches.A strong second half performance in 2017's prompted them to advise the market to raise its expectations in terms of revenue and underlying earnings (EBITDA).The group said it expects revenue for 2017 to be around US$106mln, which...Read More

WideCells Group strengthens board; launches Wideacademy

February 19, 2018 / www.proactiveinvestors.co.uk

Joao Andrade, chief executive of WideCells Group PLC (LON:WDC) as well as chairman Peter Presland discuss with Proactive's Andrew Scott the official launch of the first stage of Wideacademy -the firm's 100%-owned education and training division.The newly launched platform provides content for both the public and medical professionals to raise the profile of stem cell technologies and support the d...Read More

Nigerian central bank injects $210 mln into currency market

February 19, 2018 / www.kitco.com

ABUJA, Feb 19 (Reuters) - Nigeria's central bank said on Monday it had injected $210 million into the interbank foreign exchange market, extending efforts to boost liquidity and alleviate dollar shortages.The bank said in a statement it had released $100 million earmarked for the wholesale market, $55 million for small businesses and individuals, and $55 million for certain dollar expenses such as...Read More

Brazilian minister says pension reform bill halted in Congress

February 19, 2018 / www.kitco.com

BRASILIA, Feb 19 (Reuters) - Brazil's political affairs minister Carlos Marun said on Monday that passage through Congress of a bill to overhaul the country's costly social security system has effectively been halted and would not be put to a vote.Marun spoke to reporters after the head of the Senate, Eunicio Oliveira, said the federal government's military intervention in Rio de Janeiro would, by...Read More

Europa Oil & Gas welcomes support for Holmwood from Environment Agency

February 19, 2018 / www.proactiveinvestors.co.uk

Hugh Mackay, chief executive of Europa Oil & Gas Plc (LON:EOG), tells Proactive the UK Environment Agency has indicated in a draft decision advertisement that it is inclined to award a bespoke environmental permit for drilling and testing for the Holmwood exploration well.There will now be a four week public consultation process, taking place between February 15 to March 15.  Meet Medusa...Read More

Capital Flows Out Of Gold Mining Into Cobalt, Steel, Lithium

February 19, 2018 / www.kitco.com

(Kitco News)- The gold sector could see asupply crunch on the horizon as investment capital flows into other metals,according to a report from EY.The report from the researchfirm shows that value of merger and acquisitions in the mining sector increased15% in 2017; however, the number of transactions declined by 6% last years.“Last year we saw fewer dealsbut at better values. In 2018, we exp...Read More

Capital Flows Out Of Gold Mining Into Cobalt, Steel, Lithium

February 19, 2018 / www.kitco.com

(Kitco News) - The gold sector could see a supply crunch on the horizon as investment capital flows into other metals, according to a report from EY.The report from the research firm shows that value of merger and acquisitions in the mining sector increased 15% in 2017; however, the number of transactions declined by 6% last years.“Last year we saw fewer deals but at better values. In 2018,...Read More

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