Recent News

Proactive Oil Highlights: Sound Energy, Touchstone Exploration, Highlands Natural Resources, UKOG, Aminex, Solo Oil

February 10, 2018 / www.proactiveinvestors.co.uk

Sound Energy PLC (LON:SOU) has laid out an exploration programme for 2018 that is set to deliver several potential value-adding catalysts.A phased seismic programme is partially complete, and a new drill programme will start in July to test three big targets. At the same time, Sound is working on development funding to take its recent successes into production."We are now moving forward with our e...Read More

RT @ElitexCorp: China plans to launch crude oil futures on March 26: securities ... - Reuters

February 10, 2018 / dlvr.it

China plans to launch its long-awaited crude oil futures contract on March 26, the country's securities regulator said on Friday, a move that could potentially shake up pricing of the world's largest commodity market.Read full newsRead More

India will stick to fiscal deficit target - paper

February 10, 2018 / www.kitco.com

MUMBAI, Feb 10 (Reuters) - India will stick to its budgeted fiscal deficit target for the coming fiscal year, Finance Minister Arun Jaitley was quoted on Saturday as saying.Jaitley dismissed concerns that any sharp increase in global oil prices could make it difficult for the government to attain its deficit target for the next fiscal year, which starts in April, Indian daily The Economic Times re...Read More

Proactive Mining Highlights: Bacanora Minerals, Kennedy Ventures, Anglo Pacific

February 10, 2018 / www.proactiveinvestors.co.uk

Bacanora Minerals Ltd. (LON:BCN) has said it intends to re-commence the process of changing the domicile of jurisdiction to the UK from Canada which it thinks will benefit its plans to raise a significant amount of new debt and equity financing to fund its growth.The London and Canadian listed lithium company sought shareholder approval to effect the re-domicile from Canada in September 2016, howe...Read More

Bank of Italy chides parties over free-spending election pledges

February 10, 2018 / www.kitco.com

By Elvira PollinaVERONA, Italy, Feb 10 (Reuters) - Italy's central bank chief on Saturday appealed to political parties contesting next month's election to pursue responsible policies and not lose sight of the need to cut the huge public debt.Ahead of the March 4 parliamentary election all the main parties, and especially the centre-right coalition leading the polls, have tried to woo voters with...Read More

UPDATE 1-Egypt wants more market stability before Eurobond issue - minister

February 10, 2018 / www.kitco.com

(Adds foreign holdings of T-bills, comments on inflation and fuel subsidies, context)By Andrew TorchiaDUBAI, Feb 10 (Reuters) - Egypt is considering plans for a Eurobond issue but wants to see more stability in global financial markets before it goes ahead, Egyptian finance minister Amr El Garhy said on Saturday."We want to find the right time and we hope to do this in the next few days,&quo...Read More

Italy's new large banking groups must be ready to boost capital- cenbank

February 10, 2018 / www.kitco.com

VERONA, Feb 10 (Reuters) - Italian lenders set to head two new banking groups being created by merging hundreds of small cooperative banks (BCCs) must be ready to strengthen their capital if needed, the central bank's governor said on Saturday.Italy is forcing its tiny BCC banks to merge and two new groups being formed will undergo an asset check-up this year before moving under the European Centr...Read More

ECB's Visco says proving hard to raise inflation expectations

February 10, 2018 / www.kitco.com

VERONA, Italy, Feb 10 (Reuters) - The European Central Bank is finding it difficult to raise inflation expectations but it will patiently pursue its objective of bringing price increases back up towards 2 percent, Bank of Italy Governor Ignazio Visco said on Saturday."The risk of inflation has been averted but it is proving difficult to push up inflation expectations," Visco, who sits on...Read More

EPA administrator visits Nevada silver-gold mine

February 10, 2018 / dlvr.it

LOVELOCK - An agency that encourages stewardship over prohibition is the Environmental Protection Agency that Administrator Scott Pruitt represented to the Nevada mining industry on Feb. 5.Read full newsRead More

Rwanda's yr-on-yr inflation at 1.3 percent in Jan - stats office

February 10, 2018 / www.kitco.com

KIGALI, Feb 10 (Reuters) - Rwanda's year-on-year inflation increased to 1.3 percent in January, the statistics office said on Saturday, up from 0.7 percent in December.The monthly inflation increase was 0.2 percent. The increase was mostly due to non-food items like housing, fuels, electricity and gas, the National Institute of Statistics of Rwanda said.(reporting by Clement Uwiringiyimana; editin...Read More

Egypt wants more market stability before Eurobond issue - minister

February 10, 2018 / www.kitco.com

DUBAI, Feb 10 (Reuters) - Egypt is considering plans for a Eurobond issue but wants to see more stability in global financial markets before it goes ahead, Egyptian finance minister Amr El-Garhy said on Saturday."We want to find the right time and we hope to do this in the next few days," Garhy told Reuters on the sidelines of a financial conference in Dubai, when asked if this week's sw...Read More

Granada Gold Mine announces Date for Dividend Payments

February 10, 2018 / dlvr.it

ROUYN NORANDA, QC, Feb. 9, 2018 /CNW/ - Granada Gold Mine Inc. (TSX-V: GGM) (OTCPK: GBBFF) (Frankfurt: B6D) (the 'Company' or 'Granada') announces that it i...Read full newsRead More

CANADA STOCKS-TSX falls on weakness in mining stocks

February 10, 2018 / dlvr.it

Canada's main stock index fell on Friday, closing at its lowest level for five months reflecting weakness in mining stocks as gold futures and copper prices declined.Read full newsRead More

Bitcoin Mining Is Potentially More Energy-Intensive Than Gold Mining

February 10, 2018 / dlvr.it

But Bitcoin could be so much more than digital gold.Read full newsRead More

Why Altria Group Could Be a Gold Mine for Income Investors

February 10, 2018 / dlvr.it

The U.S. tobacco giant has many ways to profit in the year ahead and beyond.Read full newsRead More

Hecla Reports Record Reserves for Silver, Gold and Lead

February 10, 2018 / dlvr.it

15% Increase in Zinc ReservesRead full newsRead More

REFILE-China provincial regulators probing financing backed by shares - paper

February 10, 2018 / www.kitco.com

(Corrects 3rd paragraph to remove extraneous word)BEIJING, Feb 10 (Reuters) - Securities regulators in several provinces of China are investigating the use of shares as collateral for financing activities to curb potential risks, the state-owned Securities Times newspaper reported on Saturday.The provincial regulators have launched an "intensive investigation" into stock-backed borrowin...Read More

There's a Good Reason Why Gold Hasn't Rallied as Stocks Sold Off

February 10, 2018 / www.bloomberg.com

Goldman's Currie Says Commodities Worked as Advertised in Equity SelloffIt’s fair to ask why havens haven’t rallied as shares slumped. Gold, for example, is down this week and exchange-traded funds backed by the metal saw heavy selling, with holdings declining the most since July.One possible reason is that ETF investors might be selling gold to offset their stock-market losses, acco...Read More

Stock Selling Unleashed!

February 10, 2018 / www.321gold.com

Adam HamiltonArchivesFeb 09, 2018 The unnaturally-tranquil stock markets suddenly plunged over this past week. Volatility skyrocketed out of the blue and shattered years of artificial calm conjured by extreme central-bank distortions. This was a huge shock to the legions of hyper-complacent traders, who are realizing stocks don't rally forever. With stock selling unleashed again, herd psychology w...Read More

Worst Week in 2 Years for Stocks Ends on High Note: Markets Wrap

February 10, 2018 / www.bloomberg.com

Friday advance pares S&P 500's weekly plunge to 5.2 percentInterest-rate jitters could return with U.S. inflation reportLiz Ann Sonders of Charles Schwab says the pickup in economic growth contributed to the market selloff.U.S. equities ended their worst week in two years on a positive note, but rate-hike fears that pushed markets into a correction remain as investors await American inflation figu...Read More

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