A new report by BMI Research states that a possible victory by frontrunner presidential candidate Andr?(C)s Manuel L??pez Obrador poses "minimal downside risks to an otherwise strong outlook" for Mexico's mining industry.According to the market research firm, the populist candidate's policy goals would indeed represent a major shift from the current administration and that is why they have stoked...Read More

A new report by BMI Research states that a possible victory by frontrunner presidential candidate Andr?(C)s Manuel L??pez Obrador poses "minimal downside risks to an otherwise strong outlook" for Mexico's mining industry.According to the market research firm, the populist candidate's policy goals would indeed represent a major shift from the current administration and that is why they have stoked...Read More

* 4th-quarter U.S. economic growth revised down * Booking Holdings, TJX gain after earnings* Celgene falls after FDA rejects filing for MS drug * Indexes down: Dow 1.5 pct, S&P 1.1 pct, Nasdaq 0.8 pct(Adds details on U.S. stocks' monthly decline)By Caroline ValetkevitchNEW YORK, Feb 28 (Reuters) - U.S. stocks sold off late to end sharply lower on Wednesday, dragged down by continued worries ov...Read More

FULL DISCLOSURE: Kintavar Exploration Inc. is a paid client of Stockhouse Publishing.Read full newsRead More

NEW YORK, Feb 28 (Reuters) - Investment manager LJM Partners Ltd on Wednesday said it plans to shut down by the end of April following losses during the market's recent bout of volatility, according to a letter sent to investors.LJM will not resume trading and will return all remaining funds to investors, according to the letter reviewed by Reuters. (Reporting by Trevor Hunnicutt; Editing by Lisa...Read More

(Updates prices)SAO PAULO, Feb 28 (Reuters) - Mexican equities fell sharply again on Wednesday, capping their worst month in 6-1/2 years, as a mediocre corporate results season wrapped up amid uneasy negotiations to save the North American Free Trade Agreement.Markets also continued to be spooked following a relatively hawkish speech by the newly appointed head of the Federal Reserve Jerome Powell...Read More

(Adds details on quarterly revenue, eanrings forecast)NEW YORK, Feb 28 (Reuters) - Mylan NV said on Wednesday its fourth-quarter earnings fell due to declining revenue from its EpiPen emergency allergy injector and weak U.S. prices for generic drugs.The drugmaker reported net income of $244.3 million, or 46 cents a share, in the quarter, down from $417.5 million, or 78 cents a share, last year. E...Read More

By Trevor HunnicuttNEW YORK, Feb 28 (Reuters) - U.S. fund investors are sending a message that things are different after the market tumble, putting more cash into international stocks but showing less tolerance for bonds, Investment Company Institute (ICI) data showed on Wednesday.During the week ended Feb. 21, world stock funds pulled in $7.4 billion while their domestic counterparts posted with...Read More

The Oyu Tolgoi copper and gold mine in Mongolia's southern Gobi Desert will lift force majeure effective March 1 and majority owner Turquoise Hill Resources Ltd said on Wednesday that it expected to make up any sales-related effect over the next few quarters.Force majeure was declared Jan. 17 after protests by Chinese coal haulers disrupted deliveries by blockading roads near the Chinese-Mongolian...Read More

The Oyu Tolgoi copper and gold mine in Mongolia's southern Gobi Desert will lift force majeure effective March 1 and majority owner Turquoise Hill Resources Ltd said on Wednesday that it expected to make up any sales-related effect over the next few quarters.Force majeure was declared Jan. 17 after protests by Chinese coal haulers disrupted deliveries by blockading roads near the Chinese-Mongolian...Read More

GFG Resources (TSX-V:GFG) announced today that it has completed the acquisition of Rapier Gold.In a press release, the company explained that the buy-out was an integral part of its plans to consolidate a piece of land west of the gold mining district of Timmins, Ontario. With this addition, GFG now controls 565 square kilometres of gold assets in the eastern Canadian province.The consolidated lan...Read More

GFG Resources (TSX-V:GFG) announced today that it has completed the acquisition of Rapier Gold.In a press release, the company explained that the buy-out was an integral part of its plans to consolidate a piece of land west of the gold mining district of Timmins, Ontario. With this addition, GFG now controls 565 square kilometres of gold assets in the eastern Canadian province.The consolidated lan...Read More

(Adds stocks, details, updates prices to close)Feb 28 (Reuters) - Canada's main stock index slumped on Wednesday, pulled lower by energy shares that fell alongside the price of oil and as Valeant Pharmaceuticals tumbled after the company gave a weaker-than-expected revenue forecast.* The sell-off on the Toronto market accelerated into the closing bell, following Wall Street lower and making for i...Read More

March 1 (Reuters) - Stock MarketsNet ChngStock MarketsNet ChngS&P/ASX 200** 6,016-40.9 NZX 50**8,353.090-20.730DJIA**25,029.20-380.83 NIKKEI**22,068.24-321.62Nasdaq**7,273.009-57.345 FTSE**7,231.91 -50.54S&P 500** 2,713.83 -30.45Hang Seng** 30,844.72-423.94SPI 200 Fut 5,962-39.00STI** 3,517.94 -22.45SSEC**3,259.4959 -32.57KOSPI** 2,427.36 -28.78---------------------------------------------...Read More

A lithium explorer backed by Canadian mining magnate Frank Giustra dropped in Toronto trading amid speculation that its prospective buyer, a Chinese investment company, may fail to cough up the cash.Vancouver-based Lithium X Energy Corp. fell the most in nearly two years Wednesday, the latest casualty in a sector that's been pummeled this week on forecasts that a supply glut may loom for the metal...Read More

The stock market experienced another late-day decline, dragging the major indexes into negative territory. The Dow, S&P 500 Index, and Nasdaq got off to strong starts fueled by tech and retail stocks, while investors also reacted to this morning's fourth-quarter GDP update. But a sharp drop in oil prices resulted in major weakness from the energy sector, and the selling pressure only intensified i...Read More

BUENOS AIRES, Feb 28 (Reuters) - Argentina sold 58.3 billion pesos ($2.9 billion) in local law bonds, split between 30 billion pesos in bonds maturing in 2020 and 28.3 billion pesos in bonds maturing in 2023, the finance ministry said in a statement on Wednesday.The government received 68 billion pesos in orders for the 2020 bonds and 29 billion pesos in orders for the 2023 bonds, the ministry sai...Read More

Sweden's billionaire Lundin family is looking to spend as much as $3 billion on a new industrial-metal asset as prices rally, before turning its attention to scouring for a new gold project.Lundin Mining Corp. is on the prowl for a long-life zinc, nickel or copper asset and would shell out $1 billion to $3 billion, Lukas Lundin said in an interview Wednesday from the BMO Global Metals & Mining Con...Read More

Sweden's billionaire Lundin family is looking to spend as much as $3 billion on a new industrial-metal asset as prices rally, before turning its attention to scouring for a new gold project.Lundin Mining Corp. is on the prowl for a long-life zinc, nickel or copper asset and would shell out $1 billion to $3 billion, Lukas Lundin said in an interview Wednesday from the BMO Global Metals & Mining Con...Read More

Gold undermined by a higher US dollar index. Powell optimism about higher US inflation may be positive for Gold. Gold is now trading around $1318 in  the New York session, almost unchanged (-0.05%) on a higher USD,  amid concerns of higher US inflation and raising interest rates. After Tuesday’s Powell optimism, the USD drifted lower on early Wednesday Asian sessio...Read More