Story developed using data from Mining Intelligence. Learn more and schedule a demo.Most Toronto-based miners have addresses on Bay Street while Vancouver miners are evenly split between Hastings and Pender streets.Despite the commodity price shake out in 2015 and 2016, miners have mostly hung onto their downtown addresses."The mining sector occupies a large footprint in office and commercial sp...Read More
Story developed using data from Mining Intelligence. Learn more and schedule a demo.Most Toronto-based miners have addresses on Bay Street while Vancouver miners are evenly split between Hastings and Pender streets.Despite the commodity price shake out in 2015 and 2016, miners have mostly hung onto their downtown addresses."The mining sector occupies a large footprint in office and commercial sp...Read More
Story developed using data from Mining Intelligence. Learn more and schedule a demo.Most Toronto-based miners have addresses on Bay Street while Vancouver miners are evenly split between Hastings and Pender streets.Despite the commodity price shake out in 2015 and 2016, miners have mostly hung onto their downtown addresses."The mining sector occupies a large footprint in office and commercial sp...Read More
China would encourage enterprises to build infrastructure and conduct commercial trial voyages, paving the way for Arctic shipping routes that would form a "Polar Silk Road."Read full newsRead More
Over the span of 2000-2016, the amount of money spent on food by the average American household increased from $5,158 to $7,203, which is a 39.6% increase in spending...Read full newsRead More
(Updates status of NAFTA talks in paragraph 13)By Sinead CarewJan 28 (Reuters) - Anybody hoping for a replay of the stock market advance that followed U.S. President Donald Trump's first address to Congress may be disappointed. This time around, shares could suffer if Trump does not tread carefully on hot-button issues. The S&P 500 jumped 1.4 percent the day after Trump's speech last February,...Read More
The last two editions of the World Economic Forum were somber affairs for oil industry chieftains and commodities tycoons. The consensus in Davos was that oil was going to stay low, OPEC would fail to lift prices, and the mining industry faced a difficult time.Roll forward to 2018 and there's been a near-universal shift in sentiment as strong and synchronized global economic growth drives demand f...Read More
The last two editions of the World Economic Forum were somber affairs for oil industry chieftains and commodities tycoons. The consensus in Davos was that oil was going to stay low, OPEC would fail to lift prices, and the mining industry faced a difficult time.Roll forward to 2018 and there's been a near-universal shift in sentiment as strong and synchronized global economic growth drives demand f...Read More
The last two editions of the World Economic Forum were somber affairs for oil industry chieftains and commodities tycoons. The consensus in Davos was that oil was going to stay low, OPEC would fail to lift prices, and the mining industry faced a difficult time.Roll forward to 2018 and there's been a near-universal shift in sentiment as strong and synchronized global economic growth drives demand f...Read More
Copper mining deals are off to the best start in at least 12 years - and more money could be pouring into the sector this year.More than $500 million in transactions are pending or were completed so far this month, the most recorded for January in Bloomberg data going back 12 years. Merger interest is picking up after years of under-investment limited mining companies' capacity to meet rising dema...Read More
CAIRO, Jan 28 (Reuters) - Average yields on Egypt's three- and nine-month treasury bills fell at an auction on Sunday, central bank data showed.Yields on the 91-day bills slipped to 18.006 percent from 18.362 at the last sale, while yields on the 266-day bills also eased to 17.080 percent from 17.563 percent. (Reporting by Nadine Awadalla; Editing by Catherine Evans) Disclaimer: The views expres...Read More
(Adds more comments)AMSTERDAM, Jan 28 (Reuters) - The European Central Bank (ECB) should make it clear how it will end its asset purchases as soon as possible after the current bond buying programme ends in September, Dutch central bank president Klaas Knot told Dutch current affairs programme Buitenhof on Sunday."There is no reason whatsoever to continue the programme", Knot said. &quo...Read More
By Tom ArnoldDUBAI, Jan 28 (Reuters) - Commercial Bank of Qatar (CBQ), the Gulf state's third-largest lender by assets, is in talks with banks about a syndicated loan of up to $500 million, two sources familiar with the matter told Reuters.Raising money through a loan was one option open to the bank, which was also considering bonds as part of its normal funding pattern, one of the sources said.Qa...Read More
AMSTERDAM, Jan 28 (Reuters) - The European Central Bank (ECB) should end its asset purchases as soon as possible after its current bond buying programme ends in September, Dutch central bank president Klaas Knot told Dutch current affairs programme Buitenhof on Sunday."There is no reason whatsoever to continue the programme", Knot said. "I feel that we need to be clear about this.&q...Read More
Interview syndicated from Frank Holme's Frank TalkLast week the U.S. Global Investors office was visited by a living legend in the junior mining industry, billionaire founder and executive chairman of Ivanhoe Mines, Robert Friedland. In case you don't know, back in the mid-1970s, Robert was caretaker of an apple orchard south of Portland that one of his buddies from Reed College would often visit....Read More
DUBAI, Jan 28 (Reuters) - Shares in Saudi Arabia's Kingdom Holding soared in early trade on Sunday after owner Prince Alwaleed bin Talal was released from detention, but top petrochemical producer Saudi Basic Industries fell on weak fourth-quarter earnings.The Saudi stock index was flat after an hour but rising stocks outnumbered losers in a ratio of about two to one.The release of Prince Alwaleed...Read More
Local inhabitants have long taken advantage of these riches. They pan for gold in Asosa's streams and also extract the precious metal directly from outcropping rocks.Read full newsRead More
DUBAI, Jan 28 (Reuters) - Shares in Riyadh-listed international investment company Kingdom Holding soared at the opening on Sunday after the company's owner, Prince Alwaleed bin Talal, was released after being detained for over two months in a corruption probe.The stock immediately jumped its 10 percent daily limit to 10.04 riyals in unusually active trade. Shares in Saudi fashion retailer Fawaz A...Read More
By Devidutta Tripathy and Manoj KumarMUMBAI/NEW DELHI, Jan 28 (Reuters) - India's government may look to raise as much as a record 1 trillion rupees ($15.7 billion) from the sale of state assets in the next fiscal year to help meet tough fiscal deficit limits while giving it room to boost spending and woo voters before general elections that must be called by early 2019.Investment bankers and econ...Read More
CAIRO, Jan 28 (Reuters) - INTEREST RATESLatestLast change PreviousCentral18.75 06/07/1716.75 bank o/n depositCentral19.75 06/07/1717.75bank o/n lendingCentral19.25 06/07/1717.25bank discount rate MONTHLY DATA _____________ Month Pvs Yr agoUrban 21.92623.3consumerDecemberprices(year-on-year,pct change) CoreinflatioDecember19.8625.53 25.86n (year-on-year,pct change) Foreign December37.02036.72324....Read More