KAMPALA, Feb 19 (Reuters) - The Uganda shilling was steady on Monday, underpinned by a slowdown in appetite for dollars after most firms used some of their liquidity to meet mid-month tax payments. At 0933 GMT, commercial banks quoted the shilling at 3,630/3,640, same level as Thursday's close. Markets in Uganda were closed on Friday for a holiday.UGX Spot Rate................... Ugandan Shilling...Read More
* Kochang mine added* Plans feasibility report by end of Q2 LONDON, Feb 19 (Reuters) - Asia-focused mine developer Bluebird Ventures , with venture partner Southern Gold , plans to reopen South Korean gold mines closed decades ago and is aiming for profits of around $100 per tonne, Bluebird's CEO said.The mines closed in the late 1960s and 1970s when the gold price was less than $140 an ounce, ma...Read More
* Graphic: World FX rates in 2018 * Graphic: Trade-weighted sterling since Brexit vote By Jemima KellyLONDON, Feb 19 (Reuters) - Britain's pound inched down against the dollar and euro on Monday, with traders cautious ahead of key wages data due later in the week that should give them clues to the pace of monetary tightening from the Bank of England. Markets have moved to price in an interest rate...Read More
* Amplats resumes dividends* CEO says presidency reaching out to mining sector* Cuts net debt to 1.8 bln rand from 7.3 bln* Share price rises over 3 percent (Updates with CEO interview, comments)By Ed StoddardJOHANNESBURG, Feb 19 (Reuters) - Anglo American Platinum (Amplats) , the world's top platinum producer, announced its first dividend in seven years on Monday as full-year headline earnings mo...Read More
By KrisztinaThanBUDAPEST, Feb 19 (Reuters) - The Polish zloty led Central European currencies modestly higher in early trade on Monday, extending last week's gains helped by improved sentiment on the region's stock markets.Stocks in Central Europe opened mostly firmer with the Warsaw bourse leading the pack with its main index up by half a percent."Today, we expect PLN to appreciate against E...Read More
NAIROBI, Feb 19 (Reuters) - The Kenyan shilling was stable against the dollar supported by inflows from horticulture exports and easing interbank rates, traders said. At 0843 GMT, commercial banks quoted the shilling at 101.25/45 per dollar, the same as Friday's close. The weighted average interest rate on the overnight borrowing market rose to 5.0898 percent on Monday from 4.6497 on Friday..........Read More
* U.S. dollar enjoys small bounce* Euro slips but holds close to $1.24* Graphic: World FX rates in 2018 By Tommy WilkesLONDON, Feb 19 (Reuters) - The dollar enjoyed a small rebound on Monday as investors bought back the greenback following its plunge to three-year lows.The U.S. currency has been hurt by a variety of factors this year, including concerns that Washington might pursue a weak dollar s...Read More
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TORONTO, ON--(Marketwired - February 16, 2018) -Brio Gold Inc. ('Brio Gold') (TSX: BRIO) is pleased to announce that it has entered into a definitive agre...Read full newsRead More
CABORCA, Mexico, Feb. 16, 2018 (GLOBE NEWSWIRE) - Mexus Gold US (OTCQB:MXSG)("Mexus" or the "Company") announced today that a small amount of gold has been sold as a result of its joint venture operation at the Santa Elena mine. MexusGold S.A. de C.V.'s operating partner, MarMar Holdings, has informed Mexus that 8.2 oz of gold ...Read full newsRead More
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(Adds text, updates prices)By PatturajaMurugaboopathy Feb 19 (Reuters) - Most Asian currencies consolidated on Monday as low liquidity and an absence of currency market catalysts limited gains, butstrong regional equity markets propped them up.South Korea's KOSPI index rose 0.9 percent, while Singapore's Straits Times index and Malaysia's Bursa Malaysia KLCI index rose about 1 percent each.The Sou...Read More
JOHANNESBURG, Feb 19 (Reuters) - South Africa's rand steadied against the dollar in early trade on Monday, holding near a three-year high touched on Friday after President Cyril Ramaphosa said tough decisions would be made to repair the economy after years of stagnation.At 0645 GMT, the rand traded at 11.6600 per dollar, not far off its close of 11.6375 on Friday.The currency raced to a three-year...Read More
JOHANNESBURG, Feb 19 (Reuters) - Anglo American Platinum (Amplats) , the world's top platinum producer, declared its first dividend in seven years on Monday as full-year headline earnings more than doubled and said it was not committing capital to major projects in 2018.The company's tight-fisted investment stance highlights the fragile state of platinum mining in South Africa, home to around two-...Read More
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Featured GuestsPeter Grandich & Arch CrawfordShow HighlightsOn the heels of news that nearly 1000 trapped gold miners were rescued from an underground labyrinth, Peter Grandich of Peter Grandich and Company and Pete Speaks returns.Our guest notes he is a "Real gold bull... haven't been this bullish on gold in 34 years." Expect a new record gold price to unfold in less than two years. His service...Read More