* Liberal billionaire strongly backs EU, eurozone* Meeting with ECB's Coeure rattles some lawmakers* Germany opposed to common budget (Adds comment from Soros spokesman)By Francesco CanepaFRANKFURT, Feb 16 (Reuters) - Billionaire investor and activist George Soros has met a European Central Bank director to argue for closer euro zone integration, prompting criticism from some EU lawmakers who fear...Read More

* Jan. homebuilding data jumps to more than 1-year high* Indexes up: Dow 0.36 pct, S&P 0.29 pct, Nasdaq 0.19 pct* S&P, Nasdaq set for best week since December 2011* Healthcare stocks lead gainers on S&P, Dow (Changes comment, adds details, updates prices)By Sruthi ShankarFeb 16 (Reuters) - U.S. stocks rose on Friday, led by gains in technology and healthcare stocks, putting the main in...Read More

TORONTO, Feb. 16, 2018 (GLOBE NEWSWIRE) - Innovation Metals Corp. ("IMC"), a private company specializing in cost-effective processing solutions for critical metals, is pleased to announce the recent award of a research contract from Natural Resources Canada ("NRCan"), for work on the production of rare-earth-element ("REE") oxides and alloys.The contract was awarded as part of NRCan's Rare Earth...Read More

Stocks have been showing wild swings and volatility.Increased volatility is great for precious metals.The real key is preserving the wealth during times of crises.A real gold discovery can take a junior trading for pennies into a major producer.Don't forget forty year cycle for gold rushes we may be on the verge of the next one!Is gold finally about to breakout from a 5 year base and hit new h...Read More

It's another positive trading day, with the Dow Jones Industrial Average (DJI) eyeing a sixth straight win -- its longest daily win streak since early November. In addition to strong Coca-Cola earnings, upbeat economic data is also helping to lift investor sentiment. Namely, housing starts hit their highest point in more than a year, building permits climbed to a 10-year peak, and consumer sentime...Read More

Fast food stock Jack in the Box Inc. (NASDAQ:JACK) is rallying today, after Jana Partners disclosed a 7.3% stake in the company. According to an SEC filing, the hedge fund believes JACK shares are undervalued, and has held discussions with management regarding its capital structure and allocations, margins, operations, and franchise mix. Going forward, Jana may "take other steps to increase shareh...Read More

The S&P 500 Index (SPX) last week suffered its worst week since 2016. However, U.S. stocks have been on a tear since then, with the major market indexes pacing for their sixth straight gain, and the SPX on track for its best week since December 2011, up 4.7% so far. Should these gains hold, it would send up a stock market signal not seen since 2001.S&P Pacing for 10th Signal EverSpecifically, the...Read More

ACCRA, Feb 16 (Reuters) - The Bank of Ghana said the yield on its weekly 91-day bill dipped to 13.34 percent at an auction on Friday from 13.36 percent at the last such sale, on Feb. 9.The bank said it had accepted all 447.14 million cedis ($100 million) worth of bids tendered for the paper, which will be issued on Monday.Ghana's treasury bill yields have stayed around 13 percent since August afte...Read More

(Bloomberg) - Sweden will step up efforts to find precious minerals such as cobalt and lithium, key battery components that are increasingly in demand among makers of electric vehicles.The government will invest 10 million kronor ($1.26 million) over the next two years to map the existence of minerals deemed important for future growth. While Sweden has a history of mining for base metals, the Ge...Read More

(Bloomberg) - A deal that kept the peace at Russia's biggest mining company for more than five years is starting to fray, leaving three billionaires fighting over the next move.Attorneys for Oleg Deripaska, Vladimir Potanin and Roman Abramovich faced off in London court on Friday in a conflict triggered by Abramovich's desire to sell his stake in MMC Norilsk Nickel PJSC, which could shift the sha...Read More

(Kitco News) - WallStreet analysts have once again joined Main Street with a bullish short-termoutlook on gold, based on the weekly Kitco News gold survey. Wall Street Bullish Bearish Neutral VSMain Street Bullish Bearish Neutral Twentymarket professionals took part in the Wall Street survey, with twelve, or 60%,calling for gold to rise in the next week. Previously, Wall Stree...Read More

(Kitco News) - Wall Street analysts have once again joined Main Street with a bullish short-term outlook on gold, based on the weekly Kitco News gold survey. Wall Street Bullish Bearish Neutral VS Main Street Bullish Bearish Neutral Twenty market professionals took part in the Wall Street survey, with twelve, or 60%, calling for gold to rise in the next week. Previ...Read More

* Stocks shrug off inflation fears: * The long view: stocks vs. bonds: * Bond yield rise cuts equity risk premium: By Ritvik CarvalhoLONDON, Feb 16 (Reuters) - Global stocks seem to have finally stopped worrying about their bond market cousins.The last few weeks' turbulence on world equity markets was triggered largely by a slide in U.S. Treasuries that saw 10-year borrowing costs surge towards 3...Read More

Shares in Rio Tinto-controlled Turquoise Hill Resources opened 3% lower on Friday after the Mongolian government reinstated a decade-old agreement ordering the Vancouver-based company to source power for its Oyu Tolgoi mine domestically.Rio Tinto, down 1.8% in New York, could face higher costs on its $5.3 billion underground expansion of the giant copper-gold mine in the South Gobi desert near t...Read More

Shares in Rio Tinto-controlled Turquoise Hill Resources opened 3% lower on Friday after the Mongolian government reinstated a decade-old agreement ordering the Vancouver-based company to source power for its Oyu Tolgoi mine domestically.Rio Tinto, down 1.8% in New York, could face higher costs on its $5.3 billion underground expansion of the giant copper-gold mine in the South Gobi desert near t...Read More

Offshore drilling contractor Transocean Ltd. (NYSE:RIG) is slated to report fourth-quarter earnings after the market closes next Tuesday, Feb. 20, with consensus estimates calling for a loss of 27 cents per share. RIG has managed to trade higher the day after earnings following six of its last eight quarterly reports -- but ahead of next week's reports, traders on Wall Street appear to be bracing...Read More

The gold miners' stocks weathered the recent stock-market plunge really well. As evident in their leading GDX ETF, they were already beaten down before stock markets started falling. The resulting explosion of fear bled into GDX, forcing it even lower. Nevertheless, no major technical damage was done. GDX remained well within its consolidation trend channel and is still within striking dis...Read More

The gold miners' stocks weathered the recent stock-market plunge really well. As evident in their leading GDX ETF, they were already beaten down before stock markets started falling. The resulting explosion of fear bled into GDX, forcing it even lower. Nevertheless, no major technical damage was done. GDX remained well within its consolidation trend channel and is still within striking dis...Read More

Larry Johnson, chief executive of Kennedy Ventures PLC (LON:KENV), tells Proactive a fourth shipment has now been made from the Namibian tantalum mine to their customer with purity of the shipment a high grade 51%.He adds that a change of strategy is also planned now that the initial ramp-up of the mine has been carried out, with the board to look for new projects in Africa.  Meet Medusa Mini...Read More

* Sales process to begin quickly, but no time frame given* Condition of sale that company retain its "green" profile* Boards, shareholders both satisfied with arbitration (Updates with details, background)By Toby SterlingAMSTERDAM, Feb 16 (Reuters) - Dutch energy company Eneco, valued at up to 4 billion euros ($5 billion), will be privatised after its municipal shareholders and managemen...Read More