The Prospectors & Developers Association of Canada (PDAC) is best known for its annual convention, bringing together prospectors, developers, geoscientists, consultants, and mining executives, among others. Considered the mammoth of all mining conferences, this annual event attracts more than 24,000 attendees from more than 130 countries. The four-day annual convention held yearly in Toronto,...Read More

(Adds background, Ohio senators' statement)WASHINGTON, Feb 12 (Reuters) - U.S. President Donald Trump will meet with a bipartisan group of lawmakers on Tuesday to discuss trade matters, as he ponders whether to takes steps to limit steel and aluminum imports seen as damaging to U.S. businesses.A month ago the Commerce Department handed Trump the results of its investigation into steel and aluminu...Read More

MACAU, Feb 13 (Reuters) - MGM Resorts opens its $3.4 billion casino resort in the Chinese-controlled territory of Macau on Tuesday, just days ahead of the Lunar New Year holiday, hoping to ride a boom in business in the world's biggest gaming hub.MGM Cotai, which will more than triple the number of MGM's hotel rooms in the former Portuguese colony to 1,972, marks a major expansion into hospitality...Read More

By Laila KearneyNEW YORK, Feb 12 (Reuters) - California Public Employees' Retirement System (CalPERS), the largest U.S. public pension fund, lost 4.6 percent in value during the stock market's recent two-week tumble, and investment risks are expected to persist, officials said on Monday.The drop in stocks from an all-time high on Jan. 26 to last Friday followed a booming year for the market and fo...Read More

Feb 13 (Reuters) - Stock MarketsNet ChngStock MarketsNet ChngS&P/ASX 200** 5,820.700-17.300 NZX 50**8,059.06 DJIA**24,601.27410.37NIKKEI**21,382.62-508.24Nasdaq**6,874.964107.473 FTSE**7,177.06 84.63S&P 500** 2,656.00 36.45 Hang Seng** 29,459.63-47.49SPI 200 Fut 5,77433.00 STI** 3,384.98 7.74SSEC**3,153.5612 23.71040KOSPI** 2,385.38 21.61----------------------------------------------------...Read More

Gold stages an impressive recovery today and, as of 3:30 PM Eastern standard time, is trading up $10.20 (April futures) at $1325.90. This upside spike is truly a combination of both a weaker U.S. dollar along with buyers bidding up the precious yellow metal.According to the Kitco Gold Index, spot gold is currently fixed at $1323.30, which is a net gain of $7.60 on the day. On closer inspection, it...Read More

Gold stages an impressive recovery today and, as of 3:30 PM Eastern standard time, is trading up $10.20 (April futures) at $1325.90. This upside spike is truly a combination of both a weaker U.S. dollar along with buyers bidding up the precious yellow metal.According to the Kitco Gold Index, spot gold is currently fixed at $1323.30, which is a net gain of $7.60 on the day. On closer inspection, it...Read More

(Adds quotes, details, context)SYDNEY, Feb 13 (Reuters) - Australia's central bank on Tuesday cautioned that any pick up in wage growth was likely to be slow and protracted, weighing on household incomes and spending power amid high levels of debt.Reserve Bank of Australia (RBA) Assistant Governor Luci Ellis said policy makers were a little more confident that wages and inflation would eventually...Read More

Jason LangeWASHINGTON (Reuters) - U.S. President Donald Trump with his budget proposal raises his bet that he will boost the economy before high inflation and interest rates get in the way.Congress has already given him tax cuts and increased deficit spending that is expected to stimulate the economy.But here’s the risk: Trump’s stimulus could boost hiring without triggering the kinds...Read More

Ginger Gibson, James OliphantWASHINGTON (Reuters) - President Donald Trump proposed a budget on Monday that calls for cuts in domestic programs and seeks a sharp increase in military spending and funding for a wall on the Mexican border.Presidential budgets are rarely enacted by the U.S. Congress, which controls federal purse strings, but they allow the White House to lay out its priorities for th...Read More

SYDNEY, Feb 13 (Reuters) - Australia's central bank on Tuesday cautioned that any pick up in wage growth was likely to be slow and protracted, weighing on household incomes and spending power amid high levels of debt.Reserve Bank of Australia (RBA) Assistant Governor Luci Ellis said policy makers were a little more confident that wages and inflation would eventually turn higher.However, Australia...Read More

(New throughout, updates prices and market activity)MEXICO CITY, Feb 12 (Reuters) - Latin American currencies firmed on Monday as markets stabilized following last week's extreme volatility and steep losses.Appetite for risk-taking crept back into currency markets, helping higher-yielding emerging market currencies including the Colombian peso, which was up close to 2 percent after shedding more t...Read More

(Adds details on stocks, updates prices)By Nichola SaminatherTORONTO, Feb 12 (Reuters) - Canada's main stock index recovered on Monday to post its biggest one-day gain since July 2016, with all 10 sectors in positive territory, taking their cue from a rebound in global stocks, oil and metals following a brutal week. * The Toronto Stock Exchange's S&P/TSX composite index closed up 206.87 points...Read More

The Dow rallied triple digits for a second straight session, marking its first back-to-back gains in February. A surge in tech stocks helped the index rally more than 400 points, with all but two of the 30 Dow stocks finishing in the black. The S&P and Nasdaq also rebounded following the stock market's worst week since 2016, with materials and industrial stocks gaining after President Donald Trump...Read More

Feb 13 (Reuters) - Australian shares are expected to open slightly firmer on Tuesday, tracking a stronger finish on Wall Street which closed higher for a second straight day. The local share price index futures rose 24 points to 5765.0, a 55.7-point discount to the underlying S&P/ASX 200 index close. The benchmark index fell 0.3 percent on Monday.New Zealand's benchmark S&P/NZX 50 index ro...Read More

By Nichola SaminatherTORONTO, Feb 12 (Reuters) - Canada's main stock index unofficially closed higher on Monday, rebounding from a five-month low as oil and metals prices rose. The Toronto Stock Exchange's S&P/TSX composite index ended the day up 206.87 points, or 1.4 percent, at 15,241.88. (Reporting By Nichola Saminather, Editing by Rosalba O'Brien) Disclaimer: The views expressed in this a...Read More

By Heather SomervilleSAN FRANCISCO, Feb 12 (Reuters) - Grocery delivery service Instacart has raised $200 million in fresh funding, the company said on Monday, boosting its valuation and providing new resources for the startup to compete against heavyweight Amazon.com Inc .Instacart, a San Francisco-based company that shops for and delivers groceries from about 200 retailers including Target Corp...Read More

SEOUL, Feb 13 (Reuters) - The following are foreign investors' holdings in local bonds and stocks for January, released by South Korea's Financial Supervisory Service on Tuesday (in trillion won):JanuaryDecemberBonds*100.998.5 Stocks*658.8 635.9*Foreign investors purchased a net 3.24 trillion won ($2.99 billion) of local stocks and a net 4.62 trillion won of local bonds in January.($1 = 1,083.0900...Read More

NEW YORK, Feb 12 (Reuters) - Wall Street's three major indexes rebounded on Monday with broad-based gains across sectors as investors appeared to regain confidence after U.S. equities' biggest weekly drop in two years.The Dow Jones Industrial Average rose 409.47 points, or 1.69 percent, to 24,600.37, the S&P 500 gained 36.39 points, or 1.39 percent, to 2,655.94 and the Nasdaq Composite added 1...Read More

* U.S. 30-year touch 11-month peak* U.S. safe haven bids in Treasuries slow amid stock rally* Trump unveils new budget (Recasts first paragraph, adds comment, updates prices, table)By Gertrude Chavez-DreyfussNEW YORK, Feb 12 (Reuters) - U.S. Treasury yields rose on Monday, with benchmark 10-year yields hitting a four-year high and those on 30-year bonds climbing to an 11-month peak, as a stock ral...Read More