Recent News

U.S. stock funds post $8.4 bln outflows during week -Lipper

January 04, 2018 / www.kitco.com

NEW YORK, Jan 4 (Reuters) - U.S. fund investors pulled $8.4 billion from stocks and funneled $3.3 billion into taxable bonds during the most recent week, responding to a strong year of market gains defensively, Lipper data showed on Thursday.The data covers cash that moved into and out of U.S.-based mutual funds and exchange-traded funds during the seven days through Wednesday. (Reporting by Trevo...Read More

Chile and Argentina to lead lithium output growth after 2018

January 04, 2018 / www.mining.com

A new report by BMI Research states that based on project pipelines, Chile and Argentina will lead lithium production in coming years, with the bulk of new capacity coming online in 2019."We have updated our lithium production forecasts for Chile and Argentina to reflect a relatively slower-moving project pipeline due to regulatory hurdles in the former and growing exploration efforts boosting lon...Read More

Chile and Argentina to lead lithium output growth after 2018

January 04, 2018 / www.mining.com

A new report by BMI Research states that based on project pipelines, Chile and Argentina will lead lithium production in coming years, with the bulk of new capacity coming online in 2019."We have updated our lithium production forecasts for Chile and Argentina to reflect a relatively slower-moving project pipeline due to regulatory hurdles in the former and growing exploration efforts boosting lon...Read More

New Year Rally Has FedEx Options Bulls Winning Big

January 04, 2018 / www.schaeffersresearch.com

Subscribers to Schaeffer's Weekly Options Countdown service doubled their money earlier this week on our FedEx Corporation (NYSE:FDX) weekly 1/5 245-strike call recommendation. Here's a closer look at what put FDX stock on our bullish radar for the first week of 2018, and how the options trade we recommended last Sunday, Dec. 31, unfolded.On Tuesday, Dec. 19, FedEx reported blowout fiscal second-q...Read More

Roxgold's mine in Burkina Faso greenlighted by the Ministry of Environment

January 04, 2018 / www.mining.com

Roxgold Inc. (TSX:ROXG) announced that the Ministry of Environment and Sustainable Development of Burkina Faso has granted the company permitting approval to develop the Bagassi South project, located within its high-grade Yaramoko gold mine in the Hound?(C) greenstone region of the West African country."The approval of the Environmental and Social Impact Assessment for Bagassi South allows us to...Read More

Roxgold's mine in Burkina Faso greenlighted by the Ministry of Environment

January 04, 2018 / www.mining.com

Roxgold Inc. (TSX:ROXG) announced that the Ministry of Environment and Sustainable Development of Burkina Faso has granted the company permitting approval to develop the Bagassi South project, located within its high-grade Yaramoko gold mine in the Hound?(C) greenstone region of the West African country."The approval of the Environmental and Social Impact Assessment for Bagassi South allows us to...Read More

Wallbridge Announces Appointment of Dr. Attila Pentek as Vice President Exploration

January 04, 2018 / bit.ly

Wallbridge Mining Company Limited (TSX:WM, FWB: WC7) ('Wallbridge') is pleased to announce the appointment of Dr. Attila Pentek as Vice President, Exploration effective January 1, 2018, subject to TSX approval.Read full newsRead More

Dow Smashes 25K Ahead of Jobs Report

January 04, 2018 / www.schaeffersresearch.com

U.S. stocks had another stellar day, with the Dow topping the 25,000 mark for the first time in history. A solid day for financial stocks helped the blue-chip index higher, overshadowing losses from Intel (INTC). Likewise, the S&P and Nasdaq also touched fresh record highs, as Wall Street applauded encouraging data on private-sector payrolls ahead of tomorrow's monthly jobs report. Commodities al...Read More

Federal Reserve Seeks To Clarify Big Bank Risk Management Expectations

January 04, 2018 / www.kitco.com

WASHINGTON (Reuters) - The Federal Reserve proposed new guidance Thursday that would clarify the regulator’s expectations for how senior managers at large banks handle risk at their respective institutions.The proposed guidance would identify core principles for effective day-to-day management of a bank, ensuring risk is adequately managed. The Fed also proposed guidance outlining its expect...Read More

RT @ThomasErdbrink: As Iran Erupts in Protest, Tehran Is Notably Quiet

January 04, 2018 / nyti.ms

It could be the sharp urban-rural divide, worries about a breakdown in authority or scars from the 2009 uprising. But whatever the cause, residents of the capital are sitting this one out.Read full newsRead More

CANADA STOCKS-TSX adds to record high as financials, materials advance

January 04, 2018 / www.kitco.com

TORONTO, Jan 4 (Reuters) - Canada's main stock index rose on Thursday, adding to its record high, as the financials and materials sectors climbed, while shares of energy and marijuana producers pared some recent gains.The Toronto Stock Exchange's S&P/TSX composite index unofficially closed up 41.39 points, or 0.25 percent, at 16,412.94. Five of the index's 10 main groups ended higher. (Reporti...Read More

RT @YahooFinance: 'Bomb cyclone' hits U.S. East Coast energy, power supply

January 04, 2018 / yhoo.it

NEW YORK/LONDON, Jan 4 (Reuters) - A severe winter stormfroze pipes and disrupted services at refineries on the U.S.Atlantic coast on Thursday, sending fuel prices higher as heavysnowfall and high winds caused electricity outages for almost80,000 homes and businesses.The only nuclear plantRead full newsRead More

St. Louis Fed's Bullard links tax bill with equity surge, stronger growth outlook

January 04, 2018 / www.kitco.com

PHILADELPHIA (Reuters) - The U.S. tax legislation approved last year is likely to boost growth and investment and is already pushing up equity prices, but should not force the Federal Reserve to raise interest rates any faster than expected, St. Louis Fed President James Bullard said on Thursday.“A lot of good things were done in this tax bill,” said Bullard, who endorsed the alignment...Read More

RT @ja_herron: Forties Oil Pipeline Crack Under Investigation by U.K. Regulator

January 04, 2018 / www.bloomberg.com

The U.K. Health and Safety Executive is investigating the causes of a crack in a key North Sea oil pipeline that disrupted production at more than 80 fields for weeks.Read full newsRead More

RT @pmruiz: Cash-drained #Russia and #Venezuela turn to digital "crypto" currencies to evade sanctions

January 04, 2018 / www.nytimes.com

Both countries have floated plans to create homegrown virtual currencies that would put them outside the global financial and banking system.Read full newsRead More

Dollar retreats versus most currencies; euro nears 3-year high

January 04, 2018 / www.kitco.com

NEW YORK (Reuters) - The dollar fell on Thursday, failing to hold the previous day’s gains on the back of upbeat U.S. data, as the euro resumed a rally that has taken it near its highest level in three years.A stronger-than-expected U.S. private-sector jobs report briefly helped the dollar pare losses versus the euro and extend gains against the yen. But those moves were short-lived.“T...Read More

Gold Mine Behind Generations Of Royal Wedding Rings To Reopen

January 04, 2018 / www.kitco.com

(Kitco News) - A Welsh gold mine, which is behind three generations of British royal wedding rings, is planning to reopen after 20 years of inactivity — just in time for the spring royal wedding between Prince Harry and Meghan Markle.The gold from the Clogau St David’s mine, located in Bontddu, Snowdonia, was used in royal weddings for the last 90 years.Wedding rings for the Queen, Pri...Read More

Gold Mine Behind Generations Of Royal Wedding Rings To Reopen

January 04, 2018 / www.kitco.com

(Kitco News) - A Welsh gold mine, which is behind three generations of British royal wedding rings, is planning to reopen after 20 years of inactivity — just in time for the spring royal wedding between Prince Harry and Meghan Markle.The gold from the Clogau St David’s mine, located in Bontddu, Snowdonia, was used in royal weddings for the last 90 years.Wedding rings for the Queen, Pri...Read More

Rep Boost for Futura Medical's Erectile Dysfunction gel

January 04, 2018 / www.proactiveinvestors.co.uk

Sexual intimacy cures have been pedalled for centuries but science is now in the marketplace with, among others,  Futura Medical's (LON:FUM) MED2002 gel getting noticed in all the right places.The publication, The Journal of Sexual Medicine, is a bit late to the party given that the headline results were announced back in September 2016 but Futura said it nonetheless shows the growing "level...Read More

Dow breaks 25,000 as U.S., global growth hopes remain strong

January 04, 2018 / www.kitco.com

NEW YORK (Reuters) - The Dow Jones industrial average rose above the 25,000 level for the first time on Thursday and other major indexes scaled new records, propelled by strong economic data both in the United States and abroad.The 30-member blue-chip index crossed five 1,000-point marks in 2017 on the back of President Donald Trump’s pro-growth agenda and solid corporate earnings.It took le...Read More

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