Angkor Gold Corp. (TSX-V:ANK) and (OTC:ANKOF) ("Angkor" or "the Company") CEO Mike Weeks is pleased to provide an update of activities on its 100% owned Cambodian gold and copper projects and exploration activities with Japan Oil, Gas and Metals National Corporation (JOGMEC) and Emerald Resources NL.Read full newsRead More
Enforcer Gold Corp ('Enforcer' or the 'Company') (TSXV:VEIN)is pleased to report it has added 19,352 hectares (47,818 acres) to its land position at the Montalembert gold project for a total land holding of 26,645 hectares (65,839 acres).Read full newsRead More
OSPREY GOLD DEVELOPMENT LTD. (TSXV: OS) (OTCQB: OSSPF) (the 'Company' or 'Osprey') is pleased to announce that the non-brokered private placement offering of up to 13,333,333 units at $0.075 per unit for gross proceeds of up to $1,000,000 previously announced in the Company's news release of January 19, 2018 (the 'Private Placement') has been increased to up to 1...Read More
* U.S. 30-year yield breaks above 3 pct for first time since May* U.S. economy expanding at 5.4 pct in Q1 - Atlanta Fed* Further yield curve flattening is expected to resume* U.S. Treasuries posted worst month in over a year (Updates market action, adds quote)By Richard LeongNEW YORK, Feb 1 (Reuters) - The U.S. Treasuries market started February on a sour note with the 10-year yield hitting a near...Read More
A short but sweet trading update from Spectra Systems Corporation (LON:SPSY) saw its stock surge on Thursday.The company - whose technology checks banknotes to make sure they're not counterfeit - said it received confirmation from its licensee for covert materials supplied to 18 central banks that the royalty component of the licensee's payments will be higher than previously expected for 2017.As...Read More
(Adds comments from media and analyst calls, updates market reaction)* Private equity heavyweights Apollo, Blackstone report Q4 results* Rising U.S. stock market help buyout firms book gains* Blackstone assets under management hit record high By Joshua FranklinNEW YORK, Feb 1 (Reuters) - Alternative asset managers Apollo Global Management LLC and Blackstone Group LP reported better-than-expected...Read More
Kerim Sener, managing director at Ariana Resources plc (LON:AAU), tells Proactive their Kiziltepe mine in Turkey saw the production and sale of 4,501 ounces of gold and 35,095 ounces of silver during the quarter ended 31 December 2017 - exceeding feasibility forecasts by around 38% for recovered gold on an annualised basis.Gross income from Kiziltepe for the period was US$6.31mln with an average e...Read More
Concerted global economic growth could hit 4% and top commodities consumer China is set to expand at a 6.6% clip this year according to the IMF and others.Factories around the world are buzzing - the global JP Morgan manufacturing PMI entered the year at its highest since February 2011.The LME index of base metals has climbed to the highest since 2014. Given its widespread use copper is considered...Read More
(Recasts; adds comment from CEO, analyst)By Rodrigo Campos and Luc CohenNEW YORK/BUENOS AIRES Feb 1 (Reuters) - Shares of Corporacion America Airports struggled to get airborne on their market debut on the New York Stock Exchange on Thursday after the Argentine airport operator priced its initial public offering at the lower end of an already reduced range. Shares opened at $17, the same as overn...Read More
By Ana ManoSAO PAULO, Feb 1 (Reuters) - Talks are on track between Brazilian logistics operator Hidrovias do Brasil SA and its lenders over a plan for the company to repay existing project finance debt with proceeds from a recent note issue, a person close to the matter told Reuters.The move, designed to give the company more flexibility to evaluate new projects to move commodities on Brazil's und...Read More
U.S. stocks are mixed this afternoon, as the major equity indexes struggle to start the new month on a positive note. Among the stocks making notable moves today are game developer The9 Limited (NASDAQ:NCTY), medical device concern ReWalk Robotics Ltd. (NASDAQ:RWLK), and software company Open Text Corp. (NASDAQ:OTEX). Here's a closer look at what's moving shares of NCTY, RWLK, and OTEXtoday.NCT...Read More
We recently examined a bullish extreme in the weekly Investors Intelligence (II) sentiment survey, as the "bulls minus bears" percentage ramped above 50% for the first time since 1987 (a calendar year that's likely to bring up some unpleasant associations for most investors). This week, as the II bulls-bears line remains unusually high, here's a sobering angle on this rampant investor optimism.Bul...Read More
Gold futures notched a second straight gain on Thursday, finding support on the back of a weaker dollar even after the Federal Reserve said it expects inflation "to move up this year" in a sign it is likely to hike rates at its next meeting in March. Read: Fed takes step toward rate increase as baton set to pass to Powell Analysts said the March hike is likely widely priced in to trading. For n...Read More
The main U.S. stock market indexes gained 0.1-0.3% on Wednesday, as they fluctuated following recent move down. Investors were uncertain ahead of quarterly earnings, FOMC Rate Decision, economic data releases. The S&P 500 index remained below its Tuesday's relatively big daily gap down. It currently trades around 2.1% below its January 26 record high of 2,872.87. Yet, it remains 4.7% above its...Read More
By Sin?(C)ad CarewFeb 1 (Reuters) - One of the oldest Wall Street adages dictates: "So goes January, goes the year." After the S&P 500's gain of almost 6 percent in the first month of 2018, that should mean the rest of the year will follow suit.Since 1950, there have been only nine major contradictions to the so-called January Barometer, according to the Stock Traders Almanac whose f...Read More
MEXICO CITY, Feb 1 (Reuters) - Mexico's anti-trust agency on Thursday said in a statement that it is investigating "probable" monopoly practices in Mexico's e-commerce market.The Federal Commission for Economic Competition, or Cofece, said in a statement that it was investigating possible monopolistic practices, such as price discrimination, that was affecting free commerce.Cofece had pu...Read More
Andrew Day, chief executive of Keywords Studios PLC (LON:KWS), talks Proactive through the firm's 2017 trading update.Day says they're expecting 2017 revenues and profits to be "comfortably ahead" of market expectations.The company snapped up eleven businesses last year, including two of its biggest deals to date: the ?,?53.3mln (US$66mln) takeover of VMC Consulting and the ?,?21.8mln (US$27mln) a...Read More
Renforth Resources Inc.(CSE:RFR) ("Renforth" or the "Company") is pleased to announce that 33 whole or fractional claim units have been staked and 25 whole or fractional claim units acquired, increasing the size of the southern portion of the New Alger Property.Read full newsRead More
• Surging US bond yields prompts fresh selling. • Renewed USD weakness helps limit downside. • Reviving safe-haven demand lends additional support. Gold maintained its offered tone through the early NA session and was now seen consolidating daily losses around the $1340 level. A hawkish Fed outlook, signalling at least thr...Read More
By Heather SomervilleSAN FRANCISCO, Feb 1 (Reuters) - Short-term home rental service Airbnb Inc will not go public this year, the company said on Thursday, and it appointed its first chief operating officer as it pursues global growth and tighter management of its finances as a more mature company."We're working on getting ready to go public and we will make decisions about going public on ou...Read More