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(Adds background, details.)KIEV, Jan 24 (Reuters) - International Monetary Fund chief Christine Lagarde and Ukrainian President Petro Poroshenko said on Wednesday they had a constructive meeting on the sidelines of the World Economic Forum in Davos.Delays implementing reforms have held up the disbursement of funding under a $17.5 billion IMF programme and raised concern about Ukraine's willingnes...Read More
KINSHASA, Jan 24 (Reuters) - Democratic Republic of Congo's new proposed mining code, which the industry has warned will stifle investment in the copper and cobalt-rich nation, sailed through the Senate without opposition late on Wednesday.A version passed by the National Assembly - Congo's lower house of parliament - last month would increase taxes and royalties, including potentially more than d...Read More
BUENOS AIRES, Jan 24 (Reuters) - Argentina sold $800 million in Treasury notes to refinance maturing debt, the Finance Ministry said in a statement on Wednesday.The government sold $400 million in 196-day Treasury notes and $400 million in 364-day Treasury notes, for which it received $3.174 billion and $1.741 billion in orders, respectively.(Reporting by Caroline Stauffer Editing by Chizu Nomiyam...Read More
LONDON, Jan 24 (Reuters) - The field of prospective bidders for ScotiaMocatta, the metals trading arm of Canada's Bank of Nova Scotia, has narrowed to two, three banking and industry sources said on Wednesday.The two - Goldman Sachs Group and Citi - are undertaking due diligence checks, the sources said.The sources said Japanese trading house Sumitomo and Australian bank ANZ (Australia and New Zea...Read More
Apple Inc (NASDAQ:AAPL) has found itself all over the news this week. Yesterday, an analyst at J.P. Morgan Securities predicted build for the iPhone X might be down as much as 50% this quarter. Today, the tech titan noted that medical records could be featured on the Apple Watch, and new battery features were being implemented after its much-publicized slowdown controversy.Given the flurry of new...Read More
WASHINGTON, Jan 24 (Reuters) - The U.S. dollar is very stable and President Donald Trump believes in a free-floating currency, the White House said on Wednesday after a senior U.S. official welcomed a weaker dollar. "We believe in a free-floating currency. The president has always believed in that," White House spokeswoman Sarah Sanders told reporters at a daily briefing. "We have ....Read More
Paritosh Bansal, Noah Barkin, Yara BayoumyDAVOS, Switzerland (Reuters) - A senior U.S. official welcomed a weaker dollar on Wednesday, sending the greenback reeling and underlining concerns that U.S. President Donald Trump is stepping up his attack on China and other big trading partners as part of his America First agenda.U.S. Treasury Secretary Steven Mnuchin made the remark, seen by markets as...Read More
WASHINGTON (Reuters) - The White House plans to release its budget proposal for fiscal 2019 on Feb. 12, a spokeswoman for the Office of Management and Budget said on Wednesday.Reporting by Roberta Rampton; Editing by Jonathan Oatis Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accur...Read More
ML Gold (TSXV:MLG) CEO Andrew Bowering and President Adrian Smith enumerate the reasons why investors should be looking at the Stars Project.Read full newsRead More
* Macron calls for "global compact" to harness globalisation* Merkel evokes world wars and asks: have we learned the lesson?* Italy PM says there are limits to the pursuit of national aims* Speeches in Davos come day before President Trump arrives By Noah Barkinand Yara BayoumyDAVOS, Switzerland, Jan 24 (Reuters) - European leaders warned at the World Economic Forum in Davos on Wednesda...Read More
Macarthur Minerals Limited (TSXV:MMS) (the "Company" or "Macarthur Minerals") is pleased to announce the appointment of Andrew Haythorpe as Technical Adviser to support the development of the Company's hard rock lithium and gold projects in Western Australia and lithium brine project in Nevada, USA.Read full newsRead More
Paris La D?(C)fense, January 24, 2018 - Today, copper is at the core of a series of initiatives that are driving the world's sustainable growth. In addition to being a key component in many electrical applications including turbines, renewable power generators, inverters and transformers, copper remains the critical raw material for efficient and reliable cable technologies essential for the futu...Read More
Paris La D?(C)fense, January 24, 2018 - Today, copper is at the core of a series of initiatives that are driving the world's sustainable growth. In addition to being a key component in many electrical applications including turbines, renewable power generators, inverters and transformers, copper remains the critical raw material for efficient and reliable cable technologies essential for the futu...Read More
(Kitco News) - The rally behind gold prices is targeting “a major band of resistance between $1,357 and $1,380,” said head of commodity strategy at Saxo Bank Ole Hansen, adding that if breached, gold could climb above $1,450.The environment looks bullish for gold, mainly due to inflation expectations, a weak U.S. dollar, overall commodity price trends as well as geopolitical and financ...Read More
(Kitco News) - The rally behind gold prices is targeting “a major band of resistance between $1,357 and $1,380,” said head of commodity strategy at Saxo Bank Ole Hansen, adding that if breached, gold could climb above $1,450.The environment looks bullish for gold, mainly due to inflation expectations, a weak U.S. dollar, overall commodity price trends as well as geopolitical and financ...Read More
Gold may be considered to be a bet against the U.S. dollar. The depreciation of the greenback supported the yellow metal in 2017. The price of gold managed to rise last year in rather unpleasant macroeconomic environment mainly thanks to the weakness of the U.S. dollar. Now, the key question is whether the bearish trend in the greenback will continue or we will see a trend reversal (or actually a...Read More
Saskatoon, Saskatchewan - K+S Potash Canada GP (KSPC) is honoured to be named one of Saskatchewan's Top Employers for the fifth year in a row. This designation follows KSPC being named one of Canada's Top 100 Employers for 2018 in November."K+S Potash Canada is honoured to be recognized as one of the Top Employers both provincially and nationally," said Dr. Ulrich Lamp, President and CEO of KSPC....Read More
Saskatoon, Saskatchewan - K+S Potash Canada GP (KSPC) is honoured to be named one of Saskatchewan's Top Employers for the fifth year in a row. This designation follows KSPC being named one of Canada's Top 100 Employers for 2018 in November."K+S Potash Canada is honoured to be recognized as one of the Top Employers both provincially and nationally," said Dr. Ulrich Lamp, President and CEO of KSPC....Read More
The takeover triangle between Sky PLC (LON:SKY), Rupert Murdoch's 21st Century Fox (NASDAQ:FOXA) and The Walt Disney Company (NYSE:DIS) is likely to be in focus once again when Sky reports its second quarter update on Thursday.The Competition and Markets Authority provisionally rejected Fox's ?11.7bn takeover bid for the UK broadcaster on Tuesday, saying the Murdochs would have too much control o...Read More