BUENOS AIRES, Jan 16 (Reuters) - Argentina's central bank cut interest rates to 27.24 percent from 28.75 percent on its short-term securities on Tuesday in its monthly auction, a move that was in line with market expectations after a recent change in inflation goals.The monetary authority sold 352.804 billion pesos ($18.667 billion) in Lebac securities. (Reporting by Walter Bianchi; Editing by Lis...Read More
MGX Minerals (CSE: XMG) and Highbury Energy have partnered to prepare a detailed process to extract metals such as nickel, vanadium, and cobalt from petroleum coke.According to a press release, Highbury's experts in thermochemical gasification are assisting MGX in designing a process to generate hydrogen gas and concentrate metals in the form of ash byproduct. Since petcoke is itself a carbon bypr...Read More
FTSE 100 closes lowerWall Street sees a new high, Dow Jones rises above 26,000Miners lagBitcoin, Ethereum and Ripple all shook by regulatory fears FTSE 100 closed in the red on Tuesday, with big cap miners dragging the UK's top tier index lower.Footsie closed out down around 13 points at 7,755, while the FTSE 250 gained ground - up over 44 points to 20,877.Top laggard was silver t...Read More
SYDNEY, Jan 17 (Reuters) - Bitcoin had lost a quarter of its value in early Asian trading on Wednesday as fears grew of a regulatory crackdown after reports that South Korea's finance minister said banning trading in cryptocurrencies was still an option.Bitcoin was last down 25 percent at $10,182.00 on the Luxembourg-based Bitstamp exchange. (Reporting by Wayne Cole; Editing by Sandra Maler) Disc...Read More
Mr. Derek White reportsASCOT ANNOUNCES NEW BOARD MEMBER AND GRANT OF STOCK OPTIONSAscot Resources Ltd. has appointed Don Njegovan to the Ascot board of directors effective immediately. Mr. Njegovan, currently the Vice President of New Business Development at Osisko Mining, headquartered in Toronto, Canada, brings a wealth of experience in both the banking and mining sectors with senior roles held...Read More
Mr. Derek White reportsASCOT ANNOUNCES NEW BOARD MEMBER AND GRANT OF STOCK OPTIONSAscot Resources Ltd. has appointed Don Njegovan to the Ascot board of directors effective immediately. Mr. Njegovan, currently the Vice President of New Business Development at Osisko Mining, headquartered in Toronto, Canada, brings a wealth of experience in both the banking and mining sectors with senior roles held...Read More
Shares in Eldorado Gold (TSX:ELD)(NYSE:EGO) were slightly up on Tuesday after the company announced full-year production that came in line with production guidance, but suspended its semi-annual dividend payment "pending the results of the technical reports and potential subsequent capital requirements."In a press release, the Vancouver-based miner revealed that, including pre-commercial productio...Read More
Shares in Eldorado Gold (TSX:ELD)(NYSE:EGO) were slightly up on Tuesday after the company announced full-year production that came in line with production guidance, but suspended its semi-annual dividend payment "pending the results of the technical reports and potential subsequent capital requirements."In a press release, the Vancouver-based miner revealed that, including pre-commercial productio...Read More
(Adds details on store openings)SAO PAULO, Jan 16 (Reuters) - Fourth-quarter gross sales at Brazilian food retailer Carrefour Brasil rose 5.3 percent from last year to 13.63 billion reais ($4.23 billion), as the sector continues to benefit from a consumer-led turnaround.In a securities filing on Tuesday, the company said gross sales for full-year 2017 jumped 7.2 percent, to 49.65 billion reais, w...Read More
Oil prices fell Tuesday, breaking a streak of gains and raising questions about whether oil's recent rally is running out of steam.Read full newsRead More
Stakeholder Gold Corp. (TSXV: SRC) ('Stakeholder Gold' or the 'Company') is pleased to announce completion of its first core drill hole on the Goldstorm property in Nevada.Read full newsRead More
Mr. Robert Willis reportsSAN MARCO CONTINUES TO DISCOVER HIGH GRADE MINERALIZATION AT CHUNIBAS; SAMPLES 6.41% COPPER AND 27.3 G/T SILVERSan Marco Resources Inc. has released further assay results from continuing fieldwork at Chunibas. As disclosed in the company's news release dated Jan. 10, 2018, newly discovered copper and silver mineralization at the company's 100-per-cent-owned Chunibas proper...Read More
Mr. Robert Willis reportsSAN MARCO CONTINUES TO DISCOVER HIGH GRADE MINERALIZATION AT CHUNIBAS; SAMPLES 6.41% COPPER AND 27.3 G/T SILVERSan Marco Resources Inc. has released further assay results from continuing fieldwork at Chunibas. As disclosed in the company's news release dated Jan. 10, 2018, newly discovered copper and silver mineralization at the company's 100-per-cent-owned Chunibas proper...Read More
(Adds details on stocks, updates prices)* TSX ends down 72.93 points, or 0.45 percent, at 16,298.88* Eight of TSX's 10 main groups end lower* Materials group down 1.2 percent, energy off 1.9 percent TORONTO, Jan 16 (Reuters) - Canada's main stock index fell on Tuesday as lower commodity prices weighed on the shares of materials and energy companies.* The Toronto Stock Exchange's S&P/TSX comp...Read More
Chinese demand for physical gold investment surged in the first three-quarters of 2017 while Americans ditched the shiny yellow metal for increased bets in the crypto mania and stock market bubble market. Even though China's Hang Seng Stock Market outperformed the Dow Jones Index last year, Chinese citizens purchased the most gold bar and coin products Q1-Q3 2017 since the same period in 2013, w...Read More
NEW YORK, Jan 16 (Reuters) - New York Stock Exchange parent Intercontinental Exchange Inc (ICE) plans to launch its fourth U.S. stock market, NYSE National, in the second quarter, according to a recent regulatory filing.NYSE National will be the 13th U.S. stock exchange and will differ from the NYSE, NYSE Arca, and NYSE American in that it will only be a trading venue and not a listing market, NYS...Read More
U.S. stocks were off to the races this morning, with the Dow topping 26,000 for the first time ever. However, the index's triple-digit gain briefly turned into a triple-digit deficit in afternoon trading, with the DJIultimately finishing just below breakeven. Concerns about a General Electric (GE) breakup and a government shutdown weighed on blue chips, overshadowing a strong day for healthcare st...Read More
With Goldman having shuttered much of its commodity front-office in recent years, it probably won't come as a big surprise that the bank has become increasingly less reliant on commodities as a profit center following repeated probes into manipulation by Goldman and other big banks, as well as organic revenue declines in the sector.Read full newsRead More
Earlier on Tuesday, the Ukrainian parliament began the second and final reading of a bill on the reintegration of DonbassRead full newsRead More
Jan 17 (Reuters) - Stock MarketsNet ChngStock MarketsNet ChngS&P/ASX 200** 6048.6 -28.5 NZX 50**8,250.54 39.17DJIA**25,792.86-10.33NIKKEI**23,951.81236.93Nasdaq**7,223.685-37.377 FTSE**7,755.93 -13.21S&P 500** 2,776.42 -9.82 Hang Seng** 31,904.75565.88SPI 200 Fut 5968.0 -26.0 STI** 3,550.21 13.80SSEC**3,437.4848 27.00 KOSPI** 2521.7418.01----------------------------------------------------...Read More