(Kitco News) - The current U.S. dollar’s plunge is temporary, says Capital Economics, noting that a recovery is on its way, but warning that the currency might face renewed pressure in 2019.The Fed’s plan to tighten its monetary policy this year will be the main underlying factor supporting the greenback, John Higgins, chief markets economist at Capital Economics, said in a note on Mon...Read More

(Kitco News) - The current U.S. dollar’s plunge is temporary, says Capital Economics, noting that a recovery is on its way, but warning that the currency might face renewed pressure in 2019.The Fed’s plan to tighten its monetary policy this year will be the main underlying factor supporting the greenback, John Higgins, chief markets economist at Capital Economics, said in a note on Mon...Read More

(Adds background, CEO commentary)Jan 16 (Reuters) - Auckland International Airport said on Tuesday it would sell its stake in North Queensland Airports (NQA) to existing investors for A$370 million ($294.82 million), as it looks to focus on its domestic business.Perron Investments and The Infrastructure Fund have already agreed to buy all of Auckland Airport's 24.6 percent stake in NQA, the compa...Read More

Angkor Gold Corp. (TSXV:ANK,OTCPINK:ANKOF) ('Angkor' or 'the Company') CEO Mike Weeks is pleased to announce an additional diamond drill and regional exploration program at Halo on Angkor's Oyadao South license, in conjunction with its exploration partner, Japan Oil, Gas and Metals National Corporation ('JOGMEC').Read full newsRead More

Brixton Metals Corporation (TSXV:BBB) is pleased to provide an update on its Hog Heaven project data review and project development plans.Read full newsRead More

LJUBLJANA, Jan 15 (Reuters) - Slovenian tax inflows reached 15.5 billion euros ($19 billion) in 2017 compared with 14.6 billion a year before according to preliminary figures, Slovenia's Financial Administration, in charge of tax collection, said on Monday.The collected taxes on companies' income rose by 27.8 percent while the collected value-added-tax was 6.8 percent higher, the administration sa...Read More

Jan 16 (Reuters) - Global miner Rio Tinto, on Tuesday reported a 1 percent rise in iron ore shipments for 2017 to 330.1 million tonnes, meeting its guidance.The world's no. 2 miner of iron ore, a raw material in steelmaking, also stuck to a target of 330-340 million tonnes for this year, but cautioned the guidance was subject to weather constraints and partly reflected rail maintenance required in...Read More

(Adds comments on Brexit)By David MillikenLONDON, Jan 15 (Reuters) - The Bank of England probably has "ample time" before it needs to consider raising interest rates again after its first hike in more than a decade in November, BoE policymaker Silvana Tenreyro said on Monday.Tenreyro said she felt comfortable at last month's rate-setting meeting to keep on monitoring the impact of the 2...Read More

Tom Becker, chief executive of Iofina plc (LON:IOF), tells Proactive their new IO#7 IOsorb plant is nearly complete and should be online next month.Chatting to Andrew Scott the iodine extractor confirmed that crystalline iodine production in the second half of 2017 exceeded expectations, clocking in at 267.5 tonnes, versus 216.6 tonnes in the same period of 2016.  Meet Netscientific PLC, disc...Read More

Carillion, a major British construction company which employs 43,000 people around the world, collapsed on Monday after rescue talks with stakeholders including the British government failed to yield a bailout.Read full newsRead More

By Jonathan Stempel and Matt ScuffhamNEW YORK/TORONTO, Jan 15 (Reuters) - Nine large banks, including six from Canada, have been accused in a lawsuit of conspiring to rig a Canadian rate benchmark to improve profits from derivatives trading.The complaint, filed by a Colorado pension fund in U.S. District Court in Manhattan late on Friday, accused Royal Bank of Canada , Toronto-Dominion Bank , Bank...Read More

Steve Curtis, chief executive of Caledonia Mining Corporation PLC (LON:CMCL TSX:CAL) tells Proactive's Andrew Scott they racked up another record quarter at the Blanket mine.Production at the 49% owned mine totalled 16,425 ounces of gold in the three months to December, 14% more than the previous quarter and 21% higher than a year ago.For 2017 in total, production was 11% higher than the previous...Read More

LONDON, Jan 15 (Reuters) - Wage growth alone is too crude a gauge to judge when the Bank of England should next raise interest rates, and instead the central bank needs to consider productivity trends and other factors, BoE policymaker Silvana Tenreyro said on Monday.Tenreyro, speaking after a lecture at Queen Mary University of London, also said there were "huge" problems measuring the...Read More

BUCHAREST, Jan 15 (Reuters) - Romania's Prime Minister Mihai Tudose resigned on Monday, after his ruling Social Democrat Party (PSD) leaders withdrew political backing for him in an overwhelming vote, the second premier to be ousted by his party in less than seven months."The vote was overwhelming, to dismiss Prime Minister Tudose," one member of the PSD's leadership told Reuters by tele...Read More

(Kitco News)- McEwen mining saw total gold and silver production growby 4.7% in 2017, a year described by CEO Rob McEwen as one of growth andacquisition.Image courtsey of McEwening Mining: Black Fox MineMonday, in its fourth-quarter and full year production report,McEwen Mining (NYSE: MUX, TSX: MUX) said it produced 109,947 ounces of gold in 2017, in line withcompany guidelines and up from 101,481...Read More

(Corrects typo in "scheduling" in paragraph 6)By JanWolfeJan 11 (Reuters) - Tivo Corp has again sued cable operator Comcast Corp of using its patented interactive programming technology without authorization, the latest salvo in the companies' long-running royalty dispute.Tivo filed lawsuits in Boston and Los Angeles on Wednesday, saying Comcast's X1 video recording system infringed on...Read More

Investors struggled to find buying opportunities after the collapse of British construction and support services company Carillion on Monday, underscoring how risks have piled up for the whole industry.Calculating the implications of one of the biggest UK corporate failures of recent years is a challenge because of the wide scope of Carillion's operations. Companies from Serco to Interserve, Balfo...Read More

With US markets closed for holiday, it has been a quiet European session, with Asia similarly subdued, while continued USD weakness, now in its 4th consecutive day, has been the main focus as Bloomberg's dollar index approached its lowest level in three years.Read full newsRead More

Susan TaylorTORONTO, Jan 15 (Reuters) - RNC Minerals is in talks with commodity traders, mine operators and financiers to help secure $1 billion to build the world’s biggest nickel and cobalt project next year, the Canadian miner said.A global battery boom, driven by growing demand for electric cars, is pushing prices higher for such key ingredients as nickel and cobalt and encouraging miner...Read More

Philip Blenkinsop, Noah BarkinBRUSSELS (Reuters) - The European Union’s trade tsar has no idea what Donald Trump will tell his audience at the World Economic Forum in Davos next week, but she is clear what the EU’s message to the U.S. president will be.America is shooting itself in the foot by withdrawing from global leadership on trade, Cecilia Malmstrom, the 49-year-old Swede who has...Read More