Canyon Copper Corp. ('Canyon') (TSX-V: CNC) is pleased to announce that the Company commenced the planned diamond drilling program on Canyon's Bootleg Lake project on February 19, 2018.Read full newsRead More
(Widens distribution)MELBOURNE, Feb 27 (Reuters) - Miners in northwest Papua New Guinea reported some damage to infrastructure following a powerful magnitude 7.5 earthquake on the weekend, as projects in the resource-rich region assess the impact on their operations.Barrick Gold Corp said a power station that supplies its Porgera gold mine had been damaged, while Ok Tedi Mining Ltd said a landsli...Read More
(Corrects time of quake to early Monday, paragraphs 1, 3; fixes typographical error, paragraph 4)MELBOURNE, Feb 27 (Reuters) - Miners in northwest Papua New Guinea reported some damage to infrastructure following a powerful magnitude 7.5 earthquake that hit on Monday, as projects in the resource-rich region assess the impact on their operations.Barrick Gold Corp said a power station that supplies...Read More
Feb 27 (Reuters) - For other diaries, please see:Top Economic Events Emerging Markets Economic Events Government Debt Auctions Political and General News U.S. Federal Reserve Today in Washington DATE COUNTRY AUCTION DETAILS 27-FebJapan Auction of 2-year government bonds 27-FebItaly Medium-long term auction 27-FebBelgium Auction of Treasury bills 28-FebGermany Auction of 10-year Federal bonds 28-Fe...Read More
Feb 27 (Reuters) - For other diaries, please see:Top Economic Events Emerging Markets Economic Events Government Debt Auctions Political and General News U.S. Federal Reserve Today in Washington -----------------------------------------------------------This Diary is filed daily. ** Indicates new events -----------------------------------------------------------TUESDAY, FEBRUARY 27 ** NEW DELHI -I...Read More
LONDON, Feb 27 (Reuters) - Sales expectations among small and medium-sized British factories hit an almost three-year high last month, boosted by a strong global economy, adding to positive signals from the manufacturing sector, a survey showed on Tuesday.Some 72 percent of manufacturers expect sales to increase over the next six months, up from 59 percent three months ago, according to the quarte...Read More
Feb 27 (Reuters) -For other diaries, please see:Top Economic Events Emerging Markets Economic Events Government Debt Auctions Political and General News U.S. Federal Reserve Today in Washington -----------------------------------------------------------This Diary is filed daily. ** Indicates new events ----------------------------------------------------------- TUESDAY, FEBRUARY 27 ** WELLINGTON...Read More
The other top-gaining mining stocks on the TSX last week were Brio Gold, Hudbay Minerals, Leagold Mining and Coro Mining.Read full newsRead More
(Recasts with peso losses)By Sheky EspejoMEXICO CITY, Feb 26 (Reuters) - Mexico's peso sank on Monday, hurt by worries over the future of the country's free trade deal with the United States, while Chilean equities fell on losses in a lithium miner and the forestry sector.The Mexican pesoshed 0.8 percent as renewed signs of tension between Mexico and U.S. President Donald Trump over his planned bo...Read More
Although trading well off of highs achieved earlier in the trading session, gold is moderately higher as traders await Jerome Powell’s first testimony to the House and Senate committees this week.As of 3:45 PM Eastern standard time, gold futures (April Comex contract) are trading up $4.50 (+0.34%) at $1,334 80. Gold traded to $1,342.90 overseas last night but has softened as a strong risk-on...Read More
Although trading well off of highs achieved earlier in the trading session, gold is moderately higher as traders await Jerome Powell’s first testimony to the House and Senate committees this week.As of 3:45 PM Eastern standard time, gold futures (April Comex contract) are trading up $4.50 (+0.34%) at $1,334 80. Gold traded to $1,342.90 overseas last night but has softened as a strong risk-on...Read More
(Kitco News) - Gold investors should not be disappointed this year, as the yellow metal is doing exactly what it is supposed to, which is to serve as a portfolio hedge, said BlackRock’s investment strategist.“Gold as a portfolio hedge and as hedge in terms of signs of stress is doing exactly as advertised. It's delivering that diversification benefit, and it has done that, especially t...Read More
(Kitco News) - Gold investors should not be disappointed this year, as the yellow metal is doing exactly what it is supposed to, which is to serve as a portfolio hedge, said BlackRock’s investment strategist.“Gold as a portfolio hedge and as hedge in terms of signs of stress is doing exactly as advertised. It's delivering that diversification benefit, and it has done that, especially t...Read More
Almost exactly two years ago, the Venezuelan government signed a decree creating the Mining Arc of the Orinoco River National Development Strategic Zone, a project that outlined a 111,843 Sq.Km concession area (12.2 per cent of the country's landmass) for mining gold, diamond, iron ore, copper, bauxite, coltan, among other resources.Twenty-four months later, environmentalists say that the idea of...Read More
Almost exactly two years ago, the Venezuelan government signed a decree creating the Mining Arc of the Orinoco River National Development Strategic Zone, a project that outlined a 111,843 Sq.Km concession area (12.2 per cent of the country's landmass) for mining gold, diamond, iron ore, copper, bauxite, coltan, among other resources.Twenty-four months later, environmentalists say that the idea of...Read More
Almost exactly two years ago, the Venezuelan government signed a decree creating the Mining Arc of the Orinoco River National Development Strategic Zone, a project that outlined a 111,843 Sq.Km concession area (12.2 per cent of the country's landmass) for mining gold, diamond, iron ore, copper, bauxite, coltan, among other resources.Twenty-four months later, environmentalists say that the idea of...Read More
Almost exactly two years ago, the Venezuelan government signed a decree creating the Mining Arc of the Orinoco River National Development Strategic Zone, a project that outlined a 111,843 Sq.Km concession area (12.2 per cent of the country's landmass) for mining gold, diamond, iron ore, copper, bauxite, coltan, among other resources.Twenty-four months later, environmentalists say that the idea of...Read More
(Adds company filed notice of appeal)By Michael O'Boyle and Christine MurrayMEXICO CITY, Feb 26 (Reuters) - Mexico's securities regulator has imposed one of its biggest fines ever for market manipulation on steel company Industrias CH, owned by billionaire Rufino Vigil Gonzalez, government data showed.Industrias CH was fined 2.96 million pesos ($159,764) at the end of November for making "pr...Read More
(Adds context, background)By Carolina MandlSAO PAULO, Feb 26 (Reuters) - Brazilian healthcare insurer Notre Dame Interm?(C)dica Participa???ues SA filed for an initial public offering on the Sao Paulo stock exchange on Monday, according to documents filed with Brazil's securities regulator CVM.The offering will have a primary portion, in which the company will issue new shares, and a secondary po...Read More
HOLLYWOOD, Fla., Feb 26 (Reuters) - FMC Corp is planning a $500 million initial public offering of a stake in its lithium business on the New York Stock Exchange this fall, its chief financial officer said on Monday, an avenue for investors to gain exposure to the booming electric vehicle market. U.S.-based FMC, which is primarily a pesticides maker, is planning to sell off around 15 percent of it...Read More