Scientists Have Announced a Plan to ‘Refreeze’ the Arctic … Desperate times call for desperate measures, and with temperatures near the North Pole hitting an unheard-of 20 ?C (36 ?F) warmer than average last year, things in the Arctic are undeniably grim right now. But rather than sit by and watch as the sea ice disappears from the region at an unprecedented rate, scientists have...Read More
Yellen defends independence of Federal Reserve … Federal Reserve Board Chair Janet L. Yellen defended the central bank's independence Wednesday from Republican lawmakers pushing for major changes in how the Fed operates and how regulators oversee the nation's banking system.The Federal Reserve is not independent and never has been. It is part of the Bank for International Settlements for on...Read More
Monopolies Are Worse Than We Thought … Economists are increasingly turning their attention to the problem of monopoly. This doesn't mean literal monopoly, like when one utility company provides all the power in a city. It refers to market concentration in general — when an industry goes from having 20 players to having only 10, or when the four biggest companies in an industry start ta...Read More
Scientists Have Announced a Plan to ‘Refreeze’ the Arctic … Desperate times call for desperate measures, and with temperatures near the North Pole hitting an unheard-of 20 ?C (36 ?F) warmer than average last year, things in the Arctic are undeniably grim right now. But rather than sit by and watch as the sea ice disappears from the region at an unprecedented rate, scientists have...Read More
Yellen defends independence of Federal Reserve … Federal Reserve Board Chair Janet L. Yellen defended the central bank's independence Wednesday from Republican lawmakers pushing for major changes in how the Fed operates and how regulators oversee the nation's banking system.The Federal Reserve is not independent and never has been. It is part of the Bank for International Settlements for on...Read More
Brazil's Vale (NYSE:VALE) is said to be looking for a buyer for its four fertilizer plants, located in the southeastern city of Cubat??o, which were not included in a $2.5 billion deal inked last year with US-based Mosaic Co, the No.1 producer of phosphate fertilizer.The assets include four plants producing phosphate-based, ammonia and nitrogen byproducts.The reworked plan follows a decision by No...Read More
A new report by SNL Metals and Mining on exploration spending by the largest mining companies, documents the shifting sands in the mining industry last year as the sector began to turn around.SNL, part of S&P Global, notes that larger players allocated a total of nearly $2.2 billion for non-ferrous exploration during the year. Companies with the 20 largest exploration budgets in 2016 accounted for...Read More
Canada's largest diversified miner Teck Resources (TSX: TCK.A, TCK.B) (NYSE:TCK) reported Wednesday a net profit of $697 million for the fourth quarter of 2016, a welcomed turnaround from the year-ago loss, when it recorded one-time charges of C$536 million.The miner benefitted from higher coking coal prices, which climbed 155.5% to $207 in the quarter.The Vancouver-based company, North Ameri...Read More
Shares in Canadian miner Northern Dynasty Minerals (TSX:NDM) fell Tuesday as much as 40% in Toronto after a short-seller's report said its Pebble copper-gold project in Alaska was "worthless."While the Vancouver-based miner said the report from Kerrisdale Capital of New York was full of inaccuracies, the stock barely recovered, closing 22% down at Cdn$3.25and it was still suffering Wednesday morn...Read More
* Yellen warns of waiting too long to raise rates* Record-setting Wall Street sets tone* Dollar on its best run since May 2012By Jamie McGeeverLONDON, Feb 15 (Reuters) - World stocks hit 21-month peaks on Wednesday and the dollar rose for the 11th straight day, after Federal Reserve Chair Janet Yellen flagged a possible interest rate rise next month during upbeat comments on the U.S. economy.The d...Read More
Investing.com - Gold prices were little changed in European morning trade on Wednesday, as investors looked ahead to a batch of U.S. economic data and more comments from Federal Reserve Chair Janet Yellen for further clues on the pace of the central bank's interest rate increases.Gold for April delivery on the Comex division of the New York Mercantile Exchange inched up $1.65, or about 0.2%, to $1...Read More
(Adds companies items)Feb 15 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 26 points at 7294 on Wednesday, according to financial bookmakers, with futures FFIc1 up 0.35 percent ahead of the cash market open.* The blue chip FTSE 100 .FTSE index ended slightly lower on Tuesday at 7,268.56, pausing after a five-day winning streak as Rolls-Royce RR.L tumbled after reporting a record lo...Read More
Feb 15 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up 26 points at 7294 on Wednesday, according to financial bookmakers.* The blue chip FTSE 100 .FTSE index ended slightly lower on Tuesday at 7,268.56, pausing after a five-day winning streak as Rolls-Royce RR.L tumbled after reporting a record loss. IAG: British Airways ICAG.L cabin crew members working for the carrier's mixed fleet...Read More
The following factors are likely to influence Malaysian palm oil futures and other vegetable oil markets.FUNDAMENTALS* Malaysian palm oil futures came off near three-month lows to trade higher on Tuesday evening on concerns about a decline in February production, traders say. POI/* U.S. soybean futures fell to a six-day low on Tuesday, pressured by the rapidly advancing harvest of a record crop in...Read More
Description This Metals Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved. For industry participants and advisors who want to look at the trends, risks and issues surrounding this topic, this report gives you an expert point of view to help inform your decision making. Our analysts are based in the markets they analyse and work with...Read More
THE CHAIR OF THE FEDERAL RESERVE JUST FACT-SHAMED DONALD TRUMP … Janet Yellen reveals the president has no idea what he's talking about when it comes to Dodd-Frank. Yellen doesn't have time for this amateur-hour presidency. – Vanity FairAccording to Vanity Fair the "incredible" businessman Donald Trump doesn’t understand much about how the dollar or the larger economy.He had ques...Read More
Global Effort Launched to "Repeal and Replace" United Nations … A global effort dubbed "Covenant of Democratic Nations" is working to abolish the United Nations, widely ridiculed as the "dictators club," and replace it with an international forum open exclusively to free and democratic nations. -New AmericanThe Covenant of Democratic Nations is a replacement for a United Nations that is dy...Read More
Jay Taylor talks about some of the junior gold miners that he likes and gives details why he believe they have value. Miningstocks.comRead More
There's been relatively little gold exploration in the last few years, but John Kaiser of Kaiser Research believes that may be set to change. "I think we're going to see a shift back to discovery exploration as opposed to simply feasibility demonstration," he says in the video above.If that happens, there will be plenty of opportunities for investors to profit. But which gold exploration companies...Read More