Shares in Freeport McMoRan Inc (NYSE:FCX), the world's largest listed copper miner, were suffering Friday from reports that the company may cut its operations in Indonesia as the government hasn't granted it a promised temporary permit that would allow it to resume exports of concentrate from its Grasberg mine.The stock was down 2.8% to $16.34 in New York at 10:36AM local time, though year-to-date...Read More
The US Securities and Exchange Commission (SEC) may soon change its "conflict minerals" rule, which requires companies to trace and report whether their products contain minerals from a war-torn part of Africa.The regulation, issued in 2012 under the Dodd-Frank financial overhaul law, has mainly targeted the Democratic Republic of Congo, where several armed groups are said to still have mineral-ri...Read More
* Dollar up slightly, poised for fourth week of losses* U.S. payrolls ahead of estimates, hourly earnings fall* No "Trump fatigue" in investment flows: BAML* China unexpectedly tightens policy* Broadly healthier corporate earnings help stocksBy Vikram SubhedarLONDON, Feb 3 (Reuters) - The dollar headed for its fourth straight weekly loss as stocks rose after better-than-expected U.S. payrolls data...Read More
* Dollar up slightly, poised for 4th week of losses* U.S. payrolls eyed for clues on Fed's next move on rates* No "Trump fatigue" in investment flows: BAML* China unexpectedly tightens policy* Broadly healthier corporate earnings help stocksBy Vikram SubhedarLONDON, Feb 3 (Reuters) - The dollar recovered from 12-week lows but was poised for a fourth straight weekly loss in cautious trading on Frid...Read More
By Vikram SubhedarLONDON, Feb 3 (Reuters) - The dollar recovered from 12-week lows but was poised for a fourth straight weekly loss in cautious trading on Friday ahead of U.S. payrolls data while a set of healthy corporate results underpinned gains across European equity markets.Earlier in the day, an unexpected tightening of policy by China's central bank put Asian markets, already on the back fo...Read More
Investing.com - Gold prices moved lower on Friday, as the U.S. dollar recovered from the previous session's shar losses, but the precious metal remained within close distance of a two-and-a-half month peak amid ongoing U.S. political uncertainty and ahead of a key U.S. jobs report.On the Comex division of the New York Mercantile Exchange, gold futures for April delivery were down 0.30% at $1,215.7...Read More
* Dollar rebounds after hitting mid-November low* U.S. stocks little changed after Trump trade comments* BOE keeps rates unchanged; sterling drops* European shares drop as Deutsche Bank disappoints (Updates to U.S. market close, adds quotes, data)By Dion RabouinNEW YORK, Feb 2 (Reuters) - The dollar rebounded from its weakest level against six major rivals since mid-November on Thursday, while w...Read More
* Dollar rebounds after hitting mid-November low* U.S. stocks dip after Trump trade comments* BOE keeps rates unchanged; sterling drops* European shares drop as Deutsche Bank disappoints (Updates to European market close)By Dion RabouinNEW YORK, Feb 2 (Reuters) - The dollar was flat on Thursday after hitting its lowest level since mid-November, while world equity markets were mixed as investor c...Read More
Trump to sign executive actions targeting Obama financial regulations … The president is expected to sign a pair of executive orders targeting rules imposed on the financial sector Friday, according to senior White House officials.The president has signed two executives order that will free up the ability for companies and Wall Street to function with less paperwork and regulatory reporting...Read More
Trump to sign executive actions targeting Obama financial regulations … The president is expected to sign a pair of executive orders targeting rules imposed on the financial sector Friday, according to senior White House officials.The president has signed two executives order that will free up the ability for companies and Wall Street to function with less paperwork and regulatory reporting...Read More
Max interviews Nomi Prins, author of the soon-to-be-released book, 'COLLUSION: How Central Bankers Rigged the World'. They also discuss the current market situation and how a new Fed chairman may approach a crash.Max Keiser is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT. He presents a weekly show about finance and markets on London's Resonanc...Read More
MY T-SHIRTS HERE ?-? https://www.normanfaitdesvideos.com/s...and little Facebook ?-? https://www.facebook.com/normanstore/I have a black belt in insomnia ... you? :)Thank you to my buddies Paco, Urban, David, Maxime, Blanche, Marilou and Florian!Read More
The Philippine government, which has long had an uneasy relationship with the mining industry - and one former Vancouver miner in particular - has shut down nearly two dozen operating mines.One of the companies caught in the crackdown is the Australian-Canadian company OceanaGold Corp. (TSX:OGC), which is headquartered in Australia but has a corporate office in Vancouver. The company's Didipio is...Read More
Ivanplats, a subsidiary of Ivanhoe Mines (TSX:IVN), will be allowed to relocate some graves present at its Platreef platinum group metals site, near Mokopane, after a South African judge revoked Thursday an interim interdict that prevented the company from doing so.Ivanhoe's local unit had challenged the temporary ruling, issued in November last year, on the basis that the hearing was conducted w...Read More
* Dollar hits lowest since mid-November* U.S. stocks dip on uncertain outlook from Fed* BOE keeps rates unchanged, sinking sterling* European shares drop as Deutsche Bank disappoints (Updates to U.S. market open, adds data, quotes, changes dateline, previous LONDON)By Dion RabouinNEW YORK, Feb 2 (Reuters) - The dollar fell on Thursday to its lowest since mid-November and world equity markets wer...Read More
* Dollar hits 12-week low after Fed statement lacks clarity* European stocks mixed, Wall Street seen opening lower* Bond yields fall, German-French spread in focus* Pound dips after Bank of England says rates could rise or fallBy Marc JonesLONDON, Feb 2 (Reuters) - The dollar slipped to a 12-week low on Thursday and European stocks traded cautiously after the U.S. Federal Reserve stuck to its mild...Read More
Investing.com - Gold prices gained in European morning trade on Thursday, rising toward the highest level in about 11 weeks as the U.S. dollar slumped after the Federal Reserve gave no firm signal on the timing of its next rate hike.Gold for April delivery on the Comex division of the New York Mercantile Exchange rose to a session peak of $1,219.20 a troy ounce, the most since November 17.It was l...Read More
SHANGHAI, Feb 2 (SMM) – SHFE nickel led the gains of base metals today with an over 2% rise while SHFE lead was up close to 1%. Copper increased by 0.72% and zinc was up 0.45%. Tin, however, edged down 0.6%.The ferrous complex saw coking coal jump almost 3% whereas coke was up close to 2%. Hot-rolled coil rose 1.6%, iron ore went up 1% and rebar edged up 0.51%.Copper: The SHFE 1803 copper co...Read More