SHANGHAI, Feb 2 (SMM) –Copper: A stronger Chinese yuan, a lower SHFE/LME price ratio, and tighter funds ahead of Chinese New Year led us to expect a rangebound trading for the SHFE copper contract. We see support at 52,500-53,000 yuan/mt today while LME copper may trade at $7,080-7,140/mt. Spot discounts are seen at 100-40 yuan/mt today with reluctant sellers. Aluminium: LME aluminium...Read More
Germany approves electronic ankle bracelets to monitor extremists Germany’s cabinet has approved a measure aimed at tracking individuals who might pose a terrorism threat. The monitoring device can be used even if an individual hasn’t been convicted. -DBSo now Germany is punishing people who haven't been convicted of anything. This is part of a larger cultural problem that Germany ha...Read More
Germany approves electronic ankle bracelets to monitor extremists Germany’s cabinet has approved a measure aimed at tracking individuals who might pose a terrorism threat. The monitoring device can be used even if an individual hasn’t been convicted. -DBSo now Germany is punishing people who haven't been convicted of anything. This is part of a larger cultural problem that Germany ha...Read More
Here's a list of famous people and their mentors:MENTEE/MENTORS - DESCRIPTION1. Steve Jobs/Robert Friedland - Founded Apple...2. Albert Einstein/Max Talmey - Developed the Theory of Relativity...3. Stephen Hawkings/Dennis W. Sciama - Developed Theories of Black Holes and Quantum Physics...4. Mark Zuckerberg/Steve Jobs - Created Facebook...5. Bill Gates/Ed Roberts - Created Microsoft...6. Bruce Lee...Read More
Stateside (released as Sinners in Germany) is a 2004 American romantic drama film based on a true story. It is an adventurous love story about a high school rich kid serving in the Marine Corps to avoid jail, who eventually falls in love with an actress with schizophrenia. Those around them ask them to keep their distance from each other, but both refuse. The film is based on a true story.The film...Read More
Speaking with the Investing News Network (INN) at this year's Vancouver Resource Investment Conference (VRIC), John Kaiser of Kaiser Research shared his thoughts on the junior resource sector under a Trump presidency, while making a strong case for scandium and explaining what investors should know about the metal.In terms of the junior resource sector, Kaiser said there's a lot of uncertainty abo...Read More
Nighthawk CEO Mike Byron Pitches Colomac Gold to Analyst Joe Mazumdar https://www.explorationinsights.com/About Nighthawk* Nighthawk is a Canadian-based exploration company focused on acquiring and developing gold mineral properties in the Northwest Territories. Including the mineral claims and leases of the Colomac Gold Project, Nighthawk's Indin Lake Gold Property comprises a total land package...Read More
Mariana Resources Ltd is an AIM (MARL) and TSXV (MRA) quoted exploration and development company with an extensive portfolio of gold, silver and copper projects in South America and Turkey. Mariana's most advanced asset is the Hot Maden gold-copper project in north east Turkey, which is a joint venture with its Turkish JV partner Lidya (30% Mariana and 70% Lidya) and rapidly advancing to developme...Read More
Rainbow Field, Director of International Legal Services, at Bowmans in Kenya. Kenya's new Mining Act is the first major revision in mining law in the country since the 1940s. The new Act is largely considered to be a modern piece of legislation that is clear in terms of timelines and structures, but that still has a few challenges that need to be addressed.The Act requires the establishment of...Read More
After four-plus years of declines, 2016 was a comeback year for the mining industry - with only a couple of exceptions, energy, metal and mineral prices rallied strongly last year.The turnaround in the sector has convinced at least one private equity firm that it may be time to lock in some profits. Reuters reports the Orion Mine Finance Group is in talks to sell a portfolio of 87 royalty, stream...Read More
Vancouver, British Columbia: Trevali Mining Corporation ("Trevali" or the "Company") (TSX: TV; BVL: TV; OTCQX: TREVF; Frankfurt: 4TI) announces a new investment in the future of its Caribou Zinc Mine, located in the Bathurst Mining Camp of northeastern New Brunswick, Canada, through the decision to transition to an owner-operated model that will include procurement of a new underground mining flee...Read More
Los Bronces copper mine in Chile. (Image courtesy of Anglo American | Flickr.)Global miners, particularly Canadians, are showing increasing signs of optimism as commodity prices are on the rise, shallow growth is returning to different end markets, and most are in better cost positions than in the recent past, the annual "Tracking the Trends" report by Deloitte released Wednesday shows.However ch...Read More
About 2,500 workers at BHP Billiton's Escondida mine in Chile, the world's biggest copper operation, voted late Tuesday to reject a company wage offer and opted instead to go on strike.The walk out could begin as early as Friday, a union representative told Diario Financiero (in Spanish), but it'd likely be deferred for a five-day government mediation to attempt a resolution.Miners have accused BH...Read More
* Gauge of stocks around the world snaps 4-day fall* Strong U.S. payrolls report boosts dollar, Treasury yields* Dollar rises after worst January in 30 years* Oil rises as OPEC, Russia deliver on supply cuts (Updates to U.S. market open, adds data, quote, changes dateline, previous LONDON)By Dion RabouinNEW YORK, Feb 1 (Reuters) - Stocks moved higher around the globe and the U.S. dollar rose along...Read More
* Dollar pares losses after worst year start in 3 decades* Dollar steadies after slump on U.S. devaluation complaint* Fed seen on hold amid much policy uncertainty* European shares climb as risk appetite creeps back* Apple stock up 3 pct after bell on strong iPhone salesBy Marc JonesLONDON, Feb 1 (Reuters) - World stocks made their first gain in five days on Wednesday as the dollar steadied from t...Read More
Investing.com - Gold prices were little changed in European morning trade on Wednesday, holding near the prior session's one-week high as market players looked ahead to the outcome of the Federal Reserve's policy meeting for further clues on the timing of the next rate hike.Gold for April delivery on the Comex division of the New York Mercantile Exchange dipped $1.00, or around 0.1%, to $1,210.35...Read More
(Adds futures, company news items)Feb 1 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 34 points higher at 7,134 on Wednesday, according to financial bookmakers, with futures FFIc1 up 0.4 percent ahead of the cash market open.* The UK blue chip index closed down 0.3 percent on Tuesday at 7,099.15. European shares ended January marginally lower after falling to a one-week low on Tuesday...Read More
Feb 1 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 34 points higher at 7,134 on Wednesday, according to financial bookmakers.* The UK blue chip index closed down 0.3 percent on Tuesday at 7,099.15. European shares ended January marginally lower after falling to a one-week low on Tuesday, as investors turned more realistic about U.S. President Donald Trump's policies, even though soli...Read More
Zinc was the best-performing LME metal last year, and many market participants are optimistic about its prospects. That said, the Investing News Network caught up with Brien Lundin, CEO of Jefferson Financial, at this year's Vancouver Resources Investment Conference (VRIC), to get more insight on the base metal.Lundin shared his thoughts on what could impact prices saying that he could easily see...Read More
A cluster of ghostly hand- and footprints on a mountain north of Lhasa offers evidence that humans scratched out a permanent existence in the thin air of Tibet much earlier than commonly thought, according to a new study. Some locals believe the prints, pressed into an ancient slab of limestone located 14,000 feet above sea level near the present-day village of Chusang, were left behind by mythi...Read More