* U.S. stocks mostly up after trade war worry selloff* Fed's Powell repeats case for gradual rate hikes* Euro stays lower against dollar after comments by ECB's Draghi (Updates with late-morning U.S. markets activity, changes byline, dateline, previous LONDON)By Caroline ValetkevitchNEW YORK, June 20 (Reuters) - Stocks on world markets edged higher on Wednesday, recovering from a recent selloff on...Read More
Investing.com - Gold prices were steady at a six-month low on Wednesday, as the greenback rose and trade tensions waned.Comex gold futures for August delivery were down 0.20% to $1,276.10 a troy ounce as of 10:38 AM ET (14:38 GMT).Trade tensions between the U.S. and China eased but still remained on the back of investors minds, as the two largest economies in the world faced a tit-for-tat over tra...Read More
(Adds details on arrests)By Sudarshan VaradhanTHOOTHUKUDI, India, June 20 (Reuters) - Vedanta Ltd VDAN.NS said on Wednesday a sulphuric acid leak from a tank at its southern Indian copper smelter was severe and inaction could lead to serious environmental consequences.The district administration had said on Sunday the leak at the plant in the seaside town of Thoothukudi was minor, and steps were b...Read More
* MSCI World index snaps 5-day losing streak as Asia bounces* China markets reverse losses on indications of policy support* European shares higher, futures signal Wall Street will rise* Tentative gains on emerging currencies, stocks(Updates prices, adds chart)By Sujata RaoLONDON, June 20 (Reuters) - World stocks steadied near three-week lows on Wednesday and Chinese markets bounced after recent s...Read More
By Sudarshan VaradhanTHOOTHUKUDI, India, June 20 (Reuters) - Vedanta Ltd VDAN.NS said on Wednesday a sulphuric acid leak from a tank at its southern Indian copper smelter was severe and inaction could lead to serious environmental consequences.The district administration had said on Sunday the leak was minor, and steps were being taken to empty the storage tanks as a safety precaution. is a severe...Read More
(For a live blog on European stocks, type LIVE/ in an Eikon news window)* FTSE 100 up 1 pct, mid caps up 0.8 pct* Brexit talk concerns send pound to 7-month low* Berkeley falls after warning on profit slump* Miners provide support as metal price riseBy Danilo MasoniMILAN, June 20 (Reuters) - The UK's top share index rose on Wednesday in a broad-based rebound in Europe as immediate worries over the...Read More
(Adds company news items and futures)June 20 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 15 points higher at 7,619 on Wednesday, according to financial bookmakers, with futures FFIc1 up 0.66 percent ahead of the cash market open.* BERKELEY: London-focussed builder Berkeley BKGH.L posted a better-than-expected 15 percent rise in pretax profit to 935 million pounds ($1.23 billion) but...Read More
Jun 20 (Reuters) - Below are the ratings awarded by Credit Rating Information Service of India ( CRISIL (NS:CRSL)) for local debt instruments as of June 19, 2018. COMPANYINSTRUMENTRATINGAMOUNT MOVEMENT(RS.MLN) --------------------------- --------- SHORT TERM RATINGS: ------------------- Aaditya ConstructionBGCRISIL A4108Migrated (Issuer Not Cooperating) Acute DesignsBGCRISIL A480Reaffirmed Anjana...Read More
SHANGHAI, Jun 21 (SMM) – SHFE nickel outperformed its nonferrous counterparts on Thursday June 21 with a gain of 1.7%. Tin inched up 0.19% and aluminium nudged up 0.04%. Copper dipped 0.12%, zinc and lead lost 0.60% and 0.68%, respectively.The ferrous complex saw mixed trading. Coke jumped 1.3%, iron ore edged up 0.22% while hot-rolled coil dipped 0.18% and rebar los...Read More
The company, which changed its name last month from Canada Zinc Metals, now plans to move the project through feasibility, permitting and towards production.Read More
It comes after Mineral Resources yesterday said it would not make a counterproposal to the A4.2c per share offer lobbed by Hancock subsidiary Redstone Corporation on Monday.The board of Atlas this morning withdrew its recommendation of the MinRes one-for-571 scrip offer, first announced in April.Shortly after, MinRes formally terminated the scheme implementation deed.Atlas will have to pay MinRes...Read More
But it has had to pay up big, forcing the 2015 BHP spin-off to mount a defence against suggestions that emboldened by its building cash on hand position of US$2.8 billion, it is paying too much for Hermosa.Read More
SHANGHAI, Jun 21 (SMM) – China is likely to implement a three-year initiative to “make skies blue again”, Zhao Yingmin, vice-minister of the Ministry of Ecology and Environment (MEE) said at a state policy briefing on Wednesday June 20.The initiative aims to sharply lower levels of PM2.5 in three years, reduce the number of heavy-polluted days and improve air quality. K...Read More
Bullion was trading at US$1,262 an ounce on the spot market at the time of writing, about $13/oz lower than this time yesterday.Australian investors were undaunted, with gold miners in the benchmark S&P/ASX200 index all in positive territory in midday trade.Producer Saracen Mineral Holdings (ASX: SAR) was up 6.05% earlier and trading around a 52-week high.In Toronto, the S&P/TSX Composite...Read More
SHANGHAI, Jun 21 (SMM) –Copper: An increase of 14,000 mt in LME inventory suppressed LME copper to a low of $6,774/mt overnight after it hit a high of $6,867/mt. It rebounded slightly to the $6,800/mt level before it closed. The SHFE 1808 contract touched a low of 51,470 yuan/mt but found support at the 60-day moving average and closed at 51,680 yuan/mt. LME copper sees support at the $6,800...Read More
"Mineral development will lead economic development and infrastructure development in the north," Natural Resources Canada assistant deputy minister Glenn Mason told this week's Resources for Future Generations conference in Vancouver.Read More
The first longstop date was originally April 20 and was the date all conditions precedent to completing a strategic agreement were to be satisfied.Under the September deal, Centerra was to pay close to US$60 million into government-administered environmental and health funds, in return for an end to existing arbitration, and guarantees of no future blocks on money transfers plus free movement...Read More
June 19, 2018 - Nevada Copper Corp. (TSX: NCU) ("Nevada Copper" or the "Company") is pleased to provide an operations and drill results update regarding the Underground and Open Pit projects at its 100%-owned, fully-permitted Pumpkin Hollow Project in Nevada.HighlightsEarly Underground construction works ramping up:Early construction works continue to ramp-up at the Pumpkin Hollow Underground pro...Read More
The United States has twice as many operating mines owned by publicly-traded companies than any other country, according to data from Mining Intelligence.As of this month there are 845 operating mines in the U.S., giving it 20% of the world's total.Russia is second with 408. Canada ranked eighth with just 167 operating mines.Mines considered in the survey had the following criteria:Mines are owned...Read More