Calgary, Alberta (Marketwire - January 5, 2017) - PRIZE MINING CORPORATION ("Prize" or the "Company") (TSXV:PRZ) (OTCQB: PRZFF) (MQSP:GR:FRANKFURT) announces that effective January 4th, 2018 Timothy Bergen has resigned from the Board of directors.About Prize Mining Corp.Prize is a Calgary-based junior mining issuer with offices in Calgary, Alta., and is listed on the TSX Venture Exchange. Prize...Read More
Palisade Research January 5, 2018 Category: Research Opinions can vary, but charts made from hard data don't lie. And what these charts are showing is that gold is about to break out into a newmulti-year bull market. . . Take a look for yourself. . .Number 1.This critical chart of the TSX Venture shows you the extreme gains that come after each bear market. But - what is the TSX Venture? It'...Read More
CloseGain/LossGold $1321.90+$7.00Silver$17.20+$0.06XAU87.79+0.81%HUI198.76+0.72%GDM663.40+0.37%JSE Gold1305.19-33.54USD91.87-0.31Euro120.68+0.56Yen88.70-0.27Oil$62.01+$0.3810-Year2.452%+0.012T-Bond152.34375+0.03125Dow25075.13+0.61%Nasdaq7077.92+0.18%S&P2723.99+0.40% The Metals: Gold fell $9 to $1305.90 in Asia, but it then climbed to as high as $1325.80 in New York and ended with a gain of...Read More
- Palladium prices surge to new record high over $1,100/oz today- Palladium surges past record nominal price seen in 2001 after 55% surge in 2017- Best-performing precious metal and commodity of 2017 is palladium- Palladium prices top platinum prices for first time in 16 years- Strong Chinese car demand and switch from diesel to petrol cars sees demand surge- Supply crunch as six year supply...Read More
By Chris ThomasJan 5 (Reuters) - Australian shares hit a fresh 10-year high on Friday and were set to finish the first week of 2018 in the black, as financials and mining stocks rallied on strong global cues and firm oil prices.The S&P/ASX 200 index rose as much as 0.6 percent to 6,114.4, its highest since January 2008, after closing marginally higher in the previous session.The index is on tr...Read More
Jan 5 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.The Times- Mike Ashley, the largest shareholder in Debenhams Plc , suffered a "paper loss" of more than 13 million pounds ($17.62 million) on his stake in the department store chain after it issued a steep and unsche...Read More
(Adds details on funds, analyst quote, table, byline)By Trevor HunnicuttNEW YORK, Jan 4 (Reuters) - Investors sitting on U.S. stock returns need a place to put the money, and the big winners are international markets and high-rated debt issuers from corporations to governments.U.S. fund investors pulled $8.4 billion from stocks and funneled $3.3 billion into taxable bonds during the most recent we...Read More
* Euro short distance away from 3-year high vs dollar* Combo of strong euro zone data, dollar weakness support euro* Dollar/yen manages to rise as risk appetite hits Japanese unit* A$ headed for 4th week of gains, commodity currencies strong By Shinichi SaoshiroTOKYO, Jan 5 (Reuters) - The euro hovered near a three-year high against the sagging dollar on Friday, while improving investor risk appe...Read More
(Repeats story from late on Thursday)* China bans under-the-table transactions that skirt rules* Beijing sets "soft" caps on repo, reverse repo trading volume* Changes underscore coordinated efforts to cut financial leverage SHANGHAI, Jan 4 (Reuters) - China released new rules tightening bond trading regulations on Thursday, with a focus on restricting leverage and banning under-the-ta...Read More
* PREVIOUS TRADING SESSION MOVES:* SSEC +0.5 pct, CSI300 +0.4 pct, HSI +0.6 pct* HK->Shanghai Connect daily quota used 21.7 pct, Shanghai->HK daily quota used 26.4 pct* HK->Shenzhen Connect daily quota used 13.1 pct, Shenzhen->HK daily quota used 11.8 pct* CNY official close 6.494 per dollar* FTSE China A50 +0.5 pct, BNY Mellon ADR China Select Index +0.6 pct SHANGHAI, Jan 5 (Reuters)...Read More
Jan 5 (Reuters) - The Malaysian ringgit strengthened on Friday to its highest level against the U.S. dollar since August 2016, boosted by higher oil prices.The ringgit advanced about 0.2 percent to 3.998 to the dollar, breaking the psychologically significant 4 level."There are a few factors at work: the latest catalyst must be a confluence of oil prices being very buoyant...paired with a dol...Read More
EDINBURGH, Jan 5 (Reuters) - A cocktail of higher costs, weak domestic growth and lacklustre consumer demand is dampening optimism among British small businesses, with confidence in Scotland dropping sharply to near a 5-year low at the end of 2017, a survey showed on Friday.The Federation of Small Business said confidence among its members across Britain fell to a four-year low of -2.5 in the last...Read More
Jan 5 (Reuters) - For other diaries, please see:Top Economic Events Polling Unit Diary Today in Washington Political and General News DATECOUNTRY AUCTION DETAILS5-JanJapan 3-month discount bill auction8-JanFranceAuction of BTF Treasury notes8-JanNetherlands DTC auction9-JanUnited States Sale of 3-year notes9-JanUnited KingdomAuction of 1 1/4 % Treasury Gilt 20279-JanNetherlands DSL auction 10-Jan...Read More
* Underlying UK sales down 2.3 pct in December - BDO* Shop prices fell 0.6 pct - BRC LONDON, Jan 5 (Reuters) - British shops suffered a fall in underlying sales in December for the fifth straight year, a survey showed on Friday, adding to evidence consumers are tightening their belts.Britons are being squeezed by slow wage growth and a jump in inflation that followed the 2016 Brexit vote, prompti...Read More
Jan 5 (Reuters) -For other diaries, please see:U.S. Federal Reserve Polling Unit Diary Today in Washington Political and General News -----------------------------------------------------------This Diary is fileddaily. ** Indicates new events -----------------------------------------------------------FRIDAY, JANUARY 5PHILADELPHIA - Bank of England Chief Economist Andy Haldane: Chairing panel sessi...Read More
Following a $54 million impairment charge in its Nzema mine, located approximately 70km from Takoradi in southwestern Ghana, Endeavour Mining (TSX:EDV) announced it has sold its 90% stake in the project to African contracting group BCM International. The remaining 10% is held by the Ghanaian government.The transaction was originally disclosed in August last year and it was completed in late Decemb...Read More
(Adds details on financing plans, issuance)BUENOS AIRES, Jan 4 (Reuters) - Argentina sold $9 billion in a three-part dollar bond issuance that was oversubscribed on Thursday, covering nearly a third of its expected financing needs for 2018 early in the year. Latin America's third largest economy sold $1.75 billion in five-year bonds at a yield of 4.625 percent, $4.25 billion of 10-year bonds at 6...Read More
The number to focus on today is the number 10. Gold traders are witnessing a run on the precious yellow metal, now in its 10th day for consecutive price gains. The last time traders witnessed ten consecutive trading days resulting in higher prices was back in 2011. In fact, that rally resulted in a total of 13 consecutive higher trading days, one of the longest consecutive daily price advances in...Read More
Yesterday, the minutes of the FOMC December meeting were released. What do they say about the Fed’s stance and what do they mean for the gold market? The Fed Is Divided over Number of Hikes in 2018 At the December meeting, the U.S. central bank increased the federal funds rate by a quarter percentage point to a range 1.25-1.50 percent. The move was widely expected by investors, but there was...Read More
BUENOS AIRES, Jan 4 (Reuters) - Argentina covered nearly a third of its expected 2018 financing needs by selling $9 billion in dollar bonds on Thursday, after receiving offers for $21.4 billion, the finance ministry said in a statement.Argentina sold $1.75 billion in five-year bonds at a yield of 4.625 percent, $4.25 billion of 10-year bonds at 6 percent and $3 billion in 30-year bonds at 7 percen...Read More