The European Union is seeking compensation from the United States for U.S. tariffs on steel and aluminium, despite Washington's assertion that they are not subject to World Trade Organization rules, a WTO filing showed on Monday.In a step already taken by China, the EU said it did not accept the "national security" justification for the U.S. tariffs but said they had been imposed just to protect U...Read More
FTSE 100 closes down 66 at 7,198Pound firmsMartin Sorrell steps down as WPP bossDow surges at open FTSE 100 closed below the 7,200 level on Monday as the pound firmed and US shares were trading higher.The UK blue-chip benchmark closed around 66 points down at 7,198, while the FTSE 250 was around 67 points lower at 19,771.In the currency markets, the pound was up 0.43% against the Euro and up...Read More
Arctic Star Exploration (TSXV: ADD) announced today that it has received diamond results from caustic fusion analyses on the kimberlite discoveries within the Timantti Diamond Project in Finland.According to Rockstone Research, such a finding is important because, different from other sites around the world, Arctic Star's property is located in proximity to civilization and infrastructure. Timantt...Read More
Mr. Morgan Poliquin reportsALMADEX PROVIDES UPDATE ON SPINOUT TRANSACTION AND NEWCREST INVESTMENTFurther to Almadex Minerals Ltd.'s news release dated Feb. 26, 2018, the company has mailed and filed its notice of special meeting of shareholders and the related management information circular which describes, amongst other things, the proposed spinout of Almadex's early-stage exploration projects,...Read More
Last week's other top-gaining mining stocks on the TSXV were Minsud Resources, Honey Badger Exploration, K92 Mining and Karmin Exploration.Read full newsRead More
Polymetal International PLC (LON:POLY) shares fell on Monday after the precious metals miner went on a little shopping spree.The company struck a deal with the Russian Copper Company which will see Polymetal receive an 85% interest in the East Tarutin copper-gold deposit on the Kazakhstan side of the border.In return, RCC will receive 100% of the East Tarutin deposit which sits on Russian land.Pol...Read More
Asante Gold Corporation(CSE:ASE Frankfurt:1A9) ("Asante Gold" or the "Company") wishes to update its shareholders and the market on the current status of its ongoing search for a joint venture partner for its Kubi Gold Project in Ghana.Read full newsRead More
Morning Market Breakdown, April 16: As the markets slowly trudged into the green on Monday morning, precious metals were making gains.Read full newsRead More
Alastair Smith, chief executive of Avacta Group Plc (LON:AVCT), tells Proactive Investors their lead PD-L1 programme remains on track to deliver key pre-clinical milestones this year.Smith says they're also making "excellent progress" with a second immuno-oncology research project, a LAG3 blockade, which can be combined with PD-L1 for improved efficacy.Avacta, in its half-year results update, said...Read More
Gross leverage at Long/Short hedge funds just suffered the fastest collapse in gross exposure on record; a pattern that is oddly similar to what happened during the last euphoric surge in mid-2007.Read full newsRead More
OPEC's goal of draining the global inventory surplus has finally been achieved...Read full newsRead More
John Burt, chief executive of Abzena plc (AIM:ABZA), tells Proactive's Andrew Scott the group expects turnover for the 12 months to the end of March to be in the order of ?22mln, up 18% on the year before, with underlying earnings (EBITDA) in line with expectations.There was a marked split between halves, with sales up 49% in the second six months compared with the first.Abzena's targeting top-li...Read More
- One of the Largest Oil Rig Moving Companies in North America to Join Daseke's Operations -- Management to Discuss Acquisition via Conference Call Today at 11:00 a.m. ET -ADDISON, Texas, April 16, 2018 (GLOBE NEWSWIRE) -- Daseke, Inc. (NASDAQ:DSKE) (NASDAQ:DSKEW), the largest owner of flatbed and...Read full newsRead More
Investors will be closely eyeing the first of a key batch of UK economic data on Tuesday, with UK unemployment and average earnings numbers due to be revealed a day ahead of the latest inflation figures.A further acceleration in wage growth could be enough to cement expectations for a May rate hike from the Bank of England, especially if the consumer price index continues to reverse.Policymakers e...Read More
David Bull, finance director for PCF Group Plc (LON:PCF), called through to the Proactive studio as the total value of deposits the bank's accepted from retail customers surpassed the ?100mln mark.The milestone has been reached sooner than expected, with the retail bank having only started operations in July of last year. Meet 360 Blockchain Inc, Alterola Biotech, Inc, LGC Capital Ltd and B...Read More
Cobalt has been drifting lower after hitting near 10-year peaks last month to exchange hands for $91,500 a tonne on the LME on Friday. Cobalt remains up more than 300% since hitting multi-year lows at the beginning of 2016 as demand for the metal, a crucial element in batteries used in cellphones and electric vehicles, spikes.While some of the froth has gone out of the spot market, the jostling am...Read More
Robin Young, chief executive at Amur Minerals Corporation (LON:AMC), discusses with Proactive's Andrew Scott an increase in the projected global underlying earnings (EBITDA) assessment of the mining potential at the Kun-Manie nickel copper sulphide project.The projected EBITDA has increased by 78.75% to US$2.7bn, up from US$1.6bn a year ago.Young says the increase is attributable to mining Maly Ku...Read More
You've no doubt heard that everything's bigger in Texas. That's more than just a trite expression, and I'm not just saying that because Texas is home to U.S. Global Investors.Want to know how big Texas really is? Let's compare its economy with that of Russia, the world's largest country by area. As you probably know, Russia's been in the news a lot lately, so the timing of this comparison makes se...Read More
(Bloomberg) - The Moti Group will consider selling shares in its Zimbabwean chrome mining operations if the government pushes ahead with the proposal that has already met resistance from the country's biggest platinum producer.Zimbabwean policymakers are debating a bill that will require mining companies to list the majority of their shares on the local exchange or risk losing their mining rights...Read More
Playworks' Jasper Smith tells Proactive Investors they're a developer and publisher in the games space - with a particular focus on 'instant messaging games'.''They're friction-free, super fast and completely social'', Smith says.''This opportunity's a bit like going back to the dawn of the app store 10 years ago''.''If you look at the IM games opportunity at the moment it's exactly the same .. th...Read More