LONDON, Oct 29 (Reuters) - Mining companies must forge new ties with partners from customers to governments as they pursue innovation and compete for talent with technology giants, Rio Tinto's chief executive said in a speech to be delivered on Tuesday.The mining industry has recovered from the deep commodity crash of 2015-16, but faces headwinds from U.S.-China trade tensions, which have dented t...Read More

LONDON, Oct 29 (Reuters) - Mining companies must forge new ties with partners from customers to governments as they pursue innovation and compete for talent with technology giants, Rio Tinto's chief executive said in a speech to be delivered on Tuesday.The mining industry has recovered from the deep commodity crash of 2015-16, but faces headwinds from U.S.-China trade tensions, which have dented t...Read More

LONDON, Oct 29 (Reuters) - Mining companies must forge new ties with partners from customers to governments as they pursue innovation and compete for talent with technology giants, Rio Tinto's chief executive said in a speech to be delivered on Tuesday.The mining industry has recovered from the deep commodity crash of 2015-16, but faces headwinds from U.S.-China trade tensions, which have dented t...Read More

"Merkel To Step Down As CDU Leader After Disastrous Election Results https://t.co/9C9m1a2oSW"Read full newsRead More

Rio Tinto Group, the world's second-biggest miner, said a pact to offload its stake in the $20 billion Simandou iron ore project in Guinea to its Chinese partner, Aluminum Corp. of China, has lapsed. Rio holds about 45% of the project, while Chinalco has about 40 percent and Guinea's government owns a 15 percent stakeThe parties had struck a non-binding agreement two years ago, when Rio said it c...Read More

Zimbabwean gold producers may suspend operations because a foreign-exchange shortage has left them with insufficient funds to cover production costs, the main industry lobby group said.Curbing output would deprive the country of a key source of export earnings as Finance Minister Mthuli Ncube tries to stabilize an economy wrecked by the misrule of former leader Robert Mugabe. Producers are only al...Read More

LONDON (Reuters) - German bond yields rose on Monday on growing political uncertainty in the euro zone’s powerhouse economy, while Italy’s borrowing costs fell sharply on relief that Standard & Poor’s left its credit rating unchanged.German Chancellor Angela Merkel has told senior members of her Christian Democrats (CDU) that she will not seek re-election as party leader at a...Read More

(Kitco News) - Largespeculators have continued to exit from their one-time large net-bearish post ingold futures, trimming this by roughly two-thirds over the course of the lasttwo reporting weeks for data compiled by the Commodity Futures TradingCommission.“The gold price continued to recover accordingly in theperiod under review,” said analysts with Commerzbank. The move has occurred...Read More

(Kitco News) - Large speculators have continued to exit from their one-time large net-bearish post in gold futures, trimming this by roughly two-thirds over the course of the last two reporting weeks for data compiled by the Commodity Futures Trading Commission.“The gold price continued to recover accordingly in the period under review,” said analysts with Commerzbank. The move has occ...Read More

DETROIT (Reuters) - U.S. auto sales likely fell slightly in October from a year earlier, when replacement demand following hurricanes Harvey and Irma boosted business, industry consultants J.D. Power and LMC Automotive said on Monday.“The year-over-year comparison is difficult as sales in October last year were inflated by vehicle replacement demand associated with Hurricanes Harvey and Irma...Read More

Oct 29 (Reuters) - Canada's main stock index bounced back from last week's sell-off to open higher on Monday, tracking gains in global stocks, partly due to relief over an unchanged rating on Italy.* At 9:30 a.m. ET (13:30 GMT), the Toronto Stock Exchange's S&P/TSX composite index was up 91.77 points, or 0.62 percent, at 14,980.03.Reporting by Amy Caren Daniel in Bengaluru; Editing by Arun Koy...Read More

Goldcorp (TSX:G) (NYSE:GG) received Monday C$5 million (about $3.8m) from the Canadian government for its Borden gold project, as part of the country's efforts to boost innovation in cleaner, more sustainable mining practices.Located near Chapleau, Ontario, about 160 km west of the company's Porcupine mine, Borden will be Canada's first fully-electric operation. By replacing all diesel mobile eq...Read More

WASHINGTON/SINGAPORE (Reuters) - Shortly after U.S. President Donald Trump announced in May he would reimpose sanctions on Iran, the State Department began telling countries around the world the clock was ticking for them to cut oil purchases from the Islamic Republic to zero.The strategy is meant to cripple Iran’s oil-dependent economy and force Tehran to quash not only its nuclear ambition...Read More

Goldcorp (TSX:G) (NYSE:GG) received Monday C$5 million (about $3.8m) from the Canadian government for its Borden gold project, as part of the country's efforts to boost innovation in cleaner, more sustainable mining practices.Located near Chapleau, Ontario, about 160 km west of the company's Porcupine mine, Borden will be Canada's first fully-electric operation. By replacing all diesel mobile eq...Read More

Goldcorp (TSX:G) (NYSE:GG) received Monday C$5 million (about $3.8m) from the Canadian government for its Borden gold project, as part of the country's efforts to boost innovation in cleaner, more sustainable mining practices.Located near Chapleau, Ontario, about 160 km west of the company's Porcupine mine, Borden will be Canada's first fully-electric operation. By replacing all diesel mobile eq...Read More

WASHINGTON (Reuters) - U.S. consumer spending rose for a seventh straight month in September, but income recorded its smallest gain in more than a year amid moderate wage growth, suggesting the current pace of spending was unlikely to be sustained.The Commerce Department said on Monday consumer spending, which accounts for more than two-thirds of U.S. economic activity, increased 0.4 percent last...Read More

LONDON (Reuters) - Oil prices inched lower on Monday as concern over the global economy put crude on track for its biggest monthly fall since mid-2016.Brent crude oil futures LCOc1 were at $77.59 a barrel by 1225 GMT, down 3 cents from their last close, while U.S. crude futures CLc1 were down 6 cents at $67.53.Even with U.S. sanctions on Iranian exports due to come into force in under a week, oil...Read More

Dicerna Pharmaceuticals reports earnings later this week, tooThe shares of Dicerna Pharmaceuticals Inc (NASDAQ:DRNA) are trading near the top of the Nasdaq today, up 16.5% at $15.14. The gene-silencing expert just announced a licensing deal with Eli Lilly (LLY) that includes a $100 million investment at aprice of $18.47 per DRNA share, and another $100 million payment upfront. DRNA is also eligibl...Read More

RIO DE JANEIRO/BRASILIA (Reuters) - Jair Bolsonaro, a far-right firebrand former Army captain, won Brazil’s presidential election in convincing fashion, wooing voters with promises to gut endemic political corruption and wage a brutal battle against powerful drug gangs.Bolsonaro, who early in his legislative career declared he was “in favor” of dictatorships and demanded that Con...Read More

TOKYO (Reuters) - The Bank of Japan is considering tweaking its bond buying operations to allow the government debt market to better reflect fundamentals, people familiar with the matter said, following years of heavy central bank buying in the sector.The proposed changes, which focus on the way the BOJ times its bond purchases, would be aimed at reviving a market that many participants say has be...Read More