TORONTO, ONTARIO--(Marketwired - June 5, 2017) - Uranium Participation Corporation ("UPC") (TSX:U) reports its estimated net asset value at May 31, 2017 was CAD$407.5 million or CAD$3.37 per share. As at May 31, 2017, UPC's investment portfolio consisted of the following: (in thousands of Canadian dollars, except quantity amounts)QuantityFair ValueInvestments in Uranium: Uranium oxide in conce...Read More

* TSX down 32.97 points, or 0.21 percent, to 15,409.78* Eight of the TSX's 10 main groups were down* Financials down 0.2 percent, materials off 0.5 percent* Energy up 0.1 percent By Solarina HoTORONTO, June 5 (Reuters) - Canada's main stock index fell on Monday as financial stocks dipped amid signs of cooling in Toronto's overheated housing market, while a rebound in energy stocks tempered some l...Read More

* Oil falls as Qatar rift threatens output cuts* Sterling recovers as investors focus on election* Wall Street closes lower as Apple losses offset gains in energy and finance sectors* Eyes are on Thursday's ECB meeting* Gold retreats after six-week high on Friday's U.S. jobs report (Adds Wall Street close; updates throughout)By Hilary RussNEW YORK, June 5 (Reuters) - Wall Street stocks dipped on M...Read More

EU inflation remains muted even as economies there perk upChina's reflation impluse remains crucial to global pictureChina Inc. Healthy in Spite of DebtCentral bankers and investors are grappling with a $100 trillion question: why consumer price inflation remains so low in most parts of the world even as economic growth quickens.Compounding the riddle, question marks are now emerging over the one...Read More

ABUJA, June 5 (Reuters) - Nigeria's central bank introduced a new spread limit on interbank transactions on Monday, it said in a statement, in an attempt to boost liquidity in the currency market.All interbank transactions will be subject to a maximum spread of 1 naira ($0.0033), the Central Bank of Nigeria (CBN) said. A year ago, the bank had said the naira would trade with no pre-determined spre...Read More

LA PAZ, June 5 (Reuters) - Bolivian consumer prices fell 0.02 percent in May, bringing the country's inflation rate to 0.05 percent for the first five months of the year, the official National Statistics Institute said on Monday.The fall in May was due principally to a decrease in the price of food and nonalcoholic beverages, the institute said.Bolivia had an inflation rate of 4 percent in full-ye...Read More

If looking at Gold only in a vacuum, it looks good. Its uptrend since the start of the year remains intact and it has pushed above its 50 and 200-day moving averages. It closed the week at $1280/oz and could test $1300 next week. But looks can be deceiving. Considering the US Dollar index closed at a 7-month low today, Gold is lagging a bit. Moreover, both Silver and the gold miners have not confi...Read More

TORONTO, June 5 (Reuters) - Canada's benchmark stock index finished lower on Monday, as resources and financial services, partly weighed lower by the latest housing data in Toronto, kept the market in negative territory.The Toronto Stock Exchange's S&P/TSX composite index fell 32.97 points, or 0.21 percent, to 15,409.78. All but two of the index's main industry groups were in lower territory. (Rep...Read More

NEW YORK, June 5 (Reuters) - Stocks dipped on Wall Street on Monday as a drop in Apple partly offset gains in energy and financial shares, some of the market's worst performing sectors this year.The Dow Jones Industrial Average fell 21.84 points, or 0.1 percent, to 21,184.45, the S&P 500 lost 2.91 points, or 0.12 percent, to 2,436.16 and the Nasdaq Composite dropped 10.11 points, or 0.16 percent,...Read More

ALL TIMES IN EDT/GMT -------------------------------------------------1000/1400: The Labor Dept. issues Job Openings and Labor Turnover Survey for April.1130/1530: The Treasury Dept. holds weekly sale of 4-week bills.1600/2000: The American Petroleum Institute issues weekly national petroleum report.------------------------------------------------- DIARY - Federal Reserve Events U.S. Indicators (W...Read More

* ECB expected to take benign view of economy on Thursday* Sterling hits 10-day high as traders bet on Tory victory* Graphic: World FX rates in 2017 (Updates prices, market activity and comments to U.S. afternoon trading; new byline)By Saqib Iqbal AhmedNEW YORK, June 5 (Reuters) - The dollar steadied against a basket of currencies on Monday, recovering from a near a seven-month low hit on Friday,...Read More

* U.S. factory orders drop, U.S. services index slips* Markets closely watching Qatar situation (Updates prices, adds comment)By Gertrude Chavez-DreyfussNEW YORK, June 5 (Reuters) - U.S. Treasury debt prices fell on Monday in thin trading, as investors booked profits after gains the previous session on a U.S. employment report that underwhelmed expectations and suggested a more cautious Federal Re...Read More

* Oil falls as Qatar rift threatens output cuts* Sterling recovers as investors focus on election* Wall Street stocks dip after falls in oil, European market* Thursday's ECB meeting keeps lid on euro zone bond yields* Gold retreats after six-week high on Friday's U.S. jobs report (Adds settled oil prices; updates throughout)By Hilary RussNEW YORK, June 5 (Reuters) - World equity markets fell with...Read More

(Kitco News) - Gold remains bid after Friday's short-covering rally on a weaker jobs number. Theterror attack over the weekend in London has created more uncertainty on theoutcome of the British election on Thursday,and the ECB meeting on Thursday will be closely watched for signals from MarioDraghi on monetary policy. The overall market has a sense of nervousness thatcontinues to encourage fund m...Read More

By Devika Krishna Kumar | NEW YORKOil prices fell about 1 percent on Monday on concerns that the cutting of ties with Qatar by top crude exporter Saudi Arabia and other Arab states could hamper a global deal to reduce oil production.Saudi Arabia, the United Arab Emirates, Egypt and Bahrain closed transport links with top liquefied natural gas (LNG) and condensate shipper Qatar, accusing it of supp...Read More

By Noah Browning | DUBAIThe Arab world's biggest powers cut ties with Qatar on Monday over alleged support for Islamists and Iran, reopening a festering wound two weeks after U.S. President Donald Trump's demand for Muslim states to fight terrorism.Saudi Arabia, Egypt, United Arab Emirates and Bahrain severed diplomatic relations with Qatar in a coordinated move. Yemen, Libya's eastern-based gover...Read More

LONDON, June 5 (Reuters) - Stellar Diamonds has agreed to sell its Guinean assets to BDG Capital Limited for $2 million to allow it to focus on a bigger mine in Sierra Leone that could begin producing diamonds next year, its CEO said on Monday.Small-cap Stellar Diamonds said its Tongo-Tonguma project in Sierra Leone has the potential to generate earnings of $45 million a year and focusing on its d...Read More

Later this month, I will be launching my new subscription service here on Seeking Alpha, the Stock & Gold Market Report.But I have a top investment idea for June to share with subscribers, so I'm doing an Early Bird launch of my service right now.As a bonus, you will also get another stock pick: "My Favorite Junior Natural Resource Stock In The World Right Now.".In addition, you will get two regul...Read More

One of the three attackers who killed seven people near London Bridge on Saturday night was previously investigated by British security services but had not been viewed as a serious threat, British police said on Monday.Khuram Shazad Butt, aged 27, was a British citizen born in Pakistan, who was already known to police and Britain's domestic spy agency MI5, London's police force said."However, the...Read More

Mr. Brian Groves reportsGENESIS CLOSES $3.25 MILLION PRIVATE PLACEMENT AND WELCOMES ERIC SPROTT AS SIGNIFICANT SHAREHOLDERGenesis Metals Corp. has closed its $3.25-million non-brokered private placement previously announced on May 24, 2017.Brian Groves, chief executive officer of Genesis, commented: "We are pleased to have Eric Sprott, Delbrook and other large, strategic institutional investors pa...Read More