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Barrick Gold, IAMGOLD, Gold Fields, Avalon, and Antofagasta recognized for their leadership in renewables at Energy and Mines Renewables and Mining Awards

November 23, 2016 / www.mining.com

Toronto, ON -- November 22, 2016. Mining companies were awarded and celebrated last night for their investments in renewable energy at a glittering awards gala and dinner in Toronto. Mining companies from Canada, Chile, Mexico, Australia, and South Africa received awards for their investments in wind and solar technologies at the Energy and Mines Renewables and Mining Awards."These mining companie...Read More

BCGold in a sweet spot in Peru

November 23, 2016 / www.mining.com

Bob Moriarty of 321 Gold highlights BCGold, a company that he believes its promising land package in Peru makes it a good buy in this market.Almost ten years ago I went to central Peru some sixty-five miles east of Lima to see an area that had been abandoned when the Shining Path guerillas moved in. The Chanape Mining District was home to some of the best mining projects and mines in Peru. All w...Read More

Rio Tinto sells Scottish aluminum assets for $410 million

November 23, 2016 / www.mining.com

World's second largest miner Rio Tinto (ASX, LON:RIO) is selling an aluminum smelter and hydro-electric power plants in Scotland to two affiliates of energy and metals group GFG Alliance for $410 million ( ?330m), as part of its efforts to cut debt.The deal comprises Rio's Alcan Aluminium UK Ltd. unit, which includes the operating aluminum smelter at Fort William, the hydroelectric facilities...Read More

The true benefactor of President Trump's "America's Infrastructure First" initiative

November 23, 2016 / www.mining.com

President Trump plans on Making America Great Again. And to do this he plans on investing several-hundred billions of dollars into rebuilding and repairing infrastructure across the United States, including highways, bridges, tunnels, airports, schools, and hospitals.The policy was also proposed by Secretary Clinton, indicating broad bipartisan support in Congress for this investment. Infrastruc...Read More

UPDATE 1-Zambia's chamber of mines sees rising copper output in 2016

November 23, 2016 / in.investing.com

(Adds quotes, detail)LUSAKA, Nov 23 (Reuters) - Zambia's copper production is expected to increase by 4 percent to 740,000 tonnes this year, the Chamber of Mines in Africa's second-largest producer of the metal said on Wednesday.A government forecast in February indicated Zambia's copper production will be around 700,000 tonnes this year and next year before rising to 1 million tonnes in 2018.Howe...Read More

GLOBAL MARKETS-Investors trade on policy split between U.S. and Europe

November 23, 2016 / in.investing.com

* European stocks fail to match Wall Street records* Fed minutes to reinforce rate hike conviction* German bond yields bounce off lows on ECB loan plan* Gap between U.S.-German yields near 11-year high (Updates prices)By John GeddieLONDON, Nov 23 (Reuters) - European shares dipped and German bond yields briefly touched record lows on Wednesday, a contrast with the buoyant mood on Wall Street as in...Read More

GLOBAL MARKETS-Investors play policy split between U.S. and Europe

November 23, 2016 / in.investing.com

* European stocks fail to match Wall Street records* Fed minutes to reinforce rate hike conviction* German bond yields hit lows despite strong data* Oil prices fall on OPEC deal doubtsBy John GeddieLONDON, Nov 23 (Reuters) - Financial markets showed the diverging path of U.S. and euro zone monetary policy on Wednesday with Wall Street breaking new ground and the dollar perched near a 14-year high,...Read More

Gold edges higher, but upside limited ahead of Fed minutes

November 23, 2016 / in.investing.com

Investing.com - Gold prices edged higher on Wednesday as the dollar hovered below almost 14-year highs against a currency basket as investors awaited the release of minutes from the Federal Reserve's policy meeting earlier this month.Gold for December delivery on the Comex division of the New York Mercantile Exchange were at $1,212.9 a troy ounce, holding above the lows of $1,201.30 set on Friday,...Read More

Anniversary of Great Reporter’s Death

November 23, 2016 / www.thedailybell.com

We got the very sad news today, Nov. 22, 2015, that Dave McGowan passed away from cancer at 12:47 p.m. - Truth and ShadowsWe missed the anniversary of McGowan's death, which was yesterday, but he was one helluva a writer, exposing in brief books the"directed history" of the modern era. So, we'll remember him today. We've written about him before, here.He died of an extremely aggressive form of l...Read More

Privatize to Get Rid of Passports and Resolve Immigration

November 23, 2016 / www.thedailybell.com

To silence dissidents, Gulf states are revoking their citizenship Many are left stateless as a result. - The EconomistThe Economist "newspaper" is worried that nations are beginning to use passports as a way to punish people that leaders don't like.This article focuses mainly on the Middle East, especially Bahrain, which the article calls an "energetic stripper."More here:Bahrain's ... Sunni ro...Read More

Anniversary of Great Reporter’s Death

November 23, 2016 / www.thedailybell.com

We got the very sad news today, Nov. 22, 2015, that Dave McGowan passed away from cancer at 12:47 p.m. - Truth and ShadowsWe missed the anniversary of McGowan's death, which was yesterday, but he was one helluva a writer, exposing in brief books the"directed history" of the modern era. So, we'll remember him today. We've written about him before, here.He died of an extremely aggressive form of l...Read More

Privatize to Get Rid of Passports and Resolve Immigration

November 23, 2016 / www.thedailybell.com

To silence dissidents, Gulf states are revoking their citizenship Many are left stateless as a result. - The EconomistThe Economist "newspaper" is worried that nations are beginning to use passports as a way to punish people that leaders don't like.This article focuses mainly on the Middle East, especially Bahrain, which the article calls an "energetic stripper."More here:Bahrain's ... Sunni ro...Read More

Goldman bullish on commodities amid mining's accelerating rally

November 22, 2016 / www.mining.com

Commodities are back in favour, boosting oil producers and miners after their annus horribilis of 2015. The Bloomberg Commodity Index is set for its biggest three-day advance since June, led by gains in oil and industrial metals.Read moreRead More

Congo gets firmer grip on Ivanhoe's Kamoa-Kakula copper project

November 22, 2016 / www.mining.com

Canada's Ivanhoe Mines (TSX:IVN) and its joint-venture partner Zijin Mining Group are transferring an additional 15% interest in their Kamoa-Kakula copper project to the DRC's government.Deal increases Congo's stake in the project, which Ivanhoe believes it could prove to be Africa's most significant copper deposit ever found, to 20%.The deal increases Congo's stake in the project, which Ivanhoe b...Read More

GLOBAL MARKETS-Wall Street hits record highs, oil prices slump

November 22, 2016 / in.investing.com

* Three main Wall Street indexes hit record highs for 2nd day* Dow tops 19,000, S&P 500 tops 2,200 for first time* Oil prices fall after touching highest of month* U.S. 2-year Treasury yields hit more than six-year high* Dollar near six-month high vs yen (Updates to close of European markets)By Sam ForgioneNEW YORK, Nov 22 (Reuters) - Wall Street's three main stock indexes hit record highs for a s...Read More

GLOBAL MARKETS-Wall Street hits record highs, dollar gains vs yen

November 22, 2016 / in.investing.com

* Three main Wall Street indexes hit record highs for 2nd day* Dow tops 19,000, S&P 500 tops 2,200 for first time* Oil prices touch highest of month on planned production cuts* U.S. 2-year Treasury yields hit more than six-year high* Dollar near roughly six-month high vs yen (Updates to open of U.S. trading; changes byline, dateline, pvs LONDON)By Sam ForgioneNEW YORK, Nov 22 (Reuters) - U.S. and...Read More

FOREX-Metals rally helps knock dollar off 13 1/2-year high

November 22, 2016 / in.investing.com

* Dollar index falls back from last week's high* Greenback steady vs yen after earthquake-driven losses* Aussie biggest gainer, up half a percent after recent falls* Graphic: World FX rates in 2016 http://tmsnrt.rs/2egbfVhBy Patrick GrahamLONDON, Nov 22 (Reuters) - The dollar retreated from a six-month peak against the yen on Tuesday, while a push higher for copper and iron ore prices drove commod...Read More

Gold rises for second day on a weaker dollar

November 22, 2016 / in.investing.com

Investing.com - Gold prices rose for a second day on Tuesday as the weaker dollar helped lift the precious metal off recent lows.Gold for December delivery on the Comex division of the New York Mercantile Exchange was last at $1,217.50 a troy ounce, after earlier rising as high as $1,220.85.On Monday, gold rose 0.82% after falling to lows of $1,201.30 on Friday, a level not seen since May 30.The U...Read More

FOREX-Dollar retreats from 13 1/2-year high as metals rally

November 22, 2016 / in.investing.com

* Dollar index falls back from last week's high* Greenback steady vs yen after earthquake-driven losses* Aussie biggest gainer, up 0.4 percent after recent falls (Updates after start of European trade)By Patrick GrahamLONDON, Nov 22 (Reuters) - The dollar retreated from a six-month high against the yen on Tuesday, while a push higher for copper and iron ore prices drove commodities-linked currenci...Read More

Rally in metals, mining shares boosts European indices

November 22, 2016 / in.investing.com

LONDON, Nov 22 (Reuters) - Metals and mining shares .SXPP climbed 3 percent on Tuesday underpinning a firm open for Europe's benchmark stock index .STOXX as the global reflation trade in the wake of Donald Trump's victory in the U.S. presidential election continued.The pan-European STOXX 600 index .STOXX rose 0.7 percent in early trades. The index is still down about 6 percent so far this year.In...Read More

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