BEIJING (Reuters) - China rejected fresh U.S. accusations of perpetuating “unfair” trade practices and urged Washington on Thursday to stop making provocations, showing little sign of backing down days ahead a high-stakes meeting between leaders from both countries.President Xi Jinping is due to hold talks with U.S President Donald Trump during a G20 summit in Argentina at the end of t...Read More
BRUSSELS/LONDON (Reuters) - Britain and the European Union agreed a draft text setting out a close post-Brexit relationship, officials said, though wrangles over fish and the future of Gibraltar must still be settled before leaders meet on Sunday.Thursday’s news sent the pound nearly one percent higher on relief among investors that 18 months of tense negotiation were bearing fruit, keeping...Read More
BRUSSELS/LONDON (Reuters) - Britain and the European Union have agreed a draft text setting out a close post-Brexit economic relationship, paving the way for a summit of EU leaders to endorse the deal, European Council President Donald Tusk said on Thursday.Britain is due to leave the EU on March 29, 2019 and diplomats are trying to put the finishing touches to a divorce deal and the accompanying...Read More
Gold has been in focus of many traders as a classical defensive asset. Previously, US stock indexes and Gold have been showing a negative correlation, but not this time. From my perspective, Gold is setting up for a limited upside breakout or a more massive downside breakout. We haven’t seen any meaningful demand for Gold from current price levels. If you take a look at COT-reports, you woul...Read More
Lab-grown diamonds, made for decades as an inexpensive alternative to mined stones for industrial purposes, are cracking the consumer market, largely thanks to millennials' evolving shopping tastes.In a recent survey of 1,000 consumers aged between 21 and 40, half of which had household incomes of $50,000 or higher, nearly 70% said they would consider buying a lab-grown diamond for an engagement r...Read More
Mineral driller Foraco International (TSX: FAR) today reported a terrorist attack at its camp in Niger's Toumour Village.In a media statement, the company said that at around 2 a.m. Thursday, November 22, a group of terrorists attacked the small building where a Foraco team was sleeping and killed eight people. Five other employees were wounded and two are in serious condition. An unnamed source t...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata"), is pleased to announce that it will be releasing its Q3 2018 financials on November 28th, 2018, and will be hosting a conference call to discuss these results on Thursday, November 29th at 9:00 AM EST (6:00 AM PST).The company will hold the conference call on Thursday, November 29, 2018, at 9:00am...Read More
South Africa's Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL) has halted all its gold mining operations in the country after violence broke out overnight during a strike by workers demanding higher wages.Operations at the Driefontein, Kloof and Beatrix mines, major sources of revenue for the precious metals miner, were suspended late on Wednesday due to increasing levels of brutality and intimidation,...Read More
South Africa's Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL) has halted all its gold mining operations in the country after violence broke out overnight during a strike by workers demanding higher wages.Operations at the Driefontein, Kloof and Beatrix mines, major sources of revenue for the precious metals miner, were suspended late on Wednesday due to increasing levels of brutality and intimidation,...Read More
South Africa's Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL) has halted all its gold mining operations in the country after violence broke out overnight during a strike by workers demanding higher wages.Operations at the Driefontein, Kloof and Beatrix mines, major sources of revenue for the precious metals miner, were suspended late on Wednesday due to increasing levels of brutality and intimidation,...Read More
South Africa's Sibanye-Stillwater (JSE:SGL) (NYSE:SBGL) has halted all its gold mining operations in the country after violence broke out overnight during a strike by workers demanding higher wages.Operations at the Driefontein, Kloof and Beatrix mines, major sources of revenue for the precious metals miner, were suspended late on Wednesday due to increasing levels of brutality and intimidation,...Read More
"How could disruption fundamentally change the extraction, exploration, and #mininginvestment landscape? Read part 1 of the #MiningDisrupted series https://t.co/UwTZQtEkOM https://t.co/XaC6RkuLAz"Read full newsRead More
Vancouver, BC - good natured Products Inc. (TSX-V:GDNP) (the "Company" or "good naturedTM"), today announced its financial results for the three months ("Q3 FY18") and nine months ("YTD") ended September 30, 2018."While our revenue growth for Q3 was 24% relative to the comparative quarter last year, I anticipate the year-end annual sales growth to be in the range of 50% to 60%," said Paul Antoni...Read More
Zimbabwean miner RioZim is suing the country's Reserve Bank for $92 million, in a move intended to force it pay for more of its gold purchases from the company in US dollars.The company operates three gold mines, a nickel refinery and holds a minority stake in the Rio Tinto-run Murowa Diamonds. RioZim claims the bank is not paying enough for its products in American currency, as promised, which...Read More
Zimbabwean miner RioZim is suing the country's Reserve Bank for $92 million, in a move intended to force it pay for more of its gold purchases from the company in US dollars.The company operates three gold mines, a nickel refinery and holds a minority stake in the Rio Tinto-run Murowa Diamonds. RioZim claims the bank is not paying enough for its products in American currency, as promised, which...Read More
The major indices started off the day strong, traded well into the afternoon, then sold off steeply into the close, shaving off most of the day's gains before the final bell before the Thanksgiving day holiday. The Dow Jones Industrial Average closed the day down one point to 24,465, while the S&P 500 rose 0.3% and the Nasdaq gained 0.92%. The Dow and S&P are still negative f...Read More
Base metals price changes on the London Metal Exchange were mixed at the close of trading on Wednesday November 21, with positive moves in copper, lead and zinc futures contrary to the continued slide in nickel, while the complex remained broadly impervious to continued strength in the US dollar index.Lead futures improved amid a nine-year low in total LME inventory, rising by 2.2% over the day's...Read More
Zinc premiums narrowed in Southeast Asia but were stable elsewhere in the week ended Tuesday November 20 after zinc forward price spreads became the most widely backwardated since at least 2004. Lead premiums dropped in Taiwan, with lower offers moving levels down. Zinc cash/three-month price spread backwardation soars to $98 per tonne Taiwan lead premium falls pressed by increase in I...Read More
Chris VermeulenPosted Nov 21, 2018Are the metals markets ending a price correction in unison and preparing for a massive price advance? This is the question we asked our research team to investigate and their findings may help skilled traders identify great opportunities in the future.This multi-part research article will share our most recent opinion about the metals markets as well as share some...Read More
China continues to rely heavily on imported bauxite, with imports set to reach a five-year high of 70 million tonnes this year, Pi Jianqing, deputy manager of the non-ferrous department of Hanzhou Jinjiang Group, said last week. "China is expecting to import 70 million tonnes of bauxite in 2018. This [is the highest] since 2013, when the market stockpiled large quantities of bauxite on tightness c...Read More