An institution with money-printing powers should have no difficulty keeping the lights on. But could it continue to act effectively after depleting its net worth?Former Bank of England policymaker Willem Buiter posed that question in early 2008, and it's currently the biggest challenge facing his long-time research collaborator Urjit Patel, the Reserve Bank of India governor.Under pressure to retu...Read More
An institution with money-printing powers should have no difficulty keeping the lights on. But could it continue to act effectively after depleting its net worth?Former Bank of England policymaker Willem Buiter posed that question in early 2008, and it's currently the biggest challenge facing his long-time research collaborator Urjit Patel, the Reserve Bank of India governor.Under pressure to retu...Read More
Researchers at Ruhr-Universit??t Bochum and the University of Wuppertal in Germany have come up with a new fabrication process for transparent ultra-thin silver films. The new process produces a material capable of increasing the efficiency of solar cells and light-emitting diodes.Up till now, traditional chemical methods have not been able to produce ultra-thin and pure silver films, the scientis...Read More
Researchers at Ruhr-Universit??t Bochum and the University of Wuppertal in Germany have come up with a new fabrication process for transparent ultra-thin silver films. The new process produces a material capable of increasing the efficiency of solar cells and light-emitting diodes.Up till now, traditional chemical methods have not been able to produce ultra-thin and pure silver films, the scientis...Read More
Researchers at Ruhr-Universit??t Bochum and the University of Wuppertal in Germany have come up with a new fabrication process for transparent ultra-thin silver films. The new process produces a material capable of increasing the efficiency of solar cells and light-emitting diodes.Up till now, traditional chemical methods have not been able to produce ultra-thin and pure silver films, the scientis...Read More
Through its representative in Argentina, Mario Hern??ndez, Canada's Yamana Gold Inc. (TSX: YRI) (NYSE: AUY) said that, despite having sold the Gualcamayo gold mine to Colombia's Mineros (BVC: MINEROS), it will continue to invest in exploration in different regions of the country.Earlier this year, Yamana announced a hike in its exploration budget to $11.2 million from the $9 million allocated in t...Read More
Through its representative in Argentina, Mario Hern??ndez, Canada's Yamana Gold Inc. (TSX: YRI) (NYSE: AUY) said that, despite having sold the Gualcamayo gold mine to Colombia's Mineros (BVC: MINEROS), it will continue to invest in exploration in different regions of the country.Earlier this year, Yamana announced a hike in its exploration budget to $11.2 million from the $9 million allocated in t...Read More
Through its representative in Argentina, Mario Hern??ndez, Canada's Yamana Gold Inc. (TSX: YRI) (NYSE: AUY) said that, despite having sold the Gualcamayo gold mine to Colombia's Mineros (BVC: MINEROS), it will continue to invest in exploration in different regions of the country.Earlier this year, Yamana announced a hike in its exploration budget to $11.2 million from the $9 million allocated in t...Read More
(Bloomberg) -- India’s monetary policy makers and government officials will meet Monday in a board meeting that promises to be anything but its usual dull affair.Locked in a power struggle over how much capital the central bank needs and how tough its lending rules should be, a trained accountant parachuted into the Reserve Bank of India’s board by the government in August may be key t...Read More
Nov 17 (Reuters) -For other diaries, please see:Top Economic EventsM/DIARYEmerging Markets Economic Events EMRG/DIARYGovernment Debt AuctionsD/DIARYPolitical and General NewsPOL/DIARYU.S. Federal ReserveFED/DIARYToday in WashingtonWASH/DIARY ----------------------------------------------------------- This Diary is filed daily. ** Indicates new events -----------------------------------------------...Read More
(Adds Technicolor SA, Visa, General Electric (NYSE:GE), LyondellBasell)Nov 16 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Friday:** Technicolor SA TCH.PA has been exploring options that include a full or partial sale of the French digital media company, as its set-top box business struggles because of higher prices for memory chips, people fam...Read More
The story of RNC Minerals (TSX:RNX), better known as Royal Nickel Corp, is getting interesting by the day. If you haven't heard about the company, RNC Minerals is a junior Canadian miner that was, until some months ago, focused on developing its Dumont Nickel project, touted to be the world's largest nickel sulphide deposit.All of that changed in September when RNC discovered huge gold deposits f...Read More
All-weather stocks perform fine in all kinds of economic environments. Stocks with a general long-term upward trend may be all-weather stocks. Here are two such dividend stocks you can buy on dips and pretty much hold for a long, long time in your portfolio.Bank on TD Bank to do wellToronto-Dominion Bank (TSX:TD)(NYSE:TD) is a top 10 North American bank and is the fifth-largest in terms of total a...Read More
"People have to remember, mining stocks are like tech stocks where everybody and their car or Uber driver piles into them when they're moving higher. It's not a well-followed, well-understood sector which is what I like about it because it means there's plenty of opportunities to make a lot money in stocks that don't end up featured on CNBC or everybody's favorite newsletter."Elijah Johnson of Sil...Read More
This gold explorer remains on track with its 2018 project enhancement goals. Liberty's Goldstrike ProjectThis gold explorer remains on track with its 2018 project enhancement goals. Liberty Gold Corp. (LGD:TSX) announced in a news release more results from the reverse circulation drilling at Goldstrike that it finished on Nov. 1. These data will be incorporated into a preliminary resource estimat...Read More
This company continues to explore expansion potential at its open pit and underground mines. Leagold Mining Corp. (LMC:TSX.V; LMCNF:OTCQX) increased the Proven and Probable mineral reserves at the Los Filos open pit in Mexico by 122%, the company announced in a news release. The new 2P total as of Oct. 31, 2018, which is for the Los Filos open pit only, is 40.5 million tons with a grade of 0.6 gr...Read More
The Mercenary Geologist Mickey Fulp discusses with Maurice Jackson of Proven and Probable how peak oil could inform investment in gold miners. Maurice Jackson: Joining us for a conversation is the Mercenary Geologist, Mickey Fulp. Pleasure to speak with you. Mickey Fulp: Thank you, sir.Maurice Jackson:Mickey, one of the concerns that I think speculators are having in the natural resource space is...Read More
RAPAPORT... Bonhams will offer an 18.04-carat diamond at its FineJewelry sale in New York next month, estimating the piece at $400,000 to$600,000. The emerald-cut, G-color, VS2-clarity diamond flanked bytrillion-cut diamonds will head up the auction on December 3 at the company'sMadison Avenue location, Bonhams said Thursday. "This is a beautiful example of a large, white diamondexhibiting sensat...Read More
RAPAPORT... Polished-diamond imports to Hong Kong increased 11% in thethird quarter, according to data from the Diamond Federation of Hong Kong,China. The average price of imports jumped 15%, offsetting the lower volumes -a trend that reflects a shift toward higher-value goods among traders.Polished imports grew 6% for the year to date, while exports to mainland Chinaclimbed 12% to $2.58 billionHo...Read More
RAPAPORT... Alrosa has sold its 50% stake in the Sunland Mineralsexploration project in Botswana, according to its former joint-venture partner. Botswana Diamonds bought the Russian miner out for a"nominal sum" and now owns the asset outright, it said in a statement Thursday.Another large diamond producer with "new ideas" that is "keen to find newkimberlites" in the African country is close to acq...Read More