Investing.com - This week investors will be focusing their attention on Friday’s planned meeting between U.S. President Donald Trump and his Chinese counterpart Xi Jinping at the upcoming G20 summit.Market watchers are hoping that talks between the pair could lead to a ceasefire in the trade war between Washington and Beijing.Investors will also be awaiting the release of the minutes from th...Read More
DR Congo: Is government intervention the real risk to watch?SPONSOREDverisk maplecroftMahenge the Cinderella of the graphite space?SPONSOREDblack rock miningSky is the limit for BSK at Amarillo GrandeSPONSOREDblue sky uraniumNew Energy brings experience to new dawnSPONSOREDnew energy mineralsProductivity - output per worker - matters to an economy because it is the principal driver of income per h...Read More
While not officially scheduled, the presidents are expected to have a one-to-one encounter during the G20 conference of the world's 20 biggest economies being held in Buenos Aires on Friday an...Read More
Lucara sells large diamonds for US$32.5mPrecious stonesDR Congo: Is government intervention the real risk to watch?SPONSOREDverisk maplecroftMahenge the Cinderella of the graphite space?SPONSOREDblack rock miningSky is the limit for BSK at Amarillo GrandeSPONSOREDblue sky uraniumRaw Materials Week is a series of events organised by the European Commission addressing the latest news on raw material...Read More
A study by the University of Alberta revealed that cobalt deposits in the Democratic Republic of Congo are 150 million years younger than previously thought.Using a new rhenium-osmium dating system to examine the 'blue gold' deposits in the African country, researchers Nicolas Saintilan and Robert Creaser demonstrated that cobalt and copper mineralization occurred during a period of mountain buil...Read More
Nov 24 (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
MUMBAI, Nov 24 (Reuters) - India does not need money from the central bank in the next six months, the finance minister said in a TV interview telecast on Friday, rejecting opposition charges the government was seeking access to the bank's reserves to fund schemes ahead of the 2019 general election."I don't need money in the next six months," Finance Minister Arun Jaitley told Times Now...Read More
MUMBAI, Nov 24 (Reuters) - Auction house Sotheby's BID.N has sent its top India executive on a leave of absence pending a probe into anonymous allegations of sexual misconduct.Gaurav Bhatia, the managing director of Sotheby's India, has agreed to take leave of absence as a formal inquiry is underway into anonymous allegations on social media, Sotheby's said in a statement, just days ahead of its f...Read More
* For the week, Brent down 11.3 pct, WTI down 10.8 pct* China's Oct. gasoline exports lowest in 13 mths -customs* World oil supply expected to exceed demand in 2019* Oil price volatility spikes: https://tmsnrt.rs/2DBYUpH* Hedge funds cut net longs in Brent to lowest since 2015 (Updates with settlement prices, ICE (NYSE:ICE) commitment of traders data)By Jessica Resnick-AultBOSTON, Nov 23 (Reuters)...Read More
* Oil prices hit year low* Friday session ends at 1 p.m. ET (1800 GMT)* Rockwell Collins gains as UTX gets China's conditional nod* Indexes down: Dow 0.39 pct, S&P 0.41 pct, Nasdaq flat pct (Updates to open)By Medha SinghNov 23 (Reuters) - U.S. stocks fell on Friday as oil prices slipped to their lowest in more than a year, dragging down energy shares, while investors were nervous ahead of U.S...Read More
* Oil's plunge sends U.S. energy stocks tumbling* S&P 500 index confirms correction territory* Euro set for biggest weekly drop in a month on weak PMIs* European stocks rise as Italian markets rally* Graphic: World FX rates in 2018 http://tmsnrt.rs/2egbfVh (Updates to close of U.S. markets, settlement of oil prices)By April JoynerNEW YORK, Nov 23 (Reuters) - Oil prices plunged on Friday on con...Read More
* Oil's plunge sends U.S. energy stocks tumbling* Euro set for biggest weekly drop in a month on weak PMIs* European stocks edge up as Italian markets rally* Graphic: World FX rates in 2018 http://tmsnrt.rs/2egbfVh (Updates to U.S. market open, changes dateline; previous LONDON)By April JoynerNEW YORK, Nov 23 (Reuters) - Oil prices plunged on Friday on concerns about oversupply, sending world stoc...Read More
Camino Minerals (TSXV: COR) announced this week that it is in the process of completing an extensive surface exploration program on the 20,000-hectare Chapitos copper-gold project in southern Peru.Chapitos is located in the Arequipa province, near the Chala mining hub. This is the Peruvian Iron Oxide Copper Gold belt, which also hosts Minsur's Mina Justa, an open-pit deposit whose output is of 90,...Read More
MUMBAI, Nov 22 (Reuters) - The Indian rupee rose to its highest in almost 12 weeks on Thursday as global oil prices eased further.The rupee INR=D4 strengthened past the psychological 71-to-the-dollar mark, climbing to as much as 70.9175, the highest since Sept. 3 and compared to its previous close of 71.46 on Tuesday. It was trading at 70.93 to the dollar at 1033 GMT.The foreign exchange market wa...Read More
* Trump puts pressure on Saudi Arabia to keep prices down* OPEC to meet on Dec. 6 to discuss supply policy* U.S. drilling, output and storage: https://tmsnrt.rs/2QaaY8q (Adds WTI settle, Brent last trade)By Julia PayneLONDON, Nov 22 (Reuters) - Oil prices dipped on Thursday after U.S. inventories swelled to their highest level since December adding to concerns about a global crude glut but OPEC ta...Read More
* NSE ends 0.7 pct down, BSE 0.6 pct lower* Both indexes post first weekly fall in four weeks* Markets shut on Friday for public holidayNov 22 (Reuters) - Indian shares erased early gains to end lower on Thursday due to broad-based losses across the sectors, with automaker Mahindra and Mahindra Ltd MAHM.NS being the top loser on both the indexes.The broader NSE index .NSEI closed 0.69 percent lowe...Read More
* STOXX 600 down 0.7 pct* Mining stocks tumble 1.6 pct* Italian bank stocks fall just 0.2 pct(Updates prices, adds details, quotes, graphics)By Danilo Masoni and Helen ReidMILAN/LONDON, Nov 22 (Reuters) - European shares resumed their downward trend on Thursday, hit by disappointing earnings updates and falling mining stocks, while the Thanksgiving holiday in the United States kept volumes thin.Th...Read More
* European shares slip as miners, banks and tech stocks falter Pound jumps as London and EU agree key Brexit text* Oil gives up early gains but still well off lows* Dollar slips in Thanksgiving void, rand jumps after rate hike Graphic: World FX rates in 2018 http://tmsnrt.rs/2egbfVhBy Marc JonesLONDON, Nov 22 (Reuters) - Europe's share markets fell back into the red on Thursday, as investor worrie...Read More
Investing.com - Gold prices were little changed on Thursday, consolidating the prior session’s gains in holiday-thinned trade. At 8:24 AM ET (13:24 GMT), gold futures for December delivery on the Comex division of the New York Mercantile Exchange gained $1.00, or 0.08%, to $1,229.00 a troy ounce.Trading was expected to remain muted until Monday due to Thursday's Thanksgiving holiday in the U...Read More
The major silver miners' stocks have been largely abandoned this year, spiraling to brutal multi-year lows. Such miserable technicals have exacerbated the extreme bearishness plaguing this tiny contrarian sector. While profitable silver mining is challenging at today's exceedingly-low silver prices, these miners are chugging along. Their recently-reported Q3'18 results show their earnings ar...Read More