* Stock markets fall amid gloomy trade outlook* Investors have pulled large investments out of oil* IEA boss warns oil markets face "unprecedented uncertainty"* U.S. crude stocks likely up for 9th week -poll* U.S. crude oil stocks unexpectedly fall 1.5 mln bbls-API (Adds API data)By Devika Krishna KumarNEW YORK, Nov 20 (Reuters) - Oil prices tumbled more than 6 percent on Tuesday in heav...Read More
* Apple leads global tech stock shakeout* European auto stocks hit on Ghosn arrest* Weak U.S. home builder sentiment hits dollar* Oil falls half a percent on global economic worries* Markets no longer pricing in ECB rate hike in 2019* Graphic: World FX rates in 2018 http://tmsnrt.rs/2egbfVhBy Abhinav RamnarayanLONDON, Nov 20 (Reuters) - World stock markets fell on Tuesday as worries over softening...Read More
MUMBAI, Nov 20 (Reuters) - The Reserve Bank of India's decision to allow lenders more time to adhere to additional capital buffer norms under Basel 3 is credit negative for the country's state-run banks, Moody's Investors Service said in a release on Tuesday.The RBI after a nine-hour marathon board meeting announced late Monday that it has extended the timeline for Indian banks to set aside an add...Read More
Investing.com - Gold prices were on track for a sixth-straight session of gains on Tuesday as a string of dovish remarks from Federal Reserve policymakers and an equity selloff supported the precious metal.At 9:13 AM ET (14:13 GMT), gold futures for December delivery on the Comex division of the New York Mercantile Exchange edged forward $1.10, or 0.09%, to $1,226.40 a troy ounce.The recent winnin...Read More
The company has completed the Chinese State Administration of Foreign Exchange (SAFE) registration, a three-pronged process that took place over the past two months.Nevsun said Tuesday the SAFE registration was the last Chinese regulatory condition which, together with Investment Canada Act approval received last month, rendered both regulatory conditions met.According to Nevsun, which operates 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 mineralsThe PLP has finalised a right-of-way agreement with the Alaska Peninsula Corporation (APC) that secures the...Read More
It is very difficult to pick exact bottoms but there are many tools we can use to help us pinpoint potential bottoms.You don't hear technical analysts talk about fundamentals but we do for a reason. Major shifts in the primary trend are supported by fundamental shifts, though they can be very hard to spot until after the fact.Because of our extensive study of history, we are convinced that preciou...Read More
Broda said BHP could get "first-mover advantage into the next cycle" if it sticks to its new framework."We therefore see BHP as likely much more active in M&A going forward, especially should the target have high-quality growth options," he said.The major's CFO Peter Beaven summarised the plan as looking earlier at possible big plays."We could lose all our investment on these if, for instance,...Read More
It reported a loss after tax of US$2.2 million for the three months to September 30, down from the $1.4 million loss a year ago, but an improvement on the previous quarter's loss of $3.2 million.This translated to a 0.3c loss per share, steady on the year, but an improvement on the June quarter's 0.5c/share loss.Revenue for the quarter was $9 million, 23% higher on the year and up 11% from the Jun...Read More
PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedWhile there are no assays at this stage, the two widely spaced diamond holes intersected several zones of secondary copper and narrow veins starting just below surface.The company said it opened up the potential of the wider T20 project, which covers around 3350sq.km.PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limit...Read More
PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedLast week's Asia CESCO conference in Shanghai was expected to throw some light on the contradictions in the market for copper, arguably the most important metal in the global economy because of its widespread uses in everything from electronics to construction.But anyone expecting a clear picture at the event organised by a Chilean...Read More
CALGARY, Alberta, Nov.21, 2018(GLOBE NEWSWIRE) -- Copper Fox Metals Inc. ("Copper Fox" or the "Company") (TSX-V: CUU - OTC-Pink: CPFXF) and its wholly owned subsidiary, Desert Fox Copper Inc. ("Desert Fox"), are pleased to provide the analytical results for the Phase-1 sampling program on its 100% owned Mineral Mountain copper project located approximately 15 miles east of Florence, Arizona (see...Read More
By Tina LetoThe odds seem to be against uranium. Fukushima's nuclear power plant is still disabled; the U.S. Supreme Court seems to be leaning towards staying Virginia's moratorium on uranium mining, and projects such as Berkeley Energ?-a's Salamanca mine in Spain are facing major opposition.So, why mine uranium and why now?The answer is quite simple, actually. There is increased demand, and, afte...Read More
Canada's Nevsun Resources (TSX, NYSEMKT:NSU) said Tuesday that Zijin Mining had received approval from Chinese and Canadian authorities for its proposed friendly $1.41 billion-takeover bid of the Vancouver-based miner.Both the go-ahead granted by China's State Administration of Foreign Exchange (SAFE) and the support by the Canadian Investment Canada Act (ICA), said Nevsun, were the final regulat...Read More
* RBI to extend capital conservation buffer deadline for banks* RBI agrees on restructuring of loans to small firms -sources* RBI board meeting was cordial and satisfactory -sources* Meeting follows public rift between cenbank, govt (Updates to add detail, quotes, background)By Suvashree Choudhury and Manoj KumarMUMBAI/NEW DELHI, Nov 19 (Reuters) - The board of India's central bank advised it to a...Read More
* OPEC expected to cut supply to prevent glut* Russia says it will discuss deal with OPEC on Dec. 6* EU endorses France's Iran sanctions -diplomats* U.S. oil drilling points to more output: https://tmsnrt.rs/2Q97LFW (Updates with settlement prices)By Jessica Resnick-AultNEW YORK, Nov 19 (Reuters) - Crude futures rose ahead of settlement in choppy trade on Monday, supported by a reported drawdown o...Read More
Nov 19 (Reuters) - Indian shares ended higher on Monday as investors awaited an outcome of a central bank board meet with the government on key issues related to liquidity, lending rules for banks and handing over surplus reserves to the government.The broader NSE index .NSEI closed 0.76 percent higher at 10,763.40, while the benchmark BSE index .BSESN rose 0.9 percent to close at 35,774.88. Both...Read More
(For a live blog on European stocks, type LIVE/ in an Eikon news window)LONDON, Nov 19 (Reuters) - European shares started the week on the front foot, against spreadbetters' early expectations for a fall, as signs of an easing in U.S.-China trade war tensions boosted mining and technology stocks.Miners drove the lion's share of gains in Europe, with the basic resources sector .SXPP up 1.2 percent...Read More
Graceland Updates 4am-7amhttps://www.gracelandupdates.comhttps://gracelandjuniors.comhttps://gudividends.com|https://guswinger.com https://gublockchain.comEmail:stewart@gracelandupdates.comstewart@gracelandjuniors.comstewart@gudividends.comstewart@guswinger.comadmin@gublockchain.comNovember 20, 20181. After breaking upside from a double bottom pattern, gold continues its solid price action. M...Read More
Analysis from RFC Ambrian shows that there have been 325 copper M&A deals worth more than US$10 million in the past decade, with a combined value of $88.8 billion.Operating mines accounted for 92 deals worth $45.3 billion, construction projects with 31 deals worth $31.6 billion, feasibility projects accounted for 89 projects totalling $23.6 billion, and exploration projects made up 104 deals w...Read More