Newstrike Resources Ltd. (TSXV:HIP) is attempting to merge with CanniMed Therapeutics, which is being pursued by Aurora CannabisSmallCapPower | January 8, 2018: Newstrike Resources Ltd. (TSXV:HIP), a Canadian marijuana stock, climbed 40% to $1.51 on Friday after announcing that it has received approval from Health Canada to sell cannabis in dried marijuana form. The Company had received its cultiv...Read More

The board of directors of Equinox Gold Corp. (TSXV: EQX,OTC: LWLCF) has approved full-scale construction of the Aurizona Gold Mine inBrazil, with the cost estimated at $146 million, the company says. Early-worksconstruction began in the third quarter, and the company’s timetable calls fora gold pour by late 2018. “This will be a milestone year for Equinox Gold as weadvance Aurizona and...Read More

* Euro takes a breather after run higher* Speculators raise COMEX gold net longs* GRAPHIC-2018 asset returns: (Updates prices; adds analysts comments, NEW YORK dateline)By Renita D. Young and Jan HarveyNEW YORK/LONDON, Jan 8 (Reuters) - Gold edged lower on Monday, retreating further from last week's 3-1/2-month high as the U.S. dollar regained some ground against the buoyant euro and traders bet o...Read More

European antimony prices have started the year on a positive note with prices edging up slightly for both grades amid a tightening market.Metal Bulletin assessed MMTA standard grade II antimony in-warehouse Rotterdam prices at $8,000-8,350 per tonne on Friday January 5, stable from Wednesday's assessment when prices had increased from $7,950-8,300 per tonne.Trioxide grade antimony prices in-wareho...Read More

(Kitco News) - Gold prices are modestly lower in early U.S. trading Monday. Some profit-taking andchart consolidation are featured, which is not unexpected after recent goodgains that pushed prices to a 3.5-month high last week. February Comex gold waslast down $3.50 an ounce at $1,318.80. March Comex silver was last down $0.13at $17.155 an ounce.Worldstock markets were mixed to firmer in quieter...Read More

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* Graphic: sterling and gilt yields * Graphic: World FX rates in 2018 * Graphic: Trade-weighted sterling since Brexit vote By Jemima KellyLONDON, Jan 8 (Reuters) - Sterling climbed to a three-week high against a broadly weaker euro on Monday, after a cabinet reshuffle alleviated a little of the political uncertainty that has pressured the UK currency in recent months.Prime Minister Theresa May nam...Read More

China's silicon prices rose in Metal Bulletin's assessment last week despite limited trading activities in the spot market following the New Year holiday. China's grade 553 silicon metal, basis 98.5%, export price leapt to $1,880-1,950 per tonne on Friday January 5, up 4.4% from the previous assessment. Spot availability has been tightened since November when refineries in southern China clos...Read More

ABUJA, Jan 8 (Reuters) - Nigeria's foreign reserves reached $40.4 billion as of Jan. 5, an increase of roughly $1 billion from December, the central bank said on Monday.Successful debt sales, including multiple Eurobond offerings last year, have helped the government accrue billions of dollars in foreign reserves, although they remain far from the peak of $64 billion in August 2008.In its statemen...Read More

(Kitco News) - A famous and likely the most expensive bottle of vodka made out of gold, which appeared on one of the ‘House of Cards’ episodes, was stolen from a bar in Copenhagen last week.But, as it turned out, the thief was only after the alcohol, as the bottle itself was found discarded three days later.The unique Russo-Baltique bottle — worth about $1.3 million — is ma...Read More

* S&P, Dow lower as healthcare, bank stocks drag* Dollar index hits one-week high as euro falters* U.S. bond prices gain ahead of auctions (Updates with early U.S. market activity, changes dateline, byline)By Caroline ValetkevitchNEW YORK, Jan 8 (Reuters) - The dollar hit a more than one-week high against a basket of currencies and the euro eased on Monday, while U.S. stocks were little change...Read More

Turkish steel mills returned to the deep-sea scrap markets willing to pay higher prices on Monday January 8.Metal Bulletin's daily index for Northern European HMS 1&2 (80:20) closed the day at $368.20 per tonne cfr, up by $6.58 per tonne.The daily index for US-origin scrap closed at $378.85 per tonne cfr. Up by $9.34 per tonne, putting the premium for US material...Read More

(Adds central bank comments)BUCHAREST, Jan 8 (Reuters) - Romania's central bank began raising interest rates for the first time in a decade on Monday, in an effort to curb inflation, now above its 2017 forecast.The bank raised its benchmark rate by a quarter point to 2.0 percent, becoming the second of the European Union's central and eastern states to start tightening from record low levels, aft...Read More

* Euro falls as investors take profits* Bitcoin drops as South Korea reviews accounts (Updates prices and market activity to U.S. market open; new byline, changes dateline; previous LONDON)By Saqib Iqbal AhmedNEW YORK, Jan 8 (Reuters) - The dollar hit a more than one-week high against a basket of other major currencies on Monday, helped by a pullback in the euro as investors took profits after the...Read More

Turkish domestic scrap prices increased in line with rising imported scrap values on Monday January 8.The majority of Turkish steel producers raised their auto bundle (DKP grade) scrap purchasing prices over the past week.Alloy long steel mill Asil ??elik raised its buy price to TRY1,370 ($366) per tonne delivered, while long and flat steel producer ??olakoglu increased its price to TRY1,340...Read More

* Workers strike at firms including Porsche, MAN* More than 15,000 have taken part in stoppages so far* IG Metall union plans further strikes on Tuesday* Next round of talks with employers start on Thursday* German economy buoyant, record numbers in work (Adds employers' association head, more strike participants)DUESSELDORF/HAMBURG, Jan 8 (Reuters) - Thousands of German workers staged strikes at...Read More

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Benton (TSXV: $BEX.V) Receives Permit for Airborne Survey on the GNP Gold Project, Newfoundland Thunder Bay, Ontario - January 8, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Benton Resources Inc. (TSXV: BEX) ("Benton" or "the Company") would like to...Read More

Stocks turned mixed on Monday, Jan. 8, as investors held back from extending the recent global market rally following the best start to a new year in more than a decade. The Dow Jones Industrial Average fell 57 points, or 0.2%, while the S&P 500 slipped 0.11%. The Nasdaq traded up slightly after tumbling earlier. The moves pared gains from earlier in the premarket session that ...Read More

Investors Free Sign UpMember LoginBecome a MemberNews FeedsSubmit NewsEditor's PicksVideoPodcastsWine Down CornerCompaniesMarketplaceShop Metals Creek Resources Corp. (TSXV: $MEK.V) Receives Airborne EM/MAG Permit on Great Brehat Project, the Great Northern Peninsula, Newfoundland. Toronto, Ontario - January 8, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Metals Creek Resources Corp. (T...Read More

U.S. equity futures slipped into negative territory Monday, while gains for European stocks eased, as investors held back from extending the recent global market rally following the best start to a new year in more than a decade. Contracts tied to the Dow Jones Industrial Average were marked 21 points, or 0.08%, to the downside while those tied to the S&P 500 were edged 5.25 points, or...Read More