* Carney: BoE to give whatever help it can if no-deal Brexit * Limits to ability of bank to support economy - Carney * BoE to speed up liquidity operations around Brexit date * Some MPC members sound cautious about post-Brexit response (Adds comments, background)By William Schomberg and David MillikenLONDON, Feb 26 (Reuters) - Bank of England Governor MarkCarney said on Tuesday the BoE would proba...Read More
Canada's Barrick Gold's (TSX:ABX)(NYSE:GOLD) hostile $17.8 billion bid for rival Newmont Mining (NYSE:NEM) could free up a group of assets the combined company would no longer consider key, such as their Kalgoorlie super pit 50/50 joint-venture in Western Australia.After launching the offer on Monday, Barrick chief executive officer Mark Bristow said he had already been contacted by parties that...Read More
Canada's Barrick Gold's (TSX:ABX)(NYSE:GOLD) hostile $17.8 billion bid for rival Newmont Mining (NYSE:NEM) could free up a group of assets the combined company would no longer consider key, such as their Kalgoorlie super pit 50/50 joint-venture in Western Australia.After launching the offer on Monday, Barrick chief executive officer Mark Bristow said he had already been contacted by parties that...Read More
* FTSE 100 down 0.5 pct * FTSE 250 up 0.1 pct * Ocado surges on JV talks with M&S * Metro Bank slumps after cash call * Fresnillo falls after profit slump * Travis Perkins jumps after results (Changes analyst comment, updates to closing prices)By Shashwat Awasthi and Muvija MFeb 26 (Reuters) - Britain's FTSE 100 fell on Tuesday asminer Fresnillo slumped after poor results and the sterlingralli...Read More
Shares in Mexico-focused precious metals miner Fresnillo (LON:FRES) took a hit Tuesday after the company warned of possible lower prices, higher inflation and worsening foreign exchange rates in 2019.The company also disappointed investors by missing its long-term production target of 65 million ounces of silver, due mainly to lower than expected grades at its Fresnillo and Saucito mines.There we...Read More
Shares in Mexico-focused precious metals miner Fresnillo (LON:FRES) took a hit Tuesday after the company warned of possible lower prices, higher inflation and worsening foreign exchange rates in 2019.The company also disappointed investors by missing its long-term production target of 65 million ounces of silver, due mainly to lower than expected grades at its Fresnillo and Saucito mines.There we...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata") announces that it will be demonstrating the UV350 at the International Wireless Communication Expo (IWCE) in Las Vegas March 6th and 7th at the Uniden Cellular booth #648.Additionally, a global Land Mobile Radio (LMR) and leading Push-To-Talk (PTT) software provider will highlight the innovative in-...Read More
Kirkland Lake Gold has boosted its 2019 production guidance on the back of strengthening mineral reserves at its Fosterville gold mine.Read full newsRead More
"The first shipment of silver-lead-gold concentrate from Hellyer Gold Mines has successfully made its way to Korea. https://t.co/w716R93kMQ #silver #gold #HellyerGoldMines"Read full newsRead More
"$HSII - Heidrick & Struggles International, Inc.'s (HSII) CEO Krishnan Rajagopalan on Q4 2018 Results - Earnings Call Transcript https://t.co/2HosUVReIn"Read full newsRead More
"$SIRI - Sirius XM Holdings Inc. (SIRI) Presents at Morgan Stanley Technology, Media & Telecom Conference (Transcript) https://t.co/MNykLiZw5N"Read full newsRead More
Mining Stocks BookA review on the e-book Mining Stocks Guide.Mining Stock Investment Guide ReviewNew to the Sector? This is the Resource You've Been Looking ForThe Mining Stocks Investor Guide (MSIG) is a must-read for those who are new to the mining sector. In fact, in all my reading I haven't found another book that summarizes each of the primary topics associated with mining stocks investment l...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average trimmed its gains to close modestly higher Monday after Donald Trump said he would delay increasing tariffs on China-made goods.General Electric Co. (GE) will sell the biopharma portion of its life sciences business to Danaher Corp. (DHR) for $21.4 billion in cash. GE shares jumped 6.4%. Swiss p...Read More
The No. 2 copper scrap discount for China has widened notably in February mainly on increased scrap availability after a rebound in the copper price, while the industry is still lobbying with the government to avoid a total scrap ban that could happen as soon as 2021.Fastmarkets assessed the discount for birch and cliff scrap of 94-96% copper content on a cif China basis at 28-34 cents per lb this...Read More
Base metals prices on the London Metal Exchange were predominantly higher at the close of trading on Monday February 25, with investor attention diverted amid a more than 2% tumble in oil futures over the afternoon, while US-China trade talks continue to act as a strong tailwind for prices. Leading the complex higher over the afternoon, the three-month tin price increased by more than 1% over the...Read More
A flurry of fresh cancellations in LME copper this month has left market participants questioning the metal's depleting exchange inventories.Declining London Metal Exchange stocks have seen copper's three-month price surge above $6,500 per tonne this morning, its highest level since July 2018. Stock movements have predominantly taken place across US locations in February, allowing t...Read More
Prices in China for imports of 37% manganese ore fell over the week ended Friday February 22, with some buyers resisting recent rises in offer prices.Low-grade ore price fallsHigh-grade ore price ticks upwardUS prices of FeMn 78% and SiMn edge upwardSiMn price in China fallsAlloy prices stable in Europe and India.Fastmarkets' index price for 37% manganese ore, cif Tianjin, fell by $0.13 per dry me...Read More
A wave of restocking by Chinese ferro-chrome producers has prompted a jump in UG2 chrome ore prices. UG2 chrome ore prices rise in China Spot domestic ferro-chrome prices edge up in China Alloy prices hold up in Japan, South Korea Alloy prices inch higher in Europe US prices stable amid inactivity.UG2 chrome ore prices jumped in China on Friday February 22 amid a wave of restocking by domestic fer...Read More
Nyrstar's non-executive director Jes??s Fernandez has resigned his post in order to represent its major shareholder Trafigura in restructuring talks, the company said today February 25.Fernandez, who is Trafigura's head of mergers and acquisitions has been a board member since April 2016."Fernandez and Trafigura have agreed with Nyrstar that it would promote clarity around that process...Read More
The Chinese antimony market remained quiet amid sparse buying interest during the week ended Friday February 22.Fastmarkets assessed the price for MMTA standard-grade II antimony, delivered duty-paid in China, at 48,500-49,500 yuan ($7,231-7,380) per tonne on February 20, unchanged since January 16.The Chinese antimony market has shown limited trading activity since downstream consumers maintained...Read More