Brucutu, which has an annual capacity of 30 million tonnes of iron ore, is Brazil's second largest mine, behind Vale's Caraj??s.Read full newsRead More
• A modest USD uptick keeps a lid on the attempted recovery move. • Fading safe-haven demand further collaborates towards capping gains. Gold surrendered a major part of its early modest gains and is currently placed in the neutral territory, around the 1313-12 region. The precious metal did attempt to build on the previous session's late rebound...Read More
A report made public today by Rapaport reveals that polished-diamond prices softened in January, with 1-carat stones falling by 0.4% last month and 1.8% compared to January 2018, while 3-carat gems fell by 1.8% last month and 5.9% compared to last year.Smaller diamonds saw a less steep decline in prices as 0.5-carat rocks fell by 0.3% in January 2019 and 0.1% when compared to last year, and 0.3-ca...Read More
A report made public today by Rapaport reveals that polished-diamond prices softened in January, with 1-carat stones falling by 0.4% last month and 1.8% compared to January 2018, while 3-carat gems fell by 1.8% last month and 5.9% compared to last year.Smaller diamonds saw a less steep decline in prices as 0.5-carat rocks fell by 0.3% in January 2019 and 0.1% when compared to last year, and 0.3-ca...Read More
How you can transform lagging indicators into leading indicators.Despite the strong January kick-start to 2019, many investors are still apprehensive of what's to come, especially considering some of the latest market-moving events -- think Fed policy announcements, U.S.-China trade negotiations, and earnings season, to start.While it's certainly no crystal ball, becoming familiar with the various...Read More
(Corrects reference to iron ore production in paragraphs 7 & 9) * April-Dec net profit grows 6 pct y/y to record 442 bln yen * Books impairment losses on Olam, Chilean iron ore mines * Keeps full-year profit forecast of record 640 bln yen By Yuka ObayashiTOKYO, Feb 5 (Reuters) - Japan's biggest trading houseMitsubishi Corp on Tuesday posted a 6 percent rise inits April-December net profit than...Read More
* Vale ordered to shut iron ore tailings dams in Brazil * Vale produces most of its nickel outside Brazil * Analysts say nickel's gains on Vale disaster overdone (Adds closing prices)By Maytaal AngelLONDON, Feb 5 (Reuters) - Nickel prices fell on Tuesday astraders took profits after betting the metal up to four-monthhighs in the previous session on concerns that Brazilian minerVale could be forced...Read More
Lara Exploration (TSXV: LRA) announced this week that it signed a Definitive Agreement granting Capstone Mining (TSX:CS) an exclusive option to earn up to a 70% interest in the Planalto copper project, located in the Caraj??s province in northern Brazil.In a press release, the companies stated that under the terms of the agreement, Capstone has to pay Lara $200,000 following the receipt of a drill...Read More
Lara Exploration (TSXV: LRA) announced this week that it signed a Definitive Agreement granting Capstone Mining (TSX:CS) an exclusive option to earn up to a 70% interest in the Planalto copper project, located in the Caraj??s province in northern Brazil.In a press release, the companies stated that under the terms of the agreement, Capstone has to pay Lara $200,000 following the receipt of a drill...Read More
Lara Exploration (TSXV: LRA) announced this week that it signed a Definitive Agreement granting Capstone Mining (TSX:CS) an exclusive option to earn up to a 70% interest in the Planalto copper project, located in the Caraj??s province in northern Brazil.In a press release, the companies stated that under the terms of the agreement, Capstone has to pay Lara $200,000 following the receipt of a drill...Read More
* EconMin says new strategy is key to national prosperity * Proposes investment fund to support core industries * Identifies Siemens, Thyssenkrupp, Deutsche, carmakers(Adds quotes, background)By Paul Carrel and Michelle MartinBERLIN, Feb 5 (Reuters) - Germany's government could takestakes in key domestic companies to prevent foreign takeovers,its Economy Minister said on Tuesday, presenting a mark...Read More
* FTSE 100 up 2 pct * FTSE 250 up 0.8 pct * BP jumps 5.1 pct after Q4 results * Ocado reverses course to be up * Indivior tanks on warning of mkt share losses (Adds analyst comments, updates to closing prices)By Muvija M and Shashwat AwasthiFeb 5 (Reuters) - British blue-chip shares surged to theirhighest in nearly three months on Tuesday as heavyweight BPdoubled its annual profit and miners ralli...Read More
We can certainly point to the drastic appreciation of gold over the last 20 years.Sovereign debt must be a factor in gold's ascendance, too.Apparently, gold purchases are driven more by central bank policy than by economic factors per se.What do 72 countries - including developed nations such as Canada, Australia, Japan, and Sweden; emerging giants such as Argentina, Brazil, Mexico, Nigeria, I...Read More
BlueRock Diamonds (LON:BRD) said Tuesday it had recovered an "exceptional" 8.97-carat stone at its Kareevlei mine, in the Kimberley region of South Africa.It is the second largest stone mined from Kareevlei and the third valued at more than $50,000. The other two were a 7.76 carat stone sold for $10,070 per carat in 2017 and a 10.58 carat diamond sold for $7,047/carat in 2018.The 8.97 carat stone...Read More
BlueRock Diamonds (LON:BRD) said Tuesday it had recovered an "exceptional" 8.97-carat stone at its Kareevlei mine, in the Kimberley region of South Africa.It is the second largest stone mined from Kareevlei and the third valued at more than $50,000. The other two were a 7.76 carat stone sold for $10,070 per carat in 2017 and a 10.58 carat diamond sold for $7,047/carat in 2018.The 8.97 carat stone...Read More
"A Super Bowl blitz of strippers hit Atlanta - 'Everyone's looking at it like it's a gold mine' https://t.co/zGxt5hpF2H"Read full newsRead More
Vancouver, BC - good natured Products Inc. (TSX-V:GDNP) (the "Company" or "good naturedTM"), is pleased to announce that its plant-based products and packaging are now available on RangeMe, an innovative technology platform being adopted by leading North American retailers including Albertsons, Whole Foods, Target, CVS, HEB, Publix, Safeway, Sam's Club and Wegmans.Modeled after modern matchmakin...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average rose Monday. The blue-chip index last week posted gains for the sixth straight week.Clorox Co. (CLX) rose 5.7% after it posted stronger-than-expected fiscal second-quarter earnings and confirmed its full-year profit outlook.Papa John's International Inc. (PZZA) soared 9% aft...Read More
Automaker Ford Motor Co, China's Huayou Cobalt and South Korean battery supplier LG Chem have joined forces in a blockchain project to monitor cobalt supplies from the Democratic Republic of Congo (DRC), an executive at Ford said. Using technology by IBM and overseen by responsible-sourcing group RCS Global, Ford and its partners are working to ensure that the cobalt used in lithium-ion batteries...Read More
Automaker Ford Motor Co has no current plans to take stakes in mining assets or secure direct offtake agreements with mining firms in order to produce batteries for electric vehicles, although it hasn't ruled it out entirely. Ted Miller, senior manager for energy storage strategy and research at the Michigan, US-based company, said Ford had "considered all options" and ultimately opted for a more...Read More