* Indian discounts narrow to lowest in two months* Feb, 10-13 India International Jewellery Show eyed* Japanese dealers offering discounts for second week* Global spot gold prices on track for weekly declineDemand for physical gold in India rose this week as jewellers stocked up for a major exhibition, allowing dealers to cut discounts to the lowest in two months, while the Lunar New Year holiday...Read More
(Changes slug, raises number of those evacuated, adds detailsabout evacuation near ArcelorMittal dam)By Marta Nogueira and Pedro FonsecaBELO HORIZONTE/RIO DE JANEIRO, Feb 8 (Reuters) - Some 700people were evacuated early on Friday from Brazilian towns neartwo separate tailings dams operated by Vale SA andArcelorMittal on mounting fears of a recurrence of lastmonth's deadly dam burst nearby.The col...Read More
(Updates with closing prices)By Peter HobsonLONDON, Feb 8 (Reuters) - Copper was set for a fifth week ofgains on Friday but the rally faltered after U.S. PresidentDonald Trump said he did not plan to meet China's Xi Jinpingbefore a March 1 deadline for the two countries to achieve atrade deal.The news reignited concern that the U.S-Chinese row willworsen, damaging the already weakening global econ...Read More
"#MiningIndaba2019 is done after a jam-packed few days in Cape Town. You can find our extensive coverage of Friedland, Bristow and rest here: https://t.co/gMzXLMdRso"Read full newsRead More
Zinc has been on the climb this year, defying broader macroeconomic gloom and a ...Read full newsRead More
Zinc has been on the climb this year, defying broader macroeconomic gloom and a ...Read full newsRead More
The race for marijuana profits is on... and one up-and-comer is taking the "Buffett" approach to profits.The race for marijuana profits is on. Marijuana presents one of the most lucrative investing opportunities of the modern age - millionaires have been made many times over, and by finding the right stock at the right time, it's still possible for investors to cash in on these "first wave" profit...Read More
About 700 people were evacuated on Friday from two different towns in the Brazilian state of Minas Gerais where a dam collapse last month killed at least 157 people, with nearly 200 still missing and feared dead.Brazilian mining giant Vale (NYSE:VALE) evacuated around 500 residents from a rural town near its Gongo Soco mine's dam, by order of the country's mining agency (ANM) after local consulti...Read More
McEwen Mining Inc. (MUX) (MUX.TO) is pleased to report that construction of the Gold Bar Mine in Nevada's prolific Battle Mountain-Cortez Trend is nearing completion, just 14 months after breaking ground in November 2017.The project is tracking on our original capital cost estimate of $81.4 millionRead full newsRead More
Total holdings of gold in gold-backed ETFs grew for the fourth straight month in January.Total holdings have not been this high since March 2013.Total holdings in global gold-backed ETFs finished $100.6 billion in 2018.By SchiffGold Total holdings of gold in gold-backed ETFs grew for the fourth straight month in January. Globally, ETFs added 72 tons of the yellow metal to their holdings last month...Read More
Windfall gold project in Quebec tops list and Global Atomic Corp's uranium project in Niger comes in second.Read full newsRead More
Windfall gold project in Quebec tops list and Global Atomic Corp's uranium project in Niger comes in second.Read full newsRead More
"$BBT - BB&T's (BBT) CEO Kelly King on BB&T and SunTrust announce a Transformational Merger of Equals to Create The Premier Financial Institution - Transcript https://t.co/I69P9SaWGj"Read full newsRead More
After the market rout in late 2018, our Market Maps report for January showed a strong rebound in a wide range of risk-on assets.The rise was almost a mirror image of December's falls.But one anomaly in the abrupt change from risk-off to risk-on was gold.By Philip Lawlor, managing director, global markets research After the market rout in late 2018, our Market Maps report for January showed a...Read More
"Great Southern Mining (ASX:GSN) has identified a large copper-gold porphyry system at its Edinburgh Park project in Queensland. https://t.co/6QW3VOjQNS #GreatSouthernMining #copper #gold #australia #investing #INN"Read full newsRead More
"CEO Interview - Golden Predator CEO Janet Lee-Sheriff: First Nation Community Engagement Key to Project Success https://t.co/8Stjwvzjmf @GPY_3Aces #JanetLeeSheriff #preciousmetals #gold #yukon #investing #INN"Read full newsRead More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average tumbled Thursday on concerns over slowing global growth and chances for a U.S.-China trade deal.SunTrust Banks Inc. (STI) and BB&T Corp. (BBT) agreed to merge in a $66 billion all-stock deal that will create the sixth-biggest commercial bank in the United States.Twitter Inc. (TWTR)...Read More
Base metals prices on the London Metal Exchange were collectively lower at the close of trading on Thursday February 7, with low volumes and limited buying interest due to the Lunar New Year public holiday in China, while the strength of the US dollar deterred investment.Aluminium futures continued to trade against positive fundamentals in the day's trading, falling below the support level of $1,9...Read More
Comex copper prices rallied for the third straight session on Thursday February 7 with the market growing more optimistic on the red metal's prospects through the first quarter. The copper price for March settlement on the Comex division of the New York Mercantile Exchange gained 1.05 cents to $2.8470 per lb. Market activity remains stunted with Chinese participants sidelined due to the Lunar New...Read More
Fastmarkets is proposing to amend its weekly London Metal Exchange warrant premiums coverage across the entire base metals asset class. As part of the proposal, Fastmarkets intends to move the publication date for its LME warrant premiums to Wednesday 3-4pm London time from Tuesdays 3-4pm currently. In addition, Fastmarkets proposes to publish a new LME warrant premiums table separate from the mai...Read More