(Kitco News) -While markets continue to enjoy an unprecedented period of lowvolatility, the chief executive officer of one global investment managementfirm warns that investors cannot be complacent.Speaking to Kitco News on the sidelines of the 24th annual InternationalEconomic Forum of the Americas in Montreal, Canada, Afsaneh Beschloss, founderand CEO of Rock Creek, said that the growing threat...Read More

(Kitco News) - While markets continue to enjoy an unprecedented period of low volatility, the chief executive officer of one global investment management firm warns that investors cannot be complacent.Speaking to Kitco News on the sidelines of the 24th annual International Economic Forum of the Americas in Montreal, Canada, Afsaneh Beschloss, founder and CEO of Rock Creek, said that the growing th...Read More

WASHINGTON (Reuters) - U.S. consumer prices rose marginally in May amid a slowdown in increases in the cost of gasoline and the underlying trend continued to suggest moderate inflation in the economy.The Labor Department's inflation report was published ahead of the start of the Federal Reserve's two-day policy meeting on Tuesday. Steadily rising inflation and a tightening labor market are expecte...Read More

June 12 (Reuters) - Canada's main stock index opened slightly lower on Tuesday, weighed down by losses in energy stocks.* At 9:34 a.m. ET (13:34 GMT), the Toronto Stock Exchange's S&P/TSX Composite index was down 8.57 points, or 0.05 percent, at 16,254.72. (Reporting by Shreyashi Sanyal in Bengaluru; Editing by Anil D'Silva) Disclaimer: The views expressed in this article are those of the aut...Read More

NEW YORK (Reuters) - U.S. Treasury investors are the most polarized in seven weeks ahead of this week's policy meetings of the Federal Reserve and the European Central Bank, a J.P. Morgan survey released on Tuesday showed.The share of investors who said on Monday they are neutral, or holding longer-dated U.S. Treasuries matching their portfolio benchmarks, fell to 43 percent, the lowest since Apri...Read More

DHAHRAN, Saudi Arabia (Reuters) - Saudi Aramco plans to boost investments in refining and petrochemicals to secure new markets for its crude, and sees growth in chemicals as central to its downstream strategy to lessen the risk of a slowdown in oil demand.Aramco, the world’s biggest oil producer, is expanding its footprint globally by signing downstream deals and boosting the capacity of its...Read More

Plus, SAGE stock is soaring after an FDA meetingTwo pharma stocks are making outsized moves in early trading this morning. Both Galmed Pharmaceuticals Ltd (NASDAQ:GLMD) and SAGE Therapeutics Inc (NASDAQ:SAGE) are red-hot on encouraging drug data. Galmed Stock Triples, Notches New Record HighGalmed stock sits on top of the Nasdaq today, up an incredible 221% to trade at $22.65, and earlier to...Read More

Sibanye-Stillwater said on Tuesday mine rescue teams have located the deceased body of the fourth mineworker who died at its Kloof Ikamva shaft and has suspended operations for a day there.Sibanye said on Monday five employees entered an abandoned working place at its Kloof Ikamva mine near Johannesburg and three of them were killed in an incident the company is investigating."Specialised proto te...Read More

Sibanye-Stillwater said on Tuesday mine rescue teams have located the deceased body of the fourth mineworker who died at its Kloof Ikamva shaft and has suspended operations for a day there.Sibanye said on Monday five employees entered an abandoned working place at its Kloof Ikamva mine near Johannesburg and three of them were killed in an incident the company is investigating."Specialised proto te...Read More

ACRX has been on the rise since its mid-March post-earnings bull gapPain specialist AcelRx Pharmaceuticals Inc (NASDAQ:ACRX) is up 3.4% at $3.78 in early trading, after Cantor Fitzgerald initiated coverage on the stock with an "overweight" rating and price target of $6 -- which represents a nearly 59% premium to current levels. The brokerage firm said ACRX stock has been "overlooked by investors,"...Read More

SAN JOSE, Calif. (Reuters) - At its Silicon Valley headquarters, network gear maker Cisco Systems Inc is going to unusual lengths to take control of the relentless increase in its U.S. healthcare costs.The company is among a handful of large American employers who are getting more deeply involved in managing their workers’ health instead of looking to insurers to do it. Cisco last year began...Read More

OTTAWA (Reuters) - Canada’s House of Commons on Monday unanimously condemned the personal attacks on Prime Minister Justin Trudeau by U.S. President Donald Trump and his surrogates as the famously polite nation simmered over the weekend broadsides by its U.S. ally.Lawmakers gave unanimous consent for a motion backing Canadian steel and aluminum, hit by U.S. tariffs, as well as the supply man...Read More

(Kitco News) - Gold pricesare trading near steady or just slightly lower inlate-morning action Tuesday, and have erased most of earlier losses. The yellowmetal is trading back above the key $1,300.00 level. Bargain hunters once againstepped in to "buy the dip" in gold prices. Shorter-term futurestraders are also doing some short covering (the buying back of previously sold,or short posit...Read More

Brazil's President Michel Temer issued Tuesday two decrees introducing key changes to the country's 50-year-old mining regulations, aimed at making the local industry more competitive and sustainable.The changes, announced by MINING.com last week, seek drawing investment to the sector while implementing rules on the collection of higher mining royalties and their distribution.Mining is regulated i...Read More

Brazil's President Michel Temer issued Tuesday two decrees introducing key changes to the country's 50-year-old mining regulations, aimed at making the local industry more competitive and sustainable.The changes, announced by MINING.com last week, seek drawing investment to the sector while implementing rules on the collection of higher mining royalties and their distribution.Mining is regulated i...Read More

Brazil's President Michel Temer issued Tuesday two decrees introducing key changes to the country's 50-year-old mining regulations, aimed at making the local industry more competitive and sustainable.The changes, announced by MINING.com last week, seek drawing investment to the sector while implementing rules on the collection of higher mining royalties and their distribution.Mining is regulated i...Read More

Brazil's President Michel Temer issued Tuesday two decrees introducing key changes to the country's 50-year-old mining regulations, aimed at making the local industry more competitive and sustainable.The changes, announced by MINING.com last week, seek drawing investment to the sector while implementing rules on the collection of higher mining royalties and their distribution.Mining is regulated i...Read More

Brazil's President Michel Temer issued Tuesday two decrees introducing key changes to the country's 50-year-old mining regulations, aimed at making the local industry more competitive and sustainable.The changes, announced by MINING.com last week, seek drawing investment to the sector while implementing rules on the collection of higher mining royalties and their distribution.Mining is regulated i...Read More

(Kitco News) - Kinross Gold Corp (TSX: K; NYSE: KGC) will proceed with theinitial Gilmore expansion project at its Fort Knox mine in Alaska, the companyannounced Tuesday.The initial Gilmore project is expected to extend mining at FortKnox by six years to 2027, and leaching to 2030, at an initial capital cost of$100 million. This is expected to increase life-of-mine production byapproximately 1.5 m...Read More

(Kitco News) - Kinross Gold Corp (TSX: K; NYSE: KGC) will proceed with the initial Gilmore expansion project at its Fort Knox mine in Alaska, the company announced Tuesday.The initial Gilmore project is expected to extend mining at Fort Knox by six years to 2027, and leaching to 2030, at an initial capital cost of $100 million. This is expected to increase life-of-mine production by approximately...Read More