It's not a big deal; only around $350m, but the Oz Minerals bid for Avanco Resources is another sign that quality assets can command a premium in a copper market hungry for new supply.Glencore owns 8% which sets up the tantalizing, albeit slim, prospect of a counter offer from the world's number three copper producerOz Minerals' cash and shares offer on Tuesday was made at a 121% premium to the ru...Read More

It's not a big deal; only around $350m, but the Oz Minerals bid for Avanco Resources is another sign that quality assets can command a premium in a copper market hungry for new supply.Glencore owns 8% which sets up the tantalizing, albeit slim, prospect of a counter offer from the world's number three copper producerOz Minerals' cash and shares offer on Tuesday was made at a 121% premium to the ru...Read More

Microsoft was the worst Dow stock today, offsetting a big day for GEThe Dow finished over 300 points lower, reversing course after trading up as much as 244 points. The blue-chip benchmark appeared poised to extend Monday's gains on a big day from General Electric (GE), but ultimately was burned in afternoon trading by a severe drop in tech stocks. The tech-rich Nasdaq fared even worse than the...Read More

WASHINGTON (Reuters) - President Donald Trump said on Tuesday that special legal status for certain immigrants from Liberia, including Temporary Protected Status or Deferred Enforced Departure, will end on March 31, 2019.“Liberia is no longer experiencing armed conflict and has made significant progress in restoring stability and democratic governance,” a White House memorandum quoted...Read More

NEW YORK (Reuters) - When it comes to investing in the U.S. healthcare sector, it has paid off big to bet on smaller stocks.So far this year, the healthcare sector within the small-cap S&P 600 .SPSMCA has gained about 14 percent as investors point to a boost from an expected pick-up in deal-making. Those gains far outpace the 1.5 percent decline for the healthcare sector within the S&P 500...Read More

(Kitco News)- Bitcoin’s fall below $8,000 on Tuesday, hitting atwo-week low, could reignite interest in the silver market, according to onecommodity analyst. Andrew Hecht, creator of the Hecht Commodity report wrotein a recent post on seekingalpha.com that one of the reasons why silverunderperformed within the precious metals sector, is because it faced toughcompetition from cryptocurrencies...Read More

(Kitco News) - Bitcoin’s fall below $8,000 on Tuesday, hitting a two-week low, could reignite interest in the silver market, according to one commodity analyst. Andrew Hecht, creator of the Hecht Commodity report wrote in a recent post on seekingalpha.com that one of the reasons why silver underperformed within the precious metals sector, is because it faced tough competition from cryptocurr...Read More

By Oliver GriffinShares in Rio Tinto PLC rose on Tuesday after the company said that it has sold its entire stake in the Kestrel coal mine in Queensland, Australia, for $2.25 billion. The dual-listed mining company said it sold all of its 80% stake in the Kestrel mine to a consortium comprising of private equity manager EMR Capital and Indonesian coal company Adaro Energy. In 2017 the Kestrel min...Read More

Stephanie NebehayGENEVA (Reuters) - Senior North and South Korean parliamentarians shook hands and shared a toast to “peace” with Swiss wine on Tuesday, a Reuters witness said, in a rare gesture of friendship suggesting relations between their two countries are thawing.South Korean MP and politician Young Chin shook hands with Ri Jong Hyok, director of North Korea’s National Reun...Read More

(Reuters) - Wall Street gave up gains on Tuesday with technology stocks pulling the S&P 500 and the Nasdaq into negative territory.Stocks seesawed earlier in the session on the heels of their best gains in 2-1/2 years on Monday as trade war fears eased.White House trade adviser Peter Navarro confirmed on Monday that top Trump administration officials have asked China to cut tariffs on imported...Read More

David ShepardsonNEW YORK (Reuters) - Facebook Inc Chief Executive Mark Zuckerberg plans to testify before U.S. Congress, a source briefed on the matter said on Tuesday, as he bows to pressure from lawmakers insisting he explain how 50 million users’ data ended up in the hands of a political consultancy.Lawmakers in the United States and Europe are demanding to know more about the company&rsq...Read More

NEW YORK (Reuters) - Maziar Hashemi, a naturalized U.S. citizen who lives in Massachusetts, has been told by doctors that his best hope for surviving a rare form of blood cancer is a bone marrow transplant.President Donald Trump’s travel ban could make that impossible.Bone marrow transplants require a close match between donor and recipient. A few months after his diagnosis last September, H...Read More

(Reuters) - The U.S. apartment vacancy rate continued its steady climb, rising marginally in the first quarter from the fourth, real estate research firm Reis Inc (REIS.O) said in a report.The national apartment vacancy rate rose to 4.7 percent in the first quarter from 4.6 percent in the previous quarter, with 49 of 79 metros reporting a rise in vacancy, Reis said.“The apartment market slow...Read More

Elecosoft PLC (LON:ELCO) shares jumped 5.8% to 54p in late-afternoon trading as the software company hiked its final dividend.The AIM-listed firm proposed a final dividend of 0.4p for 2017, compared with 0.25p paid the year before, taking its total dividend for the year up 50% to 0.6p, having paid a dividend of 0.4p for 2016.Pre-tax profits were also up 53% to ?2.3mln on revenue increases of 12%...Read More

ROME (Reuters) - Italy’s anti-establishment 5-Star Movement, the largest party in parliament after this month’s election, should try to form a government with its far-right rivals the League, two of its senior politicians said on Tuesday.The election produced a hung parliament and 5-Star has said it is willing to talk to all parties in parliament to try to form a government. However, t...Read More

Gold ETF technically confirms immediate-term breakout signal.A majority of gold's five supporting technical factors still in place.Interest rate factor also remains supportive in the near term.It was another productive day for gold as the yellow metal rallied impressively despite Monday's strong technical bounce in the stock market. In today's commentary we'll examine the continued improvement...Read More

Centenera Mining Corporation ("Centenera" or the "Company") - (TSXV:CT) (OTCQB:CTMIF) announces a non-brokered private placement (the 'Financing') of up to 16,666,667 Units priced at $0.18 per Unit to raise aggregate gross proceeds of up to $3.0 million.Read full newsRead More

(Kitco News)- Investors are breathing a sigh of relief after Monday’sacross-the-board 2% rally in equity markets, but one Canadian bank warned thattechnical indicators don’t support higher prices in the long term.“Distribution forces appear more dominant as global equitiesare showing negative reversals below technical support levels on heaviervolume,” Sid Mokharti, technica...Read More

(Kitco News) - Investors are breathing a sigh of relief after Monday’s across-the-board 2% rally in equity markets, but one Canadian bank warned that technical indicators don’t support higher prices in the long term.“Distribution forces appear more dominant as global equities are showing negative reversals below technical support levels on heavier volume,” Sid Mokharti, tec...Read More

(Reuters) - The S&P 500 and the Dow rose on Tuesday, led by gains in industrial and consumer staple shares, while weakness in technology stocks dragged down the Nasdaq.Stocks have been volatile in the session after the main U.S. indexes notched their best day in 2-1/2 years on Monday on waning concerns of a trade war between the United States and China.“Right now, the biggest driver in t...Read More