According to BHP Billiton's Andrew Mackenzie, a rise in clean energy won't mean a fall in commodities demand - in fact, he sees a future of prosperity.Read full newsRead More

FTSE 100 closes down around 22ptsMining stocks wanted as dollar retreatsAll eyes and ears on Fed's interest rate decision FTSE 100 closed in the red as sterling  strengthened as traders fret about a potential trade war and ahead of the Fed's interest rate decision.The UK's premier index closed down around 22 points at 7,038, while the FTSE 250 shed over 55 points at 19,668.In curren...Read More

SANTIAGO, Chile (Reuters) - U.S. Treasury Secretary Steven Mnuchin said on Wednesday his agency has worked on U.S. investment restrictions on China for President Donald Trump to consider as part of his decisions on intellectual property actions against Beijing.“We have worked on options for his consideration,” Mnuchin said, referring to Trump.Mnuchin also told Reuters in an interview t...Read More

Simon Johnson, Jussi RosendahlVANTAA, Finland (Reuters) - Informal talks held in Finland between North Korean, South Korean and U.S. delegates ended on Wednesday, the Finnish foreign ministry said, describing the talks as constructive.Some 18 delegates from the three countries, including Choe Kang Il, a deputy director general for North American affairs at North Korea’s foreign ministry, cam...Read More

For now at least, Barrick Gold Corp. seems to have escaped a tax crackdown in Zambia that has embroiled fellow Canadian miner First Quantum Minerals Ltd.That should be welcome news for a company whose news flow has been punctuated with controversy from Tanzania to Argentina and Chile.On Tuesday, First Quantum revealed that the Zambian tax agency reassessed its equipment imports over six years, dem...Read More

For now at least, Barrick Gold Corp. seems to have escaped a tax crackdown in Zambia that has embroiled fellow Canadian miner First Quantum Minerals Ltd.That should be welcome news for a company whose news flow has been punctuated with controversy from Tanzania to Argentina and Chile.On Tuesday, First Quantum revealed that the Zambian tax agency reassessed its equipment imports over six years, dem...Read More

Just a month after selling its South Wawa gold property, Toronto-based Argo Gold (CSE: ARQ) announced that it is selling its Rockstar Gold Property to Manitou Gold (TSXV: MTU).Rockstar is located in Ontario's Sault Ste. Marie Mining Division, 50 kilometres north-northeast of Wawa, and contains six known gold bearing occurrences. The most significant prospects are the Rockstar Prospect and the Trac...Read More

Just a month after selling its South Wawa gold property, Toronto-based Argo Gold (CSE: ARQ) announced that it is selling its Rockstar Gold Property to Manitou Gold (TSXV: MTU).Rockstar is located in Ontario's Sault Ste. Marie Mining Division, 50 kilometres north-northeast of Wawa, and contains six known gold bearing occurrences. The most significant prospects are the Rockstar Prospect and the Trac...Read More

Just a month after selling its South Wawa gold property, Toronto-based Argo Gold (CSE: ARQ) announced that it is selling its Rockstar Gold Property to Manitou Gold (TSXV: MTU).Rockstar is located in Ontario's Sault Ste. Marie Mining Division, 50 kilometres north-northeast of Wawa, and contains six known gold bearing occurrences. The most significant prospects are the Rockstar Prospect and the Trac...Read More

David Chance, Steve HollandWASHINGTON (Reuters) - America’s top trade diplomat is readying a mix of tariffs on Chinese imports and investment restrictions to punish Beijing for its alleged theft of U.S. intellectual property if President Donald Trump gives the go-ahead, a move that could come by Friday.U.S. Trade Representative Robert Lighthizer told the House of Representatives Ways and Mea...Read More

Pete SchroederWASHINGTON (Reuters) - A committee in the U.S. House of Representatives voted Wednesday to name the Federal Reserve as the primary regulator for the “Volcker Rule,” which bars banks from speculative trading.The bill, which was approved by the House Financial Services Committee by a vote of 50 to 10, would name the Fed as the primary Volcker Rule regulator, with the goal o...Read More

(Kitco News)- The gold market pushed to a two-week high, posting its bestgains since last month’s equity market meltdown as the Federal Reservedisappointed U.S. dollar bulls after projecting only three rate hikes this year,according to some analysts.The gold market is trading just down from session highs,benefiting from the fact that the Federal Reserve is in no hurry to raiseinterest rates...Read More

(Kitco News) - The gold market pushed to a two-week high, posting its best gains since last month’s equity market meltdown as the Federal Reserve disappointed U.S. dollar bulls after projecting only three rate hikes this year, according to some analysts.The gold market is trading just down from session highs, benefiting from the fact that the Federal Reserve is in no hurry to raise interest...Read More

The Dow erased a 250-point leadThe Dow was up 250 points soon after the Fed officially raised interest rates and forecast threerate hikes in 2018, as expected, briefly sending the 10-year Treasury yield soaring. The central bank also said "the economic outlook has strengthened in recent months," and raised its projections for the fed funds rate in 2019. However, stocks waffled and eventually turn...Read More

A mixture of cyanide and copper, when irradiated with UV light, could have produced simple sugars that formed the building blocks of life on early Earth. This is according to Harvard graduate student Zoe Todd and Dimitar Sasselov, the Phillips Professor of Astronomy and director of the Harvard Origins of Life Initiative.In a paper published this week in the journal Chemical Communications, the res...Read More

A mixture of cyanide and copper, when irradiated with UV light, could have produced simple sugars that formed the building blocks of life on early Earth. This is according to Harvard graduate student Zoe Todd and Dimitar Sasselov, the Phillips Professor of Astronomy and director of the Harvard Origins of Life Initiative.In a paper published this week in the journal Chemical Communications, the res...Read More

NEW YORK (Reuters) - Oil hit a six-week high on Wednesday, closing in on a 3-year peak set in late January, on a surprise decline in U.S. inventories, strong compliance on OPEC production cuts, and persistent concern related to the Iran nuclear deal.Brent crude futures LCOc1 rose $2.05, or 3 percent, to settle at $69.47, nearly a 7-week high.U.S. West Texas Intermediate (WTI) crude futures CLc1 ga...Read More

WASHINGTON (Reuters) - A leading U.S. House of Representatives member has privately urged banks to push Senate Democrats to agree to further easing of financial rules in a bid to end a stalemate over the first rewrite of regulations since the 2007-2009 financial crisis, sources said on Tuesday.Representative Jeb Hensarling, who is leading House discussions on the first rewrite of the 2010 Dodd-Fra...Read More

Richard Cowan, Amanda BeckerWASHINGTON (Reuters) - President Donald Trump in a discussion with congressional leaders on Wednesday backed a $1.3 trillion U.S. spending bill, which aides said will include new funds for border security, the Pentagon, infrastructure and fighting Russian election hacking.The White House said in a statement that Trump, Senate Republican leader Mitch McConnell and House...Read More

"There has been sort of the perfect storm of factors tightening financial conditions...Banks do have tremendous liquidity still, but it's at a higher price...Read full newsRead More