Gertrude Chavez-DreyfussNEW YORK (Reuters) - A global regulatory crackdown on cryptocurrencies created by startups to finance new projects could slow the pace of virtual currency sales as questions mount about their transparency and the risk of scams for investors.More than 500 digital technology startups around the world have raised funds by selling their own cryptocurrencies, or tokens, that sid...Read More
Image: Codelco via FlickrWhen Richard Adkerson, boss of Freeport-McMoRan, presented to the BMO Capital Markets conference in Florida last month he showed a slide headlined World class copper discoveries are extremely rare.Adkerson said the Phoenix-based company has been putting these graphs in investor slide decks "for years".Only one project - Oyu Tolgoi's underground expansion - will crack the t...Read More
Image: Codelco via FlickrWhen Richard Adkerson, boss of Freeport-McMoRan, presented to the BMO Capital Markets conference in Florida last month he showed a slide headlined World class copper discoveries are extremely rare.Adkerson said the Phoenix-based company has been putting these graphs in investor slide decks "for years".Only one project - Oyu Tolgoi's underground expansion - will crack the t...Read More
WASHINGTON (Reuters) - Almost 14 months into Donald Trump’s turbulent White House tenure, loyalists are in, dissenters are out and the president himself is acting on his own instincts more swiftly than ever to make decisions on policies from trade to North Korea.People close to Trump said his firing on Tuesday of Secretary of State Rex Tillerson was the latest sign of the Republican presiden...Read More
WASHINGTON (Reuters) - President Donald Trump will bring a tough message on illegal immigration to California on Tuesday, taking aim at“sanctuary cities” in his first visit in office to the heavily Democratic state that has served as a base of resistance to many of his policies.Aides said Trump would not shy away from his sharp focus on immigration during the trip. The Republican presi...Read More
WASHINGTON (Reuters) - U.S. President Donald Trump signaled on Tuesday that conservative commentator Larry Kudlow is the front-runner to become the top economic adviser at the White House, though he said he was also speaking with other candidates.Kudlow, 70, a long-time friend and early supporter of Trump’s 2016 presidential campaign, would fill the vacancy at the National Economic Council c...Read More
Canyon Copper Corp. (TSXV:CNC) is pleased to announce that it has completed the sale of the Moonlight Property to Crown Mining Corp. ("Crown").Read full newsRead More
March 13 (Reuters) - China's state planner said on Tuesday it has given approval for a coal mine to be built in Inner Mongolia.The mine will have an annual capacity of 6 million tonnes a year with total investment at 3.4 billion yuan ($537.84 million).The state planner said it has also given the go ahead for two other new open-pit coal mines in Xinjiang province to be built.The two coal mines in X...Read More
Click the following link to watch video: Source: Reuters InsiderDescription: Volkswagen has selected partners to provide battery cells andrelated technology worth around 20 billion euros for electric-vehicle projectsin Europe and China, pushing ahead with a shift to zero-emission cars. IvorBennett reports.Short Link: Disclaimer: The views expressed in this article are those of the author and may n...Read More
HAMILTON, Ontario, March 13 (Reuters) - ArcelorMittal Dofasco's chief executive said on Tuesday the company was not seeking Canadian government aid as the domestic steel industry faces uncertainty after U.S. President Donald Trump provided temporary tariff relief on steel imports.Sean Donnelly, who heads Canada's largest steel manufacturer, added in an interview that the Canadian government must p...Read More
Stocks have given back their early gains following the shake-up in President Trump's cabinet. Among individual names making notable moves are chipmaker Advanced Micro Devices, Inc. (NASDAQ:AMD), Dow component General Electric Company (NYSE:GE), and biotech Proteostasis Therapeutics Inc (NASDAQ:PTI). Here's a quick look at what's driving shares of AMD, GE, and PTI. AMD Shares Ricochet HigherAMD...Read More
Gold futures edged higher on the latest shakeup in the Trump administration, with Secretary of State Rex Tillerson being replaced by CIA Director Mike Pompeo. The metal was already bid higher after investors viewed February's CPI reading as tame and no reason for the Fed to increase the pace of interest rates. "Gold loves any turbulence," said one trader. Patti Domm| @pattidomm Published 11 Hours...Read More
Barrick Gold's chairman John Thornton has just given a fresh boost to the company's global employee share plan, leading by example.The boss of the world's top miner of the precious metal bought Tuesday 306,000 additional shares in the company, bringing his total share ownership position to 2,720,991 common shares.Two other directors also hiked their stake, Barrick said, including Rob Prichard - w...Read More
Barrick Gold's chairman John Thornton has just given a fresh boost to the company's global employee share plan, leading by example.The boss of the world's top miner of the precious metal bought Tuesday 306,000 additional shares in the company, bringing his total share ownership position to 2,720,991 common shares.Two other directors also hiked their stake, Barrick said, including Rob Prichard - w...Read More
Barrick Gold's chairman John Thornton has just given a fresh boost to the company's global employee share plan, leading by example.The boss of the world's top miner of the precious metal bought Tuesday 306,000 additional shares in the company, bringing his total share ownership position to 2,720,991 common shares.Two other directors also hiked their stake, Barrick said, including Rob Prichard - w...Read More
OBR revises GDP forecastsInflation set to ease over next yearBorrowing forecasts loweredHammond says Brexit talks have made progress 1.30pm: Economy has slightly more momentum in near-term, says OBRThe OBR has released a statement explaining its revised forecasts for UK economic growth. "The economy has slightly more momentum in the near term, thanks to the unexpected strengt...Read More
(Kitco News)- If history is any guide, next week could signal asignificant buying opportunity for gold investors as long as prices hold criticalsupport above $1,285 an ounce, according to one analyst.“The five rate hikes seen so far in this current cycle allresulted in the same behavior with gold selling off ahead only to rallystrongly once the announcement was made,” Ole Hansen, head...Read More
LONDON (Reuters) - Britain gave Russia until midnight on Tuesday to explain how a Soviet-era nerve agent was used against a former Russian double agent, and U.S. President Donald Trump said he would condemn Russia if British evidence incriminated Moscow.Prime Minister Theresa May, who said on Monday it was“highly likely” that Russia was behind the poisoning of Sergei Skripal and his da...Read More
Primero Announces Shareholders Vote in Favour of Transaction With First MajesticTORONTO, ON--(Marketwired - March 13, 2018) - Primero Mining Corp. ("Primero" or the "Company") (TSX: P) and First Majestic Silver Corp. ("First Majestic") (TSX: FR)(NYSE: AG) are pleased to announce that Primero's shareholders have voted in favour of the arrangement transaction (the "Transaction") at a special meeting...Read More
Primero Announces Shareholders Vote in Favour of Transaction With First MajesticTORONTO, ON--(Marketwired - March 13, 2018) - Primero Mining Corp. ("Primero" or the "Company") (TSX: P) and First Majestic Silver Corp. ("First Majestic") (TSX: FR)(NYSE: AG) are pleased to announce that Primero's shareholders have voted in favour of the arrangement transaction (the "Transaction") at a special meeting...Read More