Ann Saphir(Reuters) - A day after Federal Reserve Chair Jerome Powell told Congress a strengthening economy boosts his confidence that inflation and wages are on the rise, one of his colleagues argued for waiting on interest-rate hikes until those increases are obvious.“I want wage growth to continue to build, I want to see inflation move toward our 2-percent target, I want to see more evide...Read More

Howard Schneider, Lindsay DunsmuirWASHINGTON (Reuters) - Financial markets barely batted an eye on Tuesday when Jerome Powell’s first public statement as Federal Reserve chief saw daylight, interpreting it as a steady-handed commitment to the U.S. central bank’s policy of gradual interest rate increases.The calm evaporated about a couple of hours later, at 10:42 a.m. EST (1542 GMT), wh...Read More

U.S. stocks have traded on both sides of the aisle today, with markets last seen lower as oil prices slump. Not all the day's action is to the downside, though, with Dow stock United Technologies Corporation (NYSE:UTX), global nutrition company Herbalife Ltd. (NYSE:HLF), and Taser parent Axon Enterprise Inc (NASDAQ:AAXN) all trading higher. Here's a closer look at what shares of UTX, HLF, and AAX...Read More

Source: Streetwise Reports 02/27/2018With the price of gold staying firmly above $1,300/oz, Brien Lundin, editor of Gold Newsletter, discusses the state of the market and several top picks in an unlikely location.Tuvatu Project MapBrien Lundin, the well-respected editor of Gold Newsletter, is an industry veteran with over 30 years of experience. He began his career working with the visionary J...Read More

Falco Resources Ltd. (TSXV:FPC) ('Falco' or the 'Company') is pleased to announce that it has commenced its 2018 exploration program on the Donalda - Quemont East target. An initial program of 20 holes for a total of 20,000 metres is planned to be completed.Read full newsRead More

Gold pour at Porcupine mine. Image: GoldcorpAccording to the World Gold Council primary gold production hit another record in 2017 after nine years of growth in output, albeit at a much slower pace.Global gold production totalled roughly 105m troy ounces in 2017. Output is up 525 tonnes or nearly 17m ounces since the start of the decade.The top 10 listed, non-state owned gold miners are responsibl...Read More

Gold pour at Porcupine mine. Image: GoldcorpAccording to the World Gold Council primary gold production hit another record in 2017 after nine years of growth in output, albeit at a much slower pace.Global gold production totalled roughly 105m troy ounces in 2017. Output is up 525 tonnes or nearly 17m ounces since the start of the decade.The top 10 listed, non-state owned gold miners are responsibl...Read More

Cyber-security software firm Defenx plc (LON:DFX) is exploring funding options it revealed in a downbeat trading update.Consolidated revenues for 2017 will be materially below those in 2016, the company said.The board is now looking to implement a strategic plan, "defenx 2020", which will see the group build on its existing cloud backup product with a focus on corporate customers.Defenx said this...Read More

(Adds oil, gold settlement prices, European market close)* Dollar touches five-week high on U.S. rate outlook* Global shares slide, Tencent, Celgene lead decline* Oil falls on surprise U.S. gasoline stock build By Herbert LashNEW YORK, Feb 28 (Reuters) - The dollar rose to five-week highs on Wednesday on the prospect of tighter monetary policy and an upbeat U.S. economic outlook from the Federal...Read More

Renforth Resources Inc. (CSE - RFR) ("Renforth" or the "Company") is pleased to announce that during recently completed thin-section petrographical work on the Discovery Veins at New Alger several grains of visible free gold were reported.Read full newsRead More

Robert Henke, executive vice president of corporate affairs and customer experience at PPHE Hotels Group Plc (LON:PPH) tells Proactive they're a  hospitality company based in Amsterdam, that owns and operates different properties in a number of exciting markets throughout Europe.''What we've seen in the last year is a significant increase in leisure visitors to the London market obviously hel...Read More

The housing recovery appears to be making a U-turn as mortgage rates rise amid a critically low supply of homes for sale. Pending home sales, which measure signed contracts, not closings, fell 4.7 percent in January compared with December, according to the National Association of Realtors. The weakness was nationwide, and December's reading was also revised lower. Diana Olick| @DianaOlick Publish...Read More

It's been a wild ride for the U.S. stock market, with the Dow and S&P 500 Index (SPX) set to snap its longest monthly win streaks in decades -- and the Cboe Volatility Index (VIX) on track for its best monthly gain since August 2015. Amid this volatile trading environment, the VIX premium moved to a discount for the first time since October 2016 last week, and has since swung to a more extreme rea...Read More

(Kitco News)- In its continued attempted to promote innovation in themining Sector, Goldcorp is giving four companies the opportunity to presenttheir ideas to #disruptmining and win $1 million in potential investmentcapital.Luis Canepari, vice-president of technology at Goldcorp(NYSE: GG, TSX: G,) said the company went through hundreds of submissions tofind the best of the best in innovation. He a...Read More

(Kitco News) - In its continued attempted to promote innovation in the mining Sector, Goldcorp is giving four companies the opportunity to present their ideas to #disruptmining and win $1 million in potential investment capital.Luis Canepari, vice-president of technology at Goldcorp (NYSE: GG, TSX: G,) said the company went through hundreds of submissions to find the best of the best in innovation...Read More

SAO PAULO, Feb 28 (Reuters) - Mexican equities fell sharply again on Wednesday, posting their biggest monthly loss since September 2011, as a mediocre corporate results season wrapped up and uneasy negotiations continued for the North American Free Trade Agreement.Markets also continued to be spooked following a relatively hawkish speech by the newly appointed head of the Federal Reserve Jerome Po...Read More

* Spot gold may fall to $1,303/oz - technicals* Dollar index rises to highest since Feb. 9 * Fed's Powell strikes hawkish tone(Recasts, updates prices; adds comment, NEW YORK to dateline)By Renita D. Young and Maytaal AngelNEW YORK/LONDON, Feb 28 (Reuters) - Gold prices steadied on Wednesday after the previous session's more than 1 percent fall following comments by the Federal Reserve's new chair...Read More

Poor housing reports and poor economic reports on durable goods and international trade took a toll on GDP estimates.Read full newsRead More

Robin Young, chief executive of Amur Minerals Corporation (LON:AMC), outlines their 2018 work programme for the Kun-Manie nickel sulphide deposit in Russia.The company will complete a new mineral resource update over a total strike length of four kilometres, update its open pit and underground mine design plans at the IKEN/KUB deposit, calculate the most economic life of mine schedule, undertake s...Read More

Capita Plc (LON:CPI) posts its finals on Thursday amid concerns it could face a similar - if not worse - fate than collapsed contractor Carillion.Last month the outsourcer issued a profit warning and announced plans for a ?700mln rights issue and to scrap its dividend.Jonathan Lewis, who started as Capita's chief executive two months ago, said the company was "too complex" and "too widely spread...Read More