Recent News

Sandstorm Gold earns $10.5-million (U.S.) in 2017

February 15, 2018 / www.stockwatch.com

Mr. Nolan Watson reportsSANDSTORM GOLD ANNOUNCES 2017 FOURTH QUARTER AND ANNUAL RESULTSSandstorm Gold Ltd. has released its results for the fourth quarter and year ended Dec. 31, 2017 (all figures in U.S. dollars). Fourth quarter highlights: Attributable gold equivalent ounces sold (1) of 12,032 ounces (Q4 2016 -- 13,245 ounces); Revenue of $15.4-million (Q4 2016 -- $16.5-million); Operating cash...Read More

Sandstorm Gold earns $10.5-million (U.S.) in 2017

February 15, 2018 / www.stockwatch.com

Mr. Nolan Watson reportsSANDSTORM GOLD ANNOUNCES 2017 FOURTH QUARTER AND ANNUAL RESULTSSandstorm Gold Ltd. has released its results for the fourth quarter and year ended Dec. 31, 2017 (all figures in U.S. dollars). Fourth quarter highlights: Attributable gold equivalent ounces sold (1) of 12,032 ounces (Q4 2016 -- 13,245 ounces); Revenue of $15.4-million (Q4 2016 -- $16.5-million); Operating cash...Read More

Panama inflation rises 0.4 pct in January

February 15, 2018 / www.kitco.com

PANAMA CITY, Feb 15 (Reuters) - Panama consumer prices rose 0.4 percent in January versus the same month a year earlier, the comptroller in the Central American country said on Thursday.In the first month of the year, prices for education, health services, hotels and restaurants rose most, according to the consumer price index.By contrast, prices for food and non-alcoholic beverages fell 1.5 perce...Read More

Pembridge Resources acquires producing copper mine in 'transformational' deal

February 15, 2018 / www.proactiveinvestors.co.uk

David Linsley, chief executive of Pembridge Resources plc (LON:PERE), tells Proactive's Andrew Scott they're set to become a cash flow generating copper producer with the acquisition of Yukon-based Minto Explorations.Currently an acquisition vehicle or SPAC, Pembridge will pay US$37.5mln in cash to vendor Capstone Mining plus shares equivalent to a 9.9% stake in the enlarged company.Pembridge will...Read More

U.S. charges Chicago trader with stealing bitcoin

February 15, 2018 / www.kitco.com

By Jonathan StempelFeb 15 (Reuters) - Federal prosecutors on Thursday charged a Chicago trader with wire fraud for allegedly stealing $2.06 million of bitcoin and litecoin from his employer.Joseph Kim, 24, is the first person facing criminal prosecution in Chicago involving the cryptocurrency trading industry, according to the office of U.S. Attorney John Lausch in that city, which announced the c...Read More

UPDATE 1-Australia central bank does not see case for near-term rate rise

February 15, 2018 / www.kitco.com

(Recasts with governor comments)By Swati PandeySYDNEY, Feb 16 (Reuters) - The Reserve Bank of Australia (RBA) expects to make only gradual progress in reducing unemployment and having inflation return to its 2-3 percent target band, signaling interest rates will stay at record lows for a while yet.The RBA has held rates at 1.50 percent since last easing in August 2016, as it seeks to strike a bal...Read More

Australia c.bank gov says any rating downgrade not a big event

February 15, 2018 / www.kitco.com

SYDNEY, Feb 16 (Reuters) - Reserve Bank of Australia (RBA) Governor Philip Lowe said on Friday a downgrade of Australia's triple-A sovereign credit rating would be a political event, not an economic one.Australia is among the few countries in the world with a such a rating. Standard & Poor's last month affirmed Australia's rating but kept its negative outlook on the country citing "signif...Read More

Gold prices decline but still near August 2016 high

February 15, 2018 / www.wsj.com

Gold prices inched lower, pausing after the dollar's weakness propelled the precious metal to its best day since March a day earlier.Read full newsRead More

FTSE 100 closes up, boosted by mining stocks and as pound strengthens against the dollar

February 15, 2018 / www.proactiveinvestors.co.uk

FTSE 100 rises 20.84 points Standard Life Aberdeen slumps as Lloyds pulls fundsOld Mutual and Mondi shares jump on President Zuma resignsMosman Oil tanks after placing newsTiou Energy another loser on its Botswana bids CLOSEThe FTSE 100 closed strongly on Thursday, was up 20.84 or 0.29% at 7,234.81, helped by mining stocks which took their cue from the higher prices of metals.The more UK...Read More

Australia central bank does not see case for near-term rate rise

February 15, 2018 / www.kitco.com

SYDNEY, Feb 16 (Reuters) - The Reserve Bank of Australia (RBA) will wait for unemployment to nudge lower and inflation to hop into its 2 percent to 3 percent target range before considering raising interest rates, Governor Philip Lowe said on Friday. "As things currently stand, we expect that progress to be steady, but to be only gradual," Lowe said before a parliamentary economics commi...Read More

UPDATE 1-Japan to nominate reflationist economist Wakatabe as BOJ deputy gov -Nikkei

February 15, 2018 / www.kitco.com

(Adds details, background)* Wakatabe seen as advocate of bolder easing* Veteran central banker Amamiya gets other deputy post - Nikkei* BOJ Kuroda likely to be reappointed, easy policy seen intact* Govt to submit nominees to parliament on Friday By Leika KiharaTOKYO, Feb 16 (Reuters) - The Japanese government is considering nominating economist Masazumi Wakatabe, an advocate of bolder monetary e...Read More

UPDATE 1-Foreigners sold Treasuries for 3rd month in December -data

February 15, 2018 / www.kitco.com

(Recasts, adds graphic, details, comment, byline)By Gertrude Chavez-DreyfussNEW YORK, Feb 15 (Reuters) - Foreigners sold Treasuries for a third straight month in December, data from the U.S. Treasury Department showed on Thursday, as investors started to price in a faster pace of interest rate increases by the Federal Reserve.Foreign investors sold Treasuries in seven of the last 12 months, with...Read More

GLOBAL MARKETS-Stocks climb, shrugging off inflation data; dollar falls

February 15, 2018 / www.kitco.com

(Adds close of U.S. markets)* Apple, Tencent, Airbus lead world stocks higher* Dollar weakens to 15-month low vs yen* U.S. yields drift lower, uptrend seen intact* U.S.-German bond yield gap hits 10-month high By Herbert LashNEW YORK, Feb 15 (Reuters) - World equity markets surged anew on Thursday as investors shrugged off the latest sign of rising U.S. inflation, while strong global growth weig...Read More

CANADA STOCKS-Toronto shares boosted by banks, TransCanada

February 15, 2018 / www.kitco.com

(Adds details, updates to close)Feb 15 (Reuters) - Canada's main stock index rose on Thursday as gains in the financial sector and shares of TransCanada Corp offset a decline in natural resource companies.* The Toronto Stock Exchange's S&P/TSX composite index ended up 79.39 points, or 0.52 percent, at 15,407.66.* Investors were taking in a slew of Canadian corporate earnings, while global mar...Read More

NZ manufacturing posts partial recovery in January but firms remain wary - BNZ

February 15, 2018 / www.kitco.com

WELLINGTON, Feb 16 (Reuters) - New Zealand's manufacturing activity started to recover in January after a slowdown in growth the previous month, but firms reported less positivity than usual, a survey showed on Friday.The Bank of New Zealand-Business NZ's seasonally adjusted Performance of Manufacturing Index (PMI) grew to 55.6 from 51.2 the previous month, its slowest rate in five years.A reading...Read More

Dow Logs Longest Win Streak of 2018

February 15, 2018 / www.schaeffersresearch.com

The Dow notched its fourth triple-digit gain in five sessions, and its fifth straight win -- the index's longest winning streak since December. Well-received earnings for Cisco Systems (CSCO) boosted the blue-chip barometer back above 25,000, and another hot day for tech stocks helped Wall Street shake off concerns about rising inflation. As such, the S&P and Nasdaq also extended their winning str...Read More

UPDATE 2-New Tunisian central bank chief promises "extraordinary measures"

February 15, 2018 / www.kitco.com

(Adds quotes from Abassi)By Tarek AmaraTUNIS, Feb 15 (Reuters) - Former World Bank official and economics professor Marouane el Abassi was confirmed by Tunisia's parliament as the new central bank governor on Thursday, promising "extraordinary measures" to lift the country's economy.Abassi takes over at a time when Tunisia faces deep economic challenges including rising deficits and inf...Read More

UPDATE 1-Asia Morning Call-Global Markets

February 15, 2018 / www.kitco.com

Feb 16 (Reuters) - Stock MarketsNet ChngStock MarketsNet ChngS&P/ASX 200** 5,909.00067.800NZX 50**8,063.33 4.530DJIA**25,200.37306.88NIKKEI**21,464.98310.81Nasdaq**7,256.430112.815 FTSE**7,234.81 20.84S&P 500** 2,731.20 32.57 Hang Seng** 31,115.43599.83SPI 200 Fut 5,88220.00 STI** 3,443.51 40.65SSEC**3,199.1589014.20020KOSPI** 2,421.83 26.64-------------------------------------------------...Read More

Foreigners buy long-term U.S. assets in December, sell Treasuries -data

February 15, 2018 / www.kitco.com

NEW YORK, Feb 15 (Reuters) - Foreigners bought long-term U.S. securities for a sixth straight month in December, data from the U.S. Treasury department showed on Thursday.Offshore investors purchased $27.3 billion in long-term U.S assets after buying $57.5 billion in November. Including shorter-dated securities, however, overseas investors sold $119.3 billion in December, after buying $33.5 billio...Read More

Australian shares set to edge higher; NZ rises

February 15, 2018 / www.kitco.com

Feb 16 (Reuters) - Australian shares are set to move slightly higher at Friday's open, tracking positive performance in equities and oil in the United States. All three major U.S. indices ended more than 1.2 percent higher on Thursday while U.S. crude oil futures settled up 1.2 percent, with a weak U.S. dollar in the backdrop. Australian share price index futures rose about 0.3 percent, or 20 poin...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok