(Refiles to add apostrophe in headline)* Graphic: World FX rates in 2018 * Stocks on longest weekly winning streak since '99* Dollar buckles again, worst weekly run since 2010* Pound boosted by GDP numbers* Oil helped by weak dollar, gold near 17-month high By Ritvik CarvalhoLONDON, Jan 26 (Reuters) - World stocks were set for their longest weekly winning streak since 1999 on Friday, while the d...Read More
Global Energy Metals (CVE:GEMC) CEO Mitchell Smith tells Proactive after recent drilling at their Millennium Cobalt project in Mount Isa, Australia, the company drew significant intercepts showing high-grade Cobalt over wide intercepts. Smith says because of these favorable results, they are fast-tracking a work program on the project, that will begin in early February. Meet Reward Minerals...Read More
* UBS Wealth Management upgrades 6-month forecasts* Graphic: World FX rates in 2017 By Saikat ChatterjeeLONDON, Jan 26 (Reuters) - The euro jumped more than half a percent higher on Friday as comments by senior U.S. officials this week advocating their support for a weak dollar reverberated through currency markets.Though U.S. President Donald Trump's comments on Thursdaythat he wanted a "str...Read More
Ecuador-focused miner SolGold (LON:SOLG) (TSX:SOLG) said Friday it had begun additional exploration drilling at its 85%-owned Cascabel copper-gold project, 180 km north of the country's capital Quito.The Australian gold miner noted said efforts are now focussed on targeting high-grade extensions to the Alpala resource. It also said that an additional 13,384 metres of drilling has been complet...Read More
Ecuador-focused miner SolGold (LON:SOLG) (TSX:SOLG) said Friday it had begun additional exploration drilling at its 85%-owned Cascabel copper-gold project, 180 km north of the country's capital Quito.The Australian gold miner noted said efforts are now focussed on targeting high-grade extensions to the Alpala resource. It also said that an additional 13,384 metres of drilling has been complet...Read More
Ecuador-focused miner SolGold (LON:SOLG) (TSX:SOLG) said Friday it had begun additional exploration drilling at its 85%-owned Cascabel copper-gold project, 180 km north of the country's capital Quito.The Australian gold miner noted said efforts are now focussed on targeting high-grade extensions to the Alpala resource. It also said that an additional 13,384 metres of drilling has been complet...Read More
LONDON, Jan 26 (Reuters) - UBS Wealth Management upgraded its six-month forecasts for the euro and sterling on Friday after upgrading its short-term forecasts earlier this week, citing protracted dollar weakness.The firm upgraded its euro forecast against the dollar to $1.28 for six months from a previous forecast of $1.22, according to a report published by the Chief Investment office at UBS Weal...Read More
Russian state-controlled diamond miner Alrosa increased fourth-quarter production by 6 percent year-on-year to 10.1 million carats as a shutdown at its Mir mine was offset by higher output at other assets.The Russian government has been considering selling part of its stake in Alrosa, the world's largest producer of rough diamonds, as part of its privatisation programme.But that is off the agenda...Read More
Before you pull the trigger on Hecla Mining, you need to consider these two things.Read full newsRead More
SHANGHAI, Jan 26 (SMM)? 1/4 ?Copper: LME copper remains strong on continued increase of inventory. SHFE copper is expected to trade at 53,000-54,000 yuan/mt and spot discounts are to move at 100-50 yuan/mt supported by stockholders.Zinc: LME zinc performed strongly supported by firm fundamentals, and is expected to trade at $3,435-3,485/mt while SHFE zinc is expected to trade at 26,000-2...Read More
SHANGHAI, Jan 26 (SMM)? 1/4 ?Copper: LME copper remains strong on continued increase of inventory. SHFE copper is expected to trade at 53,000-54,000 yuan/mt and spot discounts are to move at 100-50 yuan/mt supported by stockholders.Zinc: LME zinc performed strongly supported by firm fundamentals, and is expected to trade at $3,435-3,485/mt while SHFE zinc is expected to trade at 26,000-2...Read More
SHANGHAI, Jan 26 (SMM)? 1/4 ?Copper: LME copper remains strong on continued increase of inventory. SHFE copper is expected to trade at 53,000-54,000 yuan/mt and spot discounts are to move at 100-50 yuan/mt supported by stockholders.Zinc: LME zinc performed strongly supported by firm fundamentals, and is expected to trade at $3,435-3,485/mt while SHFE zinc is expected to trade at 26,000-2...Read More
VANCOUVER, British Columbia, Jan. 25, 2018 (GLOBE NEWSWIRE) - Orla Mining Ltd. (TSX VENTURE:OLA) ("Orla" or the "Company") is pleased to announce that it has entered into an agreement to acquire up to a 100% interest in the Monitor Gold exploration project (the "Project") consisting of 340 claims covering approximately 2,800 hectares in central Nevada. ...Read full newsRead More
Gold settles at a level not seen in more than a year Thursday, but moves lower in electronic trading as the dollar turns higher.Read full newsRead More
While its 8.4% yield will certainly draw the attention of income seekers, its bargain-basement price could make value investors a mint.Read full newsRead More
Before you pull the trigger on Hecla Mining, you need to consider these two things.Read full newsRead More
The Dow and S&P 500 scored fresh records on Thursday, Jan. 25, as the Nasdaq declined slightly. The Dow finished up 0.54% to 26,392. It hit an intraday record high of 26,458. The S&P 500 gained 0.06% and the Nasdaq dipped by 0.05%. Stocks rose after 3M posted adjusted earnings in the fourth quarter of $2.10 a share, above estimates of $2.03. The company also raised its...Read More
Comments push gold lower; Draghi touts robust growthTreasury yields fall; Dow Jones Industrial Average risesMnuchin should "clarify exactly what he said," IMF head Christine Lagarde says in Davos.President Donald Trump waded into the unusual public debate over currency valuations, roiling markets after he said that he favored a strong greenback just a day after his Treasury secretary endorsed a we...Read More
SHANGHAI, Jan 26 (SMM)? 1/4 ?Copper: LME copper remains strong on continued increase of inventory. SHFE copper is expected to trade at 53,000-54,000 yuan/mt and spot discounts are to move at 100-50 yuan/mt supported by stockholders.Zinc: LME zinc performed strongly supported by firm fundamentals, and is expected to trade at $3,435-3,485/mt while SHFE zinc is expected to trade at 26,000-2...Read More
The latest news and price moves to start the Asian day on Friday January 26.Base metals prices on the London Metal Exchange were on divergent paths at the close on Thursday January 25, with the weak dollar still the key supportive factor. Nickel and tin each rose by more than 1.3% on the day. Read more in our live futures report.Here is how prices looked at Thursday's close:Rio Tinto Plc is i...Read More