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PRESS DIGEST- British Business - Jan 16

January 15, 2018 / www.kitco.com

Jan 16 - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.The Times-Financial Reporting Council warned that it may launch an investigation into KPMG over its audit of Carillion Plc . The company has collapsed into liquidation putting thousands of jobs at risk. - The value of the pound has ris...Read More

Australia shares tumble to 2-week low as materials drag; NZ up

January 15, 2018 / www.kitco.com

* Australian shares hit 2-week low* Weak iron ore prices drag material stocks* NZ marks biggest intraday percentage gain in over 5 weeks By Christina MartinJan 16 (Reuters) - Australian shares slipped to their lowest in two weeks on Tuesday, with materials weighing on the index on weak iron ore and coking coal prices.Chinese iron ore futures fell 2 percent on Monday as stockpiles of the steelmak...Read More

RPT-COLUMN-Why cobalt will struggle to free itself from the DRC: Andy Home

January 15, 2018 / www.kitco.com

(Repeats with no changes. The opinions expressed here are those of the author, a columnist for Reuters)* Global production by country: * Global reserves by country: * Cobalt vs copper and nickel pricing: By Andy HomeLONDON, Jan 15 (Reuters) - The cobalt market will record a supply surplus both this year and next, according to heavyweight commodities research house CRU. This might seem a little su...Read More

Canyon Copper Expands Cameron Cobalt Project

January 15, 2018 / bit.ly

Canyon Copper Corp. ('Canyon') (TSX-V: CNC) is pleased to announce that Canyon has acquired additional claims surrounding the company's 100% Cameron Cobalt Project located in Brigstocke Township approximately 20 kilometers southwest of Cobalt, Ontario and 120 kilometers north of North Bay, Ontario.Read full newsRead More

Goldsource\'s private placement oversubscribed

January 15, 2018 / www.stockwatch.com

Mr. Ioannis Tsitos reportsGOLDSOURCE MINES PROVIDES PRIVATE PLACEMENT UPDATEGoldsource Mines Inc.'s private placement for $1.0-million announced on Dec. 18, 2017, and increased to $1.8-million as announced on Jan. 5, 2018, has been oversubscribed.As a result, the company has received conditional TSX Venture Exchange approval for a private placement of a total of 36,418,000 units, which is now expe...Read More

Goldsource\'s private placement oversubscribed

January 15, 2018 / www.stockwatch.com

Mr. Ioannis Tsitos reportsGOLDSOURCE MINES PROVIDES PRIVATE PLACEMENT UPDATEGoldsource Mines Inc.'s private placement for $1.0-million announced on Dec. 18, 2017, and increased to $1.8-million as announced on Jan. 5, 2018, has been oversubscribed.As a result, the company has received conditional TSX Venture Exchange approval for a private placement of a total of 36,418,000 units, which is now expe...Read More

Australia new vehicle sales surge to record peaks in Dec

January 15, 2018 / www.kitco.com

SYDNEY, Jan 16 (Reuters) - Australian sales of new vehicles surged by the most since 2012 in December to hit record highs for the month and the year, adding to signs of a pick up in consumer spending after a prolonged soft spell.Tuesday's data from the Australian Bureau of Statistics showed sales jumped 4.5 percent in December to a seasonally adjusted 103,743, a marked step up from November's 0.2...Read More

UPDATE 2-Rio Tinto targets modest hike in 2018 iron ore shipments

January 15, 2018 / www.kitco.com

* Rio looks to lift 2018 iron ore shipments by 10 mln/t* Reports 1 pct rise in 2017 shipments* Mined copper output down 9 pct in 2017 (Adds expansion details, iron ore price, Oyu Tolgoi tax bill)By James ReganSYDNEY, Jan 16 (Reuters) - Global miner Rio Tinto , said on Tuesday it could ship up to an additional 10 million tonnes of iron ore in 2018 worth $780 million at today's prices after reporti...Read More

China Stocks-Factors to watch on Tuesday

January 15, 2018 / www.kitco.com

* PREVIOUS TRADING SESSION MOVES:* SSEC -0.5 pct, CSI300 +0.0 pct, HSI -0.2 pct* Shanghai->HK daily quota used 11.5 pct* HK->Shenzhen Connect daily quota used 0.1 pct, Shenzhen->HK daily quota used 9.6 pct* CNY official close 6.4363 per dollar* FTSE China A50 +1.3 pct, BNY Mellon ADR China Select Index +0.3 pct SHANGHAI, Jan 16 (Reuters) - Following is a list of recent corporate and poli...Read More

European metals technology companies want to lead anti-corruption fight

January 15, 2018 / www.mining.com

Following the 2016 launching of the Collective Action Initiative for the Metals Technology Industry, the program announced today that it has added Techint Group's Tenova S.p.A. as a new member.Tenova is a mechanical engineering company for the steel and non-ferrous metals processing industry headquartered in Castellanza, Italy. The other three members of the initiative, Danieli & C Officine Meccan...Read More

South African court authorizes freezing of $130 mln in McKinsey case - source

January 15, 2018 / www.kitco.com

* McKinsey has lost several clients over fallout from contract* Zuma authorized enquiry into allegations of influence peddling* McKinsey and its South African partner Trillian deny wrongdoing By Alexander WinningJOHANNESBURG, Jan 16 (Reuters) - A South African court has authorized the freezing of 1.6 billion rand ($130 million) in assets earned by global consultancy McKinsey and a firm linked to...Read More

DIARY-Government Debt Auctions to Feb 28

January 15, 2018 / www.kitco.com

Jan 16 (Reuters) - For other diaries, please see:Top Economic Events Polling Unit Diary Today in Washington Political and General News DATE COUNTRY AUCTION DETAILS16-Jan Japan Auction of 5-year government bonds16-Jan Spain Auction of 6- and 12-month Treasury bills17-Jan Japan 1-year discount bill auction17-Jan Germany Auction of 30-year Federal bonds18-Jan Japan 3-month discount bill auction18-Jan...Read More

DIARY-Top Economic Events to Feb 27

January 15, 2018 / www.kitco.com

Jan 16 (Reuters) -For other diaries, please see:U.S. Federal Reserve Polling Unit Diary Today in Washington Political and General News -----------------------------------------------------------This Diary is filed daily.** Indicates new events ----------------------------------------------------------- TUESDAY, JANUARY 16LONDON - Bank of England Deputy Governor Sam Woods speaks at parliament treas...Read More

SPY Signal Points to Short-Term Slump, Long-Term Gains

January 15, 2018 / www.schaeffersresearch.com

After an incredible rally during the first week of January, many people arrived in the office last Monday fully prepared for a market breather. Monday provided a slight pause in the action, but the break did not last long. By the end of the week, all the major U.S. equity indexes were higher, and the momentum from the first week of 2018 cruised along into the second week without so much as a hiccu...Read More

Learn how to invest in mining stocks....

January 15, 2018 / youtu.be

http://www.miningstocksguide.com - This video is your competitive edge to understanding how to invest in mining stocks and gold. Learn the secrets of the pro...Read full newsRead More

Morning Coffee Mon. Jan. 15, 2018 - #NAFTA #Marijuana #Manulife #PanAmerican #Peyto #Primero #RoyalBank #Sherritt...

January 15, 2018 / twitter.com

"Morning Coffee Mon. Jan. 15, 2018 - #NAFTA #Marijuana #Manulife #PanAmerican #Peyto #Primero #RoyalBank #Sherritt #SunLife https://t.co/7lYqpoUAtavia @CGWM_MrngCoffee"Read full newsRead More

Following detention, journalist publishes controversial story about Venezuela's Mining Arc

January 15, 2018 / www.mining.com

Dutch journalist Bram Ebus has just published an entire website dedicated to Venezuela's Mining Arc, a mega project that is at the centre of a national controversy given the devastation to both the natural environment and local communities that it is causing, as well as the innumerable allegations of rampant corruption surrounding it.Ebus spent three months investigating the many different aspects...Read More

Following detention, journalist publishes controversial story about Venezuela's Mining Arc

January 15, 2018 / www.mining.com

Dutch journalist Bram Ebus has just published an entire website dedicated to Venezuela's Mining Arc, a mega project that is at the centre of a national controversy given the devastation to both the natural environment and local communities that it is causing, as well as the innumerable allegations of rampant corruption surrounding it.Ebus spent three months investigating the many different aspects...Read More

Following detention, journalist publishes controversial story about Venezuela's Mining Arc

January 15, 2018 / www.mining.com

Dutch journalist Bram Ebus has just published an entire website dedicated to Venezuela's Mining Arc, a mega project that is at the centre of a national controversy given the devastation to both the natural environment and local communities that it is causing, as well as the innumerable allegations of rampant corruption surrounding it.Ebus spent three months investigating the many different aspects...Read More

Following detention, journalist publishes controversial story about Venezuela's Mining Arc

January 15, 2018 / www.mining.com

Dutch journalist Bram Ebus has just published an entire website dedicated to Venezuela's Mining Arc, a mega project that is at the centre of a national controversy given the devastation to both the natural environment and local communities that it is causing, as well as the innumerable allegations of rampant corruption surrounding it.Ebus spent three months investigating the many different aspects...Read More

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