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Zinc surges to 10-year peak as base metals rally -

January 15, 2018 / www.reuters.com

* Metals rally as dollar slides to three-year lowRead full newsRead More

Bank of Ghana sees more stable cedi in 2018 on lower inflation

January 15, 2018 / www.kitco.com

* Aims for depreciation of less than 4.8 percent* Ghana in its last year of IMF credit programme By Kwasi KpodoACCRA, Jan 15 (Reuters) - Ghana's cedi will be more stable in 2018 than last year, helped by lower inflation outlook and higher oil production, the central bank said on Monday.The currency of the major commodity exporter declined 4.88 percent to the dollar in 2017, its best performance i...Read More

Is This The Long-Awaited Gold Break-Out - Or Just Another Paper Market Head Fake?

January 15, 2018 / www.zerohedge.com

Is gold's all-too-brief run is about to end?Read full newsRead More

Is This The Long-Awaited Gold Break-Out - Or Just Another Paper Market Head Fake?

January 15, 2018 / www.zerohedge.com

Is gold's all-too-brief run is about to end?Read full newsRead More

Shell's investment offshore Scotland bodes well for Hurricane Energy as it advances the Lancaster field

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

3.30pm: Signs of North Sea revival give Hurricane Energy PLC a liftNews that Anglo-Dutch gaint Shell is to build its first manned platform in the North Sea for almost thirty years gave a lift to all oilers operating in the region.Hurricane Energy PLC (LON:HURR) for rose 4% to 49.9p for example even though technically it is not in North Sea, rather the West of Shetland UK Continental Shelf.But it's...Read More

NZ employee confidence inches up to 113.9 in Q4 - Westpac survey

January 15, 2018 / www.kitco.com

WELLINGTON, Jan 16 (Reuters) - New Zealand employee confidence edged up to its highest since before the 2008 global financial crisis in the fourth quarter, a survey showed on Tuesday.The Westpac-McDermott Miller employee confidence index inched up to 113.9 in the three months to the end of December, from 113.8 in the previous quarter.Optimism towards strong jobs growth was still warring with low w...Read More

RT @globeinvestor: At the open: TSX rises as gold miners gain with bullion

January 15, 2018 / trib.al

World stocks hit record highs on Asia surgeRead full newsRead More

Look Past U.S. Dollar's Plunge, 2018 Could Be Its 'Last Hurrah' - Capital Economics

January 15, 2018 / www.kitco.com

(Kitco News) - The current U.S. dollar’s plunge is temporary, says Capital Economics, noting that a recovery is on its way, but warning that the currency might face renewed pressure in 2019.The Fed’s plan to tighten its monetary policy this year will be the main underlying factor supporting the greenback, John Higgins, chief markets economist at Capital Economics, said in a note on Mon...Read More

Look Past U.S. Dollar's Plunge, 2018 Could Be Its 'Last Hurrah' - Capital Economics

January 15, 2018 / www.kitco.com

(Kitco News) - The current U.S. dollar’s plunge is temporary, says Capital Economics, noting that a recovery is on its way, but warning that the currency might face renewed pressure in 2019.The Fed’s plan to tighten its monetary policy this year will be the main underlying factor supporting the greenback, John Higgins, chief markets economist at Capital Economics, said in a note on Mon...Read More

UPDATE 1-Auckland International Airport to sell stake in Aussie airport operator

January 15, 2018 / www.kitco.com

(Adds background, CEO commentary)Jan 16 (Reuters) - Auckland International Airport said on Tuesday it would sell its stake in North Queensland Airports (NQA) to existing investors for A$370 million ($294.82 million), as it looks to focus on its domestic business.Perron Investments and The Infrastructure Fund have already agreed to buy all of Auckland Airport's 24.6 percent stake in NQA, the compa...Read More

Angkor Gold Announces New USD $1 Million Drill And Exploration Program With JOGMEC

January 15, 2018 / bit.ly

Angkor Gold Corp. (TSXV:ANK,OTCPINK:ANKOF) ('Angkor' or 'the Company') CEO Mike Weeks is pleased to announce an additional diamond drill and regional exploration program at Halo on Angkor's Oyadao South license, in conjunction with its exploration partner, Japan Oil, Gas and Metals National Corporation ('JOGMEC').Read full newsRead More

Brixton Metals Provides Update on its Hog Heaven Silver-Gold Project

January 15, 2018 / bit.ly

Brixton Metals Corporation (TSXV:BBB) is pleased to provide an update on its Hog Heaven project data review and project development plans.Read full newsRead More

Slovenia tax inflows up by 6.3 percent in 2017

January 15, 2018 / www.kitco.com

LJUBLJANA, Jan 15 (Reuters) - Slovenian tax inflows reached 15.5 billion euros ($19 billion) in 2017 compared with 14.6 billion a year before according to preliminary figures, Slovenia's Financial Administration, in charge of tax collection, said on Monday.The collected taxes on companies' income rose by 27.8 percent while the collected value-added-tax was 6.8 percent higher, the administration sa...Read More

Rio Tinto 2017 iron ore exports up 1 percent, maintains 2018 guidance

January 15, 2018 / www.mining.com

Jan 16 (Reuters) - Global miner Rio Tinto, on Tuesday reported a 1 percent rise in iron ore shipments for 2017 to 330.1 million tonnes, meeting its guidance.The world's no. 2 miner of iron ore, a raw material in steelmaking, also stuck to a target of 330-340 million tonnes for this year, but cautioned the guidance was subject to weather constraints and partly reflected rail maintenance required in...Read More

UPDATE 1-"Ample time" before next Bank of England rate move needed -Tenreyro

January 15, 2018 / www.kitco.com

(Adds comments on Brexit)By David MillikenLONDON, Jan 15 (Reuters) - The Bank of England probably has "ample time" before it needs to consider raising interest rates again after its first hike in more than a decade in November, BoE policymaker Silvana Tenreyro said on Monday.Tenreyro said she felt comfortable at last month's rate-setting meeting to keep on monitoring the impact of the 2...Read More

Iofina's new IO#7 IOsorb plant to come online within weeks

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

Tom Becker, chief executive of Iofina plc (LON:IOF), tells Proactive their new IO#7 IOsorb plant is nearly complete and should be online next month.Chatting to Andrew Scott the iodine extractor confirmed that crystalline iodine production in the second half of 2017 exceeded expectations, clocking in at 267.5 tonnes, versus 216.6 tonnes in the same period of 2016.  Meet Netscientific PLC, disc...Read More

#UK Construction Giant With 43,000 Employees Collapses | Zero Hedge

January 15, 2018 / www.zerohedge.com

Carillion, a major British construction company which employs 43,000 people around the world, collapsed on Monday after rescue talks with stakeholders including the British government failed to yield a bailout.Read full newsRead More

Lawsuit in U.S. accuses nine banks of rigging Canadian rate benchmark

January 15, 2018 / www.kitco.com

By Jonathan Stempel and Matt ScuffhamNEW YORK/TORONTO, Jan 15 (Reuters) - Nine large banks, including six from Canada, have been accused in a lawsuit of conspiring to rig a Canadian rate benchmark to improve profits from derivatives trading.The complaint, filed by a Colorado pension fund in U.S. District Court in Manhattan late on Friday, accused Royal Bank of Canada , Toronto-Dominion Bank , Bank...Read More

Caledonia Mining's Blanket Mine continuing to punch above its weight

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

Steve Curtis, chief executive of Caledonia Mining Corporation PLC (LON:CMCL TSX:CAL) tells Proactive's Andrew Scott they racked up another record quarter at the Blanket mine.Production at the 49% owned mine totalled 16,425 ounces of gold in the three months to December, 14% more than the previous quarter and 21% higher than a year ago.For 2017 in total, production was 11% higher than the previous...Read More

Wage growth too crude a gauge for next BoE rate hike - Tenreyro

January 15, 2018 / www.kitco.com

LONDON, Jan 15 (Reuters) - Wage growth alone is too crude a gauge to judge when the Bank of England should next raise interest rates, and instead the central bank needs to consider productivity trends and other factors, BoE policymaker Silvana Tenreyro said on Monday.Tenreyro, speaking after a lecture at Queen Mary University of London, also said there were "huge" problems measuring the...Read More

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