WASHINGTON (Reuters) - The White House plans to release its budget proposal for fiscal 2019 on Feb. 12, a spokeswoman for the Office of Management and Budget said on Wednesday.Reporting by Roberta Rampton; Editing by Jonathan Oatis Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accur...Read More
ML Gold (TSXV:MLG) CEO Andrew Bowering and President Adrian Smith enumerate the reasons why investors should be looking at the Stars Project.Read full newsRead More
* Macron calls for "global compact" to harness globalisation* Merkel evokes world wars and asks: have we learned the lesson?* Italy PM says there are limits to the pursuit of national aims* Speeches in Davos come day before President Trump arrives By Noah Barkinand Yara BayoumyDAVOS, Switzerland, Jan 24 (Reuters) - European leaders warned at the World Economic Forum in Davos on Wednesda...Read More
Macarthur Minerals Limited (TSXV:MMS) (the "Company" or "Macarthur Minerals") is pleased to announce the appointment of Andrew Haythorpe as Technical Adviser to support the development of the Company's hard rock lithium and gold projects in Western Australia and lithium brine project in Nevada, USA.Read full newsRead More
Paris La D?(C)fense, January 24, 2018 - Today, copper is at the core of a series of initiatives that are driving the world's sustainable growth. In addition to being a key component in many electrical applications including turbines, renewable power generators, inverters and transformers, copper remains the critical raw material for efficient and reliable cable technologies essential for the futu...Read More
Paris La D?(C)fense, January 24, 2018 - Today, copper is at the core of a series of initiatives that are driving the world's sustainable growth. In addition to being a key component in many electrical applications including turbines, renewable power generators, inverters and transformers, copper remains the critical raw material for efficient and reliable cable technologies essential for the futu...Read More
(Kitco News) - The rally behind gold prices is targeting “a major band of resistance between $1,357 and $1,380,” said head of commodity strategy at Saxo Bank Ole Hansen, adding that if breached, gold could climb above $1,450.The environment looks bullish for gold, mainly due to inflation expectations, a weak U.S. dollar, overall commodity price trends as well as geopolitical and financ...Read More
(Kitco News) - The rally behind gold prices is targeting “a major band of resistance between $1,357 and $1,380,” said head of commodity strategy at Saxo Bank Ole Hansen, adding that if breached, gold could climb above $1,450.The environment looks bullish for gold, mainly due to inflation expectations, a weak U.S. dollar, overall commodity price trends as well as geopolitical and financ...Read More
Gold may be considered to be a bet against the U.S. dollar. The depreciation of the greenback supported the yellow metal in 2017. The price of gold managed to rise last year in rather unpleasant macroeconomic environment mainly thanks to the weakness of the U.S. dollar. Now, the key question is whether the bearish trend in the greenback will continue or we will see a trend reversal (or actually a...Read More
Saskatoon, Saskatchewan - K+S Potash Canada GP (KSPC) is honoured to be named one of Saskatchewan's Top Employers for the fifth year in a row. This designation follows KSPC being named one of Canada's Top 100 Employers for 2018 in November."K+S Potash Canada is honoured to be recognized as one of the Top Employers both provincially and nationally," said Dr. Ulrich Lamp, President and CEO of KSPC....Read More
Saskatoon, Saskatchewan - K+S Potash Canada GP (KSPC) is honoured to be named one of Saskatchewan's Top Employers for the fifth year in a row. This designation follows KSPC being named one of Canada's Top 100 Employers for 2018 in November."K+S Potash Canada is honoured to be recognized as one of the Top Employers both provincially and nationally," said Dr. Ulrich Lamp, President and CEO of KSPC....Read More
The takeover triangle between Sky PLC (LON:SKY), Rupert Murdoch's 21st Century Fox (NASDAQ:FOXA) and The Walt Disney Company (NYSE:DIS) is likely to be in focus once again when Sky reports its second quarter update on Thursday.The Competition and Markets Authority provisionally rejected Fox's ?11.7bn takeover bid for the UK broadcaster on Tuesday, saying the Murdochs would have too much control o...Read More
BUENOS AIRES, Jan 24 (Reuters) - Argentina's economic activity expanded 3.9 percent in November, compared with the same month in 2016, government statistics agency Indec said on Wednesday, in line with median expectations in a Reuters poll for 3.9 percent growth. In the 11 months through November 2017, the economy expanded 2.9 percent compared with the same period the prior year. The economy grew...Read More
ABUJA, Jan 24 (Reuters) - Nigeria's lower house of parliament passed a bill on Wednesday that will allow the stock exchange to become a publicly listed company that can issue shares to investors.Oscar Onyema, chief executive of the Nigerian Stock Exchange (NSE), said last week he expected the bill to be signed into law this year .The upper house of parliament passed the bill in December. The bill...Read More
KIEV, Jan 24 (Reuters) - Ukrainian President Petro Poroshenko on Wednesday said he had a constructive and open meeting with International Monetary Fund chief Christine Lagarde on the sidelines of the World Economic Forum in Davos."Ukraine confirms its readiness to continue fruitful cooperation with the International Monetary Fund as an important factor in strengthening macroeconomic stability...Read More
(Removes extraneous text in paragraph 8)* Bank stocks follow Treasury yields higher* GE slips after revealing regulatory probe* Dollar slides on Mnuchin's remarks* Indexes down: Dow 0.01 pct, S&P 0.28 pct, Nasdaq 0.76 pct By Sruthi ShankarJan 24 (Reuters) - U.S. stocks fell on Wednesday after Commerce Secretary Wilbur Ross called China's 2025 technology strategy a "direct threat" a...Read More
(Kitco News) - Gold and silver pricesended the U.S. day session sharply higher and near theirdaily highs Wednesday. Gold scored a 4.5-month high and silver notched anine-week high. A sharply lower U.S. dollar index that slumped to a 3.5-yearlow today, and rallying crude oil prices that hit a 2.5-year high, areproviding the precious metals bulls with rocket fuel. February Comex gold waslast up $20....Read More
(Kitco News) - Gold and silver prices ended the U.S. day session sharply higher and near their daily highs Wednesday. Gold scored a 4.5-month high and silver notched a nine-week high. A sharply lower U.S. dollar index that slumped to a 3.5-year low today, and rallying crude oil prices that hit a 2.5-year high, are providing the precious metals bulls with rocket fuel. February Comex gold was last u...Read More
Jan 25 (Reuters) - Stock MarketsNet ChngStock MarketsNet ChngS&P/ASX 200** 6,054.70 17.70 NZX 50**8,324.09 16.46DJIA26,157.55-53.26NIKKEI**23,940.78-183.37Nasdaq7,386.642-73.65FTSE**7,643.43 -88.40S&P 500 2,827.66 -11.47Hang Seng** 32,958.6927.99SPI 200 Fut 5,966.0-35.0 STI** 3,609.24 17.16SSEC**3,560.73 14.23 KOSPI** 2,5381.40---------------------------------------------------------------...Read More
BUENOS AIRES, Jan 24 (Reuters) - Argentina's peso currency plunged 1.6 percent on Wednesday to close at a historic low of 19.6525 per dollar, after the central bank slashed its benchmark policy rate to 27.25 percent on Tuesday. That marked the fifth consecutive session of declines for the peso. The central bank has cut interest rates by 150 basis points in the past month, after the government rela...Read More