Falling in the awkward post-US, pre-Asian session, the Reserve Bank of New Zealand will deliver its quarterly monetary policy statement in just a few hours (21:00 GMT). While the release is functionally equivalent to the Fed’s “live” quarterly meetings when it delivers updated assessments on the economy, the primary difference is that the RBNZ is […]
NZD/USD testing this daily & weekly range Read More »
By Nicole Rashotte Fortuna Silver Mines’ (TSX:FVI,NYSE:FSM) Lindero gold project in Argentina has hit construction delays, but commercial production is still scheduled to begin in Q3 2019, the company announced on Tuesday (August 7). Building delays at the site have limited Fortuna’s ability to start certain contracts, and that has shifted the planned start time
Fortuna Still Targeting Q3 Start for Lindero Despite Delays Read More »
A daily summary of high-profile members of several complexes. …read more From:: Resource Investor
Afternoon look at gold, crude & Treasuries Read More »
By Olivia Da Silva Sandfire Resources (ASX:SFR) has signed a binding agreement to acquire Talisman Mining’s (ASX:TLM) 30-percent interest in the Springfield joint venture in Western Australia. Through the plan, Sandfire will acquire the Talisman subsidiary that holds the Springfield interest. The purchase price tag comes in at $72.3 million on a debt-free, cash-free basis,
Sandfire to Pay $72.3 Million for Talisman’s Stake in Springfield Read More »
By Valentina Ruiz Leotaud A representative of Canadian gold giant Barrick Gold (TSX, NYSE:ABX) told the Globe & Mail today that the company’s Saudi operations are not affected by the current diplomatic dispute between Ottawa and Riyadh. In an email to the newspaper, spokesman Andy Lloyd said that Barrick has a strong relationship with Ma’aden
Barrick says copper operation in Saudi Arabia not affected by diplomatic dispute Read More »
By Nicole Rashotte The processing plant at Galantas Gold’s (TSXV:GAL,LSE:GAL) Northern Ireland-based Omagh gold mine has begun operating using feed from the underground development of the Kearney vein. The processing plant recently had upgrades made to certain sections and is expected to operate part time until production stoping starts late in 2018 or next year.
Galantas’ Omagh Processing Plant Begins Part-time Operations Read More »
As the Brexit-hit pound continues to get a hammering, the FTSE is still going strong despite an otherwise lackluster day in the stock markets. The GBP/USD broke below the 1.29 handle to reach its lowest level since last August, while the EUR/GBP hit a fresh high for the year at 0.90 and the GBP/JPY dropped
FTSE looking strong as Brexit-hit pound tumbles Read More »
By Reuters (Bloomberg) — By 1919, when James “Rawhide Jimmy” Douglas built a hotel directly outside the entrance to his copper mine in Arizona, he was already rich. Shares in his company, United Verde Extension Co., had gone from 15¢ a share in 1912 to $35 a share by 1916 (more than $800 in today’s
This $6.2 million mansion was once 40-room hotel for gold miners Read More »
By Cory댊 Inflation Data That Does Not Represent Real Life Inflation Angela Stone, CEO of Sloan Financial Group shares her thoughts on the actual inflation in the world. Even though the Fed data is showing around 2% if we want our investments to keep pace we need to understand what we are up against. Download
Exclusive KE Report Commentary – Wed 8 Aug, 2018 Read More »
It’s been a relatively quiet day for many major currencies today, with a dollop of weakness in the Canadian dollar and a touch of strength in the Australian dollar after last night’s RBA meeting the most notable moves so far. While British pound/U.S. dollar (GBP/USD) currency pair has been essentially flat on the day, there
GBP/USD tags a nearly 1-year low: What next? Read More »
