Fortuna Silver Mines Inc., which is traded on the Toronto Stock Exchange, has applied for a listing on the New York Stock Exchange, the Vancouver-based company said Monday.
Guinea is in advanced talks with state-owned China Power Investment to develop a bauxite mine and build an alumina refinery, deep water port and a power plant in the West African state, Guinean government sources said.
The darkening economic outlook this month has sent investors out of the palladium market in droves, but the coming months of uncertainty are likely to be more of a cooling-off period than an end to their romance with last year's star performer.
Gold and gold receivables held by euro zone central banks remained unchanged at 363.25 billion euros in the week ending Aug. 12, the European Central Bank said on Tuesday.
The negative pressures continue, while RSI is presently breaching the value of 50.00 downwards. Areas between 40.40 and 40.20 have proved its solidity.
China's Sichuan Hanlong Group made a bid to buy out the shares it doesn't already own in West African iron ore exploration company Sundance Resources, valuing the private conglomerate at A$1.4 billion ($1.5 billion).
Last week, Hanlong, which is seeking to expand its reach in global resources, launched a A$144 million takeover bid for Bannerman Resources, which is looking for uranium in Namibia.
Market sentiment buoyed as Chinese macroeconomic data surprised to the upside, temporarily overshadowing ongoing debt problems in the Eurozone.
Oil prices climbed with the front-month contract for WTI crude oil rising to 97.96 and the equivalent Brent
The metal is threatening 36.75 levels without achieving a four hour closing above them. Stochastic is showing tendency to form a negative divergence with a bearish overlapping sign occurred with the opening of today's trading. Coming beneath 36.35 may
Another fund with major commodities exposure, New York-based Ospraie with about $2 billion under management, lost 3.1 percent last month but was up 1.7 percent in the year through June, fund data obtained by Reuters showed.
