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PRECIOUS-Gold edges lower after S&P raises U.S. outlook
ReutersSINGAPORE, June 11 (Reuters) - Gold slipped in early Asian trading on Tuesday as the U.S. dollar and equities strengthened after Standard & Poor's revised its credit outlook for the United States to stable from negative. FUNDAMENTALS * Spot gold had...Tags: Stock Market, Mining, Metal and Mineral, Standard & Poor's Financial Services LLC, Federal Reserve
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RPT-Miners may take more hits from weak gold prices after Newcrest
ReutersSYDNEY/TORONTO, June 10 (Reuters) - The pain is not likely to be over for investors in mining shares after the steepest drop in gold prices in a generation led to a $6 billion asset writedown at Australia's Newcrest Mining, fuelling speculation of more to...Tags: Goldcorp Incorporated, Mining, AngloGold Limited, Metal and Mineral, Casino and Gambling Industry
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REFILE-GLOBAL MARKETS-Dollar jumps on S&P credit revision, bond yields rise
Reuters* S&P drops negative outlook for U.S. government debt * Dollar gains on the news, government debt prices fall * Equity markets mostly flat amid unease about Fed policy * Uncertainty reigns over when Fed might ease its bond buying By Herbert Lash...Tags: S&P 500, Standard & Poor's Financial Services LLC, Federal Reserve, Financial Markets, Credit Ratings
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GLOBAL MARKETS-Dollar jumps on S&P credit revision, bond yields rise
Reuters* S&P drops negative outlook for U.S. government debt * Dollar gains on the news, government debt prices fall * Equity markets mostly flat amid unease about Fed policy * Uncertainty reigns over when Fed might ease its bond buying By Herbert Lash...Tags: S&P 500, Federal Reserve, Financial Markets, Credit Ratings, Foreign Exchange Market
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Metals producer Suriname promises WTO safeguards for investors
ReutersBy Tom Miles GENEVA, June 10 (Reuters) - South American metals and energy producer Suriname, which signed deals last week with U.S. and Canadian miners, said on Monday that it plans to improve safeguards for investors and set up a sovereign wealth fund....Tags: Metal and Mineral, Newmont Mining Corporation, Casino and Gambling Industry, Suriname, International Organizations
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Produced By Conference: A 'gold rush' out of L.A. for tax credits
California, beware: Film producers are increasingly sizing up rivals in emerging regional production centers outside of Hollywood, from Pittsburgh to Atlanta. That was the blunt, but all too familiar, message delivered at a panel Sunday at the fifth...
Tags: Credit and Debt, Twentieth Century Fox Film Corp., Metal and Mineral, Good Will Hunting (movie), Finance
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Lay preacher turned union boss wages S.African class war
Reuters* Preacher's son angered by poverty, income disparities * Evangelical style appeals to downtrodden miners * Investors take notice as AMCU dominates platinum belt * Wildcat strikes have cost billions, led to credit downgrades By Ed Stoddard and...Tags: Career and Workplace, U.S. Congress, Africa, South Africa, Strikes
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Suriname lawmakers approve Newmont gold mining deal
ReutersCARACAS, June 8 (Reuters) - Suriname's National Assembly has approved a mineral agreement with U.S.-based Newmont Mining Corp and Alcoa Worldwide Alumina to develop the South American country's Merian Gold Project. The agreement covers 25 years and the...Tags: Mining, Metal and Mineral, Petroleum Industry, Newmont Mining Corporation, National Government
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Dollar rebounds as U.S. jobs data shows economic resilience
ReutersNEW YORK (Reuters) - The dollar on Friday recouped sharp losses posted the previous session after a government report showed reasonably healthy U.S. job creation in May, renewing expectations the Federal Reserve might scale back its massive asset...Tags: Marketing, Charles Evans, Employment, Shinzo Abe, Bank of New York Company
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GLOBAL MARKETS-Dollar, shares gain after U.S. jobs data pleases investors
Reuters* Dollar gains after U.S. payrolls rise by 175,000 in May * Data not seen as strong enough to prompt Fed pullback soon * Global equity markets rise on 'Goldilocks' data * Fear of immediate Fed easing abates, but wait 'til September By Herbert Lash...Tags: S&P 500, Federal Reserve, NASDAQ, Financial Markets, Credit Ratings
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Soccer star Didier Drogba takes stake in Ivory Coast gold mine
ReutersBy Loucoumane Coulibaly and Joe Bavier ABIDJAN, June 7 (Reuters) - Former Chelsea soccer star Didier Drogba has taken a stake in an Ivory Coast gold mine, the latest sign of his increasing engagement in his homeland which is recovering from a decade of...Tags: Mining, Metal and Mineral, Soccer, Sports, FIFA World Cup
Jun 10, 2013
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Jun 8, 2013
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Jun 7, 2013
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Jun 7, 2013
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