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Oil seeks floor, stocks tumble, sterling braces for wild swings

3 days ago DieselGasoil Comments Off on Oil seeks floor, stocks tumble, sterling braces for wild swings
MILAN (Reuters) – Oil struggled to find a floor and stocks tumbled on Wednesday as disappointing German GDP figures heightened worries over slowing global growth, while the pound eased off peaks as Prime Minister Theresa May faced the hard task of selling her Brexit deal. The German share price index DAX graph is pictured at Read More

Chilean regulators reject Albemarle's plans to boost lithium output

4 days ago DieselGasoil Comments Off on Chilean regulators reject Albemarle's plans to boost lithium output
SANTIAGO (Reuters) – Chilean environmental regulators have rejected plans by Albemarle Corp, the world’s top lithium producer, to expand output from the Salar de Atacama salt flat, according to filings with Chile’s Environmental Assessment Service (SEA). FILE PHOTO: Brine pools from a lithium mine, that belongs U.S.-based Albemarle Corp, is seen on the Atacama salt Read More

Exclusive: Chilean regulators reject Albemarle's plans to boost lithium output

4 days ago DieselGasoil Comments Off on Exclusive: Chilean regulators reject Albemarle's plans to boost lithium output
SANTIAGO (Reuters) – Chilean environmental regulators have rejected plans by Albemarle Corp, the world’s top lithium producer, to expand output from the Salar de Atacama salt flat, according to filings with Chile’s Environmental Assessment Service (SEA) viewed by Reuters. FILE PHOTO: Brine pools from a lithium mine, that belongs U.S.-based Albemarle Corp, is seen on Read More

Asia stocks retreat from one-month high as Fed tempers rally

1 week ago DieselGasoil Comments Off on Asia stocks retreat from one-month high as Fed tempers rally
TOKYO (Reuters) – Asian stocks pulled back from a one-month high on Friday as the Federal Reserve looked set to deliver another interest rate hike next month, paring gains made earlier this week after U.S. midterm elections triggered a global equities rally. FILE PHOTO – People walk past an electronic board showing Japan’s Nikkei average Read More

Asia stocks pull back from one-month high as Fed tempers rally

1 week ago DieselGasoil Comments Off on Asia stocks pull back from one-month high as Fed tempers rally
TOKYO (Reuters) – Asian stocks pulled back from a one-month high on Friday as the Federal Reserve appeared poised to deliver another interest rate hike next month, paring gains made earlier this week after U.S. midterm elections triggered a global equities rally. FILE PHOTO – People walk past an electronic board showing Japan’s Nikkei average Read More

China October exports surprisingly strong in race to beat higher U.S. tariffs

1 week ago DieselGasoil Comments Off on China October exports surprisingly strong in race to beat higher U.S. tariffs
BEIJING (Reuters) – China reported much stronger-than-expected exports for October as shippers rushed goods to the United States, its biggest trading partner, racing to beat higher tariff rates due to kick in at the start of next year. FILE PHOTO: A truck transports a shipping container at Qingdao port in Shandong province, China October 12, Read More

Shawcor Ltd. Announces Third Quarter 2018 Results

2 weeks ago DieselGasoil Comments Off on Shawcor Ltd. Announces Third Quarter 2018 Results
Third quarter 2018 revenue was $351 million, a decrease of 1% from the $353 million reported in the second quarter1 of 2018 and 11% lower than the $395 million reported in the third quarter of 2017. Adjusted EBITDA2 in the third quarter of 2018 was $38 million, an increase of 3% from the $37 million Read More

Shares roar higher on U.S.-China trade deal hopes

2 weeks ago DieselGasoil Comments Off on Shares roar higher on U.S.-China trade deal hopes
LONDON (Reuters) – World share markets soared on Friday as hopes built that the United States and China were starting to repair their badly damaged trade relations. Those hopes rose after a phone call between U.S. President Donald Trump and Chinese President Xi Jinping, triggering a global surge in risk appetite. Metals and swathes of Read More

Gold Resource Corporation Reports Third Quarter Results, Maintains 2018 Production Outlook

3 weeks ago DieselGasoil Comments Off on Gold Resource Corporation Reports Third Quarter Results, Maintains 2018 Production Outlook
COLORADO SPRINGS, Colo., Oct. 30, 2018 (GLOBE NEWSWIRE) — Gold Resource Corporation (NYSE American: GORO) (the “Company” or “GRC”) reported production results for the third quarter ended September 30, 2018 of 6,411 ounces of gold and 321,590 ounces of silver, which along with base metal revenue generated $24.3 million in net revenue for the quarter.  Read More