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Gold Resource Corporation Eyes Isabella Pearl Open Pit Expansion and Additional Pit Discovery at Scarlet and Civit Cat North West Targets

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COLORADO SPRINGS, Colorado, March 26, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Gold Resource Corporation (NYSE American: GORO) (the “Company”) announced today its Nevada Mining Unit’s exploration plans include targeted expansion of the Isabella Pearl (IP) open pit deposit by testing the adjacent Civit Cat North.  Additional nearby targets with open pit potential include “Scarlet”, Read More

Permian region crude oil prices have increased with additional pipeline takeaway capacity

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March 26, 2019 Source: U.S. Energy Information Administration, based on Bloomberg, L.P. Crude oil prices in the Permian region have increased since the beginning of the year as two recent pipeline capacity additions reduced some of the takeaway constraints that developed in the middle of 2018. These transportation constraints had forced producers to use more Read More

China boosts coal mining capacity despite climate pledges

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FILE PHOTO: A driver gets off a loading vehicle at local businessman Sun Meng’s small coal depot near a coal mine of the state-owned Longmay Group on the outskirts of Jixi, in Heilongjiang province, China, October 23, 2015. REUTERS/Jason Lee/File Photo BEIJING (Reuters) – China added 194 million tonnes of coal mining capacity in 2018, Read More

Factbox: Cyclone Idai kills 686, displaces hundreds of thousands

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BEIRA, Mozambique (Reuters) – Hundreds of thousands of people are in need of food, water and shelter after Cyclone Idai battered Mozambique, Zimbabwe and Malawi. Survivors of cyclone Idai cross a temporary bridge as they arrive at Coppa business centre to receive aid in Chipinge, Zimbabwe, March 26, 2019. REUTERS/Philimon Bulawayo As of Tuesday, at Read More

Russia adds more than 1,000,000 ounces of gold to country's vast stockpile

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The Central Bank of Russia boosted foreign exchange reserves by 31.1 tons of gold in February, raising holdings of the precious metal to 2,149 tons, according to foreign reserve data updated by the regulator. Gold reserves grew by 1.5 percent against the previous month. The value of the gold reserves reportedly increased 2.4 percent to Read More

Around 1.85 million people affected by cyclone in Mozambique: U.N.

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School children and a man carrying food aid cross a river after Cyclone Idai at Coppa business centre in Chipinge, Zimbabwe, March 26,2019. REUTERS/Philimon Bulawayo BEIRA, Mozambique (Reuters) – About 1.85 million people have now been affected by Cyclone Idai and its aftermath in Mozambique alone, U.N. humanitarian agency OCHA said on Tuesday, as aid Read More

Indonesia says low-carbon plan could spur annual GDP growth

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JAKARTA (Reuters) – Indonesia plans to adopt a more sustainable economic development plan from 2020 that could deliver annual GDP growth of 5.6 to 6 percent over the next 25 years, its planning minister said on Tuesday. FILE PHOTO: Heavy traffic is seen on a main toll road as many people leave the city ahead Read More

Around 1.85 million people affected by Cyclone Idai in Mozambique: U.N.

3 hours ago DieselGasoil Comments Off on Around 1.85 million people affected by Cyclone Idai in Mozambique: U.N.
School children and a man carrying food aid cross a river after Cyclone Idai at Coppa business centre in Chipinge, Zimbabwe, March 26,2019. REUTERS/Philimon Bulawayo BEIRA, Mozambique (Reuters) – About 1.85 million people have now been affected by Cyclone Idai and its aftermath in Mozambique alone, U.N. humanitarian agency OCHA said on Tuesday, as aid Read More

Japan market watchdog seeks $1.2 million fine against Citi, alleges JGB manipulation

4 hours ago DieselGasoil Comments Off on Japan market watchdog seeks $1.2 million fine against Citi, alleges JGB manipulation
The Citigroup Inc (Citi) logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. Picture taken October 19, 2017. REUTERS/Chris Helgren TOKYO (Reuters) – Japan’s SESC market watchdog said on Tuesday it had recommended a $1.2 million fine against the British unit of Citigroup Inc for alleged manipulation Read More

StanChart sees China slowdown, trade war fears receding, eyes digital push

4 hours ago DieselGasoil Comments Off on StanChart sees China slowdown, trade war fears receding, eyes digital push
HONG KONG (Reuters) – Fears over a slowdown in Chinese economic growth and the impact of the Sino-United States trade tensions are “receding a bit”, the chief executive of London-based bank Standard Chartered, which makes the bulk of its revenue in Asia, said. Standard Chartered PLC Group Chief Executive Bill Winters attends the China Development Read More