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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

2 hours ago DieselGasoil Comments Off on Gold Resource Corporation Eyes Isabella Pearl Open Pit Expansion and Additional Pit Discovery at Scarlet and Civit Cat North West Targets
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

Recession obsession keeps the mood subdued

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LONDON (Reuters) – Calm returned to global markets on Tuesday as a steadier day for Europe and Asia’s bourses and a tick higher in benchmark bond yields helped ease nerves after a jarring few days dominated by recession worries. The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, Read More

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

4 hours ago DieselGasoil Comments Off on Russia adds more than 1,000,000 ounces of gold to country's vast stockpile
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

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

6 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

Aston Martin falls 5% in its London IPO

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You could own James Bond’s car Aston Martin is joining the ranks of listed automakers with an IPO that values the British company at more than $5 billion. But its first day of trading in London got off to a rocky start. The favorite carmaker of fictional British secret service agent James Bond priced its Read More

Standard Chartered CEO says fears of China growth slowdown, trade war are receding

11 hours ago DieselGasoil Comments Off on Standard Chartered CEO says fears of China growth slowdown, trade war are receding
Standard Chartered PLC Group Chief Executive Bill Winters attends the China Development Forum in Beijing, China March 23, 2019. REUTERS/Thomas Peter HONG KONG (Reuters) – Standard Chartered PLC Chief Executive Bill Winters said fears over a slowdown in China’s economic growth and the impact of the Sino-U.S. trade tensions are “receding a bit”. “China has Read More

Asian shares edge up as U.S. bond yields come off late-2017 lows

11 hours ago DieselGasoil Comments Off on Asian shares edge up as U.S. bond yields come off late-2017 lows
TOKYO (Reuters) – Asian shares bounced back on Tuesday after two days of losses as U.S. 10-year Treasury yields edged higher, but the outlook remained murky as investors weighed the odds of whether the U.S. economy is in danger of slipping into recession. FILE PHOTO: A man is seen in front of an electronic board Read More

Global carbon emissions hit record high in 2018: IEA

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LONDON (Reuters) – Global energy-related carbon emissions rose to a record high last year as energy demand and coal use increased, mainly in Asia, the International Energy Agency (IEA) said on Tuesday. Energy-related CO2 emissions rose by 1.7 percent to 33.1 billion tonnes from the previous year, the highest rate of growth since 2013, with Read More

Shell makes aggressive move into UK retail power market

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By Helen Robertson and Jeremy Hodges on 3/25/2019 LONDON (Bloomberg) — Royal Dutch Shell took a step forward in its aim to become the world’s biggest power company with an aggressive move into the UK retail market by offering one of the cheapest tariffs available. Shell Energy, formerly known as First Utility Ltd., said Monday Read More