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GOLD (MSM)

September 16, 2015 GOLD (MSM)

Glencore in talks on streaming deals on Chile, Peru mines -sources

[Reuters] – Glencore is in talks with Franco-Nevada Corp, Silver Wheaton Corp, Royal Gold Inc and two other companies to sell portions of the future production of three South American copper mines, two sources with knowledge of the talks said. The so-called streaming deals involve Glencore’s Antamina and Antapaccay copper mines in Peru, and its Collahausi mine in Chile, they said. Streaming transactions are a type of alternative financing in

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SILVER (MSM)

April 08, 2015 SILVER (MSM)

Wednesday, April 8: Today in Gold and Silver

NEW YORK (TheStreet) — The gold price wasn’t doing much of anything until the dollar index launched skyward at 7:45 a.m. in London on their Tuesday morning.  Gold, along with the other three precious metals, fought that headwind all day long—and did pretty well all things considered. The gold price traded within an eight dollar price range yesterday, so the high and low ticks are not relevant. … Click to

April 07, 2015 SILVER (MSM)

Tuesday, April 7: Today in Gold and Silver

NEW YORK (TheStreet) — The gold price gapped up at the open of trading at 6 p.m. EDT on Sunday evening—and then chopped more or less sideways until it caught a bit of a bid shortly before COMEX trading began in New York on Monday morning.  That rally lasted until minutes after the London gold market closed, which was 4 p.m. BST/11 a.m. EDT.  From there it was under selling

April 06, 2015 SILVER (MSM)

First Majestic Announces Acquisition of Shares of First Mining Corp.

[PR Newswire] – VANCOUVER, April 6, 2015 /PRNewswire/ – First Majestic Silver Corp. (“First Majestic” or the “Company”) announces that it has acquired 14,509,279 common shares of First Mining Finance Corp. (“First Mining”) (FF:TSXV), representing 19.7% of the outstanding common shares of First Mining. The common shares were acquired by First Majestic in its capacity as a shareholder of KCP Minerals Inc. (formerly known as Sundance Minerals Ltd.) (“Sundance”), a

April 04, 2015 SILVER (MSM)

Saturday, April 4: Today in Gold and Silver

NEW YORK (TheStreet) — With the Globex/Comex closed for the Good Friday holiday, all four Kitco precious metal charts all looked like this. The equity markets were closed as well, so there’s no HUI or Intraday Silver Sentiment Index—and no delivery report from the CME, nothing from GLD or SLV, the U.S. Mint, or the Comex-approved depositories. … Click to view a price quote on GLD. Click to research the

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ENERGY (MSM)

June 16, 2015 ENERGY (MSM)

White House secures $4 billion in investments for clean energy

By Timothy Gardner WASHINGTON (Reuters) – The White House has secured more than $4 billion to boost clean energy and fight climate change from foundations, institutional investors and philanthropies, doubling a goal set in February, administration officials said. Vice President Joe Biden told a conference on clean energy at the White House on Tuesday that a “staggering” number of long-term jobs can be created in the sector “if we make

June 16, 2015 ENERGY (MSM)

EU set to meet green energy goal but UK, Netherlands trail

By Susanna Twidale LONDON (Reuters) – The European Union is collectively on track to achieve its goal of sourcing a fifth of its energy from renewables by 2020, although Britain, the Netherlands and Luxembourg are currently lagging behind, the European Commission said on Tuesday. Renewable energy is expected to have accounted for 15.3 percent of total energy consumption in the EU last year, the Commission said, setting the bloc on

June 16, 2015 ENERGY (MSM)

White House rallies investors to commit $4 billion to clean energy

The White House has pushed foundations, institutional investors and philanthropies to commit more than $4 billion to clean energy projects and help fight climate change, doubling a goal set in February, officials said. The administration issued a call to action early in the year asking them to make commitments on clean energy innovation, and “we’ve seen a really overwhelming response,” White House senior adviser Brian Deese told reporters in a

June 15, 2015 ENERGY (MSM)

Chevron says no production impact from US Gulf storm

Chevron Corp has evacuated some workers not essential to oil production from its Gulf of Mexico operations as a low-pressure storm system moves through the basin, but output has not been affected, the company said on Monday. Royal Dutch Shell on Monday said it was still evacuating so-called non-essential workers ahead of the storm, such as cooks and maids, with no production impact from the weather. Chevron is the No.

June 14, 2015 ENERGY (MSM)

U.S. oil companies eye tropical disturbance in south Gulf of Mexico

U.S. oil companies were closely watching a large tropical disturbance in the southern Gulf of Mexico, but were not changing operations despite the system’s 70 percent chance of developing into a tropical cyclone over the next 48 hours, according the U.S. National Hurricane Center. Leading oil producer in the U.S.-regulated Gulf of Mexico Shell Oil Co, the U.S. arm of Royal Dutch Shell, said it was monitoring the storm on

June 14, 2015 ENERGY (MSM)

El Sewedy Electric to develop solar power plant in Upper Egypt

Egyptian cable maker El Sewedy Electric said on Sunday it had entered into an agreement to develop a 50 megawatt solar energy power plant in the Upper Egypt region. El Sewedy formed the Egyptian Company for Solar Energy Development, a subsidiary that it will invest about $75 million in, which will be in charge of developing, funding, owning and running the power plant, the cable maker said in a statement

June 11, 2015 ENERGY (MSM)

Whirlpool windmill produces power without blades

By Jose Elías Rodríguez (Reuters) – A 1940 clip of the Tacoma Narrows suspension bridge in the United States stretching like chewing gum in a gale captured the imagination of a Spanish engineering student who became obsessed with how he could turn that chaos into power.     Twelve years later, David Yanez is part of a team inspired by the motion that collapsed the bridge to create a bladeless wind turbine

June 11, 2015 ENERGY (MSM)

Oil steady as bullish IEA balances bearish World Bank

Oil prices steadied on Thursday as a bullish report from the International Energy Agency (IEA) agency balanced a gloomy outlook from the World Bank, which cut its global economic growth forecast. IEA, which coordinates energy policy for industrial nations, raised its projection for global oil demand growth in 2015 by 280,000 barrels per day (bpd) to 1.40 million bpd, bringing demand this year to almost 94 million bpd. The agency

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