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Daily Dispatches
Barrick seeks 'distinctive and preferred relationship with China'
Submitted by cpowell on Sat, 2018-09-29 19:44 Section: Daily DispatchesBarrick Eyes China Money to Lower Africa Risk After Randgold Deal, Sources Say
By John Tilak and Clara Denina
Reuters
Friday, September 28, 2018
Ted Butler: What disconnect?
Submitted by cpowell on Fri, 2018-09-28 12:27 Section: Daily Dispatches12:26p ET Friday, September 28, 2018
Dear Friend of GATA and Gold:
JPMorgan's Marko Kolanovic says dollar hegemony is now at risk
Submitted by cpowell on Thu, 2018-09-27 13:51 Section: Daily DispatchesBy Cecile Gutscher
Bloomberg News
Thursday, September 27, 2018
A backlash against the world's reserve currency may be brewing as rivals to America look to weaken the dollar's hold over the global financial system, says Marko Kolanovic, macro-market wiz at JPMorgan Chase & Co.
Peter Hambro returns to Russian gold miner Petropavlovsk
Submitted by cpowell on Thu, 2018-09-27 09:20 Section: Daily DispatchesBy Henry Sanderson
Financial Times, London
Thursday, September 27, 2018
City veteran Peter Hambro has returned to the Russian gold miner he co-founded, Petropavlovsk, following his ousting after a shareholder revolt.
Mr. Hambro will be president of the company and a senior adviser to the board, the company said today.
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Judge sides with CFTC on virtual currency oversight
Submitted by cpowell on Thu, 2018-09-27 00:49 Section: Daily DispatchesBy Michelle Price
Reuters
Wednesday, September 26, 2018
WASHINGTON -- A federal judge said on Wednesday that virtual currencies meet the definition of a commodity and fall within the jurisdiction of the U.S. derivatives regulator, allowing the agency to pursue fraud allegations against My Big Coin Pay Inc.
Barrick draws closer to Chinese government-owned Shandong Gold
Submitted by cpowell on Thu, 2018-09-27 00:33 Section: Daily DispatchesBarrick and Shandong Gold Enter Cross-Shareholding Deal
From Zacks Investment Research, Chicago
via NASDAQ.com, New York
Wednesday, September 25, 2018
Barrick Gold Corp. has inked a mutual investment agreement with Shandong Gold Group Co. Ltd. The move strengthens the company's partnership with one of the leading mining companies in China.
EU, Russia, and China agree to special payments system for Iran
Submitted by cpowell on Tue, 2018-09-25 22:09 Section: Daily DispatchesBy Mehreen Khan and Henry Foy
Financial Times, London
Tuesday, September 25, 2018
The European Union's three biggest member states have agreed to a deal with Russia and China to set up a special payments system to facilitate trade with Iran as global powers step up measures to protect a nuclear deal with Tehran after the United States reimposed sanctions.
Craig Hemke at Sprott Money: Ahead of Wednesday's FOMC
Submitted by cpowell on Tue, 2018-09-25 21:41 Section: Daily Dispatches9:45p ET Tuesday, September 25, 2018
Dear Friend of GATA and Gold:
On Wednesday, the TF Metals Report's Craig Hemke writes today at Sprott Money, the Federal Reserve chairman is likely to present a lovely evaluation of the U.S. economy. Don't believe it, Hemke says.
Zimbabwe president says China won't colonize his country with loans
Submitted by cpowell on Mon, 2018-09-24 08:58 Section: Daily DispatchesBy Giffs Dube
Voice of America, Washington
Sunday, September 23, 2018
WASHINGTON -- Zimbabwe President Emmerson Mnangagwa has allayed fears that Zimbabwean authorities are auctioning the country's resources and surrendering its sovereignty to China in exchange of loans running into billions of dollars being sourced from the Asian nation.
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Barrick Gold to buy Randgold Resources in $18.3 billion deal
Submitted by cpowell on Mon, 2018-09-24 08:51 Section: Daily DispatchesBy Zandi Shabalala, Justin George Varghese, and Clara Denina
Reuters
Monday, September 24, 2018
LONDON -- Canada's Barrick Gold has agreed to buy Randgold Resources Ltd in a $18.3 billion share deal to create the world's largest gold company by value and output in an industry under investor pressure to put capital to good use.