Commodities
Commodities: WTI lower after US rig count data, gold threatens drop below $1,200/oz.
Commodities saw almost across-the-board declines at the start of the week, with oil futures weighed down by further gains in the US dollar, predictions for increased supplies and a jump in the US oil rig count.
Scotgold sees 'significant advancement' in Loch Lomond mine permitting
Scotgold Resources on Monday told investors that despite delays, "significant advancement" has been made in the permitting process of its Cononish Gold and Silver Mine, near Loch Lomond in Scotland.
Chinese PBoC shifts stance in July, leans on lenders
China's central bank shifted its stance last month, leaning on the country's lenders to increase their loan volumes as Beijing seeks to offset weaker growth and the impact from frictions with its largest trading partners.
Sector movers: Miners find a bid despite US dollar strength
Commodity-related stocks were on the front foot at the start of the week, buoyed by the release of data in China that some analysts suggested might show that the authorities had "switched stance" and that the country's central bank had been leaning on the country's banks to lend more.
Premier African Minerals gets govt assurances on RHA stake
Premier African Minerals on Monday received positive feedback from the Zimbabwean government regarding the firm’s proposal to increase its holding in RHA Tungsten to 90%.
Reabold seeking quick returns on California project after successful workover
Oil and gas investment company Reabold Resources on Monday confirmed that work is scheduled to commence this week on a California oil licence in which it has an option to invest.
Avesoro swings to profit as gold production soars by 300%
Gold miner Avesoro Resources on Monday swung to a pretax profit for the first half of the year after the firm’s production and sales increased threefold compared to last year.
Turkey's central bank slows lira plunge with liquidity pledge
Turkey's currency crisis rumbled on into a second week as authorities did not announce any new measures until mid-morning on Monday.