Geckoresearch News And Articles Gecko Research News And Articles en Brazil's 'new' mining code delayed further <p><em>Reuters, Aug 27, 2014</em></p> <h2>Brazil's new mining code, a flagship policy of President Dilma Rousseff first announced in 2009, is unlikely to be passed before next year and could be ditched entirely if the government changes in upcoming elections, industry insiders say.</h2> <p>The impasse has meant miners have had projects delayed, others have rushed to lock in current terms, and some avoided the country altogether.</p> <p><a href="" target="_blank">read more</a></p> Wed, 27 Aug 2014 18:35:42 +0000 6991 at U.S. Budget Gap Narrows to Smallest Since 2007 <p><em>Bloomberg, Aug 27, 2014</em></p> <p><a href="" target="_blank">read more</a></p> Wed, 27 Aug 2014 17:44:53 +0000 6990 at Slowing Home Sales Show U.S. Market Lacks Momentum <p><em><span>Reuters, Aug 26, 2014&nbsp;</span></em></p> <p>The pace of new-home sales fell to the slowest in four months in July, signaling U.S. real estate lacks the vigor to propel faster growth in the economy.</p> <p>Purchases unexpectedly declined 2.4 percent to a 412,000&nbsp;annualized pace, weaker than the lowest estimate of economists surveyed by Bloomberg, Commerce Department data showed today in&nbsp;Washington. June purchases were revised up to a 422,000 rate after a May gain that was also bigger than previously estimated.</p> <p><a href="" target="_blank">read more</a></p> Tue, 26 Aug 2014 20:04:53 +0000 6989 at U.S. consumer confidence hits nearly seven-year high in August <p><em><span>Reuters Aug 26, 2014</span></em></p> <p><span>U.S. consumer confidence rose in August to its highest level since October 2007 on improved feelings about the current state of the&nbsp;economy, according to a private sector report released on Tuesday.</span></p> <p><span>The Conference Board, an industry group, said its index of consumer attitudes rose to 92.4 from a downwardly revised 90.3 the month before. Economists had expected a reading of 89, according to a Reuters poll.</span></p> <p><a href="" target="_blank">read more</a></p> Tue, 26 Aug 2014 14:44:35 +0000 6988 at Michael Pento: Why Global Bond Yields Are Tumbling <p class="ecxMsoNormal"><em>By Michael Pento, Aug 25, 2014</em></p> <p><a href="" target="_blank">read more</a></p> Mon, 25 Aug 2014 16:46:50 +0000 6987 at Fed in 'real debate' on rate hike in early to mid-2015 <p><em>Reuters, Aug 23, 2014</em></p> <h2>The U.S. Federal Reserve is focused on an initial interest rate hike between the first quarter and the middle of next year, with possible changes in its main policy statement as soon as next month, Atlanta Fed President Dennis Lockhart said on Saturday.</h2> <p>"It is reasonable with the improving data to begin to anticipate a change in the basic interest rate policy and, therefore, it is quite a reasonable debate as to whether that ought to be early 2015 or mid-2015 or even later," Lockhart told Reuters in an interview here. "The debate is real."</p> <p><a href="" target="_blank">read more</a></p> Sat, 23 Aug 2014 18:19:52 +0000 6986 at NEWS: First Majestic to List on the Mexican Stock Exchange <p><em>Aug 22, 2014</em></p> <p>First Majestic Silver Corp. is pleased to announce that its common shares have been authorized for listing on the Mexican Stock Exchange ("BMV"). The Company expects the shares to begin trading on the BMV on <span class="xn-chron">Monday, August 25, 2014</span> under the trading symbol "AG". The Company will retain its primary listings on the Toronto Stock Exchange and the New York Stock Exchange under the trading symbols "FR" and "AG", respectively.</p> <p><a href="" target="_blank">read more</a></p> Fri, 22 Aug 2014 21:47:54 +0000 6984 at What if China, Russia Succeed in Going off the Dollar? <p><em>By Henry Bonner, Aug 21, 2014</em></p> <p>Alasdair Macleod writes the blog FinanceAndEconomics.Org. His research aims to explain the relationship between the dollar and gold, and to warn investors about the biggest threats to their wealth from macro-economic events.&nbsp;</p> <p>Besides what the Fed is doing by printing money, there is another big threat to the dollar, said Alasdair. Countries in Asia are banding together in order to rid themselves of using the dollar in international trade.</p> <p><a href="" target="_blank">read more</a></p> Fri, 22 Aug 2014 18:27:54 +0000 6983 at Common sense disappears in mining mergers <p><em>FT, Aug 22, 2014</em></p> <h2>Thankfully focus is now on costs, cash and core assets</h2> <p>Many a good mine is spoiled by sinking the shaft, as the old adage goes. The new adage might run: many a good mining company is spoiled by a merger.</p> <p><a href="" target="_blank">read more</a></p> Fri, 22 Aug 2014 16:51:04 +0000 6982 at Janet Yellen: Job market not recovered <p><em>CNN Money, Aug 22, 2014</em></p> <h2>The U.S. job market has improved over the past year, but it is still not fully recovered.</h2> <p>That was Federal Reserve Chair Janet Yellen's main message Friday in a much anticipated speech.</p> <div id="ie_column"> <div id="quigo220"> <div id="ad-608453"></div> </div> </div> <p>"It speaks to the depth of the damage that, five years after the end of the recession, the labor market has yet to fully recover," she said.</p> <p><a href="" target="_blank">read more</a></p> Fri, 22 Aug 2014 16:31:34 +0000 6981 at