Three of Fed's own primary dealers see rate hikes on hold until 2017

Section:

By Yun Li
Bloomberg News
Monday, October 31, 2016

Three of the Federal Reserve's own primary dealers are warning bond traders that a growing consensus the central bank will raise interest rates by year-end is misguided.

While none of the 23 banks that trade with the Fed expect a hike at the conclusion of Wednesday's meeting, HSBC Holdings, Royal Bank of Canada, and Royal Bank of Scotland Group remain steadfast that policy makers will choose to hold off on raising rates at the Fed's Dec. 14 meeting as well.

History would seem to be on the trio's side. ...

... For the remainder of the report:

http://www.bloomberg.com/news/articles/2016-10-31/three-of-fed-s-own-pri...



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K92 Mining Begins Gold Production at Kainantu Mine

Company Announcement
Wednesday, October 5, 2016

K92 Mining Inc. is pleased to announce that gold production has commenced from the Irumafimpa gold deposit.

Ian Stalker, K92 Chief Executive Officer, says: "This milestone is highly significant for our company, and for this region of Papua New Guinea. A great deal of thanks goes to the entire team on site in PNG in achieving production ahead of schedule and on budget. The rehabilitation of the Irumafimpa gold mine, process plant, and associated infrastructure commenced in late March and is now complete. As an enhancement of the processing facility, we are also pleased to note that the installation of a new drum scrubber is also nearing completion and commissioning of this will be completed by the end of the month. ..."

...For the remainder of the announcement:

http://www.k92mining.com/2016/10/6077/



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