Kerr Mines Inc (KER)

[goldenpolarbear]

”... US customs issues notice of higher Chinese tariffs

It’s official! US Customs officials are ready to start collecting a new 25% tariff rate on thousands of products from China, in just seven hours time.

A notice on the U.S. Customs and Border Protection web site says it will begin collecting a 25% tariff on $200bn worth Chinese imports at 12:01 a.m. (05:01am UK time).

They are implementing a document filed earlier this week, which itself followed tweets from Donald Trump on Sunday which blamed China for moving too slowly in the trade talks.

The higher tariff applies to over 5,700 products that were previously hit with a 10% tariff last year. Here’s the announcement.


https://www.theguardian.com/business/live/2019/may/09/markets-us-china-trade-talks-liu-donald-trump-business-live

https://kerrmines.com/

“... Seoul, South Korea (CNN)

North Korea has launched two suspected "short-range missiles," South Korea's military said Thursday, adding yet another complication into Pyongyang's stalled negotiations with the United States and peace talks with South Korea.

It launched the projectiles at 4:29 p.m. local (3.29 a.m. ET) and 4:49 p.m. local towards the east, which had an estimated range of 420 kilometers (260 miles) and 270 kilometers respectively, South Korea's Joint Chiefs of Staff (JCS) said in a statement.

The missiles had an altitude of around 50 kilometers and hit the East Sea, also known as the Sea of Japan, South Korea's Defense Military told CNN. It added that it had detected that one of the projectiles was launched from Sino-ri and the other was launched from Kusong, both in the North Pyongan Province, in northwest North Korea.

https://www.cnn.com/2019/05/09/asia/north-korea-projectile-intl/index.html

Giulio T. Bonifacio
Chief Executive Officer & Director of Kerr Mines
Mr. Bonifacio has over 30 years in senior executive positions in the mining industry. Mr. Bonifacio is the founder and was the CEO of Nevada Copper since its inception in 2005 until 2018. He has also been instrumental in providing over $700 million of capital to projects of merit while having led the efforts at every stage of development from exploration, production, permitting and construction. He is a CPA with extensive experience in the capital markets, securities matters, project finance and M&A. He held senior roles with Getty Resources, TOTAL and Vengold.

https://kerrmines.com/corporate/