BENGALURU, July 10 (Reuters) - Gold prices edged up in early Asian trade on Tuesday after hitting a two-week high in the previous session, amid political uncertainty over Brexit and as the U.S. dollar remained subdued.FUNDAMENTALS* Spot gold was up 0.1 percent at $1,258.12 an ounce at 0057 GMT. The metal touched its highest since June 26 at $1,265.87 on Monday.* U.S. gold futures for August delive...Read More

When I was a young lad in the late 1970s, my older brother had an Aerosmith concert t-shirt back when they were jacked up on heroin and cocaine. The shirt read "Night in the Ruts" on the front. On the back, the "N" and "R" were crossed out and transposed with a graffiti font, and it read "Right in the Nuts."To my adolescent mind, it was coolest shirt in the known universe, though my brother would...Read More

Avesoro Resources Inc. (TSX: ASO, AIM: ASO) is engaged in the exploration and development of gold deposits in highly prospective and under-explored areas of Liberia, Burkina Faso and Cameroon. The company's vision is to become a premier, mid-tier, West African gold producer and developer. It plans to achieve this in two ways. First, by focusing on resource definition and conversion to expand Miner...Read More

Brazilian domestic prices for hot-rolled coil (HRC) and hot-dipped galvanized coil (HDG) have increased only marginally in July, with local producers struggling to apply previously announced price increases.Flat steel companies in the country have been trying to raise prices since early June, but strong competition is getting in the way of the adjustment."The market got messy [and] each client is...Read More

BOSTON (Reuters) - Two former employees of rival biopharmaceutical companies were convicted on Tuesday on U.S. charges that they used their access to confidential information about drug studies to profit in the stock market through insider trading.A federal jury in Boston found Schultz Chan, a former Akebia Therapeutics Inc employee, and Songjiang Wang, who worked at Merrimack Pharmaceuticals Inc,...Read More

Import prices for some flat steel products in the United Arab Emirates and Saudi Arabia decreased this week because of lower offer and deal prices, sources told Metal Bulletin on Tuesday July 10.There is a liquidity shortage among some contractors, who are not receiving payments on time, sources said, while the seasonal slowdown continues.UAEMetal Bulletin's weekly price assessment for UAE imports...Read More

Vancouver, British Columbia - July 10, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Seahawk Ventures Inc. (CSE: SHV) ("Seahawk") increases property holdings in the Urban-Barry mining area by 287% to 49,988 acres with a phased acquisition over 3 years. Seahawk's property holdings will increase from 6,495 to 18,611 hectares with the final acquisition of Skyfall property. The newest acquisition...Read More

Vancouver, British Columbia - July 10, 2018 (Newsfile Corp.) (Investorideas.com Newswire) Cornerstone Metals Inc. (TSXV: CCC) (OTCQB: CCCCF) (FSE: 1PY) ("Cornerstone" or the "Company") is pleased to provide a project update on drilling plans, preliminary engineering, metallurgy and environmental studies on its Carlin Vanadium Project, south of Carlin, Nevada.The Company has secured a drill contrac...Read More

Vancouver, British Columbia - July 10, 2018 (Newsfile Corp.) (Investorideas.com Newswire) CanAlaska Uranium Ltd. (TSXV: CVV) (OTCQB: CVVUF) (FSE: DH7N) ("CanAlaska" or the "Company") is pleased to announce being able to model historical drill data and define a 400 metre long high-grade nickel target within a 1,200 metre long horizon of semi-continuous nickel mineralization, north of the former pro...Read More

July 10, 2018 (Investorideas.com Newswire) Jack Chan charts the latest moves in the gold markets and sees the potential for a new "bull leg." Our proprietary cycle indicator is now up. The gold sector is on a long-term buy signal. Long-term signals can last for months and years and are more suitable for investors holding for long term. The gold sector is on a short-term buy signal. Short-term sign...Read More

July 10, 2018 (Investorideas.com Newswire) In a period of economic uncertainty exacerbated by threats of a trade war, Samuel Pelaez, chief investment officer and portfolio manager with Galileo Global Equity Advisors, delves beyond the headlines to discuss the factors that are influencing gold, oil and other commodities, and why he believes we are on the cusp of a once-in-a-lifetime opportunity in...Read More

SAN FRANCISCO (Reuters) - Alphabet Inc’s Google introduced new ad-buying tools on Tuesday that showcase its growing push to allow machines instead of humans to fine-tune ads and determine where they should run.Advertisers have welcomed the advanced software, which could encourage them to spend more on Google as it makes more efficient use of their money. But consumer privacy and technology a...Read More

NEW YORK (Reuters) - The Dow and S&P 500 rose on Tuesday, extending recent gains as strong results from PepsiCo boosted optimism about the earnings season, while the Nasdaq was flatPepsiCo’s shares surged 4 percent and were poised for their biggest one-day jump in nearly seven years after the company’s quarterly results topped estimates on strong sales of snacks.The company also re...Read More

China's domestic hot-rolled coil prices continued to rise on Tuesday July 10 on supply concerns in the country's steelmaking hub of Tangshan in the northern region.DomesticEastern China (Shanghai): 4,230-4,250 yuan ($639-642) per tonne, up 30 yuan per tonneNorthern China (Tianjin): 4,110-4,120 yuan per tonne, narrowing upward 10 yuan per tonneHRC prices rose following the circulation of a document...Read More

WASHINGTON, July 10 (Reuters) - The New York Federal Reserve was the only Fed bank that did not vote in favor of increasing the rate commercial banks pay for emergency loans ahead of the central bank's latest policy meeting, minutes of the Fed discount rate discussions showed on Tuesday.The U.S. central bank increased the discount rate by a quarter percentage point to 2-1/2 percent and also increa...Read More

BRUSSELS (Reuters) - U.S. Secretary of State Mike Pompeo arrived in Brussels on Tuesday, where he plans meetings on the sidelines of the NATO summit aimed at stepping up pressure on Iran and reassuring allies about alternative oil supplies, a State Department official said.Pompeo flew in from Abu Dhabi, where he discussed Iran with leaders of the United Arab Emirates. Senior State Department offic...Read More

BEIJING/BERLIN (Reuters) - Liu Xia, the widow of Chinese Nobel Peace Prize-winning political dissident Liu Xiaobo, arrived in Berlin on Tuesday, in news welcomed by rights groups who had long pressed for China to let her leave what was effectively house arrest.Liu Xia, 57, landed at in Berlin’s Tegel airport at around 1700 local time. She left the airport by a private exit to circumvent crow...Read More

NEW YORK (Reuters) - Morgan Stanley (MS.N) has promoted Ted Pick to head of its trading and investment banking businesses, the most recent elevation for an executive who has overseen several key initiatives at the Wall Street bank.The move, part of a broader executive shuffle that also moved Franck Petitgas from co-head of investment banking to head of Morgan Stanley’s international business...Read More

The latest news and price moves to start the Asian day on Wednesday July 11.Base metals prices on the London Metal Exchange ended predominantly lower on Tuesday July 10, led by a more than 2% drop in zinc prices while ongoing uncertainty around Sino-US trade relations hampers the complex. Read more in our live futures report.Here are how prices looked at the close of trading:Comex copper...Read More

The latest bids, offers and deals in the global markets for rebar, wire rod, steel beams and other long steel products. Latest transaction: rebarRebarOman, export, rebar, offered at $615-620 per tonne cfr, theoretical weight,...Read More