SHANGHAI, Mar 14 (SMM) – Nonferrous and ferrous metals in the Shanghai market rebounded across the board and remained firm on the morning of Wednesday March 14 as data on China's economy in January and February were released, SMM found. The National Bureau of Statistics (NBS) released the report on China's economy for the first two months in 2018.Vice president of Zhongda Future...Read More

Source: BloombergListen to this podcast on our site by clicking here or subscribe on iTunes here.While oil prices trade above $60 a barrel, up over 40% from their June 2017 lows, energy stocks have languished. Why the disconnect and will this persist?This time on Financial Sense Newshour, we spoke with Dan Steffens from Energy Prospectus Group to get his outlook on the energy sector...Read More

SHANGHAI, Mar 14 (SMM) – Nonferrous and ferrous metals in the Shanghai market rebounded across the board and remained firm on the morning of Wednesday March 14 as data on China's economy in January and February were released, SMM found. The National Bureau of Statistics (NBS) released the report on China's economy for the first two months in 2018.Vice president of Zhongda Future...Read More

Range-bound gold may draw support from fears about a trade war but at the same time be held back by expectations for Federal Reserve interest-rate hikes, says TD Securities. “Rex Tillerson's departure from the White House [as secretary of state] provided a bid, but we expect that it will be short-lived as is typical of similar event-driven rallies,” TDS says. “Meanwhile, increasi...Read More

SHANGHAI, Mar 14 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightFollowing the departure of US Secretary of State Rex Tillerson from the White House, the US dollar index touched a five-day low of 89.58 and then hovered around 89.6, while most base metals climbed up. SHFE aluminium and tin edged down slightly. LME zinc led with a rise of...Read More

SHANGHAI, Mar 14 (SMM) – Norilsk nickel in the Shanghai market was offered at a discount of 500 yuan/mt against the Wuxi Stainless Steel Exchange 1804 contract on the morning of Wednesday March 14, while Jinchuan remained flat at 103,700 yuan/mt, SMM learned.As nickel prices rose, traders sold actively while downstream customers held back. Overall trading was thin, and trades were heard...Read More

SHANGHAI, Mar 14 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightFollowing the departure of US Secretary of State Rex Tillerson from the White House, the US dollar index touched a five-day low of 89.58 and then hovered around 89.6, while most base metals climbed up. SHFE aluminium and tin edged down slightly. LME zinc led with a rise of...Read More

Published on: Mar 9, 2018 | by finfeedArcher Exploration Ltd (ASX:AXE) today released the final results from its aerial electro-magnetic (AEM) survey over the Blue Hills Project, located approximately 60 kilometres east of the township of Jamestown and 30 kilometres south of the trans-Australia railway line.The +370 line-kilometre AEM survey was undertaken by helicopter in January 2018 with the pr...Read More

SHANGHAI, Mar 14 (SMM) –Copper: LME copper inched up and hit a high of $6,959/mt last night. SHFE copper also rose and touched a high of 52,140 yuan/mt overnight. The strong US Consumer Price Index (CPI) and a weak US dollar are likely to support prices. We see SHFE copper trading at 51,000-54,000 yuan/mt. In the physical market, spot prices are likely to trade at a premium of 20-80 yua...Read More

Yesterday we wrote that gold has had trouble holding a rally and Tuesday proved our point. Although gold rallied about $6, the rally was weak and not convincing. If gold was strong, the rally should have been stronger, but all it really did was hover around the bottom end of the range. With all of the turmoil and the equities experiencing a turnaround Tuesday, I would have expected a better rally...Read More

SHANGHAI, Mar 14 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightFollowing the departure of US Secretary of State Rex Tillerson from the White House, the US dollar index touched a five-day low of 89.58 and then hovered around 89.6, while most base metals climbed up. SHFE aluminium and tin edged down slightly. LME zinc led with a rise of...Read More

SHANGHAI, Mar 14 (SMM) –Copper: LME copper inched up and hit a high of $6,959/mt last night. SHFE copper also rose and touched a high of 52,140 yuan/mt overnight. The strong US Consumer Price Index (CPI) and a weak US dollar are likely to support prices. We see SHFE copper trading at 51,000-54,000 yuan/mt. In the physical market, spot prices are likely to trade at a premium of 20-80 yua...Read More

Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More

SHANGHAI, Mar 14 (SMM) –Copper: LME copper inched up and hit a high of $6,959/mt last night. SHFE copper also rose and touched a high of 52,140 yuan/mt overnight. The strong US Consumer Price Index (CPI) and a weak US dollar are likely to support prices. We see SHFE copper trading at 51,000-54,000 yuan/mt. In the physical market, spot prices are likely to trade at a premium of 20-80 yua...Read More

Brio Gold Inc. (TSX: BRIO), which has agreed to be bought by Leagold Mining Corp., reports a net loss of $8.9 million in the fourth quarter that was narrower than a $22.1 million loss in the year-ago period. The adjusted loss was $4.6 million, compared to $28.9 million. Gold production in the October-December period was 40,350 ounces, down 20% year-on-year. For full-year 2017, the net loss wa...Read More

Is bitcoin a new stock market indicator?It would seem the one has nothing to do with the other.What is bitcoin’s P/E ratio?It has none.Its earnings per share?There aren’t any.Is its corporate management on the ball?It has no corporate management to speak of.As well compare apple to orange... fish to fowl... Paris, Texas, to Paris,France.But according to the Wall Street Journal:Investor...Read More

NEW YORK (Reuters) - U.S. stocks fell on Wednesday after President Donald Trump sought to impose fresh tariffs on China, intensifying fears of a trade war that could raise costs and hurt overseas sales for U.S. companies.The Trump administration is pressing China to cut its trade surplus with the United States by $100 billion, the White House said Wednesday.Trump is looking to levy tariffs on up t...Read More

And so it begins. The United States will impose import tariffs on steel and aluminium, and with depressing inevitability other nations and trading blocs will cry "foul" and reach for the drawer marked "retaliation", almost certainly leading to a wider and broader trade war.It is not difficult to imagine how this will pan out for the wider global economy, geopolitics, overall trade flows and even t...Read More

Europa Oil And Gas PLC's (LON:EOG) Hugh Mackay tells Proactive's Andrew Scott that the Inishkea prospects are now the company's 'flagship' project in Ireland.He says a 2019 drilling date is possible, with the lower geological risks of the area a compelling reason to pursue the project.Mackay adds that the project could also help reduce the reliance of Ireland on gas imports from countries such as...Read More

Buried far down on page 21 of the 2014 Berkshire Hathaway annual shareholder letter was an important warning from Warren Buffett:"Local and state financial problems are accelerating, in large part because public entities promised pensions they couldn't afford."Citizens and public officials typically under-appreciated the gigantic financial tapeworm that was born when promises were made that confli...Read More