Popular News

NORTH AMERICAN MORNING BRIEF 20/03: LME base metals lower; China's zinc production rises; Glencore to buy stake in Hail Creek

March 20, 2018 / www.metalbulletin.com

The latest metal markets news and price moves to start the North American day on Tuesday March 20. Base metals prices on the London Metal Exchange were mostly lower again during morning trading on Tuesday March 20, with nickel the sole metal in positive territory.The three-month nickel price recovered $70 this morning to recoup some of Monday's...Read More

Social Security "Steals" $131.8 Million From Widows...

March 21, 2018 / dailyreckoning.com

When it comes to Social Security, there are several points that I have made very consistently over the last decade (beyond the fact that the program itself is in poor financial condition)...Point #1. The system is very complicated with thousands of rules, regulations, and possible forks in the road.Point #2. Understanding all your filing options can make a huge difference in how much money you end...Read More

Zuma's tax chief ousted ahead of South Africa ratings decision

March 20, 2018 / www.kitco.com

JOHANNESBURG (Reuters) - Mark Kingon was appointed acting head of South Africa’s tax office on Tuesday, hours after President Cyril Ramaphosa suspended his predecessor and days before a Moody’s review that could see the country lose its last investment-grade credit rating.The move was seen as a signal of intent to ratings agencies and investors that had lost faith in Africa’s mos...Read More

Base metals investment analysis: Fund interest in copper continues to wane

March 20, 2018 / www.metalbulletinresearch.com

ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.SubscribeRead More

EUROPEAN MORNING BRIEF 20/03: SHFE copper prices under pressure; Canadian steelmakers fret over Section 232; tensions building in Mn ore market

March 20, 2018 / www.metalbulletin.com

Good morning from Metal Bulletin's office in Shanghai as we bring you the latest news and pricing stories on Tuesday March 20.Base metal prices on the Shanghai Futures Exchange were broadly lower during Asian morning trading on Tuesday amid a risk-off tone in financial markets ahead of the United States Federal Open Market Committee's monetary policy meeting on Wednesday.Check Metal Bulletin's liv...Read More

Bank of Japan deputy governors pledge to meet inflation target, show policy flexibility

March 20, 2018 / www.kitco.com

TOKYO (Reuters) - The Bank of Japan’s two new deputy governors pledged on Tuesday to meet the central bank’s 2 percent inflation target as soon as possible, but both showed signs of willing to be flexible on monetary policy.Masazumi Wakatabe, an academic known as vocal advocate of aggressive monetary stimulus, said it is possible that he will update his knowledge and decisions on polic...Read More

Demand Indicators: March 20 2018

March 20, 2018 / www.metalbulletinresearch.com

Click here to download the Selected Demand IndicatorsACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the lat...Read More

Mines students making a name for themselves at hackathons

March 20, 2018 / www.minesnewsroom.com

A virtual reality app that encourages people with neck injuries to do muscular exercises, an automated parking lot assistant to help find that elusive parking spot on campus and an inventory tracking system built around a Wii Fit balance board - those are just a handful of the ideas dreamed up and prototyped by Colorado School of Mines students in recent months. And they did it all in a matter of...Read More

Global stocks tread water ahead of Fed meeting

March 20, 2018 / www.kitco.com

LONDON (Reuters) - Global equities trod water on Tuesday ahead of a U.S. Federal Reserve policy meeting, while investors reassessed their views of tech stocks following a slump in Facebook’s shares after reports of data misuse.The MSCI world equity index .MIWD00000PUS, which tracks shares in 47 countries, was flat in percentage terms by 0901 GMT, while the pan-European STOXX 600 equity index...Read More

UK inflation slows in February as Brexit hit to pound fades

March 20, 2018 / www.kitco.com

LONDON (Reuters) - British inflation was weaker than expected in February as the impact of the 2016 Brexit vote faded, easing some of the squeeze on households’ spending power but doing little to change bets on a Bank of England rate rise in May.Official data showed consumer prices rose by an annual 2.7 percent last month, the weakest increase since July of last year and down from a rise of...Read More

Oil rises to March high on Middle East tensions, Venezuela concerns

March 20, 2018 / www.kitco.com

LONDON (Reuters) - Oil rose on Tuesday to its highest level so far this month, lifted by tension in the Middle East and the possibility of further falls in Venezuelan output.Brent futures LCOc1 were up 70 cents at $66.75 a barrel by 1027 GMT, after hitting $66.79, the highest level since late February. U.S. West Texas Intermediate (WTI) crude futures CLc1 were up 45 cents at $62.51 a barrel.&ldquo...Read More

German investor morale plunges on U.S. tariffs threat

March 20, 2018 / www.kitco.com

BERLIN (Reuters) - The mood among German investors deteriorated in March, a survey showed on Tuesday, reflecting growing uncertainty about the damage Europe’s largest economy could suffer if U.S. import tariffs escalated into a bitter trade conflict.U.S. President Donald Trump has announced import tariffs of 25 percent on steel and 10 percent on aluminium, which take effect on Friday. That h...Read More

LORD COPPER: Traders could hold the key to unlocking a lithium benchmark price

March 20, 2018 / www.metalbulletin.com

Would-be lithium traders could learn from the development of the copper concentrate pricing structure to open the battery raw material to greater pricing transparency and liquidity, Lord Copper suggests. In the metals business, we are accustomed to a particular form of price discovery that has largely stood the test of time, even through technological change and development. Despite occasional mut...Read More

DAVIES ON ORES: Manganese consumer 'boycott' will test speculative drivers

March 20, 2018 / www.metalbulletin.com

Tensions are building in the manganese market with ore consumers protesting a four-month price rally that has left them effectively boycotting the market for their raw material.Manganese ore prices have risen as much as 70% since early December but showed signs of faltering last week. Metal Bulletin's 37% manganese ore index, fob Port Elizabeth dropped 5 cents to $7.52 per dry metric tonne unit (d...Read More

Motif Bio Plc keen to make its 'best shot at goal' with iclaprim NDA

March 20, 2018 / www.proactiveinvestors.co.uk

Graham Lumsden, chief executive of Motif Bio Plc (LON:MTFB, NASDAQ:MTFB), tells Proactive Investors they're taking some additional time over the new drug application (NDA) for iclaprim as they're keen to make the strongest possible submission to the US regulator.The next-generation antibiotic has been developed initially to treat acute bacterial skin and skin structure infections and has successfu...Read More

Ferrum Crescent raises ?1mln for Spanish Project and changes its name

March 20, 2018 / www.proactiveinvestors.co.uk

Ferrum Crescent Ltd's (LON:FCR) executive director Laurence Read talks to Proactive about plans to raise ?1mln to advance its Toral project in northern Spain and a name change to Europa Metals Limited.The funds will be used in three distinct stages, with a drilling programme to start in the summer to look for additional metal along the current strike.A scoping study is also planned to get a rough...Read More

Seeing Machines happy with the growth in different sectors in 'strong first half'

March 20, 2018 / www.proactiveinvestors.co.uk

Seeing Machines Limited's (LON:SEE) Ken Kroeger and Patrick Nolan talk to Proactive about a strong first half and the number of opportunities for its technology in aviation.Patrick Nolan, head of aviation, said he was excited about three applications: "Firstly, aircraft, then into the simulators with significant requirements for pilot training there."And thirdly what we are interested in is consol...Read More

FTSE 100 closes higher as traders await US interest rate decision

March 20, 2018 / www.proactiveinvestors.co.uk

FTSE 100 closes up 18 ptsRBS top riser Energy minnows EnQuest, Union Jack Oil and Hurricane Energy all make splashes with trading updatesFTSE 100 closed around 18 points higher as traders sit on their hands a bit and wait for the interest rate decision from the US central bank tomorrow.The UK blue-chip benchmark closed around 18 points, or 0.26% higher, at 7,061, with financial stocks doing w...Read More

LIVE FUTURES REPORT 20/03: LME copper hits fresh 2018-low; all base metals under pressure

March 20, 2018 / www.metalbulletin.com

Base metals prices on the London Metal Exchange closed lower across the board on Tuesday March 20, with copper falling to a new 2018-low. The three-month copper price closed 1.4% lower and hit a low of $6,730 per tonne earlier in the day - the lowest since December 14, 2017. "This comes amid broad-based downward pressure across the industrial metals, chiefly owing to a weaker global risk appetite...Read More

LIVE FUTURES REPORT 20/03: Comex copper price crashes to three-month low

March 20, 2018 / www.metalbulletin.com

Comex copper prices tumbled to a mid-December low after investors moved to the sidelines ahead of a critical US central bank meeting. Copper for May settlement on the Comex division of the New York Mercantile Exchange tumbled 3.30 cents or 1.1% to $3.0490 per lb. Earlier, the contract touched $3.0290, the lowest since December 13. The red metal is now on...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok