"The pullback on the immediate imposition of Rusal sanctions by the US Treasury gives the aluminium market much-needed breathing space," the aluminium team said.The aluminium price has shot up since the US decision earlier this month to impose sanctions on Russian oligarchs, officials and entities in response to "malign activity" around the globe, as suppliers scrambled to meet demand. It fel...Read More
Copper Today – Copper BUY Call 699 given at price 452 Achieved 1st Target 456.50 & 2nd Target 458. CMP 458.10. Total profit of 6.10 x 2 lot = 12.20 PointsAFTER POST CONTENT Read More
Gervaise Heddle, chief executive Greatland Gold plc (LON:GGP), updates Proactive Investors on developments across the company's portfolio of assets.Last week Greatland commenced the first drilling campaign at its 100%-owned Havieron licence in the Paterson region of Western Australia. Meet Peninsula Mines Ltd and Silver City Minerals Ltd at our event,Sydney, 07 May 2018.Register here >>Read More
(Reuters) - Not content to stop at slipping packages inside customers’ front doors, Amazon.com Inc (AMZN.O) on Tuesday started a new program to deliver packages to its members’ parked cars.The world's largest online retailer is rolling the program out in 37 U.S. cities for customers with newer compatible vehicles and plans to expand the service. All that is required to have packages de...Read More
Base metals on the London Metal Exchange were broadly lower at the close of trading on Tuesday April 24, with aluminium and nickel continuing to drop. The three-month nickel price dropped below $14,000 per tonne for the first time since April 13, with volumes traded at their lowest since April 6."Trade tensions dragged nickel into the spotlight, but fundamentals have come back in to play," Geordie...Read More
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CHICAGO/BENGALURU (Reuters) - Citigroup Inc (C.N) Chairman Mike O’Neill said on Tuesday all options were being considered for his replacement, when he will retire in the next 12 months.The options include having Citigroup Chief Executive Officer Mike Corbat taking on the additional role of chairman, O’Neill said at the Wall Street bank’s annual shareholder meeting.O’Neill h...Read More
Barry Downes, from Sure Ventures Plc (LON:SURE), talks Proactive's Andrew Scott through their first direct investment in the UK.The venture capital fund is putting ?500,000 into Immotion Group, a Manchester-based group that specialises in virtual reality cinema pods.Immotion's pods combine advanced sight, sound and multi-directional motion. Meet Peninsula Mines Ltd and Silver City Minerals...Read More
Copper Tips – BUY Copper 2 lot at CMP 452 for Target 456.5 – 458 with SL Below price 449.80AFTER POST CONTENT Read More
Russian producers of hot-rolled (HR) and cold-rolled (CR) steel sheet have increased their offer prices for May-rolled products to keep domestic market profitability high while the rouble is weak.Normally, Russian steelmakers export around 35% of their steel products output, according to Metal Bulletin estimates. But in the first quarter of this year, Severstal increased the export share of its to...Read More
Base metals prices on the London Metal Exchange are for the most part firmer this morning, Tuesday April 24. The exceptions are aluminium (-0.8%) and tin (-0.1%), while the rest are up by an average of 0.4%, with three-month copper prices up by 0.5% at $6,963 per tonne. On Monday, the United States Treasurys decision that it will not impose secondary sanctions on non-US market participants f...Read More
ROME (Reuters) - Italy’s center-left Democratic Party (PD) said on Tuesday it would be willing to hold coalition talks with the 5-Star Movement on condition the anti-establishment party breaks contact with the center-right.Italy has been stuck in political limbo since inconclusive elections at the beginning of March, which saw a conservative alliance led by the League win the most seats and...Read More
David Bramhill, executive chairman of Union Jack Oil PLC (LON:UJO), brings Proactive's Andrew Scott up to date on the latest developments in the portfolio.Bramhill says their 20% owned Fiskerton Airfield Oilfield project has resumed production, meanwhile, new efforts to secure planning permission for the Wressle field are also advancing. Meet Peninsula Mines Ltd and Silver City Minerals Ltd...Read More
Alumina prices set a fresh multi-year high on Tuesday April 24, consolidating above $700 per tonne with no immediate respite in supply restrictions on the cards. Metal Bulletin's benchmark daily fob Australia alumina index set a fresh high on Tuesday, calculated at $707.75 per tonne, up from $703.75 per tonne the previous day. The index had dipped to $661.32 per tonne late last week after a c...Read More
BERLIN (Reuters) - Airbus (AIR.PA) will not move its existing activities out of Britain when the country leaves the European Union but could forgo basing new projects there, its chief executive said on Tuesday.“I do not see that we kind of pick up and move somewhere else. But of course for future activities, future production, future development, that is open for discussion,” Tom Ender...Read More
Russian steelmaker Severstal, one of two major rebar suppliers in the central region around Moscow, has increased the offer price on its May-rolled rebar because of lower material availability and the weaker rouble, sources told Metal Bulletin this week.Novolipetsk Steel (NLMK), another rebar supplier in the region, had not set its offers for May-rolled rebar at the time of publication.Metal Bulle...Read More
Peninsula Mines Ltd. (ASX:PSM) managing director Jon Dugdale speaks to Proactive Investors about the company's operations in South Korea spanning base metals, battery metals, and now potentially value-added spherical graphite processing.Drilling into zinc and lead targets is underway with the potential for a discovery at any time, as drilling on key graphite prospects is set to begin in efforts to...Read More
MUNICH (Reuters) - A lawyer for a member of a neo-Nazi gang accused of murdering 10 people more than a decade ago urged judges on Tuesday to dismiss accusations by German prosecutors that she was an accomplice in the crimes.Prosecutors last year asked the court in Munich to convict Beate Zschaepe and sentence her to life imprisonment for the murders by the National Socialist Underground (NSU) grou...Read More
The latest news and price moves to start the Asian day on Wednesday April 25.Base metals prices on the London Metal Exchange were broadly lower at the close of trading on Tuesday April 24, with aluminium and nickel continuing to drop while copper bucked the trend. Read more in our live futures report.Here are how prices looked at Tuesday's close:Alumina prices set a fresh multiyear high on April 2...Read More
Predictive Discovery Ltd. (ASX:PDI) managing director Paul Roberts tells Proactive Investors that RC drilling results are expected out in the next few weeks for both the Bira Project in Burkina Faso and Ferkessedougou North in C??te d'Ivoire.The gold project generator has extensive 2018 drilling and testing plans with JV partners at its myriad permit sites across West Africa. Furthermore, the comp...Read More