Brian Larkin, chief executive of United Oil & Gas Plc (LON:UOG), introduces the company to Proactive's Andrew Scott.Coming to the London market last July with two assets, one in the UK and one in Italy, the company's moved quickly to grow and create shareholder value. Meet Peninsula Mines Ltd and Silver City Minerals Ltd at our event,Sydney, 07 May 2018.Register here >>Read More
(Kitco News) - Goldcorp Inc. (TSX: G, NYSE: GG) late Wednesday reported that its output and profit fell during the first quarter, compared to the same period a year ago.Net earnings came in at $67 million, or 8 cents per share, compared to $170 million, or 20 cents, for the first quarter of 2017. According to news reports, analysts were expecting around 11 cents per share.However, the company said...Read More
SHANGHAI, Apr 26 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightAs the US treasury yields continued their upward movement, the US dollar index hit a three-month high and closed at 91.25 overnight.Base metals saw weak performance under pressure. LME and SHFE zinc tumbled over 2% as LME inventories jumped 15.5%. SHFE aluminium and tin inc...Read More
Commodity Aluminium – Aluminium buy call 6d8 given at 148.15 CMP 149.40 (Near to Target 1st) Total profit chance of 1.25 Points per lot6d8 : Aluminium Tips Free - BUY Aluminium at CMP 148.15 for Target 149.50 - 150.30 with SL below price 146.90AFTER POST CONTENT Read More
SHANGHAI, Apr 26 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightAs the US treasury yields continued their upward movement, the US dollar index hit a three-month high and closed at 91.25 overnight.Base metals saw weak performance under pressure. LME and SHFE zinc tumbled over 2% as LME inventories jumped 15.5%. SHFE aluminium and tin inc...Read More
SHANGHAI, Apr 26 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightAs the US treasury yields continued their upward movement, the US dollar index hit a three-month high and closed at 91.25 overnight.Base metals saw weak performance under pressure. LME and SHFE zinc tumbled over 2% as LME inventories jumped 15.5%. SHFE aluminium and tin inc...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 7 points in pre-opening trade. First quarter reports continue to pour in. Reports released since yesterday's close included Amgen, Boeing, Boston Scientific, Comcast, GlaxoSmithKline, Goodyear, Hess, Northrop Grumman, Owens Corning, Texas Instruments, Twitter, Viacom and Wynn Resorts.Boeing gained $8.63 to $337.20 aft...Read More
(IDEX Online) - The Israel Diamond Exchange (IDE) announced today that an agreement has been reached with the Diamond Controller extending the tax-free inspection period of imported diamonds to 30 days from 3 days. The extension applies to diamonds with a $50,000 minimum value. The change in the inspection period is expected to have a substantial effect on Israel's diamond trade, opening up the I...Read More
RAPAPORT... Firestone Diamonds' production and selling prices increased in the thirdquarter amid better rough-market conditions and higher-grade ore from its Liqhobongmine.Output stood at 192,604 carats for the three months ending March 31, the miner reported last week. That was 6.6% higher than the previous quarter. The mine began production in October 2016, with the first sale taking place in Fe...Read More
SHANGHAI, Apr 25 (SMM) – Spot copper in the Shanghai market was offered at a premium of 260-310 yuan/mt over the SHFE 1805 contract on Wednesday April 25. This compared with a premium of 250-320 yuan/mt in the previous day. Trading stayed lacklustre from the start of this week as buyers hesitated on the fluctuation of copper prices in recent weeks, SMM learned.Due to weak buying interes...Read More
Copper output fell 10.5% year-on-year to 153,800 tonnes, although Antofagasta CEO Iván Arriagada said copper production was expected to increase as grades improved during the year and into 2019.Read More
(Kitco News) - Coeur Mining, Inc. (NYSE: CDE) late Wednesday reported a small profit for the first quarter.The company listed both net income and adjusted income of $0.7 million, or zero cents per share. In the year-ago quarter, net income was $18.3 million, or 10 cents, while adjusted income was $6.8 million, or 4 cents. Revenue fell to $163.3 million from $185.6 in the same period a year ago, a...Read More
Aluminium Tips Free – BUY Aluminium at CMP 148.15 for Target 149.50 – 150.30 with SL below price 146.90AFTER POST CONTENT Read More
(IDEX Online) - Diamond Durability Laboratory (New York) said it is to offer insurance-related services internationally through partnership with HRD Antwerp. Diamond Durability Laboratory (DDL), a gemological laboratory which focuses on diamond damage, and HRD Antwerp have entered into partnership to expand DDL's insurance-related services beyond New York. By hosting DDL's proprietary adva...Read More
RAPAPORT... Major gemological laboratories have rebuffed claims that detection machines are failing to spot synthetic diamonds that have undergone irradiation.In a trade alert last week, Diamond Services argued that the treatment, generally used to alter the color of a stone,can mask the phosphorescence effect when diamonds created using High Pressure-HighTemperature (HPHT) undergo scanningat room...Read More
FTSE 100 down 46 points at 7,379Glaxo slides as first-quarter earnings declinePersimmon shareholder blasts "excessive" ?110mln bonus for CEODespite a rally in the last 90 minutes of trading, London's blue-chip index ended another day in arrears.The FTSE 100 index closed at 7,379, down 46 points.Drugs giant GlaxoSmithKline PLC (LON:GSK) was a drag on the index after it reported a 2% decline in fir...Read More
SHANGHAI, Apr 25 (SMM) – Spot copper in the Shanghai market was offered at a premium of 270-300 yuan/mt on the morning of Wednesday April 25, SMM learned. This is slightly up from a premium of 260-300 yuan/mt in the previous morning. For editorial queries, please contact Daisy Tseng at daisy@smm.cn For more information on how to access our research reports, please email service.en@...Read More
(Kitco News) - Gold and silver prices are lower in early-afternoon U.S. trading Wednesday. Gold dropped to a four-week low today. The precious metals were pressured in part by a resumption of the appreciation of the U.S. dollar on the foreign exchange market. The U.S. dollar index hit a 3.5-month high today. The USDX has also seen a bullish upside technical breakout on the daily chart, to suggest...Read More
ZINC MCX TODAYZinc Mcx Today – Zinc SELL Call 6cd given at 211.45 Advised (6cf) Risk taker to hold for Target 210. CMP 210.0. Achieved 1st Target. Total 1.45 Points per lot profit6cf : Zinc – Zinc SELL Call 6cd given at price 211.45 CMP 211.20. Not moving as expected. Low risk taker EXIT here with no profit no loss.. RISK Taker Hold as per call6cd : Today Zinc Free Tips - SELL Zinc...Read More
SHANGHAI, Apr 25 (SMM) – Nonferrous metals fell across the board on Wednesday April 25 except for SHFE copper. SHFE zinc dropped over 1%, lead lost 0.76%, tin and aluminum edged down and nickel dipped.The ferrous complex also fell, except for rebar. Iron ore dropped 1.58%, coking coal slid 1.44% and hot-rolled coil and coke dipped.Copper: As the US dollar gained, the SHFE 1806 contract hover...Read More