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Exxon Mobil boosts quarterly dividend to 82 cents

April 25, 2018 / www.kitco.com

HOUSTON (Reuters) - Exxon Mobil Corp (XOM.N), the world’s largest publicly traded oil producer, boosted its quarterly dividend on Wednesday by about 7 percent to 82 cents, the 36th year in a row it has increased the payout.The dividend is payable on June 11 to shareholders of record as of May 14. Exxon is slated to release its quarterly results on Friday.Reporting by Ernest Scheyder; Editing...Read More

OptiBiotix inks deal with Cambridge Commodities to distribute SlimBiome in UK

April 25, 2018 / www.proactiveinvestors.co.uk

Stephen O'Hara, chief executive of OptiBiotix Health plc (LON:OPTI) tells Proactive's Andrew Scott they've entered entered into a non-exclusive agreement for Cambridge Commodities Ltd (CCL) to distribute their SlimBiome weight management technology in the UK.The SlimBiome product will be purchased from OptiBiotix and distributed as a specialised branded functional ingredient by CCL - a privately-o...Read More

Mountain Province Tender Yields $26M

April 24, 2018 / www.diamonds.net

RAPAPORT... Mountain Province's sales increased at its April rough-diamondtender as a higher carat volume outweighed a weaker average price. The miner sold 451,000 carats of rough from its Gahcho Ku?(C)mine for $26.4 million at an average of $59 per carat, it reported in astatement last week. While total sales rose from $25.1 million in March, theaverage price was the lowest of the year. The Febr...Read More

EXIT 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..

April 25, 2018 / mcx.freetips.tips

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 at CMP 211.45 with S L Above price 213.10 for Target 210 - 209AFTER POST CONTENT Read More

Hammond says in 'preliminary foothills' of Brexit banking talks

April 25, 2018 / www.kitco.com

LONDON (Reuters) - British finance minister Philip Hammond said on Wednesday that London and Brussels remained at an early stage of discussions about how financial services will operate across the English Channel after Brexit.Hammond told lawmakers that Britain and the rest of the European Union had only recently struck a deal to keep their overall trade relationship unchanged for 21 months after...Read More

Mosman Oil & Gas confirms reserves at Arkoma and Welch projects

April 25, 2018 / www.proactiveinvestors.co.uk

John W Barr, chairman of Mosman Oil And Gas Ltd (LON:MSMN), discusses with Proactive Investors confirmed reserves at their Welch permian basin and Arkoma Stack Pay projects.Arkoma's been confirmed to have gross proved and probable (2P) reserves of 336,000 barrels oil equivalent, along with 2.4mln barrels of contingent resources.Net to Mosman, the 2P reserves amount to 64,000 boe. The company value...Read More

FREE MCX TIPS Today Zinc Free Tips – SELL Zinc at CMP 211.45 with S L Above price 213.10 for Target 210 – 209

April 25, 2018 / mcx.freetips.tips

Today Zinc Free Tips – SELL Zinc at CMP 211.45 with S L Above price 213.10 for Target 210 – 209AFTER POST CONTENT Read More

Why mining should rethink innovation, not reinvent...

April 25, 2018 / www.mining-journal.com

The mining industry is reversing a long period of declining productivity where the focus is on getting more out of existing assets, with fewer inputs. With fresh memories of low commodity prices and escalating unit production costs, miners are targeting higher margins and greater profitability across the whole business cycle. The objective is to create long-term cost advantage over the marginal pr...Read More

Boeing cruises past forecasts, sees no sign of cost trouble

April 25, 2018 / www.kitco.com

(Reuters) - Boeing Co’s (BA.N) profit surged past Wall Street estimates in the first quarter and booming demand for commercial jets pushed the world’s biggest planemaker to raise forecasts for cash flow and earnings in what promises to be another record year.Speaking after the results, Chief Executive Officer Dennis Muilenburg also played down concerns expressed by fellow manufacturer...Read More

Savannah Resources unearths further higher grade lithium results at Mina do Barroso

April 25, 2018 / www.proactiveinvestors.co.uk

David Archer, chief executive at Savannah Resources Plc (LON:SAV), discusses with Proactive's Andrew Scott more higher grade lithium results from their ongoing drill programme at the Mina do Barroso project in Portugal.Results from 12 holes confirmed further lithium containing mineralisation, including higher grade over what it describes as significant widths.Highlight lithium grades ranged betwee...Read More

FREE MCX TIPS Lead Tips Online – SELL Lead at CMP 154.45 for Target 153.40 – 152.60 with SL Above price 155.65

April 25, 2018 / mcx.freetips.tips

Lead Tips Online – SELL Lead at CMP 154.45 for Target 153.40 – 152.60 with SL Above price 155.65AFTER POST CONTENT Read More

Breathing space for aluminium industry following OFAC wind-down extension

April 25, 2018 / www.metalbulletin.com

Sanction panic in the aluminium market has calmed following the US Department of the Treasury's Office of Foreign Assets and Control's (OFAC) slight loosening of sanctions involving Rusal material. The OFAC said on April 23 companies now have until October 23, instead of June 5, to wind-down contracts with Rusal. The London Metal Exchange has followed the same guidelines, including the updated sta...Read More

Facebook will not testify at U.S. House hearing on social media

April 25, 2018 / www.kitco.com

WASHINGTON (Reuters) - Facebook Inc said Wednesday it has declined an invitation to testify at a U.S. House of Representatives hearing Thursday on filtering practices by social media companies, a company spokesman said.The company said that even though it will not appear, it looks “forward to a continuing dialogue with members of the committee about Facebook’s strong commitment to bein...Read More

Free Aluminium Tips – Aluminium HNI Sell call 63f given at price 178.50 Achieved 1st Target 150. CMP 146.80. Total Profit of 31.7 Points / Rs 1,58,500 per lot

April 25, 2018 / mcx.freetips.tips

Free Aluminium Tips – Aluminium HNI Sell call 63f given at price 178.50 Achieved 1st Target 150. CMP 146.80. Total Profit of 31.7 Points / Rs 1,58,500 per lot63f : Aluminium HNI Call - SELL Aluminium April at CMP 178.50 for Target 150 - 145 with SL Above price 185.50AFTER POST CONTENT Read More

Technology stocks hit as Wall Street turns lower

April 25, 2018 / www.kitco.com

(Reuters) - U.S. stock indexes swung between gains and losses on Wednesday, as Boeing’s jump after upbeat results and outlook was negated by declines in technology stocks and rising U.S. bond yields.Shares of the world’s biggest planemaker rose 2.8 percent after its profit jumped by more than half in the first quarter and the company raised its full-year forecasts for cash flow and ear...Read More

PRICING NOTICE: Clarification on Metal Bulletin's aluminium premiums post-US sanctions on Rusal

April 25, 2018 / www.metalbulletin.com

Metal Bulletin will follow guidance provided by the US Office of Foreign Assets Control (OFAC) and the London Metal Exchange on the treatment of Rusal production when assessing its aluminium premiums.Transactions, bids and offers in the US, Japanese and European markets for Rusal's aluminium ingots and products produced after April 6 will be discarded and not taken into consideration when assessin...Read More

Canadian Muslim charities lead fundraising for Toronto van attack victims

April 25, 2018 / www.kitco.com

TORONTO (Reuters) - Canadian Muslim charities are leading fundraising efforts to help victims of Monday’s van attack in Toronto and their families cope with medical and funeral costs, teaming up with Toronto’s city government.Suspect Alek Minassian, 25, was charged with 10 counts of murder and 13 counts of attempted murder on Tuesday after he plowed a rental van into pedestrians on a c...Read More

LIVE FUTURES REPORT 25/04: LME zinc falls 2.5%; Ali climbs; tin rebounds

April 25, 2018 / www.metalbulletin.com

Base metals on the London Metal Exchange were mixed at the close of trading on Wednesday April 25, with zinc falling 2.5% after a 30,075-tonne delivery into Antwerp rattled price sentiment.The metal recorded its widest intraday price move in a week, reaching a low of $3,129.50 per tonne.   Positive backdrops continue to support a potential uptrend for zinc however, with Metal Bulletin's...Read More

China says Canada Senate motion on South China Sea 'stirs up troubles'

April 25, 2018 / www.kitco.com

OTTAWA (Reuters) - A motion by Canada’s unelected Senate calling for an end to Chinese actions in the disputed South China Sea is irresponsible and “stirs up troubles”, a Chinese embassy spokesman said on Wednesday.The Senate, whose motions are non-binding, passed one on Tuesday condemning China’s “hostile behavior” in the South China Sea, complicating efforts b...Read More

Manganese flake rally continues on supply squeeze; prices jump more than 8%

April 25, 2018 / www.metalbulletin.com

The manganese supply squeeze continued to push manganese flakes higher this week, with prices climbing more than 8%.Metal Bulletin assessed the manganese flake in-warehouse price at $2,495-2,640 per tonne on Wednesday April 25, up 8.7% from the previous assessment and trading at levels last seen in December 2016. The supply squeeze in Rotterdam and a lack of offers from China have pushed manganese...Read More

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