Gold, silver and platinum have closed lower today. However, gold is the only precious metal to have any kind of selling pressure. Traders have bid the precious yellow metal fractionally lower today (-$0.40). Both silver and palladium had fractional upside ticks in terms of the buy side of the equation. All four precious metals were weighed down today due to dollar strength. The net result was that...Read More

(IDEX Online) - Gem Diamonds Limited said strong demand for Let??eng's large high-quality white rough diamonds has continued, as evidenced by the average price achieved of $3,276 per carat during the first quarter of this year. Two tenders were held in the quarter, with a total of 32,412 carats sold for $106.2 million, achieving an average price of $3,276 per carat. The diamond which achieve...Read More

China's domestic rebar prices retreated on Thursday April 26 after a weakening of the futures market. Domestic Eastern China (Shanghai): 3,860-3,900 yuan ($611-617) per tonne, down 20 yuan per tonne Northern China (Beijing): 3,730-3,750 yuan per tonne, down 10-20 yuan per tonne Traders lowered their rebar prices on seeing the futures contract for the long steel product trade below Wednesday's sett...Read More

Base metals prices on the London Metal Exchange were weaker across the board by an average of 0.6% this morning, Thursday April 26. Aluminium, nickel and zinc led the decline with losses ranged between 0.7% and 1%, while the rest were all down by 0.3%, with the three-month copper price at $6,955 per tonne. This follows a mixed performance on Wednesday when consolidation set in following recent wee...Read More

Neo Lithium Corp (TSXV:NLC) CEO Waldo Perez discusses with Proactive's Steve Darling the discovery of a new aquifer at depth at their wholly-owned 3Q project in Argentina.Perez says they've been drilling all summer and they've been seeing 'outstanding' results ... not only expanding the resource at surface but they've also discovered another aquifer, another layer of rock, which contains brine. &n...Read More

It said Thursday it had joined the WCA to work on securing the long-term sustainability of the coal industry."Our products are delivered to 1,900 customers in 42 countries across the globe, so we know the challenges the coal sector faces now," the company said."Working with other actors in the global market, we look forward to continue contributing to responsible development of the coal industry,...Read More

RAPAPORT... The US jewelry trade has shrunk 4% since a year ago, accordingto data from the Jewelers Board of Trade (JBT). A total of 25,667 businesses were in operation in the firstquarter of this year, 1,141 fewer than in the same period in 2017, the JBT saidTuesday. During the first quarter of this year, 343 US jewelry companies closed. That included 241 retailers, 21wholesalers and 26 manufactu...Read More

SHANGHAI, Apr 26 (SMM) – Spot copper with invoices for April was mostly offered at a premium of 240-300 yuan/mt over the SHFE 1805 contract on Thursday April 26 in the Shanghai market, slightly down from the previous day, SMM learned.Lacking support from downstream consumption, trading stayed lacklustre amid sufficient supply. This was despite sellers lowering offers to a premium of 240-250...Read More

(Kitco News) - Agnico Eagle Mines Ltd. (NYSE, TSX: AEM) late Thursday reported that its profit and gold output eased in the first quarter compared to the same period last year.The company listed net income of $44.9 million, or 19 cents per share, which was down from $76 million, or 33 cents, in the first quarter of 2017. The January-March results include non-cash for...Read More

(IDEX Online) - Pangolin Diamonds Corp. has recovered a white diamond from its wholly-owned Jwaneng South Kimberlite Project in an area 100 km south of the Jwaneng diamond mine in the Southern District Botswana. The diamond was recovered from an unscreened 60 litre sample collected within a 10 square metre area of a GPS controlled sample site, the firm said. This material was dry screened in the f...Read More

SHANGHAI, Apr 27 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index continued to rise overnight, bolstered by strong economic data from the country as well as the 10-year treasury yield breaching the 3% threshold for the first time in four years earlier in the week.LME aluminium jumped 1.6% following news saying that Ole...Read More

SHANGHAI, Apr 27 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index continued to rise overnight, bolstered by strong economic data from the country as well as the 10-year treasury yield breaching the 3% threshold for the first time in four years earlier in the week.LME aluminium jumped 1.6% following news saying that Ole...Read More

Underlying demand for stainless steel will remain solid in both Europe and the United States in the second quarter of 2018, Finnish stainless steelmaker Outokumpu said.Stainless steel base prices will trend higher in the US, supported by steel import tariffs, the company said on Thursday April 26.Meanwhile, domestic prices in Europe will remain under pressure due to competition and growing volumes...Read More

Free Nickel Today Tips – Nickel Commodity BUY Call 6ed given at 933.50 Achieved 2nd Target 946. Made 951. Total profit of 12.5 x 2 lot = 25 Points6ed : Nickel Tips today - Buy Nickel at CMP 933.50 for Target 940 - 946 with Small SL below price 926.5. Trade 2 lotsAFTER POST CONTENT Read More

SHANGHAI, Apr 27 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index continued to rise overnight, bolstered by strong economic data from the country as well as the 10-year treasury yield breaching the 3% threshold for the first time in four years earlier in the week.LME aluminium jumped 1.6% following news saying that Ole...Read More

So far this year, the company has recovered eight diamonds over 100ct, with this the second largest after the 472ct diamond discovered earlier in April.Lucara also announced that it would sell the 327ct and 472ct diamonds, along with other qualifying diamonds recovered this year, at an exceptional stone tender in June.Bidders will be able to view the stones in Gaborone from June 10 until the tende...Read More

U.S. equity index futures were higher this morning. S&P 500 futures were up 8 points in pre-opening trade. Index futures are responding to higher than consensus sales and earnings reported by most of the 31 S&P 500 companies that released quarterly results since yesterday's close. European Central Bank maintained its key lending rates at current levels. Index futures were virtually unchang...Read More

James Barder, chief executive of Futura Medical PLC (LON:FUM), tells Proactive they've begun preparatory work on the first Phase III efficacy trial for MED2002 - their topical gel for erectile dysfunction (ED).The study will recruit approximately 1,000 patients with mild, moderate and severe ED and compare the efficacy of 0.2%, 0.4% and 0.6% GTN doses of MED2002 against that of the placebo.  ...Read More

SHANGHAI, Apr 26 (SMM) –Copper: The copper market saw rangebound trading overnight. LME copper stood above all the moving averages with support from the five- and 10-day moving averages. SHFE copper’s trading level slightly rose to between the five- and 60-day moving averages with the 10-day moving average expanding upwards to adhere to the 40-day moving average. We expect LM...Read More

(Kitco News) - Gold and silver prices are weaker in early-afternoon U.S. trading Thursday. Gold prices dropped to a five-week low, while silver hit a three-week bottom. Slight gains seen at the start of North American trading were eroded by late-morning as the U.S. dollar index pushed higher and hit another 3.5-month high. Gains in U.S. stock indexes amid an improvement in investor risk appetite t...Read More