WASHINGTON (Reuters) - U.S. Defense Secretary Jim Mattis said on Thursday the United States would “probably regret” not keeping a holding force in Syria to ensure that Islamic State militants did not re-emerge, the latest sign that a total U.S. withdrawal was unlikely.U.S. President Donald Trump on Tuesday said he wants to withdraw American troops from Syria relatively soon but also ap...Read More
Editor's Note: The article was updated to reflect a drop in prices.(Kitco News) -The gold market is unable to hold gains as the euro drops gains against the U.S. dollar following optimistic comments from European Central Bank president Mario Draghi. The ECB remains confident that the eurozone economy will continue to trend upwards through the rest of the year despite a recent wave of lackluster g...Read More
Mincon said this week recent acquisitions had contributed little of the sales uplift so far, with stronger markets driving organic growth.The manufacturer said while gross Q1 margins "came down a couple of points compared to last year in Q1 to 37% as opposed to the 40% of 2016", a small adverse foreign exchange charge couldn't prevent profit before tax from increasing to 10.8% compared with 9.8% a...Read More
SHANGHAI, Apr 26 (SMM) – Amid pessimistic sentiment, China's zinc spot market traded thinly on Thursday April 26 as SHFE zinc dipped in the morning, SMM learned.Most long-term orders halted today, before the Labour Day holiday. Some smelters were also not keen to sell as the value-added tax (VAT) cut on May 1 loomed. In Shanghai, #0 zinc mostly traded at 23,950-24,080 yuan/mt....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
SHANGHAI, Apr 25 (SMM) – Norilsk nickel in the Shanghai market traded at a premium of 700-900 yuan/mt against the Wuxi Stainless Steel Exchange 1805 contract on Thursday April 26, while Jinchuan traded at a premium of 1,300-1,400 yuan/mt, SMM learned.Jinchuan offered nickel plate at 104,000 yuan/mt.With the impending cut in value-added tax on May 1, traders were relatively unkeen to offer wh...Read More
Nickel Tips today – Buy Nickel at CMP 933.50 for Target 940 – 946 with Small SL below price 926.50AFTER POST CONTENT Read More
WASHINGTON (Reuters) - U.S. President Donald Trump distanced himself on Thursday from the legal troubles of his longtime personal attorney Michael Cohen, saying he had done nothing wrong and Cohen did only fraction of his overall legal work.“This doesn’t have to do with me. Michael is a businessman. He’s got a business. He also practices law,” Trump said in an interview wit...Read More
Octagonal Plc (LON:OCT) saw its shares jump 16.9% to 3.1p in late-afternoon trading as its wholly owned subsidiary, Global Investment Strategy UK, reported record earnings in full-year results.The AIM-listed investment group said its subsidiary's underlying earnings (EBITDA) will be ?3mln, a 39% increase from ?2.2mln the previous year, on sales of ?6.5mln, a 16% increase from ?5.6mln the year...Read More
Colorado School of Mines faculty were recognized for their research, teaching and mentorship at its annual awards celebration, held April 25 in the Student Center Ballrooms.Geoff Brennecka, associate professor of metallurgical and materials engineering, received the Dean's Excellence Award, which recognizes a tenured or tenure-track faculty member for significant and meritorious achievement in tea...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
Aluminium Carry – BUY Aluminium at CMP 147.60 Add more at price 147 with SL 146.50 for Target 148.70 – 149.20. Trade with 2 lotsAFTER POST CONTENT 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
SAN FRANCISCO (Reuters) - Investors are accustomed to the bold promises of Tesla Inc’s (TSLA.O) Elon Musk, but his assertion that the electric vehicle maker will not need more funds this year has many scratching their heads. How can the chief executive deliver on his many goals without a fresh infusion of outside cash?The California-based Tesla faces a crucial time in its 15-year history. Pr...Read More
OceanaGold Corp. (TSX/ASX: OGC) reports a higher first-quarter profit as gold prices rose. The company lists net income of $44.5 million, or 7 cents per share, that was up from $36 million, or 6 cents, in the same quarter a year ago. The average realized gold price was $1,340 an ounce. “Operationally, gold production was generally in line with our expectations, despite a severe cold weather...Read More
Palisade Research April 16, 2018 Category: Research In August 2017, Colibri Resource Corp (CVE: CBI) closed a transformational acquisition of Canadian Gold Resources, a private company that owned 100% of the Pilar gold project, located near Suaqui Grande, Sonora, Mexico. Company SnapshotCurrent Price: C$0.095Shares Outstanding: 52.7 millionMarket Capitalization: C$5.0 millionCas...Read More
Today lead Tips – lead Sell call 6e3 given at price 154 CMP 153.30. Low risk trader book 0.7 x 2 lot = 1.40 Points at CMPTIPS ID 6e3 : Mcx Lead – SELL Lead at CMP 154 for Target 153 – 152.60 with SL Above price 155. RISK Taker trade 2 lotsAFTER POST CONTENT Read More
MEXICO CITY (Reuters) - The Inter-American Court of Human Rights on Thursday began hearing the first case of alleged state-led human rights violations in Mexico to be brought since the country militarized its battle against bloodthirsty drug cartels over a decade ago.The case of Alvarado Espinoza et al vs Mexico will be held in San Jose, in Costa Rica, on Thursday and Friday. It is expected to shi...Read More
(Kitco News) - Newmont Mining Corp. (NYSE: NEM) Thursday reported a rise in its first-quarter profit as the price of gold climbed, although production eased from the same quarter a year ago. Net income attributable to shareholders was listed at $192 million, or 36 cents per share, compared to $47 million, or 9 cents, in the same quarter a year ago.The company put its adjusted net income at&nb...Read More
Copper Commodity – Copper Sell call 6e5 given at price 459.90 Achieved 2nd Target 456. CMP 455.40. Total profit of 3.9 x 2 lot = 7.8 Points / Rs 78006e5 : Tips for Copper - SELL Copper at CMP 459.90 for Target 457.50 - 456 with SL Above price 462.60, RISK Taker trade 2 lotsAFTER POST CONTENT Read More