The U.S. dollar rose to the highest level of the year Tuesday, as a slump in both the pound and the euro highlighted the Federal Reserve's increasing isolation on rate hikes among major global central banks as growth outside the United States slows and inflation remains puzzlingly tepid despite rising commodity prices. The Fed starts its two-day interest rate meeting later today in Washington, a...Read More

AT&T's sector peers Sprint and T-Mobile finalized a merger plan yesterdayTelecom stock AT&T Inc. (NYSE:T) ishigher in early trading, despite receiving a price-target cut to $36 from $41 at Deutsche Bank. Of course, this comes just a day aftersector peers T-Mobile (TMUS) and Sprint (S) finalized a merger deal. At last check, the equity was trading up 0.6% at $32.88. Digging deeper, AT&T has long d...Read More

Prices for domestic steel rebar and imported steel billet in the United Arab Emirates decreased this week on poor demand, sources told Metal Bulletin on Tuesday May 1.And demand for imported rebar in both countries remained almost non-existent.Domestic rebarThe major rebar producers in the UAE announced new prices on April 25.The biggest steel producer, Emirates Steel, is now offering rebar at 2,3...Read More

Mining Journal: What brought on the London listing?Read More

SD Outlook: If last week was difficult for gold & silver, it just became even more so. Here's the details...Continue...Read More

TPR had been a big winner in 2018Luxury fashion stock Tapestry Inc (NYSE:TPR) is getting rocked in pre-market trading, last seen down 12.5%. Even though the company topped earnings estimates on an adjusted basis in the third quarter and executives highlighted growth in the Coach business, same-store sales for its Kate Spade unit fell more than expected, while margins also declined during the perio...Read More

Holidays in Turkey and across much of Europe for the traditional May 1 Labor Day meant that there was no change in prices for Turkish imports of deep-sea scrap from European and US suppliers, sources said on Tuesday May 1.Renewed business activity is expected later in the week when traders return to work, they added.Market sentiment is cautious about how much more prices may increase in the near t...Read More

Investing.com - Gold prices fell to fresh two-and-a-half month lows on Tuesday, pressured lower by a stronger dollar ahead of the Federal Reserve’s latest policy decision and the U.S. jobs report later this week.Gold futures for June delivery on the Comex division of the New York Mercantile Exchange were down $9.20 or 0.7% to $1,310.00 a troy ounce by 04:21 AM ET (08:21 AM GMT), the lowest l...Read More

The PEAs cover its Mato Bula gold-copper project, Da Tambuk gold project and 70%-owned Terakimti gold heap leach project, all within 15km of each other in northern Ethiopia.Read More

Botswana Diamonds (LON:BOD) is expanding its operations from its base country to neighbouring Zimbabwe by teaming up with Vast Resources (LON:VAST) to jointly explore for diamonds in that country.The memorandum of understanding signed Tuesday sees the two companies exchanging past exploration information on areas prospective for diamonds in Zimbabwe. It also says the parties will set up a jointly...Read More

RAPAPORT... Israel's polished-diamond exports declined 33% to $1.16billion in the first quarter of 2018, the nation's Ministry of Economy andIndustry reported this week. By volume, outbound polished-diamond shipments fell 1% to496,783 carats after returns of goods. The average price for polished exportsdecreased 32% to $2,328 per carat. Polished imports rose 7% to $747.2 million, while netpolishe...Read More

(Reuters) - U.S. stocks opened lower on Tuesday after disappointing results from Pfizer, while concerns about inflation, rising costs and protectionist policies remained.The Dow Jones Industrial Average fell 45.86 points, or 0.19 percent, at the open to 24,117.29. The S&P 500 opened lower by 4.41 points, or 0.17 percent, at 2,643.64. The Nasdaq Composite dropped 12.62 points, or 0.18 percent,...Read More

Traders should be watching UUP's break above its 160-day moving averageStrength in the dollar was a predominant theme last week, and the resulting breakout in the PowerShares DB US Dollar Index Bullish Fund (NYSEARCA:UUP) has certainly been eye-catching. As of Friday's close at $24.03, the exchange-traded fund (ETF) was dead-even with its 2017 year-end price -- marking the first weekly settlement...Read More

(IDEX Online) - The IDEX polished diamond price index was flat again in April, following a similar performance during March which came after and small increases in January and February.  The Index began the month at 123.22 and ended at 123.32. Outlook Trading was generally quiet in April due to the Passover and Easter holidays. Profit margins were somewhat hit due to the rise in rough polis...Read More

Get actionable data and analysis straight from our store in just a few clicks. Our report, insights and studies are easy to find by industry sector or commodity type.Areas of expertise include:Power & Renewables: Whether you want to spot the next regulatory trend or understand how the switch from coal will impact the market, we have more than 70 reports covering nuclear, solar, gas, wind...Read More

VANCOUVER (miningweekly.com) – A lack of new mining projects in the development pipeline of Canada’s Northwest Territories (NT) is threatening to derail the region’s economic growth outlook, the latest ‘Territorial Outlook’ by The Conference Board of Canada (CBoC) has found.The independent Ottawa-headquartered think tank points out that the NT has a “more muted&...Read More

In March, ASIC launched Federal Court proceedings relating to statements in Rio's 2011 annual report that were allegedly misleading or deceptive.Read More

The Iran issue after Israel accused Iran of hiding nuclear weapons prevented gold and silver from a big crash. Any increase in Iranian risk will result in crude oil prices galloping to $90 by next month. Gold will also follow the crude oil trajectory as an inflation hedge. The pace of rise of gold will lag crude oil. But I am sure gold will rise. Gold could trade in a $1237-$1430 wider range in...Read More

RAPAPORT... Joseph Samuel Jr., the former president of jewelry retailerJ. & S.S. DeYoung, died last week at 92. Samuel entered the Boston-based family business to work withhis uncle, Sydney DeYoung, after serving in the US Navy. He helped grow thecompany, which buys and sells fine estate jewels, rare gems and historicalpieces, into an internationally recognized firm, according to his daughter,...Read More

(IDEX Online News) - There were relatively few price changes in round diamonds in April, particularly in smaller diamonds under 0.50 carats. Diamonds of 1-2 carats saw some downward movement, while larger diamonds saw significant upward movement. This was particularly evident in 3.00-3.99 carat stones and, to a lesser extent, in the 4.00-4.99 and 5.00-5.99 carat categories. Fancy diamonds also saw...Read More