Premier said it had accepted Arc's offer of 6.13 million Arc shares, or about 1.9% of Arc's enlarged share capital.When the offer closes May 10, the company, formerly known as Ortac Resources, will own 95.9% of Casa, which holds a 71.25% stake in the 1.57 million ounce inferred resource Akyanga gold deposit in the Democratic Republic of Congo.Arc started a comprehensive soil sampling programme at...Read More

LONDON (Reuters) - The dollar broke into positive territory for the year on Tuesday and bond yields were creeping higher again, as rising oil prices fueled bets that the Federal Reserve will flag more U.S. rate hikes this week.May Day holidays in many centers across Asia and Europe meant trading was sparser than usual, though there was more than enough news flow to keep those that were open occupi...Read More

(IDEX Online) - Doug Hucker of the American Gem Trade Association (AGTA), is the recipient of the American Gem Society's (AGS) most prestigious honor, the Robert M. Shipley Award. Hucker was presented with the award at the Society's annual Conclave in Nashville, TN. Hucker received the award based on his commitment to the jewelry industry and because of his friendship and service toward the Socie...Read More

RAPAPORT... The liquidators of Kimberley Diamonds' Lerala mine in Botswana will offer theproject at an online auction later this month afterfailing to secure viable bids. Kimberley placed its Lerala subsidiary into judiciarymanagement - a restructuring option for insolvent companies - in June last yeardue to a lack of funding, media reports said at the time. Lerala produced about59,000 carats in t...Read More

Although the company reported an operating loss of US$9.4 million, this was an improvement from the loss of $15.6 million seen in 2016. Loss per share was 0.8c, down from a loss of 3.2c/share the previous year.Revenue for the year edged up 1% on the year to $28.3 million, although EBITDA fell 52% to $2.2 million and cash flow from operations dropped 73% to $1.3 million.Rambler milled a record thro...Read More

(Refiles to fix typo in paragraph 4)* U.S. bonds underperform as June Fed rate hike expected* U.S./UK spread at highest in 34 years as UK economy struggles* Italian yields edge up further on early election jitters* Euro zone periphery govt bond yields tmsnrt.rs/2ii2BqrBy Abhinav RamnarayanLONDON, May 1 (Reuters) - The gap between U.S. and German 10-year benchmark bond yields was a shade off its w...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

Bell Copper Corp.'s (TSXV:BCU) project is located on a productive porphyry copper trend near Freeport McMoran Corp.'s Bagdad minePeter Kennedy | May 1, 2018 | SmallCapPower: It is not every day that a junior exploration company stumbles on a major copper porphyry deposit. Currently the world's largest source of copper ore, porphyry deposits are traditionally the domain of major multi-national mini...Read More

(Kitco News) - Gold and silver prices are solidly down and have dropped to 4.5-month lows in early-afternoon U.S. trading Tuesday. Gold is struggling to hold above the very important $1,300.00 price level. The recent solid rally in the U.S. dollar index, which hit a four-month high today, continues to squelch buyer interest in the precious metals markets. Chart-based selling has also kicked in for...Read More

Back...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.Subsc...Read More

WASHINGTON (Reuters) - U.S. President Donald Trump has postponed the imposition of steel and aluminum tariffs on Canada, the European Union and Mexico until June 1, and has reached agreements for permanent exemptions for Argentina, Australia and Brazil, the White House said on Monday.The decisions came just hours before temporary exemptions from the tariffs on these countries were set to expire at...Read More

The United States decision to extend Europe's exemption from Section 232 tariffs until June 1 only serves to prolong the uncertainty, the European Commission (EC) and European steel association, Eurofer, said on Tuesday May 1.The US authorities postponed imposing Section 232 tariffs on steel and aluminium imported from the European Union, Canada and Mexico on April 30. Originally, the EU was...Read More

On April 30, SQM announced that Ponce's investment vehicle Pampa Calichera and Japan's Kowa Corporation had terminated an agreement through which the Chilean has exercised power at the minerals company for the past 12 years.Read More

RAPAPORT PRESS RELEASE, May 1, 2018, New York... The diamond market was seasonally quiet in April as dealers took vacation over the Passover and Easter holidays. Polished prices were steady, with manufacturers protecting their profit margins against recent rough-price hikes. The RapNet Diamond Index (RAPI?,,?) for 1-carat diamonds was flat in April. RAPI for 0.30-carat stones declined 0.6%, while...Read More

John Belfontaine, president and executive chairman of Phivida Holdings (CSE:VIDA), talks Proactive's Andrew Scott through the formation of the company and the management team which he describes as 'second-to-none'.First trading as a public company in December 2017 they've moved quickly, securing deals with WeedMD Inc. (TSX-V:WMD) and Namaste Technologies Inc. ("Namaste") (CSE:N).They've also just...Read More

SHANGHAI, May 2 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index broke 92 amid upbeat data on the US economy and hovered at 92.4 overnight.Most LME metals fell with stronger US dollar. LME zinc led the decline with a loss of 1.6%, copper lost 0.87% and hit a monthly low at one point.China’s official manufacturing...Read More

(Kitco News) - Goldman Sachs analysts do not look for silver to gain ground on gold in the coming months, even though they are bullish on gold itself. The investment bank Tuesday released a report maintaining its view that gold will climb toward $1,450 an ounce by the end of the year even if real interest rates rise. However, analysts called for the gold-silver ratio to remain stable, meaning that...Read More

LME aluminium cash price plunged 7.8%...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as...Read More

RESOURCEStocks: First of all, White Rock recently raised significant capital for the upcoming summer drilling in Alaska, and other corporate development. What did the raising say about the market appetite for the company's dual development focus and one stream of it in particular?Matt Gill: Our recent capital raising comprised a placement to raise A$1.6 million and a rights issue to existing share...Read More

* LME/ShFE arb: bit.ly/2wZSAEz* GRAPHIC-2018 asset returns: tmsnrt.rs/2jvdmXl (Adds official prices)By Pratima DesaiLONDON, May 1 (Reuters) - Copper prices hit three-week lows on Tuesday due to worries about demand from top consumer China and a higher dollar ahead of a monetary policy decision from the U.S. Federal Reserve.Benchmark copper on the London Metal Exchange recovered in official ring...Read More