Domestic prices for heavy steel plate in Europe have moved up slightly this week despite a slowdown in market activity, sources told Metal Bulletin on Wednesday May 2."The market is slow because there were [public] holidays in Europe at the beginning of the week, but demand is going to rebound next week," an Italian source said.Plate prices are expected to be supported by a recovery in restocking...Read More

Citigroup thinks the skepticism surrounding Apple is "overdone"Shares of Apple Inc. (NASDAQ:AAPL) are trading up 4% at $175.91, after the tech giant reported fiscal second-quarter profit of $2.73 per share on $61.14 billion in revenue, more than analysts were expecting. And while iPhone sales came in just below the forecast -- echoing recent concerns on Wall Street -- Apple gave upbeat current-qua...Read More

The name "Michelle Wolf" has dominated headlines and has become the talk of the mainstream media following the Continue...Read More

Yamana Gold (TSX:YRI)(NYSE:AUY) announced today that gold production exceeded its plan for the first quarter of 2018.In a media statement, management detailed that gold equivalent ounce production from Yamana mines for the first quarter was 211,246, including 199,555 ounces of gold and 899,261 ounces of silver. Total attributable gold production was 248,088 ounces of gold, including attributable p...Read More

By Ryan WildayI'm quite new to the cryptocurrency analyst scene. While I've been trading over two decades, it was always a supplemental income. That started to change in August 2017 when Avi Gilburt brought me on staff at Elliott Wave Trader to lead cryptocurrency analysis. In my opinion, I sit as the latest analyst to join the world's leading team of Ellioticians, applying the art to nearly all...Read More

By Rhiannon Hoyle This article is being republished as part of our daily reproduction of WSJ.com articles that also appeared in the U.S. print edition of The Wall Street Journal (May 2, 2018). SYDNEY -- Australia's corporate regulator has widened legal action against Rio Tinto Ltd. and two of the company's former executives, pursuing allegations the mining giant was late in writing down a trouble...Read More

South American steelmaker Gerdau's Peruvian subsidiary, Siderper??, has reported a near four-fold increase in its net profit for the first quarter of 2018, amid higher prices and increased shipment volumes.Its net profit totaled 42.40 million nuevos soles ($13 million), against 11.01 million nuevos soles a year before, it said in a note sent to national securities...Read More

Apple suppliers are benefiting from the blue chip's earnings releaseOLED screen manufacturer and iPhone X supplier Universal Display Corporation (NASDAQ:OLED) is trading higher this morning, thanks to Apple's upbeatearnings. At last glance, Universal Display stock was up 1.8% at $91.40, even after Deutsche Bank slashed its price target to $135 from $170. Of course, this is just a drop in the bucke...Read More

Mongolian Copper Corporation (MCC) is considering international arbitration ahead of an expected government appeal against a court ruling the state's attempt to buy MCC's stake in one of Asia's biggest copper mines is illegal, the company said.The corporation has been fighting for more than a year to stave off the Mongolian government's push to gain full control of the Erdenet mine by buying MCC's...Read More

TSX Venture Symbol: COROTCQB Symbol: CAMZF Frankfurt Symbol: XC01 VANCOUVER , May 2, 2018 /CNW/ - Camino Minerals Corp. ("Camino" or the "Company") (COR:TSX-V) is pleased to announce it has signed an option agreement with Compania Minera Villa Hermosa JV RR S.A.C. (the "Vendor") pursuant to which it can acquire through a wholly-owned subsidiary, Minquest Peru S.A.C., a 100% interest in the V...Read More

FRANKFURT (Reuters) - The European Central Bank will not easily retreat from plans to end its bond purchases this year, even though growth is slowing, but it may push out expectations for interest rate increases to maintain the flow of money and support confidence.The euro zone’s economy has expanded for 20 straight quarters, but a string of indicators suggests that growth has slowed in earl...Read More

While traditionally a snoozer, this morning's Treasury's refunding announcement was closely watched for details on how the US Treasury's plans to fund Continue...Read More

SHANGHAI, May 3 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index registered three consecutive days of gains and closed at 92.725, up 0.28% overnight.Base metals saw mixed trading. LME copper rebounded from a three-week low, and SHFE copper saw a smaller decline as the expansion in China’s manufacturing sector acc...Read More

She has been CFO and director of the Botswana subsidiary since March 2013 and has more than 17 years' experience in the mining industry, including 10 years at the senior management level of Debswana's corporate finance department.In her new role, Lahri will work closely with Boteti general manager Johane Mchive to help drive improved performance at the Karowe diamond mine in Botswana.Read More

Domestic prices for mesh-quality wire rod produced and delivered in both Northern and Southern Europe have widened downward week on week because of reduced demand, sources said on Wednesday May 2.Public holidays in several European countries this week have contributed to a drop in market activity.Southern European domestic prices for mesh-quality wire rod fell ?,?5 per tonne at the lower end of th...Read More

Glencore Plc's clash with former partner Dan Gertler over unpaid royalties at a key Congolese copper mine deepened as the legal battle spread to a London court.The Swiss miner was on Tuesday granted a temporary injunction against the Israeli billionaire after petitioning the London court to rule against a Congolese judge's decision last week to freeze assets at its Kamoto Copper project, people fa...Read More

* FTSE 100 up 0.3 pct at close* Inmarsat jumps on Q1 results* Basic material stocks shine* Ocado boosted by Swedish partnership deal (Adds details, updates prices at close)By Julien PonthusLONDON, May 2 (Reuters) - British shares traded higher on Wednesday, posting a fifth session of gains in a row as metal prices boosted miners and first-quarter earnings reports lifted the London stock market.T...Read More

The private sector added more jobs than estimated in MarchDow Jones Industrial Average (DJI) futures are trading slightly below fair value this morning, despite impressive earnings from Apple (AAPL) -- which posted better-than-expected profit and revenue in its fiscal second quarter, despite iPhone sales falling short, and gave a $100 billion boost to its share repurchase program. The FAANG stoc...Read More

Global stocks traded mixed Wednesday as investors continued to adopt a cautious stance amid rising commodity prices and a surging U.S. dollar even as corporate profits, particularly in the tech sector continue to impress in a record earnings season. Early indications from U.S. equity futures suggest a positive session on Wall Street, with contracts tied to the Dow Jones Industrial Average r...Read More

China's debt has been incrasing steadily for years now, from 141 percent of GDP in 2008 to 256 percent of GDP in 2017. Economic problem are often the result of such debtContinue...Read More