SHANGHAI, May 3 (SMM) – Spot copper in the Shanghai market was offered at a discount of 50-10 yuan/mt against the SHFE 1805 contract on the morning of Thursday May 3, SMM learned.This is down from a discount of 20 yuan/mt to a premium of 20 yuan/mt in the previous morning. For editorial queries, please contact Daisy Tseng at daisy@smm.cn For more information on how to access our re...Read More

(Kitco News) - Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term.Will gold prices go higher, lower or remain unchanged next week? Kitco readers will have until 9 a.m. EDT, Friday to cast their vote. The results will be tabulated and released after noon (12 PM EDT) along with the results from our market professional survey.Readers can al...Read More

RAPAPORT... Stable demand for Botswana's rough diamonds resulted in flatexports in the first quarter of 2018, according to recent data. Outbound shipments for the January-to-March period slid lessthan 1% to $911 million, from $912.6 million last year, the Bank of Botswanasaid. In January, rough exports totaled $339.7 million, whileshipments for February came to $229 million, and March results were...Read More

ISM Non-Manufacturing PMI: A:56.8 ;C: 58.1; P: 58.8Slightly negative for Base metalsAFTER POST CONTENT Read More

NEW YORK (Reuters) - U.S. stocks were mixed on Thursday, seesawing between positive and negative territory during the session as strong economic data offset disappointing earnings reports from several companies.A sharp drop after the open had pushed the S&P 500 and the Dow Jones Industrial Average below their 200-day moving averages, a key technical indicator of longer-term momentum, but both...Read More

HSBC Holdings PLC (LON:HSBA) will wrap up a busy two weeks of first quarter results from the UK's major lenders on Friday.Like its sector peer Standard Chartered PLC (LON:STAN), which issued its Q1 update on Wednesday, HSBC is seen delivering a strong quarter on the back of growth in Hong Kong and Asia.In a preview note, Morgan Stanley analysts said: "Loan growth in Hong Kong is running at a fairl...Read More

CALGARY, Alberta, May 03, 2018 (GLOBE NEWSWIRE) -- Copper Fox Metals Inc. (“Copper Fox” or the “Company”) (TSX-V:CUU) (OTC:CPFXF) is pleased to announce that it intends to complete, subject to the approval of the TSX Venture Exchange, a non-brokered private placement to raise up to $1,200,000 in gross proceeds (the “Offering”).  The Offering will consist of...Read More

A smart home monitoring system designed to be noninvasive, cost-effective and cause no permanent damage to install was awarded first place in the College of Engineering and Computational Sciences' Spring Capstone Design Showcase on April 26. Team Smart Wire's system utilizes a suite of sensors to monitor the state of rooms - infrared motion sensors, light sensors and temperature sensors - inste...Read More

SHANGHAI, May 3 (SMM) –Copper: As the US dollar index rebounded to a fresh high, LME copper traded rangebound overnight and SHFE copper’s trading range fell slightly. We expect LME copper to trade at $6,770-6,820/mt today with the SHFE 1806 contract at 50,800-51,200 yuan/mt. In the physical market, offers are stabilising as futures consolidate. Spot discounts are seen at 60-20 yuan/mt....Read More

(Kitco News) - Gold demand is off to a slow start in 2018, as first-quarter results from the World Gold Council (WGC) revealed the lowest level in 10 years.Gold demand dropped 7% year-on-year in the first quarter to 973 tonnes - a level last seen in the first quarter of 2008, the WGC said in its Gold Demand Trends report that was released on Thursday. The WGC blamed poor gold-bar demand as well a...Read More

Mcx Zinc – BUY Zinc at CMP 203.60 for Target 204.60 – 205.20 with SL below price 202.80. Low risk taker its good to trade Mini LotsAFTER POST CONTENT Read More

LOS ANGELES (Reuters) - Television’s Bill Cosby and Oscar-winning director Roman Polanski were expelled from the Academy of Motion Picture Arts and Sciences, the Academy Awards presenters said in a statement on Thursday.The Academy said Cosby and Polanski were expelled “in accordance with the organization’s Standards of Conduct.”Cosby was found guilty of sex crimes. Polansk...Read More

It said Thursday that coal stockpiles across all its coal-fired power stations were at an average of 35 days, excluding Medupi and Kusile, which were still under construction.Stakeholders have been concerned about possible load shedding after the utility announced last week that seven of its power stations had coal stock levels of less than 20 days.The country faced rolling blackouts in 2008, but...Read More

Zinc Positional Call – SELL Zinc at CMP 203.60 for Target 199 – 197 with SL Above price 206AFTER POST CONTENT Read More

(Kitco News) - The Federal Reserve acted in line with our expectations, leaving rates unchanged and suggesting a less hawkish outlook. The wording surrounding the Fed’s inflation target was the focus. The Fed officials’ dialogue suggested that inflation targets were nearing their levels but as long as inflation was around 2% on a “symmetrical” basis, they would continue to...Read More

May 3 (Reuters) - Pressure restrictions on TransCanada Corp's Keystone oil pipeline was lifted on May 1 in a letter issued by U.S. pipeline safety regulators, a spokesman for the agency told Reuters on Thursday.It was not immediately clear what current rates are, said Darius Kirkwood, a spokesman for U.S. Pipeline and Hazardous Materials Safety Administration (PHMSA).The company had shut down its...Read More

The deal signed between state mining firm Geominera and Millbrook Minerals, a private Canadian company, covers the Los Pasos project in central Cuba's Villa Clara province.Read More

MCX LEAD TIPS TODAYMcx Lead Tips Today – Lead Commodity Sell call 776 given at price 152.45 Achieved 1st Target 151.55. CMP 151.55. Total profit of 0.9 x 2 lot = 1.8 PointsTIPS ID 776 : Lead Mcx - SELL Lead at CMP 152.45 for Target 151.55 - 151 with SL Above price 153.45. RISK Taker trade 2 lotsAFTER POST CONTENT Read More

Gold has rallied on bargain hunting and traders buying to cover, or offset, short positions, says George Gero, managing director with RBC Wealth Management. As of 9:28 a.m. EDT, Comex June gold was $10.20 higher to $1,315.80 an ounce two days after hitting the low for 2018 of $1,302.30. Gero cites a “weaker dollar for now” in the aftermath of a Federal Reserve meeting that wrapped up o...Read More

May 3 - New orders for U.S.-made goods rose more than expected in March, boosted by strong demand for transportation equipment and a range of other products, but there are signs that business spending on equipment is slowing.Factory goods orders rose 1.6 percent, the Commerce Department said on Thursday. Data for February was revised up to show orders jumping 1.6 percent instead of the previously...Read More