Tahoe Resources Inc. (TSX: THO; NYSE: TAHO) says a labor strike at its La Arena gold mine in Peru has been resolved. The strike began April 20. Tahoe says “it was agreed by all parties that operations at La Arena should resume as soon as possible, as this is in the best interest of all stakeholders.” Tahoe says it anticipates that operations will reach normal levels within the nex...Read More
Aluminium Trading – Aluminium BUY Call 7b0 given at price 156.10 Achieved 1st Target 157. CMP 157. Total 0.90 Points per lot Profit in AluminiumTIPS ID 7b0 : Intraday Aluminium - Buy Aluminium at CMP 156.10 for Target 157 - 157.50 with SL Below price 155AFTER POST CONTENT Read More
(Reuters) - Apple and other technology stocks led a rally on Wall Street on Friday, after weaker-than-expected U.S. jobs and wage growth data eased concerns about faster interest rate hikes.Apple (AAPL.O) jumped 3.9 percent to a record high of $183.80 after Warren Buffett’s Berkshire Hathaway (BRKa.N) raised its stake in the iPhone maker.The S&P technology sector .SPLRCT was up 1.64 perc...Read More
SHANGHAI, May 4 (SMM) – Spot copper in the Shanghai market was offered at a discount of 30 yuan/mt to a premium of 10 yuan/mt on the morning of Friday May 4, SMM learned.This was slightly up from a discount of 50-10 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 research reports, plea...Read More
Intraday Aluminium – Buy Aluminium at CMP 156.10 for Target 157 – 157.50 with SL Below price 155AFTER POST CONTENT Read More
Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More
Marvin the Miner and Blaster the Burro, the mascots of Colorado School of Mines, joined their friends on 9News Denver to celebrate College Friday on May 4.Launched in 2006 by College in Colorado, College Friday celebrates the importance of higher education and encourages Colorado students to reach higher-whether they pursue a certificate, two-year or four-year degree. Coloradans are encouraged t...Read More
LONDON (Reuters) - Nestle (NESN.S), the world’s largest coffee company, is close to a deal with Starbucks Corp (SBUX.O) for the part of its business that sells bagged coffee and drinks in supermarkets, according to media reports on Friday.Any deal between the coffee giants would not involve any of the Seattle-based chain’s more than 28,000 cafes, according to Bloomberg, which reported...Read More
SHANGHAI, May 4 (SMM) –Copper: Technically, LME copper struggles at the 40-day moving average with support at the five-day moving average. With weak support, the SHFE 1807 contract failed to stand above the moving averages. We expect copper prices to stabilise today with LME copper trading at $6,830-6,890/mt and the SHFE 1807 contract at 51,000-51,500 yuan/mt. Spot discounts are se...Read More
John Arnold, chief executive of Circle Property PLC (LON:CRC), tells Proactive's Andrew Scott more offices being converted into flats has helped their property values and rental income rise sharply over the past year.Arnold says demand for space in good locations in regional cities remains buoyant. Meet Peninsula Mines Ltd, Silver City Minerals Ltd, Emmerson Resources Ltd, Renegade Explorati...Read More
TODAY COPPER TARGET TIPSCopper Target Tips – Mcx Copper SELL Call 79a given at price 459.30 Achieved 1st Target 456 & Near to 2nd Target. CMP 454.90. Total profit of 4.4 x 2 lot = 8.80 Points79a :Copper Tips - SELL Copper at CMP 459.30 Add more at price 461.90 with SL 463.70 for Target 456 - 454. RISK taker trade with 2 lotsAFTER POST CONTENT Read More
Holdings of gold by exchange-traded funds have fallen in recent days after rising during April, points out Commerzbank. The ETFs trade like a stock but track the price of the commodity, with metal put into storage to back the shares. “The gold ETFs tracked by Bloomberg have recorded outflows of 10.5 tonnes so far this week,” Commerzbank says. “Holdings were topped up by 60 tonnes...Read More
NEW YORK (Reuters) - World stock indexes climbed and U.S. Treasury yields were near unchanged on Friday after data showed weaker-than-expected U.S. jobs and wage growth in April, bolstering investor views that the pace of U.S. rate hikes will be gradual.Gains in shares of Apple (AAPL.O) helped U.S. stocks after Warren Buffett’s Berkshire Hathaway (BRKa.N) raised its stake in the iPhone maker...Read More
Domestic prices for steel products in Argentina are unchanged this month, but some market participants have reported fears of future changes because of the country's currency instability.Metal Bulletin's monthly assessment of Argentina's domestic price for hot-rolled coil (HRC) remained unchanged at $750-755 per tonne ex-works on Friday May 4, with the price of cold-rolled coil (CRC) stable at $86...Read More
An international team led by Colorado School of Mines has been accepted to compete in the 2019 Solar Decathlon Africa in Morocco.Mines students will work hand in hand with students from Cadi Ayyad University in Marrakech, Politecnico di Torino in Turin, Italy, and the event's host university, Universite Mohammed VI Polytechnique (UM6P) in Ben Guerir, to design, build on site and operate an afforda...Read More
Merlin Marr-Johnson, chief executive of Erris Resources plc (LON:ERIS), tells Proactive Investors they've been awarded a licence for a new gold target in Sweden.En??sen no.5 comprises 59.4 sq km in central Sweden that surrounds the Enasen gold mine, which produced between 1984 and 1991. Meet Peninsula Mines Ltd, Silver City Minerals Ltd, Emmerson Resources Ltd, Renegade Exploration Ltd and 5...Read More
Zinc Intraday Today – Zinc SELL Call 79b Active at price 201.95 Achieved 2nd Target level 199.50. Made 198.70 low. Profit of 2.45 Points per lot79b : Tips for Zinc - SELL Zinc if Price around 202 (CMP 201.60) for Target 200.40 - 199.50 with SL Above price 203.80AFTER POST CONTENT Read More
Thursday saw a rally in the metals; however, both gold and silver made their highs early in the morning and spent the rest of the day selling off. Gold remains weak as it battles at the $1,310 level. Silver is still stronger than gold and the trade is long silver, short gold. Today is jobs Friday and promises to move the metals in a big way, with the direction to be determined. Based on past jobs...Read More
BERLIN (Reuters) - As Europe’s biggest exporter to the United States and with more than 1 million German jobs at stake, Germany is desperate to avoid a European Union trade war with the United States.In the run-up to a June 1 deadline for U.S. President Donald Trump to impose steel and aluminum tariffs on the EU, Berlin is urging its European partners to show some flexibility and pursue a br...Read More
It said in a release Thursday that it would be collaborating with UK blockchain start-up Circulor to pilot blockchain technology to create traceability of EV battery metals from mine to first use and then recycling to ensure they are ethically-sourced and continue through a circular economy.American Manganese CEO Larry Reaugh said the pilot would include mapping the lifecycle of an EV battery and...Read More