Goldcorp last month conditionally agreed to take a 14% stake in the new Quebec Precious Metals Corp, being created by a merger of Canada Strategic Metals and Matamec Explorations.As part of the arrangement, the new company will acquire Sphinx Resources' three gold projects, including the Chemin Troilus project which Durango noted was north-east of its Découverte property."James Bay is...Read More

RAPAPORT... Alrosa sold $14.8 million worth of large rough diamonds atan auction in Vladivostok, the Russian miner said last week. The sale featured 101 special-size stones -those over 10.8 carats - weighing a total of 1,751 carats. "The auction [produced]...very good results, confirming highdemand for this category of rough diamonds," said Evgeny Agureev, director of theUnited Selling Organizatio...Read More

(Kitco News) - Gold and silver prices are trading near unchanged levels in early-afternoon U.S. trading Monday. A higher U.S. dollar index that scored another four-month high today was bearish for the precious metals. However, rallying crude oil prices that hit new 3.5-year highs today were a bullish element for the metals. June Comex gold futures were last down $0.40 an ounce at $1,314.30. July C...Read More

(IDEX Online) - ALROSA may acquire Russia's major diamond polisher, Kristall, in a bid to support the country's gem-cutting industry and help create a stronger competitor to global group De Beers. The country's domestic diamond polishing industry as been facing tough times from foreign polishers after the government abolished a 6.5% export duty on rough diamonds in 2016. ALROSA said on Friday it...Read More

SHANGHAI, May 8 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index climbed up towards 93 overnight, hitting a fresh high this year as the market maintained an upbeat outlook on the US economy and anticipated the Federal Reserve Board’s interest rate hikes. It closed at 92.76, up 0.22%.Most SHFE metals fell with nic...Read More

SHANGHAI, May 8 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index climbed up towards 93 overnight, hitting a fresh high this year as the market maintained an upbeat outlook on the US economy and anticipated the Federal Reserve Board’s interest rate hikes. It closed at 92.76, up 0.22%.Most SHFE metals fell with nic...Read More

SHANGHAI, May 8 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar index climbed up towards 93 overnight, hitting a fresh high this year as the market maintained an upbeat outlook on the US economy and anticipated the Federal Reserve Board’s interest rate hikes. It closed at 92.76, up 0.22%.Most SHFE metals fell with nic...Read More

Copper Tips – SELL Copper at CMP 460 for Target 458 – 457 with SL Above price 461.50AFTER POST CONTENT Read More

U.S. equity index futures were higher this morning. S&P 500 futures were up 7 points in pre-opening trade.Quarterly reports continue to flow in. Companies that reported this morning included EW Scripps, Tyson Foods, Sysco, Sempra Energy, PetMet and Gannett.Shake Shack dropped $1.20 to $54.75 after JP Morgan downgraded the stock to Under Weight from Neutral.Alibaba gained $1.11 to $190.00 after...Read More

(Kitco News) - Money managers slashed their bullish positioning in gold futures by 61% and flipped back to a net bearish position in silver during the most recent reporting week for data compiled by the Commodity Futures Trading Commission. “The CFTC’s statistics show that speculative market participants were significantly more pessimistic in the week to 1 May,” said a resear...Read More

(IDEX Online) - HRD Antwerp India has opened a new office at the Bharat Diamond Bourse (BDB), with the BDB Management Committee welcoming the Chief Guest for the opening, Peter Huyghebaert - Consul General for Belgium in Mumbai. The BDB said the opening was attended by BDB President Anoop Mehta, BDB Vice President Mehul Shah, GJEPC Chairman Pramod Derewala and Vice Chairman Colin Shah, and GJEPC...Read More

SHANGHAI, May 7 (SMM) – Nonferrous metals futures rose for the most part on Monday May 7 as SHFE zinc led the gains with an increase of nearly 2.3%. Lead grew 2%, aluminium and nickel inched up, and copper went flat. Tin dipped slightly.The ferrous complex saw coking coal surge almost 4%. Coke gained over 2%, while hot-rolled coil and iron ore inched up. Rebar went down slightly.Copper: The...Read More

Listen to this podcast on our site by clicking here or subscribe on iTunes here.Financial Sense Newshour just spoke with Craig "Bullseye" Johnson from Piper Jaffray to get his outlook on the market.Johnson believes the corrective phase that started in February is not over and provided some downside targets for the S&P 500. He's alsopositive on the energy complex and noted a poss...Read More

SAN FRANCISCO (Reuters) - Alphabet Inc’s Google (GOOGL.O) on Monday launched a spinoff of its Android operating system for home appliances and other machines, following mixed results with Android offshoots for cars, smartwatches and televisions.‘Android Things’, which arrives as Google opens its annual conference for developers, could bring its Google Assistant virtual helper to...Read More

SHANGHAI, May 7 (SMM) – Nonferrous metals futures rose for the most part on Monday May 7 as SHFE zinc led the gains with an increase of nearly 2.3%. Lead grew 2%, aluminium and nickel inched up, and copper went flat. Tin dipped slightly.The ferrous complex saw coking coal surge almost 4%. Coke gained over 2%, while hot-rolled coil and iron ore inched up. Rebar went down slightly.Copper: The...Read More

SHANGHAI, May 7 (SMM) – Nonferrous metals futures rose for the most part on Monday May 7 as SHFE zinc led the gains with an increase of nearly 2.3%. Lead grew 2%, aluminium and nickel inched up, and copper went flat. Tin dipped slightly.The ferrous complex saw coking coal surge almost 4%. Coke gained over 2%, while hot-rolled coil and iron ore inched up. Rebar went down slightly.Copper: The...Read More

Nickel Commodity – Nickel Mcx BUY Call 7c9 given at price 940 Achieved 1st Target 946. Made Exact high 946. Total profit of 6 Points x 2 lot = 12 Points in Free Lead tipsTIPS ID 7c9 : Nickel Tips – BUY Nickel at CMP 940 for Target Small at 946 – 951 with Small SL below price 933.50. Trade with 2 lotsAFTER POST CONTENT Read More

The struggles for gold continue, as commercials are short the metal in record numbers. Interestingly enough, their short position in silver has never been this small. The commercials aren't always right, but it's hard to fight them because of the amount of capital they have at their disposal. Gold remains weak and every rally is met by sellers, with gold making lower highs and lower lows, indicati...Read More

Finfeed presentsthis information for the use of readers in their decision to engage with this stock.Please be aware that this is a very high risk stock. We stress that thisarticle should only be used as one part of this decision making process. Youneed to fully inform yourself of all factors and information relating to thisproduct before engaging with it.Results are in from Adriatic Metals PLC (AS...Read More

Orica has reported a first half statutory net loss of A$229 million on 4% lower revenues of A$2.53 billion, year-on-year for the six-month period ending March 31, with earnings before interest and tax (EBIT) down 20% yoy to $252 million.In Australia, Pacific and Asia - which makes up for 60% of Orica's business - volumes and revenues rose 10% and 8%, respectively, however EBIT was down 3%."The sta...Read More