Chinese ferro-vanadium and vanadium pentoxide (V2O5) offers softened on limited export activity this past week, while the European markets were stagnant on a lack of spot market demand. Chinese vanadium export activity limited, offering prices slideEuropean vanadium markets inactive, prices flat US ferro-vanadium spot market activity picks up, prices narrow The Chinese ferro-vanadium export market...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average finished slightly higher on Tuesday after closing with gains for three straight sessions. U.S. benchmark West Texas Intermediate crude oil declined by 2.4%, settling at $69.06 a barrel.Comcast Corp. (CMCSA) was down 5.5% on reports it was challenging Walt Disney Co.'s (DIS) deal for Fox...Read More
As their latest earnings reports often make clear, the growth prospects of many big-name tech companies aren't just tied to user growth or the launch of compelling new products and services, but the pricing power commanded by well-established existing businesses. Here's a look at the role pricing power is playing in lifting the top lines of several well-known tech companies. Apple Apple's (AAPL)...Read More
Ganzhou Tungsten Association (GTA) has raised its tungsten price forecasts for May in response to the recent rebound in prices on concerns of supply disruptions following a new round of environmental checks in major tungsten production hub, Jiangxi province, from mid-April.GTA forecast average prices for black tungsten concentrate 65% and ammonium paratungstate (APT) in May at 112,500 yuan ($17,70...Read More
CloseGain/LossGold $1314.40+$0.10Silver$16.48+$0.01XAU82.67+0.82%HUI181.17+0.53%GDM632.64+0.06%JSE Gold1077.86-10.83USD93.10+0.33Euro118.65-0.58Yen91.69+0.10Oil$69.06-$1.6710-Year2.974%+0.024T-Bond143.25-0.3125Dow24360.21+0.01%Nasdaq7266.90+0.02%S&P2671.92-0.03% The Metals: Gold saw slight gains in Asia before it fell back to $1306.10 by a little after 10AM EST, but it then rallied back hi...Read More
Gold prices recorded a modest loss Tuesday, marking a second straight session, weighed by strength in the dollar, but drawing some investment interest on the back of declines in the U.S. stock market. June gold GCM8, -0.09% fell 40 cents to settle at $1,313.70 an ounce. It declined modestly on Monday as well, after prices last week touched a roughly two-month low. "Gold is still being kept in che...Read More
World focus is on Trump's Iran decision. My personal view is that the Nuclear deal with Iran will be cancelled. New trade sanctions will be imposed on Iran. Republican-Saudi nexus want crude oil prices to form a lower floor at $100. They want crude oil prices to rise to $100 as soon as possible. In order to achieve this motive, trade sanctions on Iran will have to be imposed on some pretext. Nat...Read More
WASHINGTON (Reuters) - U.S. President Donald Trump and Chinese President Xi Jinping discussed ongoing trade issues on Tuesday, as both sides continue to position themselves amid a heated feud over tariffs between the world’s two largest economies.The two leaders spoke after high-level U.S. and Chinese officials in Beijing last week failed to reach a consensus, with talks set to resume next w...Read More
Chinese ferro-vanadium and vanadium pentoxide (V2O5) offers softened on limited export activity this past week, while the European markets were stagnant on a lack of spot market demand. Chinese vanadium export activity limited, offering prices slideEuropean vanadium markets inactive, prices flat US ferro-vanadium spot market activity picks up, prices narrow The Chinese ferro-vanadium export market...Read More
Jonathan Saul, Parisa HafeziLONDON/ANKARA (Reuters) - Some Iranians had been cashing in their savings even before U.S. President Donald Trump’s announcement he would pull out from the international nuclear deal with Iran, straining a banking system weighed down by bad loans and years of isolation.An official with Iran’s biggest state-owned Melli Bank told Reuters savings had declined b...Read More
Chinese ferro-silicon prices were stable last week, but shortened supply and more active trading suggest an uptick in pricing ahead. Chinese domestic market sees active trading, short supplyEuropean prices slide on thin trading activity US spot market stable amid spot inactivity Chinese domestic ferro-silicon market supported by tight supplyChinese domestic ferro-silicon prices were stable last we...Read More
Nevsun's Timok copper-gold exploration project in Serbia. Source: Nevsun Resources Ltd.Nevsun Resources Ltd. [NSU-TSX; NYSE AMERICAN] shares jumped 16.1% in early trading Tuesday May 8 after the company said it had rejected an unsolicited $1.5 billion offer from Lundin Mining Corp. [LUN-TSX; LUMI-Sweden] and Euro Sun Mining Inc. [ESM-TSX, CPNFF-OTC].Nevsun said the non-binding unsolicited proposal...Read More
(Kitco News)- Gold bounced off the $1,307 support level but the marketsentiment remains on the weak side. The dollar remains bid but traders may beunlikely to be aggressively short gold ahead of President Trump's announcementat 2 p.m. EDT on whether the U.S. will stayin the Iran nuclear deal. The higher oil price is also suggesting thatinflation may be creeping back into the economy, which may ind...Read More
Do you think penny stocks are best left to amateur traders who don’t understand that cheap stocks are cheap for a reason? It’s not an entirely unfair assessment. Many of these young (and doomed companies) are the beneficiaries of great sales pitches, but their investors often end up suffering buyer’s remorse.It’s a misnomer, however, to think all penny stocks — let&rs...Read More
Chilean copper miner Antofagasta estimates that export sales of copper concentrates from its Los Pelambres mine will be affected after a pipeline blockage halted transportation of material from the mine to the port of Los Vilos.Sales for the first six months of the year are expected to be down by 15,000 tonnes of copper contained in concentrates, but overall guidance for the year is unchanged...Read More
Ontario is creating jobs and boosting economic growth and prosperity for Northerners through recent investments from the province's Northern Ontario Heritage Fund Corporation (NOHFC). In 2017-18, the province invested more than $188 million through the NOHFC into more than 950 projects in 145 communities across the North, leveraging more than $964 million in direct economic activity and helping t...Read More
What would be the impact on gold ifthe U.S. pulls out of the Iran deal? The simple answer is nothing, as gold hasnot benefitted from the talks, threats and possibilities. Today at 2 p.m. EDT, PresidentTrump will announce to the world his decision, which should be that we arepulling out of the deal with Iran.Throughout the talks, oil hasbeen spiking higher while gold has struggled and sold off. Mos...Read More
ST. JOHN'S, N.L. - Newfoundland and Labrador's premier says confusion and uncertainty over federal efforts to protect marine areas have stranded crucial offshore oil investment.Dwight Ball says future decisions should be timely and based on good science - not pressure from what he called special interest groups.He made the comments to the National Advisory Panel on Marine Protected Area Standards....Read More
Chinese ferro-silicon prices were stable last week, but shortened supply and more active trading suggest an uptick in pricing ahead. Chinese domestic market sees active trading, short supplyEuropean prices slide on thin trading activity US spot market stable amid spot inactivity Chinese domestic ferro-silicon market supported by tight supplyChinese domestic ferro-silicon prices were stable last we...Read More
VANCOUVER - Shares in Nevsun Resources Ltd. gained more than 15 per cent in late-morning trading after it rejected an unsolicited $1.5-billion takeover offer by Euro Sun Mining Inc. that included Lundin Mining Corp.Nevsun said the offer failed to reflect the strategic value of its asset base and presented a problematic structure that could further undermine value to its shareholders.Shares in the...Read More