East Asia's stainless steel market strengthened slightly over the past week, with elevated nickel prices keeping mills under pressure to raise their offers.Metal Bulletin's assessment of prices for benchmark 304 stainless 2mm trimmed cold-rolled coil was $2,230-2,310 per tonne cif East Asian ports for the week ended Wednesday May 9, up $10-60 per tonne from a week earlier. Metal Bulletin's assessm...Read More
(IDEX Online) - Sarine Technologies Ltd said that Borsheims selected the Sarine Profile to accompany each of Warren Buffett's limited series of Signature Diamonds sold at the annual Berkshire Hathaway shareholders meeting in Omaha, Nebraska. Each stone was engraved on-site by Sarine's DiaScribe system with Buffett's signature, a personalized commemoration or message of affection of the buy...Read More
SHANGHAI, May 11 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar fell overnight after the April consumer-price inflation data came in weaker than expected. The US dollar index closed at 92.71, down 0.42%.Base metals saw mixed trading. LME copper gained 1.5% as inventories declined. LME lead nudged up while tin lost 1.6% and...Read More
SHANGHAI, May 11 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar fell overnight after the April consumer-price inflation data came in weaker than expected. The US dollar index closed at 92.71, down 0.42%.Base metals saw mixed trading. LME copper gained 1.5% as inventories declined. LME lead nudged up while tin lost 1.6% and...Read More
(Kitco News) - Gold and silver prices are moderately higher in early-afternoon U.S. trading Thursday. The metals see upside support from a bit of safe-haven demand, a lower U.S. dollar index, a tame U.S. inflation report, and some short covering in the futures markets. June Comex gold futures were last up $6.90 an ounce at $1,319.80. July Comex silver was last up $0.191 at $16.73 an ounce. The U.S...Read More
SHANGHAI, May 11 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar fell overnight after the April consumer-price inflation data came in weaker than expected. The US dollar index closed at 92.71, down 0.42%.Base metals saw mixed trading. LME copper gained 1.5% as inventories declined. LME lead nudged up while tin lost 1.6% and...Read More
Zinc Target Today – ZInc BUY Call 851 given at price 207.85 Achieved 1st Target 209. CMP 209.10. Total profit of 1.25 x 2 lot = 2.50 PointsTIPS ID 851 : Free Zinc Call - RISK taker Only - BUY Zinc at CMP 207.85 for Target 209. - 210 - 212 with SL below price 206.40AFTER 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. The British Pound moved slightly lower after the Bank of England maintained its overnight lending rate at 0.5%.Index futures moved slightly higher following release of economic news at 8:30 AM EDT. Consensus for Weekly Jobless Claims was 220,000 versus 211,000 last week. Actual was 211,00...Read More
RAPAPORT... Industry leaders have canceled next month's World Diamond Congress in TelAviv, citing low registration and the likely impact ofgeopolitical tensions in the region. The World Federation of Diamond Bourses (WFDB) and theInternational Diamond Manufacturers Association (IDMA) meet at the congressevery other year to discuss industry issues. This year's event was due to takeplace i...Read More
Justifiably, Idaho's neighbouring states hog the spotlight when it comes to exploration and mining investment.But Barrick Gold's move on Midas Gold to secure a big say in development of one of the biggest emerging mines in the US (based on the circa-300,000ozpa projected run rate) signals the gold major is happy to look outside Nevada for its next significant ‘safe jurisdiction' project...Read More
SHANGHAI, May 10 (SMM) – Nonferrous metals futures inched up for the most part on Thursday May 10. Tin gained nearly 0.5%, while copper, zinc, and lead went up slightly. Aluminium edged down, and nickel fell close to 0.4%.The ferrous complex rose across the board except for iron ore, which lost over 0.4%. Hot-rolled coil gained nearly 1%, while rebar, coking coal, and coke edged up.Copper: T...Read More
SHANGHAI, May 10 (SMM) – Nonferrous metals futures inched up for the most part on Thursday May 10. Tin gained nearly 0.5%, while copper, zinc, and lead went up slightly. Aluminium edged down, and nickel fell close to 0.4%.The ferrous complex rose across the board except for iron ore, which lost over 0.4%. Hot-rolled coil gained nearly 1%, while rebar, coking coal, and coke edged up.Copper: T...Read More
SHANGHAI, May 10 (SMM) – Nonferrous metals futures inched up for the most part on Thursday May 10. Tin gained nearly 0.5%, while copper, zinc, and lead went up slightly. Aluminium edged down, and nickel fell close to 0.4%.The ferrous complex rose across the board except for iron ore, which lost over 0.4%. Hot-rolled coil gained nearly 1%, while rebar, coking coal, and coke edged up.Copper: T...Read More
RAPAPORT... De Beers Diamond Jewellers has launched an online store on e-commerce platform Farfetch dedicatedto its fine-jewelry collections, the company saidTuesday. The jeweler is featuring designs from its Enchanted Lotusand Talisman lines on the retail-and-fashion website, as well assome of its lower-price designs such as My First De Beers. Farfetch currentlyships to 100 countries and is avail...Read More
NEW YORK (Reuters) - The U.S. dollar fell on Thursday against a basket of currencies, holding below its 2018 peak, as a smaller-than-expected rise in consumer prices caused traders to pare positions betting that inflation is accelerating, which could push the Federal Reserve to hike interest rates faster.The British pound hit a four-month low versus the greenback after the Bank of England left key...Read More
Lead Mcx – Lead BUY Call 849 given at price 155 Achieved 1st Target 155.80 & 2nd Target 156.30 (CMP 156.85) Total profit of 1.3 x 2 lot = 2.6 PointsTIPS ID 849 : BUY 2 lot Lead at CMP 155 for Target 155.80 - 156.30 with SL 154.0AFTER POST CONTENT Read More
Less than a month after expanding its operations and securing aportfolio of vanadium projects in Finland and Sweden, Pursuit Minerals(ASX:PUR) has reported high grade vanadium mineralisation at the KoitelainenProject's KoitelainenV prospect in Finland. Nine drill holesfrom the prospect produced magnetite concentrates with vanadium values rangingfrom 2.0 to 3.7% V2O5, with a globally significant av...Read More
Few gold exploration hot spots are going to be hotter this northern summer than key districts in Ontario, Nunavut and British Columbia, with the Golden Triangle in BC a standout in terms of gold and copper discovery potential. After a successful 2017 exploration program, GT Gold Corp is well-funded for follow-up drilling of exciting near-surface vein system, and deeper intrusive, targets. In the f...Read More
(Kitco News) - Hecla Mining Co. (NYSE: HL) remained profitable in the first quarter despite the continuation of a strike at the Lucky Friday Mine in Idaho, the company reported Thursday.Net income fell to $8.1 million, or 2 cents per share, from $26.7 million, or 7 cents, in the first quarter of 2017. The company listed several factors for the decline, including a tax benefit that helped the year-...Read More
RAPAPORT... Lucara Diamond Corp. recorded a loss in the first quarter aslower production and a drop in the average price led to a decline insales. Revenue fell 3% year on year to $25.4 million for the threemonths ending March 31, with the volume of goods sold down 2% to 63,317 carats,the company reported Tuesday. The average selling price slipped 1% to $401 percarat. The miner noted a n...Read More