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Spot copper premiums lack support amid oversupply

May 10, 2018 / news.metal.com

SHANGHAI, May 10 (SMM) – Spot copper was mostly offered at a premium of 10-100 yuan/mt over the SHFE 1805 contract on Thursday May 10 in the Shanghai market. This compared with a premium of 20-100 yuan/mt on the previous day. Transactions of high-quality copper cooled from the previous days, with cargoes mostly offered at a premium of 80 yuan/mt, SMM learned. Trading of standard-quality...Read More

Report: China's passenger EV sales up 150% in Apr

May 10, 2018 / news.metal.com

SHANGHAI, May 10 (SMM) – Sales of new-energy passenger vehicles in China came in at 73,145 units in April, up 150% year on year and up 31.3% month on month, according to data from China Passenger Car Association (CPCA) released on Wednesday May 9.The jump in April suggested a continuous growing demand, Cui Dongshu, secretary general at CPCA, was quoted as saying in local media reports.The A0...Read More

Report: China's passenger EV sales up 150% in Apr

May 10, 2018 / news.metal.com

SHANGHAI, May 10 (SMM) – Sales of new-energy passenger vehicles in China came in at 73,145 units in April, up 150% year on year and up 31.3% month on month, according to data from China Passenger Car Association (CPCA) released on Wednesday May 9.The jump in April suggested a continuous growing demand, Cui Dongshu, secretary general at CPCA, was quoted as saying in local media reports.The A0...Read More

Aluminium Trading Tips – Our Aluminium BUY Call 84e given at price 156.90 Achieved 1st Target 158. CMP 158.0 Total profit of 1.10 Point x 2 lot = 2.20 Points

May 10, 2018 / mcx.freetips.tips

Aluminium Trading Tips – Our Aluminium BUY Call 84e given at price 156.90 Achieved 1st Target 158. CMP 158.0 Total profit of 1.10 Point x 2 lot = 2.20 PointsTIPS ID 84e : Mcx Aluminium - High Risk Call : BUY Aluminium at CMP 156.90 for Target 158 - 158.80 with SL below price 155.50AFTER POST CONTENT Read More

GM sees custom designs, personal ownership for self-driving cars

May 10, 2018 / www.kitco.com

(Reuters) - General Motors Co (GM.N), which plans a ride-sharing fleet of robotaxis for next year, is looking at further business opportunities for self-driving cars, such as custom designs that could be almost unrecognizable from those of today, a top executive said on Thursday.Custom-designed vehicles could be owned or leased by individual customers, including those outside of large cities, and...Read More

Prize Mining Samples 2.73% Copper Over 6 Meters at the Manto Negro Oxide Copper Project

May 10, 2018 / prizemining.com

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESMay 10, 2018, Calgary, ALB - PRIZE MINING CORPORATION ("Prize" or the "Company") (TSXV:PRZ) (OTCQB:PRZFF) (MQSP:GR:FRANKFURT) is pleased to announce additional assay results from the ongoing sampling program on its Manto Negro Copper Project in Coahuila State, Mexico. Mapping and sampling at the p...Read More

Report: China's passenger EV sales up 150% in Apr

May 10, 2018 / news.metal.com

SHANGHAI, May 10 (SMM) – Sales of new-energy passenger vehicles in China came in at 73,145 units in April, up 150% year on year and up 31.3% month on month, according to data from China Passenger Car Association (CPCA) released on Wednesday May 9.The jump in April suggested a continuous growing demand, Cui Dongshu, secretary general at CPCA, was quoted as saying in local media reports.The A0...Read More

Parag Buys A. Jaffe's Assets at Auction

May 09, 2018 / www.diamonds.net

RAPAPORT... A US court has named Parag Diamonds as thesuccessful bidder for the assets of A. Jaffe, one of Nirav Modi's jewelrybrands. Four prospective purchasers attended the auction on May 3,participating in several rounds of bidding, according to a filing with the USBankruptcy Court for the Southern District of New York last week. While Paragwon, Flourish City Holdings emerged as the "backup" b...Read More

FREE MCX TIPS Free Zinc Call – RISK taker Only – BUY Zinc at CMP 207.85 for Target 209. – 210 – 212 with SL below price 206.40

May 10, 2018 / mcx.freetips.tips

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

Trump administration to reconsider housing bias protections

May 10, 2018 / www.kitco.com

WASHINGTON (Reuters) - President Donald Trump's administration signaled on Thursday it may reverse housing anti-discrimination protections established under Democratic former President Barack Obama that exposed companies to a broad range of legal claims under federal law.The U.S. Department of Housing and Urban Development (HUD) said it will reconsider the 2013 rule issued during the Obama adminis...Read More

Gold Remains Resilient

May 10, 2018 / www.kitco.com

(Kitco News) - Gold has shown remarkable resilience in the face of a stronger dollar. Geopolitical tensions have created some support but the oil price surge may create an acceleration of inflation, within the context of the Fed now prepared to look at their inflation target in a symmetrical fashion. This may prove to be a head fake to the upside and we suggest waiting for confirmation on a close...Read More

Increased zinc imports weigh on spot offers

May 10, 2018 / news.metal.com

SHANGHAI, May 10 (SMM) – Traders continued to lower offers in China’s spot zinc market on Thursday May 10 as supply of imported zinc increased, SMM learned.Trading liquidity picked up slightly as the SHFE zinc 1806 contract fell and closed at 23,855 yuan/mt at mid-day. But most downstream buyers still took a watch-and-wait stance.In Shanghai, #0 zinc mostly traded at 23,920-24,000 yuan...Read More

SMM Morning Comments (May 10)

May 10, 2018 / news.metal.com

SHANGHAI, May 10 (SMM) –Copper: LME copper rebounded to a high of $6,810/mt from a low of $6,766/mt during the European trading session overnight. The SHFE 1807 contract traded rangebound overnight. Its trading level nudged up and hit the five-day moving average. We expect LME copper to trade at $6,800-6,850/mt today with SHFE 1807 contract at 50,900-51,300 yuan/mt. Spot premiums are seen to...Read More

Christie's to Sell 8ct. Flawless Blue

May 09, 2018 / www.diamonds.net

RAPAPORT... Christie's Hong Kong spring sale will feature an 8.01-carat,fancy vivid blue, internally flawless diamond pendant necklace, estimated atbetween $18.5 million and $25 million, the auction house said. The pear-shaped stone, which hangs below a circular-cut, 1.60-carat,fancy intense pink diamond, was designed by Moussaieff. A 0.35-carat whitediamond is set between the two. Other nota...Read More

PROFIT Today Aluminium – Aluminium BUY Call 84e given at price 156.90 CMP 157.75. Low risk taker book 0.85 Points per lot

May 10, 2018 / mcx.freetips.tips

Today Aluminium – Aluminium BUY Call 84e given at price 156.90 CMP 157.75. Low risk taker book 0.85 Points per lotTIPS ID 84e : Mcx Aluminium - High Risk Call : BUY Aluminium at CMP 156.90 for Target 158 - 158.80 with SL below price 155.50AFTER POST CONTENT Read More

SMM Morning Comments (May 10)

May 10, 2018 / news.metal.com

SHANGHAI, May 10 (SMM) –Copper: LME copper rebounded to a high of $6,810/mt from a low of $6,766/mt during the European trading session overnight. The SHFE 1807 contract traded rangebound overnight. Its trading level nudged up and hit the five-day moving average. We expect LME copper to trade at $6,800-6,850/mt today with SHFE 1807 contract at 50,900-51,300 yuan/mt. Spot premiums are seen to...Read More

Exclusive: Sanctioned Russian tycoon hands back his private jets

May 10, 2018 / www.kitco.com

MOSCOW - Russian tycoon Oleg Deripaska has handed back three private jets he was leasing because U.S. sanctions imposed on him last month make it impossible to keep using the planes, the firm retained by the owners to sell the aircraft said on Thursday.The aircraft are Gulfstream executive jets, favored by jet-setting business people for their long range and plush interiors. They are now on sale,...Read More

Pan American Silver Reports Rise In 1Q Profit

May 10, 2018 / www.kitco.com

(Kitco News) - Pan American Silver Corp. (Nasdaq, TSX: PAAS),the world's second-largest primary silver producer, late Wednesday reported that its first-quarter profit rose on a combination of higher revenues and lower costs. Net earnings were $48.2 million, or 31 cents per share, up sharply from $20 million, or 13 cents, in the first quarter of 2017. The January-March results included an $8 m...Read More

SMM Morning Comments (May 10)

May 10, 2018 / news.metal.com

SHANGHAI, May 10 (SMM) –Copper: LME copper rebounded to a high of $6,810/mt from a low of $6,766/mt during the European trading session overnight. The SHFE 1807 contract traded rangebound overnight. Its trading level nudged up and hit the five-day moving average. We expect LME copper to trade at $6,800-6,850/mt today with SHFE 1807 contract at 50,900-51,300 yuan/mt. Spot premiums are seen to...Read More

Copper Fox Retains Renmark Financial

May 10, 2018 / copperfoxmetals.mwnewsroom.com

CALGARY, Alberta, May 10, 2018 (GLOBE NEWSWIRE) -- Copper Fox Metals Inc. (“Copper Fox” or the “Company”) (TSX-V:CUU) (OTC:CPFXF) is pleased to announce that it has retained the services of Renmark Financial Communications Inc. to handle its investor relations activities.“We are pleased to announce that we have selected Renmark to reinforce Copper Fox Metals Inc.'...Read More

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