The KSK property hosts the flagship BKM copper project, which is currently the subject of a feasibility study to be completed in mid-2018. Read More
LONDON (Reuters) - Britain and the European Union are looking at whether interim taxation is needed to ensure digital firms are paying the right amount of tax, Prime Minister Theresa May said on Monday.Britain's Prime Minister Theresa May leaves 10 Downing Street in Westminster, London, Britain, March 26, 2018. REUTERS/Hannah McKay"We believe that the best result is an international result, but it...Read More
China's steel futures fell during morning trading on Monday March 26, while raw materials contracts ended the session largely unchanged from their opening prices. Futures closing prices - morning session Shanghai Futures Exchange May rebar: 3,369 yuan ($533) per tonne, down 16 yuan per tonne May hot-rolled coil: 3,507 yuan per tonne, down 57 yuan per tonne Dalian Commodity Exchange May iron ore: 4...Read More
Trade talks between U.S. and China reportedly point to more semiconductors purchases by BeijingDow Jones Industrial Average (DJI) futures are trading more than 360 points above fair value, as stocks look to rebound from their worst week since 2016. Traders are digesting news the U.S. and China have started trade negotiations, which reportedly includes Beijing ramping up its purchases of U.S. semic...Read More
Investing.com - Gold prices turned lower on Monday, pulling away from five-week highs after reports that the U.S. and China had started negotiations over escalating trade tensions eased fears over a possible all-out trade war.Gold futures for April delivery on the Comex division of the New York Mercantile Exchange were down $4.5 or 0.33% to $1,345.4 a troy ounce by 04:19 AM ET (08:19 GMT).Gold pri...Read More
It's not quite time to run up the red flags, but some recent developments in commodity markets suggest it may be time to start looking for them in the locker.The are two main factors that appear to be emerging that may threaten an end to the current quite rosy picture surrounding demand for commodities such as iron ore, steel and the metals most exposed to the battery boom, cobalt, lithium and nic...Read More
The work included in this article is based on current events, technical charts, and the author's opinions. It may contain errors, and youContinue...Read More
LONDON (Reuters) - Twitter Inc is to ban most advertising of cryptocurrencies on its platform, joining Facebook and Google in a clampdown on the nascent industry, the company said in a statement.The San Francisco-based firm will this week launch a policy that prohibits advertising of initial coin offerings (ICOs), a form of crowdfunding used to raise cash by creating new coins, as well as adverts...Read More
The placement includes 56.15 million common shares at a price of C$0.80 per share.Read More
Traders should be prepared for two possible SPX scenarios this week"If you draw trendlines connecting the SPX lows in February and early March, and the late-January and late-February highs, both are converging at 2,740 to begin the week. If the SPX breaks below this level, the risk increases of a move down to this month's low just below 2,700."...I would not be surprised to see March futures VIX s...Read More
RAPAPORT... On the heels of the alleged $2 billion Nirav Modi fraud, theRapaport Diamond Podcast has taken a close look at industry corruption.In the show's fourth episode, "Fraud, Corruption and theRed Carpet," the Rapaport editorial team talks about why diamonds areattractive to swindlers, and what the trade can do to improve its image. Also,guest interviewee Donald Palmieri of the Gem Certifica...Read More
(Adds company news items, futures)March 26 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 22 points lower at 6,900 on Monday, according to financial bookmakers, with futures FFIc1 0.1 percent lower ahead of the cash market open.* ROLLS-ROYCE: Britain's Rolls-Royce RR.L said its Trent 7000 engines which power the Airbus A330neo jet are not affected by the issues with the Trent 1000 engi...Read More
- London house prices falling at fastest pace since 2009- Values fell by 2.6% in year through January- London house prices likely to be weakest in UK over next five years - Inflated prices make London property more exposed to economic and political shocks- Worries over house prices are having a knock-on effect in wider economy- Physical gold to act as much needed hedge against falling property...Read More
Scientists from Imperial College London and UCL used a synthetic diamond grown in a nitrogen-rich atmosphere to create a new maser that operates continuously.A maser (microwave amplification by stimulated emission of radiation) is the older, microwave frequency sibling of the laser. It was invented in 1954 and has traditionally been used in deep space communication and radio astronomy.However, ear...Read More
SHANGHAI, Mar 26 (SMM) – After it was forecast that Tangshan's air pollution is likely to reach the orange level, the city activated its emergency level ?...? response to heavy air pollution at 20:00 on March 25 until further notice, SMM learned.An orange-level alert is the second-highest in China’s four-level air pollution warning system. An orange-level alert indicates that...Read More
LONDON (Reuters) - Crude oil futures slipped on Monday, but a rebound in stock markets and escalating Saudi-Iran tensions capped losses.Global stocks came off six-week lows on optimism that the United States and China are set to begin trade talks, easing fears about a trade war between the world’s two largest economies.The possibility of a full-blown trade war had weighed on the energy compl...Read More
VANCOUVER (miningweekly.com) – Quebec diamond producer Stornoway Diamond Corp has swung to a 2017 net loss of $114.6-million, from net income of $19.6-million in 2016, the company reported on Monday.Longueuil, Quebec-based Stornoway said its full-year results reflected a lower diamond price environment than was originally forecast.AdvertisementThe company noted that net income before impairm...Read More
(IDEX Online) - Stornoway Diamond Corp reported net loss of $114.6 million from net income of $19.6 million in 2016 in its financial year ended December 31, 2017. Its results reflected "a lower diamond price environment than was originally forecast by the Corporation". Net income before impairment was $11.1 million for the fourth quarter and $15.0 million for the year. Diamon...Read More
Price losses have deepened in the Chinese ferro-silicon spot market as restarted production increasingly weighs on supplier sentiment, although demand from the magnesium market is giving some support. China market weakness persists... ...but Mg sector demand stems price losses Europe eases with lower offer pricesUS suppliers cut prices amid competition Renewed supply drags down Ch...Read More