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Why Markets Should Continue to Rise This Year

March 28, 2018 / dailyreckoning.com

A government shutdown was averted last Friday when President Trump signed a $1.3 trillion, 2,232-page omnibus bill. The deadline was midnight Friday and the bill came out late Wednesday.No one really had the time to go through it, and that's on purpose.The fact that no one really knew what was in it — besides the drafting committees and the lobbyists who crammed it full of pork — speak...Read More

SocGen 'Moderately Bearish' On Gold Prices, Prefers Palladium

March 28, 2018 / www.kitco.com

(Kitco News) - Societe Generale is "moderately bearish" on gold prices and calls palladium its "preferred precious metal."In a report released Tuesday, analysts said they look for gold to be at $1,275 in six months. As of 9 a.m. EDT Wednesday, spot gold was 2.5% higher so far in 2018 to $1,334.90 an ounce.Rising yields will be a headwind for gold, SocGen said."That being s...Read More

PhD candidate wins President's Postdoctoral Fellowship

March 28, 2018 / www.minesnewsroom.com

Ashley Bucsek, a mechanical engineering PhD candidate at Colorado School of Mines, has been awarded a President's Postdoctoral Fellowship to continue her research career at the University of Minnesota.The fellowship, originally established in 1984 at the University of California and expanded to multiple partner universities starting in 2011, encourages women and minority PhD recipients to pursue a...Read More

SMM Morning Comments (Mar 28)

March 28, 2018 / news.metal.com

SHANGHAI, Mar 28 (SMM) –Copper: LME copper rose above the five-day moving average overnight for the first time in five to six days. This trend is likely to stabilise, but growing inventories of LME copper will weigh on the prices. We see it trading at $6,620-6,680/mt today. SHFE copper lacks strong support as domestic demand has not fully recovered and as supply of refined cop...Read More

LATIN AMERICA FLAT STEEL WRAP: All eyes on impact of US trade measures

March 28, 2018 / www.metalbulletin.com

Throughout March, the Brazilian steel market has been questioning the likely impact of the steel import tariffs being imposed by the United States following its Section 232 investigation.Although current conditions point to the exemption of Brazil from the trade measures, mills in the country have been preparing to deal with possible tariffs.According to Brazilian flat steel association Inda, for...Read More

FTSE 100 consolidates gains to close higher but miners weigh

March 28, 2018 / www.proactiveinvestors.co.uk

FTSE 100 closes up 44 ptsDow Jones up but Nasdaq and S&P lose groundShire up 14% on Takeda bid approach newsFTSE 100 managed to close in positive territory as Wall Street was mixed and the pound strengthened.The UK blue-chip index finished over 44 points higher at 7,044, but big miners tempered gains.In contrast, the mid-cap FTSE 250 shed over 32 points to close at 19,356.Fiona Cincotta,...Read More

Wall St. edges up as gains in defensive shares counter Amazon losses

March 28, 2018 / www.kitco.com

NEW YORK (Reuters) - Wall Street edged higher during a rocky session on Wednesday as gains for defensive stocks offset a sharp fall in Amazon shares and declines in technology stocks.The benchmark S&P 500 moved in and out of positive territory following Tuesday’s late-session, tech-driven sell-off on the heels of Monday’s rally as traders adjusted to a return of volatility in recen...Read More

Metalysis raises cash ahead of Gen4 rollout

March 28, 2018 / www.mining-journal.com

The move comes just a month after one of its investors, Iluka Resources (AU:ILU), decided to write down the value of its investment in the company to zero. Iluka had previously valued its 27.8% stake in the company at A$30 million (US$23 million).The South Yorkshire-headquartered technology company has raised £12 million (US$17 million) to fund "post-processing facilities", feedstock and pro...Read More

FREE MCX TIPS Tips for Zinc Today – SELL Zinc APRIL at CMP 214.60 for Target 213.50 – 212.80 with Small SL Above price 215.20

March 28, 2018 / mcx.freetips.tips

TIPS FOR ZINC TODAYTips for Zinc Today – SELL Zinc APRIL at CMP 214.60 for Target 213.50 – 212.80 with Small SL Above price 215.20AFTER POST CONTENT Read More

Bazilian interviewed by The Washington Post about Shell climate change scenario

March 28, 2018 / www.minesnewsroom.com

Morgan Bazilian, executive director of the Payne Institute for Earth Resources and research professor in public policy at Colorado School of Mines, was recently interviewed by The Washington Post about Shell's Sky scenario, which imagines a future in which the increase to the global average temperature is held "well below" 2 degrees Celsius, the goal set forth in the Paris climate agreement. Fro...Read More

BMO Ups 2018 Average Gold Forecast To $1,327/Oz

March 28, 2018 / www.kitco.com

(Kitco News) - BMO Capital Markets has revised upward its average gold forecast for 2018 by 4% to $1,327 an ounce, looking for retail investment to pick up on inflation concerns and big investors to want exposure due to geopolitical worries.As of 9 a.m. EDT Wednesday, spot gold was 2.5 % higher so far in 2018 to $1,334.90 an ounce. “The return of geopolitical tension and concerns over the d...Read More

The Minnow That Swallowed The Whale Pt.II - Firesteel Resources Inc (CVE:FTR, FRA:2FN).

February 12, 2018 / palisade-research.com

Palisade Research February 12, 2018Category: Research Here's a little recap. . .We first covered Firesteel Resources last November.Back in June 2017 Firesteel signed a joint venture (JV) agreement with Nordic Mines AB (NOMI) to operate the Laiva Gold Mine – a fully-permitted mine located in Finland. The project has C$325 million of prior exploration and development and the mill is only...Read More

European powers press for Iran sanctions to buttress nuclear deal

March 28, 2018 / www.kitco.com

BRUSSELS/PARIS (Reuters) - France, Britain and Germany sought on Wednesday to persuade their EU partners to back new sanctions on Iran to preserve a nuclear deal with Tehran that U.S. President Donald Trump has threatened to pull out of in May, diplomats said.The new measures proposed by London, Paris and Berlin were discussed by the EU’s 28 ambassadors and could include members of Iran&rsqu...Read More

Confidence on the rise

March 28, 2018 / www.mining-journal.com

Epiroc has used one of the world's largest heavy haul cargo planes, the Antonov An-124 to deliver two Pit Viper 271 rotary blast-hole rig towers 17,000km from Texas to a client in Newman.The An-124 took off from George Bush Intercontinental Airport in Houston with its two-tower cargo and stopped off in Honolulu, Nadi and Brisbane before touching down at Perth international Airport early on March 2...Read More

FREE MCX TIPS Copper Free Tips Today – SELL Copper at CMP 430.40 Add more at price 432 with SL Above 434.10 for Target 427 – 425.50

March 28, 2018 / mcx.freetips.tips

Copper Free Tips Today – SELL Copper at CMP 430.40 Add more at price 432 with SL Above 434.10 for Target 427 – 425.50AFTER POST CONTENT Read More

G4S higher as HSBC ups to 'hold' from 'reduce', with increased target price, citing valuation grounds

March 28, 2018 / www.proactiveinvestors.co.uk

G4S PLC (LON:GFS) was a gainer in late afternoon trading, ahead 1.3% to 245.3p as HSBC Securities upped its stance on the support services firm to 'hold' from 'reduce', with an increased target price of 245p from 230p, citing valuation grounds.In a European sector review entitled 'Cash and Security', the global bank's analysts said: "With potential for delays in contract conversion, and wage infla...Read More

Mines ranked as best public college in Colorado

March 28, 2018 / www.minesnewsroom.com

Colorado School of Mines was ranked 19th among public colleges in the United States and first among public colleges in Colorado in a 2018 list by Buffalo Business First, a sister publication to the Denver Business Journal.Business First used a 22-part formula to develop their rankings, incorporating data such as admissions selectivity, retention and graduation rates, alumni earnings, tuition and h...Read More

Commerzbank: Little Potential For Platinum Recovery; Palladium To Ease In 2H

March 28, 2018 / www.kitco.com

(Kitco News) - Commerzbank sees limited potential for platinum prices to recover in 2018 and looks for a fall in palladium in the second half of the year.Analysts see an “oversupplied” platinum market this year and a smaller deficit in palladium, they said in an outlook report released Wednesday.Analysts see platinum averaging $925 an ounce in the second quarter and then $975 in the th...Read More

U.S. judge refuses to toss suit against Trump on foreign payments

March 28, 2018 / www.kitco.com

WASHINGTON (Reuters) - A federal judge on Wednesday gave the go ahead to part of a lawsuit that accuses President Donald Trump of flouting constitutional safeguards against corruption by maintaining ownership of his business empire while in office.U.S. District Judge Peter Messitte in Greenbelt, Maryland refused a request by the Justice Department to throw out the case, although he narrowed the cl...Read More

FREE MCX TIPS Mcx Nickel Tips – BUY Mcx Nickel at CMP 842 for Target 849 – 855 with SL below price 835.50. RISK taker trade 2 lots

March 28, 2018 / mcx.freetips.tips

MCX NICKEL TIPS TODAYMcx Nickel Tips – BUY Mcx Nickel at CMP 842 for Target 849 – 855 with SL below price 835.50. RISK taker trade 2 lotsAFTER POST CONTENT Read More

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