Aluminium Target – Aluminium April Sell hold call 29e given at price 132.85 Achieved 1st Target 130.50. Made 130.45. Total profit of 2.35 Points / Rs 11750TIPS ID 29e : Today Aluminium Hold Tips - SELL Aluminium APRIL at CMP 132.85 Hold for 2 days for Target small at price 130.50 - 129.60 with SL Above 133.50AFTER POST CONTENT Read More
SHANGHAI, Mar 29 (SMM) –Copper: A stronger US dollar and falling oil prices are likely to keep copper prices under pressure. We expect LME copper to trade at $6,640-6,690/mt today and the SHFE 1805 contract at 49,400-49,900 yuan/mt. Spot discounts are expected at 200-140 yuan/mt.Aluminium: A total of 18,000 lots of short positions were added to SHFE aluminium at the start of the trading...Read More
(Kitco News) - Sentiment in the gold market is stuck in neutral with Wall Street voters are split on the direction of gold prices next week, based on the Kitco News gold survey. Wall Street Bullish Bearish Neutral Bulls say gold looks oversold after this week’s decline, plus they cite ongoing geopolitical uncertainty and a view that the U.S. dollar will give up some of it...Read More
FTSE 100 closes upBarclays up on US settlement newsGKN top riserFinal trading session of 2018 first quarter FTSE 100 lost some gains but still finished positively ahead of the Easter break with UK engineering giant GKN plc (LON:GKN) the top riser after Melrose succeeded in its hostile bid.Turnaround firm Melrose (LON:MRO) received valid acceptances for its offer for GKN representi...Read More
Date 3/30 (BOJ Financial Markets Department) - The Bank of Japan said it offered to buy 450 billion yen in JGBs outright with residual maturities of more than 5 years and up to 10 years from 4/3. Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however,...Read More
SHANGHAI, Mar 29 (SMM) –Copper: A stronger US dollar and falling oil prices are likely to keep copper prices under pressure. We expect LME copper to trade at $6,640-6,690/mt today and the SHFE 1805 contract at 49,400-49,900 yuan/mt. Spot discounts are expected at 200-140 yuan/mt.Aluminium: A total of 18,000 lots of short positions were added to SHFE aluminium at the start of the trading...Read More
MCX NICKEL TIPS FREENickel Tips Free – Nickel BUY Carry call 31c given at price 853.50 Achieved 2nd Target 870. Made 870.80. Total profit of 16.5 Points per lot in nickel callTIPS ID 31c : Nickel Carry Call - BUY Nickel April at CMP 853.50 for Target 865 - 870 with SL below price 845AFTER POST CONTENT Read More
SHANGHAI, Mar 29 (SMM) –Copper: A stronger US dollar and falling oil prices are likely to keep copper prices under pressure. We expect LME copper to trade at $6,640-6,690/mt today and the SHFE 1805 contract at 49,400-49,900 yuan/mt. Spot discounts are expected at 200-140 yuan/mt.Aluminium: A total of 18,000 lots of short positions were added to SHFE aluminium at the start of the trading...Read More
RAPAPORT... Hong Kong-based jeweler Chow Sang Sang saw a 3% rise insales in 2017, brought about by a stronger Chinese currency and an improvementin consumer sentiment. Sales were $2.12 billion (HKD 16.63 billion) for the year,with jewelry-retail revenue increasing by the same percentage to $1.85 billion (HKD14.52 billion). Revenue from other businesses, including property, also grew 3% to $2...Read More
St-Onge, who has a Queen's University MBA, spent the past nine years with Export Development Canada, most recently leading development of EDC's relationships with Canada's largest financial institutions."The future of mining is digital and Micromine's first class software solutions make it perfectly placed to embed itself as the new industry standard in North America," she said this week.St-Onge i...Read More
(Kitco News) - In its continued bid to bring innovation to the precious-metals sector, one of the world’s biggest gold miners has embraced a new blockchain-based digital marketplace.Goldcorp (NYSE: GG, TSX: G) announced Thursday that it placed 3,000 ounces of gold, valued at $4 million, in Tradewind Inc.'s newly launched digital market, VaultChain. Tradewind described the investment as the &...Read More
Elektron Technology PLC (LON:EKT) shares rose 5.4% to 27.2p in late-afternoon trading after its subsidiary, Bulgin, signed a global distribution agreement with Arrow Electronics Inc (NYSE:ARW).The electrical components maker said the initial inventory order from Arrow was in excess of US$500,000, representing a significant investment in the joint initiative, with products available for customer or...Read More
Copper Mcx – Copper Buy Call 32f given at price 436.70. CMP 439. Total profit made 2.3 x 2 lot = 4.6 Points Profit32f : Tips for Copper - BUY 2 lot Copper April at CMP 436.70 Small Target 438.80 - 439.90 with SL below price 434.90AFTER POST CONTENT Read More
March 30 (BOJ Financial Markets Department) - The Bank of Japan announced the following interest rates for Japan's benchmark overnight call money. weighted average rate-0.066 percent highest rate 0.001 percent lowest rate-0.086 percent Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure ac...Read More
This year marks the start of a new age of steelmaking for China, according to Chi Jingdong, vice-chairman of the China Iron & Steel Association.The Chinese steel industry will continue to strive for improvements, especially in structural changes and meeting the demand of the country's economy, he said."The Chinese steel industry will work to ensure that domestic steelmakers work to support a stabl...Read More
(Kitco News) - South African producer Gold Fields Ltd. (JSE: GF; NYSE: GFI) is buying a 50% joint-venture interest in Asanko Gold Inc.’s (TSX: AKG, NYSE American: AKG) Asanko Gold Mine and other properties in Ghana, with the deal valued at $202.6 million, the companies announced Thursday. Canada-based Asanko has a 90% interest in the Asanko Gold Mine. The government holds the other 10%. Asan...Read More
The company said this week that due to the disappointing performance of its mining business and the impact of legacy residential projects, it expected to post a full-year underlying net loss before tax of A$3-5 million.Read More
Toronto, Ontario - March 29, 2018 - Amarillo Gold Corporation ("Amarillo" or the "Company") (TSX.V:AGC) is pleased to announce that further to its news release dated March 19, 2018, the Company has successfully closed the first tranche of its previously-announced non-brokered private placement (the "Private Placement") through the issuance of 14,183,333 units ("Units") at a subscription price of $...Read More
The week after the Easter break looks set to be quiet on the corporate earnings front with only a handful of trading statements.Given the recent woes in the retail sector, investors are likely to keep an eye on interims from Topps Tiles Plc (LON:TPT) after a challenging 2017 saw its profits and sales drop.The previous week saw another retailer in the dumps with Conviviality PLC (LON:CVR) - t...Read More
Tips Copper – Copper BUY Call 32f given at price 436.70 CMP 438.40. Near to Target. profit chance of 1.7 x 2 lot = 3.40 Points / Rs 340032f : Tips for Copper - BUY 2 lot Copper April at CMP 436.70 Small Target 438.80 - 439.90 with SL below price 434.90AFTER POST CONTENT Read More