CAIRO (Reuters) - U.S. President Donald Trump expressed his “sincere congratulations” to Egypt’s President Abdel Fattah al-Sisi on his re-election victory in a call on Monday, Egypt’s state news agency MENA reported.Trump said in the call that the United States was keen on strengthening strategic relations and continuing to coordinate on key issues, MENA reported.Egypt anno...Read More

A Golden start-up company working to bring to market patented technology developed by Colorado School of Mines researchers for the quick and accurate testing of bacterial infections recently received $275,000 in angel funding.Traxion, a Golden-based venture catalyst whose strategic partners include the City of Golden and Mines, announced the successful completion of a $275,000 follow-on round of a...Read More

China's steel purchasing managers' index (PMI) rose in March, returning to expansion territory due to an increase in steelmaking activity last month. The index rose 1.1 points from February to 50.6 points, according to data released by the China Federation of Logistics & Purchasing (CFLP) last Saturday March 31.The sub-index for steel production jumped by 5.2 points to 50.6 points, with production...Read More

RAPAPORT... Firestone Diamonds recorded its first half-year revenue from the Liqhobongmine in Lesotho, the company said Tuesday. The miner saw sales of $28 million from the recovery of379,716 carats during the six months ending December 31, at an average price of$74 per carat.The company posted a net loss of $1.9 million for the period. "In our first six months of full-scale production at Liqhobon...Read More

Gold has been consolidating for months. In fact, the entire first quarter was traded in a big range. Gold never broke out to the upside or broke out to the downside. There have been many false starts in both directions, but each time, gold came to that key moment it reversed and went the other way. There is no end in sight for this wide consolidation pattern, but it will break out one way or the o...Read More

Mcx Lead Call – SELL Lead if price 156.90 (CMP 157.25) for Small Target 156 – 155.50 with SL Above price 158.10. RISK Taker trade 2 lotsAFTER POST CONTENT Read More

WASHINGTON (Reuters) - The White House on Monday accused China of distorting global markets and said the country should not target “fairly traded U.S. exports” after Beijing increased tariffs on 128 U.S. products in response to U.S. duties on imports of aluminum and steel.“China’s subsidization and continued overcapacity is the root cause of the steel crises,” White H...Read More

WMI said the launch advanced the application of digital technologies in support of safer and more efficient mining operations.According to Sibanye-Stillwater, the initiative leverages a growing range of on-site facilities with multi-disciplinary research that draws on expertise from other departments at the university and from partners locally and abroad.It is a simulated mining environment in the...Read More

(Kitco News) - Gold opened the new quarter on renewed buying interest. Gold held our $1,322 level going into the long weekend and aggressive buying emerged at the Asian open overnight. The Chinese have shot back and leveled tariffs on 128  U.S. products, which reignited the possibility of a trade war between the world's two largest economies. The U.S. equity market continues to struggle and t...Read More

(Reuters) - Shares in U.S. technology majors sank again on Monday, wiping out the tech-heavy Nasdaq index’s gains for the year and sending the benchmark S&P 500 below a closely watched technical level for the first time in nearly two months.All the 11 major S&P sectors were lower, with stocks also coming under pressure over renewed fears of a trade war after China imposed additional...Read More

Anglo American has again halted iron ore output at its Brazilian Minas-Rio operation, with the company's shipments affected after a pulp leakage at its slurry pipeline on Thursday March 29."The supply is paralyzed, as the stock level of 700,000 tonnes of iron ore ended," the miner told Metal Bulletin on April 2."We are now negotiating [the issue] with each client," it added.The company supplies th...Read More

Central banks were net buyers of gold in February and are likely to remain so, says Standard Chartered. “Appetite to sell was limited, sensitivity to price volatility was muted, and purchases were dominated by a small number of consistent buyers of size who view gold as a key asset,” Standard says. Russia added 22.8 tonnes of gold to its official reserves, following purchases of 18.9 t...Read More

* reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=RUDMIN%3DECIMOSCOW, April 2 (Reuters) - Russia's finance ministry isexpected to increase purchases of foreign currency in April asoil prices rise, according to a Reuters poll.The median forecast of 12 analysts polled by Reuters was forthe ministry to buy the equivalent of 233.5 billion roubles ($4.06 billion) between April 6 a...Read More

NEW YORK (Reuters) - Amber Baldet, a blockchain program lead at JPMorgan Chase & Co (JPM.N), is leaving the bank to launch her own venture, JPMorgan said on Monday.Baldet, one of the best-known executives focused on blockchain at a major lender, led JPMorgan’s Blockchain Center of Excellence and helped the bank set its strategy for the nascent technology.Baldet will be replaced by Christ...Read More

Big gains in the billet market over the weekend gave support to tender prices on the seaborne iron ore market on Monday April 2, though premiums for the most-liquid Pilbara Blend fines continued to weaken.Metal Bulletin 62% Fe Iron Ore Index: $65.80 per tonne cfr Qingdao, up by $0.81 per tonne Metal Bulletin 58% Fe Premium Index: $52.49 per tonne cfr Qingdao, up by $0.49 per tonne Metal Bulletin 6...Read More

** Shares of Ionis Pharma and Alnylam Pharma fall after Pfizer's drug to treat transthyretin(TTR) cardiomyopathy, a rare and fatal disease linked to heartfailure, succeeds in late-stage study** ALNY shares slumped 19.09 pct to $97.55; IONS sharesdipped 6.03 pct to $41.42** ALNY and IONS are developing separate treatments forhereditary TTR amyloidosis ** TTR cardiomyopathy is a condition that resul...Read More

The seaborne coking coal market was quiet on Monday April 2 with prices for premium hard coking coal falling by 5% - about $10 per tonne - over the past week. Metal Bulletin's fob Australia Premium Hard Coking Coal Index ended the day at $193.05 per tonne, while the cfr China index was at $195.78 per tonne, both unchanged from last Thursday.The indices were not published last Friday due...Read More

WASHINGTON, April 2 (Reuters) - The U.S. TreasuryDepartment said its Dutch bidding auction of 3-monthbills brought these results:3-MONTH BILLS RATESHigh1.740 pctMedian1.710 pctLow 1.680 pctInvestment1.772 pct PRICE/ACCEPTANCESPrice99.560167Accepted at high 51.97 pctBid-to-cover ratio 2.88AMOUNTS TENDERED AND ACCEPTED (dollars)Total accepted 48,000,442,900Total public bids tendered138,196,904,900Co...Read More

China's hot-rolled coil prices gained some strength on Monday April 2 though trading thinned after the paper market lost its steam during the day.DomesticEastern China (Shanghai): 3,860-3,880 yuan ($615-618) per tonne, up 40 yuan per tonneNorthern China (Tianjin): 3,850-3,870 yuan per tonne, up 60 yuan per tonneHRC prices increased after the futures contract for the flat steel product opened high....Read More

WASHINGTON, April 2 (Reuters) - The U.S. TreasuryDepartment said its Dutch bidding auction of 6-monthbills brought these results:6-MONTH BILLS RATESHigh1.905 pctMedian1.890 pctLow 1.850 pctInvestment1.950 pct PRICE/ACCEPTANCESPrice99.036917Accepted at high 56.65 pctBid-to-cover ratio 3.10AMOUNTS TENDERED AND ACCEPTED (dollars)Total accepted 42,000,398,400Total public bids tendered130,166,845,900Co...Read More