Telstra Mining Services is one group said to be keen on Brisbane-based industrial Internet of Things (IIoT) company MOVUS's FitMachine sensor technology and software-as-a-service (SaaS) business model. It is also said to be working with three "global mining companies", while MOVUS CEO Brad Parsons believes there is "strong scope" for FitMachine to help miners improve fixed and mobile plant managem...Read More
Andy Carroll, technical director at Mosman Oil And Gas Ltd (LON:MSMN) tells Proactive Investors seismic processing at exploration permit (EP) 145 in the Amadeus Basin has produced excellent results.The reprocessing of data from has confirmed the shallow multi-pay-zone anticline at EP145, similar to the reservoir zones at the nearby Mereenie oil and gas field and also revealed information at deeper...Read More
Perth-based junior developer, AustralianMines (ASX:AUZ | OTCQB:AMSLF), this morning announced its appointment of StuartPeterson in the newly created role of exploration manager.This new addition to the AUZ tech team comesas the company ramps up its project development and regional explorationactivities in 2018. Peterson is a qualified geologist andseasoned exploration manager, with more than 15 ye...Read More
(Kitco News) - Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term.Will gold prices go higher, lower or remain unchanged next week? Kitco readers will have until 9 a.m. EDT, Friday to cast their vote. The results will be tabulated and released after noon (12 PM EDT) along with the results from our market professional survey.Readers can al...Read More
WASHINGTON (Reuters) - President Donald Trump's administration does not at this time have another new, big trade initiative planned against China and is focused on implementing the moves that have already been announced, a White House official said on Wednesday.The official said the administration was aware of the market reaction to the trade row with Beijing, but said economic fundamentals and lo...Read More
Nickel Calls – Nickel BUY Call 42d given at price 854.50. Not Moving at all. CMP 855. Low risk taker EXIT with Cost to Cost. Only RISK taker Wait as per callTIPS ID 42d : Tips for Nickel - BUY Nickel at CMP 854.50 for Target 862 - 868 with SL below price 845.50AFTER POST CONTENT Read More
SHANGHAI, Apr 4 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar inched up and stood firmly above 90 as US stocks rebounded and as the euro edged down.SHFE metals fell across the board, except for copper and nickel, with zinc down close to 1%. Most LME metals gained, with nickel up close to 1%. LME copper touc...Read More
SHANGHAI, Apr 4 (SMM) –Copper: The US dollar index climbed up and depressed copper prices following a release by the US of $50 billion of imports from China that could be subject to sweeping tariffs. LME copper moved around the daily moving averages and hit the 20-day moving average, while its SHFE counterpart performed similarly with a narrower trading range. SMM remains bullish...Read More
SHANGHAI, Apr 4 (SMM) - The operating rates of Chinese zinc smelters are likely to dip further in April, following a 2.14-percentage-point month-on-month drop in March, an SMM survey showed.This is because more smelters are expected to carry out maintenance this month although some will resume normal operations.The operating rate in March stood at 72.31%, according to the SMM survey. Zin...Read More
Steve Curtis discusses with Proactive's Andrew Scott the impact on Caledonia Mining Corporation PLC (LON:CMCL TSX:CAL) from changes in Zimbabwe's export credit rules.The Reserve Bank of Zimbabwe raised the Export Credit Incentive (ECI) paid to all gold miners to 10% from 2.5% in February.Assuming gold remains at US$1,260 per oz, the benefit to Caledonia - which owns 49% and runs the Blanket gold m...Read More
Australian gold and cobalt explorer AlloyResources Limited (ASX:AYR) has announced that it has received assays from alarge soil sampling program at the Ophara cobalt-gold project, and they showextensive new cobalt mineralization trends over a 60 square kilometre area.Further, the assays indicate that the GreatGoulburn anomaly extends from 700 metres to over 3 kilometres, as well as indicatenew ano...Read More
NEW YORK (Reuters) - Oil was down less than half a percent on Wednesday, as a surprise draw in U.S. crude stockpiles brought prices almost all the way back from a two-week low hit in early trade after China proposed a broad range of tariffs on U.S. exports that fed fears of a burgeoning trade war.Both Brent and U.S. crude slid to two-week lows after China, the world’s largest importer of raw...Read More
Free Zinc Call – BUY Zinc Mini at CMP 212.50 for Target 213.40 – 213.90 with SL below price 211.65. RISK taker trade MEGA LotsAFTER POST CONTENT Read More
Gold has recouped Tuesday’s losses as a trade war between the U.S. and China escalates, says INTL FCStone. After a brief respite in tensions, the U.S. listed items on which it will impose duties, and China responded by doing the same 11 hours later on 106 products, including some agricultural commodities. Copper, oil and the dollar index are all lower, although the decline in the greenback i...Read More
SHANGHAI, Apr 4 (SMM) –Copper: The US dollar index climbed up and depressed copper prices following a release by the US of $50 billion of imports from China that could be subject to sweeping tariffs. LME copper moved around the daily moving averages and hit the 20-day moving average, while its SHFE counterpart performed similarly with a narrower trading range. SMM remains bullish...Read More
SHANGHAI, Apr 4 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar inched up and stood firmly above 90 as US stocks rebounded and as the euro edged down.SHFE metals fell across the board, except for copper and nickel, with zinc down close to 1%. Most LME metals gained, with nickel up close to 1%. LME copper touc...Read More
April 4, 2018 - Vancouver, BC - ATAC Resources Ltd. (TSX-V:ATC) (“ATAC”) is pleased to announce the 2018 exploration program for its 1,700 km2 Rackla Gold Property in east-central Yukon.The combined 2018 exploration budget for the Rackla Gold Property is ~$13 million and includes $7 million from ATAC and $6 million from Barrick Gold Corp. (“Barrick”).The program will includ...Read More
PARIS (Reuters) - France will cut the number of lawmakers by almost a third and introduce a degree of proportional representation for the next legislative elections, in a major reform aimed at restoring voters’ confidence in a largely discredited political class.The measures, broadly in line with President Emmanuel Macron’s campaign promises, are the result of an agreement between his...Read More
Aluminium Free Call – BUY Aluminium at cmp 129.10 for Target 130 – 130.70 with SL below price 128.0. Trade with 2 lots (CARRY CALL)AFTER POST CONTENT Read More
MinRex Resources (ASX:MRR) todayrevealed it has received an encouraging preliminary desktop report on thePacific Express project from its geology consultant.This report is part of a broaderplan to fast-track due diligence on MRR's proposed acquisition of three highlyprospective cobalt-nickel-scandium project areas in NSW and WA. This is the first phase of the duediligence process, which MRR will...Read More