SAN FRANCISCO (Reuters) - Facebook Inc said on Wednesday the personal information of up to 87 million users, mostly in the United States, may have been improperly shared with political consultancy Cambridge Analytica, up from a previous news media estimate of more than 50 million.Chief Executive Mark Zuckerberg said in a conference call with reporters that Facebook had not seen “any meaningf...Read More
Base metals prices on the London Metal Exchange were mostly higher at the close of trading on Thursday April 5, with copper's three-month price gaining 1.5%."Industrial metals reacted broadly positive as investors assess the outlook for US-China trade tensions while both major economies signal willingness to negotiate," John Meyer, SP Angel analyst said."Copper regained [momentum] on the announcem...Read More
Vancouver’s Teck Resources is buying out a minority partner in a major copper project in Chile at a cost that could reach as high as $262.5 million.The total price tag, however, will depend on copper prices — often considered a barometer for global macroeconomic growth because it is used in so many products — and which at the moment are sliding as the U.S. and China slap tariffs...Read More
MICROMINE is pleased to announce the release of Geobank 2018, the latest version of the industry leading, secure and flexible data management solution, is now available for download.Geobank 2018 delivers to our users improved usability, functionality and performance, with a variety of benefits relevant to both exploration and mining operations.Commenting on the release, Geobank Product Strategy Ma...Read More
Comex copper prices bounced back in US morning trading on Thursday April 5 amid easing tensions between the United States and China. Copper for May settlement on the Comex division of the New York Mercantile Exchange jumped 6.65 cents or 2.2% to $3.0770 per lb. "We remain modestly constructive on metals going into April, as we suspect...Read More
It's 11:55 p.m. and Steven Howard has just returned to his hotel room in Beijing after a draining day of meetings to promote his lithium exploration company. The next morning, he would fly to Seoul to do it again, and then on to Tokyo.“I’ve got wings and wheels strapped to my rear end,” he says about his travel schedule which included stops in Hong Kong, Shenzen, Huizhou and Tian...Read More
Zinc prices on the London Metal Exchange came under further pressure during morning trading on Thursday April 5, with on-warrant stocks rising 16%. The three-month zinc price was the only metal trading in negative territory following a 23,425 tonne re-warranting in New Orleans - which takes total available stock to 166,650 tonnes. The rest of the complex made a slight recovery with potential talks...Read More
Positive mood on markets weigh on gold. Stronger US dollar also pushed the yellow metal lower. After a brief period of stabilization, gold prices resumed the decline. It printed a fresh low at $1,322.60/oz after the beginning of the US session. It was holding near the lows, under pressure. Gold is back near last week lows. Yesterday’s rally that followed the announcement...Read More
Gold soared yesterday likely based on the escalation of the trade conflict between the U.S. and China, but after several hours the rally was over. The tensions didn’t really subside, but the price of gold is already about $10 below the price at which it was trading when yesterday’s rally had started. Is gold trying to say something? No. It’s not saying – it’s screamin...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Will PurcellThe diamond and specialty minerals stocks box score for Thursday was a rousing 100-62-132. The TSX Venture Exchange gained six points to 770 while polished diamond prices rose 0.2 per cent. Dr. Waldo Perez's Neo Lithium Corp. (NLC) added 12 cents to $...Read More
• Easing trade-war fears/risk-on moods continue to exert downward pressure. • A modest USD uptick/pickup in the US bond yields add to the weaker tone. • Short-covering helps bounce off lows, but the outlook remains negative. Gold held on to its weaker tone through the mid-European session, albeit has managed to pare some o...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterNew York spot gold fell $6.60 to $1,326.20 on Wednesday. The TSX Venture Exchange regained 6.78 points to 770.56 while the TSX Gold Index added 0.58 point to 184.41. Most Canadian gold minersedged higher today. Agnico Eagle Mines Ltd....Read More
Investing.com - Gold prices fell on Thursday as risk appetite recovered amid investor bets that recent tariff announcements by the U.S. and China are negotiating tactics and the countries will ultimately reach a compromise.Gold futures for June delivery on the Comex division of the New York Mercantile Exchange fell $10.20 or 0.75% to $1,330.00 a troy ounce by 03:30 AM ET (07:30 AM GMT).Prices of t...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterWest Texas Intermediate crude for May delivery gained 17 cents to $63.54 on the New York Merc, while Brent for June gained 31 cents to $68.33 (all figures in this para U.S.). Western Canadian Select last traded at a discount of $23.40...Read More
Gold continues to drop in cycles as market sentiment falters and recovers amidst geopolitical turmoil. The possible trade war lead-up is likely to cool off following this week's round of tariff threats. Gold is continuing to slump in Asia trading, bumping into the 1,330.00 handle and maintaining the bearish momentum that rolled over from Wednesday's action. Gold initially lifted on the w...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterThe TSX Venture Exchange closed up 6.78 points to 770.56 Thursday.David Antony has filed a preliminary prospectus to list his first capital pool shell, Rider Investment Capital Corp.The shell plans to sell a $250,000 initial public off...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Mike CaswellMichael Kipp, the former chief financial officer of Toronto Stock Exchange Swisher Hygiene Inc., has asked a judge in North Carolina to put him in jail for no more than a year for his part in an accounting fraud at the company. He says that he has alr...Read More
Cesco Week, the annual copper industry gathering in Santiago, starts on Sunday in the Chilean capital, with some 2,000 local and international market participants in attendance to discuss the outlook for copper prices and mining as a whole.Here is a list of the events and functions scheduled for the week.Please note that events are private receptions and admission is strictly by invitation only.Su...Read More
Turkish billet prices continued to decrease over the past week on lower offers from CIS suppliers and weakening imported scrap values, sources said on Thursday April 5.Metal Bulletin's weekly price assessment for billet imports into Turkey was $530-540 per tonne cfr, down from the $540-550 per tonne of last week.The suppliers in the CIS region...Read More
The latest news and price moves to start the Asian day on Friday April 6. Zinc prices came under further pressure on the London Metal Exchange on Thursday April 5 while the rest of the base metals complex moved higher, with market sentiment improving due to potential talks between the United States and China around trade tensions. Read more in our live futures report. Here is how pr...Read More