Popular News

Metals Appear To Be In Trouble

April 06, 2018 / www.kitco.com

This week we have watched the metals continue to churn in a range and mentioned that they may have found a higher low with a new support level. On Thursday, gold sold off hard, trading below the $1,330 support but closing right near support. Overnight President Trump started talking tariffs and trade wars again, sending equities reeling down over 400 points at one point. Gold barely budged on the...Read More

Rival banks applauded U.S. watchdog on 2016 Wells Fargo settlement: emails

April 06, 2018 / www.kitco.com

WASHINGTON/NEW YORK (Reuters) - Rival lenders privately congratulated the top U.S. consumer watchdog on its $100 million settlement with Wells Fargo over the bank’s phony accounts scandal, according to internal documents published by the Consumer Financial Protection Bureau this week.On Sept. 8, 2016, the CFPB and two other regulators announced they had reached settlements totaling $190 mill...Read More

POSITIONAL HOLD / CARRY Zinc Positional Call – BUY Zinc at CMP 210.10 Add more if price 209 with SL 207.90 (2.20 Points SL). For Target 212.20 – 214 – 215.50

April 06, 2018 / mcx.freetips.tips

Zinc Positional Call – BUY Zinc at CMP 210.10 Add more if price 209 with SL 207.90 (2.20 Points SL). For Target 212.20 – 214 – 215.50AFTER POST CONTENT Read More

"The ANC-led government is privatising Eskom through...

April 05, 2018 / www.mining-journal.com

The IPP procurement is the largest by the Department of Energy to date, representing R56 billion (US$4.7 billion) of investment and adding about 2,300MW of mostly wind- and solar-generation capacity to the country's grid over the next five years.The agreements were meant to be signed on March 13, but were delayed after the National Union of Metalworkers of South Africa (NUMSA) and Transform RSA tr...Read More

GLOBAL STEEL SLAB OUTLOOK: Section 232 tariffs spark uncertainties

April 06, 2018 / www.metalbulletin.com

Offers for Brazilian slab will likely increase in April on sellers' optimism despite growing resistance from buyers, after the United States temporarily delayed its Section 232 import tariffs on Brazil. But in Asia, slab prices are expected to remain steady or even decline slightly on sluggish trading and weakness in upstream and downstream segments, while products from the Commonwealth of Indepen...Read More

More Trump rhetoric, more nervousness in metals markets

April 06, 2018 / www.metalbulletinresearch.com

Base metals prices on the London Metal Exchange are for the most part weaker this morning, Friday April 6, following further announcements from the White House of increased tariffs against China. The main movers are nickel (-1.2%), copper (-0.9%) at $6,755 per tonne, lead (-0.7%) and zinc (-0.5%), while tin and aluminium are little changed. Volume remains light with 2,931 lots traded as of 07.31 a...Read More

Consumer groups to approach FTC over Facebook's facial recognition

April 06, 2018 / www.kitco.com

(Reuters) - A civil rights group and some consumer groups said on Friday they would file a complaint with the U.S. Federal Trade Commission (FTC) alleging that Facebook Inc's use of facial recognition techniques threaten users' privacy.The social media company has come under fire after it was disclosed that political consulting firm Cambridge Analytica, which worked for Donald Trump's presidential...Read More

Free Zinc Target Calls – Zinc SELL Positional Hold Call 402 Advised at Price 214.25 Achieved 2nd Target 211.50. CMP 210.50. Total profit made 2.75 Points per lot

April 06, 2018 / mcx.freetips.tips

FREE ZINC TARGET CALLSFree Zinc Target Calls – Zinc SELL Positional Hold Call 402 Advised at Price 214.25 Achieved 2nd Target 211.50. CMP 210.50. Total profit made 2.75 Points per lotTIPS ID 402 : ZINC HOLD Call - SELL Mcx Zinc April at CMP 214.25 with SL Above 216.10 for Target 213 - 211.50AFTER POST CONTENT Read More

Deripaska, Rusal sanctions bullish for US aluminium market; Glencore affected

April 06, 2018 / www.metalbulletin.com

The United States has sanctioned and frozen the assets of Oleg Deripaska and UC Rusal that are subject to US jurisdiction, prompting bullish sentiment and expectations of tightness in the US aluminium market, industry participants told Metal Bulletin."All assets subject to US jurisdiction of the designated individuals and entities, and of any other entities blocked by operation of law as a result...Read More

Wall St. losses accelerate as trade concerns mount

April 06, 2018 / www.kitco.com

(Reuters) - U.S. stocks tumbled on Friday on fears of an escalating trade war between the United States and China after President Donald Trump threatened to slap $100 billion more in tariffs and Beijing warned it would fight back “at any cost.”In light of China’s “unfair retaliation” against earlier U.S. trade actions, Trump upped the ante by ordering U.S. officials t...Read More

FREE MCX TIPS Nickel Trading call – SELL Mcx Nickel at CMP 855.80 for Target 850 with SL Above price 860

April 06, 2018 / mcx.freetips.tips

Nickel Trading call – SELL Mcx Nickel at CMP 855.80 for Target 850 with SL Above price 860 with 2 lotsAFTER POST CONTENT Read More

AppScatter strengthens monitoring service with Priori Data acquisition

April 06, 2018 / www.proactiveinvestors.co.uk

Philip Marcella, chief executive of appScatter Group PLC (LON:APPS) tells Proactive's Andrew Scott they're strengthening their app monitoring service with the acquisition of German firm Priori Data for ?13.5mln.Marcella says Priori runs an app data intelligence operation and when combined with appscatter's existing service will enable the performance of millions of apps and billions of devices to...Read More

Brazilian flat steel prices stable in early April

April 06, 2018 / www.metalbulletin.com

Local prices for flat steel goods in Brazil were stable for the second week in a row in early April, with new price adjustments expected only in June.Metal Bulletin's monthly price assessment for Brazilian hot-rolled coil (HRC) was steady month on month on Friday April 6, at 2,500-2,600 Reais ($750-780) per tonne ex-works.Over the same period, Metal Bulletin's monthly price assessment for Brazilia...Read More

Canada's Nemaska, Orion in talks on lithium-streaming deal: sources

April 06, 2018 / www.kitco.com

TORONTO/VANCOUVER (Reuters) - Canada’s Nemaska Lithium Inc (NMX.TO) is in talks with U.S. private equity firm Orion Mine Finance Group on a lithium streaming deal, a type of specialized mining finance, according to people familiar with the transaction.Separately, Nemaska said Thursday Japan’s SoftBank Group Corp (9984.T) will buy a stake of up to 9.9 percent in the company and invest u...Read More

Zinc Tips – Zinc BUY Call 498 given at price 210.40 Achieved Target 211 (Made 211 at 12:30pm). Total 0.60 Points Profit per lot

April 06, 2018 / mcx.freetips.tips

Zinc Tips – Zinc BUY Call 498 given at price 210.40 Achieved Target 211 (Made 211 at 12:30pm). Total 0.60 Points Profit per lot498 : Zinc Call - BU Zinc at CMP 210.40 for Target 211 - 211.50 with Small SL below price 209.90AFTER POST CONTENT Read More

Cape Lambert seeing 'extreme' interest from potential offtakers for Kipushi concentrate

April 06, 2018 / www.proactiveinvestors.co.uk

Tony Sage, executive chairman for Cape Lambert Resources Ltd (ASX:CFE) speaks to Proactive Investors from Mines and Money Asia, where he says sentiment is buoyant on cobalt.The company recently acquired two synergistic cobalt copper tailings projects, in the Democratic Republic of Congo (DRC) and 170km away in neighbouring Zambia.A Pre-Feasibility Study (PFS) for the DRC project is due out in thre...Read More

Brazil export slab prices stable but sellers plan increases

April 06, 2018 / www.metalbulletin.com

Brazilian slab export prices remained unchanged this week, with few offers heard, but producers were reported to be hoping for a new increase in offers for May-production batches.Metal Bulletin's weekly assessment of Brazil export slab prices was unchanged on Friday April 6, at $580-590 per tonne fob.Demand for slab was reported to be increasing, with buyers in Europe and Southeast Asia returning...Read More

U.S. targets Longfin, CEO over alleged trading scheme: SEC

April 06, 2018 / www.kitco.com

WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission on Friday said it had targeted allegedly illegal stock sales involving Longfin Corp stock as well as the finance and technology company’s chief executive and three other people.The regulator, in a statement, said it had obtained a court order to freeze more than $27 million in trading proceeds from “allegedly illegal di...Read More

FREE MCX TIPS Zinc Call– BU Zinc at CMP 210.40 for Target 211 – 211.50 with Small SL below price 209.90

April 06, 2018 / mcx.freetips.tips

Zinc Call – BU Zinc at CMP 210.40 for Target 211 – 211.50 with Small SL below price 209.90AFTER POST CONTENT Read More

European Lithium publishes positive PFS for Austria project

April 06, 2018 / www.proactiveinvestors.co.uk

Stefan M? 1/4 ller outlines the outcomes of the hotly-anticipated pre-feasibility study (PFS) for European Lithium Ltd's (ASX:EUR) (FRA:PF8) (VSE:ELI) Wolfsberg Lithium Project in Austria.Results confirm the technical and economic viability of the project, and show strong potential for significant upside. A definitive feasibility study (DFS) is set to begin in July for completion before the end of...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok