Victory Mines (ASX:VIC) hasreceived an updated progress report from geology consultant, Xplore Resources, on its NSW assets, confirming that geochemical analysis is now underway. Xplore has concluded the firstphase of the surface soil-sampling program, focused on pre-selected high-prioritytargets aligned with magnetic peaks.Geochemical analysis follows thecompletion of field mapping and preliminar...Read More
QUESTION: Hi Mr. Armstrong, I notice that the gold market and the Dow Jones they both had a high in January and since then they have been treading water, are these markets getting in sync or is just a coincidence. Also when it comes to the markets you have explained that we will always see the “if then” situation, my question is a what point do we know that this is the right time to p...Read More
(Kitco News) - Gold and silver prices were slightly higher in midday trading Monday. The precious metals saw modest support from a weaker U.S. dollar index on this day. Buyers of the safe-haven metals were squelched by a solid rally in the U.S. stock market today. June Comex gold futures were last up $0.70 an ounce at $1,336.80. May Comex silver was last up $0.078 at $16.344 an ounce.There was bet...Read More
AfriTin Mining Ltd (LON:ATM) gained as it signed a non-binding memorandum of understanding with MRI Trading for an artisanal buying operation for tin concentrate in Namibia.The two companies aim to explore the possibility of sourcing cassiterite concentrate from local artisanal miners to establish early cash flows, AfriTin said.AfriTin and MRI will also look at establishing a buying station for th...Read More
Aluminium Live Call - Aluminium BUY Call 4de given at 137.65 (138.10 + 137.20 (07:27pm)) Achieved 1st Target 139.50. CMP 139.50. Total profit of 1.85 x 2 lot = 3.70 PointsTIPS ID 4de : Free Mcx Aluminium Tips - Buy Aluminium at CMP 138.10 Add more at price 137.20 with SL below price 136.70 for Target 139.50 - 140.30. Trade 2 lotAFTER POST CONTENT Read More
Vancouver, British Columbia, Canada – Monday, April 9, 2018 – Canada Zinc Metals Corp. (“Canada Zinc Metals” or “the Company”, TSX Venture Exchange: CZX) is pleased to announce the results from new metallurgical test data on the 2017 drill core from its 100% owned zinc-lead-silver Cardiac Creek deposit located on the Akie property in northeast British Columbia.H...Read More
Japan’s largest copper smelter Pan Pacific Copper plans to increase its output by 300,000 mt during April to September this year, the company said last Friday.This would be a 15% increase from the same period last year. For editorial queries, please contact Daisy Tseng at daisy@smm.cn For more information on how to access our research reports, please email service.en@smm.cnRead More
SHANGHAI, Apr 9 (SMM) –Copper: LME copper rebounded to a high of $6,870/mt last Friday due to a weaker US dollar. In the short term, the upward trend for copper prices will face resistance as a China-US trade war continues to brew. We see LME copper trading at $6,740-6,800/mt with the SHFE 1805 contract at 50,000-50,600 yuan/mt today. On the spot market, we see premiums slightly lower at 10-...Read More
SHANGHAI, Apr 9 (SMM) – This is a roundup of global macroeconomic news last week and what is expected today.Last weekThe US dollar closed at 90.12 on Friday April 6, up 0.25% over the week. LME metals fell across the board on Friday except for aluminium, which was up over 3% inventory dropped for the first time in over nine months. Copper edged down close to 1%. Zinc and tin fell over 1...Read More
Morgan Stanley's new price target is right in line with the broader opinion on Wall StreetGeneral Motors Company (NYSE:GM) shares have struggled in recent months because of President Trump's tough trade rhetoric with China, but Morgan Stanley thinks another one of the president's proposals could be bullish for the automaker. Specifically, the brokerage firm expects an uptick in pickup truck sales...Read More
(Kitco News) - Corporate-friendly government policies will lead to an upside surprise in first quarter earnings that will blow investors away, this according to Shark Tank star, Kevin O’Leary. The U.S. earnings season kicks off this Friday with three major banks, JPMorgan (NYSE: JPM), Citi Group (NYSE: C), and Wells Fargo (NYSE: WFC), on tap to release their corporate numbers. The biggest fa...Read More
April 9 (Reuters) - The Chicago Board Options Exchange published the top ten active equity options on Monday. The following are the most active calls and puts as of 04:30 p.m. EDT (2030 GMT):CBOE TOP TEN MOST ACTIVE CALLS - Equity OptionsRanking SymbolExpiry Date Strike PriceSeries Volume Last Sale Price Net Change------------------------------------------------------------------------------------...Read More
Auroch Minerals Limited (ASX:AOU) this morning informed the market that it has completed the acquisition of 90% of the Arden Zinc Project and 100% of the Bonaventura Zinc Project, both located in the world-class mining region of South Australia.The company can confirm the completion of the acquisitions following shareholder approval at a general meeting today. As reported by the company, the trans...Read More
Aluminium Live Call – Aluminium BUY Call 4de given at 137.65 (138.10 + 137.20 (07:27pm)) CMP 139.10. Total profit of 1.45 x 2 lot = 2.90 Points Profit4de : Free Mcx Aluminium Tips - Buy Aluminium at CMP 138.10 Add more at price 137.20 with SL below price 136.70 for Target 139.50 - 140.30. Trade 2 lotAFTER POST CONTENT Read More
Robert Walters Plc (LON:RWA) is the first recruiter to update the market with its first quarter trading statement due on Tuesday.It may well set the tone for the sector as it will be followed later in the week by PageGroup PLC (LON:PAGE) and Hays plc (LON: PLC (LON:HAS).In the fourth quarter, the company delivered 22% growth in net fee income across all its markets, including the UK.The group spec...Read More
SHANGHAI, Apr 9 (SMM) – This is a roundup of global macroeconomic news last week and what is expected today.Last weekThe US dollar closed at 90.12 on Friday April 6, up 0.25% over the week. LME metals fell across the board on Friday except for aluminium, which was up over 3% inventory dropped for the first time in over nine months. Copper edged down close to 1%. Zinc and tin fell over 1...Read More
SHANGHAI, Apr 9 (SMM) –Copper: LME copper rebounded to a high of $6,870/mt last Friday due to a weaker US dollar. In the short term, the upward trend for copper prices will face resistance as a China-US trade war continues to brew. We see LME copper trading at $6,740-6,800/mt with the SHFE 1805 contract at 50,000-50,600 yuan/mt today. On the spot market, we see premiums slightly lower at 10-...Read More
DB has replaced John Cryan, effective immediatelyDeutsche Bank AG (NYSE:DB) is up 2.3% to trade at $14.19 this morning, after the German lending giant appointed Christian Sewing as its new chief executive officer, replacing embattled CEO John Cryan, effective immediately. Morgan Stanley noted that the appointment of Sewing, who most recently served as co-deputy chief executive of the bank, signals...Read More
Click the following link to watch video: Source: Reuters InsiderDescription: Facebook Chief Executive Mark Zuckerberg meets with DemocraticSenator Bill Nelson on Capitol Hill a day before he is scheduled to testify toCongress. Rough Cut (no reporter narration)Short Link: Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The auth...Read More
(Kitco News) - Sentiment remains extremely volatile in the gold market as hedge funds liquidated most of their newly acquired bullish positions and added to their bearish bets, according to the latest trade data from the Commodity Futures Trading Commission.“Recently established gold longs got squeezed once again with quarter-end dollar demand and what turned out to be a temporary easing of...Read More