JAKARTA/TORONTO, July 12 (Reuters) - Freeport-McMoRan Inc said on Thursday it will sell a majority stake in the world's second-biggest copper mine to the Indonesian government, seemingly ending a long-running dispute via a series of complex deals worth $3.85 billion.The agreement, which could still collapse, will see Freeport give up majority control but remain the operator of the Grasberg mine, l...Read More

Mr. Yannis Tsitos reportsGOLDSOURCE REPORTS HIGH-GRADE RESULTS FROM SALBORA AND INITIAL RESULTS FROM BISHOP GROWLER; 2.0 METRES GRADING 87.51 G/T AUGoldsource Mines Inc. has released additional results from the continuing exploration program at the Salbora target and initial results for the Bishop Growler target at its Eagle Mountain gold project in Guyana. The company has received assay results f...Read More

Mr. Yannis Tsitos reportsGOLDSOURCE REPORTS HIGH-GRADE RESULTS FROM SALBORA AND INITIAL RESULTS FROM BISHOP GROWLER; 2.0 METRES GRADING 87.51 G/T AUGoldsource Mines Inc. has released additional results from the continuing exploration program at the Salbora target and initial results for the Bishop Growler target at its Eagle Mountain gold project in Guyana. The company has received assay results f...Read More

"We are pleased to announce @ProudfootMCG are a platinum partner for Future of Mining Americas taking place in Denver October 29-30. Find out more about their #DigitalTransformation #operationaltransformation solutions #futureofmining #FOMAmericas https://t.co/nce1P9i6Bm"Read full newsRead More

AAL stock was trading near familiar resistance in mid-JuneSubscribers to Schaeffer's Players service recently banked a big profit with American Airlines Group Inc (NASDAQ:AAL) July 44 put. We're going to take a look back to see why we were initially bearish on AAL when we recommended the put, and how the successful options trade unfolded.At the time of our put recommendation on Tuesday, June, 12,...Read More

Options volume on the FAANG stock is in the 99th annual percentileWith Amazon.com, Inc.'s (NASDAQ:AMZN) highly anticipated annual Prime Day slated for Monday,shares of the e-tailer have been on the move. In fact, just today the stock surged to a fresh record high of $1,798 after Canaccord Genuity hiked its price target to $2,000 from $1,800 -- representing a nearly 14% upside to last night's clos...Read More

BRUSSELS (Reuters) - Bulgaria should send a request soon to join the banking union, a preliminary step before euro membership, and the assessment of its progress could take more than one year, European Central bank board member Benoit Coeure said on Thursday.A request to join the banking union “should be sent within days to the European Central Bank,” Coeure told a news conference afte...Read More

(Reuters) - A top Federal Reserve official said on Thursday that a faster rate of inflation would convince him to back two more interest-rate hikes this year, but there is no reason to jump to that conclusion in part because of the risk of inverting the U.S. Treasury yield curve.The Fed has already hiked rates twice in 2018 and a third is widely expected. “I am open to a fourth increase this...Read More

AVGO options volume is nearly double the former 52-week highThe tech sector is spearheading a major rally in U.S. stocks. Three names making notable moves are chip giant Broadcom Inc (NASDAQ:AVGO), women's apparel retailer Cato Corp (NYSE:CATO), and biotech Zogenix, Inc. (NASDAQ:ZGNX). Below, we'll take a closer look at what's moving shares of AVGO, CATO, and ZGNX. Analysts Bash Broadcom Purchase...Read More

(Reuters) - A top Federal Reserve official said on Thursday that a faster rate of inflation would convince him to back two more interest-rate hikes this year, but there is no reason to jump to that conclusion in part because of the risk of inverting the U.S. Treasury yield curve.The Fed has already hiked rates twice in 2018 and a third is widely expected. “I am open to a fourth increase this...Read More

(Kitco News)- Although gold is struggling to attract investors, it isstill an excellent alternative in a portfolio as it is only a matter of timebefore inflation picks up, according to one fund manager.In a phone interview with Kitco News, Axel Merk,president and chief investment officer of Merk Investments said that he stilllikes gold in this environment since he doesn’t expect to see a sig...Read More

MADRID (Reuters) - Spain has raised its target for the public deficit to 2.7 percent of economic output this year from a previous 2.2 percent, Economy Minister Nadia Calvino said on Thursday.Speaking at a news conference in Brussels, Calvino said Madrid was also now aiming for a ratio of 1.8 percent in 2019, compared with a previous target of 1.3 percent.The new targets were later confirmed by a s...Read More

Tips for nickel – BUY Nickel at CMP 977.1 for Target 984 – 990 with SMALL SL 969 Read More

WASHINGTON (Reuters) - Kim Jong Un told President Donald Trump he believed their efforts could open up a “new future” between North Korea and the United States and expressed hope for “practical actions” in the future, according to a letter from the North Korean leader released on Thursday.But Kim, in the note posted by Trump on Twitter, made no mention of any work by North...Read More

Today ZInc – Zinc Carry BUY Call b95 given at price 175.50 CMP 177.40. Low risk taker book 1.9 Points per lot / Rs 9500 per lotb95 : Mcx Zinc Carry Call - BUY Zinc at CMP 175.50 Add more at price 174 with SL 173 for Target 178 - 179.20 Read More

NEW YORK (Reuters) - Not long ago the Federal Reserve expected to quietly shed nearly half of its $4.5-trillion portfolio by around 2022, leaving little trace of the extraordinary steps it took to face down the financial crisis. But an unexpected market kink could force the Fed to scrap the plan two or three years early and permanently leave it holding $1 trillion more than it wanted.The U.S. cent...Read More

WASHINGTON (Reuters) - Republican and Democratic U.S. senators blasted Trump administration trade policy on Thursday and vowed to press ahead with legislation to give Congress a say in decisions to impose tariffs on national security grounds.Prompting criticism from many of his fellow Republicans and business groups as well as Democrats, Trump has imposed levies on imports of steel and aluminum fr...Read More

Velocity Minerals Ltd. (TSXV:VLC) ("Velocity" or the "Company") announces that the previously announced shares for services arrangement (the "Arrangement") with GEOPS - Bolkan Drilling Services Ltd. (theRead full newsRead More

Gold prices ended higher Thursday, finding some support a day after a fresh round of global trade-war worries buoyed the dollar and sent the yellow metal to a more than one-week low. August gold GCQ8, -0.39% tacked on $2.20, or 0.2%, to settle at $1,246.60 an ounce. It lost 0.9% on Wednesday, marking its lowest settlement since July 2 for a most-active contract. A popular fund tracking gold, the...Read More

Cantor Fitzgerald has high hopes for the company's AramcholThe shares of Galmed Pharmaceuticals Ltd (NASDAQ:GLMD) -- a company focused on treating liver diseases, including Non-Alcoholic Steatohepatitis (NASH) -- are skyrocketing today, thanks to some very bullish analyst attention. Specifically, Cantor Fitzgerald launched coverage on GLMD with an "overweight" rating and a whopping $59 price targe...Read More