The government of new Peruvian President Martin Vizcarra said on Wednesday it would not "impose" mining projects on nearby communities that object to them, but would seek to promote mining investments to take advantage of improved mineral prices.In the past decade, Southern Copper Corp and Newmont Mining Corp have shelved proposed mines in Peru because of opposition from communities worried about...Read More
The government of new Peruvian President Martin Vizcarra said on Wednesday it would not "impose" mining projects on nearby communities that object to them, but would seek to promote mining investments to take advantage of improved mineral prices.In the past decade, Southern Copper Corp and Newmont Mining Corp have shelved proposed mines in Peru because of opposition from communities worried about...Read More
The government of new Peruvian President Martin Vizcarra said on Wednesday it would not "impose" mining projects on nearby communities that object to them, but would seek to promote mining investments to take advantage of improved mineral prices.In the past decade, Southern Copper Corp and Newmont Mining Corp have shelved proposed mines in Peru because of opposition from communities worried about...Read More
Tom Becker, chief executive of Iofina plc (LON:IOF) tells Proactive Investors they maintained iodine production in the latest quarter even with an exceptionally bad US winter and less plants in operation.Two of the plants (IO#3 and IO#5) were offline at the start of the quarter, while parts of the US were hit by one of the coldest winters in living memory.Even so, the group produced 118.2metric to...Read More
Graham Lumsden, chief executive of Motif Bio Plc (LON:MTFB), caught up with Proactive's Andrew Scott as the drug developer gears up for the commercial launch of its next-generation antibiotic.Motif has successfully concluded a second phase III clinical trial on its lead drug, iclaprim and is preparing for regulatory sign-off in America and Europe.It's initiated a rolling submission to the US Food...Read More
(Kitco News) - Even with Wednesday’s silver rally, the precious metal is still significantly undervalued, said Goldmoney. But, all of that is about to change, with a more than 30% jump in prices coming our way.“Silver prices are trading almost 25% below the values predicted by our price model,” Goldmoney’s VP and lead researcher Stefan Wieler said in a report published on W...Read More
(Kitco News) - Even with Wednesday’s silver rally, the precious metal is still significantly undervalued, said Goldmoney. But, all of that is about to change, with a more than 30% jump in prices coming our way.“Silver prices are trading almost 25% below the values predicted by our price model,” Goldmoney’s VP and lead researcher Stefan Wieler said in a report published on W...Read More
ROME (Reuters) - The anti-establishment 5-Star Movement on Wednesday challenged the far-right League to abandon its electoral allies by the end of this week and form a joint government, as talks to end Italy’s post-election deadlock floundered.The call from 5-Star leader Luigi Di Maio came after President Sergio Mattarella asked the head of the upper house Senate to meet bickering party lead...Read More
NEW YORK (Reuters) - Oil futures jumped nearly 3 percent on Wednesday on a decline in U.S. crude inventories and after sources signaled top exporter Saudi Arabia wants to see the crude price closer to $100 a barrel.OPEC’s new price hawk Saudi Arabia would be happy for crude to rise to $80 or even $100, three industry sources said, a sign Riyadh will seek no changes to a supply-cutting deal e...Read More
NEW YORK (Reuters) - Oil futures jumped nearly 3 percent on Wednesday on a decline in U.S. crude inventories and after sources signaled top exporter Saudi Arabia wants to see the crude price closer to $100 a barrel.OPEC’s new price hawk Saudi Arabia would be happy for crude to rise to $80 or even $100, three industry sources said, a sign Riyadh will seek no changes to a supply-cutting deal e...Read More
The semiconductor stock is still up 58% year-over-yearThe Dow is has erased its earlier gains, as IBM shares sell off on a negative earnings reaction. Among other individual names making big moves on the charts are semiconductor equipment makers Lam Research Corporation (NASDAQ:LRCX) and Applied Materials, Inc. (NASDAQ:AMAT), as well as network equipment specialist Juniper Networks, Inc. (NASDAQ:J...Read More
Oilfield services and equipment provider Enteq Upstream plc (LON:NTQ) was the top riser in London on Wednesday afternoon after telling investors full-year revenues and profits will be "significantly ahead" of expectations.The company pointed to the turnaround in the oil sector as the main reason for the outperformance, with the number of drilling rigs in North America steadily rising over the past...Read More
Nickel Carry Call – SELL Nickel at CMP 964 Add more at price 970 with SL Above 975.50 for Target 954 – 946AFTER POST CONTENT Read More
Ether Capital Corp. announced Wednesday that is has completed its reverse-takeover of Ethereum Capital Inc. and after de-listing its shares, will begin trading on the NEO Exchange Thursday, April 19th, 2018.That day, Ether Capital will invest the majority of its funds (80-90%) to Ethereum's Ether ...Read full newsRead More
SPWR calls have been popular in recent weeksShares of SunPower Corporation (NASDAQ:SPWR) are soaring today, up 10.2% at $9.20, thanks to news the alternative energy company is buying the U.S. business of Germany-based SolarWorld AG -- a move likely sparked by President Trump's tariffs on solar panels. The jump in share price -- which may also be fueled by a First Solar bull note -- puts SPWR share...Read More
Aluminium Tips – SELL Aluminium call 619 given at price 161.40 Triggered SL at price 162.50. Total 1.10 Points SL hit619 : Aluminium Intraday Call - SELL Aluminium at CMP 161.40 for Target 160.20 - 159.70 with SL Above price 162.50AFTER POST CONTENT Read More
THE HAGUE/BEIRUT (Reuters) - A U.N. security team came under fire in Syria while doing reconnaissance for inspectors to visit sites of a suspected chemical weapons attack, and officials said it was no longer clear when the inspectors would be able to go in.The inspectors from the Organisation for the Prohibition of Chemical Weapons are in Syria to investigate an April 7 incident in which Western c...Read More
"Incredible day for #nickel price, up ~8%. Fundamentals very positive in the short, medium and long-term.Read full newsRead More
WASHINGTON (Reuters) - U.S. President Donald Trump on Wednesday said he did not fire James Comey “because of the phony Russia investigation,” contradicting his 2017 statement that he ousted the FBI director last year over the probe.“Both of those things can’t be true,” Comey said in response when asked about the president’s comments on ABC, adding that he still...Read More
Gold futures notched their highest finish in a week on Wednesday, but maintained the tight trading range seen over the last several sessions, as U.S. stocks struggled to hold gains and the dollar stabilized. Prices for the metal saw little action in electronic trading immediately after the release of the Federal Reserve's Beige Book. The snapshot of domestic economic activity shows growth at a "m...Read More