WASHINGTON (Reuters) - U.S. President Donald Trump on Thursday ordered the creation of a task force to study the U.S. Postal Service and its financial difficulties, after recently claiming without evidence that deliveries for Amazon.com Inc (AMZN.O) were costing the service money.The task force will look into the post office’s business model, similar to a commission set up by U.S. President...Read More

By William Wilkes BERLIN -- Rocketing demand and prices for lithium, coupled with China's stranglehold on supply, are reviving interest in mining Europe's reserves of the coveted metal some call white petroleum. Prices for lithium used in the batteries that power anything from mobile phones to Teslas more than doubled to $21,000 a ton in the past two years. Analysts expect the lithium-ion batter...Read More

Today Copper Online – BUY Copper at CMP 443.30 for Target 445.50 – 446.50 with SL below price 440.20. RISK taker trade 2 lotsAFTER POST CONTENT Read More

Zinc Commodity Calls – Zinc BUY Carry Call 598 given at price 202.30 (202.75+201.80) Almost near to Target 204.60. CMP 204.20. Total 1.9 x 2 = 3.80 Points Profit. RISK Taker hold for 204.80TIPS ID 598 : ZINC Call - BUY Zinc at CMP 202.75 Add more if price 201.80 for Target 204.60 with SL below price level 200.50 (MODIFIED) (CARRY CALL) AFTER POST CONTENT Read More

Billionaire Andrew Forrest is studying a proposed 1,500-mile (2,400-kilometer) transcontinental natural gas pipeline as part of his iron ore company's strategy to diversify and to boost Australia's power supply network.Fortescue Metals Group Ltd. confirmed it has undertaken work for a duct that would link the gas-rich state of Western Australia with fuel-strapped East Coast power markets where the...Read More

Billionaire Andrew Forrest is studying a proposed 1,500-mile (2,400-kilometer) transcontinental natural gas pipeline as part of his iron ore company's strategy to diversify and to boost Australia's power supply network.Fortescue Metals Group Ltd. confirmed it has undertaken work for a duct that would link the gas-rich state of Western Australia with fuel-strapped East Coast power markets where the...Read More

Mining Capital's Alastair Ford discusses lithium, copper and the  electric vehicle revolution.''It's an interesting dynamic, the lithium industry, on the one hand the price has been strong, it remains strong and we've seen a doubling in the price over the last 12 months and the price has tripled since 2015 ....but some pundits in the market are beginning to wonder how long this can last''.''A...Read More

(Kitco News) - Participantsin the Kitco News weekly gold survey look for gold to build upon this week’sgains, helped in large part by geopolitical tensions but also technical-chartsupport. Wall Street Bullish Bearish Neutral VSMain Street Bullish Bearish Neutral Gold surgedmidweek as the market factored in potential U.S. military action in Syria,before later pulling back...Read More

(Kitco News) - Participants in the Kitco News weekly gold survey look for gold to build upon this week’s gains, helped in large part by geopolitical tensions but also technical-chart support. Wall Street Bullish Bearish Neutral VS Main Street Bullish Bearish Neutral Gold surged midweek as the market factored in potential U.S. military action in Syria, before...Read More

NEW YORK (Reuters) - BlackRock Inc (BLK.N), the world’s largest asset manager, raised total compensation for chairman and chief executive officer Larry Fink by 8.9 percent in 2017, according to a filing on Friday.Fink was awarded $27.7 million in compensation last year, compared to $25.5 million in 2016, based on a calculation of his pay in line with U.S. Securities and Exchange Commission g...Read More

WASHINGTON (Reuters) - President Donald Trump denied allegations of lewd behavior made in an intelligence dossier and asked whether the FBI would consider proving it was a lie, former FBI Director James Comey wrote in an upcoming memoir, according to the Washington Post. Comey, fired by Trump in May 2017, wrote in “A Higher Loyalty: Truth, Lies and Leadership” that Trump raised t...Read More

(Bloomberg) - A former lobbyist for one of the largest U.S. coal mining companies won confirmation to be the Environmental Protection Agency's No. 2 official, putting him in position to take over the agency, at least temporarily, if embattled Administrator Scott Pruitt were to leave.Andrew Wheeler, a former Republican Senate staffer whose client list at lobbying firm Faegre Baker Daniels LLP incl...Read More

Today Zinc Cal – BUY Zinc at CMP 203.70 for TGT 204.5 – 205.20 with SL below price 202.40. RISK taker trade 2 lotsAFTER POST CONTENT Read More

(Bloomberg) - A former lobbyist for one of the largest U.S. coal mining companies won confirmation to be the Environmental Protection Agency's No. 2 official, putting him in position to take over the agency, at least temporarily, if embattled Administrator Scott Pruitt were to leave.Andrew Wheeler, a former Republican Senate staffer whose client list at lobbying firm Faegre Baker Daniels LLP incl...Read More

How to use this credit spread strategy to generate incomeOpposite of the short put spread, a short call spread is a neutral-to-bearish options strategy that is employed by traders who expect a stock to remain below a layer of resistance. This type of spread is also a lower-risk strategy, in comparison to selling a lone call; however, the maximum profit potential is relatively lower. As such, it's...Read More

Ontario is investing in 16 local breweries to help expand economic opportunity, increase tourism and create jobs across the North.Michael Gravelle, Minister of Northern Development and Mines, was joined by Bill Mauro, MPP for Thunder Bay-Atikokan today at the Sleeping Giant Brewing Company in Thunder Bay to make the announcement. The microbrewery received funding through the Northern Ontario Herit...Read More

Getty ImagesShoppers exit as a line forms outside the Fifth Ave. Abercrombie & Fitch store. The numbers: The University of Michigan's consumer sentiment index in April fell to a reading of 97.8, down from 101.4 in March. Economists polled by MarketWatch expected a reading of 101. The index of current economic conditions fell to 115 from 121.2, while the expectations index declined to 86.8 fr...Read More

Shares in Canada's Nemaska Lithium trading in Toronto jumped 4.7% at the open on Friday after the company inked a $150m streaming deal with private equity giant Orion Mine Finance.The streaming agreement - an upfront investment in exchange for a share of future production, usually at a steep discount - lifted the Quebec City-based company's market value to $412m.Nemaska is building the Whabouchi h...Read More

LONDON (Reuters) - Banks' metals-related revenues exceeded their earnings from the oil sector last year for the first time since 2014 as low and relatively stable crude prices discouraged hedging activity, but this is unlikely to be the start of a new trend.Banks' commodity revenue has been on a steady downward path in recent years as they have exited or slimmed down their commodity businesses due...Read More

(Bloomberg) - It's been an unprecedented week for aluminum.The U.S.'s decision to blacklist United Co. Rusal, the world's second-biggest aluminum maker, set off a rush to secure supply. Prices rose by a record this week, with ripple effects felt by car makers in Atlanta, Swiss commodity traders and processing plants in the Irish countryside."There's a scramble to replace Russian material with non...Read More