Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average and S&P 500 fell Wednesday for the second time in the past seven trading sessions.Leading the Dow lower were DowDuPont Inc. (DWDP) , UnitedHealth Group Inc. (UNH) and Verizon Communications Inc. (VZ) .Facebook Inc. (FB) CEO Mark Zuckerberg appeared before a House committee for a second day of te...Read More
Here Are 4 Hot Things to Know About Stocks Right Now Dow Jones futures point to a 281 point drop when markets open. S&P 500 mini futures were down 1.04% and Nasdaq futures were off 1.05%.Action Alerts PLUS holding Facebook (FB) shares are down 1% in premarket trading ahead of CEO Mark Zuckerberg's second round of in front of U.S. lawmakers. Shares gained 4.5% while he testified in front...Read More
Among the highlights, it intersected 126.5m at 1.18g/t gold, plus 132.6m at 0.63g/t gold including 16.8m at 1.58g/t."These results … outperform what was predicted in the resource block model by extending gold mineralisation below the current resource model and to the west of the Ridgeline fault," the company said.It has an US$25.8 million exploration and development programme underway...Read More
(Bloomberg) -- Aluminum approached a six-year high after top exchanges said they’ll stop accepting metal from United Co. Rusal, increasing concerns about how the market will replace supplies from the Russian smelting giant hobbled by U.S. sanctions.The metal advanced as much as 3.5 percent on Wednesday to $2,277.50 a metric ton on the London Metal Exchange. That was just $13 away from the pe...Read More
Investing.com - Gold was higher on Wednesday, as the possibility of a U.S. military strike in Syria drove investors to the risk adverse precious metal.U.S. President Donald Trump canceled a trip to Latin America on Tuesday to focus on a response to a suspected chemical weapons attack in Syria, the White House said. Trump said he will respond to the attacks this week, once it was established who wa...Read More
(Bloomberg) -- Aluminum headed for the highest close since January, extending its hottest three-day streak since 2009, after top exchanges said they’ll stop accepting metal from United Co. Rusal (HK:0486), deepening supply fears after the U.S. slapped sanctions on the Russian group.The metal advanced 1.4 percent to $2,231 a metric ton on the London Metal Exchange by 2:56 p.m. in Shanghai. Th...Read More
(Adds comments from Vedanta, background, shares)April 11 (Reuters) - Vedanta Resources Plc VED.L said on Wednesday its plans for capacity expansion at the Thootukudi copper smelting plant in southern India were on track, a day after its application to renew operations was rejected by the state pollution regulator.Billionaire Anil Agarwal-controlled Vedanta said on Tuesday its application for ren...Read More
Speaking at the World Copper Conference in Santiago, Chile, the executive said the company planned to begin construction of a new concentrator plant at the Mantoverde mine early next year once it had raised finance.Read More
April 11 (Reuters) - Vedanta Resources Plc VED.L said on Wednesday its plans for capacity expansion at the Thootukudi copper smelting plant in southern India were on track, a day after its application to renew operations was rejected by the state pollution regulator.Vedanta said on Tuesday its application for renewal of consent to operate its copper smelting plant, one of India's biggest, in the...Read More
Jadish Laddhra, CEO of Birla Copper, said accessing clean concentrates was one of the main challenges facing India's copper smelting industry.Read More
The latest news and price moves to start the Asian day on Thursday April 12.Aluminium continued to rally on the London Metal Exchange at the close of trading on Wednesday April 11, recording its highest close since January 2. Read more in our live futures report.Here are how prices looked at Wednesday's close:Brazil's aluminium industry will ask the government to increase volumes&nb...Read More
Rhetoric between the U.S. and Russia ahead of a possible confrontation in Syria has precious metals and relative securities getting a bid.There are various ways to play or to hedge against the event for various scenarios and according to investor risk tolerance.I believe the safest bet today is the SPDR Gold Trust, as it should benefit from fear but not cost us too much if rhetoric fails to materi...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Will PurcellThe diamond and specialty minerals stocks box score for Wednesday was a ho-hum 80-89-125. The TSX Venture Exchange gained one point to 777 while polished diamond prices edged higher. Paul Brockington's sleepy Margaret Lake Diamonds Inc. (DIA) up one c...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business Reporter The TSX Venture Exchange gained 1.57 points to 777.71 Wednesday. David Mitchell's sixth capital pool shell, MJ Opportunity Corp. (MJC: halted), plans to acquire Lift Co. Ltd. (formerly Lift Cannabis Co. Ltd.) for the shell's qualifyin...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterNew York spot gold jumped $13.70 to $1,352.80 on Wednesday. The TSX Venture Exchange rose 1.57 points to 777.71 while the TSX Gold Index rose 4.03 points to 188.56. Canadian gold miners were strong today. Fred Stanford's Torex Gold Res...Read More
Investing.com - Gold prices pushed higher on Wednesday as a combination of concerns over ongoing trade tensions between the U.S. and China and the prospect of a U.S. military strike in Syria bolstered safe haven demand for the precious metal.Gold futures for June delivery on the Comex division of the New York Mercantile Exchange were up $1.7 or 0.13% to $1,347.60 a troy ounce by 04:21 AM ET (08:21...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business Reporter West Texas Intermediate crude for May delivery gained $1.31 to $66.82 on the New York Merc, while Brent for June gained $1.02 to $72.06 (all figures in this para U.S.). Western Canadian Select traded at a discount of $16.80 to WTI ($5...Read More
GLD is in the early stages of a bull market and has gained about 27% since bottoming in 2015, roughly as much as the S&P 500 in that time.The inflation picture is still good and is likely to get even better for gold.The gold to silver ratio is above 80, an extreme level that has preceded prior rallies in gold.Why you'll want to own gold when this breakout happens. Source: HDWallSource.com...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Mike CaswellXimen Mining Corp. has fended off a shareholder oppression action brought in the Supreme Court of British Columbia by dissident Robert Allan Slaughter and others. A judge has ruled that there were no irregularities with the way the company issued shar...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Mike CaswellSwisher Hygiene Inc.'s former chief financial officer, Michael Kipp, has received 4-1/2 years in jail for an accounting fraud that led to the demise of the onetime Toronto Stock Exchange listing. He received the sentence in an appearance on Tuesday, A...Read More