Morning Market Breakdown, April 11: Following a strong finish across the markets on Tuesday, the TSX saw more gains while Wall Street struggled.Read full newsRead More
Today Zinc Intraday – SELL Zinc at CMP 211.90 for Target 211 – 210.40 with SL Above price 213.10. Low risk taker trade mini lotsAFTER POST CONTENT Read More
Isabelle GerretsenLONDON (Thomson Reuters Foundation) - The world’s biggest mining companies must improve their human rights record and step up efforts to curb environmental damage, the Responsible Mining Foundation said in its first review of global mining practices.The Responsible Mining Index, launched in Geneva on Wednesday, assesses the policies and practices of 30 large companies that...Read More
Japanese machine maker Komatsu Ltd expects revenue growth from mining to slow as a surge in demand for equipment maintenance fades while miners remain wary of large new investments, an executive at the company said on Wednesday.Miners were forced to curb spending by a collapse in commodities prices in 2015-16, but a partial price recovery since then has eased the pressure.Pent-up demand for parts...Read More
FTSE 100 closes around 9 pts downTesco soarsUS benchmarks mixedUS inflation moves into negative territory in March FTSE 100 closed in the red as traders were put off shares due to tensions surrounding the US, Russia and Syria.President Trump earlier stoked the fire by suggesting that the US would consider air strikes in Syria and taunting Russia.He said, "You shouldn't be partners with a...Read More
Canada's Torex Gold Resources (TSX: TXG) announced that, following last week's negotiations that put an end to a five-month blockade at its El Lim??n-Guajes mine, today it received a notification stating that the union in conflict had withdrawn its case before Mexico's Federal Labour Board. Los Mineros Union, led by expat in Vancouver Napole??n G??mez Urrutia, had been fighting since November 3, 2...Read More
Canada's Torex Gold Resources (TSX: TXG) announced that, following last week's negotiations that put an end to a five-month blockade at its El Lim??n-Guajes mine, today it received a notification stating that the union in conflict had withdrawn its case before Mexico's Federal Labour Board. Los Mineros Union, led by expat in Vancouver Napole??n G??mez Urrutia, had been fighting since November 3, 2...Read More
Gold for June delivery climbed as much as 1.75 percent to $1,369.40 an ounce on the Comex in New York, its highest level since Aug. 5, 2016. The metal's price jumped markedly after President Trump warned Russia to "get ready" for a missile strike in Syria. Investors have been waiting for gold to break above its August 2016 highs around $1,377 an ounce, which would send the metal to levels not see...Read More
FB managed to finish the day higher on Zuckerberg's second day of testimonyPresident Donald Trump this morning warned Russia that U.S. missile strikes in Syria were imminent, sending stocks on a downward spiral out of the gate. While the S&P and Nasdaq briefly broke north of breakeven, all three indexes ended lower. On the other hand, increasing tensions in the Middle East sent oil prices to a thr...Read More
Komet Resources Inc. is delighted to have generated record gold sales of CA$1,354,000 in the first quarter of 2018, with a production cash cost of CA$1,038,000 for 27.5 kilos of gold from the Guiro mine located in Burkina Faso.Read full newsRead More
A new report issued by Rapaport reveals that diamond prices stabilized in March."The RapNet Diamond Index (RAPI?,,?) for 1-carat diamonds slid 0.1% in March. RAPI for 0.30-carat stones went up 0.4%, while RAPI for 0.50-carat grew 1.1%. RAPI for 3-carat diamonds declined 0.4% during the month. RAPI for 1-carat stones rose 2.8% during the first quarter," the document reads.The RAPI is the average as...Read More
A new report issued by Rapaport reveals that diamond prices stabilized in March."The RapNet Diamond Index (RAPI?,,?) for 1-carat diamonds slid 0.1% in March. RAPI for 0.30-carat stones went up 0.4%, while RAPI for 0.50-carat grew 1.1%. RAPI for 3-carat diamonds declined 0.4% during the month. RAPI for 1-carat stones rose 2.8% during the first quarter," the document reads.The RAPI is the average as...Read More
(Kitco News) - Kitco aficionados, it isnow time to have your say in where you think gold prices are heading in theshort-term.Will gold prices go higher, lower or remain unchanged nextweek? Kitco readers will have until 9 a.m. EDT, Friday to cast their vote. The results will be tabulated and released after noon (12PM EDT) along with the results fromour market professional survey.Readers can also se...Read More
(Kitco News) - Kitco aficionados, it is now time to have your say in where you think gold prices are heading in the short-term.Will gold prices go higher, lower or remain unchanged next week? Kitco readers will have until 9 a.m. EDT, Friday to cast their vote. The results will be tabulated and released after noon (12 PM EDT) along with the results from our market professional survey.Readers can al...Read More
WASHINGTON (Reuters) - The U.S. Justice Department called an economist on Wednesday to testify that allowing AT&T (T.N) to purchase movie and TV production company Time Warner (TWX.N) would cost consumers hundreds of millions of dollars, as the government wrapped up its efforts to convince a judge to stop the proposed deal.Carl Shapiro, an economics professor at the University of California at...Read More
Genervon Biopharmaceuticals COO Dorothy Ko tells Proactive Investors the company is gearing up for the PhysChem Forum in Basel, Switzerland, on April 17.Ko says there has been a lack of methodology to test peptide drugs, however, scientific consultant Dr. Klara Volke will be presenting at the forum how she developed a new HPLC testing method on behalf of Genervon. Meet 360 Blockchain Inc and...Read More
(Reuters) - As Republicans take control of the U.S. agency that enforces federal labor law, unions are bracing for decisions that could make it harder for them to solicit support and boost their ranks by limiting their ability to contact workers.The Republican-led U.S. Senate voted along party lines on Wednesday to confirm John Ring, a management-side labor lawyer nominated by President Donald Tru...Read More
Francois Martelet, chief executive of Netscientific PLC (LON:NCSI), caught up with Proactive's Andrew Scott following the close of their ?5mln fundraise.Netscientific has a core portfolio of five companies and will use the additional funding to accelerate either the float or sale of one or more of these. Meet 360 Blockchain Inc and Alterola Biotech, Inc at our event,New York, 18 April 2018....Read More
The mining industry is still far from its all-time highs, but PDAC President Glenn Mullan says it's in much better shape than it was a few years ago.Read full newsRead More
(Reuters) - Retailer Toys ‘R’ Us has received multiple bids of more than $1 billion for an 85 percent stake in its Asian business as the bankrupt company moves ahead with plans to sell some non-U.S. operations, its lawyer Joshua Sussberg said on Wednesday.Toys ‘R’ Us, once the largest U.S. toy retailer, abandoned last month a plan to emerge from U.S. Chapter 11 as a slimmer...Read More