VETAS, Colombia April 10 (Reuters) - Jose Alberto Gamboa, whose smile flashes the gold he has spent his life digging from Colombia's frosty Andean mountains, says he will do whatever it takes to protect his town's only industry: mining."We would get guns and go to war," the grizzled 67-year-old miner said during his break at the Queen of Gold mine, near Vetas, on the steep slopes of Santander prov...Read More
Michael Masterman, chairman at W Resources PLC (LON:WRES), updates Proactive Investors on developments with their flagship La Parrilla tungsten mine in Spain.Masterman also discusses last week's ?1.5mln raise aimed at accelerating development of their Portuguese projects. Meet360 Blockchain Inc at our event,New York, 18 April 2018.Register here >>Read More
By Scott Patterson and Oliver Griffin Glencore PLC Chief Executive Ivan Glasenberg has resigned as a director of United Co. Rusal PLC, as fresh U.S. sanctions against Russia ensnarl one of the world's largest multinationals. The Swiss commodities giant said Tuesday it was committed to complying with all sanctions and taking steps to mitigate risks to its business. Its moves come after aluminum p...Read More
Put options have become quite popular with BBBYEarnings season is ready to start back up, and retail name Bed Bath & Beyond Inc (NASDAQ:BBBY) will get the ball rolling this week, as it's scheduled to fiscal fourth-quarter earnings after the close tomorrow. If past is precedent, though, BBBY stock could be headed for a volatile post-earnings move. BBBY stock has had a double-digit negative earnin...Read More
Can stocks avoid another late-day slide?The Dow Jones Industrial Average (DJI) is extending its early gains, as investors continue to cheer Chinese President Xi Jinping's call for free trade. A sharp rise in shares of potential tariff targets Caterpillar (CAT) and Boeing (BA) has the blue-chip index up over 350 points at last check. However, almost all sectors are joining in on the rally, with ene...Read More
Copper demand will surpass supply earlier than expected, with the first clear signs coming as early as next year, experts attending the 17th World's Copper Conference being held this week in Santiago, Chile, said.According to Arnaud Soirat, chef executive for copper and diamonds at Rio Tinto, increased consumption from new technologies, including electric vehicles, will drive demand for the meta...Read More
Copper demand will surpass supply earlier than expected, with the first clear signs coming as early as next year, experts attending the 17th World's Copper Conference being held this week in Santiago, Chile, said.According to Arnaud Soirat, chef executive for copper and diamonds at Rio Tinto, increased consumption from new technologies, including electric vehicles, will drive demand for the meta...Read More
Copper demand will surpass supply earlier than expected, with the first clear signs coming as early as next year, experts attending the 17th World's Copper Conference being held this week in Santiago, Chile, said.According to Arnaud Soirat, chef executive for copper and diamonds at Rio Tinto, increased consumption from new technologies, including electric vehicles, will drive demand for the meta...Read More
SANTIAGO, April 10 (Reuters) - Chilean miner Mantos Copper will go ahead with expansions at two existing copper mines beginning later this year in an effort to grow ahead of rising costs, Chief Executive John Mackenzie told Reuters on Tuesday.Mantos Copper, which in 2015 bought the Mantos Blancos and Mantoverde copper mines from global miner Anglo American , obtained environmental permits for the...Read More
SANTIAGO, April 10 (Reuters) - Chilean miner Collahuasi said on Tuesday it expected to slash production costs to under $1 per pound of copper this year as it makes use of new technology and optimizes its operations.Collahuasi, owned by Anglo American Plc and Glencore Plc, is located in northern Chile and is among the world's largest copper mines."We've decreased our costs to $1.14 (per pound), and...Read More
(Reuters) - Boeing Co’s (BA.N) aircraft deliveries rose about 9 percent year-over-year in the first quarter as the world’s biggest planemaker benefited from higher demand for its best-selling single-aisle 737 jetliners.Chicago-based Boeing delivered 184 commercial aircraft in the quarter ended March, it said on Tuesday.Boeing booked 221 net new aircraft orders in the first quarter, wel...Read More
Mcx Lead Tips – BUY Lead at CMP 155.80 for Target 156.70 – 157.30 with SL below price 154.70. RISK Taker trade 2 lotsAFTER POST CONTENT Read More
Speculators are targeting calls in the weekly 4/13 seriesShares of Nvidia Corporation (NASDAQ:NVDA) are up 5.6% to trade at $227.36, after Morgan Stanley upgraded the chip stock to "overweight" from "equal weight. The brokerage firm -- which also chimed in on Netflix (NFLX) -- said the stock's recent pullback could be a buying opportunity and that gaming growth will likely offset declining cryptoc...Read More
DUBAI/SYDNEY (Reuters) - In Dubai’s decades-old Gold Souk, customers from around the world haggle over bangles and necklaces. Elsewhere in the emirate, the region’s top center for gold trade, bullion is playing a new role in financial engineering.A local start-up company founded last year, OneGram, is issuing a gold-backed cryptocurrency - part of efforts to convince Muslims that inves...Read More
OTTAWA (Reuters) - Prime Minister Justin Trudeau will meet on Tuesday with his cabinet ministers to discuss Kinder Morgan Canada Ltd’s (KML.TO) threat to walk away from a troubled pipeline expansion as various levels of government signal interest in spending public funds to ensure the project proceeds.The company, losing patience with moves by politicians and activists to block plans to almo...Read More
April 10 (Reuters) - Rio Tinto Plc is reviewing its dealings with Russian aluminum producer United Co Rusal to ensure compliance with U.S. sanctions, a top executive said on Tuesday, but added it was too soon to discuss the future of its Australian venture with Rusal."We are reviewing in detail all our trading relationships with Rusal and other counterparties and we will obviously do what we have...Read More
WASHINGTON (Reuters) - U.S. President Donald Trump’s homeland security adviser, Tom Bossert, has resigned, the president’s spokeswoman said on Tuesday, in the latest departure from the White House of a senior adviser.An administration official said Bossert, a former deputy national security adviser to President George W. Bush, had left at the request of Trump’s new national secur...Read More
HONG KONG/SINGAPORE (Reuters) - China’s Ant Financial Services Group is in talks with investors to boost its fundraising target to at least $8 billion, which could see its valuation more than doubling to about $150 billion over the past two years, people with knowledge of the plan said.Singapore state investor Temasek Holdings [TEM.UL] is likely to be the lead investor in the latest round of...Read More
(Bloomberg) - Vanadium needs Elon Musk or another big player in the global battery market to get behind the metal in order to share center stage with other energy-storage components such as lithium and cobalt."When we get that moment, we're off to the races," Vincent Algar, managing director of Australian Vanadium Ltd., said in an interview at a mining conference in Hong Kong. The industry needs...Read More
WASHINGTON (Reuters) - U.S. President Donald Trump reprised his angry attacks on law enforcement on Tuesday following FBI raids targeting his personal lawyer that were related to a federal investigation into possible collusion by Trump campaign aides with Moscow.In two brief Twitter messages, Trump lamented that “attorney-client privilege is dead,” and denounced a “total witch hu...Read More