VANCOUVER, British Columbia, May 14, 2018 (GLOBE NEWSWIRE) - ALX Uranium Corp. (TSXV:AL) (FSE:6LLN) (OTC:ALXEF) ("ALX" or the "Company") is pleased to announce the initial results of its inaugural diamond drilling program at the Newnham Lake Uranium Project ("Newnham Lake", or the "Project") located in the northeastern Athabasca Basin of northern Saskatchewan, approximately 75 kilometres east...Read More

Amazon stock is trading higher after the bull noteAmazon.com, Inc. (NASDAQ:AMZN) stock is up 0.3% to trade at $1,607.52 this morning, after receiving some bullish analyst attention from J.P. Morgan Securities. Although no price-target hike or upgrade was given, the brokerage valued Amazon's Prime subscription service at $785 per year, nearly seven times its annual cost -- and more than 44% mo...Read More

(Bloomberg) - Alrosa PJSC, the world's largest diamond miner by output, is increasing its marketing efforts and targeting new opportunities in gem cutting at a time when the market is showing signs of starting to stabilize.The Russian firm, which typically hasn't promoted stones outside Russia, last year contributed $25 million to the Diamond Producers Association for marketing and may increase s...Read More

Trump suggested Washington and Beijing should work together to support embattled ZTEOptical component stocks are rallying today, after President Donald Trump signaled support for embattled Shenzhen-based tech firm ZTE. Trump tweeted that he and Chinese President Xi Jinping are "working together to give massive Chinese phone company, ZTE, a way to get back into business, fast." In mid-April, the Co...Read More

(Kitco News)- Largespeculators upped their net bullish positioning in gold futures while trimmingtheir bearish posture in silver during the most recent reporting week for datacompiled by the Commodity Futures Trading Commission.“Goldand silver put up a fight against the stronger dollar, with both managing tohold onto key support at $1,300/oz and $16/oz, respectively,” said OleHansen, h...Read More

(Kitco News) - Large speculators upped their net bullish positioning in gold futures while trimming their bearish posture in silver during the most recent reporting week for data compiled by the Commodity Futures Trading Commission.“Gold and silver put up a fight against the stronger dollar, with both managing to hold onto key support at $1,300/oz and $16/oz, respectively,” said Ole Ha...Read More

(Bloomberg) - The battle for some of Russia's richest gold mines has an unusual cast of characters: the scion of one of Europe's great banking families, a Kazakh tycoon with his own cryptocurrency, hedge fund D.E. Shaw, and mystery shareholders.They're all part of a new fight for control over Petropavlovsk Plc, a London-listed miner. For the second time in a year, the company is in the middle of...Read More

(Bloomberg) - The battle for some of Russia's richest gold mines has an unusual cast of characters: the scion of one of Europe's great banking families, a Kazakh tycoon with his own cryptocurrency, hedge fund D.E. Shaw, and mystery shareholders.They're all part of a new fight for control over Petropavlovsk Plc, a London-listed miner. For the second time in a year, the company is in the middle of...Read More

The drilling program will follow up on the recently discovered "West Zone" and target additional potential discoveries at Copper KingELKO, Nev., May 14, 2018 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU), a gold exploration and development company, is pleased to announce the forthcoming Copper King drilling program for 2018. This program, comprised of two phases, will begin with an initial ph...Read More

The drilling program will follow up on the recently discovered "West Zone" and target additional potential discoveries at Copper KingELKO, Nev., May 14, 2018 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU), a gold exploration and development company, is pleased to announce the forthcoming Copper King drilling program for 2018. This program, comprised of two phases, will begin with an initial ph...Read More

(Reuters) - U.S. stock indexes opened higher on Monday on signs of easing U.S.-China trade tensions after President Donald Trump softened his stance on ZTE Corp, pledging to help the Chinese technology company "get back into business, fast".The Dow Jones Industrial Average .DJI rose 48.20 points, or 0.19 percent, at the open to 24,879.37. The S&P 500 .SPX opened higher by 5.65 points...Read More

LONDON/JOHANNESBURG, May 14 (Reuters) - Lonmin narrowed its first-half operating loss and set out plans to cut spending as the platinum miner tries to keep a takeover by Sibanye-Stillwater on track by conserving cash.The proposed deal with precious metals producer Sibanye-Stillwater, vital to Lonmin's survival, is conditional upon Lonmin retaining a positive cash balance by the time it is schedule...Read More

Ford was forced to temporarily lay off thousands of workers after a fireShares of auto manufacturer Ford Motor Company (NYSE:F) are higher in early trading, thanks to news reports from over the weekend that the company could resume production on the F-150 pick-up series by this Friday, following a recent fire at a parts factory. The fire caused more than 7,600 workers to be temporarily laid off,...Read More

NEW YORK/TOKYO (Reuters) - Xerox Corp (XRX.N) has scrapped a planned $6.1 billion deal with Fujifilm Holdings Corp (4901.T) in a settlement with activist investors Carl Icahn and Darwin Deason that also hands control of the U.S. photocopier giant to new management.The victory for the billionaire investors puts the Japanese company further on the back foot in any new negotiations with Xerox, althou...Read More

DETROIT (Reuters) - Trump administration demands in NAFTA trade negotiations meant to push auto jobs back to the United States may not be enough to spark a shift in where automakers build cars and trucks.New math to determine what qualifies as vehicle content, what limits apply to allow tariff-free auto imports and how long companies would have to comply under a new NAFTA agreement will likely not...Read More

GAZA BORDER (Reuters) - Israeli forces killed at least 28 Palestinians along the Gaza border on Monday, health officials said, as demonstrators streamed to the frontier on the day the United States prepared to open its embassy in Jerusalem.It was the highest Palestinian single-day death toll since a series of protests dubbed the "Great March of Return" began at the border with Israel on...Read More

JERUSALEM (Reuters) - The United States officially opened its embassy to Israel in Jerusalem on Monday, fulfilling a pledge by President Donald Trump who has recognized the holy city as the Israeli capital."Today we open the United States embassy in Jerusalem, Israel," U.S. ambassador to Israel David Friedman said at the beginning of the inaugural ceremony, attended by a U.S. delegation...Read More

LONDON (Reuters) - Oil prices steadied below 3-1/2 year highs on Monday as resistance emerged in Europe and Asia to U.S. sanctions against major crude exporter Iran, while rising U.S. drilling pointed to higher North American production.Brent crude was up 20 cents at $77.32 a barrel by 1315 GMT and U.S. light crude rose 10 cents to $70.80.Both oil futures contracts hit their highest since November...Read More

Trump tweeted his support for China's ZTE over the weekendDow Jones Industrial Average (DJI) futures are trading higher today and appear ready to build off last week's momentum. The Dow is looking to secure its eighth straight gain, which would mark its longest win streak since September. Driving markets this morning are easing trade war tensions between the U.S. and China. On Sunday, President D...Read More

Strongbow Exploration (TSX-V: SBW), a Canadian firm trying to reopen one of England's most iconic tin mines, announced Monday it planned to list in London's AIM exchange for growing companies next month.The Vancouver-based junior expects the London listing to help it raise 25 million pounds ($34 million) over the next 18 months, which it will use to study the feasibility of resuming production at...Read More