BELGRADE, March 12 (Reuters) - China's Zijin Mining Group Co. Ltd. has expressed interest in buying loss-making Serbian copper miner and smelter RTB Bor, which the Balkan state has been trying to sell for the past decade.President Aleksandar Vucic on Monday met representatives of the Chinese firm, who expressed an intention to invest several hundred million dollars in the business, his office said...Read More

BELGRADE, March 12 (Reuters) - China's Zijin Mining Group Co. Ltd. has expressed interest in buying loss-making Serbian copper miner and smelter RTB Bor, which the Balkan state has been trying to sell for the past decade.President Aleksandar Vucic on Monday met representatives of the Chinese firm, who expressed an intention to invest several hundred million dollars in the business, his office said...Read More

Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More

Shares of semiconductor concern Intel Corporation (NASDAQ:INTC) are slightly lower following a Wall Street Journal report suggesting the company is considering making an offer to buy Broadcom (AVGO), providing yet another twist in the latter firm's pursuit of Qualcomm (QCOM). Intel responded with a statement downplaying the M&A buzz, saying it's instead focused on integrating its previous acquisit...Read More

RBC raised its price target on shares of Freeport-McMoRan Inc (NYSE:FCX) to $22 from $18 -- representing expected upside of more than 19% to Friday's close at $18.43, and sitting in territory not seen since May 2015. While FCX stock has dropped 0.2% in early trading to hover near $18.39, the brokerage firm's upbeat outlook is likely in response to the equity's longer-term uptrend. Specifically, th...Read More

Toy stocks Hasbro, Inc. (NASDAQ:HAS) and Mattel, Inc. (NASDAQ:MAT) both gapped lower last week on the liquidation plans ofToys 'R' Us. Over the weekend, Barclays added salt to the stocks' proverbial wounds, cutting its price target on HAS, and downgrading MAT shares.Hasbro Stock Eyes Fifth Straight LossHasbro stock is down 0.8% to trade at $90.75, after Barclays reduced its price target to $100...Read More

Dow stock Merck & Co., Inc. (NYSE:MRK) has fallen under pressure in recent months. MRK shares suffered a huge bear gap back in October after the company pulled its European marketing application for Keytruda, and last month they were hit when rival Bristol-Myers Squibb (BMY) announced a positive trial update for Opdivo. However, Merck stock is bouncing today following a bullish brokerage note. Spe...Read More

(Kitco News)- Largespeculators’ net positioning did not change much in gold futures but the netbearish position in silver was scaled back according to the latest datagathered by the Commodity Futures Trading Commission.Duringthe week-long period through March 6 that was covered by the report, Comex April gold rose $16.60 to $1,335.20an ounce. May silver rose 35 cents to $16.784.Netlong or sh...Read More

David Whelan has built 3D education platform VR Education Holdings Plc (LON:VRED) from a ?,?1,000 loan from his sister into a ?20mln market cap AIM-listed company in three years.But with demand for online education soaring around the globe, this is just the start he tells Proactive.  Meet AusCann Group Holdings Ltd, Pacific American Coal Ltd, Kasbah Resources, Hazer Group Ltd and Kazia Thera...Read More

(Reuters) - Goldman Sachs Group Inc (GS.N) said on Monday that Harvey Schwartz, the bank's President and co-Chief Operating Officer, will retire on April 20.A Goldman Sachs sign is displayed inside the company's post on the floor of the New York Stock Exchange (NYSE) in New York, U.S., April 18, 2017.The bank said David Solomon will serve as sole president and Chief Operating Officer.The Wall Stre...Read More

(Reuters) - U.S. stock index futures pointed to a higher opening for Wall Street on Monday, building on gains from last week's strong February jobs data that allayed fears of rising inflation and faster interest rate hikes.Wall Street's main indexes closed up nearly 2 percent on Friday after data showed U.S. job additions in February grew by a strong clip but wage growth was sluggish."The mar...Read More

BERLIN (Reuters) - Germany and its European Union partners must act quickly to find common ground on a European investment budget, German Chancellor Angela Merkel said on Monday, before signing an agreement on her new coalition government.German Chancellor and leader of the Christian Democratic Union (CDU) Angela Merkel, leader of the Christian Social Union (CSU) Horst Seehofer and leader of the S...Read More

LONDON (Reuters) - World stocks surged to a two-week high on Monday after strong U.S. jobs data at the end of last week helped take the edge off investors' concerns about the potential outbreak of trade war between the United States and other major economies.European shares shot up across the board, following their Asian counterparts, while emerging market currencies strengthened as investors boug...Read More

(Reuters) - DowDuPont Inc chief Andrew Liveris will step down on April 1, making good on an earlier promise to retire as the company named existing managers to head its materials science unit when it is spun off as Dow next year.Jim Fitterling, currently chief operating officer of the materials science unit, will become its chief executive under the Dow brand in a spin-off planned for the first qu...Read More

BRUSSELS (Reuters) - The European Commission said it expected to be in contact with the United States over steel and aluminum tariffs this week, but added that no formal talks were scheduled."No meetings as such are planned at the moment between U.S. and EU authorities," a spokesman for the European Commission told a regular news conference."But we expect contacts to take place at s...Read More

Stocks closed last week on a strong note, and they're set to carry that momentum into this week, with Dow Jones Industrial Average (DJI) futures trading above fair value. The S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are signaling upside, too, with the latter index poised to follow the Nasdaq Composite (IXIC) to fresh record highs. The economic calendar is rather bare today, giving investors...Read More

LONDON (Reuters) - The euro's rally on Monday fizzled as a more-dovish-than-expected central bank meeting last week continued to weigh on the single currency, while a revival in risk appetite hurt the dollar against higher-yielding currencies.Strong U.S. jobs numbers and receding fears over a trade war helped a rebound in markets, and when markets have rallied this year the euro has tended to bene...Read More

(Kitco News)- Gold continues to see selling pressure as both theshort-term fundamentals and the technical picture have deteriorated. Gold'sfailure to break above the $1,337 level early last week and the subsequentbreak of $1,322 overnight suggests the technical picture may have turnedbearish. The FOMC meeting next week is expected to bring a 25-basis-pointincrease in rates, especially after Friday...Read More

Gold might be range-bound lately but the metalis still holding up due to its safe-haven status, says commodities brokerage SPAngel. Stock-index futures are pointing to a higher open on Wall Street in thewake of Friday’s news that the U.S. economy added 313,000 jobs last month. Butwhile lower, gold has not sold off sharply. “The precious metal still holds itshaven status, remaining pers...Read More

(Kitco News) - Gold is lower again this morning and last week's rally to $1,340 is a distant memory. The only thing that can help gold here is the oversold conditions and a dead-cat bounce. The pattern in gold is ugly, making lower highs and lower lows. Now, $1,300 is the key level that gold must hold or $1,240 is in the cards. There are so many things that are in play here when it comes to the me...Read More