(The opinions expressed here are those of the author, a columnist for Reuters)By Jamie McGeeverLONDON, Jan 15 (Reuters) - The direction fast money is flowing at the start of the year could not be clearer as hedge funds and speculators ramp up their bets on a lower dollar and higher U.S. bond yields. Most of these bets are currently in the money. The dollar hit a three-year low on Monday, the 10-y...Read More
Shares in Canadian precious metals producer McEwen Mining (TSX, NYSE:MUX) were up Monday as gold prices touched the highest level since early September during the European trading session, and the company reported 2017 and Q4 results.The Toronto-based company said it produced 109,947 gold ounces and 3,178,742 silver ounces, last year, roughly in line with full-year guidance of 109,500 ounces of...Read More
Shares in Canadian precious metals producer McEwen Mining (TSX, NYSE:MUX) were up Monday as gold prices touched the highest level since early September during the European trading session, and the company reported 2017 and Q4 results.The Toronto-based company said it produced 109,947 gold ounces and 3,178,742 silver ounces, last year, roughly in line with full-year guidance of 109,500 ounces of...Read More
The re-start of a mothballed zinc mine in Australia is turning out to have a strong upside for both the mining company and its investors. Read full newsRead More
In 2018, retail sales in China are expected to equal or surpass sales in the United States for the first time.Read full newsRead More
Shares in Africa-focused Gem Diamonds (LON:GEMD) skyrocketed Monday morning after the miner announced the recovery of what it qualified as the fifth biggest gem-quality diamond ever found.The 910-carat, D colour, Type IIa rough diamond was unearthed at the firm's flagship Let??eng mine in Lesotho. According to analysts at Liberum, it could fetch as much as $40 million, based on previous sales...Read More
Shares in Africa-focused Gem Diamonds (LON:GEMD) skyrocketed Monday morning after the miner announced the recovery of what it qualified as the fifth biggest gem-quality diamond ever found.The 910-carat, D colour, Type IIa rough diamond was unearthed at the firm's flagship Let??eng mine in Lesotho. According to analysts at Liberum, it could fetch as much as $40 million, based on previous sales...Read More
Up to 20cm of snow is possible on high ground, with ice, strong winds and power cuts also possible, according to weather warnings.Read full newsRead More
Government predicts output will increase to more than 2.4 million barrels per day despite crumbling economyRead full newsRead More
The world-beating rally in Nigerian stocks may not be over yet.Read full newsRead More
Turkish forces hit Syrian Kurd militia with artillery fire as President Erdogan vows attack on YPG-controlled Afrin.Read full newsRead More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK CIN Index continued its 4 month climb, closing 8.5 points higher at 1300.91.New support levels are 1280 and 1286, while resistance is at 1302 and 1300.Our long-term momentum indicator MACD fell 1.25 to 0.22. On the plus side, the fast and slow lines remain between 6.83...Read More
Not the place you would think.Read full newsRead More
SHANGHAI, Jan 15 (SMM)? 1/4 ?Copper: LME copper traded lowered between the 10-day and 20-day moving averages and is expected to trade at $7,080-7,160/mt today. SHFE copper is expected to trade at 54,260-54,790 yuan/mt while spot premiums are to rise to 40-100 yuan/mt today.Aluminium: LME aluminium is expected to trade higher at $2,210-2,240/mt due to the suspension of Alcoa’s overseas plant...Read More
SHANGHAI, Jan 15 (SMM)? 1/4 ?Copper: LME copper traded lowered between the 10-day and 20-day moving averages and is expected to trade at $7,080-7,160/mt today. SHFE copper is expected to trade at 54,260-54,790 yuan/mt while spot premiums are to rise to 40-100 yuan/mt today.Aluminium: LME aluminium is expected to trade higher at $2,210-2,240/mt due to the suspension of Alcoa’s overseas plant...Read More
SHANGHAI, Jan 15 (SMM)? 1/4 ?Copper: LME copper traded lowered between the 10-day and 20-day moving averages and is expected to trade at $7,080-7,160/mt today. SHFE copper is expected to trade at 54,260-54,790 yuan/mt while spot premiums are to rise to 40-100 yuan/mt today.Aluminium: LME aluminium is expected to trade higher at $2,210-2,240/mt due to the suspension of Alcoa’s overseas plant...Read More
Gold enjoyed a nice lift late last week as the yellow metal cruised to $1,337.40 at the close of trading Friday in New York. Read full newsRead More
Turkey's president said Sunday the country will launch a military assault on a Kurdish enclave in northern SyriaRead full newsRead More
Iraq joined the United Arab Emirates, Qatar and Oman in calling for OPEC and allied producers to stick with their agreement to cut oil output until the end of the year, despite recent price gains.Read full newsRead More
Vancouver, British Columbia--(Newsfile Corp. - January 12, 2018) - TerraX Minerals Inc. (TSXV: TXR) (OTC Pink: TRXXF) (FSE: TX0) is pleased to report that it has entered into an agreement to acquire the Ptarmigan Mine property, located within its Eastbelt property, Yellowknife City Gold Project (seeRead full newsRead More