Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
SHANGHAI, Apr 11 (SMM) – Nickel ore prices are likely to stay weak in the second quarter of this year due to rising supply from Indonesia and the Philippines.SMM expects Indonesian medium-grade nickel ore with 1.65% Ni to trade at $35-37/wmt cif in May. This compared with $43.5-44.5/wmt recorded the first week of April.Indonesia’s nickel ore exports have been on the rise since the coun...Read More
SHANGHAI, Apr 11 (SMM) –Copper: As crude oil soared overnight, LME copper climbed above the 40- and 60-day moving averages as investors added their longs. It stood above the 60-day moving average at opening today and is likely to trade at $6,930-6,990/mt. The SHFE 1805 contract mostly traded between the 20- and 40-day moving averages with strong momentum overnight. We expect i...Read More
But Whittle has been arguing for the value of computerised mine planning and optimisation ever since and sees industry and broader accolades, such as his recent Australia Day Honours award, not to mention countless international software sales, as evidence that he's been right all along.Read More
(Kitco News) - Gold prices are once again testing the top end of their recent range as escalating geopolitical tensions grip financial global markets, according to analysts. Gold is solidly higher Wednesday morning as markets digest the most recent comments from U.S. President Donald Trump, who in a Twitter comment warned of imminent military action in Syria. June gold futures last traded at $1,35...Read More
Marquee Resources Limited (ASX:MQR)today announced that it has added to its Canadian in-country geological teamwith the appointment of the highly experienced Mr Toby Hughes. Hughes will lead the explorationprogram at the Werner Lake Cobalt project in Ontario, in which MQR has anoption to acquire an interest to earn up to 70%. The company is embarking upon anaggressive exploration program at Warn...Read More
SHANGHAI, Apr 11 (SMM) – Spot copper in the Shanghai market was offered between a discount of 10 yuan/mt and a premium of 40 yuan/mt on the morning of Wednesday April 11, SMM learned. This compared with premiums of 50-90 yuan/mt on the morning of April 10. For editorial queries, please contact Daisy Tseng at daisy@smm.cn For more information on how to access our rese...Read More
Aluminium Trading – Aluminium SELL Call 55b given at price 147.40 Achieved 1st target 146.20 & 2nd Target 145.50. CMP 145.45. Total Profit of 1.9 x 2 lot = 3.80 Points55b : Aluminium Calls Today - SELL Aluminium at CMP 147.40 for Target 146.20 - 145.50 with SL Above price 148.10AFTER POST CONTENT Read More
SHANGHAI, Apr 11 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightDespite potential lower tariffs indicated by Chinese President Xi Jinping, the US dollar edged down 0.23 to 89.6 overnight while the euro gained. Base metals rose across the board except for tin. LME aluminium climbed 3.7% to a record high in two months, driven by US s...Read More
RAPAPORT... Titan Company expects to reap the benefits of increasedregulation in the Indian jewelry market, the retailer said after reporting ajump in quarterly sales. Stricter credit conditions and a crackdown on illegalbehavior - which have come under focus since the Nirav Modi fraud scandalemerged in January - will help jewelers that have better structures in place,it said. The nation's goods a...Read More
(Kitco News) - Gold prices pushed to session highs after U.S. inflation data came in weaker than expected.Wednesday, the U.S. Labor Department said its U.S. Consumer Price Index fell 0.1% in March, after increasing 0.2% in February. The drop was weaker than expected as consensus forecasts were calling for an unchanged reading.The decrease in inflation pressures did not have a major impact on the a...Read More
This product isclassified as 'very high risk' in nature due to its location and geopoliticalsituation of the region. Finfeed advises that extra caution should be takenwhen deciding whether to engage in this product, however if you are not surewhether it is suitable for you we suggest you seek independent financialadvice. Black Rock Mining (ASX:BKT) thismorning confirmed its industry-leading ease...Read More
Palisade Research April 11, 2018 Category: Research While the North American market for EV stocks is now reaching saturation, Boreal Metals (CVE:BMX, FRA:03E) is across the Atlantic with all of Europe to itself.In our latest update, the company acquired the Modum Project in Norway, Europe's highest-grade past producing cobalt mine.This morning the company announced the acquisition of the Mj??vatt...Read More
SHANGHAI, Apr 11 (SMM) –Copper: As crude oil soared overnight, LME copper climbed above the 40- and 60-day moving averages as investors added their longs. It stood above the 60-day moving average at opening today and is likely to trade at $6,930-6,990/mt. The SHFE 1805 contract mostly traded between the 20- and 40-day moving averages with strong momentum overnight. We expect i...Read More
Aluminium Target Tips – SELL Aluminium Call 55b given at price 147.40 CMP 146.8. Low risk taker book 0.60 x 2 lot = 1.20 Points. RISK taker hold for TGT55b Aluminium Calls Today - SELL Aluminium at CMP 147.40 for Target 146.20 - 145.50 with SL Above price 148.10AFTER POST CONTENT Read More
SHANGHAI, Apr 11 (SMM) –Copper: As crude oil soared overnight, LME copper climbed above the 40- and 60-day moving averages as investors added their longs. It stood above the 60-day moving average at opening today and is likely to trade at $6,930-6,990/mt. The SHFE 1805 contract mostly traded between the 20- and 40-day moving averages with strong momentum overnight. We expect i...Read More
FRANKFURT (Reuters) - Once one of Germany's chief power brokers in finance, Deutsche Bank (DBKGn.DE) Chairman Paul Achleitner's switch of chief executive has triggered criticism that it was rushed through, casting a cloud over his own future.FILE PHOTO: Deutsche Bank supervisory board chairman Paul Achleitner gives a speech during the Swiss International Finance Forum in Bern, Switzerland June 20,...Read More
The independent index, which covers 30 companies that produce 25% of all mined commodities globally, was launched by the Responsible Mining Foundation and aims to encourage continuous improvement in responsible mining an support leading practice and learning.Read More
Safe-haven flows into the gold market have continued as the world awaits a possible U.S. military response to suspected chemical-weapons attacks in Syria, says SP Angel. The commodities brokerage cites news reports that flights of coalition aircraft have been spotted near the Syria-Iraq border, and U.S. President Donald Trump intensified preparations for a response by cancelling a planned weekend...Read More
European mills producing hollow sections are unhappy with current pricing and intend to issue higher offer prices over the next few weeks, market sources told Metal Bulletin on Wednesday April 11."The development of tube prices does not match that of flat steel," one Southern European producer said."None of the pipemakers are happy with the current situation. They're all confronted with higher coi...Read More
Auroch Minerals Limited (ASX:AOU) has today announced positive results from reconnaissance sampling at its 90%-owned Arden Base-Metals Project. During recent reconnaissance field mapping and sampling, AOU has observed extensive sedex-style base-metal mineralisation at three of the advanced target areas at the Arden Project: Ragless Range, Radford Creek and Kanyaka.Importantly, high-grade zinc, co...Read More