(Updates with closing prices)By Peter HobsonLONDON, April 3 (Reuters) - Prices of copper and otherindustrial metals rose on Wednesday as strong Chinesemanufacturing data and reports of progress in U.S.-China tradetalks bolstered the demand outlook.Copper also reflected indigenous leaders in Peru rejectingtalks with the government to end disruption at a major mine.Benchmark copper on the London Met...Read More
* SPDR Gold holdings fall to lowest since March 8 * Silver off 3-month lows hit on Tuesday * GRAPHIC-2019 asset returns: (Updates prices)By Sumita LayekApril 3 (Reuters) - Gold steadied on Wednesday, supported bya dip in the dollar, while gains were capped by a rally inglobal stocks following reassuring economic data from the UnitedStates and China and optimism the two countries would strike atrad...Read More
About 200 people recently took part in the International Collegiate Mining Competition, held in Virginia City, Nevada.Bryn Llewellyn, from Camborne School of Mines at the University of Exeter, hand steeling. Photo by Max Willcock.For the 41st year in a row, the three-day event gathered students from mining schools from around the world who formed 18 teams in the men's category and eight teams in t...Read More
About 200 people recently took part in the International Collegiate Mining Competition, held in Virginia City, Nevada.Bryn Llewellyn, from Camborne School of Mines at the University of Exeter, hand steeling. Photo by Max Willcock.For the 41st year in a row, the three-day event gathered students from mining schools from around the world who formed 18 teams in the men's category and eight teams in t...Read More
Gold is currently trading at $1,293, having hit a low of $1,285 earlier this week. The bullish divergence of the 4-hour chart relative strength index suggests scope for a further rise to $1,300. The bounce, however, could be short-lived, as the 50-candle MA is about to cross the 200-candle MA from above. Further, the RSI on the daily chart is biased bearish below 50.00. The 5- and 10-day MAs conti...Read More
Barrick Gold's (TSX:ABX) (NYSE:GOLD) executive chairman, John Thornton, said Wednesday he was encouraged by the Democratic Republic of Congo's (DRC) newly elected president Felix Tshisekedi's vision of attracting foreign investment and supporting the development of the country's mining industry.The Canadian miner, which operates the country's Kibali mine, one of the world's ten largest gold mines,...Read More
Brexit Trade Talks Bitcoin Oil Gold European equity markets are poised to open around half a percentage point higher on Wednesday, with the FTSE the notable underperformer after the pound rallied following Theresa May’s appeal to the opposition to help break the Brexit impasse. Sterling higher as May reaches out to the opposition to break Brexit impasse The next stage in the Brex...Read More
Eight men suffocated in an unauthorised gold mine in Peru after a tunnel they dug began spewing noxious fumes, local media reported. Rough cut - no reporter narration.Read full newsRead More
Gold is seen by the investment community or even by society's common sense as a great hedge for uncertain times.In an attempt to normalize liquidity in the interbank loan market, the Fed reduced interest rates and used several mechanisms to provide liquidity.The Lehman's bankruptcy brought renewed liquidity problems. That meant that the Fed needed to react.Gold (NYSEARCA:GLD) is seen by the in...Read More
ISIS has claimed it kidnapped and killed a Canadian geologist in Burkina Faso three months ago, according to the latest issue of the propaganda newsletter Al-Naba, circulated last week.Halifax, Nova Scotia-based Kirk Woodman, vice-president of exploration for private gold explorer Progress Minerals, was found dead on Jan. 16 in rural Burkina Faso, after having been abducted a day earlier.Propagan...Read More
ISIS has claimed it kidnapped and killed a Canadian geologist in Burkina Faso three months ago, according to the latest issue of the propaganda newsletter Al-Naba, circulated last week.Halifax, Nova Scotia-based Kirk Woodman, vice-president of exploration for private gold explorer Progress Minerals, was found dead on Jan. 16 in rural Burkina Faso, after having been abducted a day earlier.Propagan...Read More
Silver can be frustrating for holders of the physical metal.Investors are losing both money and opportunity.The last three years of sideways price action have been frustrating for the bulls.Silver can be frustrating for holders of the physical metal. Stuck in a sideways pattern since 2014, silver has been oscillating between support at roughly $14.00 per ounce and resistance at $21.00 per ounce. T...Read More
Eight men suffocated in an unauthorized gold mine in Peru after a tunnel they du...Read full newsRead More
Eight men suffocated in an unauthorised gold mine in Peru after a tunnel they dug began spewing noxious fumes, local media reported. Rough cut - no reporter narration.Read full newsRead More
Vancouver, BC - Venzee Technologies Inc. (TSX-V: VENZ) (the "Corporation" or "Venzee") is pleased to announce that it has completed integration of its Venzee Mesh API content distribution platform with one of its five previously announced Product Information Management (PIM) channel partners and has commenced onboarding manufacturers and distributors of the channel partner.This well-established P...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average fell Tuesday as shares of Walgreens Boots Alliance (WBA - Get Report) declined after the Dow component missed earnings estimates. Dow Inc. (DOW shares climbed 4.8% to $56.04 in their debut on the New York Stock Exchange. Shares of Lyft (LYFT fell slightly in their third day of trading f...Read More
Russian aluminium producer Rusal is again shipping fresh primary aluminium to the United States and Europe following the removal of sanctions against the company in January, according to chief executive Evgenii Nikitin, Rusal's press office told Fastmarkets on Tuesday April 2."The volume [of supplies to Europe and the US] has been fully restored on aluminium. It has not been resumed on alloys, tho...Read More
Nickel was the standout performer among base metals in trading on the London Metal Exchange on Tuesday April 2, with an increase of $35 per tonne making it the only base metal not to show a fall.Tin was one of the worst performers, with its price going down by $220 per tonne to $21,200 per tonne in Tuesday trading.The price of lead fell by $20.50 per tonne to $1,990.50 per tonne, making it one of...Read More
Fastmarkets has corrected its assessment of the premium for aluminium P1020, fca South Korea, duty-free, which was published incorrectly on Tuesday April 2 due to an error.The premium for P1020 in South Korea was incorrectly given as $110-130 per tonne. The correct figure was $115-135 per tonne, unchanged from the previous assessment on March 26. This was correctly displayed in the pricing rationa...Read More
Manganese ore prices have diverged according to grade, increasing the gap between 37% and 44% ore after buyers complained about the cost of the low-grade material. 37% manganese ore slides, 44% ticks up Alloy prices diverge in China Indian silico-manganese prices hold steady Alloys stage mixed performance in Europe, USPrices for low- and high-grade manganese ore diverged at the end of March amid m...Read More