Most analysts are already bullish on CVX stockUBS upgraded Chevron Corporation (NYSE:CVX) to "buy" from "neutral," saying recent weakness in oil prices has created an attractive opportunity for the energy name. The brokerage firm said the company's model is created to withstand such volatility, and can maintain its organic capex and dividend even on oil's move below the $50 per barrel mark. Most a...Read More

A new year but the same old problems for aluminium."When you look at the economics of producing aluminium, these prices cannot be sustainable."That was the stark message from Roy Harvey, president and chief executive of U.S. aluminium producer Alcoa, speaking on the company's Q4 2018 results call.With the London Metal Exchange (LME) aluminium price languishing near two-year lows at a current $1,87...Read More

Gold demand turned fragile this week in India as local prices jumped to their highest level in 2-1/2-years, while traders in major buying centres in Asia pinned hopes on purchases ahead of the approaching Lunar New Year.Local gold prices in India, world's second-largest gold consumer, touched their highest since July 2016 this week."Prices are just moving higher and higher. Buyers are waiting for...Read More

So this is how Gold is playing out....We made the base....back towards the end of last year....we have rallied..just to under the 1300 mark.. now what we are seeing is a continuation pennant...As the prior trend is bullish....we would expect Gold to break out to the topside....The technicals are ripe for this...the sideways movement we have seen in making this pennant has eased the overbought scen...Read More

It's not just social media users that are being censored anymore...Read full newsRead More

All three major U.S. benchmarks are pacing for a fourth straight weekly winDow Jones Industrial Average (DJI) futures are pointing to a strong finish to the week, trading more than 100 points above fair value. The bullish bias is being driven by growing hopes for a U.S.-China trade deal, despite a lack of clarity on whether the U.S. is considering reducing tariffs on China. Earnings from American...Read More

Oyu Tolgoi is expected to produce 125,000 to 155,000 tonnes of copper and 180,000 to 220,000 ounces of gold in concentrates this year, Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) reports.Last year the Mongolian copper-gold mine produced 159,100 tonnes of copper, up 1.1% from 2017, and 285,000 ounces of gold, up 150% from 2017.The government of Mongolia owns 34 percent of Oyu Tolgoi with the r...Read More

Oyu Tolgoi is expected to produce 125,000 to 155,000 tonnes of copper and 180,000 to 220,000 ounces of gold in concentrates this year, Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) reports.Last year the Mongolian copper-gold mine produced 159,100 tonnes of copper, up 1.1% from 2017, and 285,000 ounces of gold, up 150% from 2017.The government of Mongolia owns 34 percent of Oyu Tolgoi with the r...Read More

Oyu Tolgoi is expected to produce 125,000 to 155,000 tonnes of copper and 180,000 to 220,000 ounces of gold in concentrates this year, Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) reports.Last year the Mongolian copper-gold mine produced 159,100 tonnes of copper, up 1.1% from 2017, and 285,000 ounces of gold, up 150% from 2017.The government of Mongolia owns 34 percent of Oyu Tolgoi with the r...Read More

   •  The risk-on mood continues to dent the commodity’s perceived safe-haven status.   •  Steady USD fails to lend any support; dovish Fed expectations to limit downside. Gold prices slipped for the second consecutive session, albeit remained well within a broader trading range held over the past one week or so. A report that the US is considering eas...Read More

Fred Imbert | Silvia AmaroPublished 17 Hours AgoUpdated3 Hours AgoCNBC.com show chapters Stock picking the name of the game for 2019, says Eaton Vance's Barton    2:53PM ET Thu, 17 Jan 2019 |05:54 Stocks rose on Friday as investors cheered potential progress in trade negotiations between China and the U.S.The Dow Jones Industrial Average rose 336.25 points to 24,706.35, led...Read More

A simple way to stop picking losers, and start cashing in like Wall Street's elite.Most traders would never believe that 9 out of 10 trades could be winners.But while it may sound impossible, thanks to a research breakthrough, it may not be as far-fetched as many think.JPMorgan's trading desk produced a 99.52% win rate from 2013 through 2017. That includes 2 straight years without a losing day....Read More

Bayhorse Silver (TSXV: BHS; US-OTC: KXPLF) has tabled 23 new silver channel samples from its Bayhorse silver mine in Oregon. The company is trying to find the mine's higher grade zones; it will then designate the barren zones as support pillars in its mine design.The company sampled from two new raises and stopes built 15 metres apart. It took samples measuring 1 metre by 0.2 metre on 0.9 metre c...Read More

Bayhorse Silver (TSXV: BHS; US-OTC: KXPLF) has tabled 23 new silver channel samples from its Bayhorse silver mine in Oregon. The company is trying to find the mine's higher grade zones; it will then designate the barren zones as support pillars in its mine design.The company sampled from two new raises and stopes built 15 metres apart. It took samples measuring 1 metre by 0.2 metre on 0.9 metre c...Read More

The floodgates are about to open, and early investors stand to reap some major rewards.Everyone knows: It's the casino that NEVER LOSES.And for years, the gaming industry has been stuck in a legal limbo, with black market bookies and smoky underground clubs soaking up billions in potential profits.But the floodgates are about to open to the general public.A key law outlawing online gambling across...Read More

Alrosa (MCX:ALRS), the world's No.1 diamond producer by output, made $463 million only at the international auctions it held in five countries in 2018.Following the publication of its overall sale results for the year, with rough and polished diamonds generating $4.5 billion, the Russian miner issued a press release highlighting the importance of the competitive sales it held abroad, especially th...Read More

Alrosa (MCX:ALRS), the world's No.1 diamond producer by output, made $463 million only at the international auctions it held in five countries in 2018.Following the publication of its overall sale results for the year, with rough and polished diamonds generating $4.5 billion, the Russian miner issued a press release highlighting the importance of the competitive sales it held abroad, especially th...Read More

* Mnuchin reportedly discussed lifting tariffs on China * Nickel hits two-month peak, zinc at month high (Add more quotes, updates with closing prices)By Maytaal AngelLONDON, Jan 18 (Reuters) - LME copper, nickel and zinc hitmulti-week highs on Friday as base metals gained on signs thetrade dispute between the United States and top metals consumerChina could be easing. The Wall Street Journal repo...Read More

China Molybdenum, which bought the giant Tenke Fungurume copper and cobalt mine from Freeport-McMoRan in 2016, is buying a holding company for $1.14 billion that will give it an 80%-stake in Democratic Republic of Congo's operation.The Chinese miner, which has spent almost $5 billion in the past two years on an acquisition rampage, said it had agreed to buy BHR Newwood DRC Holdings Ltd, a holdin...Read More

China Molybdenum, which bought the giant Tenke Fungurume copper and cobalt mine from Freeport-McMoRan in 2016, is buying a holding company for $1.14 billion that will give it an 80%-stake in Democratic Republic of Congo's operation.The Chinese miner, which has spent almost $5 billion in the past two years on an acquisition rampage, said it had agreed to buy BHR Newwood DRC Holdings Ltd, a holdin...Read More