(Kitco News) - Gold and silver prices were near steady in early-afternoon U.S. trading Thursday, in a choppy, two-sided trading session. The metals got just a bit of support from a pullback in the U.S. dollar index from its recent strong gains. However, a dropping crude oil market that has come well down from its recent high is a bearish outside market factor for the precious metals. August Comex...Read More

LONDON, May 31 (Reuters) - Petropavlovsk has said it will remove the board member representing the Russian gold miner's biggest shareholder Kenges Rakishev, ratcheting up tensions between rival investor groups over management of the company.In a notice for its annual meeting on June 29, London-listed Petropavlovsk proposed removing Rakishev's nominated director Bektas Mukazhanov."Upon delivery of...Read More

MCX ALUMINIUM TRADING CALLAluminium Trading Call – Mcx Aluminium JUN Buy Call a5c given at 153.90 Achieved 1st target 154.90. CMP 155. Total 1.1 x 2 lot = 2.20 Points ProfitTIPS ID a5c : Mcx Aluminium Call - BUY Aluminium JUN 2 lot at CMP 153.90 for Target 154.90 - 155.80 with SL below price 152.90 Read More

LONDON, May 31 (Reuters) - Petropavlovsk has said it will remove the board member representing the Russian gold miner's biggest shareholder Kenges Rakishev, ratcheting up tensions between rival investor groups over management of the company.In a notice for its annual meeting on June 29, London-listed Petropavlovsk proposed removing Rakishev's nominated director Bektas Mukazhanov."Upon delivery of...Read More

MCX LEAD FREE CALLMcx Lead Free Call – Lead BUY Carry Call a62, Advised at price 165.20 Achieved 1st Target 166.30. CMP 166.30. Total profit of 1.1 x 2 lot = 2.20 Points in Lead CallTIPS ID a62 : Mcx Lead Carry Call - BUY Lead Jun at CMP 165.20 for Target 166.30 - 166.90 with SL below Price 164 Read More

Incrementum's 12th annual In Gold We Trust report analyzes gold primarily as a monetary asset and not as a commodity like say hops or barley.In its 230-page report, the Liechtenstein-based asset managers believe that gold is in the early stages of a new bull market, "which has been temporarily slowed down by the election of Donald Trump":"The expectations of the political newcomer were clearly exc...Read More

Incrementum's 12th annual In Gold We Trust report analyzes gold primarily as a monetary asset and not as a commodity like say hops or barley.In its 230-page report, the Liechtenstein-based asset managers believe that gold is in the early stages of a new bull market, "which has been temporarily slowed down by the election of Donald Trump":"The expectations of the political newcomer were clearly exc...Read More

JAKARTA, May 31 (Reuters) - Indonesian coal miner Adaro Energy said Australian authorities have approved its plan to acquire Rio Tinto's stake in the Kestrel coking coal mine in the Australian state of Queensland, and the company expects to finalise financing for the deal on July 1.Under the planned $2.25 billion transaction, Adaro will take a 48 percent stake of Rio's current 80 percent interest...Read More

NICKEL INTRADAY TODAYMcx Nickel Intraday Today – Nickel May BUY Call a77 given at 1016.30 Achieved 1st Target 1023.30. CMP 1023.40. Total profit of 7 Points x 2 lot = 14 Points in Nickel tips todaya77 : Nickel Mcx Today - BUY Nickel May at CMP 1016.3 Add more at price 1012.3 for Small Target between 1023.3 - 1026.3 with SL below price 1009.30. RISK Taker trade with 2 lots Read More

Saudi Arabia and Russia just destroyed the oil price rally, potentially putting an end to all the speculation about what the group might do next. But higher production doesn't necessarily mean higher oil prices are entirely out of the question, and in fact, the oil market is still faced with a ton of uncertainty.Higher oil production from the OPEC/non-OPEC group would seem to close off the higher-...Read More

Both names currently have cheap short-term options, tooOil stocks have grabbed headlines lately, amid swinging crude futures. And while this pair of blue-chip energy names are bucking historically bearish headwinds, these under-the-radar mid-cap stocks are worth keeping an eye on, too. In fact, both Oasis Petroleum Inc. (NYSE:OAS) and Nabors Industries Ltd. (NYSE:NBR) arethrowing up potential "...Read More

CHARLESTON, S.C. (Reuters) - For America’s fastest growing East Coast ports, trade with China equals billions of dollars of investment and thousands of well-paid jobs in the heart of Trump country and not, as the president portrays it, the death knell for America’s middle class.At Atlantic ports in the southern United States, harbor channels are being deepened to handle bigger ships mo...Read More

ZURICH (Reuters) - Credit Suisse Group will cut around 15 percent of its 60-strong team of rates traders in New York and London to focus on electronic trading.“This will allow us to re-invest into our electronic platform and lean into product areas that better align to market environment and client demand,” a spokeswoman said, confirming the contents of a staff memo seen by Reuters.The...Read More

LIMA, May 30 (Reuters) - Peruvian precious metals miner Buenaventura said Southern Copper Corp is evaluating its proposal to jointly develop Southern's $2 billion copper project Michiquillay, Buenaventura's chief executive told Reuters on Wednesday."They were receptive ... but it's up to them to evaluate the preliminary proposal," Victor Gobitz said in an interview at the International Gold & Silv...Read More

LIMA, May 30 (Reuters) - Peruvian precious metals miner Buenaventura said Southern Copper Corp is evaluating its proposal to jointly develop Southern's $2 billion copper project Michiquillay, Buenaventura's chief executive told Reuters on Wednesday."They were receptive ... but it's up to them to evaluate the preliminary proposal," Victor Gobitz said in an interview at the International Gold & Silv...Read More

LIMA, May 30 (Reuters) - Peruvian precious metals miner Buenaventura said Southern Copper Corp is evaluating its proposal to jointly develop Southern's $2 billion copper project Michiquillay, Buenaventura's chief executive told Reuters on Wednesday."They were receptive ... but it's up to them to evaluate the preliminary proposal," Victor Gobitz said in an interview at the International Gold & Silv...Read More

The three major indexes are still holding on to strong May gains, thoughThe Dow Jones Industrial Average (DJI) is wallowing in red ink at midday, after the Trump administration said it will impose tariffs of 25% and 10% on steel and aluminum imports, respectively, coming from Mexico, Canada, and the European Union, effective tomorrow. All three have indicated retaliatory tariffs against U.S. expo...Read More

LISBON (Reuters) - German Chancellor Angela Merkel said on Thursday she would communicate with a new Italian government in an “open-minded way” amid political turbulence in Rome that has stirred fears of another euro zone crisis.She spoke in Lisbon after talks with Portuguese Prime Minister Antonio Costa, who urged swift action by Europe to prevent Italy’s ructions spreading else...Read More

WASHINGTON (Reuters) - U.S. Commerce Secretary Wilbur Ross will hold a news briefing at 9 a.m. (1300 GMT) to announce “Section 232” national security-related tariff modifications, the U.S. Commerce Department said in a statement on Thursday.The announcement comes after two sources said Washington will announce plans to impose tariffs on EU steel and aluminum imports as early as Thursda...Read More

(Bloomberg) - A diamond mine in Botswana sold for $8.1 million at an online auction after its liquidators failed to secure viable offers via conventional bids.Online bids for Lerala Diamond Mine opened on May 24 and closed at 5 p.m. local time Wednesday. Lerala, which is owned by Sydney-based Kimberley Diamonds Ltd., was placed under judicial management in June last year due to weak sales and hig...Read More