Recent News

Did Gold Bottom On News From China?

May 21, 2018 / www.kitco.com

(Kitco News) - Over the weekend, the big news was the possible deal made with China and the United States on the trade wars and tariffs. Sunday night on the initial opening of the markets, gold hovered around the unchanged line before selling off and testing very near our $1,280 target, trading at $1,281.20. Gold held that low and we would consider that close enough to our target. We are now looki...Read More

Gold And Gold Miners - Gold Will Have A Big Rally In Coming Months

May 21, 2018 / seekingalpha.com

Gold price finally dropped to below 1,300 last week to a low of 1,286 level.But gold price is still within my predicted 1,280-1,300 range.Gold price is still in a long-term uptrend and its further direction is discussed.I am a believer that the deeper gold price goes, the stronger the next rebound will be.This idea was discussed in more depth with members of my private investing community Momentum...Read More

Why This Genetics Stock Could Be a Gold Mine for Growth Investors

May 21, 2018 / dlvr.it

Invitae reported $1.6 million in revenue in 2014. This year it expects more than $130 million.Read full newsRead More

Gold Mine Waste Blamed for Deadly Poisoning in Cambodia

May 21, 2018 / dlvr.it

Chromium and cyanide had been improperly handled and seeped into rivers used for drinking water in Kratie and Mondulkiri.Read full newsRead More

BRIEF-Argonaut Gold Provides Update For Its La Colorada Mine

May 21, 2018 / dlvr.it

Argonaut Gold Inc:Read full newsRead More

Goldman Sachs urging EV market players to lock in #nickel pricing ASAP, lest prices race upward in coming years...

May 21, 2018 / twitter.com

"Goldman Sachs urging EV market players to lock in #nickel pricing ASAP, lest prices race upward in coming years @benchmarkmin https://t.co/YrULg5hy0b"Read full newsRead More

Macro Roundup (May 21)

May 21, 2018 / news.metal.com

SHANGHAI, May 21 (SMM) – This is a roundup of global macroeconomic news last weekend and what is expected today.Last weekendAs the US treasury yield climbed, the US dollar index rose 1.2% to close at 93.66 and registered on Friday a new high at 93.83 since December last year.Base metals trading was rather weak and mixed on Friday. LME aluminium slid over 1% to a two-week low on smaller-than-...Read More

Macro Roundup (May 21)

May 21, 2018 / news.metal.com

SHANGHAI, May 21 (SMM) – This is a roundup of global macroeconomic news last weekend and what is expected today.Last weekendAs the US treasury yield climbed, the US dollar index rose 1.2% to close at 93.66 and registered on Friday a new high at 93.83 since December last year.Base metals trading was rather weak and mixed on Friday. LME aluminium slid over 1% to a two-week low on smaller-than-...Read More

Macro Roundup (May 21)

May 21, 2018 / news.metal.com

SHANGHAI, May 21 (SMM) – This is a roundup of global macroeconomic news last weekend and what is expected today.Last weekendAs the US treasury yield climbed, the US dollar index rose 1.2% to close at 93.66 and registered on Friday a new high at 93.83 since December last year.Base metals trading was rather weak and mixed on Friday. LME aluminium slid over 1% to a two-week low on smaller-than-...Read More

Macro Roundup (May 21)

May 21, 2018 / news.metal.com

SHANGHAI, May 21 (SMM) – This is a roundup of global macroeconomic news last weekend and what is expected today.Last weekendAs the US treasury yield climbed, the US dollar index rose 1.2% to close at 93.66 and registered on Friday a new high at 93.83 since December last year.Base metals trading was rather weak and mixed on Friday. LME aluminium slid over 1% to a two-week low on smaller-than-...Read More

Macro Roundup (May 21)

May 21, 2018 / news.metal.com

SHANGHAI, May 21 (SMM) – This is a roundup of global macroeconomic news last weekend and what is expected today.Last weekendAs the US treasury yield climbed, the US dollar index rose 1.2% to close at 93.66 and registered on Friday a new high at 93.83 since December last year.Base metals trading was rather weak and mixed on Friday. LME aluminium slid over 1% to a two-week low on smaller-than-...Read More

UPDATE 1-Asia Morning Call-Global Markets

May 21, 2018 / in.investing.com

May 21 (Reuters) - Stock MarketsNet ChngStock MarketsNet Chng S&P/ASX 200** 6,087.4-6.90NZX 50**8,657.3353.95 DJIA**24,715.091.11NIKKEI**22,838.3791.99 Nasdaq**7,354.339-28.134FTSE**7,778.79-9.18 S&P 500**2,712.97-7.16Hang Seng**31,047.91105.76 SPI 200 Fut6,066-30.00STI**3,529.27-7.49 SSEC**3,193.047538.77KOSPI**2,460.6512.20 ----------------------------------------------------------------...Read More

GLOBAL BILLET WRAP: Market seeking direction amid diverging influences

May 21, 2018 / www.metalbulletin.com

Prices in the international steel billet market moved in different directions in the week ended Friday May 18 with the factors influencing market decisions varying from region to region.Suppliers in the CIS region were bullish, suggesting that Iran will not be able to sell its semi-finished products as it has been doing because of the threatened reimposition of sanctions by the United States after...Read More

GLOBAL BILLET WRAP: Market seeking direction amid diverging influences

May 21, 2018 / www.metalbulletin.com

Prices in the international steel billet market moved in different directions in the week ended Friday May 18 with the factors influencing market decisions varying from region to region.Suppliers in the CIS region were bullish, suggesting that Iran will not be able to sell its semi-finished products as it has been doing because of the threatened reimposition of sanctions by the United States after...Read More

Which Is a Smarter Buy: Gold Stocks or Gold Bars?

May 21, 2018 / www.fool.ca

Gold prices are sitting at $1,294.90 per ounce, suggesting that the precious metal is going to dip before it surges. Thus, now might be a great time to invest in stocks of the yellow stuff. But before we look at a stock so tasty that even SeaCrest Wealth Management, LLC is holding it, let's look at whether gold is indeed acting bullishly, and consider that other gold investment strategy.Going for...Read More

Cobalt Blockchain expects final approval shortly for DRC copper/cobalt trading, export license

May 21, 2018 / www.metalbulletin.com

Canada-based Cobalt Blockchain Inc (COBC) expects final ratification shortly for a copper/cobalt trading and export license that will allow it to establish regional buying depots in the Democratic Republic of Congo (DRC), process minerals in-country and export internationally. The exploration and development company, which has assets in the DRC, said its application for the license as well as all...Read More

LIVE FUTURES REPORT 21/05: LME lead up 3.3% amid US dollar 6-mth high

May 21, 2018 / www.metalbulletin.com

Base metals on the London Metal Exchange were predominantly higher at the close of trading on Monday May 21, with zinc and lead breaking through recent support and resisting the US dollar's six-month high. Lead's three-month price climbed 3.3% to break past the $2,400-per-tonne mark, with its cash/three-month spread currently in a contango of $12.25 per tonne. The metal continued to find...Read More

Jiangxi Copper plans blending, scrap processing operations in SE Asia - sources

May 21, 2018 / www.metalbulletin.com

Jiangxi Copper, China's largest copper smelter, is planning to set up metal concentrates blending and scrap processing operations in Southeast Asian countries, Metal Bulletin has learned. "The blending operation will receive complex concentrates with high arsenic content. The scale of the blending capacity is not set yet. Jiangxi Copper has no such overseas blending operation so it is a new move f...Read More

GLOBAL MANGANESE WRAP: Competition drives down manganese ore prices into China

May 21, 2018 / www.metalbulletin.com

Manganese ore prices fell heavily over week ended Friday May 18, in particular the price for 44% manganese, with sellers accepting the refusal among buyers to pay higher prices.Price of 44% manganese ore slides by 11.4%Chinese alloy prices soften and inventories tick upwardTop price for Indian silico-manganese dipsEuropean silico-manganese price dropsUS alloys spot demand quiet; lower ore prices t...Read More

GLOBAL CHROME WRAP: Ferro-chrome prices edge higher on tightening supply

May 21, 2018 / www.metalbulletin.com

Ferro-chrome prices rose in China for domestic and imported material on Friday May 18 due to producers standing firm on offer prices in a tighter market. Ore and alloy prices rise in China Chinese market reports alloy production cuts Alloy prices in South Korea follow China higher Alloy prices hold in Europe and Japan US market quiet, prices edge up on small volume trades Ferr...Read More

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