Tips for Aluminium Mcx – BUY 2 lot Aluminium at CMP 154.50 for Target 155.50 – 156.20 with SL below price 153.45AFTER POST CONTENT Read More
A mining company that wants to transform its operations through digital adoption has to stop equating the work with past capital acquisitions, says Richard Sellschop, partner at McKinsey.He warns that digital work should be looked at as a holistic transformation as it's not just about the technical implementation."If you're building a new pump station, you can put that on a Gantt chart and underst...Read More
A mining company that wants to transform its operations through digital adoption has to stop equating the work with past capital acquisitions, says Richard Sellschop, partner at McKinsey.He warns that digital work should be looked at as a holistic transformation as it's not just about the technical implementation."If you're building a new pump station, you can put that on a Gantt chart and underst...Read More
LONDON (Reuters) - A British court has dismissed charges brought by the Serious Fraud Office (SFO) against Barclays (BARC.L) over its 2008 capital raising, the bank said on Monday, suspending for now the threat of regulatory sanctions on its business operations.The SFO was however not prepared to let the case drop.“We are likely to seek to reinstate the charges by applying to the High Court,...Read More
CAT also enjoyed a bull note from J.P. Morgan SecuritiesShares of heavy machinery giants Caterpillar Inc. (NYSE:CAT) and Deere & Company (NYSE:DE) are trading notably higher this morning. We'll take a closer look at CAT and DE stocks below to see what's behind the moves and how investors have been approaching each company.Bull Note, China Talks Lift CATCaterpillar is up 2.5% this morning at $159.6...Read More
(Kitco News) - Large speculators scaled back their bullish positioningin gold futures during the most recent reporting week for data compiled by theCommodity Futures Trading Commission. In fact, commodities brokerage SP Angel reports thatbullish bets are now at the lowest level in more than two years. During the week-long period covered by the report, Comex June gold fell $23.40 to $1,290.30 an ou...Read More
(Kitco News) - Large speculators scaled back their bullish positioning in gold futures during the most recent reporting week for data compiled by the Commodity Futures Trading Commission. In fact, commodities brokerage SP Angel reports that bullish bets are now at the lowest level in more than two years. During the week-long period covered by the report, Comex June gold fell $23.40 to $1,290.30 an...Read More
Progress was made in trade talks between the U.S. and China over the weekendDow Jones Industrial Average (DJI) futures are red-hot this morning, up more than 200 points amid growing optimism over U.S.-China trade talks. "We are putting the trade war on hold," Treasury Secretary Steve Mnuchin told Fox News on Sunday, after the two countries made significant progress toward a deal on Saturday. Elsew...Read More
WASHINGTON (Reuters) - U.S. Commerce Secretary Wilbur Ross will travel to China next week to help finalize a trade agreement after Washington and Beijing reached an initial framework last week, U.S. Treasury Secretary Steven Mnuchin said on Monday.“Secretary Ross has to go over and turn that into a signed piece of paper with companies,” Mnuchin told reporters at the White House. &ldquo...Read More
* LME/ShFE arb: bit.ly/2wZSAEz* GRAPHIC-2018 asset returns: tmsnrt.rs/2jvdmXl (Adds official midday prices/details)By Maytaal AngelLONDON, May 21 (Reuters) - Copper rose to a one-week high on Monday as fears over a U.S.-China trade war eased, countering the impact of a rising dollar, while nickel came under pressure from falling ferrous metals prices in China.The dollar hit a five-month high ve...Read More
Acquires two nickel-copper-cobalt projects in latest deal with EMXRead full newsRead More
LONDON (Reuters) - British Prime Minister Theresa May's spokesman said on Monday the government could not comment on why Russian billionaire Roman Abramovich's visa was yet to be renewed.Abramovich, best known in Britain as the owner of Premier League soccer club Chelsea, is in the process of renewing his visa as part of a standard procedure after it expired last month but it is taking longer than...Read More
The mid-week release of the Fed minutes could put the brakes on bullish momentum"If a pullback occurs this expiration week, bulls want to see support on the SPY come into play between $266.86 -- its 2017 close -- and the $270.43 level... there is the possibility that the 275 strike acts as a magnet, as sellers of the calls are forced to buy S&P futures to maintain a neutral position in a process c...Read More
(Kitco News) - Gold prices are moderately down and hit another five-month low in early U.S. tradingMonday. The U.S. dollar index continues its northerly trek and hit a six-monthhigh overnight. The appreciating greenback has been a major bearish outsidemarket force working against the precious metals markets for the past twomonths. Upbeat risk appetite in the marketplace is also keeping buyers away...Read More
Argonaut Gold Inc:Read full newsRead More
MANILA (Reuters) - The Philippines expressed “serious concerns” over the presence of China’s strategic bombers in the disputed South China Sea and its foreign ministry has taken “appropriate diplomatic action”, the spokesman of President Rodrigo Duterte said on Monday.China’s air force said bombers such as the H-6K had landed and taken off from islands and reefs...Read More
Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More
Editor's Note: Welcome to Kitco's new Bitcoin Daily Technical Alert. Every trading day veteran Kitco technical analyst Jim Wyckoff will provide you with a concise and easy-to-understand near-term technical brief on Bitcoin. Importantly, Jim will glean the short-term charts and technical studies, and then alert you to the signals he sees regarding upcoming potential bigger price moves or price tren...Read More
Gold hit its lowest level of 2018 early Monday, pressured by newsthat the U.S. and China have essentially declared a truce on the trade-warfront, say BMO Capital Markets and SP Angel. As of 7:38 a.m. EDT, Comex Junegold was $6.80 lower to $1,284.50 an ounce and bottomed at $1,281.20. “Safe-haven interest lulled, drawing gold to the lowest levelthis year after [U.S.] Treasury Secretary Steven...Read More
(Reuters) - General Electric Co (GE.N) confirmed on Monday it will merge its transportation business that makes train engines with Wabtec Corp (WAB.N), a U.S. manufacturer of equipment for the rail industry, in a deal valued at about $11.1 billion.GE and its shareholders will own 50.1 percent of the combined company, while Wabtec shareholders will own the rest, the companies said in a statement.Re...Read More