* Dollar breaks into positive territory for year* Oil just under $75 a barrel amid Iran deal nerves* Cautious cheer from stocks as Trump extends tariffs exemptions* Pound hurt by softer UK data* Apple results in focus after reports of weak iPhone demand* Gold hits 6-week low, emerging markets knocked by strong dollarBy Marc JonesLONDON, May 1 (Reuters) - The dollar broke into positive territory fo...Read More
The U.S. dollar rose to the highest level of the year Tuesday, as a slump in both the pound and the euro highlighted the Federal Reserve's increasing isolation on rate hikes among major global central banks as growth outside the United States slows and inflation remains puzzlingly tepid despite rising commodity prices. The Fed starts its two-day interest rate meeting later today in Washington, a...Read More
Investing.com - Gold prices fell to fresh two-and-a-half month lows on Tuesday, pressured lower by a stronger dollar ahead of the Federal Reserve’s latest policy decision and the U.S. jobs report later this week.Gold futures for June delivery on the Comex division of the New York Mercantile Exchange were down $9.20 or 0.7% to $1,310.00 a troy ounce by 04:21 AM ET (08:21 AM GMT), the lowest l...Read More
On April 30, SQM announced that Ponce's investment vehicle Pampa Calichera and Japan's Kowa Corporation had terminated an agreement through which the Chilean has exercised power at the minerals company for the past 12 years.Read More
The latest news and price moves to start the Asian day on Wednesday May 2. Base metals on the London Metal Exchange were split at the close of trading on Tuesday May 1, with copper, zinc and lead ending the day lower due to pressure from a stronger dollar index. Read more in our live futures report.Here are how prices looked at Tuesday's close:Spot zinc concentrate treatment charges...Read More
The first quarter uptick in volatility to global markets presents a bullish case for gold markets.Precious metals streaming companies offer investors a quality contrarian investment vehicle to diversify their portfolio.A bullish case for streaming company Sandstorm Gold can be made on the basis of its strong financials, share price below intrinsic value, and qualitative strengths.Sandstorm faces a...Read More
A few days ago Detour Gold released its 1Q 2018 results; in my opinion, they were very decent.Apart from that, the company changed its mine plan for the years 2019 - 2023; as a result, Detour Gold share prices tumbled.In this article I discuss the latest developments at Detour Gold.In my last article on Detour Gold (OTCPK:DRGDF) I was quite optimistic about this company. Although I pointed out tha...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Will PurcellThe diamond and specialty minerals stocks box score for Tuesday was a poor 54-99-141. The TSX Venture Exchange fell eight points to 775 while polished diamond prices were flat. Bruce Counts's Lithoquest Diamonds Inc. (LDI) gained two cents to 53 cents...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterThe TSX Venture Exchange fell 8.17 points to 775.46 Tuesday. Randy Chou's shell graduate, Nubeva Technologies Ltd. (NBVA: $1.50), is selling $3-million (U.S.) worth of tokens in Singapore. The company has been trading for just under tw...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterNew York spot gold fell $10.90 to $1,304.00 on Tuesday. The TSX Venture Exchange fell 8.17 points to 775.46 while the TSX Gold Index added 1.30 points to 189.46. Detour Gold Corp. (DGC), a $15 stock last week and a $9 one this week, fi...Read More
The latest news and price moves to start the Asian day on Wednesday May 2. Base metals on the London Metal Exchange were split at the close of trading on Tuesday May 1, with copper, zinc and lead ending the day lower due to pressure from a stronger dollar index. Read more in our live futures report.Here are how prices looked at Tuesday's close:Spot zinc concentrate treatment charges...Read More
please donate and show love http://www.sotofund.medonate at http://www.paypal.me/tommysotomayordonate video indiegogo https://igg.me/at/JGNWYkYU0r0follow me on instagram at http://www.instagram.com/mrkingofcont...Become a patreon https://www.patreon.com/sotovision1click here to buy original music from tommy sotomayor https://tommysotomayor.bandcamp.com/follow me on instagram at http://www.instagra...Read More
Gold has dipped sharply in recent days because of easing geopolitical tensions, subsiding fears of a trade war between the U.S. and China, and renewed optimism in the outlook for the global economy. The lustrous yellow metal has fallen by 3% since hitting a 2018 high of US$1,364.40 per ounce in late January to be trading at US$1,307 per ounce. While it may soften further, there are signs that gold...Read More
Swedish utility Vattenfall has signed contracts - the values of which have not been disclosed - for the supply of fuel assemblies for units at the Forsmark and Ringhals nuclear power plants. France's Framatome is to supply fuel for Forsmark 3 and Ringhals 3 and 4, while US-Spanish joint venture GNF Enusa will produce fuel for Forsmark 1 and 2.Framatome is to supply fuel to Ringhals 3 and 4 (Image:...Read More
Base metals on the London Metal Exchange were split at the close of trading on Wednesday May 2, with aluminium and nickel prices climbing more than 2%. Aluminium's three-month price made the largest gains over the afternoon, reaching a high of $2,330 per tonne and closing 2.6% higher. Despite continued volatility, the price has held above $2,200 per tonne.News today of the United States' extension...Read More
Metals market veteran Michael Hutchinson has joined the board of Switzerland-based Tiberius group as non-executive chairman, Tiberius told Metal Bulletin on Wednesday May 2. "Mike is an experienced and very successful metal man who will help us achieve our ambitious growth targets," Chris Eibl, founder and chief executive office of Tiberius, said. "He has tremendous amounts of knowledge in all are...Read More
Refining charges (RC) for blister copper, a substitute for copper scrap in refined production, fell in April following a drop in scrap imports into China. Metal Bulletin assessed RCs for 98-99% blister copper on a cif China basis at $225-245 per tonne on Monday April 30, down $5 month on month, with several spot deals of African tonnages settled within the range. A cif Shanghai blister copper...Read More
Refining charges (RC) for blister copper, a substitute for copper scrap in refined production, fell in April following a drop in scrap imports into China. Metal Bulletin assessed RCs for 98-99% blister copper on a cif China basis at $225-245 per tonne on Monday April 30, down $5 month on month, with several spot deals of African tonnages settled within the range. A cif Shanghai blister copper...Read More
Examples of visible gold from Marathon Gold's Valentine Lake Project in Newfoundland. Source: Marathon Gold Corp.Marathon Gold Corp. [MOZ-TSX; MGDPF-OTC] has boosted gold ounces and grade at its 100%-owned Valentine Lake Project in Newfoundland.The resources were revised as part of a soon to be released preliminary economic assessment (PEA), expected in the second quarter of 2018. The new measured...Read More
Ackroo Inc. (TSXV:AKR), a marketing technology stock, climbed after announcing record first-quarter revenueSean Mason | May 2, 2018 | SmallCapPowerRecord revenue and a first-ever profit powered a marketing technology stock higher Wednesday. Here's some small stocks making big moves on Wednesday, May 2, 2018 (as of 4 pm EST):Ackroo Inc. (TSXV:AKR), a marketing technology stock, jumped 13% to $...Read More