Recent News

Dow and S&P 500 Finish Higher Amid Strong Corporate Earnings - TheStreet

April 26, 2018 / www.thestreet.com

Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average finished higher after closing lower for five straight sessions. Boeing rose 4% after reporting better-than-expected quarterly earnings.Twitter fell 1.9% even after posting earnings that beat analysts' estimates. Wall Street Overview Stocks fluctuated on Wednesday, April 25, following stronger-than-ex...Read More

Macro Roundup (Apr 26)

April 26, 2018 / news.metal.com

SHANGHAI, Apr 26 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightAs US treasury yields continued their upward movement, the US dollar index hit a three-month high and closed at 91.25 overnight.Base metals performed weakly under pressure. LME and SHFE zinc tumbled over 2% as LME inventories jumped 15.5%. SHFE aluminium and tin inched up b...Read More

Macro Roundup (Apr 26)

April 26, 2018 / news.metal.com

SHANGHAI, Apr 26 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightAs US treasury yields continued their upward movement, the US dollar index hit a three-month high and closed at 91.25 overnight.Base metals performed weakly under pressure. LME and SHFE zinc tumbled over 2% as LME inventories jumped 15.5%. SHFE aluminium and tin inched up b...Read More

Gold Continues to Fall as U.S. Dollar Surges

April 26, 2018 / in.investing.com

Investing.com - Gold fell on Wednesday, driven lower by a rising U.S. dollar and bond yields.Comex gold futures for June delivery were down 0.86% to $1,321.60 a troy ounce as of 10:26 AM ET (14:26 GMT).The price of bouillon was driven lower by the rise in the greenback. The U.S. dollar index, which measures the greenback’s strength against a basket of six major currencies, rose 0.43% to 90.9...Read More

Gold Prices Hit by Stronger Dollar, Rising Treasury Yields

April 26, 2018 / in.investing.com

Investing.com - Gold prices fell on Wednesday, nearing their recent two-week lows as a stronger dollar and rising Treasury yields weighed on demand for the precious metal.Gold futures for June delivery on the Comex division of the New York Mercantile Exchange were down $7.30 or 0.54% to $1,325.90 a troy ounce by 04:41 AM ET (08:41 AM GMT), within easy reach of the two-week low of $1,323.80 set on...Read More

ASIAN MORNING BRIEF 26/04: LME base metals mixed; Aluminium market panic subsides amid loosening in sanctions; Giannini leaving Gerald Group

April 26, 2018 / www.metalbulletin.com

The latest news and price moves to start the Asian day on Thursday April 26.Base metals on the London Metal Exchange were mixed at the close of trading on Wednesday April 25, with zinc falling nearly 2.5% after a 30,075-tonne delivery into Antwerp rattled price sentiment. Read more in our live futures report.Here are how prices looked at Wednesday's close:Comex copper prices dipped in morning...Read More

Energy Summary for April 25, 2018

April 26, 2018 / www.stockwatch.com

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 Reporter West Texas Intermediate crude for June delivery gained 35 cents to $68.05 on the New York Merc, while Brent for June gained 14 cents to $74.00 (all figures in this para U.S.). Western Canadian Select traded at a discount of $18.85 to...Read More

Diamond & Specialty Minerals Summary for April 25, 2018

April 26, 2018 / www.stockwatch.com

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 Wednesday was a discouraging 52-99-143. The TSX Venture Exchange fell five points to 783 while polished diamond prices were flat. Ken MacNeill and George Read's Star Diamond Corp. (DIAM) lost one...Read More

Gold Summary for April 25, 2018

April 26, 2018 / www.stockwatch.com

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 $7.20 to $1,322.60 on Wednesday. The TSX Venture Exchange fell 5.45 points to 783.79 while the TSX Gold Index lost 1.11 points to 191.12. Detour Gold Corp. (DGC) led Canadian gold miners lower, dropping 37 cents...Read More

Shell Summary for April 25, 2018

April 26, 2018 / www.stockwatch.com

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 Reporter The TSX Venture Exchange lost 5.45 points to 783.79 Wednesday. Emprise Capital Corp. has listed two capital pool shells: ECC Ventures 1 Corp. (EONE: $0.15) and ECC Ventures 2 Corp. (ETWO: $0.15). Each shell sold a $200,000 initial pub...Read More

Gold Mining Stocks: Huge Upside As Premium Valuations Will Return

April 26, 2018 / seekingalpha.com

Gold companies have historically traded at very high premiums compared to your average stock.The current valuations of these gold mining stocks are far below where they were 10-15 years ago.The chart of GDXJ shows that gold miners are on the verge of a return to those premium valuations.When I first began to heavily research the gold and silver mining sector back in 2003-2004, one of the things I...Read More

Kirkland Lake Gold Is Firing On All Cylinders

April 26, 2018 / seekingalpha.com

Kirkland Lake Gold just finished a phenomenal year production-, exploration- and financial-wise - and was the top performing stock on the TSX in 2017.However, Kirkland is on the verge of an incremental jump in production and cash flow late this year with the stoping of the Fosterville's Swan zone.Kirkland is on its way to realizing a free cash flow yield in the low-teens in 2019.Kirkland could...Read More

ASIAN MORNING BRIEF 26/04: LME base metals mixed; Aluminium market panic subsides amid loosening in sanctions; Giannini leaving Gerald Group

April 26, 2018 / www.metalbulletin.com

The latest news and price moves to start the Asian day on Thursday April 26.Base metals on the London Metal Exchange were mixed at the close of trading on Wednesday April 25, with zinc falling nearly 2.5% after a 30,075-tonne delivery into Antwerp rattled price sentiment. Read more in our live futures report.Here are how prices looked at Wednesday's close:Comex copper prices dipped in morning...Read More

Federal Council rejects mining referendum in Colombian town

April 26, 2018 / www.mining.com

Colombia's State Council revoked a provincial judgment that allowed for a mining referendum in the municipality of Une, located in the central Cundinamarca state. According to W Radio, the council endorsed a plea introduced by mining workers against a ruling by the Cundinamarca Administrative Court, which declared constitutional the question that was going to be asked to Une residents regarding wh...Read More

2 Miners to Cash In on the Buoyant Outlook for Metals

April 26, 2018 / www.fool.ca

Despite growing Middle East tensions and the threat of a trade war, the outlook for many commodities, including base metals such as copper, zinc, and nickel, remains positive. This can be attributed to the global economic upswing and supply constraints because of a lack of investment in exploration in mine development during the protracted slump in metals.According to a recent report from Bank of...Read More

Why Asset Location Is as Important as Asset Allocation

April 26, 2018 / www.fool.ca

You are probably familiar with the concept of asset allocation, which is to divide your investments between stocks and bonds in a certain proportion to generate a particular return and risk.While asset allocation is important, asset location is also very important if you own both registered and non-registered accounts. Asset location is how you distribute your investments between your registered a...Read More

Philippines to draw up nuclear energy policy

April 26, 2018 / tinyurl.com

The Philippines Department of Energy has submitted its recommendation to the President on the country's nuclear energy policy. The policy will include a decision on the future of the mothballed Bataan nuclear power plant.The mothballed Bataan plant (Image: I Rotaru/IAEA)Energy Secretary Alfonso Cusi was cited as saying by the Business World newspaper that he had "submitted the papers, the policy d...Read More

LIVE FUTURES REPORT 26/04: LME base metals prices mostly in consolidation; aluminium climbs 1.3%

April 26, 2018 / www.metalbulletin.com

Base metal prices on the London Metal Exchange steadied at the close of trading on Thursday April 26, while aluminium climbed 1.3% during the afternoon. "Afternoon news that Oleg Deripaska has no plans to restructure Rusal, sent aluminium prices quickly higher, through $2,300-2,315.20 per tonne area, adding to underlying market volatility and tightening of the spreads," Liz Grant, senior account e...Read More

IAEA reviews safety at South Ukraine unit 3

April 26, 2018 / tinyurl.com

An International Atomic Energy Agency (IAEA) team of experts yesterday completed a review of long-term operational safety at unit 3 at the South Ukraine nuclear power plant. The Pre-SALTO (Safety Aspects of Long Term Operation) team reviewed the plant's organisation and programmes related to long-term operation (LTO), including human resources and knowledge management.The South Ukraine plant (Imag...Read More

EXPERT VIEW: RIBs could be a tasty morsel for the LME

April 26, 2018 / www.metalbulletin.com

While not exactly a "State-Of-The-Union" address this week, the London Metal Exchange's Update Forum in London - open to all - was a useful pit-stop event on what is gearing up to be a busy few months in its unfolding Strategic Pathway. On a widespread and varied menu, LME decisionmakers outlined current thinking and plans across the board. Among these are a couple of potentially tricky initiative...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok