Investing.com - Gold prices moved higher on Thursday, supported by weakness in the dollar and concerns over the eventual U.S.-North Korea summit.Comex gold futures gained $1.30, or around 0.1%, at $1,354.80 a troy ounce by 4:18AM ET (8:18GMT), while the U.S. dollar index, which measures the greenback’s strength against a trade-weighted basket of six major currencies, slipped 0.03% to 89.32.A...Read More
(Adds company news items and futures)April 19 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 6 points higher at 7,323 on Thursday, according to financial bookmakers, with futures FFIc1 up 0.12 pct ahead of the cash market open.* UNILEVER: Unilever ULVR.L , the Anglo-Dutch consumer goods giant, reported first-quarter sales that met expectations, helped by volume gains, and maintained...Read More
April 19 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening 6 points higher at 7,323 on Thursday, according to financial bookmakers.* BHP BILLITON: BHP Billiton BLT.L cut its 2018 fiscal year iron ore output guidance on Thursday citing issues in its railroad car unloading system, while also slightly raising its copper output expectations given higher production at the Escondida mine. ASTRA...Read More
The latest news and price moves to start the Asian day on Friday April 20.Base metal prices on the London Metal Exchange were lower at the close of trading on Thursday April 19 despite aluminium volumes reaching a record-high of 41,000 lots. Read more in our live futures report. Here are how prices looked at Thursday's close:Novelis has said it is no longer purchasing fresh aluminium produced by U...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 Reporter West Texas Intermediate crude for May delivery lost 18 cents to $68.29 on the New York Merc, while Brent for June gained 30 cents to $73.78 (all figures in this para U.S.). Western Canadian Select traded at a discount of $16.65 to WTI...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 $3.90 to $1,345.30 on Thursday. The TSX Venture Exchange lost 0.50 point to 802.10 while the TSX Gold Index added 0.69 point to 192.01. Agnico Eagle Mines Ltd. (AEM) led Canadian gold miners lower. It fell $1.22...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 slipped one-half point to 802.10Thursday. Paul Haber's halted Black Birch Capital Acquisition III Corp. (BBC) has an update on its qualifying transaction (see Shell Summary for Feb. 6, 2018). The company's QT t...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 Thursday was a mediocre 67-84-143. The TSX Venture Exchange fell fractionally to 802 while polished diamond prices were flat. Ken MacNeill and George Read's Star Diamond Corp. (DIAM) traded activ...Read More
The latest news and price moves to start the Asian day on Friday April 20.Base metal prices on the London Metal Exchange were lower at the close of trading on Thursday April 19 despite aluminium volumes reaching a record-high of 41,000 lots. Read more in our live futures report. Here are how prices looked at Thursday's close:Novelis has said it is no longer purchasing fresh aluminium produced by U...Read More
It took Colombian authorities about three hours to be able to dig a back access entrance and free 14 people that were trapped inside a gold mine in the Marmato municipality of the Caldas province.According to the regional Department of Risk Management, Environment and Climate Change, La Socorro's mine main entrance collapsed on Wednesday at around 4 p.m., leaving over a dozen workers trapped insid...Read More
Gold remains largely forgotten, off the radars of most investors. But that's likely to change soon as this leading alternative investment is nearing a major bull breakout. Once gold climbs to decisive new bull-market highs, sentiment will turn and investors' interest will surge. Their resulting buying will rapidly drive gold higher, attracting in more capital inflows. Gold is only a couple m...Read More
MiningFeeds previously wrote about Bonterra Resources (TSX-V: BTR) and its Gladiator Gold Project in Quebec. The company has steadily advanced through an extensive resource development program expand and define its geological resource model for an updated 43-101 Mineral Resource technical report that will likely prove to be significantly larger than its dated 2012 resource estimate. In 2012, usi...Read More
Gold has pulled back in recent days because of easing geopolitical tensions in the Middle East and an increasingly positive global economic outlook. While risks are declining, there is every likelihood that the simmering tensions in the crisis-prone Middle East could come to a boiling point at short notice once again. That would trigger another gold rally, particularly in a global political and ec...Read More
There are many reasons to invest in base metals companies these days. One is the supply constraints that have resulted due to underinvestment in the industry during the downturn, and another is rising demand due to new industries that are emerging and gaining momentum.Let's look at two of the biggest base metals companies whose stocks have rallied big time over the last couple of years, and that c...Read More
Gold remains largely forgotten, off the radars of most investors. But that's likely to change soon as this leading alternative investment is nearing a major bull breakout. Once gold climbs to decisive new bull-market highs, sentiment will turn and investors' interest will surge. Their resulting buying will rapidly drive gold higher, attracting in more capital inflows. Gold is only a couple m...Read More
MiningFeeds previously wrote about Bonterra Resources (TSX-V: BTR) and its Gladiator Gold Project in Quebec. The company has steadily advanced through an extensive resource development program expand and define its geological resource model for an updated 43-101 Mineral Resource technical report that will likely prove to be significantly larger than its dated 2012 resource estimate. In 2012, usi...Read More
Toro Energy Limited (ASX:TOE) is advancing to the next stage of the Beneficiation and Process Design (BPD) studies for its Wiluna Uranium Project in Western Australia.This follows the successful tests in confirming opportunities to substantially reduce the capital and operating costs of the processing facility.The key outcome of the BPD studies to date has been a re-design of the process flow shee...Read More
The US Nuclear Energy Institute (NEI) reported yesterday that coordination among the various entities involved in the development of accident-tolerant fuels (ATF) has "progressed to the point that all stakeholders now agree on the feasibility of a 2023 timeline". Citing speakers at the Nuclear Regulatory Commission's (NRC's) 12 April briefing on ATF, the NEI said US research, development and licen...Read More
Global aluminium billet premiums were mostly higher this month, with US Treasury Department sanctions against Russian aluminium producer UC Rusal impacting the billet market. European premiums were most affected, with Germany and Italy billet premiums climbing by more than 40%. Brazil's import premium climbed to its highest level since December 2015, and the US upcharge hit its all-time high.Rusal...Read More
Glencore-owned Access World has delisted 12 of its 20 London Metal Exchange-registered warehouses in Vlissingen in The Netherlands amid outflows of aluminium stocks after sanctions were imposed by the United States on Russian producer UC Rusal.The LME announced the delisting in a notice to members on Friday April 20. This leaves Access World with just eight LME-listed warehouses in Vlissingen, whi...Read More