Canada's Copper Mountain Mining (TSX:CMMC) has completed the acquisition of Australian junior Altona Mining (ASX:AOH) for A$93 million, or about $72 million at today's rates.As part of the deal, each Altona share will be exchanged for 0.0974 Copper Mountain shares, which equates to a 41.7% premium based on closing prices at the time of both companies first agreed on the deal, in November.The m...Read More

Canada's Copper Mountain Mining (TSX:CMMC) has completed the acquisition of Australian junior Altona Mining (ASX:AOH) for A$93 million, or about $72 million at today's rates.As part of the deal, each Altona share will be exchanged for 0.0974 Copper Mountain shares, which equates to a 41.7% premium based on closing prices at the time of both companies first agreed on the deal, in November.The m...Read More

Canada's Copper Mountain Mining (TSX:CMMC) has completed the acquisition of Australian junior Altona Mining (ASX:AOH) for A$93 million, or about $72 million at today's rates.As part of the deal, each Altona share will be exchanged for 0.0974 Copper Mountain shares, which equates to a 41.7% premium based on closing prices at the time of both companies first agreed on the deal, in November.The m...Read More

NEW YORK, April 19 (Reuters) - Interest rates on U.S. 30-year fixed-rate mortgages rose to their highest levels in more than four years in step with a jump in bond yields, Freddie Mac said on Thursday.Thirty-year mortgage rates averaged 4.47 percent in the week ended April 19, which was their highest since January 2014 and above prior week's 4.42 percent, the U.S. mortgage finance agency said. (Re...Read More

KIEV (Reuters) - Ukraine’s Orthodox church could become independent of Moscow under the terms of a presidential initiative lawmakers approved on Thursday, a move that President Petro Poroshenko said would make it harder for Russia to meddle in Ukrainian affairs.Ukraine’s pro-Western leaders have sought step by step to move the former Soviet republic out of Russia’s orbit, after R...Read More

Tommy WilkesLONDON (Reuters) - Foreign exchange trading volumes rose to a record high in the first three months of the year, data showed on Thursday, as a rise in volatility from multi-year lows encouraged more buying and selling of currencies.The numbers released by CLS, a major settler of trades in the foreign exchange market, follows a huge surge in trading on Thomson Reuters’ trading pla...Read More

NEW YORK (Reuters) - The dollar was little changed against a basket of currencies on Thursday as higher U.S. bond yields and expectations of more rate increases from the Federal Reserve offset worries about a trade war and a ballooning U.S. budget deficit.Recent economic data suggested business activities overseas may have peaked. This has reduced the appeal of the euro, yen and other currencies w...Read More

(Bloomberg) - Weir Group Plc plans to acquire U.S. competitor Esco Corp. as the U.K. maker of industrial pumps strengthens its focus on the mining industry in a $1.29 billion deal including debt.Weir rose to the highest in almost three months on Thursday after the Glasgow-based manufacturer said the purchase will produce $30 million in cost savings and add to earnings in its first year. The compa...Read More

(Bloomberg) - The turmoil unleashed by U.S. sanctions against United Co. Rusal kept reverberating through metals markets, sending aluminum and nickel to multi-year highs.Commodities markets have been rocked for the past two weeks by the clampdown on Russia's Rusal, the largest aluminum supplier outside China, setting off a rush for alternative supplies and stirring concern that further U.S. actio...Read More

A bear note from Mizuho is also weighing on AAPLThe U.S. stock market is trading in negative territory this morning, with the Nasdaq suffering the worst of its peers so far. Weighing on the tech-heavy index are sharp drops from iPhone maker Apple Inc. (NASDAQ:AAPL) and graphics card developer NVIDIA Corporation (NASDAQ:NVDA), after Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) warned of w...Read More

WASHINGTON (Reuters) - The biggest danger from the trade dispute between the United States and China is the threat to global confidence and investment, International Monetary Fund Managing Director Christine Lagarde said on Thursday.She said the tensions between the world's two largest economies was a bigger threat to nations' confidence in the global financial order than to gross domestic product...Read More

LONDON (Reuters) - As it prepares to leave the European Union, Britain’s attempts to revitalize links with former colonies at a lavish summit in London have been overshadowed by outrage over Prime Minister Theresa May’s treatment of Commonwealth migrants.Threats to deport some relatives of Caribbean workers who helped rebuild Britain in the decades after World War Two have soured the m...Read More

Mcx Lead – BUY Lead May at CMP 157.90 for Small Target 158.70 with SL below price 157.20AFTER POST CONTENT Read More

LONDON (Reuters) - Last October, at the height of a political crisis in Iraq’s Kurdistan region, a letter arrived at the Iraqi oil ministry in Baghdad from Igor Sechin, head of Kremlin oil major Rosneft (ROSN.MM).The Baghdad government was showing a “lack of constructive position and interest” about Rosneft’s offer to develop southern Iraqi oilfields, Sechin wrote in the le...Read More

Nickel Trading Call – Nickel SELL Call 635 Given at price 1033 hit 1st Target 1023. (CMP 1023.60) Total profit of 9.4 Points per lot635 : Nickel Call - SELL Nickel at CMP 1033 for Target 1023 - 1018 with SL Above price 1038AFTER POST CONTENT Read More

EBAY stock has received at least three bull notes in AprilDespite its two-year run from around $24 to its current perch of $41.59, eBay Inc (NASDAQ:EBAY) stock has long been surrounded by bearish sentiment. So far in April, however, it's been a different story, with a number of analysts weighing in bullishly on EBAY shares. A week ago, KeyBanc initiated coverage on the e-commerce issue with an "ov...Read More

Nickel Call – SELL Nickel at CMP 1033 for Target 1023 – 1018 with SL Above price 1038AFTER POST CONTENT Read More

April 18 (Reuters) - Workers on strike at a mine operated by Iron Ore Company of Canada (IOC) rejected a new labor agreement, minor stakeholder Labrador Iron Ore Royalty Corp said on Wednesday.Shares of Labrador Iron Ore, which has a 15 percent stake in the company, fell 5 percent.Some 1,300 unionized workers walked off the job at the Labrador City mine in Eastern Canada on March 27 after rejectin...Read More

Aluminium Calls – Aluminium BUY positional Call 5ee given at price 156.60 Achieved 1st Target 165 & 2nd Target 168. CMP 174. Total profit of 11.4 Points per lotTIPS ID 5ee : Positional Aluminium - BUY Aluminium at CMP 156.60 for Target 165 - 168 with SL below price 151AFTER POST CONTENT Read More

Ontario is helping communities create jobs and boost economic growth by supporting projects that will revitalize, expand and increase accessibility in the province's Northern tourism sector.Bill Mauro, MPP for Thunder Bay-Atikokan, was in Thunder Bay today on behalf of Michael Gravelle, Minister of Northern Development and Mines, to announce new provincial funding for tourism projects across the N...Read More