Goldprices traded higher on the day, although theywere limited by a stronger U.S. dollar. The same cannot be said for silver and palladium. Although goldgained 0.21% on the day, those gains were dwarfed in comparison to silver’s2.43% and palladium’s 2.11% daily gain today.Silveropened above its 200-day moving average for the first time since February 1 ofthis year. Although, in the cas...Read More
Researchers with the Ecole Polytechnique Federale de Lausanne in Switzerland discovered that a planetary "embryo" whose size was between Mercury to Mars gave origin to the meteorite fragments that form the Almahata Sitta collection. The pieces were recovered from the Nubian Desert in Sudan a decade ago.Such fragments contained diamonds of some 100-microns in diameter and have been objects of study...Read More
Researchers with the Ecole Polytechnique Federale de Lausanne in Switzerland discovered that a planetary "embryo" whose size was between Mercury to Mars gave origin to the meteorite fragments that form the Almahata Sitta collection. The pieces were recovered from the Nubian Desert in Sudan a decade ago.Such fragments contained diamonds of some 100-microns in diameter and have been objects of study...Read More
LGC Capital Ltd (CVE:LG) CEO John McMullen tells Proactive Investors the investment company specializing in legal medical cannabis is closing a deal with cryptocurrency business Evolution Bnk, based out of Italy.McMullen says Evolution Bnk has devised a novel way of combining a cryptocurrency/cannabis equivalent of production where there is 'growing upstairs' and 'data mining downstairs.'" M...Read More
Zinc Today – Zinc SELL Call 617 given at price 209.75 Triggered SL at Price 210.80. Total 1.05 Points S L hit in Zinc TipsAFTER POST CONTENT Read More
FTSE 100 closes up over 91 pointsInflation falls to 2.5% in MarchPound slidesMiners gainFTSE 100 closed more than 91 points higher, or 1.26%, aided by miners and the weaker pound.The UK index of premier stocks finished at 7,317, while FTSE 250 closed at 20,012 - up by around 182 points, or 0.92%."The FTSE 100 is being helped by the sell-off in sterling. The dip in the pound has made the internatio...Read More
REYKJAVIK (Reuters) - An Icelandic man arrested on suspicion of stealing about 600 computers used to mine the cryptocurrency Bitcoin escaped prison and fled the country on a commercial flight to Sweden, Icelandic state broadcaster RUV said on Wednesday.The same Icelandair flight was also taking Icelandic Prime Minister Katrin Jakobsdottir to a meeting with Indian Prime Minister Narendra Modi in St...Read More
WASHINGTON (Reuters) - The United States hopes to reach a deal on the revamped North American Free Trade Agreement with Mexico and Canada over the next three weeks, CNBC reported on Wednesday.Congressional aides and industry executives who have been briefed by the Trump administration told the cable news channel there was a targeted timeline. Top officials from the three countries were holding mee...Read More
Proctor & Gamble, Philip Morris report dissapointing earningsTreasury yields rise above 2.9 percent; dollar advancesLori Heinel of State Street Global Advisors, and Bloomberg Intelligence's Andrew Cosgrove, discuss metals prices.U.S. stocks fell for the first time in four days as technology shares came under pressure from trade and earnings concerns. Treasuries hit the lowest since February amid a...Read More
PALM BEACH, Fla. (Reuters) - President Donald Trump struck a hopeful note about U.S. trade with Japan on Wednesday at a lunch with the Asian nation’s prime minister, Shinzo Abe, saying he thought the United States would soon be able to trim its trade deficit with the country.“We have a very big deficit and we’re going to weed that down, hopefully get our balance at some point in...Read More
Jonathan SpicerNEW YORK (Reuters) - After a decade of ultra loose policy, the Federal Reserve will likely raise interest rates to a “slightly restrictive” setting in the years ahead as unemployment falls and inflation ticks higher, an influential outgoing Fed official said on Wednesday.New York Fed President William Dudley said he was among the U.S. central bankers last month to mark u...Read More
BHP Billiton Ltd cut its 2018 fiscal year iron ore output guidance on Thursday citing issues in its railroad car unloading system, while reporting an 8 percent rise in third-quarter iron ore production.The miner cut its fiscal 2018 production guidance to between 272-274 million tonnes of iron ore from 275-280 million tonnes.It also narrowed its full-year copper guidance to 1.70-1.785 million tonne...Read More
Sixteen miners are trapped inside a gold mine in Colombia following the collapse of the quarry's entrance. The mine is located in the municipality of Marmato, which belongs to the northwestern Caldas province. The miners are said to be in good health and they are supposed to have enough air to breathe. The regional Department of Risk Management, Environment and Climate Change made public the infor...Read More
Greg Hahn, president and CEO of Arizona Silver Exploration Inc (CVE:AZS, OTCQB:AZASF), discusses with Proactive's Andrew Scott the first encouraging findings from initial geophysical surveying at their new Sycamore Canyon gold-silver property in Graham county.As revealed last month, Arizona Silver's struck a lease with option to purchase agreement for the site, which it believes has 'tremendous' p...Read More
Kerim Sener, managing director of Ariana Resources plc (LON:AAU), tells Proactive Investors they produced 4,866 ounces of gold from the Kiziltepe project in Turkey during the first quarter to March 31 - an 8% increase quarter on quarter.Ariana's expecting to produce 20,000 ounces for the full year.Sener also discusses the recent boost to their resource base at the Tavsan project to 3.98mln tonnes...Read More
A positive round of corporate earnings managed to lift the SPX and Nasdaq Stocks ended a wishy-washy session mixed, with the Dow settling lower following IBM's disappointing earnings. On the other hand, the S&P and Nasdaq managed to eke out daily wins, following a slew of well-received corporate earnings. In addition, energy stocks kept the two indexes afloat, as oil prices surged to a three-year...Read More
The government of new Peruvian President Martin Vizcarra said on Wednesday it would not "impose" mining projects on nearby communities that object to them, but would seek to promote mining investments to take advantage of improved mineral prices.In the past decade, Southern Copper Corp and Newmont Mining Corp have shelved proposed mines in Peru because of opposition from communities worried about...Read More
The government of new Peruvian President Martin Vizcarra said on Wednesday it would not "impose" mining projects on nearby communities that object to them, but would seek to promote mining investments to take advantage of improved mineral prices.In the past decade, Southern Copper Corp and Newmont Mining Corp have shelved proposed mines in Peru because of opposition from communities worried about...Read More
The government of new Peruvian President Martin Vizcarra said on Wednesday it would not "impose" mining projects on nearby communities that object to them, but would seek to promote mining investments to take advantage of improved mineral prices.In the past decade, Southern Copper Corp and Newmont Mining Corp have shelved proposed mines in Peru because of opposition from communities worried about...Read More
Tom Becker, chief executive of Iofina plc (LON:IOF) tells Proactive Investors they maintained iodine production in the latest quarter even with an exceptionally bad US winter and less plants in operation.Two of the plants (IO#3 and IO#5) were offline at the start of the quarter, while parts of the US were hit by one of the coldest winters in living memory.Even so, the group produced 118.2metric to...Read More