Appetite for copper-mining assets is picking up after prices climbed in 2017 to the highest level in seven years, amid disruptions that worsened a shortfall in supply. The metal rally, however, has weakened since prices climbed to a three-year high in late December, and prices could become volatile unless the industry solves what Colin Hamilton, director of commodities research at BMO Capital Mar...Read More

WASHINGTON (Reuters) - The United States imposed sanctions on Friday against Russian businessmen, companies and government officials, striking at associates of President Vladimir Putin in one of Washington’s most aggressive moves to punish Moscow for a range of activities, including alleged meddling in the 2016 U.S. election.The action, taken under pressure from the U.S. Congress, freezes th...Read More

Appetite for copper-mining assets is picking up after prices climbed in 2017 to the highest level in seven years, amid disruptions that worsened a shortfall in supply. The metal rally, however, has weakened since prices climbed to a three-year high in late December, and prices could become volatile unless the industry solves what Colin Hamilton, director of commodities research at BMO Capital Mar...Read More

The president is considering another $100 billion in tariffs on Chinese productsFutures on the Dow Jones Industrial Average (DJI) are plummeting, with the blue-chip index set to snap its three-day win streak. The S&P 500 Index (SPX) and Nasdaq-100 Index (NDX) are also firmly in the red in electronic trading, after President Donald Trump raised the trade stakes on Beijing last night -- proposing $1...Read More

The Commitments of Traders (CoT) report provides a snapshot of futures positions held by both large and small commercial hedgers and speculators, showing what positions big money traders are taking in a number of financial and commodity markets. This report, released each Friday by the CFTC at 3:30pm EST, allows the small investor to get a glimpse of what larger traders are doing and to possibly s...Read More

The Commitments of Traders (CoT) report provides a snapshot of futurespositions held by both large and small commercial hedgers and speculators, showingwhat positions big money traders are taking in a number of financial andcommodity markets. This report, released each Friday by the CFTC at 3:30pm EST,allows the small investor to get a glimpse of what larger traders are doing andto possibly situat...Read More

(Kitco News) - Gold prices aremodestly higher in early U.S. trading Friday, boosted by a weaker-than-expectedU.S. employment report. June Comex gold futures were last up $4.30 an ounce at$1,332.70. May Comex silver was last up $0.03 at $16.39 an ounce.Thejust-released U.S. employment situation report for March from the LaborDepartment showed the key non-farm payrolls number up 103,000, which was a...Read More

(Kitco News) - Gold prices are modestly higher in early U.S. trading Friday, boosted by a weaker-than-expected U.S. employment report. June Comex gold futures were last up $4.30 an ounce at $1,332.70. May Comex silver was last up $0.03 at $16.39 an ounce.The just-released U.S. employment situation report for March from the Labor Department showed the key non-farm payrolls number up 103,000, which...Read More

WASHINGTON, (Reuters) - The U.S. economy created the fewest jobs in six months in March as the boost from mild temperatures faded, but a pickup in wage gains pointed to a tightening labor market, which should allow the Federal Reserve to raise interest rates further this year.Nonfarm payrolls increased by 103,000 last month as construction and retail sectors shed jobs, the Labor Department said on...Read More

(Reuters) - U.S. stock futures dropped on Friday after the United States and China renewed their trade spat, underpinning fears that the tit-for-tat actions could spiral into a trade war, and ahead of a closely watched monthly jobs data.Globally, stock markets edged downward after President Donald Trump threatened to slap an additional $100 billion in tariffs on Chinese goods and Beijing warned it...Read More

(Kitco News)- Gold prices have pushed into positive territory following the release ofweaker-than-expected U.S. employment data.Friday,The Bureau of Labor Statistics said 103,000 jobs were created in March. Thedata was a big miss as economists were expecting to see job gains of 188,000. Alongwith the disappointment in the headline data, employment numbers for January wererevised lower to 176,000 j...Read More

Unemployment rate holds at 4.1% for sixth straight monthAverage hourly earnings rise 2.7% from a year earlierBill Gross, fund manager at Janus Henderson, discusses the March jobs report and wage growth.U.S. hiring cooled in March following a strong February while wages picked up, returning labor-market progress to a more sustainable pace that keeps the Federal Reserve on track for further interest...Read More

Aboard Air Force One (Reuters) - U.S. President Donald Trump said on Thursday he would take a serious look at policies to address what he says are the unfair business advantages of online retailer Amazon.com Inc (AMZN.O)Speaking to reporters while traveling back to Washington from West Virginia on Air Force One, he accused Amazon of not operating on a level playing field and not paying enough sale...Read More

BRUSSELS (Reuters) - Facebook (FB.O) has confirmed that the data of 2.7 million EU citizens were among those improperly used by political consultancy Cambridge Analytica, the EU executive said on Friday.The European Commission said it received a letter from the social media giant late on Thursday and that it would press for more details, piling pressure on the firm that has lost more than $100 bil...Read More

LONDON (Reuters) - Oil prices fell on Friday after U.S. President Donald Trump’s threat of new tariffs on China reignited fears of a trade war between the world’s two biggest economies.Trump said on Thursday he had ordered U.S. trade officials to consider tariffs on an extra $100 billion of imports from China, escalating tensions with Beijing.“There is a risk for oil prices that...Read More

KUALA LUMPUR (Reuters) - U.S. industrial conglomerate Honeywell International Inc (HON.N) is targeting a roughly 10 percent increase in revenue from Southeast Asia this year, in part boosted by growing defense spending in the region, a company executive told Reuters.The company, which makes everything from jet engines to thermostats, is primed to benefit in the region as China’s territorial...Read More

CERNOBBIO, Italy (Reuters) - A trade war triggered by U.S. tariffs would cause a global recession - and the mere fear of one is already hurting the economy, European Central Bank board member Benoit Coeure said on Friday.Investors have been wondering whether an economic slowdown, aggravated if not caused by global trade tensions, could delay the end of the ECB’s exit from its aggressive mone...Read More

OTTAWA (Reuters) - The United States, Mexico and Canada are “moving forward in a significant way” at talks to modernize the NAFTA trade pact, Canadian Prime Minister Justin Trudeau said on Thursday.Trudeau’s remarks to reporters in Quebec City were the latest in a series of upbeat comments by officials in the three countries about the chances of striking some kind of deal soon on...Read More

Mr. Tony Makuch reports KIRKLAND LAKE GOLD REPORTS STRONG YEAR-OVER-YEAR Q1 PRODUCTION GROWTHKirkland Lake Gold Ltd. had solid quarterly production in the first quarter of 2018. A total of 147,644 ounces were produced in Q1 2018, an increase of 13 per cent from the first quarter of 2017. Q1 2018 production exceeded target levels for the quarter, driven by record monthly production in March of 71,6...Read More

Mr. Tony Makuch reports KIRKLAND LAKE GOLD REPORTS STRONG YEAR-OVER-YEAR Q1 PRODUCTION GROWTHKirkland Lake Gold Ltd. had solid quarterly production in the first quarter of 2018. A total of 147,644 ounces were produced in Q1 2018, an increase of 13 per cent from the first quarter of 2017. Q1 2018 production exceeded target levels for the quarter, driven by record monthly production in March of 71,6...Read More