(Bloomberg) - Mining companies in Ivory Coast called for talks with the government after it discontinued a tax exemption for industrial and commercial benefits.The measure would affect companies' "financial equilibrium" and could hurt foreign investment in the West African nation, an industry body representing the companies, known by its French acronym GMPCI, said in a statement published in the...Read More

However, Facebook continues to weigh on techThe Dow Jones Industrial Average (DJI) is higher at midday, just as the two-day Fed monetarypolicy meeting kicks off. While the central bankers won't emerge until tomorrow, Wall Street is expecting new Fed Chair Jerome Powell to announce a rate hike. Oil prices, meanwhile, are lifting energy stocks, with front-month crude up 2.4% at $63.55 per barrel. H...Read More

GENEVA (Reuters) - The United States has rejected European Union proposals for an alternative to U.S. safeguard tariffs imposed on solar power goods, the two trading powers said in a joint filing published by the World Trade Organization on Tuesday.They also said they had not reached any agreement on U.S. compensation for its tariffs, but they would monitor the impact on trade flows and continue d...Read More

Tips for Zinc – SELL Zinc at CMP 212.20 for Target 210.60 – 210.0 with SL Above price level 213.30. RISK Taker trade 2 lotsAFTER POST CONTENT Read More

WASHINGTON (Reuters) - U.S. congressional leaders worked to finalize a massive federal spending bill on Tuesday to finance the government through September and prevent a government shutdown before funding runs out late Friday, as an approaching winter storm threatened to snarl Washington.U.S. House Speaker Paul Ryan said he expected lawmakers to finish writing the $1.2 trillion bill later on Tuesd...Read More

BRUSSELS (Reuters) - Euro zone consumer confidence was unchanged in March, figures released on Tuesday showed.The European Commission said a flash estimate showed euro zone consumer morale was 0.1 points, the same as in February. Economists polled by Reuters had on average expected a figure of 0.0.In the European Union as a whole, sentiment was also unchanged, at -0.3 points.Uncertainty about poss...Read More

Steve Hughes, VP of exploration at Asiamet Resources Limited (LON:ARS), tells Proactive ongoing resource delineation drilling at the BKZ prospect in Indonesia is continuing to intersect high-grade polymetallic and copper-silver mineralisation.Hughes adds they're in talks with a couple of drill contractors and are looking to have a second rig at Beutong within around 30 days to expand the programme...Read More

(Kitco News)- Gold has fallen to a three-weeklow as the Federal Reserve starts a two-day monetary policy meeting; however,one bullion firm said that it sees some buoyancy in the precious metals,despite the threat of higher interest rates.Although gold prices are testingsupport just above $1,300 an ounce, analysts at Degussa said that the currentprice could represent an attractive entry point for i...Read More

The FOMC members will gather today for a two-day meeting. It will be the most important event this week, since Powell will chair the meeting for the first time. Gold investors want to get to know him better as the uncertainty makes them a bit nervous. What should we expect from the new Fed Chair?First FOMC meeting under Powell as ChairDo you remember your first bike ride? Or the first date - and k...Read More

Gold shows firmness in the face of a news-driven stock market sell-off.This is near-term promising, but gold needs a bit more improvement.Gold's relative strength line and the U.S. dollar are two keys to watch. Gold prices posted a decent showing Monday in the face of weakness in the U.S. equity market. After hitting its lowest in more than two weeks, the gold price rose on Monday ahead of thi...Read More

LUSAKA, March 20 (Reuters) - Zambia expects to produce more than one million tonnes of copper this year after revising its 2017 copper production upwards on the back of stabe power supply, a senior ministry of mines official said on Tuesday.Rising copper prices were also expected to boost revenue collection in Africa's No.2 producer of the metal, which ranks exports of the metal as its biggest exp...Read More

NEW YORK (Reuters) - As a senior vice president at Wachovia and then Morgan Stanley during the dark months of the 2008 and 2009 financial crisis, Derek Peterson watched as colleagues lost their jobs and life savings and wondered if he was next.At the time, he was managing approximately $120 million in client assets, but was growing disenchanted with what he saw as a U.S. stock market driven by hig...Read More

NEW DELHI (Reuters) - Nearly 50 countries expressed concern on Tuesday about the “serious threat” to the World Trade Organisation posed by unilateral trade actions, a pointed reference to U.S. import tariffs that have caused a global outcry.Delivering concluding remarks after a two-day informal meeting of the WTO members in New Delhi, Indian Trade Minister Suresh Prabhu did not refer t...Read More

   •  A goodish pickup in the USD demand prompts some fresh selling.   •  Rising US bond yields/fading safe-haven demand add to the selling pressure.   •  Wednesday’s FOMC decision should help determine the near-term trajectory. Gold extended its steady decline through the mid-European session and dropped to fresh session lows in th...Read More

WASHINGTON (Reuters) - U.S. House Speaker Paul Ryan on Tuesday said he has been assured that fellow Republican President Donald Trump is not considering firing U.S. Special Counsel Robert Mueller.FILE PHOTO: Special Counsel Robert Mueller leaves the U.S. Capitol Building after meeting with members of the Senate Judiciary Committee in Washington, U.S., June 21, 2017. REUTERS/Aaron P. Bernstein"The...Read More

The auto industry is "waking up too late" to the fact that China will hold most of the world's supply of battery raw material cobalt, Ivan Glasenberg, CEO of top producer of the metal Glencore, said on Tuesday according to a Reuters report."If cobalt falls into the hands of the Chinese, yeah you won't see EVs being produced in Europe etc. They are waking up too late ... I think it's because the ca...Read More

(The opinions expressed here are those of the author, a columnist for Reuters)By Andy HomeLONDON, March 20 (Reuters) - The last British tin mine closed in 1998.When South Crofty ceased operating, it brought the curtain down on two millennia of tin mining in the southwestern county of Cornwall.However, hope springs eternal in Poldark country, as the region has been dubbed after the hugely successfu...Read More

FB shares tend to suffer after steep one-day dropsThe shares of social media stock Facebook Inc (NASDAQ:FB) plummeted on Monday, suffering their worst one-day loss since March 2014. The ripple effects of the company's data-mining scandal could be felt across the tech sector, dragging FAANG stocks and the Nasdaq into the red, and sending Wall Street's "fear gauge" soaring. What's more, if past is p...Read More

LONDON (Reuters) - Global investors were crowded into so-called FAANG and BAT tech shares in March and continue to cling to equity holdings despite fears of trade wars and growth slowdown, Bank of America Merrill Lynch’s latest monthly survey showed on Tuesday.The survey of fund managers running $579 billion worldwide was conducted March 9-15 and showed that investors were likely heavily exp...Read More

WASHINGTON (Reuters) - U.S. House Speaker Paul Ryan said he expected to finalize a giant federal government spending bill later on Tuesday that would providing funding through the end of September.Separately, U.S. Senate Democratic Leader Chuck Schumer said he hoped a deal can be reached this week on the funding measure, which Congress must pass by midnight Friday to prevent government shutdown.Re...Read More