But Oracle's bottom-line number was better than expectedOracle Corporation (NYSE:ORCL) is pacing for its third straight quarter of post-earnings losses, with the shares falling 9.3% this morning to trade at $47.15. While the tech giant's sales from its cloud business rose almost 32% during its fiscal third quarter to $1.57 billion, this number fell just shy of estimates. Meanwhile, Oracle's earnin...Read More

(Kitco News) - Gold prices are trading solidly down and hit a three-week low inlate-morning action Tuesday. Gold prices are sliding and have extended modestovernight losses as the U.S. dollar index is sharply higher and is trading atits session high. More technical selling is featured today as the gold marketis now in a near-term price downtrend on the daily charts. Aprilgold was lastdown $10.00 a...Read More

SANTIAGO, March 20 (Reuters) - Workers at Antofagasta PLC's Los Pelambres copper mine in Chile have opted to extend a period of government mediation in an effort to reach agreement on a new labor contract, an industry group said on Tuesday.Workers in the mine's largest union last week rejected an offer for a new labor contract, triggering a period of government mediation and paving the way for an...Read More

Dollar broadly higher ahead of Fed meeting Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitatio...Read More

Gold is on the defensive as traders await the outcomeof a two-day meeting of the Federal Open Market Committee that is expected toresult in a 25-basis-point U.S. interest-rate hike, says George Gero, managingdirector with RBC Wealth Management. As of 10:01 a.m. EDT, ComexApril gold was down $9.10to $1,308.70 an ounce. “Gold sellers return as Fed meeting [begins] and ratehike is apparently th...Read More

Gold is on the defensive as traders await the outcome of a two-day meeting of the Federal Open Market Committee that is expected to result in a 25-basis-point U.S. interest-rate hike, says George Gero, managing director with RBC Wealth Management. As of 10:01 a.m. EDT, Comex April gold was down $9.10 to $1,308.70 an ounce. “Gold sellers return as Fed meeting [begins] and rate hike is apparen...Read More

Oppenheimer thinks Roku's streaming channel is a positive catalystRoku Inc (NASDAQ:ROKU) stock is higher today, up 3.2% to trade at $34.94, thanks to news the streaming TV company's app would be available on select Samsung Smart TVs this summer. This may have promptedan upgrade at Oppenheimer to "perform" from "underperform." The analyst in coverage said Roku's streaming channel is a positive cat...Read More

Dr. Quinton Hennigh reportsNOVO PROVIDES AN EXPLORATION UPDATE FROM COMET WELL Novo Resources Corp. has provided an update of exploration activities at Comet Well, part of Novo's greater Karratha gold project located in the Pilbara region of Western Australia. Trenching, bulk sampling and scout diamond drilling are currently under way, and the first results from recently collected bulk samples are...Read More

Dr. Quinton Hennigh reportsNOVO PROVIDES AN EXPLORATION UPDATE FROM COMET WELL Novo Resources Corp. has provided an update of exploration activities at Comet Well, part of Novo's greater Karratha gold project located in the Pilbara region of Western Australia. Trenching, bulk sampling and scout diamond drilling are currently under way, and the first results from recently collected bulk samples are...Read More

WASHINGTON (Reuters) - President Donald Trump will soon make it easier to export some types of lethal U.S.-made drones to potentially dozens more allies and partners, according to people familiar with the plan.Trump is expected to ease rules for such foreign sales under a long-delayed new policy on unmanned military aircraft due to be rolled out as early as this month, the first phase of a broader...Read More

NEW DELHI (Reuters) - India will bilaterally discuss import curbs on steel with the United States, Trade Minister Suresh Prabhu said on Tuesday, amidst growing concerns of an escalating trade war over tariffs.Prabhu told reporters that the U.S was committed to the World Trade Organisation, even as Washington has raised concerns about the functioning of the WTO and asked for reforms.U.S. President...Read More

Mining companies operating in South Africa, including Anglo American (LON:AAL) and Sibanye Gold (JSE:SGL) (NYSE:SBGL), may soon have to increase their black-owned stakes to 30%, from a previous 26%, but the government is promising to deliver "policy certainty" in return.Newly appointed Minister of Mineral Resources Gwede Mantashe said the key to regain investors and miners confidence in the South...Read More

Mining companies operating in South Africa, including Anglo American (LON:AAL) and Sibanye Gold (JSE:SGL) (NYSE:SBGL), may soon have to increase their black-owned stakes to 30%, from a previous 26%, but the government is promising to deliver "policy certainty" in return.Newly appointed Minister of Mineral Resources Gwede Mantashe said the key to regain investors and miners confidence in the South...Read More

Mining companies operating in South Africa, including Anglo American (LON:AAL) and Sibanye Gold (JSE:SGL) (NYSE:SBGL), may soon have to increase their black-owned stakes to 30%, from a previous 26%, but the government is promising to deliver "policy certainty" in return.Newly appointed Minister of Mineral Resources Gwede Mantashe said the key to regain investors and miners confidence in the South...Read More

Options traders have been growing optimistic toward BB in recent weeksTech stock BlackBerry Ltd (NYSE:BB) is higher this morning, after the company announced another cybersecurity partnership, this time with sector peer Microsoft Corporation (NASDAQ:MSFT). Specifically, BlackBerry will provide security for the blue chip's flagship Office applications that are used by businesses. In reaction, share...Read More

Amur Minerals Corporation's (LON:AMC) chief executive Robin Young tells Proactive he is 'very pleased' with the 50% increase to 1.58mln tonnes at the Russian nickel deposit."For every metre drilled, we have found US$213,000 of metal value while each tonne of nickel has cost just US$35 to discover."The resource is now more than enough for detailed engineering plans and is also of a size t...Read More

By Oliver GriffinGlencore PLC said Tuesday that it has acquired Rio Tinto PLC 82% interest in the Hail Creek coal mine and adjacent coal resources, as well as its 71.2% interest in the Valeria coal resource, for $1.7 billion. The mining company said the remaining 18% of Hail Creek is currently owned by Nippon Steel Australia Pty Ltd, Marubeni Coal Pty Ltd., and Sumisho Coal Development Pty Ltd. E...Read More

BEIJING (Reuters) - China’s steel industry will resolutely respond to any trade action taken by United States, the China Iron & Steel Association (CISA) said on Tuesday as it hailed a climbdown by Washington in an antitrust case.The CISA statement came after the U.S. International Trade Commission (USITC) decided to terminate its investigation into imports of certain carbon and alloy ste...Read More

The Big Board tracker is staring up at its 50-day moving averageWhile the widely followed SPDR S&P 500 ETF (NYSEARCA:SPY) couldn't quite finish last week above its 50-day moving average, the broad-based equity tracker did manage six consecutive closes atop this trendline through Thursday's closing bell, following roughly a month's worth of flailing around this benchmark short-term moving average -...Read More

(Kitco News) - Holdings of gold by global exchange-traded funds have risento a multi-year high, even if the price of the metal has gone the other waylately.Comex April gold was trading at $1,310 an ounce as of 8:30 a.m. EDT.The metal closed at $1,325 last Wednesday, before three straight days of large ETFinflows.Analysts suggested the price dip has encouraged buying ofgold ETFs, as has nervousness...Read More