The high-speed sell-off that rattled U.S. stocks during the two-week stretch from late January through early February resulted in a drop of 12.2% for the PowerShares QQQ Trust (NASDAQ:QQQ), measuring from its Jan. 26 intraday peak to its Feb. 9 intraday low. The magnitude of the decline was sufficient to bring QQQ briefly back in touch with a couple of longer-term, "under the radar" daily moving a...Read More

Shares in Mexico-focused precious metals miner Fresnillo (LON:FRES) took a hit Tuesday after the company posted full year profit that missed expectations and anticipated higher costs.The miner, which is the world's largest primary silver producer and Mexico's second largest gold company, said that earnings before interest, tax, depreciation, and amortization increased by 2.7% to $1.06 billion in 2...Read More

Shares in Mexico-focused precious metals miner Fresnillo (LON:FRES) took a hit Tuesday after the company posted full year profit that missed expectations and anticipated higher costs.The miner, which is the world's largest primary silver producer and Mexico's second largest gold company, said that earnings before interest, tax, depreciation, and amortization increased by 2.7% to $1.06 billion in 2...Read More

POSCO, South Korea's largest steel producer, has inked a deal to buy up to 240,000 tonnes of lithium concentrate per year from Australia's Pilbara Minerals (ASX:PLS), securing this way a constant supply of the key material used in the making of electric vehicle batteries.As part of the agreement, the Australian unit of POSCO will pay A$79.6 million (about $62.5 million) for a 4.8% stake in Pilbara...Read More

Pure Gold Mining Inc. is pleased to announce that underground drilling continues to confirm mineralization within the mineral resource and expand the mineralized zones at its 100% owned Madsen Gold... | f?vrier 14,2018Read full newsRead More

Gold has shown weak trending activity despite some "goldbug" predictions. However there are some bullish signals that suggest a slow breakout higher. Daryl Guppy Published 21 Hours AgoUpdated21 Hours AgoCNBC.com The defining feature of the gold price chart is that it has taken so long to go nowhere. Gold appears to have slipped into a zombie state, largely unmoved by a weaker dollar, or interest...Read More

(Adds details)Feb 27 (Reuters) - Precious metals miner Fresnillo Plc on Tuesday posted a 3.2 percent rise in annual profit, helped mainly by a record silver production.Silver production rose 16.6 percent to 58.7 million ounces in the year ended Dec. 31, as the first phase of San Julian silver and gold mine in Mexico operated at full capacity for the first full year.Gold production for the year fe...Read More

Forget cryptocurrency - the next big "gold rush" isn't even on Earth.Read full newsRead More

TORONTO, Feb.26, 2018(GLOBE NEWSWIRE) -- Eastmain Resources Inc. ("Eastmain" or the "Company") (TSX:ER) (OTCQX:EANRF), announces the Company has filed t...Read full newsRead More

Newcrest Mining Ltd:Read full newsRead More

Newcrest Mining Ltd said on Monday it had invested $250 million to buy a 27.1 percent stake in Canadian miner Lundin Gold Inc as the gold major ramps up its exposure to Ecuador to secure growth.The stake is part of a $400 million equity raising by Lundin Gold to fund development of its Fruta del NorteRead full newsRead More

SHANGHAI, Feb 27 (SMM) - SMM expects nickel prices to remain firm in March and stainless steel prices to be rangebound as consumption recovers with low output.We also spoke to a range of market participants in the nickel industry as they weighed in on the market post-Chinese New Year.Nickel ore: Despite a small, expected short-term rise from post-holiday stocking, nickel ore prices is expected to...Read More

SHANGHAI, Feb 27 (SMM) – While not all downstream customers have resumed operations post-Chinese New Year, SMM believes zinc prices would stay firm due to the huge decline in LME inventory.Sources at Chinese miners and smelters were mostly bullish about zinc prices as they believe the domestic zinc concentrate output addition would be limited due to still strict environmental protection poli...Read More

Here Are 3 Hot Things to Know About Stocks Right Now  The Dow Jones Industrial Average and S&P 500 finished higher for the third straight day.Even with its big jump on Monday, the Dow remains more than 900 points from its all-time high set on Jan. 26.Federal Reserve Chairman Jerome Powell on Tuesday will deliver his first testimony before Congress since he took over from Janet...Read More

Gold and oil rise, dollar steady, ruble gains on S&P upgradeFed Chair Jerome Powell is due to speak on Tuesday, ThursdayPaul Richards of Medley Global Advisors and Nick Bennenbroek of Wells Fargo discuss monetary policy expectations.U.S. stocks rose to a nearly four-week high Monday as continuing gains in Treasuries pushed yields further below 2.9 percent, alleviating investor angst that higher ra...Read More

The latest news and price moves to start the Asian day on Tuesday February 27.Lead prices on the London Metal Exchange continued to strengthen, closing 1.4% higher at 5pm London time on Monday February 26 with its cash/three-month spread moving into backwardation. Read more in our live futures report.Here are how LME prices looked at Monday's close:The price difference between lead and zinc on the...Read More

3 Hot Things to Know About Markets Right Now Warren Buffett might have said more than people think in his latest annual letter to Berkshire Hathaway (BRK.A) shareholders.General Electric (GE) will take a big profit hit as it restates its earnings for 2016 and 2017.Jefferies says it only sees the S&P 500 rising 3.9% this year to 2,855.  Market Snapshot U.S. stocks are set to extend last...Read More

The latest news and price moves to start the Asian day on Tuesday February 27.Lead prices on the London Metal Exchange continued to strengthen, closing 1.4% higher at 5pm London time on Monday February 26 with its cash/three-month spread moving into backwardation. Read more in our live futures report.Here are how LME prices looked at Monday's close:The price difference between lead and zinc on the...Read More

This month's stock market correction is still fresh in everyone's mind. Many have even begun to wonder if the era of dark money was truly over.How will the recent correction affect the Fed's dark money policies?The consensus explanation for the correction was that inflation was rising and that would precipitate faster rate increases. The Feb. 2 unemployment report gave the impression that higher...Read More

Markets were up again big today and volatility was down. But we haven't seen the last of rising volatility, nor of the central banks' attempts to thwart it.This week, new Fed Chair Jerome Powell will be giving his first congressional testimony, and you can be sure that markets are waiting on his words with bated breath.Before his testimony, the Fed will be releasing its Monetary Policy Report, whi...Read More