Recent News

Bitcoin Gold price analysis: BTG/USD shows strong rebound; upside capped by descending channel

April 26, 2019 / www.fxstreet.com

Bitcoin Gold rebounds 8.17% on Friday after the sudden widespread crypto selloff. BTG is the strongest daily gainer following a formidable rebound from the intraday low. The cryptocurrency market is dealing with the aftermath of the allegations facing Tether (USDT) and Bitfinex following a new filing by the New York Attorney General’s office. The two entities are accused of covering up a s...Read More

Peru's Volcan says COSCO Shipping set for $3B port construction deal

April 26, 2019 / www.mining.com

China's COSCO SHIPPING Ports Ltd is set to sign a $3 billion deal with Peru's Volcan Compania Minera to invest in the port of Chancay on the South American country's Pacific coast next month, Volcan chairman said on Friday.COSCO SHIPPING Chairman Xu Lirong will attend a signing ceremony for the deal mid-May at the Presidential Palace in Lima, Volcan Chairman Jose Picasso Salinas told Reuters on th...Read More

Gold pushing against $1,280

April 26, 2019 / www.fxstreet.com

Markets Earnings Oil Gold Europe lower as earnings season comes into focus It’s been a slightly negative end to the week in Europe, with indices marginally in the red, while US futures are once again looking mixed as we await more earnings reports. Earnings is very much front of mind right now, with central banks around the world having adopted a far more dovish approach in anticip...Read More

Aurubis lowers outlook on slower economy, shares slump

April 26, 2019 / www.mining.com

Aurubis, Europe's largest copper producer, on Friday cut its annual targets, citing factors such as a slower economy and maintenance shutdowns, sending its shares sharply lower. Aurubis now expects operating pretax earnings in its fiscal 2018/19 to decrease by more than 15% compared to the previous year. In February, Aurubis had forecast full-year operating earnings before tax to be "moderately lo...Read More

Aurubis lowers outlook on slower economy, shares slump

April 26, 2019 / www.mining.com

Aurubis, Europe's largest copper producer, on Friday cut its annual targets, citing factors such as a slower economy and maintenance shutdowns, sending its shares sharply lower. Aurubis now expects operating pretax earnings in its fiscal 2018/19 to decrease by more than 15% compared to the previous year. In February, Aurubis had forecast full-year operating earnings before tax to be "moderately lo...Read More

Will Fed’s New Balance Sheet Policy be a Reason to Buy Gold?

April 26, 2019 / www.fxstreet.com

As always, most analysts focus not on what they really should. After March FOMC meeting, everyone was talking about the more dovish dot-plot. But the Fed also announced that it will end the unwinding of its balance sheet in September. As these changes are revolutionary and may entail potentially huge consequences for the precious markets, we invite you to read our today’s article about the n...Read More

Going Dutch on clean energy? Polluters push for state to split the bill

April 26, 2019 / www.mining.com

In a meeting at the economic affairs ministry in The Hague late last year, Tata Steel's Dutch chief Theo Henrar pledged he would spend hundreds of millions of euros to cut factory emissions - on condition the government invested a similar amount.The proposal from the industrial giant, which has not been made public, comes against the backdrop of global wrangling between governments and corporation...Read More

Dow Futures Down as Intel, Exxon Weigh

April 26, 2019 / www.schaeffersresearch.com

The SPX and NDX are signaling lower starts, tooIt's a busy morning on Wall Street, with traders eyeing another round of blue-chip earnings.Intel (INTC) stock is bracing for a big drop on the chipmaker's weak outlook, and oil major Exxon Mobil (XOM) is also lower after earnings. Elsewhere, traders are digesting the the latest gross domestic product (GDP) reading, which showed the U.S. economy grew...Read More

Gold spot ($) Intraday: Further advance

April 26, 2019 / www.fxstreet.com

Gold spot ($) Further advance.     Stay on top of the markets with Swissquote’s News & Analysis   Pivot (invalidation): 1276.00 Our preferenceLong positions above 1276.00 with targets at 1285.00 & 1287.00 in extension. Alternative scenarioBelow 1276.00 look for further downside with 1273.00 & 1270.00 as targets. CommentThe RSI is bullish and calls for further u...Read More

ZEN runs environmental baseline studies for Ontario graphite project

April 26, 2019 / www.mining.com

ZEN Graphene Solutions (TSXV: ZEN) reported this week that it is collaborating with Constance Lake First Nation to incorporate traditional knowledge into the environmental baseline studies for its Albany graphite project near Thunder Bay, Ontario.In a press release, ZEN said that the studies are already underway and, together with social baseline assessments, they will be an important input into...Read More

ZEN runs environmental baseline studies for Ontario graphite project

April 26, 2019 / www.mining.com

ZEN Graphene Solutions (TSXV: ZEN) reported this week that it is collaborating with Constance Lake First Nation to incorporate traditional knowledge into the environmental baseline studies for its Albany graphite project near Thunder Bay, Ontario.In a press release, ZEN said that the studies are already underway and, together with social baseline assessments, they will be an important input into...Read More

Delrey to start exploring three vanadium properties in BC

April 26, 2019 / www.mining.com

Delrey Metals (CSE: DLRY) announced that it has mobilized a team of exploration geologists and samplers to its wholly-owned Star, Porcher and Blackie properties located near Prince Rupert, British Columbia.In a press release, Delrey said the crew will be ground-truthing several kilometre-scale, high amplitude magnetic anomalies highlighted by the recently completed high-resolution geophysical surv...Read More

Delrey to start exploring three vanadium properties in BC

April 26, 2019 / www.mining.com

Delrey Metals (CSE: DLRY) announced that it has mobilized a team of exploration geologists and samplers to its wholly-owned Star, Porcher and Blackie properties located near Prince Rupert, British Columbia.In a press release, Delrey said the crew will be ground-truthing several kilometre-scale, high amplitude magnetic anomalies highlighted by the recently completed high-resolution geophysical surv...Read More

UPDATE 2-Russian central bank holds rates, signals looming cut

April 26, 2019 / www.kitco.com

* Central bank holds rate at 7.75 pct, as expected * Bank says inflation peaked, on track to slow* Interest rate cut possible in Q2-Q3 - central bank * Next rate-setting meeting on June 14 (Adds detail, analyst comments)By Gabrielle T?(C)trault-Farber and Andrey OstroukhMOSCOW, April 26 (Reuters) - Russia's central bank held itskey interest rate at 7.75 percent on Friday in line with marketexpecta...Read More

Australian junior Aurelia goes after Glencore copper mine

April 26, 2019 / www.mining.com

Australian exploration and development Aurelia Metals (ASX:AMI) said on Friday it has begun discussions with miner and commodities trader Glencore (LON: GLEN), which it hoped would lead to the acquisition of the Swiss company's CSA copper mine."The company's high-level assessment is that CSA mine could potentially be a strategic fit for the company, consistent with our general view that further c...Read More

Australian junior Aurelia goes after Glencore copper mine

April 26, 2019 / www.mining.com

Australian exploration and development Aurelia Metals (ASX:AMI) said on Friday it has begun discussions with miner and commodities trader Glencore (LON: GLEN), which it hoped would lead to the acquisition of the Swiss company's CSA copper mine."The company's high-level assessment is that CSA mine could potentially be a strategic fit for the company, consistent with our general view that further c...Read More

Australian junior Aurelia goes after Glencore copper mine

April 26, 2019 / www.mining.com

Australian exploration and development Aurelia Metals (ASX:AMI) said on Friday it has begun discussions with miner and commodities trader Glencore (LON: GLEN), which it hoped would lead to the acquisition of the Swiss company's CSA copper mine."The company's high-level assessment is that CSA mine could potentially be a strategic fit for the company, consistent with our general view that further c...Read More

The Macro View on Gold | Real Vision

April 26, 2019 / www.realvision.com

Tavi Costa, global macro analyst at Crescat Capital, makes his Real Vision debut in style - with a bullish trade idea on precious metals. He highlights why it's finally time for gold to start outperforming, confirms his thesis by examining a variety of macro indicators, and discusses how to play the current setup, in this interview with Jake Merl. Filmed on April 24, 2019.Read full newsRead More

The Macro View on Gold | Real Vision

April 26, 2019 / www.realvision.com

Tavi Costa, global macro analyst at Crescat Capital, makes his Real Vision debut in style - with a bullish trade idea on precious metals. He highlights why it's finally time for gold to start outperforming, confirms his thesis by examining a variety of macro indicators, and discusses how to play the current setup, in this interview with Jake Merl. Filmed on April 24, 2019.Read full newsRead More

Volatility Could Be Brewing For Silver

April 26, 2019 / www.fxstreet.com

With Silver prices continuing to coil, it remains touch and go as to which way it could break. But with volatility seemingly brewing around a pivotal area, when it breaks, it could be hard and fast. Ultimately, we suspect silver’s price action is fast-approaching an inflection point. As Fawad Razaqzada noted yesterday, silver has clearly stalled around an important level...Read More

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