* GRAPHIC-2019 asset returns: (Updates with closing prices)By Eric OnstadLONDON, April 23 (Reuters) - Nickel prices hit a two-monthlow on Tuesday on signs of rising supply while the wider marketalso fell on a stronger dollar and uncertainty about the Chineseeconomy.Data showed the deficit in the global nickel market for thefirst two months of the year narrowed sharply to 5,700 tonnes,down from 24,...Read More
Temperatures at the bottom of Australia's deepest gold mine are close to 30 degrees Celsius and the humidity is like something out of the tropics with long shifts making it a tough slog for miners.Read full newsRead More
The next financial bubble burst could be so massive, it even takes out gold. One economist is making a very bold prediction.This man says that the colossal financial bubble that exists in today's economy is stretching closer and closer to its breaking point.And when it does pop -- soon, very soon -- it's not only going to take out the entire stock market... it'll absolutely crush other assets too....Read More
Early 2019 looked like a great set-up for gold, but failed to live up to its billing.Now comes the "sell in May and go away" part of the annual cycle, as Asia's wedding season ends and demand for gold jewelry dries up.But as gold has fallen this month, speculators have fled and the futures structure has turned more positive.The most recent COT report shows speculators cutting their n...Read More
Rio Tinto's (ASX, LON: RIO) iconic Argyle mine in Western Australia has yielded one of the largest rare, gem-quality white diamonds in its 35-year history.The 28.84-carat stone, named Argyle Octavia for its unusual octahedral shape, was found in March, the miner said.The octahedral-shaped 28-carat stone is one of the largest ever produced by Rio Tinto's Argyle diamond mine, located in east Kimberl...Read More
Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF) (the "Company" or "Siyata"), announce that Pelephone, a leading Israeli cellular carrier and provider of "Push-to-Talk" (PTT) communications, has launched the UV350 in-vehicle smartphone and UR7 ruggedized clamshell smartphone.Pelephone continues to establish its leadership in PTT as the premier mobile network provider in Isra...Read More
Published 20 Hours AgoUpdated10 Hours AgoReuters Mariya Gordeyeva | ReutersGold prices fell to a near four-month low on Tuesday as the dollar gained and investors preferred riskier assets, dampening the safe-haven metal's appeal.Spot gold was down 0.6 percent at $1,266.98 per ounce, after falling to its lowest since Dec. 26 at $1,265.90.U.S. gold futures fell 0.7 percent to $1,268.70 an ounce."Go...Read More
The London Metal Exchange (LME), the world's biggest market for industrial metals, said Tuesday it would only allow responsibly sourced brands to trade on the platform from 2022 on, as part of increasing efforts to root out ore mined using child labour.The initiative, one of the first launched by the organization to clean up the global supply chain of all its commodities, will require all listed b...Read More
The London Metal Exchange (LME), the world's biggest market for industrial metals, said Tuesday it would only allow responsibly sourced brands to trade on the platform from 2022 on, as part of increasing efforts to root out ore mined using child labour.The initiative, one of the first launched by the organization to clean up the global supply chain of all its commodities, will require all listed b...Read More
A mining company may look to bring its Nigerian gold project to the London market after securing $78m (£60m) in funding to bring the mine into production.Read full newsRead More
As we wrap up our spring Canadian Insider Research Club membership drive today, I am thrilled to announce the third improvement we have made to Canadian Insider for all our users. In case you missed it, the first big change I wrote about last week was our decision to provide free quantitative INK Edge stock rankings updated monthly for thousands of North American companies. While other sites char...Read More
Bitcoin has enjoyed a YTD of over 40%. Gold has performed poorly and has yielded losses of 0.4%. Thanks to April’s rally, Bitcoin(BTC) has become one of the best-performing assets out there, based on year-to-date (YTD) yield. BTC has outperformed legacy assets like gold, oil, real estate, Nasdaq, etc. Bitcoin Bitcoin’s April rally took it up from $4,130 to $5,300. Since BTC be...Read More
Here Are 3 Hot Things to Know About Stocks Right Now Stocks on Wall Street ended mixed Monday as oil prices rose following a move by the Trump administration to clamp down on Iranian oil exports. Kimberly-Clark KMB climbed after posting stronger-than-expected first-quarter earnings. Boeing (BA - Get Report) shares dipped following a report that foc...Read More
The US copper market began trading in the red on Monday April 22, with market participants bearish despite a softer dollar and growing optimism of a breakthrough in American and Chinese trade talks.The copper price for May settlement on the Comex division of the New York Mercantile Exchange inched down by 1.8 cents to $2.902 per lb. "Risk sentiment has had a negative start despite reports Chi...Read More
Base metals stocks, barring those for lead, held in Shanghai Futures Exchange warehouses declined in the week ended Friday April 19.Copper stocks at SHFE-approved sheds fell by 3.4% or 8,444 tonnes last week to total 236,734 tonnes on April 19, marking the third consecutive weekly decline. Stocks had totaled 261,412 tonnes on March 29.The drawdown in red metal stocks follows the start of the secon...Read More
Base metals traded on the Shanghai Futures Exchange exhibited mixed moves during morning trading on Monday April 22, with volumes limited following the Easter holiday weekend.With a number of markets closed in observance of Easter Monday and the dollar index in relative high ground, the SHFE base metals complex could find no clear direction; copper, zinc and tin prices were weaker, while those for...Read More
Here are five Fastmarkets MB stories you might have missed on Monday April 22 that are worth another look.The US copper market began trading in the red on Monday April 22, with market participants bearish despite a softer dollar and growing optimism of a breakthrough in American and Chinese trade talks. Brazilian steelmaker and miner Usiminas maintained its production target of 7.5-8 mil...Read More
Tungsten concentrate and ammonium paratungstate (APT) prices in China inched down last week, while ferro-tungsten prices in Europe were unchanged in a quiet market. Tungsten concentrate suppliers in China cut offers due to the softening downstream market Chinese APT export price edged down againEuropean APT price rolled over due to Easter holiday Ferro-tungsten prices in Europe unchanged; materia...Read More
An overview of the minor metals markets and the reasons for any price moves.[Note: Minor metals prices in...Read More
The Monday Market Minute Global stocks drift lower as major markets remain closed for Easter observances.Oil prices test six month highs amid reports that U.S. waivers on the purchase of Iranian crude will be lifted next week.China stocks slide despite government reiteration of policy support.Q1 earnings season hits high gear with 155 companies, representing $9 trillion in market value, reportin...Read More