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
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
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
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 ($) 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 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 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 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 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
* 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 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 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 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
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
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
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
Australia's federal government has given the go ahead to Cameco's (TSX:CCO, NYSE:CCJ) vast Yeelirrie uranium project, located 500 kilometres north of Kalgoorlie in Western Australia.The country's Department of Environment and Energy environmental nod follows the state's approval of the proposed mine in 2017. That ruling, however, is still being fought in WA's Supreme Court by members of the Tjiwar...Read More
Management believes the company will shine brightly in 2019. Will the first quarter indicate that the company is on its way to making that vision a reality?Read full newsRead More
"Natural Gas: Weekly Injection In Line With Expectations; Bulls Capitalize As Prices Climb Over 1% On Increased Demand https://t.co/G16WekPZUk"Read full newsRead More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average ended lower as shares of 3M (MMM - Get Report) plunged following an earnings miss and after the company said it would cut 2,000 jobs. Shares of Microsoft (MSFT - Get Report) climbed after beating Wall Street's third-quarter earnings expectations. Comcast (CMCSA - Get Report) was rising...Read More