Commodities Buzz: Tinka Resources Announces Positive Results From Preliminary Economic Assessment Of Ayawilca Zinc Zone Project In Central Peru

Tinka Resources Limited has announced positive results from the Preliminary Economic Assessment (PEA) prepared for its 100%-owned Ayawilca Zinc Zone project in central Peru. The PEA was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects by Amec Foster Wheeler Peru S.A. (Wood) as principal consultant, Transmin Metallurgical Consultants, and RPA […]

Government Allows FDI in Palm oil Plantation

As per official data, 100% foreign investment under automatic route has been permitted for palm oil tree plantation since 24.11.2015. The Government is constantly taking various initiatives to boost investments which, inter-alia, include Make-in-India programme, measures to improve ease of doing business, facilitating Micro, Small and Medium Enterprises (MSME), reforms in the Foreign Direct Investment […]

Crude oil futures dip on muted domestic demand

New Delhi: Crude oil futures Wednesday eased by Rs 58 to Rs 3,889 per barrel as speculators reduced their exposure despite a firm trend overseas. On the Multi Commodity Exchange, crude for delivery in July contracts was trading lower by Rs 58, or 1.47 per cent, at Rs 3,889 per barrel in a business turnover […]

Base Metals: Copper, zinc futures down on tepid demand

New Delhi: Copper futures traded lower by 0.51 per cent at Rs 437.10 per kg Wednesday as speculators offloaded their bets to book profits. Besides, subdued demand at the domestic spot market further pushed down metal prices here. On the Multi Commodity Exchange, copper for delivery in July contracts shed Rs 2.25, or 0.51 per […]

Copper Sees Marginal Support

COMEX Copper futures edged up slightly after testing near two week low. Falling bond yields globally and hopes of soft monetary policy in major advanced economies supported sentiments even as global trade concerns stayed around. Chinas private sector expanded marginally in June despite contraction in manufacturing, survey data from IHS Markit showed Wednesday. The Caixin […]

Economic Buzz: Eurozone Private Sector Improves In June

Euro area private sector expanded at a faster than initially estimated pace in June reflecting a pick-up in economic growth in the currency bloc, survey data from IHS Markit showed Wednesday. The final composite output index rose to 52.2 in June from 51.8 in May. The initial score was 52.1. The reading signaled the fastest […]