Key News Overnight:
Most U.S. equity benchmarks declined amid thin volumes Thursday as investors cast an eye toward the start of earnings season
The continuing lack of clarity as to whether the U.S. and China are close to a trade deal and other geopolitical risks weighed on base metals. The two countries have agreed to open “enforcement offices” to make sure they each live up to the terms of a deal, but a trade agreement remains under negotiation
Oil suffered its worst loss in more than a month as burgeoning U.S. crude supplies and a cautious view on demand flashed warning signs for traders
Two small U.S. uranium producers, Energy Fuels Inc. & Ur-Energy Inc., feel confident enough of having convinced the Trump administration to impose limits on imports of the radioactive metal that they’ve begun expanding their mines
Gold headed for the biggest decline in two weeks after stronger-than-expected U.S. data eroded the case for the U.S. Federal Reserve to cut interest rates, reducing bullion’s appeal as a store of value
In This Issue:
OZ Minerals (OZL) | March Q Results | BUY | Analyst | Matthew Keane
Pantoro Ltd (PNR) | Taking the bull by the horns – Initiating Coverage | BUY | Analyst | James Wilson
Gascoyne Resources | Operational Update | SPEC BUY | Analyst | James Wilson
Thermal Coal: Price Performance Divergence Between Chinese & Seaborne Markets | Analyst | Helen Lau
Recent Research:
Pantoro Ltd (PNR), Stanmore Coal (SMR), Myanmar Metals (MYL)
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