Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
RAPAPORT... A number of large diamonds will feature in a May 2 jewelry sale at Heritage Auctions, including a 21.93-carat stone estimated to fetch up to $250,000.The round brilliant-cut, W- to X-color, VVS2-clarity diamond necklace also has baguette-cut diamonds set into the chain, Heritage Auctions said last week. The piece is owned by a private seller, who will also offer an unmounted round bril...Read More
| ADVERTORIAL | Distinguishing natural diamonds from laboratory-grown stones has been difficult for jewelers. Until now.The Growing Popularity of Laboratory-Grown DiamondsLaboratory-grown diamonds are increasingly available in greater quantities, higher quality and new colors at price points that many find attractive. It is no wonder then that laboratory-grown diamonds are a growing presenc...Read More
RAPAPORT... Titan Company's jewelry revenue declined at the start of 2022 as a fresh coronavirus wave and the Russia crisis dampened consumer spending.Sales for the segment dropped 4% year on year in the fourth fiscal quarter, which ended March 31, the Indian jewelry retailer reported last week. The downturn reflected an unfavorable comparison with a period of strong recovery a year earlier,...Read More
(IDEX Online) - The Responsible Jewellery Council (RJC) has appointed vice chairman John Hall to serve as interim executive director.It follows the resignation on 29 March of Iris Van der Veken, over its failure to take a tougher stance against Alrosa, the miner that is one-third owned by the Russian government.Hall (pictured) was a founding member of London-based watchdog and worked previously as...Read More
The CDE, in suit D-15-2022, clams that extraction of water from the Monturaqui-Negrillar-Tilopozo aquifer has caused a greater decrease in water availability than that which can support the vegetationRead More
Base metals prices on the London Metal Exchange were down across the board on the morning of Monday April 11, while those on the Shanghai Futures Exchange were more mixed.* Rising US 10-year treasuries yields weighing on market sentiment* China’s Covid-19lockdowns affecting logistics and demandBase metalsThree-month base metals prices on the LME were down across the board on Monday morning wi...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 33 points in pre-opening trade. The Shanghai Composite Index dropped 84.72 to 3167.12 following more economic shutdowns triggered by spread of COVID 19 infections Shopify added $7.82 to US$611.00 after the company announced a 10 for 1 stock split.Twitter slipped $0.58 to $45.64 on news that Elon Must will not join its...Read More
With the energy revolution ramping up at an unprecedented pace, the search is on to find and develop the next generation of critical metals deposits feeding into the approaching wall of demand.One company making such progress is York Harbour Metals (TSXV: YORK; US-OTCPK: YORKF), which has completed more than 10,000 metres of diamond drilling at its namesake copper-zinc project in western Newfoundl...Read More
Resource-rich Western Australia has been picked the most attractive region for mining investment in 2021, replacing the U.S. state of Nevada, which fell to the third place in the latest annual survey of mining companies released by the Fraser Institute.Canada's Saskatchewan continues to be on the podium, climbing from a third place overall in 2020 to a second position in the 2021 index, which take...Read More
Sigma Lithium (NASDAQ: SGML, TSXV: SGML) has released an updated Phase 1 feasibility study for its wholly-owned Grota do Cirilo project in Minas Gerais, Brazil, host to the the largest lithium hard rock deposit in the Americas.The Phase 1 study reveals an after-tax net present value of US$1.6 billion, potentially increasing to US$1.9 billion, with an internal rate of return of 424%. The study assu...Read More
The Dow Jones Industrial Average fell 200.76 points or 0.57% to 34,721.12 and the S&P 500 fell 94.36 points or 2.1% over the week to 4,488.28. Shares of Gatos Silver rose 6.3% to US$4.72 as the company released "record silver production" figures from its 70%-owned Cerro Los Gatos mine in Mexico for the first quarter of 2022. Gatos also announced the appointment of Dale Andres, the company's curr...Read More
Over the Apr. 4-8 trading period, the S&P/TSX Composite Index fell 211.25 points or 0.96% to 21,874.35. The S&P/TSX Global Mining Index increased 0.6 points or 0.46% to 129.58 and the S&P/TSX Global Base Metals Index fell 9.25 points or 4.1% to 221.74. The S&P/TSX Global Gold Index rose 8.03 points or 2.2% to 363.36 and spot gold ended the week US$11.1 per oz. higher, or 0.57%, at US$1,941.40 per...Read More
The S&P/TSX Venture Composite Index advanced 22.21 points or 2.6% over the Apr. 4-8 trading session to end at 888.21. The week's most actively traded stock was Pure Gold Mining, which declined 12 ? or 31.9% to end at 25 ?, with 24.9 million shares changing hands. In late March, the junior reported that it would need to raise $50 million within the next six months to continue operating its PureGol...Read More
During a recent press conference, Mexican president Andr?(C)s Manuel L??pez Obrador warned that if Congress does not approve a constitutional reform on electrical matters, following a decision by the Supreme Court of Justice that granted constitutional validity to the new Law on Electrical Power, he will push for a rewrite of the country's Mining Law."In the event that the MPs that represent veste...Read More
A little more than nine months following its initial public offering (IPO), U.S.-focused junior Bradda Head Lithium (AIM: BHL, US-OTCQB: BHLIF) shares continue to fly high following the 65% resource growth at its Basin East lithium project in Arizona.With rising lithium prices, Bradda Head shares trading in London have tripled in value and continues to trade at a relatively high level on heightene...Read More
TSX-listed Thor Explorations' operations at the Segilola gold mine, in Nigeria, performed in line with forecasts for the first quarter of this year and remains on track to meet full-year guidance of between 80 000 oz and 100 000 oz. A throughput of 221 920 t with an average head grade of 3.18 g/t gold, and an overall recovery rate of 94.1%, resulted in gold production of 21 343 oz for the quar...Read More
By Jaime Llinares Taboada Caracal Gold PLC said Monday that its pilot processing plant at the Kilimapesa mine in Kenya has achieved first gold production...Read full newsRead More
Pure Gold Mining (OTCMKTS:LRTNF - Get Rating) had its price objective reduced by Desjardins from C$1.20 to C$0.70 in a research report report published on Friday morning, The Fly reports. Other research analysts have also issued research reports about the company. Stifel Nicolaus raised Pure Gold Mining from a hold rating to a buy rating [...]Read full newsRead More
Pure Gold Mining (OTCMKTS:LRTNF - Get Rating) had its target price cut by Desjardins from C$1.20 to C$0.70 in a research report sent to investors on Friday morning, The Fly reports. A number of other analysts have also weighed in on the stock. Stifel Europe lowered their price objective on shares of Pure Gold Mining [...]Read full newsRead More
Vancouver, British Columbia--(Newsfile Corp. - April 11, 2022) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) (Read full newsRead More