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
The medium-term outlook for theprecious metals remains bearish, but does this mean we can’t profit onshorter-term moves? Quite the opposite!Precious metals declined yesterday, andso did the general stock market. Is the rally already over?When Iwrote about this rally on May 12, which took place at the same timewhen I took profits from the short positions and entered the long ones, Imentioned...Read More
It's not like one of these things is not like the other, or that one of these things is totally different, but in addition to being a gazillion times better...(by Half Dollar) I've been called many things throughout the years, and a week or so ago I was called a "Welfare Investor".Funny.First things first: I am not on SNAP, EBT, Food Stamps, or whatever else the government is currently calling its...Read More
A crash coming AFTER a 20% decline is WORST CASE SCENARIO and will stress test these markets far beyond their breaking point...by David Morgan of The Morgan ReportNasdaq Secretly Sends A Buy For Silver Now That The NASDAQ Is In A Bear Market | https://www.themorganreport.comA crash coming AFTER a -20% decline is WORST CASE SCENARIO and will stress test these markets far beyond their breaking poin...Read More
Look beyond market approach to project valuations: van ZylLeadershipKumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKropz set to fly after false startSPONSOREDkropzThe firm is focused on funding the development of its Cariboo gold project in central British Columbia, Canada and a feasibility study on track for compl...Read More
Kinross Gold and IAMGOLD were the companies feeling cost pressures the most with AISC up 27.7% and 20.Read More
Copper mine supply in the US is expected to reach 1.52 million tonnes this year, higher than 1.465 million tonnes last year but still short of expected national demand of 2.Read More
RAPAPORT... Sarine Technologies has begun pricing certain diamond scans according to stones' value rather than purely weight, enabling customers to put large but cheap goods through its machines at lower cost.Since the Israeli company launched the Galaxy systems in 2009, it has charged users based solely on the carat weight of the items they scanned, it explained in a statement Sunday.This pr...Read More
Kumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKropz set to fly after false startSPONSOREDkropzBMG returns eye-catching high-grade gold at Abercromby in WASPONSOREDbmgThe S&P/TSX Global Mining Index is, at time of writing, down by 18% over the past month, albeit from the 14-year highs in April.Read More
RAPAPORT... Steven Kaiser, longtime Swiss watch specialist and CEO of Kennedy North America, died suddenly on May 20 at the age of 68.Kaiser's love of timepieces began in 1993, when he took a job as president of luxury Swiss watch brand Baume & Mercier. He spent 16 years at the company, eventually becoming CEO, a spokesperson for his family and colleagues said Sunday. In 2000, after two years...Read More
RAPAPORT... Rapaport Group chairman Martin Rapaport will give a presentation on the loose-diamond and jewelry market at a conference hosted by the Accredited Gemologists Association (AGA).The event will take place in Las Vegas on June 9 prior to the JCK Las Vegas show, AGA said recently. In addition, David Block, the CEO of Sarine Technologies, will give a talk on artificial intelligence (AI) in d...Read More
(IDEX Online) - A rare Cartier art deco emerald and diamond bracelet is expected to fetch up to $1.25m when it is auctioned tomorrow at Bonhams New York.It was made in 1926 and belonged to the American heiress Helene Irwin Crocker Fagan (1887-1966), whose father William G. Irwin made his fortune from the sugar plantations of Hawaii.The bracelet (pictured) was designed as a graduated row of seven r...Read More
(IDEX Online) - High-value Type IIa diamonds have been found during explorations in Canada.Vancouver-based Arctic Star says analysis of a small sample - 12 stones over 0.3mm diameter - showed half were Type IIa.Only two per cent of diamonds globally are Type IIa - the most chemically pure, with no measurable nitrogen or boron impurities. Arctic Star drilled the Sequoia Kimberlite, on the Diag...Read More
(IDEX Online) - De Beers is heading for a bigger market share and an increase of almost 10 per cent in earnings this year, says Morgan Stanley, as sanctions continue to hit rival Russian exports.The UK-based miner is expected to earn $1.2bn before interest, tax, depreciation and amortization (EBITDA), according to the investment management and financial services company. Last year's figu...Read More
(IDEX Online) - Richemont has lost $177m from its withdrawal from Russia.But the Swiss-based company, that counts Cartier, Van Cleef & Arpels, Jaeger-leCoultre and Piaget among its 26 maisons, still saw operating profits more than double for the year to 31 March 2022.It said suspending its commercial activities in Russia accounted for less than two per cent of total sales.Richemont's jewe...Read More
The company noted that the most significant infrastructure being constructed is the filtered tailings facility—which is the first of its kind in Ecuador.Read More
(Updates prices) By Pratima Desai LONDON, May 23 (Reuters) - Copper prices climbed to theirhighest in more than two weeks on Monday, buoyed by declininginventories and a weaker dollar, though gains were capped by thedamage to demand from coronavirus lockdowns in top consumerChina. Benchmark copper on the London Metal Exchange (LME)was up 1.3% at $9,546 a tonne at 1602 GMT. Prices of the metalused...Read More
U.S. equity markets closely are following their historic trend during a U.S. mid-term Presidential Election year: From January to June during the year, investor uncertainty increases following initiation by the President of difficult federal programs (e.g. increases in taxes to pay for new programs). The President's subsequent less favourable political ratings trigger anticipation a loss of at lea...Read More
About 87 years ago, give or take, one of the most successful advertising campaigns in history started.One that both captured and redefined the American zeitgeist - commercial, corporate, and consumer.Here's a classic example...The "Better Living Through Chemistry" slogan lasted until 1982, which speaks to its enduring promise. DuPont was changing life as we knew it, for the better.That made a ton...Read More
Share this article VANCOUVER -Karora Resources Inc. [KRR-TSX, KRRGF-OTCQX] shares rallied in active trading Tuesday after the company said a second declined at Beta Hunt gold mine in Australia is tracking on cost and ahead of schedule.The estimated completion time has now been brought forward to the first quarter of 2023 from mid-2023.Karora shares advanced on the news, rising 10.4% or 50 cents...Read More
Share this article VANCOUVER - Sierra Madre Gold and Silver Ltd. [SM-TSXV, SMDRF-OTCQB] has released the first three holes of its maiden drilling program at the La Tigre gold/silver project in the State of Nayarit, Mexico.Drilling highlights include 32 metres of 1.05 g/t gold equivalent (AuEq) in hole LTDH003 at the El Tigre Mine target, including 4.00 metres of 3.04 g/t AuEq, and 4.45 metres o...Read More