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 Daily Gold, Released on 6/1/22Over the past 20 years there have been two major points at which a peak in the Oil price corresponded to a significant low in the gold mining stocks. Oil could be breaking out here and if it can push above $115, it has a clear path to $145-$150, the all time high. Oil's term structure suggests it's likely to make a peak over the coming months. Oil peaking and corr...Read More
As month five of this bear market comes to an end, expert Michael Ballanger goes over some bear market stories that left him with battle scars and provides some insight on what to expect in the months ahead. Month five of the Great 2022-202? Bear Market is almost complete so I thought you all might wish to hear a few "war stories" from past bear markets, some of which I endured while none of which...Read More
Outcrop Silver & Gold has a growing high-grade discovery in Colombia and just identified a new, 3.5-meter-wide vein that extends its system to 12 kilometers. The company aims to publish a maiden compliant resource in 2022.Outcrop Silver & Gold Corp. (OCG:TSX.V; OCGSF:OTCQX; MRG1:DE) is advancing exploration on five silver and gold exploration projects with world-class discovery potential in the lo...Read More
With the backing of some heavy hitters in the industry, this company is looking to crack the 120-year mystery of where the major gold deposits are in the Yukon.Yukon gold explorer White Gold Corp. (WGO:TSX.V; WHGOF:OTCQX; 29W:FRA) has announced plans for exploring its 350,000-hectare land package in the White Gold district of the Yukon in 2022.The company will undertake a fully funded CA$6 million...Read More
Some analogies in the gold market thatmay be a hint for investors can be seen right now. If there's a 2008 rerun,what could that mean in the near term?The precious metals market declinedyesterday, and while the move is still small, it’s nice to see that our shortpositions in juniors are already profitable.Something quite interesting happened intheir price movement at the beginning of yesterd...Read More
A comparison of this year’s grocery bills to last year’s yields a simple yet terrifying conclusion: food prices are rising at a rate beyond anyone’s imagination.The Food and Agriculture Organization’s (FAO) food price index, which tracks the price movements of the most commonly traded and consumed food crops, recently reached its highest on record.Most point to the exorbita...Read More
The study will build upon the 22,000 tonnes per day operation detailed in the pre-feasibility study published in January and include a significant amount of work the company was unable to complete inRead More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixChinese Strategic AllianceSPONSOREDxanadu minesAfter what Castillo managing director Dr Dennis Jensen described as a "Herculean effort" by its geologists, the company has announced an inferred 64 million tonnes grad...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixChinese Strategic AllianceSPONSOREDxanadu mines The current resource comprises a skarn component of 6.3 million tonnes grading 5.6 grams per tonne gold equivalent for 1.1 million ounces and 41.4Mt of intrusion/sedim...Read More
Musk's latest salvo against ESG followed a raid by authorities on the Frankfurt offices of Germany's top asset management firm DWS Group on 31 May over greenwashing allegations linked to the firm'sRead More
Look beyond market approach to project valuations: van ZylLeadershipIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixChinese Strategic AllianceSPONSOREDxanadu minesCopper Fox is brim-full of potentialSPONSOREDcopper fox metalsMay has been a busy month with the announcement of the creation of Sandbox in collaboration with Equinox Gold and the earlier deal to buy Nomad Royalties, and t...Read More
Drilling results at Jerritt Canyon included the SMI-LX-1112 drill hole at the Smith/SSX mines which resulted in 8.39 g/tonne of gold over 29.Read More
RAPAPORT... Israel and the United Arab Emirates (UAE) have reached a trade deal that will abolish certain tariffs on diamonds and jewelry.The Comprehensive Economic Partnership Agreement (CEPA) will eliminate customs duties on more than 96% of products across a range of sectors, the countries said Tuesday after signing the document. It will advance bilateral trade beyond $10 billion within fi...Read More
RAPAPORT... Hong Kong's hard-luxury sales saw an upswing in April as the health situation improved and the government released new retail vouchers.Revenue from jewelry, watches, clocks and valuable gifts climbed 14% year on year to HKD 3 billion ($382.7 million) for the month, the municipality's Census and Statistics Department reported Wednesday. The increase comes after two consecutive months of...Read More
RAPAPORT... Dubai-based luxury conglomerate Damac Group has purchased Swiss jeweler De Grisogono in an effort to penetrate new sectors."Keeping in line with our ambitions to expand our business into the luxury and high-end fashion realm, bidding for De Grisogono came to us naturally," Damac founder and billionaire Hussain Sajwani said Tuesday. "A relatively young but established brand, it has imme...Read More
(IDEX Online) - The first steps towards setting up a traceability program have been taken in Democratic Republic Congo (DRC), which dominates the world's supply of diamonds from artisanal and small-scale mining (ASM).A pilot project involving Antwerp World Diamond Centre (AWDC), the DRC mining ministry and tech company Everledger aims to establish a fully transparent value chain in a country...Read More
(IDEX Online) - Foreign sales of Swiss watches slowed in April, as China was hit by Covid lockdowns.Total export revenue was just under $2bn, its lowest since August 2021, according to figures released by the Federation of the Swiss Watch Industry. That's up 7.3 per cent on April 2021.Sales to the US, by far the biggest single market, was up 37 per cent to $335m.But exports to second-pl...Read More
(IDEX Online) - Supermodel Karen Elson is the face of Natural Diamond Council's (NDC) newest campaign.She wears Bulgari, Cartier, Van Cleef & Arpels, Bucherer, Chanel, Gucci, Louis Vuitton, and many more brands in the first ever digital cover for Only Natural Diamonds, the NDC's consumer-facing digital platform.British-born Elson (pictured), 43, also a singer-songwriter, was chosen a...Read More
(IDEX Online) - Raiders fled empty-handed after they were kicked and punched by staff at a jewelry store in California, USA.One of the four robbers smashed a display case with a hammer at the Princess Bride Diamonds, in the Bella Terra shopping mall, Huntington Beach (on Sunday 29 May).But staff, together with the owner's relatives, fought back. One female employee can be seen on CCTV repeate...Read More
Precious metals are the bedrock of the financial world. They have permanent value and are the oldest form of money in the world. If you don’t own physical gold and silver, your investment portfolio lacks a sound foundation. Precious metals are often sought after as a store of permanent value, and as a method of diversifying portfolios.While cash, bonds, stocks and real estate offer investors...Read More