(IDEX Online) - The World Federation of Diamond Bourses (WFDB) says it is still pursuing its fight against the so-called Belgian Plan, which would route all G7 diamonds through a single entry point in Antwerp.The newest phase of sanctions on Russia diamonds (over 1-ct, cut and polished anywhere) is due to be implemented on 1 March, although details of how it will operate have yet to be made public...Read More
(IDEX Online) - Anglo American is to cut 3,700 jobs in its platinum division after profits plunged. It blames "macroeconomic uncertainty", and a 35 per cent fall in price of platinum group metals (PGM), which are used in catalytic converters as well as jewelry (electric cars don't use catalytic converters).Anglo American Platinum (Amplats) profits for 2023 were down 71 per cent to ?586m...Read More
(IDEX Online) - Lucara yesterday (21 February) announced the recovery of a 320-carat diamond from its Karowe mine, in Botswana, together with a 111-carat stone, and two +50-carat stones.The Vancouver-based miner has now recovered 330 +100-ct diamonds since the mine began commercial production in 2012.The 320-carat recovery is described as "a stunning, gem-quality, top light brown diamond". The oth...Read More
Are stocks presently:A) Severely undervalued...B) Somewhat undervalued...C) Fairly valued...D) Somewhat overvalued... or...E) Severely overvalued?Please select your answer.Yet the devil is in us today. Let us then befuddle, confound and dizzy you with another selection:F) Stocks are obscenely overvalued.What is the answer? You will have it shortly.Let us first look in on the center of our mystery...Read More
My goodness, I didn't have that on my Bingo card. I had just written last week's piece for the Morning Reckoning about opportunity cost.And yet, there was Jon Stewart, back on television in all his glory, getting it completely wrong. I actually smacked my head when I heard his nonsensical outburst. Of course, if it's an outburst nowadays, it's usually about Tucker Carlson.And what did Stewart say...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 64 points at 8:35 AM EST.The Canadian Dollar was unchanged at US74.11 cents following release of Canada's December Retail Sales report at 8:30 AM EST. Consensus was an increase of 0.8% versus a decline of 0.2% in November. Actual was an increase of 0.9%. Excluding auto sales, consensus was an increase of 0.7% versus un...Read More
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Uranium #nuclear #mining Catch our full suite of content below: Website: https://thedeepdive.ca/ Twitter: ...Read More
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Visit MASPRO to Learn More: https://www.maspro.com.au/ Watch Full Interview Here: https://youtu.be/7QhWIES_KaM Mining ...Read More
Visit MASPRO to Learn More: https://www.maspro.com.au/ Watch Full Interview Here: https://youtu.be/7QhWIES_KaM Mining ...Read More
Visit MASPRO to Learn More: https://www.maspro.com.au/ Mining Now Partner CIM | Canadian Institute of Mining, Metallurgy ...Read More
Visit Wajax to Learn More: https://www.wajax.com/ Watch Full Interview Here: https://youtu.be/ddM0AWfn8Gc Mining Now ...Read More
Visit Wajax to Learn More: https://www.wajax.com/ Watch Full Interview Here: https://youtu.be/ddM0AWfn8Gc Mining Now ...Read More
Visit Wajax to Learn More: https://www.wajax.com/ Mining Now Partner CIM | Canadian Institute of Mining, Metallurgy and ...Read More
Tom welcomes back Egon von Greyerz, founder and managing partner at Von Greyerz Gold Switzerland. Egon highlights ...Read More