RAPAPORT... BlueRock Diamonds, which owns the Kareevlei mine in South Africa, has sold a 24.98-carat rough diamond for $190,000. The diamond is the largest the company has found from Kareeevlei, signalling potential for other high-value recoveries, chairman Mike Houston said last week. "We continue to make excellent progress implementing our development strategy to increase production and are...Read More
RAPAPORT... US retail sales rebounded in May as the economicand financial outlook stabilized, according to the National Retail Federation(NRF). Total purchase value grew 3.2% year on year, with salesrising in nearly all categories, the trade organization reported last week.Retail sales increased 0.5% over the previous month, after the government revisedits April data. It initially reported a...Read More
Jewelers for Children held its 21st annual Facets of Hope event on June 2, at the Venetian, in Las Vegas. The charity announced that $1.3 million had been raised to support their charity partners in the year ahead, bringing the cumulative total since 1999 to $ 56.7 million that has been donated on behalf of the industry to help children in need. Each year it's amazing how genero...Read More
The Jewelry Industry Summit, a non-profit charitable organization, announced that it is moving its business model to that of a membership-based organization and opening up a range of opportunities for individuals and organizations to align themselves publicly with the vision and goals by becoming a member. The step is in line with its mission to bring the jewelry industry together to advance susta...Read More
The Zimbabwe Independent reported that Alrosa PJSC, the local arm of the Russian diamond mining giant, is yet to finalize its agreement with the Zim government to mine diamonds in the country. Following the government's announcement about Alrosa's arrival five months ago, the company is still to be allocated diamond mining concessions Independent reporter Bridget Mananavire quoted govern...Read More
Mountain Province Diamonds Inc. announced the discovery of a new kimberlite at its Gahcho Ku?? (C) Joint Venture (GKJV) leases. The Wilson kimberlite is located roughly 200 meters east of the Tuzo kimberlite and was discovered during drill testing of geophysical and geological anomalies in the area. The Wilson kimberlite is the first kimberlite to be discovered in the GKJV area in over 20 years, a...Read More
Altech ticks boxes on path to production SPONSOREDaltech chemicalsCanada's highest court has dismissed a First Nation application to overturn earlier judgements by the BC supreme and appeal courts that found against the Tsilhqot'in First Nation's argument the province had breached its duty to consult and accommodate in approving an exploration permit."Getting permission to mine in BC may be diffic...Read More
When most people think of Breckenridge, Colorado they think of a world renowned Ski Resort.BRECKENRIDGE, Colo., June 12, 2019 /PRNewswire-PRWeb/ -- When most people think of Breckenridge, Colorado they think of a world renowned Ski Resort.What most don't know is that the town of BreckenridgeRead full newsRead More
When most people think of Breckenridge, Colorado they think of a world renowned Ski Resort.BRECKENRIDGE, Colo., June 12, 2019 /PRNewswire-PRWeb/ -- When most people think of Breckenridge, Colorado they think of a world renowned Ski Resort.What most don't know is that the town of BreckenridgeRead full newsRead More
Vancouver, British Columbia--(Newsfile Corp. - June 12, 2019) - Crystal Lake Mining Corporation (TSXV: CLM) (OTC PINK: SIOCF) (FSE: SOG-FF) (Read full newsRead More
Gold made gains this week as geopolitical issues continued to concern investors, making precious metals attractive as a safe haven.Read full newsRead More
The gold miners' stocks have surged powerfully over the past few weeks, challenging upleg highs. Traders started returning to this small contrarian sector as gold blasted back above the psychologically-crucial $1300 line. While such early-summer strength is atypical, gold miners' technicals, sentiment, and fundamentals all support more gains to come. Gold stocks need to mean revert to much-higher...Read More
There are two undeniable trends in investing now: big data and big cannabis.Companies like Google, Facebook, and Yext have made fortunes by sifting through and mining our data.Cannabis companies like Canopy Growth and Aurora have returned thousands of percent to investors over the last few years.So, it was only a matter of time before the two sectors came together...That's why I sat down with Ed K...Read More
The gold miners' stocks have surged powerfully over the past few weeks, challenging upleg highs. Traders started returning to this small contrarian sector as gold blasted back above the psychologically-crucial $1300 line. While such early-summer strength is atypical, gold miners' technicals, sentiment, and fundamentals all support more gains to come. Gold stocks need to mean revert to much-higher...Read More
Jun 17, 2019 Guest(s): Karr McCurdy Partner, Rock Elm Capital The junior mining space is experiencing a cash crunch, but this won't stop investors from returning to precious and base metals should miners wide the wave of industrialization, this according to Karr McCurdy, partner at Rock Elm Capital. "I think investors will look at alternative asset classes if they're frustrated with lackluster r...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average ended moderately higher Monday as investors moved cautiously heading into this week's Federal Reserve meeting and weighed renewed tariff threats from the White House. Facebook (FB - Get Report) shares advanced as investors prepared for Tuesday's "white paper" from the social media gi...Read More
Base metals traded on the London Metal Exchange made marginal gains by the afternoon kerb on June 17 buoyed by dovish whispers from the US Federal Reserve and a weakened US dollar index, with the exception of nickel and tin who made respective losses.The LME three-month nickel price has failed to capitalize on its uptrend from the previous day of trading, falling to around $11,760 per tonne in the...Read More
The tightness in copper concentrates supply and suspensions at major mines resulting from strikes and accidents have pushed treatment and refining charges (TC/RCs) for copper concentrates lower over the past two weeks.Fastmarkets' Asia-Pacific TC/RC index dropped to $54.10 per tonne/5.41 cents per lb on Friday June 14, its lowest since the index launched in June 2013. It was $56.10 per tonne/...Read More
Base metals prices on the London Metal Exchange were mostly suppressed during morning trading on Monday June 17 amid fragile risk sentiment. Continuing trade tensions between the United States and China and fresh geopolitical tension between the US and Iran, coupled with a slew of lackluster economic data from China, are capping any significant price gains."Whatever gains we seeing today are too m...Read More
Bob Moriarty ArchivesJun 17, 2019I have made the Kindle version of Basic Investing in Resource Stocks free from Amazon from today until Friday the 21st of June. If all you do is read the reviews you will understand that it’s worth reading.###Bob MoriartyPresident: 321goldArchives321gold LtdRead More