AngloGold Ashanti Ltd. is complying with an order from South Africa's Department of Mineral Resources to amend its mining rights to reflect black economic empowerment, the company's spokesman Chris Nthite said.The world's No. 3. gold producer may have contravened black economic empowerment rules tied to its mining rights when it awarded a 4.5 percent stake to employees instead of 6 percent, City P...Read More
Scientists from Rice University, Argonne National Laboratory and Northwestern University discovered that when heated in a furnace and place on a gold surface, boron atoms dissolve into a bath of gold and when the materials cool down, they resurface in the form borophene.Borophene is the atom-flat form of boron.Illustration by Luqing Wang | Rice University.In a press release, the researchers explai...Read More
Non-profit organization Geoscience BC is planning a new airborne survey to help identify mineral potential on northern Vancouver Island, in the western Canadian province of British Columbia.According to the NGO, every time its team runs projects like this one, new investment comes into the region at hand as the data is used to inform mineral exploration and development decisions by the mining sect...Read More
Mar. 29th, 2019(S14-E689)Featured GuestsGerald Celente &Martin ArmstrongGuest order via seniority.Please Listen HereLIMITED OFFER - FREE $5 IN ONEGOLD DIGITAL BLOCKCHAIN EXCLUSIVELY TO GOLDSEEK.COM PATRONS!(Remember to say Goldseek Radio sent you!).In Part I with global financier, Martin Armstrong of Armstrong Economics our guest rejoins the show with commentary. "Tangible assets will surv...Read More
By: Ira EpsteinGold monthly chart - momentum has stalled. Weekly charts, gold in a down thrust. Daily - $1,274 area important:Read More
As we’ve been suggesting for months, expect continued moderate price weakness in Gold and Silver through most of April 2019 and possibly into early May 2019 before a strong price rally will setup and push Gold prices well above $1500 before the end of 2019. Our Adaptive Dynamic Learning predictive price modeling system has been calling for this move for many months (see the chart below...Read More
Vale expects the various production restrictions that emerged in the last couple of months to affect its iron ore pellet output by 11 million tonnes per year, its chief financial officer Luciano Siani says.The Brazilian miner - the world's largest iron ore producer - has halted the pelletizing units at its F??brica and Vargem Grande iron ore facilities in the country's southeastern Minas Gerais st...Read More
The global steel billet markets started to give negative signals, with prices in the major regions falling or just holding steady on softer demand during the working week from Monday March 25 to Friday March 29.A very slight recovery was seen in Turkey's export and domestic markets, but demand in Southeast Asia and the rest of the Middle East was still limited.CIS, Turkey, EgyptTrading activity in...Read More
Mar. 29th, 2019(S14-E689)Featured GuestsGerald Celente &Martin ArmstrongGuest order via seniority.Please Listen HereLIMITED OFFER - FREE $5 IN ONEGOLD DIGITAL BLOCKCHAIN EXCLUSIVELY TO GOLDSEEK.COM PATRONS!(Remember to say Goldseek Radio sent you!).In Part I with global financier, Martin Armstrong of Armstrong Economics our guest rejoins the show with commentary. "Tangible assets will surv...Read More
By: David HaggithFor brick and mortar stores, the Retail Apocalypse is closing stores down like a slow-motion video of the asteroid event that took out dinosaurs 66 million years ago. While it may seem to drag on as we watch various species of retail collapse, I originally said this event would take, at least, three years (through the end of 2019) for the bulk of the impact to play out.It was tw...Read More
By: Ira EpsteinGold monthly chart - momentum has stalled. Weekly charts, gold in a down thrust. Daily - $1,274 area important:Read More
Cracks AppearingFirst DominoConstrained HiringTariff TroubleA Virtual Pass to the SICRIP, Andrew Marshall, The Last WarriorCleveland, Chicago, Dallas, Austin, Dallas, and Back Home to Puerto RicoThis month, the Federal Reserve joined its global peers by turning decisively dovish. Jerome Powell and friends haven't just stopped tightening. Soon they will begin actively easing by reinvesting the Fe...Read More
Here are five Fastmarkets MB stories you might have missed on Friday March 29 that are worth another look.A cargo of 30,000 tonnes of Chinese-origin alumina has been sold at 2,810 yuan ($417.10) per tonne fob Yantai port to Glencore in recent days, a source familiar with the matter told Fastmarkets on Friday March 29. The cargo has been loaded and was approaching Yantai port in northeast of China...Read More
Polish miner KGHM and a union representing workers at its Sierra Gorda copper mine in Chile have come to an agreement over contract talks, the head of the union told Reuters, heading off the threat of a strike.Maykel Ocayo, president of Sierra Gorda's 520-member Union 1, told Reuters in a message that workers had voted on Saturday in favour of accepting an offer from the company with a roughly two...Read More
Non-profit organization Geoscience BC is planning a new airborne survey to help identify mineral potential on northern Vancouver Island, in the western Canadian province of British Columbia.According to the NGO, every time its team runs projects like this one, new investment comes into the region at hand as the data is used to inform mineral exploration and development decisions by the mining sect...Read More
Here are five Fastmarkets MB stories you might have missed on Friday March 29 that are worth another look.A cargo of 30,000 tonnes of Chinese-origin alumina has been sold at 2,810 yuan ($417.10) per tonne fob Yantai port to Glencore in recent days, a source familiar with the matter told Fastmarkets on Friday March 29. The cargo has been loaded and was approaching Yantai port in northeast of China...Read More
RAPAPORT... Forevermark is debuting a new campaign for the bridalmarket, De Beers' first in this category in almost 20 years. The new initiative will address consumers' changingattitudes toward love, marriage and engagement, Forevermark US presidentCharles Stanley said Friday. The campaign will launch together with thecompany's new bridal line, the Forevermark Engagement and Commitment Collec...Read More
RAPAPORT... Stornoway Diamond Corporation increased its net loss in2018 amid delays in the transition of its Renard mine in Canada and therecovery of lower-than-expected grades. The deficit widened to CAD 329.4 million ($246.8 million),compared with a loss of CAD 114.2 million ($85.6 million) the previous year,the miner said last week. The delays held back operations as Stornoway moved from o...Read More
RAPAPORT... Petra Diamonds has unearthed a 425.10-carat white diamond atits Cullinan mine in South Africa, it said Friday. The D-color, type II, gem-quality stone comes from the samemine that produced the 3,106-carat Cullinan diamond in 1905, the largest gem-qualitydiamond ever recovered. The stone won't be sold until the fourth fiscal quarter ending June 30. However, analysts have already is...Read More
RAPAPORT... The Gemological Institute of America (GIA) has updated thelanguage in its lab-grown-diamond certificates to align them withrecent Federal Trade Commission (FTC) guidelines. The grading lab will no longer use the term synthetic whenreferring to diamonds created in a lab, either inside its reports, or in the title, it said Friday. The new reports willalso feature the same 4Cs...Read More