Since the middle of 2019, we have been in a preciousmetals bull market, with gold prices hitting a new all-time high of$2079 on August 3, 2020. And silverprices have also been climbing steadily since the beginning of 2Q 2020,sending investors on the search for the best way to play this precious metalsbull run for maximum upside potential. In the search for high upside in this bullmarket, many inv...Read More

RAPAPORT... Canada-based jewelry retailer Birks Group saw sales slump in its first fiscal half as the coronavirus forced stores to shut for much of the period.Revenue slid 33% year on year to just over CAD 57 million ($43.9 million) in the six months that ended September 26, the company reported Friday. It incurred a net loss of CAD 2.8 million ($2.2 million), though that was still a 38% impr...Read More

RAPAPORT... Gem Diamonds has recovered a 179-carat rough diamond from its Let??eng mine in Lesotho.The miner found the high-quality, type I diamond on Thanksgiving Day, it said last week. The stone is the 16th diamond over 100 carats the company has found this year. Earlier this month, Gem Diamonds unearthed 104- and 111-carat specimens from the deposit.The company has already found more diamonds...Read More

RAPAPORT... US e-commerce sales hit an all-time high for Black Friday this year as more consumers turned to online purchasing amid anxiety over the pandemic.Digital spending increased 22% year on year to $9 billion, with consumers shelling out $6.3 million per minute, Adobe Analytics said Saturday. Not only is that total the highest on record for Black Friday, it is also the second-largest online...Read More

RAPAPORT... Trans Atlantic Gem Sales (TAGS) sold "almost 100%" of the goods on offer at a rough tender in Dubai earlier this month as buyers showed optimism ahead of the holidays, the company reported.The group, which sells diamonds on behalf of producers and artisanal miners, offered around 45,000 carats with a value of $35 million to $40 million, it said last week. A total of 130 companies...Read More

(IDEX Online) - The world's most expensive handbag - a $7m creation made of alligator skin with over 130 carats of sapphires, diamonds and Paraiba tourmalines - is to fund the fight against ocean pollution.Almost $1m from the sale of each bag will help rid them of discarded plastic harmful to sea life.The Parva Mea ocean-inspired bags (pictured) take 1,000 hours to produce, and Italian luxury...Read More

(IDEX Online) - A rough tender in Dubai sold diamonds valued at $35m to $40m as optimism returned and traders from Israel were able to attend for the first time.The week-long Trans Atlantic Gem Sales DMCC (TAGS) socially-distanced sale took place earlier this month at the Dubai Diamond Exchange.  Almost all the 45,000 carats were sold.TAGS said it had received numerous new registrations from...Read More

(IDEX Online) - Tiffany and Pandora receive the highest rankings for responsibly sourcing their supplies of diamonds, gold and other minerals, in a report by the Human Rights Watch.But overall there is still long way to go to wipe out human rights abuses across the supply chain, it concludes.The US and Denmark-based jewelers performed strongly by taking significant steps towards responsible sourci...Read More

The mining giant is making the most of rising gold prices.Read full newsRead More

I think it's been a while since a good rant has appeared in these pages, so here goes. Do you remember when this pandemic started? It seems like it was ages ago, but the first case in the U.S. was confirmed on January 21. It was declared a worldwide pandemic on March 11. On March 19, California became the first state to issue stay-at-home orders. You know the rest of the story. During those firs...Read More

Here are five Fastmarkets stories you might have missed on Monday November 30 that are worth another look.Italian authorities will finalize their takeover of a share in flat steel producer ArcelorMittal Italia on December 10, trade unions Fiom-Cgil and Uilm said on November 30.The first deal for...Read More

Alcoa Corporation will sell its Warrick Operations rolling mill near Evansville, in the US state of Indiana, for $670 million - including $587 million in cash - to Kaiser Aluminum, with the transaction expected to close by April 2021, Alcoa said on Monday November 30.Alcoa will continue to operate the smelter - which has capacity of 269,000 tonnes per year - and power plant at the location. The ro...Read More

Bob Moriarty ArchivesNov 30, 2020As of last Friday, the DSI for gold was 17 and 19 for silver. We are within spitting distance of a tradeable low. Mid December marks the end of tax loss silly season. Monday November 30 is both a lunar eclipse and a full moon.The election insanity continues with most Republicans believing it was a fraudulent election and 30% of Democrats agreeing. No matter who tak...Read More

Copper and aluminium prices reached new year-to-date highs at the close of trading on the London Metal Exchange on Monday November 30, while the rest of the base-metals complex showed dips in their three-month prices.Copper rose to $7,580 per tonne at 5pm on Monday, up by 1% from Friday's closing price of $7,499.50 per tonne and setting a new year-to-date high.The red metal also went up to $7,708....Read More

The latest data for the global manganese ore market for the week ended November 30, 2020.Read More

LME base metals reached fresh multi-year highs on Monday as Chinese manufacturing PMI surprised on the upside and Japan's industrial production data beat estimates, Marex Spectron's Anna Stablum said.LME copper touched US$7,692.50/t today in hefty volumes - the highest intraday price since March 26, 2013, she said.Aluminium closed at $2,036/t, its highest point in two years.Gold has fallen below $...Read More

Seaborne prices of both low- and high-grade manganese ore in China were slightly lower in the week to Friday November 27, slowing an earlier downtrend prior to the release of miners' next offer prices and Hebei Steel's final purchase price for December-delivery silico-manganese, market sources told Fastmarkets. Fastmarkets' manganese ore index 37% Mn, cif Tianjin fell by 1 cent (0.3%), week o...Read More

Vancouver, BC - LEAF Mobile Inc. (TSX.V : LEAF) a leading creator and publisher of counter culture mobile games, today released the third consecutive record quarter financial results for the third quarter of 2020.In the second quarter ended June 30, 2020, LEAF completed its qualifying transaction, which included its acquisition of LDRLY (Technologies) Inc. ("LDRLY"). Prior to the completion of...Read More

Vancouver, BC - Ovation Science Inc. (CSE: OVAT) ("Ovation" or the "Company"), is pleased to announce that its DermSafe (R) Hand Sanitizer Lotion is now available in select locations of Source For Sports, a Canadian sporting goods retailer with over 130 locations across Canada."We are excited to now have DermSafe available to consumers in multiple provinces across Canada at Source For Sports; a...Read More

Here are five Fastmarkets stories you might have missed on Monday November 30 that are worth another look.Italian authorities will finalize their takeover of a share in flat steel producer ArcelorMittal Italia on December 10, trade unions Fiom-Cgil and Uilm said on November 30.The first deal for...Read More