RAPAPORT... The UK's departure from the European Union has altered the way British diamond businesses trade with important centers such as Antwerp, as well as with markets around the world. The impact stretches from new Kimberley Process procedures to updated rules on value-added tax (VAT).These changes went into effect when the UK left the EU customs union and single market on December 31, 2...Read More

RAPAPORT... What a difference a year makes. The modus operandi of the diamond and jewelry trade was vastly different at the end of 2020 than at the start. That's a good thing, as the changes had been brewing for some time but had lacked momentum pre-coronavirus. Such developments as the digitization of business, the emphasis on corporate social responsibility, telling the "diamonds do good" s...Read More

(IDEX Online) - South Africa's state-owned diamond company is under investigation in an inquiry into systemic political corruption.It focuses on alleged links between Alexkor and members of the super-wealthy Gupta family, who were close to former president Jacob Zuma, now live in Dubai, and who have been described by the US Treasury as "members of a significant corruption network".One of the...Read More

(IDEX Online) - A retired businessman who sued his children for the return of 122 gold bars has lost his case.Soemarto Sulistio, 87, a timber logging millionaire from Hong Kong, bought the 1kg bars jointly with his wife Soemiati in 1989.Their relationship broke down in 2012 and he transferred full ownership to her in 2016, a court heard.She died a year later and he discovered she'd left them...Read More

As 2021 begins, the Covid-19 pandemic has left no part of Canada untouched, with cases reported in every province and territory, though at press time only the Northwest Territories (NWT) and Prince Edward Island had reported no deaths related to the coronavirus.However, the economic impact caused by the pandemic continues to wreak havoc in all regions of the country. And for jurisdictions like the...Read More

Developing new mining legislation, creating a water use tax and completing the Yukon's six outstanding land use plans in the next five years are among the substantial list of recommendations made by the independent panel in charge of the territory's mineral development strategy.The panel's final report, released Dec. 28, contains 79 recommendations meant to guide future mineral development in the...Read More

Is it time to worry about food inflation? Read full newsRead More

The friendly deal hands EquinoxPremier's interest in the Hardrock project in Ontario, as well as the Mercedes mine in Mexico and the Hasaga and Rahill-Bonanza properties in Red Lake, Ontario.Read full newsRead More

The friendly deal hands EquinoxPremier's interest in the Hardrock project in Ontario, as well as the Mercedes mine in Mexico and the Hasaga and Rahill-Bonanza properties in Red Lake, Ontario.Read full newsRead More

Although the market crash rhetoric is getting louder, the continued bull market arguments are also equally blaring. If you are sitting on some cash, consider putting it in these TSX stocks for the long term.Maxar TechnologiesAs SaaS (Software-as-a-Service) stocks have been riding high for the last few years, the next decade will likely be dominated by space technology companies. The sector, which...Read More

Last year was volatile for the stock market. Gold and energy, in particular, experienced substantial impacts from the COVID-19 pandemic. What’s ahead for gold and energy stock in 2021 is anyone’s best guess.Here are three gold and energy stocks to watch in 2021.Barrick Gold stock’s bull run ran out of steamBarrick Gold (TSX:ABX)(NYSE:GOLD) might have had a great year during 2020,...Read More

I was pretty surprised when the stock market rallied in the face of last week’s unrest in Washington. Maybe I underestimated the strength of this rally. While there’s no question that the markets are coming in hot and need a healthy correction, there’s really no telling when the next market plunge will be. Genius billionaire investors like Carl Icahn and some brilliant people on...Read More

Here are five Fastmarkets stories you might have missed on Monday January 11 that are worth another look.Brazilian flat steel producers have applied price increases of around 15% on sales to distributors, motivated by high raw materials costs and sustained higher steel prices globally.Read More

Glencore has concluded discussions with the Zambian government about the sale of a majority stake in the Mopani copper mine, state media reported on Friday January 8.An agreement will be signed this week, according to a report by the Zambian National Broadcasting Corp, citing President Edgar Lungu."Glencore confirms that it is in final-stage negotiations relating to a possible sale of Carlisa's 90...Read More

Bob Moriarty ArchivesJan 11, 2021I don’t think I would surprise any of my readers by saying this is probably the most irrational I have ever seen any market. But when you have the stupidity going on in Washington DC that we have, Bitcon sucking in new chumps and a totally fake Plandemic around the world why should anyone expect anything rational?I am on record as saying even recently that I...Read More

Waiting times for aluminium at Istim warehouses in Port Klang, Malaysia, fell to just 20 days at the end of December, according to the London Metal Exchange's latest queue report.This is down from 30 days at the end of November and 71 days at the end of October.There was a queue for aluminium at Istim warehouses in Port Klang every month in 2020.The queues originally built up due a series of...Read More

Jack ChanPosted Jan 11, 2021Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Short-term is on BUY signal.Short-term signals can last for days and weeks and are more suitable for traders. COT data is supportive for overall higher gold prices.COT data is supportive for overall higher silver prices.The correction...Read More

Here are five Fastmarkets stories you might have missed on Monday January 11 that are worth another look.Brazilian flat steel producers have applied price increases of around 15% on sales to distributors, motivated by high raw materials costs and sustained higher steel prices globally.Read More

Vision Lithium (TSXV: VLI) and Rock Tech Lithium (TSXV: RCK) closed up 100% and 69% respectively, both on no news.Both had closed placements last week, with Vision raising more than C$800,000 for exploration and working capital, while Rock Tech raised almost $4 million towards feasibility studies on a lithium hydroxide converter and more development work on its Georgia Lake lithium project, plus w...Read More

The latest data for the global manganese ore market for the week ended January 11, 2021.Read More