One junior explorer just added a project in Idaho to a healthy stable of assets. Management believes the deal creates a lot of upside for shareholders, as the focus now turns toward extracting that value.NevGold Corp. (NAU:TSX.V; NAUFF:OTC; 5E50:FSE) has optioned the advanced exploration-stage Nutmeg Mountain Gold Project in Idaho from GoldMining Inc. (GOLD:TSX; GLDG:NYSE.American).For about CA$9...Read More
Gold investment demandshould be soaring with serious inflation raging, catapulting gold wayhigher. Yet recently it has greatlylagged fast-rising general price levels, confounding contrarian investors. But history argues this anomaly won’t last,that eventually big inflation will spur gold. Today’s terrible inflation super-spike fueled by extreme Fed moneyprinting is the...Read More
Buoyed by tight world supply and higher demand, Light crude oil prices are expected to reach the first resistance level of $124.50 over the next few weeks. WTI prices are being driven by several factors. First, the summer driving season in the US, and second by the relaxation of China's Covid curbs (Chart 1). On the supply side, the EIA has said that US Strategic Petroleum Reserve dropped by a rec...Read More
What are the new fundamentals for crude oil to look at this week?Could Asian demand be slowed down by Saudi Arabia raising its prices? Crude oil prices soared earlier this weekafter Saudi Arabia said on Sunday it would raise crude oil prices for mostregions except the United States. Just days after opening the floodgates alittle wider (as announced lastweek following an OPEC+ meeting), Saudi Arabi...Read More
Billed as Pieces of Eight, featuring eight panelists, the overriding message was that better days for precious metals investors will come, with the caveat, "for those who have the patience.Read More
CONEXPO-CON/AGG, Taking Construction to the Next LevelSPONSOREDconexpo-con/agg 2023Advancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningChinese Strategic AllianceSPONSOREDxanadu minesGiglio said that the company has re-explored historically explored areas with different geological and exploratory...Read More
CONEXPO-CON/AGG, Taking Construction to the Next LevelSPONSOREDconexpo-con/agg 2023Advancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningChinese Strategic AllianceSPONSOREDxanadu minesDavidson said that while supply is expected to increase in the short-term as the Quelleveco and Quebrada Blanca 2 p...Read More
CONEXPO-CON/AGG, Taking Construction to the Next LevelSPONSOREDconexpo-con/agg 2023Advancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningChinese Strategic AllianceSPONSOREDxanadu minesThe key investment bankers behind the merger and acquisitions flow used an event at the PDAC conference in Toronto...Read More
CONEXPO-CON/AGG, Taking Construction to the Next LevelSPONSOREDconexpo-con/agg 2023Advancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningChinese Strategic AllianceSPONSOREDxanadu minesUnder the terms of the merger, each Altus shareholder will receive 0.5940 new Elemental shares for each share held....Read More
The cash offer is part of the firm's plans to reduce its US$7.6 billion of debt and follows strong flows from the company's coal, zinc and copper operations.Read More
Toronto-listed B2Gold is deepening its resource print in Mali after it moved last month to buy Australian-listed Oklo Resources for A$91.Read More
RAPAPORT... The Civil Society Coalition is urging the Kimberley Process (KP) to take a stand against Russian diamonds and own up to the fact that its current definition of conflict diamonds is not broad enough."The KP being unable to even discuss whether it should continue certifying Russian diamonds as conflict free proves what the KP Civil Society Coalition has been denouncing for years, namely...Read More
RAPAPORT... A rare 5.09-carat, blue Paraiba tourmaline and diamond ring will be the star of the upcoming Hong Kong Jewels and Jadeite sale at Bonhams.The piece, which carries a high estimate of HKD 3.8 million ($484,247), will go up for auction on June 22, Bonhams said last week. It makes its way to market as the Asian gem-collecting community is progressively starting to explore new gemstones, th...Read More
CONEXPO-CON/AGG, Taking Construction to the Next LevelSPONSOREDconexpo-con/agg 2023Advancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningChinese Strategic AllianceSPONSOREDxanadu minesFlooding in the region began on June 13, triggered by a warm spell of weather, and rapid snow melt in mountains, ex...Read More
RAPAPORT... A pink diamond ring was the top seller at Christie's Jewels Online, smashing its estimate to rake in $126,000.The cut-cornered rectangular modified brilliant-cut, 0.84-carat, fancy-intense-pink, internally flawless diamond ring had a high price tag of $70,000, Christie's said last week. It was one of several items that garnered well above their high estimates at the May 31 to June 10 s...Read More
RAPAPORT... The World Diamond Congress is set to take place in Israel in 2023, following a five-year period in which the event ran in a virtual format.The Israel Diamond Exchange (IDE) will host the triennial event on March 29 and 30, it said last week. The summit grants the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA) a forum to discuss...Read More
RAPAPORT... The diamond industry is being driven by expectations. While this is not a rare occurrence, it is worth noting, given the unusual dynamic currently shaping the market.While there is a lot of polished inventory available today - as the number of stones listed on RapNet attests - manufacturers and dealers anticipate scarcities later in the third quarter once demand starts to ramp up for t...Read More
CONEXPO-CON/AGG, Taking Construction to the Next LevelSPONSOREDconexpo-con/agg 2023Advancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningChinese Strategic AllianceSPONSOREDxanadu minesBeijing-based MMG suspended operations in April after huge protests by indigenous communities with some activists i...Read More
(IDEX Online) - A flawless 103.49-ct diamond sold for over $20m at Christie's New York, beating its high estimate of $18m.The Light of Africa Diamond (pictured) is a D-color, Type IIa emerald-cut stone, from the iconic Cullinan mine, in South Africa.It was cut and polished in South Africa from a 299.3 carat rough stone, which was sold to Stargems DMCC, Dubai-based arm of the Antwerp diamond s...Read More
(IDEX Online) - Celebrity jeweler De Grisogono, which filed for bankruptcy in 2020, has been bought for an undisclosed sum by the Dubai-based Damac Group.De Grisogono was known for its close links with Hollywood actress Natalie Portman and supermodel Naomi Campbell, as well as its Creation I necklace, featuring the the largest D/IF diamond in the world (pictured), which sold for $33.7m at Christie...Read More