Local 12, Released on 7/9/22There is an active incident at the plant south of town, and we are asking all residents south of Main Street to evacuate your homes and go to the Medford public school building," the Grant County Sheriff's Office noted on Facebook.Continue... Massive explosion at a natural gas plant in Oklahoma added by Herman James on 07/10/2022View all posts by Herman James ?+'Read More
Bullion Star (via Zero Hedge), Released on 7/9/22For those who don't know him, Peter Hambro is a very well-respected name in the gold space, having co-founded and been chairman of FTSE-listed Anglo-Russian gold mining company Peter Hambro MiningContinue... Peter Hambro: BIS, Central Banks Are Rigging Gold Market Using Bullion Banks' Paper Gold added by Herman James on 07/10/2022View all posts by H...Read More
Fears of further Fed tighteningcontinue to weigh on metals markets. On Wednesday, the FederalReserve released the minutes from its most recent policy meeting. As CNBCreported, central bankers remain fixated on inflation.CNBCReporter: The minutes of the latest Fed meetings show that officials agreedthat another rate hike of 50-75 basis points would likely be appropriate at itsmeeting later this mon...Read More
Although the general stock market hasrisen, this trend may soon reverse. Since it often moves along with goldstocks, junior miners can face a fall too.Letthe S&P 500 Be a Clue Mining stocks declined significantly thisweek, but they haven’t severely underperformed gold. There is a good reason forit – the general stock market moved higher recently.What would have to happen for the mi...Read More
The euphoric US dollar rocketingstratospheric to extreme multi-decade highs slammed gold this week! That vertical surge ignited heavygold-futures selling, hammering gold into a serious technical breakdown. The resulting sentiment damage was severe,with traders now convinced gold is doomed to spiral much lower. But a major reversal is imminent in theradically-overbought dollar, wh...Read More
RAPAPORT... Watches of Switzerland's group revenue surged 37% for the full fiscal year as the company expanded its store network and saw strong demand for luxury timepieces.The UK-based retailer's sales came to GBP 1.24 billion ($1.48 billion) for the 52 weeks ending May 1, the company said last week. During the period, none of the group's stores were closed, versus 26 weeks in 2021 when vari...Read More
RAPAPORT... Graff paid $7.5 million in bitcoin to a Russian ransomware firm to stop the publication of client data, according to a lawsuit the jeweler filed against its insurer.The UK-based company suffered a cyberattack last year, when Conti encrypted and stole personal information from the luxury brand.Details of the incident became public after Graff sued Travelers, its insurance prov...Read More
RAPAPORT... US jewelry sales rose in June amid a surge in discretionary spending and a return to travel, according to Mastercard SpendingPulse.Revenue for the category jumped 16% year on year during the month, Mastercard reported last week. Many consumers are refreshing their wardrobes as they return to the social scene and make vacation plans. Jewelry purchases soared 87% compared to the same per...Read More
RAPAPORT... Hong Kong-based colored-diamond specialist Kunming Diamonds has recruited Rahul Jauhari as its director of sales and marketing, the company said Thursday.Jauhari was previously senior vice president for global sales and marketing at Indian diamond manufacturer Star Rays. Before that, he served as HRD Antwerp's commercial director for India.Kunming, founded in the 1980s, is an auth...Read More
(IDEX Online) - The iconic London jeweler Graff is reported to have paid a $7.5m ransom to Russian hackers who stole confidential data about tens of thousands of super-wealthy clients last October.The payment, made in Bitcoin, came to light after Graff launched a legal action against insurers for refusing to cover the loss, according to a Bloomberg report. The Russian cyber-criminal ransomwar...Read More
(IDEX Online) - Two men and a woman have been charged with a series of robberies on staff at jewelry stores across South Florida, USA, that netted merchandise worth millions of dollars. They are accused of conspiring to commit Hobbs Act robbery - taking property by means of actual or threatened force - in Miami Beach, Boca Raton, Lake Worth, Boynton Beach and Fort Pierce.The US Justice...Read More
US experts in a former gold mine in South Dakota have begun hunting evidence of dark matter, which is believed to make up 95% of our universe's mass.Read full newsRead More
Harmony Gold Mining Company Limited (NYSE:HMY) price on Friday, July 08, rose 3.69% above its previous day's close as an upside momentum from buyers pushed the stock's value to $3.37. A look at the stock's price movement, the level at last check in today's session was $3.25, moving withiRead full newsRead More
(All dollar amounts are United States dollars unless otherwise stated)Read full newsRead More
US experts in a former gold mine in South Dakota have begun hunting evidence of dark matter, which is believed to make up 95% of our universe's mass.Read full newsRead More
Reed's Inc. (NASDAQ:REED) price on Friday, July 08, rose 3.23% above its previous day's close as an upside momentum from buyers pushed the stock's value to $0.17. A look at the stock's price movement, the close in the last trading session was $0.16, moving within a range at $0.1621 and $Read full newsRead More
(All dollar amounts are United States dollars unless otherwise stated)Read full newsRead More
Gold prices are inversely related to the U.S. dollar. Therefore, a strengthening dollar has recently led to a decline in gold prices. While declining gold prices affect gold mining stocks,...Read full newsRead More
Construction is ahead of schedule on the wind farm, which the company says will be the largest in Montana.Read full newsRead More
Reed's Inc. (NASDAQ:REED) price on Friday, July 08, rose 3.23% above its previous day's close as an upside momentum from buyers pushed the stock's value to $0.17. A look at the stock's price movement, the close in the last trading session was $0.16, moving within a range at $0.1621 and $Read full newsRead More