Kitco, Released on 7/5/22Zimbabwe's central bank will start selling gold coins later this month to try andContinue... Zimbabwe to tame inflation with gold coins added by Herman James on 07/06/2022View all posts by Herman James ?+'Read More
The leftist president-elect of Colombia has promised to halt new gas and oil development. But the government has highlighted the importance of finding new forms of energy for the green transition, and one analyst says copper will play a big role in that future.Gustavo Petro was elected as Colombia's first leftist president on June 19, and he has promised to halt new gas and oil development.But Col...Read More
The Critical Investor discusses the first results of deep drilling aimed at the Campbell Shear with CEO Gerald Panneton.It took quite a bit of time before Gold Terra Resource Corp. (YGT:TSX.V; YGTFF:OTC; TXO:FRANKFURT) released the first results of their much anticipated deeper drilling of the Campbell Shear, but on June 27, 2022 holes 029 and 037 were finally announced.The results weren't spectac...Read More
You've seen placer gold being mined on Gold Rush, Discovery's gold mining TV show. But one junior explorer just announced that it's started to commercially mine placer gold in south-central British Columbia from a pay channel underneath Lightning Creek. At least one analyst thinks that makes this junior a Speculative Buy.After a long wait for investors, Omineca Mining and Metals Ltd. (OMM:TSX.V; O...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipOrexplore leads the pack in core analysisSPONSOREDorexploreAlmonty plans top tungsten production outside ChinaSPONSOREDalmonty industriesTotal measured and indicated mineral resources stood at 4 million ounces (64.6 Mt at 1.Read More
The results come ahead of an expected pre-feasibility study for the mine in the third quarter of this year.Read More
RAPAPORT... BlueRock Diamonds' stock price dropped 29% after it signed a financing deal that could dilute current shareholders' interest in the company.The miner, which runs the Kareevlei deposit in South Africa, made a deal with Teichmann Company that will potentially increase the investor's stock from 17.4% to 51%, BlueRock said Tuesday.The company will initially issue a GBP 1 million ($1.2...Read More
The more you know about your customers, the better you can connect with them, market to them and ultimately give them what they want.RAPAPORT... Creating a profitable retail business used to be a guessing game reliant on a bit of luck married with years of experience and observation. It required jewelry store owners to know not only which products their customers are interested in now, but which t...Read More
RAPAPORT... Israel saw a jump in polished trading but a drop in rough shipments during June, reflecting forces affecting the global diamond industry.Rough shortages have emerged across the sector due to the lack of Russian goods since Western sanctions on Alrosa began in March. However, demand has mostly stayed strong in the important US market, with exhibitors reporting brisk business at las...Read More
(IDEX Online) - The Oppenheimer family - which sold its stake in De Beers for $5.1bn - has been granted an interim court order to halt gold exploration at its ranch in Zimbabwe.Nicky Oppenheimer (pictured), whose grandfather Sir Ernest Oppenheimer founded mining giant Anglo American, sought a high court injunction after a prospector's plane was spotted over the 65,000-hectare Shangani Ranch,...Read More
(IDEX Online) - Shanghai Diamond Exchange (SDE) is reporting a "surge in trading", with transactions worth $3.82bn from January to June of this year.That's an increase of 86 per cent on the same period in pre-Covid 2019. The pandemic saw China's diamond imports down by almost a half in 2020 and 2021.Lin Qiang, president of SDE, said: "The strong rebound of diamond import not...Read More
(IDEX Online) - De Beers will more than double the number of its stores in India, buoyed by a strong 2021 performance.The company reported positive consumer sentiment during the first half of 2022 and predicted similar success.De Beers India will increase the number of exclusive operative stores from 14 to 30, managing director Sachin Jain told PTI."The year 2021, the calendar year, was the best y...Read More
Orexplore leads the pack in core analysisSPONSOREDorexploreAlmonty plans top tungsten production outside ChinaSPONSOREDalmonty industriesAsian Battery Metals AllianceSPONSOREDaranjin resourcesStars align for Tinka at AyawilcaSPONSOREDtinka resourcesAurania's president and CEO Keith Barron noted Wood's contributions over the past three years and his stewardship through the Covid-19 pandemic.He as a...Read More
U.S. equity index futures were lower this morning. S&P 500 future slipped 10 points in pre-opening trade.Focus today is on FOMC meeting minutes to be released at 2:00 PM EDT. More information on the Federal Reserve's plan to increase the Fed Fund Rate is expected.Resolute Forest Products gained $8.04 to US$20.53 after Domtar offered to purchase the company for $20.50 per share. Value of the of...Read More
Think for a moment of other failed experiments in human history.One that comes to mind is the Bolshevik Revolution. Its leader, Vladimir Lenin, never really expected to take power, much less be put in charge of implementing the system he had spent a career promoting.He was asked to speak to what communism would mean. He fished around and came up with the idea of electrification of Russia.It didn't...Read More
Remember the old days of the Clinton administration?It came to power riding a center-left push against the messes of the Bush administration. Clinton was careful to distance himself from the crazies with a series of high-profile rebuffs of the worst among them.The hope was to advertise as a moderate but govern slightly to the left.But then the polls and the markets started to speak, and loudly. Th...Read More
I've been addressing the war on cash lately, and for good reason. While everyone's attention is focused on the war in Ukraine, inflation and the Supreme Court, government plans to eliminate cash are accelerating.For example, central bank digital currencies (CBDCs) are coming even faster than many anticipated. The digital yuan is already here; it was introduced in China last February during the Win...Read More
Our economy is in a crisis that’s been brewing for decades.The Chinese characters for the English word crisis are famously - and incorrectly - translated as danger and opportunity. The more accurate translation is precarious plus critical juncture or inflection point.Beneath its surface stability, our economy is precarious because the foundation of the global economy - cheap energy - has rea...Read More
With so much going on with the war in Ukraine, skyrocketing inflation, looming food shortages and more, it's easy to overlook the elites' ongoing war on cash.But that's a serious mistake because it has serious implications not only for your money, but for your privacy and personal freedom as you'll see today. My view is that the war on cash is dangerous in terms of lost privacy and the risk of gov...Read More
The stock market is enduring its poorest first half since 1932. What does this evil fact portend for the year's second half?Your choices are these:A): The stock market will thunder back with fantastic vigor...B): The stock market terrors will extend throughout the year...C): This year's grim first half will exert no gravity whatsoever on the second - the stock market is as likely to rise as it is...Read More