The gold miners’ stockshave been thrashed in recent months, crushed as heavy futures selling slammedgold. That obliterated any residual sectorbullishness, leaving gold stocks wildly-oversold and deeply-out-of-favor. But having weathered a rough early summer,the battered miners and their metal are trudging back into their traditionalstrong season. That begins with robustautu...Read More
RAPAPORT... Lucara Diamond Corp. cofounder Lukas Lundin died last week at the age of 64 following a two-year battle with brain cancer.Lundin started his career in the early 1980s in the international energy and mining sectors, working with his father at the Lundin Group of Companies. The business, which comprises 11 firms internationally, employs more than 15,000 people and has a combined market c...Read More
RAPAPORT... US polished-diamond imports increased 40% year on year to $2.2 billion in May, according to recent data from the country's Department of Commerce. The month is usually one of the busiest for shipments, as companies send goods to America in preparation for the JCK Las Vegas show in early June.US Trade Data for May 2022 Read More
RAPAPORT... The Gemological Institute of America (GIA) will return to Dubai after an absence of around two years, launching a laboratory in one of the emirate's newest skyscrapers.The GIA offices are scheduled to open in mid-2023, the Dubai Multi Commodities Centre (DMCC) said last week. Local subsidiary GIA Laboratory DMCC will lease more than 41,000 square feet across two floors of Dubai's...Read More
RAPAPORT... Revenue and profit from Rio Tinto's diamond division soared in the first half of the year as demand strengthened and manufacturers replenished inventory.The unit recorded underlying earnings of $91 million for the six months ending June 30, the miner said last week. That compared with $5 million a year earlier, when the economy was only beginning its recovery from the pandemic. Re...Read More
(IDEX Online) - North Arrow Minerals reports "encouraging" results in its search for high-value fancy yellow to orange yellow diamonds in Canada's Arctic Archipelago.More than one in 10 of the diamonds bulk sampled last year from the Q1-4 kimberlite at the Naujaat Diamond Project are fancy color, it said.Of those, 90 per cent are orange and 30 per cent are classified as either "intense" or "v...Read More
(IDEX Online) - An extremely rare type of diamond has been discovered in Australia - but it will be of more interest to geologists than the gem industry.The "metamorphic diamonds" are invisible to the naked eye and can only be viewed with a laser and a microscope.Researchers from James Cook University, in Queensland, found them in rocks along the Clarke River Fault, west of Paluma in the north of...Read More
(IDEX Online) - Anglo American, parent company of De Beers, announced a slump in revenue and profits for the first half of 2022, as it struggled with Covid-related absenteeism, disrupted supply chains, weather extremes and economic volatility.The British diversified miner saw pre-tax profits fall by 33 per cent to $6.80bn and revenue down 17 per cent to $18.11bn.It faced "considerable challe...Read More
Results of up to 1.91% Li2O just 4km from Pilbara Minerals' Pilgangoora lithium-tantalum mine; Drilling being planned for SeptemberRead full newsRead More
Nancy Pelosi is running scared.The Feds are hot on her trail.The American people are chasing her with pitchforks.They want answers.That's because the Pelosis continue to profit from the stock market using material nonpublic information.In other words, they're committing insider trading in broad daylight.But no one can do anything about it because members of Congress wrote laws to protect...Read More
Share this article VANCOUVER - Pasofino Gold Limited [VEIN-TSXV; EFRGF-OTCQB; N07-FSE] has filed the Feasibility Study in respect of the Dugbe Gold Project in Liberia. Further, the company is pleased to announce that Hummingbird Resources Plc has confirmed that the option exercise conditions have been satisfied such that the company may within 120 days from the date of this press release delive...Read More
We spoke with Luke Norman, who is the new Chairman of the Board of Directors of U.S. Gold Corp. (NASDAQ: USAU). U.S. Gold Corp. is a U.S. focused, gold exploration and development Company, with near-term production potential, at their CK Gold Project, located in Southeast Wyoming that had a Preliminary Feasibility Study (PFS) completed on it. The Company is advancing CK Gold to bankable Feasibilit...Read More
The U.S. and the EU have already launched their most powerful nonlethal attacks at Russia. Unforgiving sanctions have crippled the economy, no matter what Moscow's propaganda machine claims. Iikka Korhonen, head of the Bank of Finland Institute for Emerging Economies (BOFIT), translated some startling reports directly from Rosstat, Russia's federal statistics service.A few of Russia's most profit...Read More
We spoke with, Gary O'Connor, President, and CEO of Moneta Gold Inc. (TSX: ME, OTCQX: MEAUF, XETRA: MOP), a Canadian-based gold exploration company, focused on advancing its 100% wholly owned, Tower Gold project, which currently hosts a gold mineral resource estimate of 4.3 Moz indicated and 7.5 Moz inferred. It is one of the largest undeveloped gold projects, in North America. Moneta Gold's 2022...Read More
Equitymaster, Released on 7/29/22Any conversation with Marc Faber is fascinating. And that's because he draws from deep into history to show why things are happening the way they are...and the way they could in time to come. In this episode we talk about his 50 yr + journey in the investment world, his latest views on Asset allocation and his views on Modi's India. To my surprise, Marc also talks...Read More
Doug Casey's Take, Released on 7/31/22 Join our email list to get Special reports and updates: https://dougcasey.substack.com/aboutConnect with us on Telegram: https://t.me/dougcaseyDoug Casey is an American-born libertarian economist and advocate of the free market. He is a bestselling financial author, international investor, entrepreneur, and the founder and chairman of Casey Research, a provid...Read More
CNBC, Released on 8/1/22Kyle Bass from Hayman Capital Management joins 'Closing Bell' to discuss whether the market strength from July can carry into August.Kyle Bass is an American hedge fund manager. He is the founder and principal of Hayman Capital Management, L.P., a Dallas-based hedge fund focused on global event-driven opportunities. economy, Kyle Bass, markets, stocksKyle Bass: Is now th...Read More
CNN, Released on 8/1/22 "[The Fed] has fallen so far behind the inflation dynamic that there's questions about their analysis, their forecast, their communications, and their policy reactions." Allianz Chief Economic Adviser Mohamed El-Erian talks July's economic news as CNN's Richard Quest returns.Mohamed El-Erian is the Chief Economic Adviser of Allianz, a multinational financial services compan...Read More
Financial Repression Authority, Released on 8/1/22http://financialrepressionauthority.c...Support us on Patreon - https://www.patreon.com/roundtableins...Charles Hugh Smith writes the Of Two Minds blog which covers an eclectic range of timely topics: finance, housing, Asia, energy, long-term trends, social issues, health/diet/fitness and sustainability. From its humble beginnings in May 2005, Of T...Read More
Mark Moss, Released on 7/31/220:00 Intro2:15 Passion in Education6:20 Why did you want to teach9:17 Marxism takeover on schools16:40 Freedom of speech and censorship21:36 Investing: B Quadrent31:37 Investing: I Quadrent39:38 Why listen to someone who has failed?42:16 Big lessons learned49:30 History is essential to being successful to be an entrepreneur54:30 Sneak Intro on 3 part seriesRobert Kiyo...Read More