Kitco, Released on 8/18/22This is a monthly increase of 146% and the biggest cargo since December 2016, Continue... China's Swiss gold imports soar nearly 150% in July, largest purchase in more than five years added by Herman James on 08/18/2022View all posts by Herman James ?+'Read More
Schiff Gold, Released on 8/17/22Indian silver imports are on pace to triple this year as investors bet the white metal is primed to Continue... Indian Silver Imports on Record Pace as Demand Surges added by Herman James on 08/18/2022View all posts by Herman James ?+'Read More
The government in Ecuador is on track to grant an environmental permit for BacTech Environmental Corp.'s new bioleaching plant in September, the company says.BacTech Environmental Corp. (BAC:CSE;BCCEF:OTC;OBT1:FRA) is on track to get the environmental permit for its new bioleaching plant opening next year in Tenguel, Ecuador.The company has reviewed, and updated technical observations made in its...Read More
The major bullion banks have manipulated gold & silver prices for their own profit and bonus pools for decades, and perhaps the only real surprise is... by Craig Hemke via Sprott Money NewsMuch has already been written and said of the convictions last week of former JP Morgan head precious metals trader Michael Nowak and his associate Gregg Smith. However, before we move on from this story, there...Read More
Investor Insight: InterGroup MiningSPONSOREDintergroup miningSun shines on Saturn MetalsSPONSOREDsaturn metalsEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdThe hole returned an intercept of 1,059.5m grading 0.40% copper quivalent from 228m depth including a sub interval of 50m grading 0.72%...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipInvestor Insight: InterGroup MiningSPONSOREDintergroup miningSun shines on Saturn MetalsSPONSOREDsaturn metalsThe company said the indicated resource increased 121% to 19 million tonnes grading 1.9 grams per tonne gold containined 1.2 million ounces while and the inferred resou...Read More
Investor Insight: InterGroup MiningSPONSOREDintergroup miningSun shines on Saturn MetalsSPONSOREDsaturn metalsEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdThe diversified company recorded net income in Q2 of US$859.3 million, which is up 857% from $89.8 million from the same period last yea...Read More
Look beyond market approach to project valuations: van ZylLeadershipInvestor Insight: InterGroup MiningSPONSOREDintergroup miningSun shines on Saturn MetalsSPONSOREDsaturn metalsEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedThe company's major shareholder Fidelity is putting in about $1.4 million to maintain its 9.9% equity stake, with other investors...Read More
Investor Insight: InterGroup MiningSPONSOREDintergroup miningSun shines on Saturn MetalsSPONSOREDsaturn metalsEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdThe tale the Toronto-based company told when releasing its disappointing second quarter results overnight is a familiar one across the W...Read More
Investor Insight: InterGroup MiningSPONSOREDintergroup miningSun shines on Saturn MetalsSPONSOREDsaturn metalsEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdLotus directors want investors to think of it as an early beneficiary of a long-term recovery in uranium demand as they hint at a potent...Read More
News: Trading seasonally quiet during summer lull. Lack of sales to Far East weakening sentiment, with US demand supporting market. Increasing concern about impact of inflation and higher interest rates on mid-income consumers. Holiday outlook positive. Manufacturers maintaining lower production due to slowdown in orders. Polished trading sluggish. Rough prices stable at De Beers sight; prem...Read More
RAPAPORT... Gem Diamonds' sales of high-value rough from its Let??eng mine in Lesotho fell in the first half amid a decline in the average price.Rough sales for the six months that ended June 30 slipped 4.2% year on year to $99.6 million, even as sales volume rose 3.5% to 57,075 carats. The average price fell 7.5% to $1,745 per carat, the miner reported Wednesday.During the period, a total of 15 d...Read More
RAPAPORT... US retail revenues for July remained stronger than a year ago as consumers continued to shop despite soaring inflation. Sales were flat compared with the previous month, versus a 0.8% increase in June, according to data the US Census Bureau released on Wednesday. July sales were up 10% year on year. Declines in gas prices supported spending. However, consumers are continuing to focus o...Read More
(IDEX Online) - A man has appeared in court in the US accused of posing as a government official and persuading a woman to buy gold bars worth $330,000.Gaurang Contractor, 38, from New Jersey, is accused of attempted larceny from a person over 60.Police say he claimed to be a government official investigating an identity fraud ring and told the woman to buy the gold from a jewelry store, to "avoid...Read More
(IDEX Online) - Pandora reported its "third straight quarter with record revenue," in spite of lockdowns in China and a year-on-year comparison with post-Covid stimulus checks in the US.The Danish jewelry giant said sales in the three months to 30 June were $771m, three per cent up on the same period last year.Key European markets delivered double digit organic growth vs 2021, but the US was down...Read More
Pandora has named Mary Carmen Gasco-Buisson as its new chief marketing officer to help the brand achieve growth.Gasco-Buisson has extensive consumer brand experience in several categories, including fragrances, beauty and women's health. She is currently global vice president of Unilever, where her achievements include heading the turnaround of men's personal-care brand Axe. She previously held le...Read More
(IDEX Online) - The USA's only active diamond mine is celebrating its 50th anniversary with limited edition replicas of its most valuable find - a $1m-plus gem.The Crater of Diamonds State Park, near Murfreesboro, in Arkansas, charges day trippers $10 a day to sift the soil - and lets them keep any gems they find.In 2015, Bobbie Oskarson, from Colorado, found a rough, icicle-shaped 8.52-cts s...Read More
RAPAPORT... The International Gemological Institute (IGI) will perform valuation services for the pieces listed on Luxus, a precious-gem and high-jewelry investment platform. Through this partnership, IGI's evaluation team will generate appraisal reports for each piece of jewelry on the Luxus platform, the parties announced Tuesday. The institute will include the item's retail replacement val...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 7 points in pre-opening trade.Index futures were virtually unchanged following release of the August Philly Fed report at 8:30 AM EDT. Consensus was a drop of 5.0 versus a decline of 12.3 in July. Actual was an increase of 6.2%Cisco advanced $1.55 to $48.16 after reporting higher than consensus fiscal fourth quarter re...Read More
Copper scarcity may emerge as a key destabilizing threat to international security in the 21st Century an analysis by S&P Global found this week."Projected annual shortfalls will place unprecedented strain on supply chains. The challenges this poses are reminiscent of the 20th-century scramble for oil but may be accentuated by an even higher geographic concentration for copper resources and the do...Read More