(IDEX Online) - The diamond market could take "the best part of two years" to recover, Goldman Sachs analyst Jack O'Brien has warned.India's manufacturing midstream, responsible fort the vast majority of the world's diamonds, has collapsed because of a lack of credit, resulting in significant stockpiles, he said.And Russian miner Alrosa expects to have amassed a year's worth of...Read More

PRIVATE BLOG - 2022 & the FuturePrivate blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.https://ask-socrates.com/Read More

KUALA LUMPUR: Shares of Borneo Oil Bhd have rallied to a two-year high in early trade today after announcing a gold deposits discovery in one of its mining plots.Read full newsRead More

Mining plays are worth considering as indirect trades on the rising price of gold, two ETF researchers say.Read full newsRead More

Greenlane Renewables Inc. is a pioneer in the rapidly emerging renewable natural gas (RNG) market.Read full newsRead More

The year 2020 has really been an epic one for financial markets. Some of the top TSX stocks that once seemed indestructible lost 60-90% of their value, while some have tripled in just a few months.Let’s discuss some of the top-gaining TSX stocks of 2020. We will see what drove them and see if there is any steam still left.Top gainers in Canadian broader markets include Shopify (TSX:SHOP)(NYS...Read More

The robust recovery in stock markets following its crash in March despite any strong fundamentals indicates that the rally might not hold for long. Besides, a sustained increase in coronavirus cases and weak economic data further strengthen the bear case.So if you’re worried about a second market crash and want to reduce risk without sacrificing much on the growth, here are my top three sugg...Read More

Aerial view of Mount Polley tailings dam breach in August 2014. Image from Business in Vancouver. Around 1 a.m. on August 4, 2014, a worker withdrawing water from the Mount Polley, British Columbia tailings pond dam was puzzled when he noticed he suddenly had no water. He would not know until later that, at the other end of the 250-hectare dam, a portion of the north-facing embankment had collaps...Read More

Image: Glencore via Instagram Copper futures prices rebounded sharply on Monday on the back of a surge in Chinese imports of the metal widely used in industry and construction.Copper for delivery in September trading in New York changed hands for $2.8850 a pound ($6,360 a tonne) in afternoon trade, snapping back 3.3% from a sharp drop on Friday.In March, the bellwether metal briefly traded belo...Read More

While the stock market is within a couple percentage points of all-time highs, gold is now testing the $2,000-per-ounce mark.This may seem counter-intuitive with both rising at the same time. In some ways it is, but it isn't.It isn't just a doom-and-gloom counter-narrative, though plenty of gold haters always see any rise in gold prices that way.Instead, what we're seeing is the formation of a lon...Read More

Image from Inomin Mines. Inomin Mines' (TSXV: MINE) shares surged 15% on Monday following its recent property acquisitions to extend the company's project portfolio beyond Canada.Last week, the Vancouver-based miner entered an agreement to acquire the La Gitana and Pena Blanca gold-silver projects in Mexico from Gunpoint Exploration (TSXV: GUN). As consideration, Inomin issued one million shares,...Read More

Pebble project site, Alaska. Image from Northern Dynasty. Northern Dynasty Minerals' (TSX: NDM) US-based subsidiary Pebble Limited Partnership said on Monday that any action by a future Democratic administration to deny its permits for the Pebble project in Alaska would be promptly overturned, given the favorable findings of the Final Environmental Impact Statement (EIS) released by the US Army C...Read More

Autonomous Truck. Image from Rail Veyor. Sudbury, Ontario-based Rail-Veyor Technologies (RVTG) won first place in the fourth annual Mining Cleantech Challenge, which took place virtually on July 23. Alongside the winning title, the company received a $5,000 prize, which RVTG announced would be used for education-based marketing.With 13 companies representing the US, Canada, Australia, and the U...Read More

The junior miners website has a directory of junior mining companies. After cleaning out the ones that no longer exist and adding in the new ones that have started up, I think there is about 2400 public junior companies out there listed on various exchanges. A lot of these newer juniors are formed to take advantage of the higher gold and silver prices we are seeing lately and are out on the hunt f...Read More

Here are five Fastmarkets stories you might have missed on Monday August 10 that are worth another look.Production activity has come under threat at Belarus Steel Works (BMZ) with workers protesting against the result of the country's presidential election on Sunday August 9.Liberty House Group,...Read More

Copper futures on the London Metal Exchange sold for more than $6,400 per tonne in afternoon trading on Monday August 10, starting the week on the front foot after a slump last Friday.At the 5pm close, 3-month copper futures were settled at $6,395 per tonne, a 1.4% gain from last Friday, when news of Chilean supply strength proved negative for market sentiment. The price had been as high as $6,428...Read More

Liberty House Group, part of GFG Alliance, is interested in purchasing Alcoa's San Cipri??n aluminium smelter in Spain, sources told Fastmarkets. Alcoa launched an informal process with the workers' representatives to discuss collective dismissals at San Cipri??n on May 28. The company announced last week that the formal consultation period for collective staff dismissals at the Spanish aluminium...Read More

Liberty House Group, part of GFG Alliance, is interested in purchasing Alcoa's San Cipri??n aluminium smelter in Spain, sources told Fastmarkets. Alcoa launched an informal process with the workers' representatives to discuss collective dismissals at San Cipri??n on May 28. The company announced last week that the formal consultation period for collective staff dismissals at the Spanish aluminium...Read More

Jack ChanPosted Aug 10, 2020Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Short-term is on SELL signal. Short-term signals can last for days and weeks and are more suitable for traders.(Click on image to enlarge)Higher prices, lower speculation. A divergence.Our ratio is now on SELL signal.$HUI broke resist...Read More

Fastmarkets will change the publication day of its European and seaborne price assessments, indices and indicators covering chrome ore and ferro-chrome to Tuesday, from Friday.Fastmarkets will change the publication day of its European and seaborne price assessments, indices and indicators covering chrome ore and ferro-chrome to Tuesday, from Friday. The prices involved are: MB-FEC-0004 - Fer...Read More