Would you like to know one simple way of achieving investment successes and getting rich? That’s great, I will reveal this secret to you – and you even don’t have to click anything! The trick is to find a bull market and go long! And, what a coincidence, gold is right now in the bull market… If you don’t believe, then look at the chart below. If the chart does not p...Read More
RAPAPORT... Workers at De Beers' and Petra Diamonds' operations in South Africa are planning to go on strike after the parties failed to reach an agreement in their respective wage talks.Members of the National Union of Mineworkers (NUM) will begin a "protected strike" - meaning union workers cannot be disciplined by their employer for taking part - once they receive final approval, NUM said...Read More
RAPAPORT... De Beers will expand the availability of its Lightbox line of lab-grown diamond jewelry through partnerships with 10 independent jewelers in the US and Canada.The brand will launch at 28 stores in the midwest, northern California and the east coast, including Diamond Cellar, The Jewelry Center and DeVons Jewelers. IJL, in Canada, will also carry Lightbox in its locations, the lab-grown...Read More
RAPAPORT... A number of US retailers will launch their holiday sales earlier this year as a way to prevent overcrowding by last-minute shoppers and minimize health and safety risks."Retailers are prepared for an early start to the shopping season, offering discounts earlier to ensure consumers can find the gifts they want," National Retail Federation (NRF) CEO Matthew Shay said last week. The holi...Read More
(IDEX Online) - Organizers of the ill-fated Baselworld have announced details of its successor, HourUniverse.And they have revealed the event's tag line - It's We Time - to the amusement of some in the trade press.MCH Group describe HourUniverse in a press release as "a hybrid platform that serves the watch, jewellery and gemstone community with a year-round, modern digital of...Read More
(IDEX Online) - Diamond miners in South Africa are threatening to strike at De Beers and Petra after pay talks collapsed.The industrial action, announced on Friday, will also affect Exxaro, the biggest coal supplier to state-owned electricity company Eskom.De Beers has reportedly offered a 1.5 per cent increase in response to union demands for an eight per cent rise for all workers.William Mabapa,...Read More
(IDEX Online) - The world's largest black lab-grown diamond has been by produced by UK-based Meylor, weighing in at just under 116 carats.The 115.65-carat (29.40mm x 27.90mm x 23.44mm) Type IIb rough crystal was graded by the International Gemological Institute (IGI) and has been recognized by Guinness World Records. The company also produced a second, slightly smaller black d...Read More
Kinross Gold Corp. is moving to secure additional supply for its Alaska gold operations by buying a controlling interest in the Peak Gold project from Royal Gold, Inc., and Contango Ore, Inc., for $125 million.Read full newsRead More
I like to find "the next big thing" that no one else sees.Then I position early in quality speculations ahead of the trend.It's how I've been able to find serial success in the publishing and early-stage funding space - what some would call venture capital - for a decade now.I think I know what the next big thing is. And I'm now making my early speculations.But when I say early... I mean early.It'...Read More
Oct 05, 2020 Guest(s): Lyn Alden Founder, Lyn Alden Investment Strategy Monetary stimulus broke records this year as the Federal Reserve launched infinite quantitative easing, but in a low interest rate environment, monetary policy is less important than fiscal policy in determining asset prices, said Lyn Alden, founder of Lyn Alden Investment Strategy. The last time the federal deficit as a per...Read More
Here are five Fastmarkets stories you might have missed on Monday October 5 that are worth another look.Tata Steel Europe has strongly denied reports that it will sell its UK-based asset to Chinese steel giant Jingye.After United States sanctions cut off supplies of microchips...Read More
The three-month nickel price on the London Metal Exchange was higher at the close of trading on Monday October 5, climbing firmly above nearby resistance at $14,600 per tonne despite the complex-wide absence of Asian trading volumes.A similar upsurge saw LME tin futures close above the $18,000-per-tonne threshold for the first time in a fortnight.Nickel's outright price on the LME closed at $14,64...Read More
Bob Moriarty ArchivesOct 5, 2020In the last month or so I have done half a dozen interviews. In each I said that the next couple of months easily could be the most significant in US history. With the news that the President and First Lady both test positive in the PCR Corona test (which doesn’t test for Covid-19) the weird just got a whole lot weirder. As cynical as I am, no matter how cynic...Read More
After United States sanctions cut off supplies of microchips for Huawei smartphones, alarm bells began to ring out across all Chinese industries deemed as pivotal to the country's future development, but reliant on imported materials.And the base metals sector is one of the key areas, according to the chairman of Zijin Mining, Chen Jing-He. "Now we know the importance of securing the sup...Read More
Here are five Fastmarkets stories you might have missed on Monday October 5 that are worth another look.Tata Steel Europe has strongly denied reports that it will sell its UK-based asset to Chinese steel giant Jingye.After United States sanctions cut off supplies of microchips...Read More
The non-renounceable pro-rata entitlement issue is pricing new shares at 10c each.Each new share will come with an option exerciseable at 18c before November 2021.TNG needs an estimated $824 million to develop Mount Peake, with the 37-year, 2 million tonne per annum project said to be capable of generating pre-tax net annual operating cashflow of $359 million.Last month TNG appointed KPMG as its f...Read More
After United States sanctions cut off supplies of microchips for Huawei smartphones, alarm bells began to ring out across all Chinese industries deemed as pivotal to the country's future development, but reliant on imported materials.And the base metals sector is one of the key areas, according to the chairman of Zijin Mining, Chen Jing-He. "Now we know the importance of securing the sup...Read More
The AIM-listed company was forced to shut down Sasa mid-September after leaking around 8,000 cubic metres of tailings material into a local river.Read More
Here are five Fastmarkets stories you might have missed on Monday October 5 that are worth another look.Tata Steel Europe has strongly denied reports that it will sell its UK-based asset to Chinese steel giant Jingye.After United States sanctions cut off supplies of microchips...Read More
Global production volumes of silico-manganese rose by 0.6% in August from July on growth in the Asia and Oceania markets, the latest data from the International Manganese Institute (IMnI) shows.Global silico-manganese production rose to about 1.44 million tonnes of manganese alloy in August, which represented a fall of 8.6% year on year, the data shows.Silico-manganese production from the Asia and...Read More