Where do things stand with the CFTC/DOJ "investigations" and "cases" of gold & silver market manipulation? Here's an update on where things stand...Blip.On the radar.Let's keep it like that.Because this plane ain't landed.And people want to see it on the ground.But planes seem to be dropping like flies lately.Back in November, 2018, a JP Morgan trader pleaded guilty.He pleaded guilty to charges of...Read More

"At some point, Americans will become aware of the monetary properties of gold and silver. However, when they finally do, domestic silver..."by Steve St. Angelo of SRSrocco ReportWith the latest release by the USGS, silver production in the U.S. is now the lowest in more than 70 years. We have to go all the way back until the year after World War II ended to see U.S. silver production less tha...Read More

"Alrosa will assess the quality of Zimbabwe's diamond reserves over the next six months but would only start mining if it can take a majority stake in such a project, the company's chief executive said on Monday," Alrosa's CEO, Sergey Ivanov, said to Reuters "Of course we'll only be ready to participate in projects in cases where we can have management control and operational control of the assets...Read More

The Southern Times of Africa reported that Botswana expects mineral revenue for the 2019/20 fiscal year to drop due to a decline in royalty dividends. Eric Molale, Botswana's  minister of mineral resources wrote in a paper he presented to the Batswana parliament "that global diamond demand was showing signs of slowing down." Molale reported that retail jewelry sales had dropped during the las...Read More

Mining equipment manufacturer and supplier Becker Mining South Africa’s short turnaround time for the manufacturing of rope attachments provides the company with a competitive edge to take on large projects in the local mining sector, Becker Mining SA capital senior GM Tom Searle tells Mining Weekly.The company received an order for the manufacture and supply of rope attachments for an under...Read More

Graff Diamonds will be showcasing no less than three luxury watches, all set with fancy vivid yellow diamonds at BaselWorld 2019. The "Round Graff Fancy Vivid Yellow Diamond watch" is set with 211 diamonds weighing 59.25 carats. The "Graff Fancy Vivid Yellow Diamond Watch" has an oval dial. The second piece is set with 60 diamonds weighing 25.85 carats. The third yellow diamond watch will only be...Read More

PERTH (miningweekly.com) – Diamond miner Lucapa Diamond Company has reported a 90% increase in its diamond resource carats at its Lulo operation, in Angola, on the back of an independent valuation.The company on Thursday told shareholders that external consultants Z Star Mineral Resource Consultants has estimated that the in-situ resource at Lulo stood at 80 400 carats.AdvertisementThis reso...Read More

Luxury Daily is organizing the third annual Women in Luxury 2019 conference, to be held Thursday, May 9 at the UBS Building, 1285 Avenue of the Americas, New York.  Under the header of Empowered Affluence, the event "is designed to reflect the expertise and smarts of women leaders in the luxury business." The topics under discussion include: ?EUR? An indepth examination of the emerging w...Read More

Reuters reported that the precious metal palladium had passed the 1.600 per ounce mark for the first time in history this week. The significant leap in value came in the wake of the news that Russia is planning to ban the export of precious metals scrap.  fuelled concerns over an already supply-constrained market. "There have been rumours that Russia would restrict exports of some scrap mate...Read More

Alrosa published the results of its special size rough diamond auction held during the recent Hong Kong International Diamond, Gem & Pearl Show. The company sold 101 stones at a total weight of 1,829 carats that generated a revenue of $10.5 million. "The auction was held as part of one of the largest jewelry exhibitions. From year to year, global diamond market participants from around the wor...Read More

Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsThe holes, drilled 500m apart, show that the high-sulphidation epithermal deposit forming the bulk of the mineral resource which supports the project pre-feasibility study (PFS) is underlain by porphyry copper-gold mineralisation to depths of over 1,000m below surface."These two holes confirm...Read More

Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsBut the obvious resources have largely been picked clean and now the hunt for tonnage takes explorers to (mostly) former conflict zones, remote deserts and deep underground.Read More

Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsResponding to media speculation in relation to the deal, Aeris said the consideration comprised $525 million cash and $50 million of shares.The cash component could involve $250-$300 million of debt and equity of $185-$240 million, with a potential silver stream of $35-$40 million also in the...Read More

Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsBack in 2010 a moratorium on new exploration licences effectively shut out explorers wanting to gain access to Mongolia's highly prospective geology.Read More

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadership"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftGlobal Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corpIt reported a 32m intercept at the Gamlegruve workings area grading...Read More

U.S. equity index futures were lower this morning. S&P 500 futures were down 10 points in pre-opening trade. Index futures were virtually unchanged following release of economic news at 8:30 AM EDT. Consensus for Weekly Initial Jobless Claims was 225,000, down from upwardly revised 230,000 last week. Actual was 221,000. Consensus for March Philly Fed Index was an increase to 5.0 versus a drop...Read More

"I haven't started my retirement nest egg yet, and I'm worried about not having enough. How do I get started? Please help!"I've already gotten hundreds of replies from Monday's survey.And as they keep rolling in, I can't help but notice many of you facing the same questions about retirement.By far, the number one question I've received is about investing for retirement.Over the years, I've had cou...Read More

The days of the 40-year career with the same company are gone. The gold watch is gone. And in most cases, the company pension is gone too, or it's been replaced by a self-managed IRA or 401(k) plan. The first thing you need to know about retirement today is it's entirely your responsibility. Here are seven ways retirement has changed in the last 25 years and what you can do about it. 1. Inheritanc...Read More

As time passes, the newer generations lack any understanding of gold standards or even the events of 1971. There are many people who judge the future of gold based upon their belief that it is money. However, like religion, human society is fragmented and certainly neither of one faith nor one political party. While there are YouTube videos showing people preferred a chocolate bar to a bar of s...Read More

Well that didn’t take long!Just two weeks ago I wrote to you saying I believed Oaktree Capital Group (OAK) presented a great buying opportunity as a “hedge” against future stock market volatility.My plan was that Oaktree - with its near 7 percent dividend yield - would be a stock that could be held for the long term. Instead, just one week later Oaktree announced that it was bein...Read More