RAPAPORT... Reuven Kaufman, president of New York's Diamond DealersClub (DDC), spoke with Rapaport senior news reporter Joshua Freedman at therecent International Diamond Week in Israel.Retailers had a good holiday season, but have been wary about taking on too muchinventory due to global economic factors affecting sentiment, Kaufmanexplained. He also outlined how changes in Chinese buying habits...Read More
RAPAPORT... Alrosa has stopped supplying rough diamonds to Lev Leviev'sLLD Diamonds through its contract-sales arrangement, as part of a reshuffle of the miner's long-term client list.The tycoon's Israel-based firm is one of "several" former customersthat have dropped off the 2019 supply roster, known as the Alrosa Allianceprogram, the Russian company said. "Last year, there was a decision to...Read More
RAPAPORT... The Gemological Institute of America (GIA) will offer $2million in scholarship funds to aspiring students in 2019, it said Wednesday. Students interestedin its gemology and jewelry-manufacturing arts programs, distance-educationcourse and lab classes can apply for funding. "Scholarships are a very important part of ourmission-driven education programs, helping hundreds of student...Read More
(IDEX Online) - Tach?(C) company and Samir Gems jointly announce the purchase of the 29.59-carat fancy pink diamond, "The Rose of Kao" (Lesotho). The diamond was purchased at an undisclosed price by a partnership between Tach?(C) and Samir Gems, Tach?(C) said in a statement. Under the deal, Namakwa Diamonds will retain an ownership percentage in the diamond, thus participating in th...Read More
"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftGolden Mile positioned for successSPONSOREDgolden mile resourcesCardinal advances at pace in Ghana SPONSOREDcardinal resourcesRevised Leonora PFS is next for KinSPONSOREDkin miningThe drill hole included multiple 1m intersections with grades above 20% copper and Ivanhoe said DD1450 was the t...Read More
A dovish US Federal Reserve stance, a weaker dollar and a firmer Chinese yuan, which may indicate confidence in US-China trade talks, are all helping to underpin the three-month base metals prices on the London Metal Exchange this morning, Thursday January 31. Lead and zinc prices led on the upside with gains of 0.6% and 0.5% respectively, followed by rises of 0.4% in tin, 0.3% in aluminium,...Read More
Fastmarkets MB Research has a very good track record of producing accurate price forecasts for the base metals. In Fastmarkets Apex survey, which ranks the forecasting accuracy of more than 20 commodity bank analysts and trading desks, we regularly feature in the top-five leader boards. Bronze for Fastmarkets In the latest results, published last week, we took the number three...Read More
U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged in pre-opening trade. Index futures were virtually unchanged following release of weekly Initial Jobless Claims at 8:30 AM EST. Consensus was 211,000 versus 200,000 last week. Actual was 253,000. The Canadian Dollar was virtually unchanged following release of November Canadian real GDP. Consensus was a year-over...Read More
I can’t believe I’m saying this...But even with a $630 billion valuation, the market still doesn’t love Alphabet (GOOG) nearly enough.The market is missing something huge about Alphabet. Investors are completely ignoring a “hidden asset” that Alphabet owns which alone is worth more than most publicly traded companies.I believe that factoring in the value of this ̶...Read More
Lumina Gold (TSXV: LUM; US-OTC: LMGDF) has announced new drill results from the Gran Bestia zone at its Cagrejos gold project in Ecuador that, along with drilling by the property's previous owner, confirm a second deposit that could substantially increase the project's scale."It's early days here right now, but we're pretty optimistic about what we're seeing so far mineralization-wise," Lumina pre...Read More
Potential liabilities from the collapse of a tailings dam at Vale's Feijao iron ore mine in Brazil that has left at least 99 people dead and another 250 people missing has resulted in Moody's Investors Service placing the company's senior unsecured ratings on review for downgrade, along with the ratings on debt issues of Vale Overseas Ltd. and the senior unsecured ratings of Vale Canada Ltd."Altho...Read More
"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftGolden Mile positioned for successSPONSOREDgolden mile resourcesCardinal advances at pace in Ghana SPONSOREDcardinal resourcesRevised Leonora PFS is next for KinSPONSOREDkin miningIn a recent clearout of long-hoarded papers, I came across a 1982 article penned by economist Walter Adams criti...Read More
Joined by Walter Coles, Jr. the President & CEO of Skeena Resources (TSX-V: SKE | OTCQX: SKREF | FRA: RXFB) at the 2019 Vancouver Resource Investment Conference. Skeena is laying out a long term multi-tier strategy to combat the predicted long term bullish market.StockPulse: https://www.stockpulse.com/skeena-res...Website: https://www.skeenaresources.com************************Check out our websit...Read More
Allan Saint-Maximin AC Milan, Allan Saint-Maximin Milan 2019, Allan Saint Maximin AC Milan, Allan Saint-Maximin 2018/19, Allan Saint-Maximin 2019??"?Future House Top 50 playlist: https://spoti.fi/2QkFWvo1st track * Aniello - Nano https://youtu.be/bIszyfrwjqM2nd track * Bali Bandits - Claes https://youtu.be/O6wGb3kCicM*If you have anything against my uploads (use of content etc.), please don't make...Read More
RCR called in administrators in November last year after its lenders refused the company more money to service contracts. It collapsed owing creditors more than $500 million.NRW doubled its revenue in FY18 to more than $750 million, and posted a net profit of $42 million (up nearly 50% year-on-year), on the back of its successful acquisition of Queensland mining and civil contractor Golding in Sep...Read More
After a two-year survey involving over 1,000 people, it was agreed the total mining area compensation payable was US$2 million, with Walkabout having negotiated for a staged payout over six months.The market was pleased with the news, with Walkabout's shares rising 4.17% Thursday to A10c (US7.27c).The company noted compensation costs were more than estimated in the definitive feasibility study, du...Read More
Please click here for the full transcript: http://financialrepressionauthority.c...Yra Harris is a trader with over 32 years of experience in all areas of commodity trading, with broad expertise in cash currency markets. He has a proven track record of successful trading through combination of technical work and fundamental analysis of global trends; historically based analysis on global hot money...Read More
Erik Townsend and Patrick Ceresna welcome Grant Williams back to MacroVoices. Erik asks Grant if we in a cyclical bear market and where he feels treasury bond yields are headed next. They discuss tensions between China and Taiwan, the rise of global populism and the future of France and Europe. Grant shares his update on how things are developing on Australian Real Estate and the risks of a recess...Read More
Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," as well as a popular daily financial blog: www.jugglingdynamite.com. Danielle worked as an attorney until 1997 when she was recruited to work for an intern...Read More
Jason talks about Wednesday's Fed announcement and how rate hikes and QT may be doneRead More