The benefits to be gained from a newly acquired entity, as well as a review of the company's 2018 performance and 2019 guidance, were discussed in a ROTH Capital Partners report. In a March 3 research note, ROTH Capital Partners analyst Jake Sekelsky reported that while Great Panther Mining Ltd.'s (GPR:TSX; GPL:NYSE.American) 2018 results were "generally in line with our expectations, we believe...Read More
These geologic formations open new areas for exploration on the property. MAG Silver Corp. (MAG:TSX; MAG:NYSE.MKT) announced in a news release that results from the 48-hole, 46,060 meter (46,060m) diamond drill program at the Juanicipio project it co-owns with Fresnillo Plc (FRES:LSE) were positive and unearthed a new discovery.The goal of the campaign was to expand and infill the Deep zone min...Read More
By: Ira EpsteinGold - 100 week average (~$1272/3 and rising) possible correction low. Biased down. Oversold.Gold/Silver ratio -- higher it goes, the more silver you load up in your shopping cart:Read More
GoldSeek Radio's Chris Waltzek talks to Dr Steven Leeb http://www.leeb.com/ Read More
By: Rambus I know it may have come as a shock to some of you on why I raised some capital by selling a few PM stocks today. Whenever you see a false breakout of any chart pattern and the price action trades below the bottom rail of the original pattern that can setup a bearish situation. It's like a head fake. The stock forms what looks like a great breakout and maybe even accompanied by a break...Read More
The recent monthly statements of account published by the Bank for International Settlements indicate that the bank is still actively trading gold swaps, which the bank uses to gain access to gold held by commercial banks.There is not enough information in the monthly reports to calculate the exact amount of swaps, but based on the information in the BIS' just-published statement of account for...Read More
In my first Premium Post back in January, "2019 Economic Headwinds Look Like Storm of the Century," I laid out sixteen major headwinds that would be howling against the economy this year. One of those was the government debt, which I said was about to skyrocket:If you thought the government deficit exploded last year when taxes were cut and spending was increased, wait until you see how bad it l...Read More
ASIAN METALS MARKET UPDATEMomentum for gold and silver is bearish. I am happy with the correction. There will be good demand in every Asian nation. Buyers and investors will vanish if gold and silver fall next week. European central bank meeting today can affect euro as well as bullion. Lower growth forecast for this year has already been factored in by the markets and such they will not impact....Read More
Full Article: The Golden TrapBy: Marin KatusaAs I write this, gold is flirting with breaking through $1,350 and it's getting everyone excited.Well, the gold bugs that is.Full Article: The Golden TrapBy: Marin KatusaDisclaimer (C) 2018 Stock Trends Report/ (C) 2010 Junior Gold Report Stock Trends Report/Junior Gold Report Newsletter and website: Stock Trends Report Newsletter/Junior Gold Report...Read More
As COMEX Gold moves toward $1500 in the months ahead, the gold to silver ratio will likely see insane new all-time highs of 85 or even 90. Craig explains...by Craig Hemke via Sprott Money NewsSurely, by now, you know the drill. The price of COMEX Digital Silver rallies. Price breaks key technical level. Banks then increase the float of available contracts. Price stalls. Price crashes. Wash. Rinse....Read More
Diamond trade cautious after slow Hong Kongshow. Demand selective and inventory levels high, with buyers insisting on deepdiscounts for goods under 0.50 ct. Low manufacturing profits reducing Indianpolished production as smaller goods not making money. 0.30ct. RAPI -0.6%, 1ct. RAPI +0.1% in Feb. with better market for 0.70 to 1.99 ct. De Beers prices flat at $490 million sight. Far East consumerou...Read More
Manufacturers maintaining reduced production in quietmarket. Margins under pressure due to high rough prices at De Beers sight and subduedpolished demand. Steady orders for 0.50 to 1.99 ct., G-H, VS2-SI1 (3X, nofluorescence). Stones with good or fair cut very hard to sell. Melee stable,with selective demand for stars, but manufacturers want to sell bigger meleesizes, as they offer better profits....Read More
RAPAPORT... Sales at Alrosa fell 36% year on year to $345.6 millionin February as a slowdown in the rough market continued. Rough-diamond sales dropped 36% to $340.6 millionfor the month, according to Rapaport calculations based on Alrosa reports.Polished revenues slid 45% to $5 million. Overall demand has improved versusJanuary, however, with total sales up 23% month on month, the Russian miner s...Read More
RAPAPORT... Retail sales of jewelry and other luxury items increased inHong Kong in January, boosted by the earlier timing of the Lunar New Year and highertourism. Revenue from jewelry, watch, clocks and other valuable giftsimproved by 4.7% year on year to HKD 8.47 billion ($1.08 billion), themunicipality's Census and Statistics Department reported Tuesday. Sales in allretail categories were...Read More
RAPAPORT... Four of Asia's industry groups have agreed to work together on standardizing language and rules for the diamond trade. The National Gemstone Testing Center (NGTC), the Gem andJewelry Institute of Thailand (GIT), the Gemmological Institute of India (GII),and the China Gems & Jade Exchange (CGE) signed a memorandum of understanding(MoU) to further that effort, the NGTC said. Th...Read More
Diamcor, a Canadian junior diamond miner, said it had sold 1,220 carats of rough diamonds from the Krone-Endora at Venetia project in South Africa at its second tender held in the first quarter of the year. The sale netted the junior miner $376,000, with an average price of $308 per carat sold. This represented a significant improvement over the average price - $176 per carat - on all rough diamon...Read More
GIA (Gemological Institute of America) opened its new laboratory in Kowloon in the presence of Susan Jacques, GIA president and CEO, and Tom Moses, GIA executive vice president and chief laboratory and research officer. The opening reception of GIA's new and expanded location was held in mid-February with laboratory clients and industry executives in attendance. "Hong Kong is a vital center of th...Read More
ALROSA of Russia, a global, leading diamond producer, reported it has sold $345.6 million worth of rough and polished diamonds in February. The sales amount represents an increase of 23 percent compared to January 2019. ALROSA's rough diamond sales increased to $340.6 million, compared to $278.2 million in January 2019, while polished diamond sales grew to $5 million, compared to $3.4 million a m...Read More
Jewelers of America (JA) has announced the agenda and opened registration for the first annual Jewelers of America National Convention, an education-focused executive forum open to jewelry professionals. The Convention will take place July 28-29, 2019, at the Intercontinental New York Barclay in New York City The two-day convention will feature data-driven keynote presentations and a wide range of...Read More
Canadian diamond miner Star Diamond shared the results of a recent survey of its Star and the Orion South kimberlites, confirming the relative abundance of type IIa diamonds at these projects in central Saskatchewan. Across the board, type IIa diamonds make up less than three percent of a diamond mine's production. Therefore, the results of this study conducted which estimate that 26.5 percent of...Read More