Recent News

Gold: A New Type Of Price Correction

February 13, 2019 / news.goldseek.com

By: Stewart Thomson, Graceland Updates: 1. Is the latest tiny price correction in gold already done? 2. Please click here now. Double-click to enlarge this daily gold chart. The uptrend looks majestic, and especially so in the face of the dollar's strength against the euro and the yen.3. Whether gold rallies from the current $1306 support zone or from $1280 is not imp...Read More

Ask your mining companies what they're doing about price suppression

February 13, 2019 / news.goldseek.com

Dear Friend of GATA and Gold:GATA's old friend B.L. has forwarded the text of an excellent letter he has e-mailed to a monetary metals mining company in which he long has been invested, asking whether the company will ever respond to the growing number of disclosures of manipulation of the gold and silver markets.The letter easily could be adapted by any monetary metals mining company investor f...Read More

Here's How the Rally Could Turn 'Magnetic'

February 13, 2019 / news.goldseek.com

The Indoos stalled Monday almost precisely at the 25,440 midpoint Hidden Pivot shown. Buyers subsequently gave up almost no ground, setting up a likely move past the resistance on Wednesday. If it's decisively exceeded, that would all but clinch more upside to the 25,998 target. This was already no worse than an even-odds bet because the initial thrust, labeled A-B in the chart, exceeded two...Read More

Chemesis International - On the Move

February 13, 2019 / juniorgoldreport.com

Chemesis International Inc. (CSE: CSI) (OTC: CADMF) (FRA: CWAA) is on the move again with plans to add another 25,000 sq.ft. of manufacturing space in Cathedral City, California. It is anticipated that this new facility will be up and running by Q2 2019. NEWSThe additional space will allow for expansion of the company's finished goods which currently include beverages, edibles and other consu...Read More

Alrosa Exhibits 'Record-Breaking' Colored Diamonds

February 13, 2019 / www.diamonds.net

RAPAPORT... Alrosa has launched an exhibition of rare polished coloreddiamonds, including a 14.83-carat pink that is the largest of its colorin Russian history, the miner said Wednesday. The oval-shaped stone was cut from a 27.85-carat rough that the company recovered in 2017 from its Ebelyakh mine in Yakutia. The miner'slargest pink diamond prior to the discovery weighed 3.86 carats. "The si...Read More

Helzberg Diamonds Launches Synthetics Line

February 13, 2019 / www.diamonds.net

RAPAPORT... Helzberg Diamonds has launched its owncollection of lab-grown jewelry, Light Heart, citing increased consumer demand for synthetics. The jeweler - owned by Warren Buffett's Berkshire Hathaway- first introduced the line late last year in a limited number of itsstores, it told Rapaport NewsWednesday. Prices of Light Heart items on Helzberg's retail site ranged from $400 to $9,000 at...Read More

Engagement-Ring Demand Drops in 2018 - Survey

February 13, 2019 / www.diamonds.net

RAPAPORT... Fewer US consumers bought jewelry for their wedding in 2018, while the number of couples opting for an engagementring also dropped, according to The Wedding Report. The proportion of couples that bought an engagement ring when getting married fell 1.1% in 2018, with 87% purchasing one, according to a survey by the market-research company. Demand for women's wedding bands also decl...Read More

G? 1/4 belin Testing Nano-Tracking for Diamonds

February 13, 2019 / www.diamonds.net

RAPAPORT... G? 1/4 belin Gem Lab is studying how it can place microscopiclabels on diamonds to track them through the supply chain. The Swiss institute launched its Emerald Paternity Test in2017, applying invisible nanoparticles to rough stones to enable industrymembers and consumers to trace the goods back to an exact mine. It's currentlyonly practical for emeralds, as their numerous fissures mak...Read More

UK Gem Center Expands to US Market

February 13, 2019 / www.diamonds.net

RAPAPORT... The Gemmological Association of Great Britain (Gem-A) has partnered with Jewelry Television (JTV) to expand its educational services to theUS market. The UK-based organization has given accreditation to JTV to operate a teaching center in Knoxville, Tennessee, where the retailer is headquartered. The location will be the first under the Gem-A brand in North America, offering gemol...Read More

ALROSA Exhibits Largest Pink Diamond in Company's History

February 13, 2019 / www.idexonline.com

(IDEX Online) - ALROSA has conducted a media preview of a collection of large colored diamonds, including unique pink, bright yellow and pink purple gems.   The star of the show was a pink oval diamond weighing 14.83 carats - the largest pink diamond in the history of Russia. The gem it was cut from was mined in 2017 in the Ebelyakh deposit in Yakutia and became the largest pink diamond ever...Read More

Alrosa CEO Sergey Ivanov Pays Official Visit to Israel Diamond Center

February 13, 2019 / www.idexonline.com

(IDEX Online) - Alrosa Chief Executive Officer Sergey Ivanov paid an official visit to the Israel Diamond Exchange (IDE), where he was hosted by IDE President Yoram Dvash and IDE Managing Director Eran Zini.   Providing an overview of the Israeli Diamond Industry, IDE President Dvash called on Alrosa to expand its rough diamond supply to Israel. Dvash explained that the Israeli industry focus...Read More

ALROSA Points To Cyclical Reasons For Lower January Sales Figures

February 13, 2019 / www.idexonline.com

(IDEX Online) - The ALROSA Group sold $281.5 million worth of rough and polished diamonds last month, a drop of 44 percent compared to the previous year.   Rough diamond sales came to $278.2 million, while polished diamond sales netted just $3.4 million.   "In January, market activity was lower than usual," Yury Okoemov, ALROSA Deputy CEO, noted. After active restocking at the midstream...Read More

Gemological Science International Dubai Laboratory Receives EIAC Accreditation

February 13, 2019 / www.idexonline.com

(IDEX Online) - The Gemological Science International (GSI) has announced that the Emirates International Accreditation Centre (EIAC) has approved GSI's Dubai laboratory accreditation.   "The accreditation is valid not only in Dubai, where the GSI laboratory is located, but in all seven members of the United Arab Emirates," the GSI said in a statement. "GSI is the first and the only internat...Read More

More protests against Ecuacorriente in Ecuador

February 13, 2019 / www.mining-journal.com

Alderan unlocking Frisco potentialSPONSOREDalderan resourcesShuar Arutam president Vicente Tsakim expressed concern about the forced eviction of community members from the project area and demanded the government take action.Read More

Tech Talk for Wednesday February 13th 2019

February 13, 2019 / www.timingthemarket.ca

U.S. equity index futures were higher this morning. S&P 500 futures were up 6 points in pre-opening trade. Index futures were virtually unchanged following release of the January Consumer Price Index at 8:30 AM EST. Consensus was an increase of 0.1% versus a decline of 0.1% in December. Actual was unchanged. Excluding food and energy, consensus for the January Consumer Price Index was an incre...Read More

Shocking Evidence: The Market is Rigged! But Here's Why Things Aren't as Bad as You Think!

February 13, 2019 / dailyreckoning.com

“FORE!!!”My friend Chris had just hit another golf ball out of bounds. Only this time, it sailed into the adjacent fairway and nearly took the head off some guy lining up his pitch shot.Chris was NOT a good golfer. In fact, he was undeniably the worst player in our group last spring.And yet, despite hitting every other shot off-course, Chris still managed to beat me, my brothers, and o...Read More

Speer elected to National Academy of Engineering

February 13, 2019 / www.minesnewsroom.com

John G. Speer, John Henry Moore Distinguished Professor of Metallurgical and Materials Engineering at Colorado School of Mines, has been elected to the National Academy of Engineering. Election to the NAE is among the highest professional distinctions granted to engineers, recognizing those who have made outstanding contributions to "engineering research, practice or education, including, where...Read More

Commentary: Mining in the digital age

February 13, 2019 / www.northernminer.com

Early traditional miners would have never believed that the industry tools of choice would one day shift from shovels and pickaxes to automation and artificial intelligence.Mining companies are now faced with navigating how to operate - and seize the opportunities - in a market driven by constant disruption in the fourth Industrial Revolution. With a new era, comes new challenges. Companies that e...Read More

Continental Gold expands resource at Buritica

February 13, 2019 / www.northernminer.com

Continental Gold (TSX: CNL; US-OTC: CGOOF) has tabled an increased resource estimate for its Buritica gold development project in north-western Columbia that reinterprets the way the company sees its deposits and incorporates new zones called broad mineralized zones (BMZs).The company tabled its prior resource in 2015 and based it more on surface drilling as opposed to underground drilling. After...Read More

Editorial: Iron ore prices surge higher on Vale disaster

February 13, 2019 / www.northernminer.com

All of those supply and demand, and price forecasts carefully assembled in late 2018 for iron ore have become obsolete in the wake of Vale's devastating Corrego do Feijao tailings disaster in Brazil's Minas Gerais state in late January, where the grim count now stands at 165 dead, with 160 people missing, mostly Vale employees.The Dam 1 at Feijao - built in 1976 and reaching 86 metres high, with a...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok