RAPAPORT... Jewelers of America (JA) honored retailers, designers andjournalists at Friday's GEM Awards in New York. Stewart Wicht, whoretired as CEO of Rolex Watch USA in December, picked up the LifetimeAchievement accolade in recognition of his contribution to the industry duringhis lengthy career at the company. Tiffany & Co. also received an award forits marketing efforts. The event's 17...Read More
(IDEX Online) - The diamond industry has moved from a relatively stable environment to a highly uncertain environment, with 2019 and the years ahead seeing lab-grown diamonds for jewelry entering a growth phase, said ABN AMRO Bank in a report. The launch by De Beers of its lab-grown diamond jewelry line "has serious consequences for the actors in the diamond industry," according to the rep...Read More
(IDEX Online) - Mountain Province Diamonds Inc. announced that production at the Gahcho Ku?(C) diamond mine achieved a record figure of 6.94 million carats last year. Q4 and Full Year 2018 Summary With another solid operating quarter in Q4 2018, the GK mine ended 2018 with record diamond production of 6.94 million carats at an average grade of 2.17 carats per tonne, 17% higher than the prev...Read More
(IDEX Online) - The Israel Diamond Exchange (IDE), organizers of the International Diamond Week in Israel (IDWI), reports that due to overwhelming registration for the event only a few hotel rooms for participating buyers are available. IDWI is offering eligible buyers three complimentary nights at a local hotel, but organizers warn that late registration will not guarantee free hotel acco...Read More
Three-month base metals prices on the London Metal Exchange were firmer across the board this morning, Wednesday January 16, with prices up by an average of 0.8%. This after further temporary stimulus measures from China gave sentiment a boost. Zinc led the advance with a 1.7% increase to $2,497 per tonne, followed by copper that was up by 1.1% at $5,973 per tonne. Tin was the laggard with a 0.1%...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 5 points in pre-opening trade.First Data gained $3.50 to $20.99 and Fiserv dropped $3.44 to 71.60. Fiserv has offered to acquire First Data (FDC $) in a share exchange valued at $22 billion. Each share of First Data will convert into 0.303 shares of Fiserv.United Continental (UAL $81.20) is expected to open higher afte...Read More
Over the last two weeks, after making good on the four-rate interest hike of 2018, Fed Chairman, Jerome Powell, became more dovish to start 2019.His change in tone is worth considering because of his historical stance on reducing the amount of artificial stimulus coming from the Fed. Last week, after the required five-year holding period for Fed transcripts were up, we got a glimpse into Powell's...Read More
I heard an unsettling alarm as the screen in front of me flashed red.“Keep your eyes on the road, Zach!”The instructions caught me off-guard. I was getting scolded for looking at my instructor. And it was the car scolding me!“Our dashboard sensor picked up on the fact you were looking at me instead of the road. It can also tell if your eyes are getting sleepy or if you’re n...Read More
January16, 2019 - Vancouver, BC - ATAC Resources Ltd.(TSX-V:ATC) ("ATAC" or the "Company") announces final 2018 exploration resultsfrom its 660 km2Rau Project,located at the western end of the Company's Rackla Gold Property, Yukon.The remaining results from the highly prospectiveBobcat, Condor and Spotlight targets have advanced our understanding of thebroad controls on mineralization throughout t...Read More
A Colorado School of Mines professor has been awarded funding from NASA to develop the highest-resolution 3D images ever of what lies in the interior of Mars' polar ice caps."Just like on Earth, the ice caps are witnesses of the climate on Mars - it's a bit like observing tree rings," said Paul Sava, professor and Green Chair of Exploration Geophysics with the Center for Wave Phenomena at Mines. "...Read More
Russian billionaire Alexey Mordashov's mining company, Nordgold, has increased its stake in Canadian junior Columbus Gold (TSX: CGT; US-OTC) to 9.96% on a non-diluted basis and 11.18% if it were to exercise all of its warrants.The Moscow-headquartered company acquired 4.61 million units in a private placement at 20 ? per unit on January 14. Each unit consists of one common share and one-half warra...Read More
Iamgold (TSX: IMG; NYSE: IAG) expects to produce fewer gold ounces while incurring higher all in sustaining costs and total cash costs in 2019 compared to 2018, the company said in its year end production results and 2019 guidance.Iamgold produced 882,000 attributable oz. gold in 2018, achieving the higher end of its production guidance. However, the company expects its total cash costs and a...Read More
Alamos Gold (TSX: AGI; NYSE: AGI) produced 505,000 ounces of gold from its four mines in North America last year and expects a "similar rate of production" this year.The company anticipates production of between 480,000 and 520,000 ounces of gold in 2019 at total cash costs of between US$710 and US$750 per oz., down 10% from its revised 2018 guidance of US$810 per oz., and all-in sustaining costs...Read More
Mahenge the Cinderella of the graphite space?SPONSOREDblack rock miningSky is the limit for BSK at Amarillo GrandeSPONSOREDblue sky uraniumNew Energy brings experience to new dawnSPONSOREDnew energy mineralsSustained investment in people a big plus for consultancySPONSOREDbyrnecutJanuary in Australia is a hopeless time to get anything done. It's rather like August here in the UK, but worse.Read More
King Ck Films & VlogsRead More
Robert Moriarty, the proprietor of 321Gold.com, gives his highly informed and opinionated view of economics and geopolitics in view of the world and markets.Read More
Chen Lin, a very successful independent investor, shares some of his top picks and his insights into the Chinese economy and how they may impact markets in 2019.Read More
Jay introduces the guests and sponsors and Michael Oliver provides his usual updates on gold and other markets of greatest importance.Read More
Aeris Resources Limited (ASX: AIS) is currently Australia's fifth largest, independent copper producer by volume produced. Its flagship asset, the Tritton Copper Operations in New South Wales, has delivered record production in recent years and is targeting production of 24,500 tonnes of copper in FY2019. The Tritton Copper Operations include multiple mines and a 1.8 million tonne per annum proces...Read More
Alex J. Pollock, distinguished senior fellow at the R Street Institute in Washington and former president of the Federal Home Loan Bank of Chicago, calls in to discuss the state of our central bank's own finances. @RSI @FHLBC3:07 Unrealized losses and the printing press6:27 Treasury issuance and the Fed9:45 Negative capital. Does it matter?15:55 Partially paid-in capital; echoes of the banking par...Read More