Recent News

Gold Seeker Closing Report: Gold and Silver Close Mixed with Stocks

January 23, 2019 / news.goldseek.com

 CloseGain/LossGold $1283.00-$1.60Silver$15.36+$0.03XAU68.86+0.18%HUI151.86-0.22%GDM573.37+0.13%JSE Gold1350.79+8.99USD96.12-0.24Euro113.83+0.20Yen91.47-0.18Oil$52.62-$0.3910-Year2.746%+0.007T-Bond145.00-0.40625Dow24575.62+0.70%Nasdaq7025.77+0.08%S&P2638.70+0.22%  The Metals: Gold edged up to $1286.50 in Asia before it dropped back to $1278.70 in early New York trade and th...Read More

The Short-Term Outlook For Gold

January 23, 2019 / news.goldseek.com

By Craig HemkeLast week, we discussed our outlook for 2019 and the factors that will soon drive price to multi-year highs, and eventually, new all-time highs. This week, let's take stock of the current situation and attempt to discern the direction of price in the near term. If you missed last week's column, you should be sure to read it now. The months ahead will unfold in a manner eerily remin...Read More

Peering Over the Abyss

January 23, 2019 / news.goldseek.com

Miles Franklin sponsored this article by Gary Christenson, the Deviant Investor.From Bill Holter "Crash Alert." "For the last 6 months we have responded 'it is happening right before your very eyes!'" "The coming crash is a mathematical certainty and one that historians will ask in the future, 'what were they thinking.' While CNBC parades clown after clown to tell you this is a buying opportunit...Read More

Here's Why the Price of Palladium Just Zoomed Past Gold

January 23, 2019 / news.goldseek.com

By Frank HolmesPalladium might not fill headlines the way gold does, but it's been on fire lately. Not only has the precious metal been the best performing commodity for two years straight, but its price also just shot past gold for the first time since 2001. For the first time ever, it broke through $1,400 an ounce last week before pulling back somewhat. From its 52-week low set in August, pall...Read More

Charts for Key Stocks Show How Quickly Bulls Could Turn the Tide

January 23, 2019 / news.goldseek.com

I've bent over backwards lately second-guessing my permabear side, on a hair-trigger as I wait for the short squeeze from hell to begin. Instead, the Masters of the Universe who supposedly control the stock market like it's a PlayStation game can barely muster a decent rally other than fleeting ones on the opening bar. Have I perhaps overestimated the sleazeballs? Probably. Regardless, it all co...Read More

Davos: David Attenborough Warns We Are Damaging The World 'Beyond Repair'

January 23, 2019 / news.goldseek.com

- David Attenborough warns Davos summit - 'The Garden of Eden is no more'- "If we wreck the natural world, we wreck ourselves" warns Attenborough- If we destroy our environment, it will badly impact our economies and markets- We must put the environment at the heart of our financial and monetary systems- "Future proof" our economies, our currencies, our finances & our pensions with gold- Hop...Read More

Asian Metals Market Update: Jan 23 2019

January 23, 2019 / news.goldseek.com

Gold and silver are steady. Trump's top economic advisor is looking for commitments from China for a trade deal. Uncertainties over a trade deal will prevent gold from a big sell off. Right now the trend in gold is neutral. Silver needs to trade over $1500 to be in a bullish zone. Day traders are on the sidelines. Long term investors are using sharp dips to invest in gold. Some large fund manage...Read More

Gold Seeker Closing Report: Gold and Silver Close Mixed with Stocks

January 23, 2019 / news.goldseek.com

 CloseGain/LossGold $1283.00-$1.60Silver$15.36+$0.03XAU68.86+0.18%HUI151.86-0.22%GDM573.37+0.13%JSE Gold1350.79+8.99USD96.12-0.24Euro113.83+0.20Yen91.47-0.18Oil$52.62-$0.3910-Year2.746%+0.007T-Bond145.00-0.40625Dow24575.62+0.70%Nasdaq7025.77+0.08%S&P2638.70+0.22%  The Metals: Gold edged up to $1286.50 in Asia before it dropped back to $1278.70 in early New York trade and th...Read More

CJA Hires New Managing Director

January 23, 2019 / www.diamonds.net

RAPAPORT... The Canadian Jewellers Association (CJA) has appointedBeatrice Sturtevant as managing director, it said Tuesday. Sturtevant was previously director of operations at AlexaTranslations and business unit manager for CLS Lexi-Tech, a division of global translation firm Lionbridge. The CJA, which has more than 1,000 members, is based in Toronto. Image: Beatrice Sturtevant. (CJA)Read More

Sarine to Launch AI Grading Lab at Israel Event

January 23, 2019 / www.diamonds.net

RAPAPORT... Sarine Technologies will unveil itsfull-capacity, artificial-intelligence (AI) grading lab at the upcomingInternational Diamond Week in Israel (IDWI). The launch followsan initial pilot of the lab, which opened in Israel in February. Sarine hasmoved the lab to a larger facility, and has transitioned it from the pilot stageto its full-scale commercial level, the company told Rapapo...Read More

Miners Seeking Profits Beyond Rough

January 23, 2019 / www.diamonds.net

RAPAPORT... De Beers has been dabbling in the retail end of thediamond industry for more than 15 years, but recently, other miners have begunto follow suit, breaking out of the production box and entering other aspectsof the trade.The move into retail was a natural step for De Beers,says David Johnson, the company's head of strategic communications.Initially, De Beers undertook category marketing...Read More

Thailand Launches 'Magic Hands' Campaign Ahead of February Bangkok Fair

January 23, 2019 / www.idexonline.com

(IDEX Online) - Figures from pre-registration show major buyers from across the world, including the United States, EU countries, India, Australia, the Middle East and the ASEAN region, will be taking part in the 63rd edition of the Bangkok Gems and Jewelry Fair (BGJF).   The February 20-24 show, being held at the Challenger Hall 1-3, IMPACT Muang Thong Thani, Bangkok, will feature exhibitors...Read More

AI Tool Helps Select Eye-Clean Diamonds

January 23, 2019 / www.diamonds.net

RAPAPORT... A consumer-advice website is using artificial intelligence to identify diamonds that appear clean to the naked eye.The Diamond Pro's new tool, Ringo, helps customers make thebest diamond purchase based on their selected parameters, it said following the tool's launch on Tuesday. "Prior to Ringo, consumers would either need to upgrade inclarity to guarantee eye-cleanliness or have an ex...Read More

Alrosa says sales down in January - Interfax

January 23, 2019 / www.miningweekly.com

MOSCOW – Sales by Russia's Alrosa, the world's largest producer of rough diamonds in carat terms, are lower than a year ago so far in January, its CEO was quoted as saying by Interfax news agency on Wednesday.Alrosa competes with Anglo American's De Beers, the biggest seller of rough diamonds by value.AdvertisementAlrosa's sales of rough and polished diamonds totalled $504.5-...Read More

Sarine Launching Cutting-Edge AI-Based Laboratory at Israel Diamond Week

January 23, 2019 / www.idexonline.com

(IDEX Online) - Sarine Technologies will inaugurate its newly branded, advanced and fully automated diamond grading lab during the January 28-30 International Diamond Week in Israel (IDWI).   The launch of the only such facility based on artificial intelligence (AI) follows an initial pilot of the lab facility that opened in February 2018, the IDWI said in a statement. Sarine, an Israel-based...Read More

BlueRock expands Kareevlei resource, grades

January 23, 2019 / www.miningweekly.com

Aim-listed BlueRock has updated its 2013 inferred level of confidence in the diamond mineral resource for the Kareevlei kimberlite cluster.The company owns and operates the Kareevlei diamond mine, in Kimberley, South Africa, and appointed Z Star Mineral Resource Consultants to compile its reports.AdvertisementSince the publication of the 2013 mineral resource report, BlueRock has started mining th...Read More

Why electrification and automation are top priorities for mining companies in 2019

January 23, 2019 / www.woodmac.com

Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.The Wood Mackenzie report Global trends: what to look for in 2019 looks at emerging business models that ensure global mining companies remain at the forefront of the energy transition. Find out why electrification and autom...Read More

Botswana Diamonds to raise ?370 000 for exploration activities

January 23, 2019 / www.miningweekly.com

Aim-listed Botswana Diamonds has undertaken a share placing with existing and new investors to raise £370 000 through the issue of just over 67.2-million new ordinary shares at a placing price of 0.55p a placing share.The proceeds will be used to fund exploration activities during the current year in Botswana and South Africa, and to provide additional working capital for the company.Ad...Read More

Better throughput and grades boost output, eat into cash costs

January 23, 2019 / www.mining-journal.com

PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedElement 25 targeting clean entry into high-growth marketSPONSOREDelement 25It produced a record 220,000 tonnes of copper in the December quarter, up 24% year-on-year, bringing the full-year total to 725,300t, a 3% increase from 2017 and at the top end of its revised guidanceRead More

Metals prices consolidate while awaiting fresh direction

January 23, 2019 / www.metalbulletinresearch.com

Three-month base metals prices on the London Metal Exchange had dipped in recent days on the back of global growth concerns and after follow-through buying from last week waned, but the complex is broadly up again with average gains of 0.3% this morning, Wednesday January 23. Tin, that has been a star performer this year, was bucking the trend with a 0.3% dip to $20,390 per tonne. The rest we...Read More

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