RAPAPORT... Data can be exhilarating. Earlier this week, Avi Krawitz,Rapaport's News Editor and Senior Analyst, called this reporter over to look athis screen, as there was something exciting on it. The attraction was a linechart of the RapNet Diamond Index (RAPI?,,?) for 1-carat diamondsthroughout 2018, showing that the peak price on July 6 coincided exactly withthe day the US implemented its fir...Read More
RAPAPORT PRESS RELEASE, January 3, 2019, New York... The diamond trade ended 2018 with greater uncertainty than at the beginning of the year. Diamond prices softened in the second half amid fears the US-China trade war would impact discretionary spending. Sentiment softened as the Dow Jones Industrial Average fell 6% for the year, with concerns that investors would experience a negative wealth eff...Read More
(IDEX Online) - The Diamond Producers Association (DPA), an international alliance of the world's leading diamond mining companies, has appointed Kristina Buckley Kayel as Managing Director of its North American division. Buckley Kayel assumes her new role on February 4, and will be responsible for developing and implementing the DPA's consumer marketing and communications strategy, wi...Read More
(IDEX Online) - The Indian Diamond Color & Colorstone Association (IDCA) Board of Directors has unanimously re-elected Nilesh Sheth of (Nice Diamonds) as President. Sujan Doshi (S. A. Diamonds, Inc.) was elected as the Vice-President; Shekhar Shah (Real Gems, Inc.) will take over as Secretary and Shiksha Naheta (Empresa Jewels) will join as the Jt. Secretary, while Rajeev Pandya (Ashi D...Read More
(IDEX Online) - Gem Diamonds has recovered a 125-carat high-quality white, Type IIa diamond from the Let??eng mine in Lesotho. The diamond, recovered on 20 December, is the fifteenth stone greater than 100 carats to be recovered in 2018, the miner said. On December 19, the firm announced the recovery of high-quality 101 carat and 71 carat white Type IIa diamonds which were found with...Read More
Zijin announced last Friday it had accepted 89.37% of the total outstanding Nevsun shares tendered under the takeover offer and will pay $1.67 billion for the tendered shares.Read More
Rhyolite Ridge PFS beats expectationsSPONSOREDioneerThe Vancouver Resource Investment Conference (VRIC), to be held on January 20-21, is shaping up to be the largest show in six years, organiser Cambridge House International CEO Jay Martin told MiningRead More
Three-month base metals prices on the London Metal Exchange were mixed this morning, Thursday January 3, with zinc, aluminium and lead up by between 0.4% and 0.7%, copper up by 0.1% at $5,880 per tonne, and nickel and tin lower by 0.8% and 0.2% respectively. Volume across the complex has been high with 11,375 lots traded as at 06.58am London time. Wednesdays trading saw three-month...Read More
U.S. equity index futures were lower this morning. S&P 500 futures are down 26 points in pre-opening trade. Index futures are responding to weakness in Apple after the company lowered its fiscal first quarter revenue guidance to $84 billion from $91.5 billion. JP Morgan and Moness lowered their target price on the stock. Apple dropped $12.64 to $145.28 in pre-opening trade.Index futures were v...Read More
For many new investors, the numbers of investing are a mystery.They may even appear intimidating and mind numbing. The reality, however, is that they are just the opposite! Numbers are the clues for solving the mystery.Every investment has a story. Every time someone approaches you to invest money in his or her particular investment, whatever it may be, they will tell you that story.“This co...Read More
Everyone knows that the best time to get great deals is after the holiday season.Come January, the stores need to offer some incentive to get shoppers interested in pulling credit cards that were exhausted in November and December.Apparently the stock market is thinking the same thing this year because there are plenty of great deals to be had.And I’ve got my eye on one such deal that is goi...Read More
Matt Siegfried, a physical glaciologist and new assistant professor of geophysics at Colorado School of Mines, is currently in Antarctica contributing to the Subglacial Antarctic Lakes Scientific Access (SALSA) project, and his work, to service one of the continent's remote GPS stations, was featured by the Gizmodo news site Earther. Funded by the National Science Foundation, SALSA aims to improv...Read More
At more than 60% built, mine construction has unfolded mostly as planned at Victoria Gold's (TSXV: VIT) Eagle gold project in the Yukon, according to president and CEO John McConnell."Mother nature has been the biggest nuisance," McConnell says in a telephone interview with The Northern Miner."We had an extremely wet spring, which hampered earthworks. Then we had a very warm fall and start to wint...Read More
Japan's Ministry of Economy, Trade and Industry has approved Irving Resources' (CSX: IRV) Otoineppu prospecting plan at its Omu Sinter prospect, part of its 100% owned Omu gold-silver project near Hokkaido, Japan.Irving will now submit a mine safety regulation permit to the Japanese government. The company meanwhile is trying to get work permits for a Canadian drill crew to run an upcoming drill p...Read More
The Peter Schiff Show Podcast - Episode 431RATE AND REVIEW this podcast on Facebook.https://www.facebook.com/PeterSchiff/...Big Moves in the Market Today - For those of you who have been waiting all year for the first Peter Schiff Show Podcast of the new year, 2019, here it is. We finally got a day with enough worthwhile news that it made sense for me to do a podcast. I'll probably end up doin...Read More
Economists are in a state of dismay over what to expect from the economy in the coming year. With 2018, and especially the last month, marked with nothing but volatility the consensus is just more volatility and uncertainty. For more on this, CEO of Euro Pacific Capital, Peter Schiff joins Rick Sanchez to discuss.Find RT America in your area: http://rt.com/where-to-watch/Or watch us online: http:/...Read More
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Exploring Firefox Gold's Mustajarvi Project in Finland. Source: Firefox Gold Corp.FireFox Gold Corp. [FFOX-TSXV] on Thursday January 3 reported new results from a 2018 field program at its 100%-owned Mustajarvi gold project in the Central Lapland Greenstone Belt in Finland.The company said sampling along two intersecting mineralized structures has identified high-grade gold. This expands the range...Read More
Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in the print media, including the Wall Street Journal, New York Times, Barron's, BusinessWee...Read More
Economists are in a state of dismay over what to expect from the economy in the coming year. With 2018, and especially the last month, marked with nothing but volatility the consensus is just more volatility and uncertainty. For more on this, CEO of Euro Pacific Capital, Peter Schiff joins Rick Sanchez to discuss. Peter Schiff is an internationally recognized economist specializing in the foreign...Read More