(IDEX Online) - Mountain Province Diamonds Inc. reported that production guidance for the for the Gahcho Ku?(C) Mine in the three-year period 2019 to 2021 provides evidence of "a sustainable and smooth mining rate as the mine performance maintains a steady state". For fiscal year 2019, 6.6 million carats - 6.9 million carats were recovered, with production costs of $110 - $120 per tonne pro...Read More
(IDEX Online) - Zimbabwe does not plan to change its ownership rules for diamonds, its mining minister said on Monday, hitting hopes among some investors of a more friendly approach. The country's indigenization law states that the government must hold 51% of diamond and platinum mines. Zimbabwe changed its empowerment law in March limiting the rules that mandate majority state...Read More
(IDEX Online) - CEDEX, the first certified Blockchain based diamond exchange that focuses on bridging the gap between the traditional diamond industry and the innovative financial markets, has launched the beta version of its diamond commodity exchange. The move comes seven months after raising more than $20 million in an Initial Coin Offering (ICO). CEDEX says it platform connects...Read More
PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedImperial filed a lawsuit in the British Columbia Supreme Court in 2016 alleging negligence and breach of contract by both engineering firms Knight Piesold and AMEC, which is now Amec Foster Wheeler, following the August 4, 2014 failure.The company said the lawsuit was settled among all parties, resulting in net payments due to the...Read More
Despite a firmer dollar, the three-month base metals prices on the London Metal Exchange are up across the board by an average of 0.8% this morning, Wednesday November 28. Nickel and tin are the outperformers with gains of 1.4% and 1.1% respectively.Copper prices are up by 0.8% at 4$6,160 per tonne. Volume has been average, with 5,147 lots traded as at 6.48am London time. The precious metals...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 13 points in pre-opening trade. Investors are waiting for a speech by Federal Reserve Chairman Jerome Powell to be released at the Economy Club of New York at noon.Index futures were virtually unchanged following release of U.S. third quarter real GDP at 8:30 AM EST. Consensus for second estimate of third quarter real...Read More
My 14-year-old daughter has taken it upon herself to help me with my holiday shopping.She’s been sending me links to everything from clothes to stocking stuffers to electronics that she wants under the tree for herself or her siblings.This week, she’s been joined by her brothers and sisters too!At this point I’m getting requests at all hours of the day. It’s like these kids...Read More
DR Congo: Is government intervention the real risk to watch?SPONSOREDverisk maplecroftMahenge 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 mineralsIt is, or is almost, that time of year again where we are all required to pretend we like each other. ...Read More
In this Wall Street View, our host spoke with Brien Lundin, Publisher of the Gold Newsletter and Host of the New Orleans Investment Conference, at the New Orleans Investment Conference 2018.Gold Newsletter: https://jeffersoncompanies.com/gold-n...New Orleans Investment Conference: https://jeffersoncompanies.com/new-or...Subscribe NOW to Stock News Now: http://bit.ly/1Q5YfymNew videos are added alm...Read More
Doug Ramshaw, President, had the pleasure of being invited to the Osisko Dinner to discuss Minera Alamos' 3 operations in Mexico during the Metals Summit in Zurich, November 2018.Read More
Nov 29, 2018 Guest(s): Edward Egilinsky Managing Director, Head of Alternative Investments, Direxion Copper has the best potential of all the metals to outperform in 2019 based on fundamentals, said Edward Egilinsky, managing director of Alternative Investments at Direxion. "I think it would be copper on the standpoint of a deal with China, and also Chinese stimulus within their economy to boost...Read More
Nov 29, 2018 Guest(s): Bart Jaworski CEO & Director, Group Eleven Resources A little known fact is that Ireland is ripe with zinc and is a prime mining ground for the metal, this according to Bart Jaworski, CEO and director of Group Eleven Resources. "A lot of people don't know this but Ireland is actually number one in terms of zinc found per square kilometer, so there's a lot of deposits that...Read More
Looks like we just hit an inflection point. So far this morning:U.S. new home sales drop to more than 2-1/2-year low(Reuters) – Sales of new U.S. single-family homes tumbled to a more than 2-1/2-year low in October amid sharp declines in all four regions, further evidence that higher mortgage rates were hurting the housing market.The Commerce Department said on Wednesday new home sales dropp...Read More
Looks like we just hit an inflection point. So far this morning:U.S. new home sales drop to more than 2-1/2-year low(Reuters) – Sales of new U.S. single-family homes tumbled to a more than 2-1/2-year low in October amid sharp declines in all four regions, further evidence that higher mortgage rates were hurting the housing market.The Commerce Department said on Wednesday new home sales dropp...Read More
Click here for the full transcript: http://financialrepressionauthority.c...Charles Hugh Smith writes the Of Two Minds blog which covers an eclectic range of timely topics: finance, housing, Asia, energy, long-term trends, social issues, health/diet/fitness and sustainability. From its humble beginnings in May 2005, Of Two Minds now attracts some 200,000 visits a month. Charles also contributes to...Read More
Gregory Mannarino started his financial career working for the securities and trading arm of the now defunct Bear Stearns before the dot-com bubble. He is an active trader of the capital markets and has published several books pertaining to finance, global economics, and equity trading; His most recent book is titled Ultimate Guide To Money and The Markets (free ebook). Gregory currently hosts a b...Read More
The following story's been on my radar for a while, but it wasn't until I read the fictional-sounding article published in The Nation yesterday that I finally turned my focus on the issue.Continue...Read More
Jason talks about his research into GE and how there's a much larger problem in corporate bonds and corporate debt than just General Electric (GE).1) When Blue Chip Companies Pile on Debt, It's Time to Worry https://www.nytimes.com/2018/11/26/op...2) Lawmakers consider multibillion-dollar bailout for troubled pensions, retirees https://www.washingtonpost.com/amphtm...Read More
Frank Holmes is the CEO and chief investment officer of U.S. Global Investors, Inc., a boutique investment advisory firm based in San Antonio that manages domestic and offshore funds specializing in the natural resources and emerging markets sectors.Read More
Jordan Roy-Byrne, Founder of The Daily Gold joins me today to share his thoughts on the strategy of holding cash and deciding when to start buying. During tax loss selling there are a number of people who say it is a great time to start buying. However there are many factors to consider and right now holding cash is a preferable position to be in. We also dive into the silver chart.Jordan Roy-Byrn...Read More