By: Mark O'ByrneIn Gold we Trust 2018 - Gold and the Turning of the Monetary TidesThe 12th edition of the annual "In Gold we Trust" report titled "Gold and the Turning of the Monetary Tides", has just been released by Ronald Peter Stoeferle and Mark Valek of Incrementum AG.The report's Leitmotif of the turning of the tide refers to three fundamental changes that are currently...Read More
The early stages of a housing bubble are fun for pretty much everyone. Homeowners see their equity start to rise and feel smart for having bought, home seekers have to pay up, but not tooContinue...Read More
"To protect our national security, the United States will implement specific investment restrictions and enhanced export controls for Chinese persons and entities related to the Continue...Read More
Metcalfe provides CFO and company secretarial services for companies in Australia, as well as advises on corporate governance matters and manages regulatory functions. He has recently worked with Synertec, Crosslands Metals, Memphasys and Kopore Metals.He is a member of the Australian Certified Practising Accountants and a fellow of the Governance Institute of Australia.Hogan will remain with Metm...Read More
"Everything that could go wrong has gone wrong...It is no longer a figure of speech to say that Europe is in existential danger; it is the harsh reality.Continue...Read More
The Ammas, Takzim Est and Arfa licences cover 87.55sq.km and are all valid for an initial three-year term, which could be renewed for a further four years thereafter.Altus CEO Steven Poulton said the licences were strategically located and had been selected on the basis of the company's remote sensing programmes across terrains considered to be prospective for zinc, copper and other base metals.He...Read More
SHANGHAI, May 29 (SMM) – Nonferrous metals futures rose across the board on Tuesday May 29, except for SHFE aluminium. SHFE tin soared 3.7% and hit the highest level in one and an half years at 155,140 yuan/mt. SHFE nickel jumped 2.8% and finished the day at a three-year high at 112,880 yuan/mt. SHFE lead and zinc rose over 1% and copper edged up.The ferrous complex also rose across the...Read More
Euro gold prices rose to 11-month highs as markets re-opened after the long holiday weekend on Tuesday, breaking above ?,?1130 per ounce after Italy's Continue...Read More
Speaking at the Resources Rising Stars conference in Queensland, Australia, Sunstone managing director Malcolm Norris said he was getting asked almost daily when the company was going to drill.Read More
Roderic Lyne, Robert Jenkins and Pavel Maslovskiy have put themselves forward as directors in a requisition backed by two anonymous shareholders, CABS Platform Ltd and Slevin Ltd, which hold a combined 9.1% of Petropavlovsk. Read More
RAPAPORT... A 10.03-carat diamond ring was the top seller at Bonhams'sHong Kong auction, which saw a total of 163 lots sold for a combined $6.7million. The oval-cut, fancy brown-pink stone - flanked by a white diamond oneach side -went for $606,200 at the Rare Jewels and Jadeite sale, Bonhams said Tuesday.That was at the upper end of its pre-sale estimate of $395,000 to $636,000. "This piece was o...Read More
SHANGHAI, May 29 (SMM) – Spot copper was mostly offered at a discount of 80-20 yuan/mt to the SHFE 1806 contract on Tuesday May 29 in the Shanghai market. This compared with a discount of 90-20 yuan/mt on Monday May 28.The SHFE 1806 contract gained nearly 300 yuan/mt to a high of 51,560 yuan/mt in the morning. Transaction liquidity was down from the previous day as sellers were unwillin...Read More
(IDEX News) - De Beers has announced the launch of a new company called Lightbox Jewelry that will begin marketing a new brand of laboratory-grown diamond jewelry under the Lightbox name in September, "offering consumers high-quality, fashion jewelry designs at lower prices than existing lab-grown diamond offerings." Lightbox lab-grown diamonds will retail from $200 for a quarter-carat ston...Read More
Russian diamond mining company Severalmaz, a subsidiary of State-owned Alrosa, is testing unmanned aerial vehicles (UAVs) for mine surveying of land objects at Europe’s largest primary diamond deposit at Lomonosov.Preliminary results from the UAV testing, which involved a quadcopter and an aeroplane, indicate that mine surveying could be done faster, safer and at a high survey accuracy.Adver...Read More
RAPAPORT... Forevermark, in collaboration with retailer Indian Gem &Jewellery Creation, has opened a boutique in India that will exclusively featurestones from the De Beers-owned brand. "This is the first exclusive store that Forevermark hasopened in east India, and we could not be happier to have done that with IndianGem & Jewellery Creation, which shares similar values and provides fashi...Read More
The diversified miner will become the operator of the project, with a further $27 million payable to BaoWu in three years, as well as royalty payments capped at $80 million.Read More
SHANGHAI, May 29 (SMM) – Copper: The SHFE 1807 contract mostly hovered above the daily moving average at 51,200 yuan/mt last night but jumped to a high of 51,470 yuan/mt near closing as investors cut their shorts. It closed slightly lower from last Friday night with pressure from a stronger US dollar. We see it trading at 51,300-51,650 yuan/mt today with support at 51,300 yuan/mt. LME c...Read More
(IDEX News) - Mountain Province Diamonds Inc. has entered into an understanding with Dominion Diamond Mines ULC which allows Mountain Province's customers to certify their qualifying polished diamonds under the Canadamark?,,? certification program. The Canadamark program is a strategic initiative of Dominion. Through its participation, Mountain Province joins Dominion in its efforts to assu...Read More
RAPAPORT... Resurgent Hong Kongdemand drove a sharp rise in global Swiss-watch exports in April, according todata from the Federation of the Swiss Watch Industry. Worldwide shipmentsof Swiss timepieces climbed 14% year on year to $1.8 billion (CHF 1.81 billion)last month, the trade organization reported Tuesday. Exports to Hong Kongjumped 43% to $261.3 million (CHF 259.5 million) - a rate that was...Read More