What whatRead More
In this interview with SmallCapPower at the PDAC 2018 convention, Anarcho Capital analyst Jayant Bhandari disagrees with U.S. President Trump on one key issue, despite being a supporter. He also offers up some advice on buying resource stocks and explains why he's so bullish on gold.Read More
THE STAR REPORT is hosted by Troi Torain aka STAR. Torain made the national stage on MTV's "Beat Suite" but it was his radio show (Star & Buc Wild) that secured his place in media history. In 2011 STAR was also inducted into News Ones Top 20 greatest radio personalities of all time.The Star Report - https://www.instagram.com/thestarreportBusiness - thehater1964@yahoo.comRead More
Apr 24, 2018 Guest(s): Carley Garner Co-founder, DeCarley Trading Gold has missed several opportunities to rally this year and the path of least resistance is in the downward direction for now, this according to Carley Garner, president of DeCarley Trading. "[Gold] has had every excuse in the book to rally. We've had political turmoil, trade conflict, and gold just can't seem to get above $1,350...Read More
The stainless steel sector's share of global primary nickel demand is set to decrease from 68% in 2017 to 60% in 2027, as demand from the battery sector surges. Stainless steel will remain the major demand driver for nickel24 APRIL 201824/04/2018commentsshare Roskill said in a report that the stainless steel sector would remain the major consumer of primary nickel, mainly due to developments in Ch...Read More
The World Diamond Council has pledged its support to the Organisation for Economic Co-operation and Development (OECD) due diligence guidance (DDG) for responsible supply chains of minerals from conflict-affected and high-risk areas.Staff reporterThe WDC has pledged its support for the OECD DDG assurance process24 APRIL 201824/04/2018commentsshareThe third edition of the OECD DDG was pub...Read More
Gerardo Del Real, editor of Resource Stock Digest, sits down with Maurice Jackson of Proven and Probable to discuss some of his resource picks. Maurice Jackson: Gerardo, please share your background and tell us about Resource Stock Digest.Gerardo D.: I've been involved in the resource space in one way or another for just a little over a decade, about 11 years now. And so it's truly a passion of m...Read More
Just when you thought Bitcoin and other cryptocurrencies had burned out through exhaustion blowoff top and fallen into the valley of despair, along comes the steady-minded and soft-spoken Head of Research for GoldMoney.com, Alasdair Macleod, to share his professional opinion of what life stage cryptos are really in, and why their next phases are likely to be incomparable to what we've seen so far....Read More
Jeff Clark is bullish on precious metals, especially silver. The everything bubble has been going on for 10 years. How much longer can it last? Gold and silver are the only truly undervalued asset left. Between now and 2020 is a potentially very exciting time in precious metals. And even if there's no crisis, the technical indicators look great.Jeff Clark is editor and lead writer of BIG GOLD, the...Read More
On Saturday, April 21st, 2018 the St. Louis Federal Reserve Bank Tweeted, "In a possible future, cash disappears and central banks issue electronic money for all" https://twitter.com/stlouisfed/status... The bank's Tweet cited a research paper entitled, "The Case for Central Bank Electronic Money and the Non-case for Central Bank Cryptocurrencies" https://research.stlouisfed.org/publi... Read More
Continue...Stephen S. Roach, former Chairman of Morgan Stanley Asia and the firm's chief economist, is a senior fellow at Yale University's Jackson Institute of Global Affairs and a senior lecturer at Yale's School of Management. He the author, most recently, of Unbalanced: The Codependency of America and China and Stephen Roach on the Next Asia: Opportunities and Challenges for a New Globalizatio...Read More
Orca president Hugh Stuart told Mining Journal this week a "hanging wall mineralisation" discovery could boost resources but would not be included in the FS if it were to be released next month as planned.Read More
Peter Mullens and Gokhan Kantarcigil both resigned, effective immediately, although Mullens will remain involved with the company as a technical advisor.Carlile is a geologist with over 35 years' experience in the resource industry, having held senior executive and director positions with major and junior miners.Noteworthy senior roles include being president of Newcrest Mining's Indonesian and Ph...Read More
(IDEX Online) - Mountain Province Diamonds Inc. said that approximately 1,641,000 carats were recovered in the first quarter ended March 31 on a 100% basis from the Gahcho Ku?(C) diamond mine for an average grade of approximately 2.09 carats per tonne. This was 89% and 18% higher, respectively than what was achieved during the same period last year. Said David Whittle, the company's Interim Presi...Read More
(IDEX Online) - Petra Diamonds Limited reported that Q3 revenue jumped 44% to $172.0 million from 1,373,771 carats sold (Q3 FY 2017: $119.1 million from 1,069,886 carats sold). Revenue for nine months to 31 March 2018 was 14% to $397.3 million from 3,184,924 carats sold, (Q3 FY 2017: $347.6 million from 2,979,999 carats sold). Revenue for FY 2018, however, continues to be impacted by the inabili...Read More
(IDEX Online) - De Beers reported rough diamond production for Q1 2018 increased 15% to 8.5 million carats, reflecting the ramp-up of production from Gahcho Ku?(C) in Canada, and also to increased production from Orapa in Botswana in response to sustained healthy trading conditions. Total rough diamond sales volumes in Q1 2018 were 8.8 million carats (8.4 million carats on a consolidated basis) fr...Read More
Diamond group De Beers reported on Tuesday that its total production had increased by 15% to 8.5-million carats during the first quarter of this year (1Q18). This rise in output was largely credited by the Group to the ramp-up in production at the Gahcho Kué project in Canada and greater production at the Orapa operation in Botswana.In Canada, Gahcho Kué, which had achieved its namep...Read More
(IDEX Online) - The Israel Diamond Exchange (IDE) announced today that an agreement has been reached with the Diamond Controller extending the tax-free inspection period of imported diamonds to 30 days from 3 days. The extension applies to diamonds with a $50,000 minimum value. The change in the inspection period is expected to have a substantial effect on Israel's diamond trade, opening up the I...Read More
RAPAPORT... Petra Diamonds saw a jump in revenue in the third fiscal quarter amid a stronger rough market.Revenue surged 44% year on year to $172 million for the three months ending March 31, while salesvolume increased 28% to 1.4 million carats, the miner reported Monday. The average selling price rose 12% to $125 per carat. Rough prices increased 5% on a like-for-like basis at the two tende...Read More
RAPAPORT... A 3.09-carat blue diamond smashed its pre-sale estimate atChristie's Magnificent Jewels auction in New York last week. Therectangular-cut, fancy intense blue diamond ring, surrounded by taperedbaguette-cut diamonds on either side, sold for $5.4 million. Its originalestimate was $2 million to $3 million. A similar 3.47-carat ring sold atSotheby's New York Magnificent Jewels auction the...Read More