Recent News

The price of lab-created diamonds continues to fall

March 19, 2018 / www.mining.com

By Paul ZimniskyThe discount of gem-quality lab-created diamonds, manufactured for use in jewelry, relative to natural diamonds has doubled from 11-20% a year ago to 28-40% today, according to a survey of prices.For example, a white, 1-carat round diamond that is VS (very-slightly included) in clarity, F-H (near-colorless to colorless) in color, VG-ideal cut, with no-to-low florescence was selling...Read More

FBI Mum On Searching For Lost Civil War Gold Hoard

March 19, 2018 / www.kitco.com

(Kitco News)- Gold fever has hit Pennsylvania following news that the FBI,following a tip from a treasure hunting group, scoured the state land over theweekend looking for lost civil war gold bullion.According to reports, dozens of federal agents and membersof the treasure-hunting group Finders Keepers were trekking through the forestnear Dents Run, four hours northeast of Pittsburg, looking for u...Read More

Marijuana is the new gold as former Canada miners go to pot

March 19, 2018 / www.mining.com

(Bloomberg) - Turns out, it may be easier to strike gold by growing green.Just ask Jay Wilgar, a former wind power developer who started a medical marijuana company with friend Travis Kanellos after hatching the idea while lifting weights at a gym. When they began looking at ways to take their startup public, advisers suggested partnering with Newstrike Resources Inc., a Toronto-based firm that h...Read More

China forms new economic team as President Xi kicks off second term

March 19, 2018 / www.kitco.com

BEIJING (Reuters) - China elevated a key confidante of President Xi Jinping to one of the top positions in government on Monday as Beijing cracks down on riskier financing and a debt build-up that may pose systemic risks to the world’s second-largest economy.The endorsement of Liu He as a vice premier by the country’s largely rubber-stamp parliament also comes as the United States pres...Read More

Swiss seize bank accounts amid probe linked to Rio Tinto Mongolia mine

March 19, 2018 / www.mining.com

ZURICH (Reuters) - Switzerland's highest court has upheld the seizure of $1.85 million in Swiss bank accounts, part of a corruption probe linked to a former Mongolian finance minister who helped clear the way for a disputed Rio Tinto mining project, a ruling showed.The Swiss Office of the Attorney General (OAG) also confirmed it has an ongoing criminal investigation in which prosecutors contend on...Read More

Swiss seize bank accounts amid probe linked to Rio Tinto Mongolia mine

March 19, 2018 / www.mining.com

ZURICH (Reuters) - Switzerland's highest court has upheld the seizure of $1.85 million in Swiss bank accounts, part of a corruption probe linked to a former Mongolian finance minister who helped clear the way for a disputed Rio Tinto mining project, a ruling showed.The Swiss Office of the Attorney General (OAG) also confirmed it has an ongoing criminal investigation in which prosecutors contend on...Read More

Swiss seize bank accounts amid probe linked to Rio Tinto Mongolia mine

March 19, 2018 / www.mining.com

ZURICH (Reuters) - Switzerland's highest court has upheld the seizure of $1.85 million in Swiss bank accounts, part of a corruption probe linked to a former Mongolian finance minister who helped clear the way for a disputed Rio Tinto mining project, a ruling showed.The Swiss Office of the Attorney General (OAG) also confirmed it has an ongoing criminal investigation in which prosecutors contend on...Read More

New Highs Could Be On The Horizon For This Retail Stock

March 19, 2018 / www.schaeffersresearch.com

The stock's short-term options are attractively priced at the momentTapestry Inc (NYSE:TPR) stock has been on a tear lately, racing to a four-year high of $53.50 last Tuesday. If past is precedent, shares of the retail name -- which changed its name from Coach after its purchase of Kate Spade in October -- could be gearing up for their next leg higher in the coming months. In today's trading, Tap...Read More

Japan central bank head says G20 to reaffirm need for free trade

March 19, 2018 / www.kitco.com

Japan central bank head says G20 to reaffirm need for free trade Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. I...Read More

Nasdaq Sinks as FAANG Stocks Sell Off

March 19, 2018 / www.schaeffersresearch.com

FB stock is pacing for its biggest one-day drop in yearsThe U.S. stock market is spiraling today, with sharp drops in the tech sector fueling the risk-off session. FAANG stocks are bringing the most heat, with Facebook (FB) pacing for its biggest one-day loss since March 2014 on reports of data harvesting, while Apple (AAPL) is selling off after Nomura Instinet expressed concern over iPhone demand...Read More

Chile preparing new law to lure foreign investment: media

March 19, 2018 / www.mining.com

SANTIAGO (Reuters) - The recently inaugurated government of Chile's conservative President Sebastian Pinera is preparing a new law aimed at attracting foreign investments, the mines minister was quoted telling a local newspaper on Sunday.Baldo Prokurica, who took office with Pinera last week, said the government was preparing a decree that would be similar to one repealed by socialist President Mi...Read More

Trump's pick for U.N. migrant job says he is not anti-Islam

March 19, 2018 / www.kitco.com

GENEVA (Reuters) - The United States’ nominee to lead the United Nations migration agency denied on Monday that he was anti-Islam while acknowledging a controversy over some of his social media posts and retweets in the past.“I have never shown discrimination against anybody or anything, period, other than if they need help. If they need help I always help them,” said Ken Isaacs,...Read More

FREE MCX TIPS Free Nickel Trading Tips – SELL 2 to 3 lots Nickel March at Last Market price 880 for Target 870 with SL Above price 889

March 19, 2018 / mcx.freetips.tips

FREE NICKEL TRADING TIPSFree Nickel Trading Tips – SELL 2 to 3 lots Nickel March at Last Market price 880 for Target 870 with SL Above price 889AFTER POST CONTENT Read More

Moti doubles Zimbabwe investments as economy seen opening up

March 19, 2018 / www.mining.com

(Bloomberg) - Moti Group is preparing to double its investments in Zimbabwe to $500 million after the removal of Robert Mugabe as president in November saw the government adopt a more open approach to foreign companies.Emmerson Mnangagwa, 75, who replaced Mugabe after the military briefly took control, has declared that "Zimbabwe is open for business" and has said he will ease the country's local...Read More

Moti doubles Zimbabwe investments as economy seen opening up

March 19, 2018 / www.mining.com

(Bloomberg) - Moti Group is preparing to double its investments in Zimbabwe to $500 million after the removal of Robert Mugabe as president in November saw the government adopt a more open approach to foreign companies.Emmerson Mnangagwa, 75, who replaced Mugabe after the military briefly took control, has declared that "Zimbabwe is open for business" and has said he will ease the country's local...Read More

Ten years after crash, Americans still have not fallen back in love with stocks

March 19, 2018 / www.kitco.com

NEW YORK (Reuters) - Luke Thomas, 44, an information technology field manager who lives in Miami, began investing in the U.S. stock market in his early 20s, attracted by the prospect of learning “how to grow a little bit of money into a lot,” he said.At the time, he put most of his money into a handful of small-cap and over-the-counter stocks. Yet watching the Russell 2000 index of sma...Read More

Metalla raises monthly dividend to 0.15 cent a share

March 19, 2018 / www.stockwatch.com

Mr. Brett Heath reportsMETALLA RAISES MONTHLY DIVIDEND BY 50% AND ANNOUNCES FISCAL 2018 Q3 PRODUCTION Metalla Royalty and Streaming Ltd. had preliminary production results for the three months ended Feb. 28, 2018, of 96,542 ounces of silver sold and provisionally invoiced. In addition, Metalla held 35,473 ounces silver of attributable inventory to be realized in the subsequent quarter. Metalla ex...Read More

Metalla raises monthly dividend to 0.15 cent a share

March 19, 2018 / www.stockwatch.com

Mr. Brett Heath reportsMETALLA RAISES MONTHLY DIVIDEND BY 50% AND ANNOUNCES FISCAL 2018 Q3 PRODUCTION Metalla Royalty and Streaming Ltd. had preliminary production results for the three months ended Feb. 28, 2018, of 96,542 ounces of silver sold and provisionally invoiced. In addition, Metalla held 35,473 ounces silver of attributable inventory to be realized in the subsequent quarter. Metalla ex...Read More

Total Eren targets Africa's power-starved mining sector

March 19, 2018 / www.mining.com

ABIDJAN, March 19 (Reuters) - Renewable energy company Total Eren said on Monday it had opened the world's largest solar-thermal hybrid plant in Burkina Faso, the first of what it hopes will be many projects supplying the African mining industry's growing need for power.Total Eren and Africa-focused independent power producer AEMP inaugurated Essakane Solar over the weekend, adding 15 megawatts (M...Read More

Total Eren targets Africa's power-starved mining sector

March 19, 2018 / www.mining.com

ABIDJAN, March 19 (Reuters) - Renewable energy company Total Eren said on Monday it had opened the world's largest solar-thermal hybrid plant in Burkina Faso, the first of what it hopes will be many projects supplying the African mining industry's growing need for power.Total Eren and Africa-focused independent power producer AEMP inaugurated Essakane Solar over the weekend, adding 15 megawatts (M...Read More

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