The world's fifth biggest gem-quality diamond ever found was sold for $40 million on Monday, the company that found the massive rock said.Africa-focused Gem Diamonds (LON:GEMD) dug up the D colour, Type IIa rough diamond, which is about the size of two golf balls, at its flagship Let??eng mine in Lesotho in January.The rock, named "The Lesotho Legend," was acquired by an unnamed buyer in Ant...Read More

SHANGHAI, March 13 (Reuters) - China's top steelmaking cityof Tangshan will order some steelmills to cut production by asmuch as half to improve air quality, after curbs put in placeduring winter expire in March, the government said on Tuesday.Some steel mills that have been slow in tacklingenvironmental pollution will have to cut production by up tohalf based on air quality, the Tangshan Developm...Read More

No traditional havens had positive beta to VIX lately: GoldmanDerivative hedges will become more important, strategists sayHSBC's David Bloom Says There Is No InflationTraditional safe havens haven’t been working out for investors in the latest ructions in financial markets, strategists at Goldman Sachs Inc. warned.With the rise of inflation and interest rates, and the end of an era of low...Read More

Thanks to its plentiful land and cheap power, rural Montana, Washington, and Wyoming are now home to a new crop of cryptocurrency prospectors. Their neighbors aren't too happy about it.Read full newsRead More

Bart Melek, TDS Head of commodity strategy, expressed his view on gold prices this year in the latest research note. Key Quotes: "Given Powell's bullish view on the U.S. economy, increasing chatter of four hikes in 2018 and a potential upward shift in the distribution of the dots next week we would not be surprised to see precious metals take a run at the lower end of the ranges. However,...Read More

Shares in Chilean miner Antofagasta Plc. (LON:ANTO) spiked Tuesday after it posted a 59% increase in profits to almost $2.6 billion last year, thanks to strong copper prices and cost-cutting measures that helped offset a slight decline in production.Net profit for the year ended Dec. 31 climbed to $750.6 million from $158 million a year earlier, a more than four-fold increase, which allowed the co...Read More

Shares in Chilean miner Antofagasta Plc. (LON:ANTO) spiked Tuesday after it posted a 59% increase in profits to almost $2.6 billion last year, thanks to strong copper prices and cost-cutting measures that helped offset a slight decline in production.Net profit for the year ended Dec. 31 climbed to $750.6 million from $158 million a year earlier, a more than four-fold increase, which allowed the co...Read More

Shares in Chilean miner Antofagasta Plc. (LON:ANTO) spiked Tuesday after it posted a 59% increase in profits to almost $2.6 billion last year, thanks to strong copper prices and cost-cutting measures that helped offset a slight decline in production.Net profit for the year ended Dec. 31 climbed to $750.6 million from $158 million a year earlier, a more than four-fold increase, which allowed the co...Read More

The Alaska Mental Health Trust is considering handing over control of nearly 2,000 acres of Cook Inlet land to Donlin Gold. Listen nowRead full newsRead More

Peter Epstein of Epstein Research profiles a company actively exploring a project in Argentina that could become a major copper-gold asset.Read full newsRead More

Wallbridge Starts Dewatering of Fenelon Gold Mine Workings for Bulk Sampling ProgramRead full newsRead More

Barrick Gold (ABX+2%) jumps after RBC Capital upgrades shares to Outperform from Sector Perform with a $16 price target, arguing ABX's cost guidance and declining production profile already are priced in, and the current valuation puts the stock at an attractive entry point. Meanwhile, RBC downgrades Newmont Mining (NEM-0.1%) to Underperform from Sector Perform and trims its price target to $1...Read More

RBC Capital Markets think the two stocks are on different trajectoriesRead full newsRead More

Mining is to the blockchain what prospecting is to gold. Here's everything you need to know about how to mine Ethereum, including a step-by-step guide on how to build an Ethereum mining rig.Read full newsRead More

Thanks to its plentiful land and cheap power, rural Montana, Washington, and Wyoming are now home to a new crop of cryptocurrency prospectors. Their neighbors aren't too happy about it.Read full newsRead More

TOKYO, March 13 (Reuters) - Japanese shares rose for afourth day on Tuesday in choppy trade as a weak yen triggeredbuying in futures, offsetting weakness in steelmakers andautomakers still battered by concerns about U.S. tariffs onimported steel and aluminium.The Nikkei average gained 0.7 percent to 21,968.10while the broader Topix added 0.6 percent to 1,751.03.Tuesday's winners included defensive...Read More

Conclusively, cryptocurrencies like Bitcoin and Ethereum have significant advantages over banks in a number of areas, including security, borderless transaction settlement, efficient payment clearance, and lack of dependence on centralized service providers or entities...Read full newsRead More

The Hedgeless HorsemanPosted Mar 12, 2018During the last few weeks I have spent pretty much all of my time digging deeper into why there seems to be so much widespread conglomerate gold in Pilbara, something which I highlighted in my first paidNovo article, and which is also apparent when you take a look at one of Novo’s slides:(Click on images to enlarge)Source: Novo Resource’s March...Read More

Here Are 3 Hot Things to Know About Stocks Right Now Action Alerts Plus holding Apple (AAPL) is making news Monday for shooting down an acquisition of Netflix (NFLX) or Disney (DIS) .The Dow is now more than 1,400 points below its all-time high of 26,616 set on Jan. 26.The FAANG stocks continue to push to new highs. TheStreet's Francesca Fontana reports why.  Wall Street Overview The...Read More

Jack ChanPosted Mar 12, 2018GLD – on sell signal.***SLV – on buy signal.***GDX – on buy signal.***XGD.TO – on buy signal.***CEF – on sell signal.***GDXJ – on buy signal.***Speculation is in bull market values.Data is supportive for overall higher prices.The is a massive bottoming pattern four years in the making.SummaryLong-term – on major buy signal.Short...Read More