(IDEX Online) - Lab grown manufacturers in Surat are to get a tax break after the state government announced they would no longer have to pay duty of up to 15 per cent on their electricity bills.It represents a significant saving in a sector where energy accounts for almost 70 per cent of expenditure.The move follows an announcement by the State Bank of India (SBI) in August that it would start le...Read More
(IDEX Online) - Prices of fancy color diamonds rose by one per cent in the last quarter - compared with a 6.7 per cent slide for white diamonds in the same period.The Fancy Color Research Foundation (FRCF) today said average prices across all color categories had risen, although there were some price drops among particular size and intensity combinations.Yellows were up 1.4 per cent in Q3 2022, fo...Read More
(IDEX Online) - Two cases of attempted frauds involving synthetic moissanite are highlighted in the GIA's latest quarterly journal Gems & Gemology.In one case a 7.42-ct rough stone, presented to its New York lab, had been carved into an octahedron, with stepped edges and coarse textures deliberately chosen to imitate the appearance of a natural diamond.In the other, what appeared to be a...Read More
(IDEX Online) - A couple celebrating their 10th wedding anniversary found a 1.9-carat brown diamond.Seth and Jessica Erickson were visiting the Crater of Diamonds State Park, near Murfreesboro, in Arkansas, USA, which charges day trippers $10 a day to sift the soil - and lets them keep any gems they find.They found the diamond after an hour of "wet sifting" - using a pair of meshed screens to chec...Read More
(IDEX Online) - A teenager collected a jacket from his school's clothing donation program . . . and found two diamond rings, two Gucci watches and an emerald bracelet inside a pocket.Luke Coelho, 17, from Worcester, Massachusetts, USA, set about tracing the rightful owner. Thankfully the jacket bore the name Dave and the logo of a uniform services company.They were the clues that allowed Luke...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 77 points in pre-opening trade.Equity index futures moved higher following release of economic news at 8:30 AM EST. October Producer Price Index was expected to increase 0.4% versus a gain of 0.4% in September. Actual was an increase of 0.2% On a year-over-year basis October PPI was expected to increase 8.3% versus 8.5...Read More
USA Watchdog, Released on 11/15/22Bix Weir has 30 years' experience in the financial industry with various fortune 500 companies. He is the creator of the "Road to Roota Theory" and his commentary is published at www.RoadtoRoota.com. Bix has dedicated his efforts over the last 15 years to exposing the long term manipulation of the gold and silver markets. He has worked closely with the Gold Anti-T...Read More
The Lead-Lag Report, Released on 11/15/22Doomberg is the anonymous publishing arm of a bespoke consulting firm providing advisory services to family offices and c-suite executives. Its principals apply their decades of experience across heavy industry, private equity and finance to deliver innovative thinking and clarity to complex problems. Doomberg on Substack: https://doomberg.substack.com....Read More
Ethical Skeptic - Twitter, Released on 11/15/22Simply put, ~400 K have died of something which is not Covid, Long Covid, nor overdose/accident/suicide. When we examine where those people are dying, they tend to be in US counties where vaccination rates are higher.A relationship which did not exist for 2020/21-Covid. pic.twitter.com/3iCj2fn35I- Ethical Skeptic ?~EUR (@EthicalSkeptic) November 15, 2...Read More
FT (via Webs Favourites), Released on 11/15/22Whiteley says a trader used to be able to get hold of $400mn of US Treasury bonds - not an outsizeContinue... Cracks Appear In Treasury Market... added by Herman James on 11/16/2022View all posts by Herman James ?+'Read More
It's time today to move on from politics and the midterm elections. This story is potentially bigger...The collapse of crypto exchange FTX is the biggest economic and financial story in the world today.Crypto may be arcane to most readers and is not well understood even by those who follow it closely. Still, it would be a mistake to think of this story as a niche development in a niche market.The...Read More
This week's episode features Integra Resources CFO Andr?(C)e St-Germain in conversation with Northern Miner Group president Anthony Vaccaro at the Mining Legends Speakers Series in Vancouver. Andr?(C)e shares the lessons she's learned as an executive in the mining industry ("Don't invest your bonus in mining stocks"), as well as her views on how women can be better mentored in mining, and how movi...Read More
Alamos Gold (TSX: AGI; NYSE: AGI) has extended the high-grade mineralization at the Puerto Del Aire (PDA) satellite deposit beyond existing reserves and resources of the Mulatos mine in Sonora state, Mexico.The company encountered the mineralization within a 200-metre gap between the PDA1 and PDA2 zones, highlighting the potential for further resource expansion. Many intercepts were well above the...Read More
I-80 Gold (TSX: IAU; NYSE: IAUX) has received promising results from the first four holes drilled to follow up the recently discovered Hilltop zone confirmed high-grade, polymetallic CRD (carbonate replacement) mineralization at the company's 100%?EUR'owned Ruby Hill property in Nevada.Highlighted results, all from the Upper Horizon area of the Hilltop target, include bonanza grades of 60.2 grams...Read More
Argonaut Gold (TSX: AR) on Tuesday reported the death of a contractor at its Magino project in northern Ontario.The company is working with authorities to investigate an isolated incident Monday morning at the mill's construction site, it said in a news release."The loss of this individual is a shock to us all," Larry Radford, Argonaut president and chief executive officer, said in the release. "W...Read More
West Africa-focused gold miner Centamin (TSX: CEE; LSE: CEY) unveiled on Tuesday that ore mining rate at its flagship Sukari gold mine in Egypt could grow by 31% if operations are expanded underground.Based on a report by Australian consultants Entech, Sukari's capacity has the potential to reach 1.5 million tonnes per year of total ore mined. This represents a 31% increase from the current life...Read More
Rich nations led by the U.S. and Japan have pledged to give Indonesia a US$20-billion package to help the coal-dependent country shift to renewable energy and reach carbon neutrality by 2050.The deal put forward by the Just Energy Transition Partnership (JETP), which includes the U.S., Japan, Canada, the U.K., the EU and several European countries, including and Norway, has been more than a year...Read More
TK News by Matt Taibbi (via Dollar Collapse), Released on 11/15/22Americans who once venerated self-reliance are building a church of conformity, whose chief means of worship is destroying heretics. Elon Musk should tell the priesthood to shove it.Continue... Matt Taibbi: The Burning of Witches Will Continue added by Herman James on 11/17/2022View all posts by Herman James ?+'Read More
Daily Reckoning, Released on 11/15/22The collapse of crypto exchange FTX is the biggest economic and financial story in the world today.Continue... Jim Rickards: Avalanche! added by Herman James on 11/17/2022View all posts by Herman James ?+'Read More
The Guardian, Released on 11/15/22"There is emerging evidence that a higher proportion of patients are diagnosed with later cancer stages compared with pre-pandemic rates as a result of substantial delays in cancer diagnosis and treatment. This Continue... Europe faces 'cancer epidemic' after estimated 1m cases missed during Covid lockdowns added by Herman James on 11/19/2022View all posts by Herm...Read More