Summit News, Released on 8/8/22The head of the preeminent scientific journal The Lancet's COVID-19 origins Commission is 'convinced' that the virus came out of a lab and says that a real investigation is being blocked.Continue... Head Of The Lancet's COVID-19 Investigation Is 'Convinced' It Came Out Of A Lab And That A Real Investigation Is Being Blocked added by Herman James on 08/08/2022View all...Read More
Money Metals, Released on 8/8/22Ultimately, demand for physical bullion - not paper proxies - is the path to ultimately terminating price manipulation.Continue... The End Game for Silver Shenanigans... added by Herman James on 08/08/2022View all posts by Herman James ?+'Read More
Bloomberg (via Yahoo Finance), Released on 8/8/22"I don't think this inflation is going away in a hurry," Chief ExecutiveContinue... Barrick Gold CEO Tells Mines to Brace for More Inflation added by Herman James on 08/08/2022View all posts by Herman James ?+'Read More
The federal criminal trial of JP Morgan executives Michael Nowak, Gregg Smith, and Jeffrey Ruffo began on July 8th.These senior bankers are accused of running a years-long scheme to manipulateprecious metals prices through what is known as “spoofing.”Perhaps the three will be found guilty, butit isn’t likely to have much impact on trading in the papersilver markets. If there is s...Read More
If they don't give us the next big thing right out of the gate, there's always the old standby come Wednesday...(by Half Dollar) It feels like they're just throwing everything against the wall and seeing what sticks.Doesn't it?For example, we've had a few geo-political splatterings here and there, but obviously nobody is really buying the whole "here comes war with _______ (insert your favorite Co...Read More
In light of the recent drop in copper prices, the company said it has reduced its capital guidance by $40 million, mainly at Santo Domingo in Chile and Pinto Valley in Arizona, USA, initiatedRead More
Investor Insight: InterGroup MiningSPONSOREDintergroup miningEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdAlicanto wows with maiden resourceSPONSOREDalicanto mineralsOZ has mines in South Australia and Brazil and expects to produce 120,000-135,000 tonnes of copper and 208,000-230,000 ounces...Read More
Investor Insight: InterGroup MiningSPONSOREDintergroup miningEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdAlicanto wows with maiden resourceSPONSOREDalicanto mineralsSeitz has served as interim chief executive since January this year and has overseen a surge in fertilizer demand and prices...Read More
Investor Insight: InterGroup MiningSPONSOREDintergroup miningEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdAlicanto wows with maiden resourceSPONSOREDalicanto minerals An embargo on rare earth exports, which are essential in some high-tech applications and defence equipment, was last u...Read More
RAPAPORT... William (Bill) Heher, president of Rare Earth Mining Company and an important figure in the US gem trade, died on August 1 at the age of 72.Born in September 1949, Heher began his career as a teacher, according to an obituary on memorial site Legacy.com. He later started importing fine gems and fossils from across the world.The profession took him to varied destinations. On his tr...Read More
RAPAPORT... Indian jeweler Titan Company's sales and profit soared in the first fiscal quarter, buoyed by strong holiday demand and a gap between two periods of Covid-19 disruptions.Revenue - including at subsidiaries - surged to INR 94.87 billion ($1.19 billion) for the three months ending June 30, compared with INR 35.19 billion ($442.4 million) during the same period a year ago, the company rep...Read More
GIA is taking all reports digital by 2025. Retailers throughout the industry have offered positive feedback on this initiative, which will be accompanied by advanced technology that increases the security of a diamond's identity. This digital evolution consists of three dynamic elements: Fully Digital Reports: This evolution begins with the digital launch of GIA's most popular report, GIA Diamond...Read More
(IDEX Online) - Tanzania is reportedly looking to sell its rough through the Dubai Diamond Exchange (DDE).Minerals minister Dotto Biteko said the country needs to seek more lucrative markets for the estimated 500,000 carats it produces annually, according to The Citizen newspaper.He was speaking ahead of a meeting of the 18-member African Diamond Producers' Association, of which Tanzania is t...Read More
(IDEX Online) - A gang ran off with high-end diamond jewelry after a 30-second smash and grab at a store in the Bronx, New York.A "customer" who was buzzed into Rocco's Jewelry on Friday afternoon ushered in three accomplices who smashed glass display cabinets with hammers and emptied trays of merchandise."Once inside the store, the three individuals used a hammer to smash open the display ca...Read More
Investor Insight: InterGroup MiningSPONSOREDintergroup miningSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedAlicanto wows with maiden resourceSPONSOREDalicanto mineralsPetro wants Colombia to produce energy transition minerals such as lithium [even though the country has no lithium deposits],...Read More
The company reported that the sinkhole has remained stable since detection and that the area was immediately isolated, with no impact to personnel, equipment or infrastructure.Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 22 points in pre-opening trade.Barrick Gold slipped $0.12 to US$20.17 after reporting less than consensus second quarter revenues and earnings. Pfizer was unchanged at $49.27 following news of its acquisition of Global Blood Therapeutics for $68.50 per share cask. Value of the offer is estimated at $5.4 billion. Global...Read More
Despite Coeur Mining (TSX: CDE) reporting June-quarter production and costs mainly in line with Bay Street estimates, at least one analyst has downgraded the issuer while flagging concern over perceived balance sheet risk over the coming 12 months.Canaccord Genuity Capital Markets analyst Dalton Baretto has downgraded the issuer to 'HOLD' from 'BUY' and is modestly reducing his target price to US$...Read More
B2Gold (TSX: BTO; NYSE-AM: BTG) and AngloGold Ashanti (NYSE: AU; JSE: ANG;) have put their Gramalote gold joint venture in Colombia on hold. In a news release on Aug. 3, B2Gold said that based on preliminary results from their optimized feasibility study for Gramalote, the miners determined that Gramalote doesn't meet their investment thresholds for developing the project. "In conjunction w...Read More
Canadian miners are mourning the passing of industry heavyweight Ned Goodman (1936-2022).Over more than 30 years, Goodman has made transformative and enduring contributions to Canada's minerals industry and capital markets as a company-builder, merchant banker and investment advisor during a dynamic career spanning almost half a century.Montreal-born Goodman applied his geological training and bus...Read More