Recent News

The LME has a Russia, China and US problem

October 03, 2022 / www.mining-journal.com

Chaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.Bedrock gold discovery adds to Kingwest reignSPONSOREDkingwest resourcesMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDMetal Bank draws on experience as resource upgrades nearSPONSOREDmetal bank limited  Last March it was a meltdown in nickel trading which hit the headlines with an explosion in the price...Read More

Israel Polished Exports More Than Double

October 03, 2022 / www.diamonds.net

RAPAPORT... Israel's diamond shipments jumped sharply in September, reflecting annual variation in the timing of the Jewish holidays as well as the return of the main Far East trade show.Polished exports more than doubled to $420 million from $197.5 million a year earlier, the country's Economy and Industry Ministry reported Monday. Volume rose 60% to 128,540 carats, with the average export p...Read More

Orangey-Red Diamond Sells for $1.8M

October 03, 2022 / www.diamonds.net

RAPAPORT... A richly colored diamond initially suspected to be treated soared past expectations at Heritage Auctions last week, fetching $1.8 million and setting a record for the Texas-based company.The round brilliant, 1.21-carat, fancy-orangey-red, I2-clarity stone went for 12 times its presale high estimate of $150,000, Heritage reported last week following the Thursday auction. Before the...Read More

IDEX Polished Price Index for September: Sixth Month of Consecutive Decline

October 03, 2022 / www.idexonline.com

(IDEX Online) - The IDEX Polished Price Index suffered a sixth consecutive month of decline in September. It was down 2.34 per cent, the biggest drop since the Index started falling early in March. In August it fell by 2.31 per cent. The September decline was almost a straight line, much as it has been in recent months. The Index began falling in early March. It was down 2.1 per cen...Read More

Orange Phosphorescence Hints at Lab Grown Defect

October 03, 2022 / www.idexonline.com

(IDEX Online) - Tests on a lab grown diamond revealed an unexpected orange phosphorescence, a possible consequence of defects internal crystal plane.The CVD-produced 1.547 carat, emerald cut H / VS1 stone was submitted to the Gemological Science International (GSI) Lab in Mumbai for post growth treatment identification.Most CVD (Chemical Vapor Deposition) diamonds show an orange, red, blue and som...Read More

Jeweler Learns to Walk Again after Pistol-Whip Attack

October 03, 2022 / www.idexonline.com

(IDEX Online) - An attacker is seen emptying jewelry cabinets after brutally pistol-whipping the owner in Wilmington, Delaware, USA.The man, identified by police as Calvin Ushery, 39, repeatedly hit his victim in the head with a gun.The 68-year-old victim, a Korean American, collapsed to the floor and a surveillance camera shows Ushery climbing over the counter and stealing items. According t...Read More

Tech Talk for Monday October 3rd 2022

October 03, 2022 / www.timingthemarket.ca

U.S. equity index futures were higher this morning. S&P 500 futures were up 22 points in pre-opening trade.Crude oil gained $2.35 to $82.84 on reports that OPEC + will reduce production by one million barrels per day when they meet this Wednesday.Celanese dropped $0.74 to $90.60 after Deutsche Bank lowered its target price from $140 to $110.Dupont eased $0.25 to $50.16 after Deutsche Bank lowe...Read More

Gatos Silver shares rise on revised reserve at Cerro Los Gatos

October 03, 2022 / www.northernminer.com

Gatos Silver (TSX/NYSE: GATO) shares rose almost 10% Monday despite the release of a revised update that reduced reserves at its Cerro Los Gatos (CLG) mine in northern Mexico by more than one third.The miner had previously announced an issue with its resources and reserve statement in January this year, noting that there were errors and overestimations in its 2020 technical report. Gatos said the...Read More

TNM Drill Down: Top gold assays for the week Sept 23-30

October 03, 2022 / www.northernminer.com

Our TNM Drill Down feature highlights the top gold assays of the past week. Drill holes are ranked by gold grade x width, as identified by our sister company Mining Intelligence (www.miningintelligence.com).TNM Drill Down Sept. 23-30, 2022.Great Boulder Resources (ASX: GBR), Lumina Gold (TSXV: LUM) and Superior Gold (TSX: SGI) led the drilling assay results for the week of Sept. 23 - 30 with proje...Read More

Minera Alamos estimates 111% IRR for Cerro de Oro gold project in Mexico

October 03, 2022 / www.northernminer.com

Minera Alamos (TSXV: MAI) has released an encouraging preliminary economic assessment for its Cerro de Oro gold project in the central Mexican state of Zacatecas. Using a gold price of US$1,600 per oz., the company anticipates an internal rate of return of 111% and an after-tax net present value (at 5% discount) of $150.5 million.The life of mine all-in sustaining cost will be US$873 per oz., aver...Read More

Business as usual despite military coup, Burkina Faso miners say

October 03, 2022 / www.northernminer.com

Miners in Burkina Faso say operations have not been affected by spreading social unrest following an internal coup d'?(C)tat over the weekend that saw the country's president, Lt.-Col. Paul Henri Sandaogo Damiba, overthrown after only nine months in power.The change of leadership, and the second military coup of the year appears to have its roots in a disagreement within the Burkina Faso military...Read More

Mexican legislator calls for public release of mining companies' financial, environmental records

October 03, 2022 / www.northernminer.com

Mexican MP Adriana Bustamante Castellanos has presented an amendment to Article 7 of the country's Mining Law, which would allow for the public release of information regarding the production, processing and sale of minerals, as well as data on deposits' mineral reserves and mining and metal companies' financial statements. Under the current Mining Law, private mining companies can keep such in...Read More

Glenn Greenwald sounds the alarm on a 'very real threat' of a nuclear exchange

October 03, 2022 / marketsanity.com

Fox News, Released on 10/3/22Independent journalist Glenn Greenwald joined 'Tucker Carlson Tonight' to discuss Russian President Vladimir Putin's nuclear threats and the implications of Ukraine's application to join NATO.Glenn Greenwald is a journalist, constitutional lawyer, and author of four New York Times best-selling books on politics and law. His most recent book, "No Place to Hide," is abou...Read More

Jeff Deist: Inflation Is State-Sponsored Terrorism

October 03, 2022 / marketsanity.com

Schiff Gold, Released on 10/3/22Americans have been laboring under the burden of inflation for well over a year. Mises Institute President Jeff Deist argues that inflation is an intentional policy and should be considered "state-sponsored terrorism." In this Metal Exchange interview, host Mike Maharrey talks with Jeff about this assertion. Mike and Jeff talk about Fed monetary policy and its impa...Read More

Peter Schiff: Double digit annual inflation will soon be a way of life in America. Better get use to it and invest accordingly.

October 03, 2022 / marketsanity.com

Peter Schiff - Twitter, Released on 10/3/22The price Americans will pay for Tarp, Obamacare, PPP, and all Govt. programs that lead to the massive build up of debt since the 2008 financial crisis is #inflation. Double digit annual inflation will soon be a way of life in America. Better get use to it and invest accordingly.- Peter Schiff (@PeterSchiff) October 3, 2022We've finally reached the inflec...Read More

'We can engineer humans to be allergic to meat'

October 03, 2022 / marketsanity.com

Dr Shawn Baker - Twitter, Released on 10/3/22We can engineer humans to be allergic to meat! pic.twitter.com/Oek8Mr4miy- Dr Shawn Baker ???(C) (@SBakerMD) October 3, 2022 'We can engineer humans to be allergic to meat' added by Herman James on 10/04/2022View all posts by Herman James ?+'Read More

NIH gives more bat coronavirus funding to the same scientists who helped create COVID-19!

October 03, 2022 / marketsanity.com

New York Post, Released on 10/3/22A $653,392 grant to Peter Daszak's EcoHealth Alliance, awarded Sept. 21, is being administered by the National Institute of Allergy and Infectious DiseasesContinue... NIH gives more bat coronavirus funding to the same scientists who helped create COVID-19! added by Herman James on 10/04/2022View all posts by Herman James ?+'Read More

IT'S OFFICIAL: Pfizer's New C19 Vax Figures Prove The Old Vaccine Had Negative Efficacy Within 30 days

October 03, 2022 / marketsanity.com

The Expose, Released on 10/3/22The great thing about these new (2022June21) Pfizer results is that when properly analysed, which is not as easy as I first thought, they reveal the decimation of immunity that the old vaccines wreaked in the first 30 days.Continue... IT'S OFFICIAL: Pfizer's New C19 Vax Figures Prove The Old Vaccine Had Negative Efficacy Within 30 days added by Herman James on 10/04/...Read More

Roubini: The Stagflationary Debt Crisis Is Here

October 03, 2022 / marketsanity.com

Project Syndicate (via Zero Hedge), Released on 10/3/22The Great Moderation has given way to the Great Stagflation, which will be characterized by Continue... Roubini: The Stagflationary Debt Crisis Is Here added by Herman James on 10/04/2022View all posts by Herman James ?+'Read More

Matthew Piepenburg: The Fed's Strong USD Policy: A recipe for systemic implosion

October 03, 2022 / marketsanity.com

Gold Switzerland (via Dollar Collapse), Released on 10/3/22From Main Street USA to the village corners and central banks of Europe, Japan and elsewhere, the Fed's strong USD policy is backfiring-big time. Just ask the Brits...Continue... Matthew Piepenburg: The Fed's Strong USD Policy: A recipe for systemic implosion added by Herman James on 10/05/2022View all posts by Herman James ?+'Read More

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