Recent News

Little evidence to back portfolio model

October 06, 2022 / www.mining-journal.com

Bedrock gold discovery adds to Kingwest reignSPONSOREDkingwest resourcesMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDMetal Bank draws on experience as resource upgrades nearSPONSOREDmetal bank limitedChaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.Tiger Tasman is seeking between A$5.1 million and A$8.0 million in an initial public offer set to close on 17...Read More

Rapaport Market Brief - October 6, 2022

October 06, 2022 / www.diamonds.net

News: Market sentiment cautious amid softening prices. 1 ct. RAPI -3.8% in Sep. and -9.7% during 3Q. Retail jewelers expecting steady holiday sales but being careful not to hold large inventories amid economic uncertainty. US in recession as GDP contracts for second consecutive quarter: -0.6% in 2Q. Rough market slow after De Beers sales +2% to $500M in Sep. Polished inventory high; diamonds...Read More

De Beers Sees Slowdown at September Sight

October 06, 2022 / www.diamonds.net

RAPAPORT... De Beers' rough-diamond sales were seasonally lower in September as Indian factories prepared for the Diwali shutdown, the miner reported Wednesday.Proceeds came to $500 million at the company's eighth sales cycle of the year, which included the sight that ran from September 19 to 23as well as auction revenues. The total was 2% higher than a year earlier but 22% lower than in Augu...Read More

Steven Kaiser to Receive Posthumous GEM Award

October 06, 2022 / www.diamonds.net

RAPAPORT... Jewelers of America (JA) will present a posthumous honor to industry leader Steven Kaiser at its next GEM Awards.Kaiser, who died in May of this year, will receive JA's Award for Lifetime Achievement at the event at New York's Cipriani 42nd Street on March 17, 2023, the organization said Wednesday. He was president and CEO for the US at the Kennedy watch group and chaired the Jewe...Read More

Podcast: Diamond Market Plays It Cool

October 06, 2022 / www.diamonds.net

RAPAPORT... The diamond industry is facing contrasting trends at the start of the important fourth quarter. US jewelers are optimistic for the holiday season, but the trade is staying cautious amid the economic slowdown. In this episode of the Rapaport Diamond Podcast, Rapaport Senior Analyst Avi Krawitz and News Editor Joshua Freedman discuss the slump in diamond trading, acknowledging the impact...Read More

Price Decline Fueling Diamond Trade Uncertainty

October 06, 2022 / www.diamonds.net

RAPAPORT PRESS RELEASE, October 6, 2022, Las Vegas... Polished trading was slower than usual in September as US economic uncertainty and the slowdown in China affected sentiment. Dealers were cautious as polished prices continued to slide.The RapNet Diamond Index (RAPI?,,?) for 1-carat diamonds fell 3.8% in September. Having declined 9.7% in the third quarter, it was down 3% from the beginning of...Read More

De Beers' Sales Down to $500m Ahead of Diwali

October 06, 2022 / www.idexonline.com

(IDEX Online) - De Beers today said it sold $500m (provisional) of rough at Cycle 8, down over a fifth on the previous Cycle, but broadly in line with the same period last year ($492m).At the end of August UK-based miner announced sales (revised) of $638m, up more than a fifth on both the previous Cycle this year and on the same Sight last year.De Beers predicted a drop in a rough demand at the ti...Read More

EU Sanctions could Cost 10,000 Antwerp Diamond Jobs

October 06, 2022 / www.idexonline.com

(IDEX Online) - A European ban on Russian diamonds could cost 10,000 Belgian jobs, says the Antwerp World Diamond Centre (AWDC).Tom Neys, spokesman for the AWDC, told EUobserver the center was against an EU ban because Russia would welcome the opportunity to sell its diamonds in Dubai or India instead.He said Russia could switch export venues overnight and never return to Europe.Belgium's pri...Read More

Growth in US Watch and Jewelry Sales Hits Two-Year Low

October 06, 2022 / www.idexonline.com

(IDEX Online) - The growth in sales of US jewelry and watches hit a two-year low in August, at just 3.7 per cent.  That's according to the Department of Commerce, but it will likely be revised next month. The July figure, originally reported as 10.2 per cent - a significant rise on 5.3 per cent in June - has now been revised down to 5.9 per cent, based on actual through-the-till tra...Read More

Vale may sell 10-15% stake in metals business

October 06, 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 limitedBritish broadsheet the Financial Times quoted unnamed sources as saying that Vale is in discussions to sell a...Read More

Tech Talk for Thursday October 6th 2022

October 06, 2022 / www.timingthemarket.ca

U.S. equity index futures were lower this morning. S&P 500 futures at 7:30 AM EDT were down 18 points.Costco added $2.28 to $482.60 after announcing a sales gain in September of 10.1%.Ford gained $0.04 to $12.55 after announcing an increase in the price of its electric F150 pickup truck.Companies scheduled to report quarterly results today include Constellation Brands and ConAgra EquityCl...Read More

George Gammon: United Nation's Psychotic New Plan Exposed

October 06, 2022 / marketsanity.com

George Gammon, Released on 10/6/22George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 years as a successful entrepreneur, at the a...Read More

Gerald Celente: Keep Staying Stupid, Follow Your Leaders

October 06, 2022 / marketsanity.com

Trends Research, Released on 10/6/22Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, ri...Read More

Art Berman (Oil Expert): Energy Prices, Global Economy, WW3

October 06, 2022 / marketsanity.com

George Gammon, Released on 10/6/22George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 years as a successful entrepreneur, at the a...Read More

Dr. Peter McCullough's account has been suspended from Twitter for "Covid misinformation"

October 06, 2022 / marketsanity.com

Kate - Twitter, Released on 10/6/22Hey @elonmusk your soon to be company just de-platformed the most published peer-reviewed cardiologist and internist in history-and accused him of Covid misinformation. A world-renowned Board Certified medical expert that even experts rely on.Over half a million followers. pic.twitter.com/ewujaA1oPm- Kate (@KateTalksTruth) October 7, 2022 Dr. Peter McCullough's a...Read More

VIDEO: Life inside the China covid isolation camps

October 06, 2022 / marketsanity.com

Wall Street Silver - Twitter, Released on 10/6/22Life inside the China covid isolation camps. There are reports of women with children, even pregnant women, being locked up here.Is this really about covid? or is it just about control???"? pic.twitter.com/Cm3hoE86ZK- Wall Street Silver (@WallStreetSilv) October 6, 2022 VIDEO: Life inside the China covid isolation camps added by Herman James on 10/0...Read More

David Erfle: Why the Gold Price Bounced and What Could be Next

October 06, 2022 / marketsanity.com

Investing News, Released on 10/6/22 (Recorded on 10/4/22)This interview was filmed on October 4, 2022.The gold market is getting exciting again after what's essentially been six months of consecutive price declines, said David Erfle, editor and founder of Junior Miner Junky. Speaking about the yellow metal's recent fall down to the US$1,622 per ounce level, he called it a "false breakdown" and sai...Read More

Kanye West tells Tucker Carlson why he wore a "White Lives Matter" t-shirt

October 06, 2022 / marketsanity.com

Fox News, Released on 10/6/22Days ago, during fashion week in Paris, @kanyewest, accompanied by his friend @RealCandaceO, unveiled a t-shirt that read simply, "White Lives Matter." Here's why he did it: pic.twitter.com/tF9oQdtIwv- Tucker Carlson (@TuckerCarlson) October 7, 2022 Kanye West tells Tucker Carlson why he wore a "White Lives Matter" t-shirt added by Herman James on 10/06/2022View al...Read More

Biden Warns 'Nuclear Armageddon' Threat Back 'For First Time Since Cuban Missile Crisis'

October 06, 2022 / marketsanity.com

Zero Hedge, Released on 10/6/22President Joe Biden said on Thursday that the threat of nuclear "Armageddon" is at its highest level since the Cuban missile crisis, and thatContinue... Biden Warns 'Nuclear Armageddon' Threat Back 'For First Time Since Cuban Missile Crisis' added by Herman James on 10/06/2022View all posts by Herman James ?+'Read More

GMS: EY's Theo Yameogo on ESG and digital transformation - 'We need to communicate'

October 06, 2022 / www.northernminer.com

Are ESG ratings for miners clear enough? Are ESG principles clearly understood by most people? What role can digital transformation play in mining?Theo Yameogo, sector leader for EY Americas & EY Canada Mining & Metals joined a conversation centred on the evolution of ESG and digital transformation at The Northern Miner's Q3 Global Mining Symposium on Sept. 29.Towards unified principlesThe current...Read More

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