Nickel Creek Platinum Corp. (TSX: NCP; OTCQB: NCPCF) envisions becoming a leading North American producer of nickel, copper, cobalt and PGMs, through their wholly owned, large, undeveloped Nickel Sh??w Project, located in the favorable mining jurisdiction of the Yukon Territory, with exceptional access to infrastructure, including the paved Alaska Highway, which provides year-round access to deep-...Read More
For 18 years, Chad Kuske was an active duty Navy SEAL.If you know anything about the SEALs, you know these guys are about as tough as they come.Every year, only about 1,000 recruits actually even make it to SEAL training. And of those recruits, maybe 250 successfully complete that training.The mental and physical endurance necessary to even become a SEAL is something most folks simply don't have a...Read More
Aurania Resources' large land package in Ecuador has never been explored with modern methods. Historians know that there were seven Spanish colonial era gold mines in present-day Ecuador, but only five of them have been located. Dr. Keith Barron, chairman and CEO of Aurania Resources Ltd. (ARU:TSX.V; AUIAF:OTCQB), dreams of finding those two "Lost Cities." So far, he hasn't succeeded, but he has...Read More
It was only afterhe entered politics that President Donald Trump began to fully grasp the bias, dishonesty,and fakeness that runs throughout the so-called mainstream media.Butgold bugs and sound money advocates have long known to distrust the reportingof establishment news sources.Journalists’anti-gold and anti-Trump biases c...Read More
Rising expectations for holiday season despite surge in Covid-19. US retail sales +5.7% in Oct. Digital driving growth in US and China: Walmart 3Q e-commerce +79% and Alibaba's 11/11 Singles' Day sales +26% to record $74B. Polished trading slow as Indian suppliers take Diwali vacation. Jewelers making final holiday orders. Steady demand for 1 to 2 ct., G-H, VS-SI goods in bridal category. Positive...Read More
RAPAPORT... Swiss watch exports saw their ninth consecutive monthly decline as US orders slipped and a fresh wave of European lockdowns cast a cloud over demand in the region.Global shipments fell 7% to CHF 1.88 billion ($2.07 billion) in October, the gentlest fall since February, the Federation of the Swiss Watch Industry reported Thursday. Exports to the US fell 5% to CHF 215.9 million ($23...Read More
RAPAPORT... Sales of personal luxury goods will fall 23% this year, the first decrease since 2009, and are unlikely to recover for at least two years, Bain & Company predicted.Total sales for the category will drop to EUR 217 billion ($257.47 billion) in 2020 as the coronavirus pandemic shut stores around the world, Bain forecast Wednesday in its global luxury report. That represents the steep...Read More
RAPAPORT... Hong Kong-based jeweler Tse Sui Luen (TSL) fell into the red in its first fiscal half as the coronavirus and tensions between the US and China battered its business across the region.The retailer recorded a loss of HKD 41.6 million ($5.4 million) for the six months ending September 30, compared with a profit of HKD 1.5 million ($197,360) in the same period of 2019, it reported Wed...Read More
(IDEX Online) - Exports of Swiss watches are suffering their sharpest decline since World War Two.They fell by just over a quarter - 25.8 per cent - in the first 10 months of 2020, according to new figures released by the Federation of the Swiss Watch Industry.But the rate of decline slowed in October to 7.1 per cent, the lowest figure this year. Total sales of wrist watches and other products las...Read More
(IDEX Online) - Alrosa says demand remains strong for high-quality rough, after selling over $24m worth of large stones in Israel and Dubai earlier this month.The Russian state-owned miner also conducted sales of fancy colored rough in Israel and Belgium. It said it sold 64 per cent of 130 lots weighting 8,200 carats but did not disclose further details.Alrosa's sales of special size (over 10...Read More
(IDEX Online) - Fashion model Indira Scott is fronting a De Beers' campaign highlighting sustainability in the diamond sector.Five leading US designers - Jade Trau, Jennie Kwon, Julez Bryant, Sara Weinstock and Zoe Chicco - each produced a pendant featuring rough diamonds from Botswana, inspired by the country's people, wildlife and landscape after a visit last year.Their pieces, p...Read More
The base metals were consolidating recent gains but generally holding up near high ground this morning, Thursday November 19 – this despite some nervousness emerging in wider markets about the rapid spread of Covid-19.* Asian Pacific equities were mixed this morning, but major European equity indices were down while they tracked Wednesday’s weakness in US markets* Gold prices also weaker...Read More
Junior Gold Equity ETF (GDXJ) moved below $51.27 extending an intermediate downtrend. Pre-opening Comments for Thursday November 19thU.S. equity index futures were lower this morning. S&P 500 futures were down 9 points in pre-opening trade.Index futures moves slightly lower following release of the November Philly Fed Index and Weekly Jobless Claims report at 8:30 AM EST. Consensus for the Phi...Read More
ELKO, Nev., Nov. 19, 2020 /PRNewswire/ -- U.S. Gold Corp. (Nasdaq: USAU) (the "Company"), a gold exploration and development company, today announced it will be featured as a presenting company at the H.C. Wainwright Mining Conference. The conference is being held on November 30 - December 1, 2020 virtually.Edward Karr, Executive Chairman of U.S. Gold Corp. will provide an overview of the Com...Read More
Pantoro bullish on bigger production profileSPONSOREDpantoro limitedGenesis opens new chapter at UlyssesSPONSOREDgenesis mineralsRemote Pitram deployment puts miners in the driver's seat Amid Covid ClosuresSPONSOREDmicromine'Best discovery in my time': De Grey on the march at HemiSPONSOREDde grey miningIn recent weeks, Australian investors could access a torrent of online mining compan...Read More
Marathon Gold's (TSX: MOZ) latest drill results from the 6-km Berry corridor within its Valentine gold project in central Newfoundland continue to return gold intervals from an area between existing deposits.The developer has released assay results for 15 holes, completed as part of an 8,000-metre infill campaign at Berry. Highlights include 42 metres of 3.7 grams gold per tonne from 37 metres; 24...Read More
South America-focused miner Sierra Metals (TSX: SMT; NYSE-AM: SMTS) has released a preliminary economic assessment (PEA) on an expansion of its Yauricocha polymetallic mine in Peru's Yauyos province. The early-stage study suggests a throughput increase to 5,500 tonnes per day, up from 3,150 tonnes per day currently. The site is already scheduled to see an intermediate scale-up to 3,600 tonnes per...Read More
I speak mining, and have done so for over 45 years. For most of that time, I have defended the industry from those ignorant or ill-informed of our activities. I have stressed that the occasional mine accident or dam failure was the exception that proved the general rule. We are, I said, diligent, committed to safety and better than the media paints us (and this is coming from someone who became a...Read More
The world's top lithium producer Albemarle (NYSE: ALB) has joined forces with 27 companies, including electric vehicle maker Tesla and rideshare company Uber, to form a group that will push for 100% electric vehicle (EV) sales in the U.S. by 2030.The Zero Emission Transportation Association (ZETA), launched this week, is the first industry coalition of its kind advocating for national policies to...Read More
Despite strong quarter-on-quarter recovery in supply, the global platinum market is set to experience a second consecutive year of deficit at just over 1.2 million oz. in 2020, according to the World Platinum Investment Council's (WPIC) latest quarterly report.A stellar rebound in automotive demand and sustained strong investment demand for precious metals lifted platinum demand well above supply...Read More