Recent News

Botswana Must Not Produce or Sell Synthetic Diamonds

July 23, 2020 / www.idexonline.com

(IDEX Online) - Botswana must avoid all involvement with "synthetic diamonds" to protect its most valuable natural resource, said a government minister.Mmetla Masire told a parliamentary committee that engaging in their production or sale would compromise the value of its mined gems.Botswana is the world's second biggest diamond producing nation after Russia, and diamonds account for 70 per c...Read More

Jewelers for Children Aims to Notch up 6m Steps for Charity

July 23, 2020 / www.idexonline.com

(IDEX Online) - The charity Jewelers for Children is holding a virtual version of its annual Rings of Strength event to support kids in need.  Organizers hope participants will notch up a total of 6,000,000 steps - by walking, running, cycling or even lawn-mowing a 5k - during the upcoming virtual JCK Show (August 11 - 14).   The usual format has been revised because of COVID-1...Read More

Alrosa Relaxes Terms for Buyers

July 23, 2020 / www.idexonline.com

(IDEX Online) - Alrosa says it will offer buyers "unprecedented" flexibility by halving their accumulated obligations to buy its diamonds.The company has been allowing increased deferrals since April and says that as a result volumes allocated for the second half of 2020 are nearly a third up on historical levels."Having considered the situation, Alrosa decided to reduce by 50 percent on average (...Read More

Major milestone achieved as access road construction can proceed

July 23, 2020 / www.mining-journal.com

Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe Section 404 permit, governed by the Clean Water Act, is to be issued shortly by the US Army Corp of Engineers (USACE). Development of the road will unlock the economic potential of the region by improving access.Trilogy is a partner in Ambler Metals together with South32, which will develop the Arctic copper deposit.Artemis all...Read More

COVID has changed us for good: Adkerson

July 23, 2020 / www.mining-journal.com

Artemis all set thanks to unique approachSPONSOREDartemis resourcesSpeaking on a conference call this week to explain the copper leader's surprise June-quarter profit, Adkerson said Freeport had gone into the pandemic leaner and argbuably more nimble, butRead More

Friedland: Carbon footprint will be priced into copper

July 23, 2020 / www.mining-journal.com

Artemis all set thanks to unique approachSPONSOREDartemis resourcesSpeaking with Rick Rule from his home in Singapore on the first day of the 2020 Sprott Natural Resource Symposium, Friedland said mining was being looked at with a new lens financially, socially andRead More

Markets broadly mixed in line with geopolitical, economic crosswinds

July 23, 2020 / www.metalbulletinresearch.com

Heightened diplomatic tensions between the United States and China, and their potential implications on the phase one trade deal struck between the two nations, were a headwind for the base metals this morning, Thursday July 23. Meanwhile, more liquidity keeps underlying sentiment bullish, as do supply concerns.* Base metals have run into resistance; not so the precious metals, especially gold aft...Read More

Tech Talk for Thursday July 23rd 2020

July 23, 2020 / www.timingthemarket.ca

MasterCard (MS), an S&P 100 stock moved above $315.64 extending an intermediate uptrend.Cintas (CTAS), a NASDAQ 100 stock moved above $292.11 and $304.81 to an all-time high extending an intermediate uptrend. Pre-opening Comments for Thursday July 23rdU.S. equity index futures were higher this morning. S&P 500 futures were up 8 points in pre-opening trade.Index futures were virtually...Read More

PRIVATE BLOG - Gold Into July 2020

July 23, 2020 / www.armstrongeconomics.com

PRIVATE BLOG - Gold Into July 2020Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.https://ask-socrates.com/Read More

Strategy swings end in tears

July 23, 2020 / www.mining-journal.com

Asiamet Resources: Copper's Best Kept SecretSPONSOREDasiamet resourcesScoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.IronRidge shows its mettleSPONSOREDironridge resources Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesNew Energy Minerals and PepinNini Minerals are examples of junior mining companies coming unstuck after abandoning p...Read More

Monarch hits high-grade gold at McKenzie Break

July 23, 2020 / www.northernminer.com

Monarch Gold (TSX: MQR) has reported high-grade drill results from the central part of its wholly-owned McKenzie Break gold project, 35 km north of Val-d'Or, Quebec.Highlights from the drill program include drill hole 20-255, which intersected 14 metres grading 13.95 grams gold per tonne starting from 301 metres downhole, including 0.5 metre grading 311 grams gold, 1 metre grading 25.4 grams gold,...Read More

Teck delays QB2 expansion in Chile

July 23, 2020 / www.northernminer.com

Teck Resources (TSX: TECK.B; NYSE: TECK), Canada's largest diversified miner, could see its Quebrada Blanca Phase 2 (QB2) expansion project in Chile delayed by up to six months due to Covid-19.Delivering results for the second-quarter, in which Teck recorded a $149-million loss, the Vancouver-based miner said all its mines across Canada, the United States, Chile and Peru had continued operating.Co...Read More

Roxgold drills more high grades at Seguela

July 23, 2020 / www.northernminer.com

Four drill rigs at Roxgold's TSX: ROXG; US-OTC: ROGFF) Sequela gold project in Cote d'Ivoire continue to return high-grade results at both Ancien and Antenna North, the company reports.Assay highlights from Ancien, which lies within 6 km of the project's Antenna deposit, came from drill hole SGRD732, which returned 14 metres grading 13.3 grams gold per tonne from 71 metres, including 4 metres of 2...Read More

Kore advances FG gold project in BC

July 23, 2020 / www.northernminer.com

KORE Mining (TSXV: KORE; US-OTC: KOREF) has released assay results for six holes completed at its FG Gold project in B.C.'s Cariboo region, which extend the Lower Zone discovery and further define the Upper Zone.The 130-sq.-km FG Gold project is 100 km east of Williams Lake.Drill highlights included 53 metres of 1.1 grams gold per tonne starting at 123 metres from the Lower Zone, which ended in mi...Read More

First Cobalt pushes ahead with refinery expansion plan

July 23, 2020 / www.northernminer.com

First Cobalt (TSXV: FCC) is moving directly into an expansion scenario for its permitted cobalt refinery in Ontario after conducting a detailed engineering study on the facility.The company said on July 22 that the plan could save millions of dollars by lowering operating costs through pilot plant work at third-party facilities. Financing discussions for the project are now entering the next phase...Read More

Dr Allen Alper Interviews Glenn Mullan, Chairman of the Board, President, and Chief Executive Officer, Golden Valley Mines (TSX-V: GZZ)

July 23, 2020 / www.metalsnews.com

We spoke with Golden Valley Mines' (TSX-V:GZZ) Chairman of the Board, President, and Chief Executive Officer, Glenn Mullan. Golden Valley Mines is a junior exploration company that has shares of Abitibi Royalties, Val-d'Or Mining Corporation, and International Prospect Ventures. They also have Joint Ventured with many companies that have left Golden Valley with Net Smelter Return (NSR) Royalties o...Read More

China Recovered in Q2. Will the Red Dragon Sink Gold? / Commodities / Gold & Silver 2020

July 23, 2020 / marketoracle.co.uk

China’s economy grew 3.2 percent in Q2 2020. The expansion was above expectations, but it does not have to sink gold.Last week, China reported that its economy grew 3.2 percent year-on-year in the second quarter of this year, following a 6.8 percent contraction in the previous quarter, as the chart below shows. Importantly, the actual growth rate beat the market expectations of a 2.5 percent...Read More

Translating the Gold Index Signal into Gold Target / Commodities / Gold & Silver 2020

July 23, 2020 / marketoracle.co.uk

Last week, we wrote that gold miners flashed an“extremely overbought” signal, which they had only flashed once in the past –almost right at the 2016 top. The GoldMiners Bullish Percent Index recently moved to the highest levelthat it could reach – 100.The only other case when the index was at 100, wasin mid-2016. We marked this situation with a vertical dashedline. Did min...Read More

Weakness in commodity prices suggests a slowing economy / Commodities / Commodities Trading

July 23, 2020 / marketoracle.co.uk

As the world's economic engine starts to recover from the COVID-19 pandemic, the demand for certain key commodities are a good indicator of the rebound strength.The S&P GSCI Commodity Index (Chart 1) is a collection of24 commodities from all commodity sectors (energy products, industrial metals, agricultural products, livestock products and precious metals). Since 2011, the index has been in a...Read More

COMEX Silver EXPOSED! 99.9% of Trades Are FAKE!!

July 23, 2020 / www.silverdoctors.com

The silver market has BROKEN! You won't see it in the price. Here's where you'll see it...by Bix Weir of Road to RootaWOW! Yesterday 1.25B Ounces of electronic silver was traded on the COMEX and yet the Open Interest (total amount of contracts held) BARELY CHANGED! PURE FRAUDULENT HIGH FREQUENCY TRADING!Read More

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