RAPAPORT... Christie's brought in $5.2 million from its Fine Jewels sale in Paris, with several pieces smashing their presale estimates.A ring by designer Verdura, featuring a rectangular cut-cornered, 5.57-carat Kashmir sapphire and rectangular cut-cornered, H-color, VVS1-clarity diamond weighing 5.53 carats, fetched EUR 274,000 ($310,418), the highest price for a jewelry item. Christie's so...Read More
RAPAPORT... Revenue at Titan Company dropped sharply in the past two months during India's coronavirus lockdown, but the jewelry retailer noted encouraging signs as restrictions eased.Jewelry sales fell more than 80% year on year in May and around 30% in June as shutdowns continued to affect the retail market, the company reported Tuesday. Most stores have now reopened, Titan added, without s...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe extension to the payment deadlines reduces the total payments due between May 2020 and February 2021 from US$9.Read More
Broad markets were managing to remain upbeat this morning, Thursday July 9, despite the rapid spread of the Covid-19 virus across some continents, while the base metals were rallying on the back of numerous supply disruptions, especially affecting copper and zinc. Wednesday saw European equities pull back and those in the United States initially followed, but then US stocks ended Wednesday with ga...Read More
Walgreen Boots (WBA), a Dow Jones Industrial stock moved below $39.83 setting an intermediate downtrend. The company announced plans to reduce its workforce by 7,000.CVS Health (CVS), an S&P 100 stock moved below $61.82 setting an intermediate downtrend.More precious metal stock breakouts on U.S. equity markets! Wheaton Precious Metals moved above US$47.05 to an all-time high, Kinross Gold mov...Read More
Endeavour Silver (TSX: EDR; NYSE: EXK) took a significant hit to production in the three months to the end of June, as operations were halted for two months to comply with the Mexican government's efforts to halt the spread of the coronavirus.During the quarter, the Vancouver-based precious metal miner churned out 596,545 oz. silver and 5,817 gold oz., for silver equivalent production of 1.06 mill...Read More
The total transaction value of mergers and acquisitions in the second quarter of the year reached US$2.86 billion in twelve deals, with Chinese buyers acquiring gold assets and smaller companies joining forces to become mid-tier producers, Bank of America Securities says in a new report.The investment bank notes that the 12 transactions represented the highest quarterly total since the fourth quar...Read More
Haywood Securities has raised its gold price forecast for the second half of 2020 from US$1,650 per oz. to US$1,800 per ounce.Next year, the broker-dealer predicts gold will average US$1,700 per oz., up from its earlier forecast of US$1,600 per oz., while 2022 should see the precious metal average US$1,650 per oz., up from an earlier estimate of US$1,550 per ounce."We maintain our view that gold i...Read More
Antofagasta's (LSE: ANTO) Twin Metals Minnesota has received formal notice that its planned copper-nickel-cobalt-platinum metals mine will be assessed through a federal environmental review. The U.S. government's Bureau of Land Management (BLM) notified the company at the end of June of its intention to scope and prepare an Environmental Impact Statement (EIS) for the proposed mine project in Minn...Read More
Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Driving more value from your capital projects post COVIDSPONSOREDproudfootIronRidge shows its mettleSPONSOREDironridge resources Matador Mining has a gold project in Newfoundland which directors valued at A$194 million in a scoping study comp...Read More
Chirundu includes the Njame and Gwabe deposits, which were included in GoviEx's 2017 preliminary economic assessment for its Mutanga uranium project.GoviEx said due to the smaller scale and higher-cost nature of the Gwabe and Njame deposits, they were scheduled to be mined in the later stages and as a result, "the exclusion of these deposits from the mine plan is believed to have a low to no impac...Read More
With the first half of 2020 officially in the books, I thought I'd look ahead and try to figure out what the second half might bring. What looks good? What doesn't?Well, regretfully, I've come to find that quite a lot looks bad. To put it bluntly, stocks are in a bubble. As of June 30, the market posted its best 100-day period in more than 80 years, going back to 1938, according to Bespoke Inve...Read More
Gold, silver, and theirminers’ stocks suffer their weakest seasonals of the year in early summers. With traders’ attention normally diverted to vacationsand summer fun, interest in and demand for precious metals usually wane. Without outsized investment demand, goldtends to drift sideways dragging silver and miners’ stocks with it. Feared as the summer doldrums,...Read More
Gold stocks have led the market for a year, and with economic deceleration and Fed policy response that leadership looks to continue [edit: today’s ‘in the bag’ bounce-back Jobs report does little to alter the economic deceleration theme]We have been on a bullish gold mining view for over a year now. Over that time there have been three interruptions, the downward-biased consolid...Read More
The entire global financial structure is in theprocess of faltering, breaking, and crumbling. It is better described assabotage by the Globalist cabal in league with their fascist partners. As theentire economy fractures, as all debt faces failure, as most assets break down,as countless households struggle, the King Dollar faces a certain sunset, truesafe haven will be uniformly sought. Correspond...Read More
The Digital Mine of the Future in Canada - Calin Miculescu, P.Eng, Director, Sales, NokiaRead More
TMX Group - Facilitating ESG DisclosureRead More
Gold, silver, and theirminers’ stocks suffer their weakest seasonals of the year in early summers. With traders’ attention normally diverted to vacationsand summer fun, interest in and demand for precious metals usually wane. Without outsized investment demand, goldtends to drift sideways dragging silver and miners’ stocks with it. Feared as the summer doldrums,...Read More
Gold stocks have led the market for a year, and with economic deceleration and Fed policy response that leadership looks to continue [edit: today’s ‘in the bag’ bounce-back Jobs report does little to alter the economic deceleration theme]We have been on a bullish gold mining view for over a year now. Over that time there have been three interruptions, the downward-biased consolid...Read More
The entire global financial structure is in theprocess of faltering, breaking, and crumbling. It is better described assabotage by the Globalist cabal in league with their fascist partners. As theentire economy fractures, as all debt faces failure, as most assets break down,as countless households struggle, the King Dollar faces a certain sunset, truesafe haven will be uniformly sought. Correspond...Read More