Customs officials in southern China have impounded just under 10,000 tonnes of copper 'concentrates' after it turned out to be smelting waste, which is prohibited from entering the country.Customs inspectors at Fangchenggang, in Guangxi province in southern China, said the cargo was reported by a Shanghai-based company as copper concentrates - a feedstock used by copper smelters for making refined...Read More
While digital transformation has rocked the mining industry, the pandemic accelerated the shift to remote working, amplifying the demand for state-of-the-art technology to keep teams virtually connected to on-the-ground operations.TIMining, a global technology company dedicated to the mining industry with offices in Santiago and Perth, has multiple software platforms for different processes being...Read More
Mining stocks have performed well this year after the COVID-19 pandemic weakened the global economy. Propping up commodity prices further, global federal reserve banks have responded to the health crisis by setting expectations for a prolonged period of low interest rates.If you want to invest in mining stocks, here are the top three mining stocks to buy in October 2020.Yamana Gold: A solid hedge...Read More
People still listen to and follow Warren Buffett. He has shared more than 100 quotes that give investors the confidence to pursue financial goals. Many consider the American tycoon as one of the most successful investors in the world.Buffett is well loved, not only for his brilliant strategies but for his humility as well. There’s a pilgrimage to Berkshire Hathaway’s meeting every year...Read More
Gold stocks have soared with the price of gold in 2020 after the COVID-19 pandemic weakened the economy and Federal Reserve banks globally announced a prolonged policy environment of low-interest rates. Will gold continue to soar this year on inflation concerns or has the commodity price hit a peak?If you are still bullish on gold, here are three of the top TSX gold stocks to buy for October 2020....Read More
Of greater importance to iron ore miners are persistent reports of a looming fall in the iron ore price as Chinese steel production peaks and Brazilian iron ore exports recover after a series ofRead More
Seven bloody sisters sat together in a room wondering how things ended up so poorly for them.Times weren't always tough, mind you. In fact, most of their time lately has been spent reminiscing about the good old days.You see, those were the days they ruled the world.I understand any eye rolls that come my way. Most of you probably think I'm being hyperbolic... but I assure you I'm not. You know th...Read More
Newrange Gold reported it drilled 14.85 g/t Au over 9.15 meters including one segment which registered 34.11 g/t Au over 3.05 meters at its Pamlico project in Nevada. In a news release, Vancouver-based Newrange Gold Corp. (NRG:TSX.V; NRGOF:OTC) announced drill results from the Merritt Zone at its Pamlico Project located near Hawthorne, Nevada.The firm stated that "hole P20-82 in the Merritt Zone...Read More
With this work, Westhaven Gold aims to better define structural trends at its Prospect Valley project. Westhaven Gold Corp. (WHN:TSX.V) began ground geophysics at its Prospect Valley gold property in British Columbia's Spences Bridge Gold Belt, it announced in a news release. A 244-line kilometer ground magnetic survey will be carried out by Scott Geophysics of Vancouver over the Bonanza target,...Read More
Ely Gold Royalties has agreed to purchase a 0.3% royalty for claims on the Trenton Canyon property in Nevada now being drilled by SSR Mining. Ely Gold Royalties Inc. (ELY:TSX.V; ELYGF:OTCQX; I4U:FSE), in a news release, announced that it has entered into an agreement to purchase a 0.3% net smelter returns (NSR) royalty, the Trenton Canyon Royalty, from a private unnamed individual. The firm advis...Read More
Granite Creek Copper has mobilized to begin the inaugural drill program at its Stu Project in the Yukon. In a news release, Granite Creek Copper Ltd. (GCX:TSX.V) announced updates regarding its current exploration and financing programs. Granite Creek Copper launched a fall drill program at its Stu copper-gold project in the Yukon. Plans call for 1,500 meters of diamond drilling to expand upon pr...Read More
Peter Epstein of Epstein Research discusses the results of a recent drill program by Aston Bay Holdings. Aston Bay Holdings Ltd. (BAY:TSX.V; ATBHF:OTCQB) announced results from its Phase 2 drill program (seven holes, 803 meters [803m]) at the Buckingham Gold property in central Virginia (USA). Phase 2 added to the 1,218m (10 holes) from Phase 1 in March.The new holes included one strong, very ne...Read More
Bob Moriarty of 321gold profiles a junior that is exploring a property it has optioned from Great Bear Resources. For investors in the resource sector this year has to seem similar to one of those sick, good-news, bad-news jokes. As a result of some world-class stupidity from governments around the globe shutting down the world economy in response to what appears to be little more than a bad flu...Read More
After nearly three weeks of sideways/downward price action in Gold and Silver, our researchers believe both metals have already set up another breakout/rally attempt after breaching downward resistance (shown as the downward sloping CYAN line). This could be another huge opportunity for precious metals traders as the next move higher should prompt a rally above recent highs. That means a target pr...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.The coronavirus pandemic has had a massive impact on every part of the global economic system. In response, unprecedented stimulus measures have boosted many countries’ debt-to-GDP ratios to levels not seen since WWII. But even...Read More
RAPAPORT... Australian jeweler Michael Hill reported an improvement in same-store sales during the first fiscal quarter amid a rise in online shopping and an increased desire for branded jewelry.Same-store sales - at branches open more than a year - rose 7% to AUD 116.7 million ($83.7 million) during the three months ending September 27, the company said Tuesday. Group sales slipped 3.6% to AUD 11...Read More
RAPAPORT... De Beers has registered its highest sales total since January as rough demand improved ahead of the fourth-quarter holiday season.The company sold $467 million of rough during its September sales cycle, the eighth of the year - a 57% rise compared with the same period last year, it reported Wednesday. Sales rose 40% versus the seventh cycle.The miner reduced prices of smaller good...Read More
RAPAPORT... Jewelers for Children will distribute $475,000 to its charity partners this year, bringing its total donations to $57.3 million since the organization began in 1999."Serving as board chair through this very challenging year has truly shown me just how beloved Jewelers for Children is in our great industry," Debra Puzio, the chair of Jewelers for Children's board, said Tuesday. "Th...Read More
(IDEX Online) - A British jeweler is being sued over the loss of a $40,000 fancy yellow diamond that fell out of a ring he sold.Philip Lloyd Jewellers, in West Sussex, was accused of failing to secure the stone with reasonable care and skill during a court hearing on Tuesday.Insurance broker Mark Hare, 58, bought the gem as a Christmas gift for his then-girlfriend Olivia Claffey in 2017.She notice...Read More
(IDEX Online) - Indian jewelry chain Tanishq has withdrawn an advert depicting a Muslim-Hindu baby shower after a furious backlash on social media. Critics claimed it glorified what Hindu extremists have labeled "love jihad" - the alleged campaign by Muslim men to seduce and convert Hindu women - and launched a vicious "trolling" campaign online.The 45-second was p...Read More