Assays are expected later this month from the Andover project as Azure said "high-grade nickel mineralisation (was) confirmed by pXRF (as) verified by Azure's onsite geologist". A 40.Read More
It's raining gold in India.At least that was the rumor that reportedly caused hundreds of people near Bangalore to go searching the ground for fallen gold.According to a report by Asianet News, a rumor "spread like wildfire" that gold coins fell from the sky with a recent rainstorm near a police station in the town of Anekal. The report said locals believed these gold coins once belonged to the an...Read More
Outcrop Gold, despite its name, is finding lots and lots of silver alongside gold at its Santa Ana project. Outcrop Gold Santa AnaOutcrop Gold Corp. (OCG:TSX.V; MRDDF:OTCPK; MRG1:DB) uses the prospect generator joint venture model, where it farms out exploration targets to partners, who then fund much of the exploration. But sometimes Outcrop breaks its own rules and explores a property itself.It...Read More
Peter Krauth explains why he believes investors should hold a position in silver. We're still in the early innings of a precious metals bull market.And if you're wondering whether you need to own some silver, my answer is categorically yes.It's only a matter of degree. With silver that's important because it acts like gold, but on steroids.Silver can languish for extended periods, even if gold mo...Read More
Through drilling, Liberty Gold extends 2-km-long D-1 Zone at its Black Pine project in Idaho. Three Liberty Gold Black Pine DiscoveriesLiberty Gold Corp. (LGD:TSX; LGDTF:OTCQB) provided in a news release an update on its drill programs in the U.S. and Turkey.Regarding its U.S. asset, the Black Pine oxide gold project in Idaho, the Vancouver-based explorer reported the most recent results from its...Read More
Metallic Minerals hires a high-tech, mining-focused firm to help refine and prioritize exploration targets at its Yukon asset. Keno ProjectMetallic Minerals Corp. (MMG:TSX.V; MMNGF:OTCMKTS) announced in a news release it engaged GoldSpot Discoveries Corp. to analyze, using its proprietary machine learning technology, the geological, geophysical and geochemical data from the explorer's flagship Ke...Read More
The USD/ZAR chart has been a good predictorfor silver rallies. Similar to the US Dollarindex, but a bit more accurate or precise. Very important silverbottoms tend to coincide with tops of the USD/ZAR chart.Below, is a chart of silver as compared withthe USD/ZAR chart, to demonstrates this fact: The 2001 silver bottom(SB) occurred onemonth before the key 2001 USD/ZAR bottom. This was followed by a...Read More
This bull market will likely be very exciting...David Smith on Palisade RadioTom welcomes David H. Smith, Senior Analyst for The Morgan Report, to the show. David discusses how to outperform other investors in the markets and what pitfalls to avoid. He outlines three strategies investors could deploy to find good opportunities.He gives us an overview of the metals current technical picture and the...Read More
RAPAPORT... There was a moment during the 2019 Academy Awards ceremony that made the jewelry world stop and gasp. Lady Gaga, who would later that evening collect the coveted Oscar for best original song, stepped onto the red carpet in an Alexander McQueen dress, black leather gloves, and a storied yellow-diamond necklace by Tiffany & Co. The necklace's 128-carat center stone, which compan...Read More
RAPAPORT... The global market for secondhand hard-luxury goods is benefiting from emerging consumer trends that have intensified during Covid-19, according to Boston Consulting Group (BCG). The category is growing by 8% per year, the management firm said in a recent report.Rising online sales, changing consumer preferences and increased concerns about sustainability are driving demand for the...Read More
RAPAPORT... Belgium's polished shipments slumped last month as the cancellation of the September Hong Kong show and continued uncertainty around Covid-19 stalled the sector's recovery."Rough is performing really well; polished is still somewhat subdued," a spokesperson for the Antwerp World Diamond Centre (AWDC) told Rapaport News on Monday. "It's not like polished is flying out the doors any...Read More
(IDEX Online) - The vast new bourse being built in Surat is set to attract $20bn of exports from Mumbai and create 200,000 job when it opens next year. The world's largest office building - covering a site larger than The Pentagon in the USA - will boast nine 11-story towers, housing 4,400 offices and bringing merchants and manufacturers under one very big roof.The Surat Diamond Bo...Read More
(IDEX Online) - The proposed sale of the Ekati mine in Canada is off, after owners Dominion reached an "impasse" with its buyer's insurers. The troubled miner had hoped to complete the $146m sale next month to another subsidiary of its parent group, The Washington Companies.But they couldn't reach agreement on $280m of surety bonds posted with the Government of the Northwest Territo...Read More
RAPAPORT... Bonhams has hired Hans-Kristian Hoejsgaard, the former CEO of Baselworld owner MCH Group, as its chairman. He will replace Bruno Vinciguerra, who became global CEO of the auction house earlier this year.Hoejsgaard is the chairman of Swiss lingerie and textile company Calida Group, as well as non-executive director of MCH Group and Barclays Bank Switzerland, Bonhams said last week....Read More
(IDEX Online) - The world's largest vivid purple-pink diamond to be offered at auction could fetch $38m, says Sotheby's. The ultra-rare, IF-clarity, Type IIa 14.83-carat gem was mined and cut by Alrosa and is the largest pink rough diamond ever produced in Russia.It has been named after a celebrated Russian ballet, The Spirit of the Rose and will be offered at the Magnifi...Read More
RAPAPORT... Sotheby's will sell the largest vivid-purple-pink diamond ever to appear at auction, with expectations it could achieve up to $38 million at a November sale.The oval modified brilliant-cut, 14.83-carat, fancy-vivid-purple-pink, internally flawless, type IIa stone is set to go under the hammer at the Magnificent Jewels and Noble Jewels auction in Geneva on November 11, Sotheby's said Mo...Read More
Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were mixed this morning, Monday October 12, but sentiment has turned more bullish, especially in aluminium, since China returned from its Golden Week holiday.* Expectations for extra stimulus in the United States have kept equities buoyant.* China’s markets underpinned by steady recovery and by the fact it appears t...Read More
Consumer Discretionary SPDRs (XLY) moved above $153.81 to an all-time high extending an intermediate uptrend. Pre-opening Comments for Monday October 12thCanadian equity markets are closed today for the Thanksgiving holiday. Today is Columbus Day in the United States. Equity markets are open, but banks are closed. Volume on equity markets will be lower than average. U.S. equity index futures were...Read More
Chakana Copper (TSXV: PERU; US-OTC: CHKKF) has launched a fully-funded, 15,000-metre drill program at its Soledad copper-gold-silver project in Peru, with a target date of March 2021 to release its first resource estimate.Soledad is in the country's Ancash district, 35 km southwest of Barrick Gold's (TSX: ABX; NYSE: GOLD) Pierina gold mine and 260 km northwest of Lima. Gold Fields (NYSE: GFI) inve...Read More
Pantoro bullish on bigger production profileSPONSOREDpantoro limitedGenesis opens new chapter at UlyssesSPONSOREDgenesis mineralsRamelius now among WA gold frontrunnersSPONSOREDramelius resourcesAgile Mining - The Future is Smaller. Bigger is not always betterSPONSOREDproudfootAs the owner of a near-priceless royalty paid by BHP on a part of its Pilbara iron ore operations in the north of Western...Read More