Technical trend after the release of US June nonfarm payrolls is the key. Tomorrow's US Holiday will not have any impact on trading volumes etc. No one is sleeping in the pandemic. Fomc minutes continued to accommodative monetary stance and uncertain economic outlook. Bond yields were also looked into. Impact on gold, silver and US dollar Index by FOMC Minutes: Jobs creation will be the key to...Read More

Polished trading slow despite improved retail sales in China. US jewelers limiting purchases, as they have enough inventory to meet 3Q demand. Trade sees potential for good holiday season since consumers are not spending on travel. Major retailers investing in technology to drive multichannel sales. Savvy independents nurturing ties with local communities to maintain market share. Rough market qui...Read More

RAPAPORT... Times are hard for luxury in general, and jewelry in particular. In a recent survey by McKinsey & Company, jewelry was one of the luxury products consumers were most willing to forgo post-Covid-19, considering the financial crisis the virus has left in its wake. The question is, how does discretionary spending fit into the "new normal," and what does the future hold for the average...Read More

(IDEX Online) - Declare your undying love with a diamond engagement ring based on a Pokemon character.The 0.3-carat solitaire (pictured) is set between a pair of gold ears belonging to Pikachu, a fictional yellow rodent that appears in video games, TV shows, movies, trading card games, comic books and much besides.The Pokemon empire is marketing this and two other engagement rings, in partnership...Read More

(IDEX Online) - Subsidiaries of the Indian diamond giant Dharmanandan have developed a low-cost ventilator to sav the lives of COVID-19 patients.The device, (pictured) which costs under $3,500, was launched yesterday.Dharmanandan, with a $1bn annual turnover, developed the Respiwin device in just five months through its Dharmanandan Research Centre (DRC) Techno and InnovSeed company.A team of...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesWhile the deal, announced on June 4, is worth up to A$125 million, Evolution received $60 million in cash up front - equal to Aeris' market capitalisation at yesterday's close.Read More

Pure Gold, Canada's Next Gold Mine, This YearSPONSOREDCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesThe past five years have been the worst for new copper discoveries in 30 years, with just one major deposit found. Less than 1...Read More

Markets participants are in an optimistic mood while they focus on economic data that is improving and hopes of a Covid-19 vaccine this morning, Thursday July 2, while apparently choosing not to focus on the havoc that the pandemic is causing.* US total vehicle sales climbed to an annualized 13.1 million units in June, after 8.7 million units in May; sales were around 17 million in 2019. * Spanish...Read More

U.S. equity index futures were higher this morning. S&P 500 futures were up 39 points in pre-opening trade.Equity index futures moved higher following economic news released at 8:30 AM EDT. Consensus for Weekly Initial Jobless Claims was 1,355,000 versus 1,480,000 million last week. Actual was1,427,000 million. Consensus for June Non-farm Payrolls was an increase to 3.000 million from 2.509 mi...Read More

Eastmain Resources (TSX: ER; US-OTC: EANRF) has resumed exploration across its three properties in Quebec's James Bay region. The company will focus on expanding the existing Eau Claire deposit at its flagship 20,068-sq.-km Clearwater property with 4,000 metres of drilling, with additional field-based work planned for the Radisson and Reservoir projects."Eastmain has one of the premier land positi...Read More

Colombia-focused Gran Colombia Gold (TSX: GCM; US-OTC: TPRFF) has invested $14 million in a private placement in its recent spinoff, Caldas Gold (TSXV: CGC), to fund the acquisition of a project in Ontario's Abitibi greenstone belt.In a deal announced in May, Caldas Gold is acquiring the Juby project, 100 km southeast of Timmins, from South American Resources (SARC). The private company has an agr...Read More

An international group of 142 scientists, community groups and NGOs from 24 countries has published a set of 16 guidelines for the safer storage of mine waste.The guidelines aim to protect communities, workers and the environment from the risks posed by thousands of mine waste storage facilities, which are failing more frequently and with more severe outcomes."Safety First: Guidelines for Responsi...Read More

Pure Gold, Canada's Next Gold Mine, This YearSPONSOREDCardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesIt is easy enough to be sceptical about the flight to ESG investing. Fund managers have clearly vested financial interests in p...Read More

RBPlat put the cost of the facility at ZAR10 million (US$0.6 million).It said it had worked with the North West provincial and Bojanala district health departments to convert its unused South Shaft Change House at the mothballed Maseve mine, to provide initial COVID-19 medical treatment to its employees and communities.The platinum group metals producer said the 2,940sq.m facility had five wards w...Read More

"...when the nasty economic fundamentals KICK IN during the second half of 2020 and into 2021, I believe we are going to see a severe..." by Steve St Angelo of SRSrocco ReportWith Mexico finally releasing its mine supply data for April, the top two silver producers saw their combined silver output decline by 53%. To give you an idea of the amount of lost silver mine supply from Mexico and Per...Read More

Executive Fireside ChatSean Boyd, Vice-Chairman and CEO, Agnico Eagle Mines LimitedMODERATOR: Anthony Vaccaro, Group Publisher, The Northern Miner GroupRead More

"What COVID has done for us is really focus us as a sector in so far as this pandemic can never be resolved, we can never find the answer to it and respond to it, without jointly working together toRead More

I'll be the first to admit when I'm wrong. (Sometimes the second, if you ask my wife...)But, I must say that I've been very wrong about Donald Trump and cannabis.When he ran for the presidency, I thought it would be a boon for marijuana stocks. I naively assumed that the Donald only cared about the green: money. I thought that he was politically agnostic when it came to making billions of dollars....Read More

One of the most telling patterns in Gold over the past 6+ months has been the “washout low” price rotation pattern after establishing a momentum price base.  It seems as though every time Gold completes one of the moderate-low price rotations, as we call it a “washout low rotation”, it sets up for a new momentum rally to a new momentum price base.We believe July and Au...Read More

Executive Fireside ChatSean Boyd, Vice-Chairman and CEO, Agnico Eagle Mines LimitedMODERATOR: Anthony Vaccaro, Group Publisher, The Northern Miner GroupRead More