Small cap Royal Helium holds the second largest helium land position in North America. The price of helium has gone sky high over the last few years, and Royal Helium Ltd. (RHC:TSX.V), a small-cap helium pure play, is positioned to take advantage.In a July 29 report on helium, Cormark Securities analyst Michael Mueller noted that "rapidly increasing demand for helium from a variety of high-growth...Read More
Judson Culter, CEO of Rover Metals, speaks with Maurice Jackson of Proven and Probable about his company's exploration plans for its Northwest Territories project. Stock photoMaurice Jackson: Joining us for our conversation is Judson Culter, the CEO of Rover Metals Corp. (ROVR:TSX.V; ROVMF:OTCQB). We last spoke in August, and since then, Rover Metals has commenced drilling on the high-grade Cabin...Read More
Peter Epstein of Epstein Research takes a look at Nicola Mining, which has a new gold property, as well as a modern, permitted mill and tailings facility. Nicola Mining Inc. (NIM:TSX.V) has methodically built a diversified mining enterprise in southern British Columbia (BC), Canada. Today, it announced an exciting addition. Management signed a letter of intent (LOI) with High Range Exploration t...Read More
Troilus Gold Corp. reported it has launched a new 20,000 meter drill program at its Troilus project located in the Frot?t-Evans Greenstone Belt in Quebec, Canada after it released a positive Preliminary Economic Assessment. In a news release, Troilus Gold Corp. (TLG:TSX; CHXMF:OTCQB) announced that it has "initiated a new 20,000 meter drill program at its 100%-owned Troilus property located near...Read More
Test work on a bulk sample from Defense Metals' Wicheeda project produced a concentrate grading 51.6% total rare earth oxide. In a news release, Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE) announced that the recent flotation pilot plant processing of a bulk sample from its Wicheeda rare earth elements (REE) property in British Columbia achieved its primary goals, as indicated in the f...Read More
The largest western banks not only rig the precious metals market...Bob Kudla with Sean on SGTreportBob Kudla joins me to discuss JP Morgan's billion dollar fine and the fact that the largest western banks not only rig the precious metals market, the finance drug cartels, terrorists and mobsters - on the record!Read More
Polished prices firm amid shortages and improving holiday orders. Trading restrained due to continued rise in Covid-19 cases. Jewelers preparing 4Q marketing with emphasis on e-commerce strategies to drive growth. Retailers pushing dealers for memo. More manufacturers insisting on cash deals. Steady rough buying during sight week as Surat cutters try to increase production and fill polished supply...Read More
RAPAPORT... Tiffany & Co. plans to achieve 100% traceability of diamonds and precious metals in the coming years as part of a sustainability pledge it released this week.The retailer aims to track all diamonds weighing 0.18 carats or more to the mine of origin or its suppliers' approved mines by 2025, it said Tuesday. It also plans to trace all gold, silver and platinum to the mine or rec...Read More
RAPAPORT... Both male and female US consumers are more likely to purchase and receive diamond jewelry over the next six months than they did during prior coronavirus waves, according to a De Beers survey.Women are also wearing more diamond jewelry than over the last few months, particularly engagement rings and necklaces, the survey found.Two-thirds of Americans said they were more inclined to giv...Read More
RAPAPORT... The International Standards Organization (ISO) has approved its first grading guidelines for polished diamonds in an effort to achieve consistency among laboratories.The new ISO 24106 specifies the terminology, classification and methods that labs should use when grading and describing loose stones, the World Jewellery Confederation (CIBJO) said Wednesday. Implementing the instruc...Read More
Las Vegas, September 24, 2020As the diamond industry begins its recovery from the initial impact of Covid-19, its once-lagging progress toward digital is being vastly accelerated. While this will not be a rapid transition for a trade that has traditionally thrived on face-to-face networking and handshakes, a growing number of companies are putting increased resources into focusing on their online...Read More
RAPAPORT... Jewelers of America (JA) and National Jeweler have launched a diversity survey to help comprehend the position of Black Americans in the fine-jewelry industry.The study, which will address hiring practices, inclusion policies and how racial discrimination is handled, is an effort to understand what opportunities are available for Black Americans, and their experience in the diamond and...Read More
(IDEX Online) - Namibia's state-owned diamond dealer reported a 41 per cent slump in profits, down to $6.4m.Namib Desert Diamonds (Namdia) blamed the global pandemic, even though its financial year ended on 29 February. It also cited lower profit margin, foreign exchange losses, increased operating expenses and competition from lab-grown diamonds.Namdia buys diamonds from a partner...Read More
(IDEX Online) - De Beers is cutting the price of stones under a carat at its current Sight, say sources.The company started discounting larger rough last month at its August Sight, which brought in $320m, by far the highest figure since the pandemic struck.De Beers, the world's largest diamond producer by value, is reportedly now discounting smaller stones as well - under one carat - accordin...Read More
Base metals prices on the London Metal Exchange were down across the board this morning, Thursday September 24, while risk-off gathered pace on concerns that the Covid-19 pandemic is spreading aggressively again.US central bankers also warned on Wednesday that the US economy remained in a “deep hole” of joblessness and weak demand.* Base metals prices on the LME are all dropping from hig...Read More
S&P Bank SPDRs (KBE) moved below $27.93 setting an intermediate downtrend.S&P Regional Banks SPDRs (KRE) moved below $33.67 setting an intermediate downtrend.China Large Cap iShares (FXI) moved below $41.09 completing a double top pattern.Cameco (CCJ), a TSX 60 stock moved below US$10.05 and Cdn$13.49 setting an intermediate downtrend.Canadian Natural Resources (CNQ), a TSX 60 stock moved...Read More
QUESTION: What did Martin mean by gold having a 21 year high. I simply can’t see how it is possible for it not to go up from here as sovereign debt collapses and printing presses are on turboI’ll be getting the gold report when it’s out but…. I’m about to get my hands on a few million pounds and I just want it to vanish into the ether so they don’t tax it, gold...Read More
At Tesla's live-streamed Battery Technology Day this week, chief executive Elon Musk outlined the company's plans to build a US$25,000 electric vehicle (EV) with a cheaper, more powerful battery that doesn't contain cobalt, and the construction of a new cathode plant.The new battery technology, which the company plans to manufacture in-house, will lower the cost of its EVs and extend their range b...Read More
Integra Resources (TSXV: ITR; NYSE-AM: ITRG) has released assay results for five holes drilled as part of this year's exploration program at the Florida Mountain deposit within the DeLamar project in southwest Idaho, with several long mineralized intercepts. The latest results "continue to underscore the potential that exists in near-deposit targets at Florida Mountain," the company said in a stat...Read More
BHP (NYSE: BHP; LSE: BHP) has signed an option agreement with Encounter Resources (ASX: ENR) over the Australian explorer's 4,500-sq.-km Elliott copper project, in the Northern Territory.The pact would give BHP the choice to enter an earn-in and joint venture deal to earn up to a 75% stake in the project, following a validation program to be completed by year-end.The Melbourne-based mining giant w...Read More