(IDEX Online) - The Jewelers for Children charity will celebrate its achievements - raising almost $57m to support kids - with a day of promotions and fundraising.Its third annual JFC Day will be held on Saturday, 26 September, with charity partners rallying their local supporters to visit jewelers and say thank you. "The pandemic has presented a host of issues not only for...Read More
(IDEX Online) - The IDEX Polished Diamond Price Index showed long-awaited signs of post-Covid recovery with a slow but steady rise throughout August. It closed the month up 0.6 per cent, the biggest increase since the "false dawn" in April, when it rose 0.7 per cent. During August the Index increased marginally most days, with only occasional exceptions. In the previous month, July, the...Read More
Markets were mixed this morning, Thursday September 3, with the base metals prices on the London Metal Exchange generally firmer, albeit in fairly light volumes.Markets are still underpinned by the prospect of more stimulus from the United States, once Congress can agree on a figure, but some of the metals are starting to look a bit tired* China’s Caixin services purchasing managers’ ind...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 17 points in pre-opening trade.Index futures were virtually unchanged following release of economic news at 8:30 AM. Consensus for second estimate of second quarter Non-farm Productivity was an increase to 7.5% from 7.3%. Actual was an increase to 10..1%. Consensus for the July U.S. Trade Deficit was $58.0 billion ver...Read More
The Global Mining Symposium wrapped up its final day with an interview with B2Gold (TSX: BTO; NYSE-AM: BTG) president and chief executive Clive Johnson, who sat down with MINING.com senior editor Cecilia Jamasmie.Johnson's career includes leading B2Gold since its inception in late 2006 and, before that, Bema Gold, and has taken him from Russia to Africa and throughout the Americas. Drawing on hi...Read More
Executive chairman and founder of Yamana Gold (TSX: YRI; NYSE: AUY), Peter Marrone, spoke on the second day of the Global Mining Symposium about the company's assets, its strategy, and his views on the price of gold. Marrone started his career practicing law in Toronto, focusing on corporate, securities, and international law and then became the head of investment banking at a major Canadian in...Read More
Mining executive John Antwi, president and director of privately held Elim Mining, spoke about the copper market on the third day of The Northern Miner's Global Mining Symposium.Antwi and his team at Elim Mining are advancing the company's flagship Cactus copper project in Arizona and plan to make a construction decision in 2022.The project, which hosts the past-producing Cactus mine, was brought...Read More
The nights are drawing in, and the Autumn equinox is upon us in the Northern Hemisphere, with an equal duration of light and dark on Sept. 22. On the positive side, there is an R in the month, so we can eat oysters in the United Kingdom. This advice dates to at least 1599, when it appeared in Henry Buttes's cookbook, Dyets Dry Dinner, although some historians trace it to an ancient Latin saying.Th...Read More
The European Union has added lithium, used in batteries that power electric vehicles (EVs), to a list of critical materials as part of a strategy to reduce its reliance on imports.The group of 27 nations will need about 60 times more lithium and 15 times more cobalt for EV batteries and energy storage by 2050, analysts estimate. The EU's demand for rare earths, used in high-tech devices and milita...Read More
International Tower Hill Mines (TSX: ITH; NYSE-AM: THM) plans to raise US$10.3 million in support of a prefeasibility study on its Livengood gold deposit, 110 km north of Fairbanks, Alaska.In July, the Vancouver-based company announced it had finalized the key contracts to complete a prefeasibility study on the large, low-grade Livengood project, with an expected release date of October 2021.The t...Read More
The Global Mining Symposium continued apace on the second day of the three-day event with Alisha Hiyate, editor at The Canadian Mining Journal, interviewing Ronald-Peter Stoeferle, managing partner and fund manager at Incrementum AG.Stoeferle has co-authored two books: Austrian School for Investors, published in 2016, and the In Gold We Trust report, an annual report he started in 2007 that has be...Read More
88 Energy (ASX:88E) Prepares for Billion Barrel Farm OutSPONSORED88 energyAVZ closes on financing for tier-one lithium projectSPONSOREDavz mineralsLithium no quiet place for AVZSPONSOREDavz mineralsElement 25's Butcherbird on songSPONSOREDelement 25Matterhorn Asset Management managing partner Egon von Greyerz predicted the collapse of the global financial system under an unbearably heavy load...Read More
Sep 04, 2020 Guest(s): Michael Danov President & CIO, SBP Management Equities markets fell on Friday, led by a tumble in technology stocks, but one fund manager maintains his bullish stance. Michael Danov, president and CIO SBP Management, said that while macroeconomic conditions are favorable for broad equities indices, momentum traders have pushed tech stocks beyond reasonable levels of valuat...Read More
Canada Nickel Company Inc. (TSX-V:CNC) is a new mineral resource company focused on their 100% owned flagship, Crawford Nickel-Cobalt Sulphide Project, in the heart of the prolific Timmins-Cochrane mining camp. We learned from Mark Selby, Chairman, CEO and Director of Canada Nickel Company, they are going to advance it, aggressively, through to a PEA/scoping study, by the end of this year, and the...Read More
Executive chairman and founder of Yamana Gold (TSX: YRI; NYSE: AUY), Peter Marrone, spoke on the second day of the Global Mining Symposium about the company's assets, its strategy, and his views on the price of gold. Marrone started his career practicing law in Toronto, focusing on corporate, security and international law and then became the head of investment banking at a major Canadian bank...Read More
Sep 05, 2020 Guest(s): Donald Sadoway John F. Elliott Professor of Materials Chemistry, MIT In order to transition towards a fully renewable energy-based economy, the problem of intermittency in non-fossil fuel electricity generation first needs to be solved, said Donald Sadoway, professor of materials chemistry at MIT. "I wanted something that was versatile and could go wherever you needed to h...Read More
RAPAPORT... Jewelry was one of the top-selling categories at Macy's during the second fiscal quarter, even as overall sales declined at the department-store chain.Group revenue dropped 36% to $3.56 billion in the three months ending August 1, while comparable-store sales - at owned and licensed shops open for at least a year - fell 35%, the retailer reported Wednesday. However, sales rose at its "...Read More
"Dad, someone just FLEW a car into the yard!"Those were the words my son used to wake me up Monday morning. I quickly tossed on a t-shirt and ran outside to make sure nobody was injured. What happened next was something out of a bad action movie.Of course, with my son being eight years old, I didn't take the word "fly" as literally as I should have. I assumed that someone had jumped the curb and p...Read More
RESEARCH HIGHLIGHTS:Platinum may be setting up in a technical pattern that is similar to the end of 2001/early 2002.Platinum could rally more than 300%, somewhere near $3,450 or higher.This might push Gold above $7,500 an ounce and may push silver somewhere north of $125 per ounce.Rally hinges on platinum breaking out above $1,050.50.Platinum may be setting up in a technical pattern that is simila...Read More
Peter Krauth looks at the factors behind the movements in the gold and silver markets. Gold's retreated from a record high above $2,000, and silver's off its own seven-year highs near $30.Is that cause for concern? I doubt it.These have been dramatic surges to new levels, brought on by a combination of low interest rates, historic money-printing raising the specter of inflation, a softer U.S. doll...Read More