Recent News

Cycles: What Goes Up Comes Down

February 26, 2020 / news.goldseek.com

Gary Christenson, The Deviant InvestorFrom Charles Nenner: "It's Time to Sell." (January 28, 2020)"Market will go down 40%""We are totally out of stocks.""These bull markets don't stop on a dime.""Small investors are upset if they miss another two or three percent to the upside, while the big investor is afraid they can lose 40% to the downside."Breaking News: The DOW fell 2,500 since February 1...Read More

Crash Update and a Look at Gold -- video update

February 26, 2020 / news.goldseek.com

By: Gary SavageWe don't have the signs of an ultimate bubble top. What kind of behavior would show this? A mini bubble? Gold is anticipating inflation in the years ahead. Gold mining stocks $GDX technical update / baby bull high:http://blog.smartmoneytrackerpremium.com/Read More

Rio Tinto Diamond Revenue Falls in 2019

February 26, 2020 / www.diamonds.net

RAPAPORT... Revenue from Rio Tinto's diamond division slid 11% to $619 million in 2019 as prices for rough diamonds weakened, the miner reported Wednesday. The diamond unit recorded a net loss of $21 million, compared with a profit of $118 million a year ago. Earnings before interest, tax, depreciation and amortization (EBITDA) plunged 50% to $151 million.Diamond production fell 8% to 17 mill...Read More

De Beers Lets Sightholders Defer Chinese Goods

February 26, 2020 / www.diamonds.net

RAPAPORT... De Beers has allowed clients to forgo buying certain rough diamonds at this week's sight, as the coronavirus outbreak has raised concerns about a polished glut.The miner has let sightholders defer purchases of goods that produce the types of polished popular in the Chinese retail market, a source at the sight told Rapaport News Wednesday. The concessions apply to 1- to 2-carat rou...Read More

Firestone Faces Fallout from Power Disruption

February 26, 2020 / www.diamonds.net

RAPAPORT... Production at Firestone Diamonds faltered in the second fiscal quarter, as the miner faced a near monthlong power disruption it estimates will cost it $4.6 million.Output from the company's Liqhobong mine in Lesotho fell 39% to 138,000 carats in the three months ending December 31, due to the outage, during which Firestone was unable to operate its processing plant, it said Tuesday. Fo...Read More

India's Diamond Shipments Decline

February 26, 2020 / www.diamonds.net

RAPAPORT... India's polished-diamond exports dropped 6% to $1.65 billion in January, reflecting a lower average price, even as volumes rose. Rough imports also fell, according to data from the country's Gem & Jewellery Export Promotion Council. India Trade Data for January 2020Read More

Russia to push for lifting limits on CAR diamond exports

February 26, 2020 / www.miningweekly.com

MOSCOW – Russia, as this year's chair of an international body tackling the trade in conflict diamonds, will work to lift restrictions on the export of diamonds from the Central African Republic (CAR), deputy finance minister Alexei Moiseev said on Tuesday.A total ban on diamond exports from CAR was imposed in 2013 but partially lifted in 2016, allowing CAR to resume sales of diamonds fr...Read More

Power Outage at Liqhobong Mine Costs Firestone $4.6 million

February 26, 2020 / www.idexonline.com

(IDEX Online) - A power outage halted ore treatment at Firestone's Liqhobong, mine in Lesotho, for almost a month and cost $4.6 million, the company said today. The disruption increased costs in Q2 - $14.90 per tonne treated compared with $10.32 in Q1, according to the quarterly operations update. The number of tonnes treated was reduced to 668,120 (Q1: 963,986 tonnes) and diamond recove...Read More

Warning over Laser Treatment to Lab-Grown Diamond

February 26, 2020 / www.idexonline.com

  (IDEX Online) - Experts were surprised to find a lab-grown diamond that had been laser-treated to enhance clarity. It is believed to be the first reported case of an LGD having undergone a treatment associated only with mined stones. Researchers at the Gemological Science International laboratory in Mumbai, India, found the 4.5-ct stone had been drilled to clean out a black inclusion. "Diam...Read More

Metals on back footing as equity indices undergo reality check

February 26, 2020 / www.metalbulletinresearch.com

Base metals prices were for the most part weaker this morning, Wednesday February 26, weighed down by further weakness from global equity markets that have in recent days been shaken from their complacency.The latest retreat in equities was partly fueled by the US Centers for Disease Control and Prevention warning Americans to prepare for the spread of the novel coronavirus (2019-nCoV) in the Unit...Read More

Tech Talk for Wednesday February 26th 2020

February 26, 2020 / www.timingthemarket.ca

U.S. equity index futures were higher this morning. S&P 500 futures were up 13 points in pre-opening trade. Salesforce.com dropped $3.01 to $178.26 after reporting lower than consensus fourth quarter earnings. Canadian Imperial Bank of Commerce (CM $106.02) is expected to open higher after reporting higher than consensus fiscal first quarter earnings. The Bank also raised its dividend.Wendy's...Read More

Update from Brixton Metals

February 26, 2020 / brixtonmetals.com

* Brixton Metals Starts Drilling at Langis ** Live Webinar Project Update Thursday Feb. 27th ** Brixton Publishes Hog Heaven Mine Video * February 26, 2020 - Brixton Metals Corporation (TSXV: BBB) (OTCQB: BBBXF) (the "Company" or "Brixton") is pleased to announce that it has commenced a 1,000m drill program at its wholly-owned Langis Mine property in the Cobalt Camp, Ontario, Canada. Addition...Read More

Galway grows Clarence Stream in New Brunswick

February 26, 2020 / www.northernminer.com

Galway Metals (TSXV: GWM) has released drill results from its 605-sq.-km Clarence Stream gold project in New Brunswick, which narrows the gap between the Richard and Jubilee zones down to 350 metres.Drill highlights include 47 metres of 10.6 grams gold per tonne and 32 metres of 1.2 grams gold from hole 87, which was drilled between two previously completed step-out holes. Hole 93, which extended...Read More

Exchange rates continue ?EUR?to impact mining salaries

February 26, 2020 / www.northernminer.com

Employment in the mining industry is highly specialized and as a result, retaining skilled staff is challenging. These employees are often the most valuable asset at a mine and can run anywhere from 25% to 50% of the daily operating costs.One of the top reasons that employees leave for greener pastures is how much they are paid. Individuals such as geologists, engineers and top-line supervisors ar...Read More

Cobalt dying, nickel next

February 26, 2020 / www.mining-journal.com

Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesCase study: platform financeSPONSOREDminexiaAs usual, my timing was off and perhaps I was a bit quick off the mark last week in declaring we may have dodged a Corona-soaked bullet.Read More

?M?(C)xico est?? preparado para el coronavirus? / Mi?(C)rcoles Millennial

February 26, 2020 / www.youtube.com

Estudiantes de universidades p??blicas y privadas debaten sobre diversos temas de inter?(C)s nacional y mundial.26 de febrero 2020COMENTA ESTE VIDEO Y COMPARTELO CON TUS AMIGOSPara m??s informaci??n entra: http://www.youtube.com/excelsiortvNo olvides dejarnos tus comentarios y visitarnos enFacebook: https://www.facebook.com/ExcelsiorMexTwitter: https://twitter.com/Excelsior_MexSitio: http://www.ex...Read More

Francisco Abundis habla de los resultados de la encuesta sobre temas migratorios

February 26, 2020 / www.youtube.com

Francisco Abundis, Director de la Consultor?-a Parametr?-a, habla en entrevista sobre los resultados de la encuesta sobre temas migratorios.26 de febrero 2020COMENTA ESTE VIDEO Y COMPARTELO CON TUS AMIGOSPara m??s informaci??n entra: http://www.youtube.com/excelsiortvNo olvides dejarnos tus comentarios y visitarnos enFacebook: https://www.facebook.com/ExcelsiorMexTwitter: https://twitter.com/Excel...Read More

Viralizan videos de asesinatos de Ted Bundy

February 26, 2020 / www.youtube.com

En una red social, se est??n difundiendo diversosvideos que replican los asesinatos de Ted Bundy, tendencia que ha causado pol?(C)mica.26 de febrero 2020COMENTA ESTE VIDEO Y COMPARTELO CON TUS AMIGOSPara m??s informaci??n entra: http://www.youtube.com/excelsiortvNo olvides dejarnos tus comentarios y visitarnos enFacebook: https://www.facebook.com/ExcelsiorMexTwitter: https://twitter.com/Excelsior_...Read More

CNDH present?? candidatos para evaluar a aspirantes al INE

February 26, 2020 / www.youtube.com

La CNDH present?? a sus propuestas para integrar el comit?(C) que evaluar?? a los aspirantes a consejeros del INE.26 de febrero 2020COMENTA ESTE VIDEO Y COMPARTELO CON TUS AMIGOSPara m??s informaci??n entra: http://www.youtube.com/excelsiortvNo olvides dejarnos tus comentarios y visitarnos enFacebook: https://www.facebook.com/ExcelsiorMexTwitter: https://twitter.com/Excelsior_MexSitio: http://www....Read More

L??pez Obrador reiter?? su rechazo a la pena de muerte

February 26, 2020 / www.youtube.com

L??pez Obrador reiter?? su rechazo a la pena de muerte, esto al ser cuestionado por la inicitiativa de Morena y el Partido Verde para reactivar la iniciativa.26 de febrero 2020COMENTA ESTE VIDEO Y COMPARTELO CON TUS AMIGOSPara m??s informaci??n entra: http://www.youtube.com/excelsiortvNo olvides dejarnos tus comentarios y visitarnos enFacebook: https://www.facebook.com/ExcelsiorMexTwitter: https:/...Read More

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