RAPAPORT... The World Federation of Diamond Bourses (WFDB) has named Yoram Dvash as acting president following Ernie Blom's decision to stand down temporarily.The WFDB's executive committee elected the Israel Diamond Exchange president in a Zoom meeting Sunday, it said in a statement. He had already been named president designate at a previous WFDB congress."The diamond industry, like all oth...Read More
(IDEX Online) - Bosses at Anglo American are donating 30 per cent of their earnings to coronavirus charities. Board directors and group management committee members have made a three-month pledged, which will total more than $1m. The company's Anglo American Foundation will match their donations dollar for dollar. Anglo American is one of the world's largest mining businesses and is pare...Read More
RAPAPORT... Michael Hill's sales fell 12% in the third fiscal quarter as stores closed due to the coronavirus pandemic.Group revenue dropped to AUD 105.1 million ($66.8 million) in the three months ending March 31, the jeweler reported last week. The company was forced to close all its retail locations in Canada on March 20, and shut stores in Australia and New Zealand a few days later. Same-...Read More
We know many people have been waiting for this interview and we are glad to be able to share it for your Sunday evening enjoyment!Sprott Money Ltd. CEO Rick Rule joined Brandon Colwell to share his wisdom on all things investing, economics, commodities and more!As investors, speculators and anyone interested in growing their knowledge and potentially the skill set when it comes to the investing wo...Read More
Oil Prices Collapse But Should You Invest - Marin Katusa April Commodities ReportWell the oil price has collapsed below zero. Who better to explain the current situation to use than legendary resources investor Marin Katusa. We discuss why the oil markets have collapsed, why there are different prices of oil, how the futures contracts, ETFs & stocks will be affected by the current oversupply & dro...Read More
SDRs were originally intended as a kind of "paper gold." Once the IMF starts the printing presses, investors will probably favor real gold as the proper antidote.Continue...Read More
Since Bob and I last spoke the stock market has been on a tear and precious metals mining shares have also had a large rally. In our latest conversation Bob and I discuss a wide range of topics Continue...Read More
The metals markets are being pulled in multiple directionssimultaneously like never before. The global virus-triggered economic freezehas caused industrial demand for all commodities to crater. At the same time, mining output is also crashing as virus fearsforce many mines around the world to suspend operations.What is the “right” equilibrium price for copper, silver, go...Read More
RAPAPORT... The World Federation of Diamond Bourses (WFDB) has named Yoram Dvash as acting president following Ernie Blom's decision to stand down temporarily.The WFDB's executive committee elected the Israel Diamond Exchange president in a Zoom meeting Sunday, it said in a statement. He had already been named president designate at a previous WFDB congress."The diamond industry, like all oth...Read More
Publisher's Note: Today we're bringing you an excerpt from The Dines Letter from April 6, 2020.Mr. James Dines has been an unparalleled source of research and analysis for decades and it's never been a better time to hear from "The Original Gold Bug."Call it like you see it,Nick HodgeThese are historic times, like a new war, with unknowable consequences, and many books will be written about it. T...Read More
The pendulum has swung so far in the direction of centralization, oligarchy and authoritarianism that the whole thing is breaking down down under its own weight. Those in charge are doing everythingContinue...Read More
Diamond bourses organisation, the World Federation of Diamond Bourses (WFDB), has elected Yoram Davash as president.His election took place at a meeting of the executive committee of the WFDB held via Zoom.AdvertisementHe had already been elected president designate at a previous congress of the organisation.Davash succeeds Ernie Blom as president.AdvertisementThe president of the organisation cha...Read More
The metals markets are being pulled in multiple directionssimultaneously like never before. The global virus-triggered economic freezehas caused industrial demand for all commodities to crater. At the same time, mining output is also crashing as virus fearsforce many mines around the world to suspend operations.What is the “right” equilibrium price for copper, silver, go...Read More
There's a once in a decade opportunity for investors in this bear market. But, will they have the courage to try it? Brett Aitken discusses this unique strategy on this edition of Publisher's Corner.Read more: https://stansberryresearch.com/articl...More advanced research service focused on opportunities in distressed corporate debt. Subscribe today! - https://stansberryresearch.com/articl..._____...Read More
Thank you for joining us in a weekly technical look at the mid-cap oriented INK Canadian Insider (CIN) Index. Last week, the INK Canadian Insider Index continued its winning ways, adding 8 points or 1% to close at 851.33. The Index is now up almost 40% from its March lows.MACD pulled back 11.26 points to close at 21.42. RSI rose 1.41 points to 52.12.Support moves up to 778 (20-day moving average)...Read More
(Kitco News) - SSR Mining Inc.'s (NASDAQ, TSX: SSRM) three operations combined to produce over 107,000 gold-equivalent ounces during the January-M...Read full newsRead More
On a global scale, work is grinding to a halt and mines are being placed on temporary care and maintenance.Read full newsRead More
Prices for flat steel in Turkey were mixed in the week to Friday April 17, with some prices moving higher and others lower, while demand improved slightly from last week, market participants said.Demand strengthened because stocks among buyers were low, Turkish sources said.Scrap prices continued to increase during the week on reduced availability. Fastmarkets' daily index for steel scrap, HMS 1&2...Read More
China's crude steel output edged up in the first quarter while finished steel production fell slightly, according to data released by National Bureau of Statistics (NBS) on Friday April 17.January-March output Crude steel: 234.45 million tonnes, up by 1.2% from a year earlier Hot metal: 199.74 million tonnes, up by 2.4% year on yearFinished steel: 267.42 million tonnes, down by 1.6%...Read More
Member mills of the China Iron & Steel Association (Cisa) raised their steel and hot-metal output rates in early April from the preceding 11 days, while the pace of decline for their finished steel inventories slowed down, according to data released on Friday April 17April 1-10 outputCrude steel: 1.95 million tonnes per day, up by 6.5%Finished steel: 1.82 million tpd, down by...Read More