The program targeted a historical mine at the explorer's Nevada project. Newrange Gold Corp. (NRG:TSX.V; NRGOF:OTC) announced in a news release that the last of the underground channel sampling at the Good Hope mine at its Pamlico project in Nevada confirms further mineralization continuity.Results showed that oxide gold mineralization extended from outcrops at the opening of the mine's 5609 leve...Read More
The work the company has conducted to date at the project and the implications are discussed in a Scarsdale Equities report. Lion One TuvatuIn a Jan. 3 research note, Scarsdale Equities analyst Mike Niehuser reported that "evidence continues to mount for an alkaline gold system" at Lion One Metals Ltd.'s (LIO:TSX.V; LOMLF:OTCQX) Tuvatu project in Fiji. Accordingly, Scarsdale increased its target...Read More
Another wild week for oil traders with missiles flying and huge overnight price swings in crude. As we recently pointed out within our current Oil research article, Oil and the Energy sector may be setting up for another great trade. We recently commented on how the supply/demand situation for oil has changed over the past 20+ years. With US oil production near highs and a shift taking...Read More
By: Gary SavageWe are still in an intermediate trend higher in gold. These corrections typically last 4 to 9 days in an intermediate trend cycle..https://blog.smartmoneytrackerpremium.com/Read More
The U.S. manufacturing sector contracted for the fifth straight month in December, with the monthly reading from the Institute for Supply Management (ISM) hitting its weakest point in more than 10 years. The purchasing manager's index (PMI) fell to 47.2, a level we haven't seen since June 2009, as global trade tensions continued to take a toll on the country's manufacturers. The news comes as tw...Read More
- Ira EpsteinAlgos do not always win - important to know this. Gold price gap in the chart is now filled, fails after failed Iran/Iraq/US fears subsides -- China, Brexit, Impeachment and much more coming up:Read More
Gold and silver may have formed a short term top yesterday. If tomorrow's US December nonfarm payrolls matches ADP jobs, then gold and silver can see further sell off. Signing of the US-China trade deal and the details released thereof will be closely watched next week. Iran situation will be fragile over the coming weeks and months. There will be phases of escalation of geopolitical situation i...Read More
Diamond trading seasonally quiet, but diamantaires in positive mood as they return from New Year break. Dealers waiting for memo sale results to assess holiday season. Concern that US economic growth will slow in 2020 election year. Optimism for mainland China during Jan. 25 lunar festival. Hong Kong retail sluggish. Manufacturers cautious about raising factory production, despite expected 1Q inve...Read More
Jewelry wholesalers cautious due to high gold price and volatile rupee-dollar exchange rate. Diamond trading centered on filling last-minute orders for Chinese New Year. Good demand for 0.30 to 0.60, D-G, I1+ stones. Diamantaires expect upturn in coming weeks as US dealers return for post-holiday trading. Manufacturers maintaining stable polished production below capacity. RoundRead More
RAPAPORT PRESS RELEASE, January 9, 2020, Las Vegas... Jewelry Connoisseur by Rapaport is launching a weekly newsletter to help you keep up to date with all the latest news and trends in the diamond and jewelry sector. Whether you are a diamantaire, retailer, designer or jewelry enthusiast, you'll find something that appeals to your interests among the broad range of subjects the Jewelry Connoisseu...Read More
RAPAPORT... Lucapa Diamond Company has recovered a 117-carat, gem-quality diamond from its Lulo alluvial mine in Angola.The stone is the miner's 14th over 100 carats from Lulo to date, and its first in that size category this year, it said Thursday. Lucapa found the stone in mining block 19, located between its high-value mining block 6 and mining block 8 portions of the deposit. That area wa...Read More
RAPAPORT... The Canadian Jewellers Association (CJA) has appointed diamond-crime expert Kelly Ross managing director of loss prevention.Ross spent 23 years as an officer with the Royal Canadian Mounted Police (RCMP), specializing in crimes involving diamonds, gemstones and precious metals, the CJA said Monday. He was also the lead Canadian delegate to the Financial Action Task Force (FATF) ty...Read More
(IDEX Online) - A 117-carat diamond has been recovered Lulo alluvial mine in Angola. This is the 14th 100+ carat stone found at the mine.The diamond was among the specials (+10.8 carat diamonds) recovered from Mining Block 19. This area is located between the prolific Mining Blocks 6 and 8, which have produced 12 of the +100 carat diamonds found at the mine, including the country's biggest re...Read More
RAPAPORT... Belgium has introduced legislation requiring managers of diamond companies to prove their good conduct and knowledge of money-laundering laws.The rules, passed in November by royal decree, are intended to control access to the sector and came after the Financial Action Task Force (FATF) called for improvements.Firms wishing to trade diamonds or continue as an accredited diamond bu...Read More
RAPAPORT... Robbins Brothers has appointed Marc Friedant CEO, to succeed Andy Heyneman, who is stepping down after 14 years with the jeweler.The company has promoted Friedant from president and chief financial officer, positions he has held since July 2018, it said Tuesday. Previously, Friedant served as chief financial officer for Qualawash Holdings, Vogue International and Clement Pappas. He was...Read More
(IDEX Online) - The Women's Jewelry Association (WJA) has launched its "March is Me Month," encouraging women to buy jewelry for themselves. The campaign, which kicks off on March 1, coincides with this year's International Women's Day on March 8.As part of the campaign, WJA has developed a logo and several taglines, including a brand guide with appropriate colors for the campaign,...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 11 points in pre-opening trade.Index futures were virtually unchanged following release of Weekly Initial Jobless Claims at 8:30 AM EST. Consensus was unchanged from the previous week at 223,000. Actual was 214,000.Kohl's dropped $2.88 to $46.50 after the company lowered fourth quarter sales and earnings guidance.Bed B...Read More
Dear Reader,"Journalism is about covering important stories," said one scalawag. "With a pillow."A staggering bailout of the banking system presently proceeds apace.The mainstream financial press has seized a bed pillow, placed it over this important story... and pressed down murderously.Today we pry away the pillow... and vent in desperately needed oxygen.Here we refer to the Federal Reserve's on...Read More
Revival takes staged approach to Beartrack-ArnettSPONSOREDSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesArtemis all set thanks to unique approachSPONSOREDartemis resourcesIn his book The Pressure Principle, Alred provides tips everyday folk can use to improve performance - both personally and in a...Read More
Production of 8,017 oz. gold in the fourth quarter from its Sugar zone mine has allowed Harte Gold (TSX: HRT; US-OTC: HRTFF) to exceed its previously revised production guidance of 24,000 oz. to 26,000 oz. for 2019. This represents an increase over the 6,069 oz. produced in the third quarter for a total of 27,316 oz. gold delivered in 2019."The quarter has been transformational on various fronts f...Read More