(IDEX Online) - Alrosa generated $8.6 million in sales from an auction of special size rough diamonds (weighing over 10.8 carats) held in Ramat Gan, Israel. The Russian company sold 116 rough diamonds with a total weight of 1,800 carats at the auction, which saw 121 participants from Israel, Belgium, India, UAE, Russia, Hong Kong and the U.S.Evgeny Agureev, deputy CEO of Alrosa said the sale...Read More
(IDEX Online) - Pramod Kumar Agrawal, the current chair of the Gem & Jewellery Export Promotion Council (GJEPC), has become the first member of the Indian industry to be elected one of the three vice presidents of CIBJO, the World Jewellery Confederation. "Given the primary role that India plays in almost all sectors of the industry, it is absolutely necessary that the country be ap...Read More
Galena provides a leading lightSPONSOREDgalena miningBarely months into his role as head of Codelco, Octavio Araneda faces arguably the greatest challenge the company has confronted in a generation, and one which will see the company pull in the hornsRead More
Galena provides a leading lightSPONSOREDgalena miningAriana will focus on Venus' 9.5 million tonne copper-gold-zinc Magellan project, which consists of two deposits at Klirou and Kokkinoyia which could be developed for open pit mining.Read More
The demand outlook for the metals has improved now that two of China’s manufacturing purchasing managers’ indices (PMI) showed manufacturing was in expansion mode. The state PMI moved back above 50 for the first time in seven months in November. It climbed to 50.2, and was expected to come in at 49.5. The Caixin manufacturing PMI climbed to 51.8 from 51.7 and has now...Read More
Dear Rich Lifer,In many parts of the USA, dealing with winter weather is no joke!Whether you're in Ohio or Oregon, the snow, freezing cold, and weeks without seeing the sun can really drag you down.Social occasions also become fewer and farther between because no one wants to go outside in dreadful weather.Not only that, it's a major inconvenience to get around, and living costs, like food, car in...Read More
Dear Reader,I usually prefer focus on investments most people have never heard of. I do this with a strategy I like to call "backdoor" investing.A "backdoor" investment is a publicly traded company that capitalizes on a "big idea" or trend sweeping Silicon Valley. At any given moment, the venture world is filled with thousands of companies at work in almost every sector of business.For instance, w...Read More
Aspiring precious metals developer Velocity Minerals (TSXV: VLC) recently tabled engineering study results and the latest drill assays from its 70%-owned Rozino gold deposit in southeastern Bulgaria.Rozino, the most advanced of Velocity's four Bulgarian gold projects, is advancing to the prefeasibility study (PFS) level.A 2018 preliminary economic assessment (PEA) modelled an open-pit operation wi...Read More
In the latest megadeal sweeping the gold sector, Zijin Mining Group is buying Continental Gold (TSX: CNL; US-OTC: CGOOF) for $1.4 billion in cash.The Chinese gold miner is on an acquisition spree. In early November, it said it would buy copper-gold assets in Serbia from Freeport McMoRan (NYSE: FCX) for up to US$390 million, and it bought Nevsun Resources for US$1.86 billion just over a year ago.Th...Read More
SilverCrest Metals (TSX: SIL; NYSE-AM: SILV) has found a high-grade zone outside the resource area at its Las Chispas project in Sonora, Mexico, 220 km northeast of Hermosillo.The discovery hole - 19-118 - returned 9 metres grading 44.3 grams gold per tonne and 4,551.3 grams silver per tonne for 7,873 equivalent grams silver tonne, starting from 304 metres downhole.Another hole, 19-123, cut 6 met...Read More
Exore excels in Cote d'IvoireSPONSOREDexore resourcesArtemis all set thanks to unique approachSPONSOREDartemis resourcesDark Horse could be 2020 bolterSPONSOREDdark horse resourcesUS takes long-term position on mineral supplySPONSOREDverisk maplecroftThe unexpected switch from Chinese to European EV leadership is a result of declining government financial incentives for consumers to buy EVs in...Read More
Dec 03, 2019 Guest(s): Christopher Vecchio Senior Currency strategist, IG Group With President Donald Trump signaling that he is willing to push any resolution to the trade war negotiations with China to beyond the 2020 presidential elections, the U.S. economy could see a slowdown, particularly in certain sectors, this according to Christopher Vecchio, senior currency strategist of IG Group. "On...Read More
Do you really own your own home? Are your taxes constitutional? Do you have any privacy left? Can you trust the mainstream press and government statistics? John Whitehead, founder of the Rutherford Institute, constitutional attorney who for nearly 40 years has fought cases all the way to the Supreme Court, joins Finance & Liberty and Reluctant Peppers this first time for a scorching survey of unco...Read More
Sixty percent of small business owners approve of the way President Trump is running the country, the highest approval rating number since the survey beganContinue...Read More
Freeman Smith, VP of exploration at Riverside Resources, speaks to Maurice Jackson of Proven and Probable about his company's exploration plans for its newest project in Ontario.Maurice Jackson: Joining us for a conversation is Freeman Smith, the vice president of exploration for Riverside Resources Inc. (RRI:TSX.V; RVSDF:OTCQB). Glad to have you on the program to discuss the latest developments c...Read More
RAPAPORT... Zimbabwe's state-owned diamond miner is planning tendersoutside the country in an effort to attract more buyers, Bloomberg reportedThursday. The Zimbabwe Consolidated Diamond Company (ZCDC) intends tohold 11 international sales in 2020, the news agency cited the miner's actingCEO, Rob De Pretto, as saying. Its tenders are currently in Harare, thecountry's capital, but the location does...Read More
Galena provides a leading lightSPONSOREDgalena miningThe Marimaca resource now includes a measured and indicated resource of 70.4 million tonnes grading 0.60% copper and an inferred resource of 43Mt grading 0.Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 22 points in pre-opening trade. Index futures responded to comments by President Trump that a U.S./China trade deal may not be finalized until after 2020.Gold responded to Trump's comments by adding $9.50 to $1,478.70 per ounceBank of Montreal (BMO $100.71) is expected to open higher after reporting higher than consen...Read More
Dec 04, 2019 Guest(s): Kevin O'Leary A recent incident involving Canada and America's leaders has lead to some backlash against both sides, and it is clear that the American leadership does not take Canada's Prime Minister very seriously, said Kevin O'Leary, star of Shark Tank and chairman of O'Shares ETFs. President Donald Trump has called Prime Minister Justin Trudeau "two-faced" following a...Read More
Continue...Michael Pento is a specialist in Austrian economics and is the President of Pento Portfolio Strategies. Prior to starting Pento Portfolio Strategies he served as a senior economist and VP of the managed products division of another well known financial firm. Michael has also created ETFs and UITs that were sold throughout Wall Street. Earlier in his career, he worked on the floor of the...Read More