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The giant headframes that are the remains of 1890's gold mining days will again light up the night sky around Victor and Cripple Creek again this holiday season. These unique mining structures are one-of-a-kind remnants of the gold rush era. This marks the 20th anniversary of the event.Read full newsRead More

Turkish long steel producer Ko?? Metalurji will resume production at its steel and rolling mills at reduced outputs at the beginning of the December, a company spokesperson told to Fastmarkets on Friday November 29.Ko?? Metalurji had stopped production at all its steelmaking operations on October 1 as a result of weak long steel and billet market conditions .Demand and prices for rebar export...Read More

The recent grant of approval from the Indian Supreme Court for ArcelorMittal's acquisition of Essar Steel brings an end to years of legal wrangles, giving the global steelmaker access to a much sought-after market, and allowing the Indian steel sector to take a further step toward health. ArcelorMittal has been keen for some time to break into the domestic Indian steel market because it is one of...Read More

Algerian Qatari Steel (AQS) started its own steel production last week, the company told Fastmarkets at the sidelines of the Arab Iron & Steel Union (AISU) annual summit in Tunisia on Wednesday November 27. The company used to import steel billet, but a source at the company told Fastmarkets: "We have stopped importing semis some time ago, continuing with re-rolling billet from stocks imported ear...Read More

(IDEX Online) - There was a great deal of stability in the price of round diamonds in November, especially in the smaller goods. For many categories, there were just isolated changes with no discernible pattern. There was more movement in the price of larger goods, with the most changes coming in goods sized 2 carats and above. There was more movement in the prices of fancy goods, both positi...Read More

Aben Resources Ltd. (TSX-V: ABN, OTCQB: ABNAF, Frankfurt: E2L2) is a Canadian gold exploration company, developing gold-focused projects in British Columbia and the Yukon Territory. We learned from Jim Pettit, President and CEO of Aben Resource, that they are focused on the high-grade North Boundary Zone, discovered in 2018 at the Forrest Kerr Gold Project, in the Golden Triangle region of British...Read More

Bob brought 321gold.com to the Internet almost 14 years ago. They later added 321energy.com to cover oil, natural gas, gasoline, coal, solar, wind and nuclear energy. Both sites feature articles, editorial opinions, pricing figures and updates on current events affecting both sectors. Previously, Moriarty was a Marine F-4B and O-1 pilot with more than 820 missions in Vietnam. He holds 14 internati...Read More

Two hedge fund icons - Bridgewater founder Ray Dalio and Paul Tudor Jones - joined Yahoo Finance for the 2nd annual Greenwich Investment Forum earlier this month. Speaking directly after Continue...Read More

Gold reversed yesterday, and so did the rest of the precious metal sector. Mining stocks and - what's important - silver Continue...Read More

Bob Moriarty of 321gold discusses the Indonesian government's actions in the nickel market and how they might affect a company with a project in Norway. As the world's largest producer of nickel, the actions of the Indonesian government not only affect those companies working in Indonesia but also half way around the world. In 2014 the country restricted the export of nickel concentrate in an eff...Read More

After three years of declining silver production, peak silver could really be upon us...by Adam Hamilton of Zeal LLCThe silver miners are finally enjoying higher prevailing silver prices, a great boon for this sector. Silver surged this past summer after gold's first new bull-market highs in several years rekindled enthusiasm for precious metals. The long-neglected silver stocks rallied strong...Read More

If you're new to silver, or if you're a veteran stacker, Matt discusses some things that all investors should consider...by Matt from Silver Fortune via Silver FortuneWhether you're new to silver, or a stacking veteran, this is worth listening to. Read More

RAPAPORT... Luk Fook's sales fell 20% in the first fiscal half amiduncertainty in the Hong Kong market and the rising price of gold. Total sales dropped to HKD 6.31 billion ($805.5 million) inthe six months ending September 30. Profit for the period slipped 26% to HKD497.3 million ($63.5 million). Same-store sales - at Luk Fook outlets open for more than ayear - in Hong Kong and Macau slid 2...Read More

RAPAPORT... Nearly a quarter of Gem Diamonds' shareholders voted againstreelecting CEO Clifford Elphick to the company's board, in an effort to force approval of share buybacks and dividends. The board directors opposed implementing those measures because of the current weakness in the diamond market and the need to maintain appropriate cash reserves, the miner noted.Although Elphick's r...Read More

RAPAPORT... US polished-diamondimports fell 24% to $1.48 billion in September, according to the latest datafrom the US Commerce Department. The decline reflected lower volumes and a dropin the average price. Polished imports fell 13% to $15.37 billion for the firstnine months of the year.US Trade Data for September 2019  Read More

RAPAPORT... Lucara Diamond Corp. is expecting sales to rise in 2020 amidan increase in production from the higher-grade portion of its Karowe mine inBotswana. Sales will reach $180 million to $210million next year, compared with $170 million to $180 million for 2019, it predicted last week. Lucara believes it will recover a higher proportion of roughdiamonds -including special-size stones ove...Read More