RAPAPORT... Alrosa has implemented a digital-tender pilot enabling buyers to scan rough diamonds to evaluate their polished output using systems from SarineTechnologies. The program, which the Russian miner debuted at its October sale, uses Sarine's Galaxy inclusion mapping and DiaExpertplanning to study a rough stone's external shape, internal inclusions and anticipatedcolor and fluorescence...Read More
(IDEX Online) - Underscoring the importance of the Far East market, 21 companies will exhibit in the Israel Diamond Pavilion at the upcoming Hong Kong International Jewelry Manufacturers' show (HKJMA).The pavilion will be located in Hall 1 of the Hong Kong Convention & Exhibition Centre and will feature the Diamonds Show database of Israeli exhibitors available in English and Chinese.&nbs...Read More
(IDEX Online) - The 11.11 Global Shopping Festival kicked off at midnight in China and generated $1 billion in the first minute and eight seconds. By the first hour, that number had shot up to $12 billion, reports Alibaby Group Holding Limited. The 11.11 shopping festival began in 2009 with participation from 27 merchants as an event for merchants and consumers to raise awareness about the va...Read More
Aim-listed Vast Resources has appointed Paul Fletcher FD with immediate effect.He has been CFO of the company since February.AdvertisementFletcher, who has 25 years’ experience working in the commodity and financial services industries, succeeds former FD Roy Tucker.“I have great pleasure in welcoming Paul to the board. Paul has demonstrated expertise and commitment to Vast ever since...Read More
Polymetal building with good momentumSPONSOREDpolymetal internationalSayona's updated definitive feasibility study has increased Authier's potential as "a sustainable and profitable new mine", but as the optimised DFS was being finalised it became clear there areRead More
Poster South Africa mine regeneration on trackSPONSOREDorion mineralsThis will cover a planned 26% boost to initial processing capacity from 3 million tonnes per annum to 3.8Mtpa, plus additional mining fleets and a pre-production ore stockpile.Read More
Concerns that China-United States trade talks are not progressing as smoothly as hoped, with US President Donald Trump saying late last week that he had not agreed to roll back tariffs on imports from China, has dampened sentiment in the metals.That said, US equities went on to brush off the news with markets closing at record highs again on Friday November 8 and gold prices broke below suppo...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 12 points in pre-opening trade. Index futures responded partially to a drop by the Shanghai Composite Index by 54.21 points to 2,909.71due to trade uncertainties.L Brands dropped $0.50 to $17.30 after Deutsche Bank downgraded the stock to Hold from Buy. Target price was dropped to $20 from $31.Nvidia slipped to $206.6...Read More
Analysts at CPM have studied the precious metals and commodities markets - including investment trends in mining equities - since the 1970s. This long and intimate involvement gives us insight into the transformations that clearly now are wracking the buy side, the sell side and the mining industry.The CPM Group recently completed a study of over-the-counter (OTC) and exchange metals markets. As p...Read More
Young Mining Professionals (YMP) has announced its 2019 scholarship recipients. A total of $44,000 in scholarships will go to Canadian students pursuing careers in the mining industry. The awards are presented in partnership with Barrick Gold, Agnico Eagle Mines, The Northern Miner, Iamgold, Yamana Gold, Anaconda Mining and Orefinders Resources. YMP is an international association of mining profes...Read More
IronRidge derisks through diverse discoveries SPONSOREDironridge resources Nordic Mining prepares for lift-offSPONSOREDnordic miningAfrica's rising resource nationalism ups stakes for minersSPONSOREDverisk maplecroftPolymetal building with good momentumSPONSOREDpolymetal internationalUntil a few days ago, Barrick and its arch-rival, Newmont Goldcorp, were travelling so close together in terms...Read More
Peter Schiff on RT America Boom Bust discussing gold, interest rates, and US-China trade deal.Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. made his name as President and Chief Global Strategist of Euro Pacific Capital. He frequently delivers lectures at major economic and investment conferences, and is quoted often in th...Read More
Doug Casey, outspoken analyst on an expansive range of world and economic affairs, best-selling author of "Crisis Investing," "Strategic Investing," "Speculator," and "Drug Lord," and founder of InternationalMan and CaseyResearch, visits Finance and Liberty to care his thought-provoking views on:- 5G,- Argentina Financial Crisis and Opportunities,- Fed Bond Repos,- Governments as the Source of Maj...Read More
From a macroeconomic perspective, several of the longer-term problems that would be bullish for gold will likely manifest in 2020, including a recession and an escalation of the trade wars tensions with China, this according to Peter Hug, global trading director of Kitco Metals."From a physical perspective, if you're an investor from a medium to longer term perspective, you just stay with this mar...Read More
We are currently witnessing the death of Youtube right before our eyes. On December 10th 2019 YouTube will begin enforcing its newest terms, leaving content creators concerned about having their channels deleted due to the overly vague term "not commercially viable". YouTube will begin targeting channels that produce "borderline content" begging the obvious question... who should get to decide wha...Read More
Wall Street continues to be convinced that the economy is edging back up again after a stall following the tax cut boost and near 3% GDP figures in 2018.Continue...Read More
Global central banks have been pumping the liquidity spigots 24/7 and the US Fed is starting to go that way as well. This during a time of supposed economic splendor and fruitfulness (it is these contradictions that are the windows into a ginned up, leveraged economy dependent on monetary policy) while the S&P 500 breaks through the bull turnstile to blue sky. A real economy and real stock mar...Read More
…the financial systemexperienced some serious liquidity shortages in August 2007, and the Fedinjected funds to help keep financial markets operating effectively so thatthey would continue to support ongoing economic activityFederalReserve Bank of San Francisco, August 2007In August 2007, a credit crunchswept global markets forcing central banks to provide billions in emergencyliquidity to e...Read More
RAPAPORT... The parent company of Bailey Banks & Biddle, whichclaims to be the US's oldest nationwide jeweler, has filed for Chapter 11bankruptcy in Texas, according to a court document. Houston-based BBB Group estimated both assets andliabilities of up to $50,000 in the November 6 voluntary petition. Joseph Trowbridge Bailey and Andrew Kitchen founded thecompany in 1832 as Bailey & Kitch...Read More
KIMBERLEY, South Africa (Reuters) – The first South African project to bring illegal miners into the formal fold has been plagued by violence in diamond capital Kimberley, dealing a major blow to national efforts to stem a booming illicit trade.The project was launched 18 months ago in Kimberley, the site of a nineteenth-century diamond rush that lured fortune-seekers from the world over. Mi...Read More