Recent News

JA to Explore Future of Jewelry Retail Marketplace at National Convention

November 21, 2019 / www.idexonline.com

(IDEX Online) - Jewelers of America (JA) has announced that its second annual National Convention will focus on the future of the jewelry retail marketplace.The two-day Convention will feature keynote speakers, seminars from experts both inside and outside the industry, Diamond Detection and Retail Innovation Labs that will bring together leading companies and technologies that can help retailers...Read More

Namdeb seeks tax breaks to extend operations

November 21, 2019 / www.miningweekly.com

WINDHOEK – Namdeb, a joint venture between the Namibian government and Anglo American's diamond unit De Beers Group, said on Thursday it was in talks with the government about tax breaks to extend its land-based operations beyond 2023.Diamond mining is the largest taxpayer in Namibia and generates 20% of the Southern African country's export earnings.AdvertisementDiamonds have been m...Read More

LME base metals prices mixed, risk sentiment weaker in line with increased trade tension

November 21, 2019 / www.metalbulletinresearch.com

Discouraging news from China over the “phase one” trade deal with the United States has led to less risk appetite, which for now is affecting the broader markets more than the metals, which were broadly firmer on Thursday November 21.Asian equities are weaker, led by a 1.5% decline in the Hang Seng, and US 10-year treasury yields fell as the outlook for a trade deal deteriorates. Ba...Read More

Tech Talk for Thursday November 21st 2019

November 21, 2019 / www.timingthemarket.ca

U.S. equity index futures were higher this morning. S&P 500 futures were up 3 points in pre-opening trade.Index futures were virtually unchanged following release of economic news at 8:30 AM EST. Consensus for Weekly Jobless Claims was a drop to 215,000 from upwardly revised 227,000 last week. Actual was 227,000. Consensus for the November Philly Fed Index was an increase to 7.0 from 5.6 in Oc...Read More

Pirates Abound in Unwatched Waters

November 21, 2019 / dailyreckoning.com

Dear Rich Lifer,As the weather gets colder here in the US, and the dulcet tones of Christmas music permeate the air in every store, you might start to get in the holiday mood…You might even start shopping or planning your gifts a little early...But if you're thinking about buying online and having items delivered to your home, you might want to think again...Because package theft (also known...Read More

U.S. Gold Corp. Announces a New Maggie Creek Section on Its Website

November 21, 2019 / www.usgoldcorp.gold

2nd High Potential Nevada Exploration Project on the Carlin TrendELKO, Nevada, Nov. 21, 2019 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) is pleased to announce it has updated its corporate website to include a section on the Maggie Creek exploration project on the Carlin Trend in Nevada. U.S. Gold Corp. previously announced the acquisition of Orevada Metals, Inc., which holds the right to e...Read More

A lack of domestic supply is fuelling China's demand for foreign copper assets.

November 21, 2019 / www.mining-journal.com

Galena provides a leading lightSPONSOREDgalena mining"Because China's smelting capacity is still expanding, we need to make sure we have the raw materials to work with.Read More

Teck retains Barclays to sell Zafranal

November 21, 2019 / www.mining-journal.com

Galena provides a leading lightSPONSOREDgalena mining"The company and its advisors are feeling out interest among mining companies already operating in Peru for the copper and gold project which could raise up to US$500 million, said CEO Don Lindsay,Read More

Why 2020 could be a better year for diamonds

November 21, 2019 / www.northernminer.com

Following a strong first half of 2018, the balance of the year and most of 2019 was disappointing for the diamond industry. The most recent 18-month stretch has been described as a "very challenging environment" and even a "crisis." The third significant industry lull in the decade-and-a-half since the dismantling of the De Beers monopoly seemingly indicates that the diamond industry is yet to fin...Read More

Editorial: Diamond sector battles crisis fatigue

November 21, 2019 / www.northernminer.com

They say it's darkest before the dawn.Let's hope that holds true for the diamond sector.We try to strike a hopeful note here at Diamonds in Canada about an industry that's become such an inspiring and Canadian story about perseverance, determination, and the ability to adapt and change.But conditions have become very difficult of late. As Paul Zimnisky points out (see page 6), we are currently in...Read More

'Rising tide' to float all battery-metal boats

November 21, 2019 / www.northernminer.com

Rising electric vehicle (EV) adoption is driving a massive transformation in lithium-ion battery production. "Back in 2015, there were three lithium-ion battery megafactories [built or in development] - we're now up to 99," says Andrew Miller, Benchmark Mineral Intelligence's head of price assessment."We have seen a huge wave of companies enter this market, a lot in Asia, which is really the lithi...Read More

Silvercrest finds high-grade zone at Las Chispas

November 21, 2019 / www.northernminer.com

SilverCrest Metals (TSX: SIL; NYSE: SILV) has discovered a new high-grade zone outside the resource area at its Las Chispas project in Sonora, Mexico.The discovery hole - 19-118 - returned 9 metres grading 44.30 grams gold per tonne and 4,551.3 grams silver per tonne for 7,873 grams silver-equivalent per tonne, starting from 304 metres downhole. Another hole, 19-123, cut 6 metres grading 3.54 gram...Read More

Glencore's closure of Brunswick smelter won't impact Caribou, Trevali says

November 21, 2019 / www.northernminer.com

Glencore's (LON: GLEN) decision earlier this month to permanently close its Brunswick lead smelter in New Brunswick by the end of the year, won't interfere with the lead concentrate Trevali Mining (TSX: TV) produces at its Caribou mine, the company says."While our Caribou mine sells its concentrate to Glencore, Glencore is responsible for sourcing which of its global smelting operations or third-p...Read More

Interview: Tocqueville's Hathaway sees 'tremendous opportunity' in gold equities

November 21, 2019 / www.northernminer.com

John Hathaway, chairman of Tocqueville Management Corp. and co-manager of the Tocqueville Gold Fund, joined Anthony Vaccaro, The Northern Miner Group publisher, at the November 2019 Precious Metals Summit in Zurich to discuss the state of the gold investment space. The following is an edited transcript of the interview. The full video is available here.Anthony Vaccaro: You have had 25 years as a l...Read More

Zinc damp squib persists

November 21, 2019 / www.mining-journal.com

Macarthur's high-grade iron project set to rollSPONSOREDGalena provides a leading lightSPONSOREDgalena miningNickel discoveries put St George on investors' radarSPONSOREDst george miningUniversity of Delaware launches Minerals, Materials and Society programSPONSOREDuniversity of delawareDavey began a pitch to a gathering of investors in Melbourne recently by talking about the zinc market.Read More

Serbia's gold buying may mean a lot more than you think

November 21, 2019 / www.kitco.com

Nov 22, 2019 Guest(s): Rory Hall Publisher, The Daily Coin Serbia has just joined the ranks of other European central banks and bought nine tonnes of gold, and this could signal a looming economic crisis that the banks are preparing for, said Rory Hall, publisher of The Daily Coin. "If you look at the central banks and their buying, or their acquiring of all the gold, they're not acquiring all t...Read More

Dems Sneak PATRIOT Act Renewal Past The American People

November 21, 2019 / marketsanity.com

"Its founding was part of an unchecked expansion of executive powers that led to the widespread erosion of Americans' civil rights."Continue...Read More

Mish Shedlock talks real estate, forever wars, US-China trade talks

November 21, 2019 / marketsanity.com

Mike "Mish" Shedlock is a registered investment advisor and representative for Sitka Pacific Capital Management. His articles about the the economy and investing online can be found at Mish Talk. Read More

Janet Yellen says 'there is good reason to worry' about the US economy sliding into recession

November 21, 2019 / marketsanity.com

"I would bet that there would not be a recession in the coming year. But I would have to say that the odds of a recession are higher than normal and at a level that frankly I am not comfortable withContinue...Read More

'Nesting doll' diamond stays in Alrosa's rare-find collection

November 21, 2019 / www.miningweekly.com

The unusual "diamond in a diamond" that Russian miner Alrosa mined earlier this year, will not be put up for sale and will remain in the company's collection of rare finds.The collection already includes a skull-shaped rough diamond and a football-shaped rough diamond that were mined in recent years.AdvertisementThe latest addition to the rare-find collection resembles a traditional Russian Matryo...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok