Recent News

Sentiment Cautious as Hong Kong Show Starts

September 16, 2019 / www.diamonds.net

RAPAPORT... Expectations were low among diamantaires as the September Hong Kong Jewellery & Gem Fair opened Monday, with local unrest dampening prospects for attendance.Many companies have skipped the show for safety reasons, as anti-government protests have gripped Hong Kong since June. "The situation in Hong Kong as of now isn't good. Many of my clients don't plan to come," said Sujal S...Read More

US Jewelry-Store Sales Fall in First Half

September 16, 2019 / www.diamonds.net

RAPAPORT... Sales at specialist jewelry stores in the USslipped 5% year on year to $14.39 billion in the first half, according to datafrom the nation's census bureau. Monthly figures for January to June all droppedcompared with the same time the year before, with June showing the largest dip,sliding 10% to $2.31 billion, the data showed, indicating weak consumer sentiment. The Consumer Confi...Read More

Petra's Loss Widens in Weak Rough Market

September 16, 2019 / www.diamonds.net

RAPAPORT... Shares in Petra Diamonds slipped 7% in early trading Mondayafter the miner reported its loss had broadened due to a devaluation of itsfour deposits. The company reported a net loss of $258.1 million for theperiod ending June 30, as opposed to a loss of $203.1 million the year before.This was due to the combination of impairment charges - a reduction in the value of an asset- on it...Read More

US Retail Sales Robust Ahead of Increase in Tariffs

September 16, 2019 / www.diamonds.net

RAPAPORT... US retail sales rose in August, even as consumer confidence slipped slightly from the previous month amid the escalating trade war. Total sales - excluding automobiles, gasoline andrestaurants - rose 0.4% compared with July and 4.6% year on year, according todata the National Retail Federation (NRF) reported, citing the US CensusBureau. Online and other non-store sales climbed 14%...Read More

Petra Diamonds Reports 6% Drop in FY Revenue

September 16, 2019 / www.idexonline.com

(IDEX Online) - Petra Diamonds today announced a 6-percent drop in its full year revenue to $463.6 million (FY 2018: $495.3 million). Diamond prices also dropped 5 percent.The company reported a net after-tax loss of $258.1 million compared to a net loss of $203.1 million in 2018.Production was up marginally over 2018 at 3.87 Mcts compared to 3.84 Mcts. Petra reported production of 705 Kcts for Ju...Read More

Rio Tinto Showcases 2019 Argyle Pink Diamonds Tender

September 16, 2019 / www.idexonline.com

(IDEX Online) - Rio Tinto is showcasing the 64 pink and red diamonds that make up the 2019 Argyle Pink Diamonds Tender. The diamonds are being shown in Perth, Singapore, London and New York, with bids closing on 9 October 2019. The 64 diamonds in the collection weigh 56.28 carats and include six outstanding or "hero" diamonds. They are:Lot 1: Argyle Enigma,1.75-carat modified radiant Fan...Read More

Poor Chinese economic data, sharply higher oil prices drag LME base metal prices lower

September 16, 2019 / www.metalbulletinresearch.com

Over the past week the metals have looked stronger and some dovish comments by United States President Donald Trump over US-China trade relations seem to have provided a slight confidence boost, but headwinds are being felt this morning, Monday September 16.An 11% rise in crude oil prices to above $71 per barrel this morning following an attack on a Saudi Arabian oil refinery, combined w...Read More

Tech Talk for Monday September 16th 2019

September 16, 2019 / www.timingthemarket.ca

U.S. equity index futures moved lower this morning. S&P 500 futures were down 10points in pre-opening trade. Index futures responded to a drone strike on Saudi Arabia's oil production facilities over the weekend. Crude oil jumped $5.31 to $60.16 per barrel and gold added $12.30 to $1511.80 per ounce on the news. Oil stock prices moved higher. Index futures were virtually unchanged following re...Read More

The Democratic Debate Dilemma

September 16, 2019 / dailyreckoning.com

Right before last week's Democratic debate, Elizabeth Warren revealed her plan to greatly expand Social Security.And then, during opening remarks, Andrew Yang said he wanted to pay 10 Americans "freedom dividends" worth $1,000 a month as a way of demonstrating his larger plan to do the same thing for everyone in the country.Now, both of these proposals are attempts to create larger social safety n...Read More

No. 1 Proven Way to Keep Your Money

September 16, 2019 / dailyreckoning.com

Dear Reader,Pop quiz: When you receive a paycheck, who do you pay first? If you're like most Americans, you're probably paying everyone else first - your rent/mortgage, groceries, utilities, car payment, insurance, etc.Once you're done paying all those bills, you stick whatever you have left (if anything) into savings - that's the classic "paying yourself last" scenario. Then you patiently await y...Read More

The Four Dynamics of Bubbles

September 16, 2019 / dailyreckoning.com

Editor’s note: Central banks have inflated bubble after bubble. Today, Daily Reckoning contributor Charles Hugh Smith shows you the three stages of bubbles – with a fourth for good measure. He also addresses how long the show can go on.Dear Reader,Financial bubbles manifest three dynamics: The one we’re most familiar with is simple human greed, the desire to exploit a windfall an...Read More

Brixton Metals Samples 45 g/t Au at Union and Drills 8.53 g/t Au over two metres at LD on its Atlin Goldfields Project

September 16, 2019 / brixtonmetals.com

September 16, 2019 - Brixton Metals Corporation (TSXV: BBB) (OTCQB: BBBXF) (the "Company" or "Brixton") is pleased to announce results from the summer 2019 exploration program at its Atlin Goldfields Project. The exploration program consisted of shallow scout NQ sized core drilling at the LD and Pictou Zones, prospecting and soil geochemical survey over selection areas on the western region of the...Read More

Revving up Greenland's mineral production will take time

September 16, 2019 / www.northernminer.com

The MV Happy Dragon had just sailed into safe harbour at Charleston, South Carolina when Hurricane Dorian forced the vessel back out to sea to await better weather.The cargo ship was carrying more than 14,000 tonnes of anorthosite from Vancouver-based Hudson Resources' (TSXV: HUD; US-OTC: HUDRF) White Mountain mine in Greenland for customers in the paints, coatings and fibreglass markets. Hudson h...Read More

Osisko drills for?EUR? Windfall's 'roots'

September 16, 2019 / www.northernminer.com

Discoveries earlier this year at the Windfall gold project in Quebec drove Osisko Mining (TSX: OSK) in July to boost its drill program by 200,000 metres, bringing the total for the year to 1 million metres - the largest drill program in Canada."When we started at Windfall back in 2015, it was a 50,000-metre program, which was large," John Burzynski, the company's president and CEO, tells The North...Read More

British fertiliser play encounters more headwinds

September 16, 2019 / www.mining-journal.com

White Gold turns heads as exploration steps up a gearSPONSOREDwhite gold corpSilver Mines times Bowdens to perfectionSPONSOREDsilver mines limitedPoster South Africa mine regeneration on trackSPONSOREDorion mineralsLean mining and the fourth industrial revolutionSPONSOREDdassault systemesThree Canadian potash mines operated by Nutrien, the world's biggest producer of the high-value fertiliser, are...Read More

Minecraft but I am extremely cruel

September 16, 2019 / www.youtube.com

Minecraft is a little known game made by a small company called MicrosoftMy Patreon: https://www.patreon.com/callmekevinMerch: https://kevin.fanfiber.com/Twitter: http://twitter.com/CallMeKevin1811Instagram: https://www.instagram.com/callmekevin...Edited by @Kippesoep001, @TropicalFreeze2 and KevinPatreon Producers ?(TM)?-_- fynn_anightonmarsA_Lovecraftian_HorrorAce GamesAdam MidderighAddie McKenz...Read More

Excelsior Springs 2019

September 16, 2019 / www.youtube.com

Read More

Gerardo Del Real: Prepare for a Slingshot Effect in Gold

September 16, 2019 / www.youtube.com

Gold's recent price rise has created optimism among market participants, but not everyone believes the yellow metal's move will continue unabated. #PreciousMetalsSummit #GoldPriceSpeaking at the Precious Metals Summit in Beaver Creek, Colorado, Gerardo Del Real of Resource Stock Digest said he expects gold to fall to lower levels before moving higher again. ______________________________________...Read More

Nando Moura Vs Allan dos Santos (Ter??a Livre) - CPI Lava Toga

September 16, 2019 / www.youtube.com

T?-tulo chamativo mas o que importa mesmo ?(C) a CPI!Inscreva-se para saber mais do curso:http://bit.ly/mamaefaleiInstagram: @arthurmoledovalFacebook: @mamaefaleiTwitter: @arthurmoledovalRead More

Ferreira e Nando Moura s??o XlNGADOS por Allan dos Santos (Ter??a Livre) ap??s defenderem LAVA TOGA

September 16, 2019 / www.youtube.com

Allan dos Santos (Ter??a Livre) parte pra cima de Ferreira e Nando Moura ap??s pol??mica envolvendo Flavio Bolsonaro e CPI da Lava Toga.........................................O M??NIMO QUE VOC?? PRECISA SABER SOBRE DIREITO PARA N??O SER FEITO DE IDIOTA ??'????>> http://bit.ly/VENDASDIREITO........................................ME SIGA NAS REDES SOCIAISYoutube: https://youtube.com/CanaldoFerreira...Read More

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