"China called last night our top trade people and said 'let's get back to the table' so we will be getting back to the table and I think they want to do something. They have been hurt Continue...Read More
The program is key in identifying high-priority targets for a 2020 drill program. Quaterra GroundhogQuaterra Resources Inc. (QTA:TSX.V; QTRRF:OTCQX) announced in a news release that it and Chuchuna Minerals Co. began their exploration program at their Groundhog copper-gold project located 300 kilometers southwest of Anchorage, Alaska.They kicked off those efforts with a 1,500 line kilometer, heli...Read More
Sector expert and money manager Adrian Day discusses resource firms that he covers, including two major producers, one royalty company and one exploration company. Gold bars Newmont Goldcorp Corp. (NEM:NYSE, $39.30)has underperformed this year, largely due to concerns surrounding the acquisition of Goldcorp, which closed in April. Many Newmont shareholders believe the company overpaid for bad ass...Read More
The yieldcurve has inverted.It suggests that we are about one year before the recession. How should theyellow metal behave in such a period? We invite you to read our today’s articleand find out how gold is likely to behave in the pre-recession world. The yield curve has inverted. If its strong predictive power of the recession remains intact –in the previous part of this report, we pr...Read More
Welcome to this week’s Market Wrap Podcast, I’m Mike Gleason.Coming up we’ll hear some very interesting comments from a first-time guest, Jeffrey Christian of the CPM Group. Jeff talks about who’s been buying gold, and who hasn’t been – at least not compared to levels of a few years ago, tells us why they’ve moved up their price forecasts for gold and silv...Read More
StrengthsThe best performing metal this week was silver, up 2.03 percent. Gold came in second place, up 1 percent. Inflows into ETFs backed by gold have hit 1,000 metric tons since holdings bottomed in early 2016. Bloomberg data shows that total known ETF holdings rose to 2,424.9 tons on Wednesday, which is the highest since 2013. Goldman Sachs predicts that the price of the yellow metal will cl...Read More
Is the gold to silver ratio even relevant in the world of today? Here's David take...by David Morgan of The Morgan ReportThe Gold and Silver Ratio ExplainedThe gold-to-silver ratio is the amount of silver it takes to purchase one ounce of gold. Simply take the price of gold, divide it by the price of silver and Voil? ! You have the gold-to-silver ratio.Watch this video on The Gold and Silver Ratio...Read More
SD Outlook: Gold & silver surged higher last night, but the move is far from over. The move has really only just begun...Gold & silver began to move higher in price on Sunday night.In fact, gold broke-out to multi-year highs:In addition to multi-year highs, we're now right up against some pretty nasty resistance on the weekly chart shown above.I covered the reasons why gold & silver surged when th...Read More
Plateau Energy Metals (TSXV: PLU) has lost its appeal to overturn a decision by the Instituto Geol??gico Minero y Metal??rgico (INGEMMET) to cancel 32 of its 149 concessions in Peru. INGEMMET is an agency under Peru's Ministry of Energy and Mines (MINEM).The 32 concessions represent 231 sq. km, or less than 25%, of Plateau's 930-sq.-km land package in Peru. Of the 32 concessions, one affects the...Read More
RAPAPORT... Gemfields sold $18.6 million worth of emeralds at its Lusaka, Zambia auction in August, as the miner noted signs of recovery in the Indian market. "We are pleased that the...recovery in the emerald sectorfirst observed at our May...auction [has] continued to grow," Adrian Banks,Gemfields' managing director of product and sale, said last week. "The Indianmarket, which is particular...Read More
RAPAPORT... Gem Diamonds has recovered its third yellow diamond over 100carats this year, following a two-year dearth of stones in that hue and size. The miner found the 114.2-carat rough on August 22 at itsLet??eng mine in Lesotho, it said Monday. The company unearthed a 135-carat,yellow diamond from the deposit in June, and a similar 134-carat stone was brought upin March. Prior to those re...Read More
An exceptionally rare and highly important pale greyish-green jade carving of a dragon head, Tang dynasty (AD 618-907), 16.5 cm long, estimated to sell for $2.5 to $3.5 million, is offered in the Important Chinese Ceramics and Works of Art auction of September 13, at Christie's in New York This pale greyish-green jade dragon head comes to auction at Christie's in New York from the...Read More
Miranda Hollingshead wasn't going to search for diamonds - she only wanted to know HOW to find them. She still ended up leaving with a 3.72-carat rough stone. Hollingshead, of Bogata, Texas, visited Arkansas's Crater of Diamonds State Park for the first time. But according to Hollingshead, that wasn't her original plan. "I was just going to pick up a transmission that day, but my s...Read More
The World Diamond Council published a report, written by WGC Research Manager Ray Jia, that during the past five years, Chinese retail jewelers have seen their profit drop. Some retailers have even seen net profits shrinking over the period. Most of them have made efforts to address this by introducing high-margin and innovative products "such as 3D-hard gold and "5G" gold." Jia noted that in rece...Read More
Ernest Blom, president of the World Federation of Diamond Bourses (WFDB) said the issue of lab-grown diamonds (LGD) would - once again - be on the agenda of the event, with a panel discussion featuring industry experts. "What distinguishes natural diamonds from lab-created diamonds, apart from the whole love element, is that natural diamonds are a non-renewable source," Blom says. "The supply...Read More
The Antwerp World Diamond Centre (AWDC) will open its doors on the Industry Open Company Day organized by the Flanders' Chambers of Commerce. On this day, in Flanders, hundreds of companies open their doors to the public, enabling it to take a look behind the scenes visit. At the AWDC, visitors will help diamond enthusiasts discover the fascinating world of diamonds and teach them how to buy...Read More
Terramin leads gold-copper revival in South AustraliaSPONSOREDterramin australiaPeel cracks Cobar codeSPONSOREDpeel miningThickened tailings deposition for closureSPONSOREDsrk consultingDe-risking delivers value in GalenaSPONSOREDgalena miningHowever the pair have terminated the letter of intent relating to EAM's nearby majority-owned Harvest project containing the Terakimti gold heap leach projec...Read More
Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumThe United States Bureau of Land Management has completed the DEIS for the Ambler Mining District Industrial Access project, with public comments on the proposed access road accepted until October 14.The permitting process has been five years in the making for the company. Quality emerges at Galan's blue-chip lithium...Read More
Terramin leads gold-copper revival in South AustraliaSPONSOREDterramin australiaThickened tailings deposition for closureSPONSOREDsrk consultingDe-risking delivers value in GalenaSPONSOREDgalena miningPeel cracks Cobar codeSPONSOREDpeel mining"Recent exploration by AWX within a recently identified Miocene porphyry copper-gold belt on northern Vancouver Island has resulted in the discovery of a sig...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 14 points in pre-opening trade. Index futures recovered from overnight losses after the U.S. and China agreed to lower their rhetoric on trade negotiations. Index futures were virtually unchanged following release of the July Durable Goods Orders report at 8:30 AM EDT. Consensus was an increase of 1.1% versus a revised...Read More