The new assays are comparable to those from previous samples taken from the historical district property. Klondike Gold Corp. (KG:TSX.V) announced in a news release that it discovered a zone of high-grade gold parallel to the mineralization of the Nugget zone at its Klondike project in the Yukon.The company discovered this through the drilling of nine holes in the Nugget zone along the Nugget Fau...Read More

The company will suspend ore processing there while it remedies the situation. SEMAFO Inc. (SMF:TSX; SMF:OMX) reported in a news release that a Wona pit wall failed at the Mana mine in Burkina Faso on Friday, but no one was injured and no equipment damaged as a result. Mining is currently taking place in the southern part of the Wona pit, not in the northern portion, the area where the pit wall f...Read More

Mickey Fulp, the Mercenary Geologist, and Maurice Jackson of Proven and Probable discuss the resurgent precious metals markets, as well as base metals, critical metals and energy metals. Maurice Jackson: Joining me for a conversation today is Mickey Fulp, the Mercenary Geologist. Glad to have you here today to share your market insights, which are quite remarkable. And, I want to get your thought...Read More

In 3rd grade, my teacher had a sign up at the front of the class which read:PUT BRAIN IN GEAR BEFORE ENGAGING MOUTHThis made an impression upon me as a 3rd grader. Yet, many adults have yet to learn this lesson.It seems that every single analyst that you read regarding the gold market parrots the exact same thesis: If the dollar rises gold falls, and if the dollar falls gold rises. This is the fir...Read More

Over the past few weeks and months, we’ve been alerting our followers to the incredible setups in Natural Gas and Crude Oil.  If you’ve been following our research, you already know on May 21st we called for Oil to break down from $62 level with a target of $55 then $49 price levels.  We’ve been alerting that Natural Gas was setting up an incredible seasonal trade with...Read More

July nonfarm payrolls came in line with expectations, confirming the strength of the U.S. labor market. So far so good. With the markets more focused now on the escalation of the trade war triggered by Trump’s tweet on Thursday., she stock market plunged while gold rallied. Can the upcoming news take gold higher still? July Payrolls in Line with ExpectationsThe U.S. created 164,000 jobs in J...Read More

We are currently at an important point of the economic cycle. The end or peak of debt-based assets, and the significant appreciation of real assets like gold and silver.An example of the last time we were in a similar position is the late 70s. The Dow was at or near peak levels after a multi-decade bull market, while gold and silver was in the midst (or end) of a consolidation (or correction).The...Read More

- Gary Christenson, The Deviant InvestorBreaking News: COMEX paper gold contracts closed on Wednesday, August 7, at $1,513, up from $1,274 on May 22. Gold bottomed at $1,045 in December 2015. The S&P 500 Index closed at a new all-time high on July 26.Gold closed at its highest price since 2013.Read: Silver Prices - The Next Five YearsWhat Happens Next?We don't know. Gold has disappointed for...Read More

By: Ira EpsteinBig violent Summer trading day in the general markets. Bonds getting ahead of themselves? 1% US 10-Year Note yields... 0% yields?Gold took off last Thursday, 18-DMA now $1,445 and rising, bias is up:Read More

By Avi GilburtIn 3rd grade, my teacher had a sign up at the front of the class which read: PUT BRAIN IN GEAR BEFORE ENGAGING MOUTHThis made an impression upon me as a 3rd grader. Yet, many adults have yet to learn this lesson.It seems that every single analyst that you read regarding the gold market parrots the exact same thesis: If the dollar rises gold falls, and if the dollar falls gold r...Read More

Gold is over brought and needs to break and trade over $1540 to start another wave of rise. Silver has a massive technical congestion between $1730-$1775. Silver needs to break and trade over $1730-$1775 zone for the rest of the month to rise to $1932 and $2100. Chances of sharp correction will be very high as long as silver does not break $1775. One step at a time for silver bulls. One should u...Read More

With silver up $0.74 on the day, Harvey has an important update on what's happening with gold & silver on the COMEX...by Harvey Organ of Harvey Organ BlogGOLD:$1503.00 UP $31.00(COMEX TO COMEX CLOSING Silver: $17.18 UP 74 CENTS (COMEX TO COMEX CLOSING)/ Closing access prices: Gold : $1501.65 silver: $17.11today, gold broke through $1500.00 and silver s...Read More

Diamond trade slow due to seasonal lull andmarket uncertainty. US jewelry sales compensating for weakness elsewhere, but retailersholding less inventory. New US tariffs on China imports to impact jewelers morethan diamantaires. Trade war affecting confidence as stock-market wealthdeclines, with Dow -3% (August 1 to 7). Political protests creating concern forimportant Hong Kong show. Yuan's devalua...Read More

RAPAPORT... Lucapa Diamond Company garnered $6.2 million at a tender ofrough stones from its Lulo and Mothae mines, bringing the total to $35.5million for the year to date. The miner sold 3,558 carats from its Lulo mine in Angola, bringing in $4.4 million atan average price of $1,234 per carat, it reported Thursday. The company also sold 4,376 carats fromthe Mothae mine in Lesotho for a total...Read More

RAPAPORT... Pandora has named two-time Emmy-nominated actress MillieBobby Brown as the face of a global campaign for its new jewelry collection, inan effort to reinvigorate interest in its brand and appeal to a youngeraudience. Brown is best known for the Netflix series Stranger Things, the 2019film Godzilla: King of Monsters, and her appointment as theyoungest-ever Goodwill Ambassador for th...Read More

RAPAPORT... The American Gem Trade Association (AGTA) has revealed thewinners of its 2019 Spectrum Awards, covering 14 categories from bridal to men's jewelry."When we see the entries coming into our office and those submitted during our New York City drop-off program, there's always a lot of speculation about how the judges will respond to each piece," said AGTA CEO Douglas Hucker. "After al...Read More

Junior diamond miner Lucapa reported that its latest sales of diamonds from the Lulo alluvial mine in Angola and the Mothae kimberlite mine in Lesotho has taken total sales from both mines to US$35.5 million for the year to date. In its latest sale, Lucapa had sold a run of mine parcel of 3,558 carats of Lulo diamonds for S$4.4 million, at $1,234/ct. This took total sales of Lulo diamonds to date...Read More

Pandora's first global advertising campaign for its new jewelry collection will be faced by Millie Bobby Brown, an actor and activist committed to effecting positive change among her generation. The two-time Emmy nominee and UNICEF's youngest-ever Goodwill Ambassador, Brown has signed a two-year contract with Pandora to promote the collection. Shot by fashion photographer Cass Bird, Pand...Read More

The second annual Jewelers for Children (JFC) Day will be held on Saturday September 28, 2019. JFC Day is a day for all supporters of JFC and for potential new ones to celebrate the success of the industry's support for children in need and raise visibility and funds for the charity.  JFC Day is the brainchild of Steven Vardi, a JFC board member who helped develop the concept along with...Read More

PERTH (miningweekly.com) – Diamond miner Lucapa Diamond Company has reported revenue of A$8.8-million from the latest sale of diamonds from its Lulo and Mothae mines, in Angola and Lesotho respectively.The ASX-listed company on Thursday reported that a parcel of 3 558 ct of Lulo diamonds was sold for gross proceeds of A$6.3-million, representing an average price of A$1 768/ct, while a furthe...Read More