Avraham Eshed, a veteran Israeli diamond manufacturer, was named an Israel Diamond Industry Dignitary for the year 2019. The biennial Israel Diamond Industry Dignitary Awards aim to recognize and honor those men and women who have advanced and promoted Israel's diamond industry, at home and abroad. Eshed, who is both a manufacturer of large diamonds and high-value colored gemstones, follows i...Read More
The Angolan government hopes that the return of licenses to more than 200 companies and semi-industrial diamond mining cooperatives in seven provinces of Angola will allow for the creation of at least 20,000 jobs, Andr?? (C) Buta , the national director of Mineral Resources said.Buta, who spoke at the end of the delivery of 31 of the 81 licenses for semi-industrial exploration planned for Lunda No...Read More
The Jewelers Board of Trade (JBT) said in ia recent report that in the second quarter of the year, 185 jewelry businesses had ceased operations, constituting a 21 percent drop compared to the second quarter of 2018. Among those 185 closures, 135 were retailers and 36 wholesalers and 14 jewelry manufacturers. In general, the rate of companies closing is slowing down. JBT noted that at the end...Read More
Jewelry designers and manufacturers Alex and Ani LLC is suing Bank of America Corp. for more than $1 billion in damages and alleging discrimination. The female-led company argues that the bank fraudulently declared it in default of a $50 million line of credit last year and that it consequently is driving the jewelry firm toward bankruptcy. Bloomberg noted that this development is a "stark turnar...Read More
Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumGEM analysed 194 mine development projects undertaken between 1994 and 2014 and found coal projects had the biggest overruns at 32% followed by gold at 31% and copper at 28%. In addition to cost overruns, the study found development time also overran by an average of eight months."These are associated to a mix of variabl...Read More
Joint venture partner and operator Newcrest Mining reported results from 2,800m of drilling, which extended Greatland's HAD006 from 838m to 1,216m and added two new holes, HAD010 and HAD011 had intersected high-grade mineralisation at depth.Highlights included 12m at 3.1g/t gold and 0.08% copper from 1,071m, and 52m at 7g/t gold and 0.17% copper from 1,122m, including 17m at 21g/t and 0.39% f...Read More
Look beyond market approach to project valuations: van ZylLeadershipThickened tailings deposition for closureSPONSOREDsrk consultingAustralian Vanadium targets growing energy-storage and steel marketsSPONSOREDaustralian vanadiumSaturn's high-grade discovery gives Apollo Hill a rocketSPONSOREDsaturn metalsMetal Tiger has agreed to invest A$500,000 for 15% of Cobre, and a further $2 million as p...Read More
With economic growth still deteriorating - the United States’ second quarter gross domestic product (GDP) came in at 2.1%, compared with 3.1% in the first quarter - the markets have little to cheer about this morning, Monday July 29.Economic headwinds, geopolitical tension in the Middle East and in Hong Kong, combined with some record equity levels make for an unstable market platform. A like...Read More
U.S. equity index futures were mixed this morning. S&P 500 futures were up 1 point in pre-opening trade. Mylan jumped $3.37to $21.80 after the company announced a deal to merge with Pfizer's Upjohn division.Cooper Tire (CTB $30.47) is expected to open lower after lower than consensus second quarter revenues and earnings. The company also lowered guidance. Goldman Sachs is expected to open high...Read More
PRIVATE BLOG - Gold is it Time? For What Exactly?Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.https://ask-socrates.com/Read More
July 29, 2019 - Brixton Metals Corp. (the “Company“) (TSXV: BBB) (OTCQB: BBBXF) is pleased to announce a fully subscribed, non-brokered private placement of a combination of units and flow-through shares of the Company for gross proceeds of C$6,000,000 (the “Offering“). Each unit (a "Unit") is being offered at a price of C$0.18 and will be comprised of one common share of t...Read More
Karin Leiderman, associate professor of applied mathematics and statistics at Colorado School of Mines, has received the National Science Foundation's highest honor in support of junior faculty, the NSF CAREER Award.She will receive $509,999 in funding over the next five years to develop new mathematical models and numerical methods for simulating blood clotting - work that could lead to the desig...Read More
Dejun Yang, associate professor of computer science at Colorado School of Mines, is the 2019 winner of the William R. Bennett Prize from the IEEE Communications Society.The Bennett Prize honors researchers for the best original paper published within the last three years, based on its quality, originality, utility, timeliness and clarity of presentation.Yang was recognized for "Incentive Mechanism...Read More
Where are zinc prices headed? It's a question that brings distinctly different opinions and forecasts from the bullish and bearish camps.While zinc's macro-fundamentals could arguably support more robust prices, the metal's price has languished since its decade-high rally to US$1.63 per lb. (US$3,595 per tonne) in early 2018, and has struggled to break above US$1.36 per lb., or US$3,000 per tonne....Read More
Several years after its discovery, Tinka Resources (TSXV: TK) has delivered a preliminary economic assessment (PEA) on the zinc sulphide deposit at its wholly owned Ayawilca project, 200 km northeast of Lima in central Peru.The PEA tables a US$363-million after-tax net present value (NPV), with an 8% discount rate, and a 27.1% after-tax internal rate of return on the zinc sulphide deposit, along w...Read More
The S&P/TSX Venture Composite Index climbed 0.16% to 592.89 during the trading week.Drill results and exploration success at its Dixie project in the Red Lake district of Ontario sent Great Bear Resources up 17 ? to $5.60 per share. On July 24 the junior announced a 5-metre assay of 14.32 grams gold per tonne within a 12-metre intercept of 5.87 grams gold per tonne. The hole was drilled near a pre...Read More
Thickened tailings deposition for closureSPONSOREDsrk consultingSaturn's high-grade discovery gives Apollo Hill a rocketSPONSOREDsaturn metalsAustralian Vanadium targets growing energy-storage and steel marketsSPONSOREDaustralian vanadiumLake Resources prepares to make a splash in lithium SPONSOREDlake resourcesIn a series of closely-related developments over the past few days, the leading non...Read More
The Dow Jones Industrial Average rose 0.14% to finish at 27,192.45, and the S&P 500 Index jumped 1.66% to 3,025.86. Spot gold fell US$6.70 per oz. to US$1,418.30 per ounce.Arch Coal topped the charts with a gain of US$4.79 to US$91.48. The company reported net income in the second quarter of US$62.8 million, or US$3.53 per diluted share, compared with net income of US$43.3 million, or US$2.06 per...Read More
The S&P/TSX Composite Index posted a 0.27% gain to 16,531. Spot gold stayed above the US$1,400 per oz. threshold, finishing at US$1,418.30 per oz. - down US$6.70 per oz., or 0.47%. The S&P/TSX Global Gold Index lost 2.23% to end at 205.82, while the S&P/TSX Global Base Metals Index lost 2.11% to 110.20, and the S&P/TSX Global Mining Index lost 2.32% to 79.54.Intermediate gold producer Torex Gold R...Read More
This panel was held on Jan. 20th, 2019, the day the Pats beat the Chiefs in the AFC Championship.I was watching the game on my iPhone propped up on the table in front of me. RATE AND REVIEW this podcast on Facebook.https://www.facebook.com/PeterSchiff/...SIGN UP FOR MY FREE NEWSLETTERhttps://www.europac.com/Schiff Gold News: http://www.SchiffGold.com/newsOpen your Goldmoney account today: https://...Read More