Recent News

Explorer Reports Blockbuster Copper Intercept

May 07, 2019 / www.theaureport.com

Peter Epstein of Epstein Research homes in on recent high-grade assay results at this company's Saskatchewan project. Rockridge Resources Ltd. (ROCK:TSX.V) is a fairly new mineral exploration company focused on the acquisition, exploration and development of mineral resource properties in Canada. Its focus is copper and base metals. More specifically, base, green energy and battery metals, of whi...Read More

In Era of Geopolitical Chaos, Investors Should Look at This REE Company

May 07, 2019 / www.theaureport.com

Rick Mills of Ahead of the Herd explains why he believes investors should take a look at one company whose rare earth elements project could provide a secure supply of desperately needed metals and could have a "potential gross in-situ metal value of CA$7.6 billion." Because of the heightened global climate of aggression, chaos and fear the need for the protection of strong militaries is heighten...Read More

Explorer Commences Drilling at Two Great Basin Projects

May 07, 2019 / www.theaureport.com

These new programs are being done as a follow-up to past drill efforts. Liberty Gold's Goldstrike ProjectLiberty Gold Corp. (LGD:TSX) announced in a news release it launched a 2019 drilling program at two of its past-producing gold projects: Black Pine in Idaho and Goldstrike in Utah. "We are targeting multi-million ounce deposits at both properties, and we expect to be well on our way to achievi...Read More

Waiting for Double Bottom Support in Gold Stocks / Commodities / Gold and Silver Stocks 2019

May 07, 2019 / www.marketoracle.co.uk

Several weeks ago we wrote about the downside risk in the gold stocks. After the various gold stock indices formed distribution-type tops, the subsequent selling has been swift. Miners have plunged through moving averages and short-term breadth indicators quickly reached oversold extremes. While the gold stocks are oversold, it could be a little while before we can expect a sustained rebound. We p...Read More

Silver Sets Up A Long-Term Wave B Bottom / Commodities / Gold & Silver 2019

May 07, 2019 / www.marketoracle.co.uk

Precious Metals traders have been hanging on every turn in the markets over the past 2+ years.  The upside price move in early 2016 setup a very strong expectation that further upside price moves were about to result in an upside price explosion in metals.  Remember, 2016 was a very big US Presidential election year.  2020, being the next big US Presidential election year, is only a...Read More

7 Laws of Investing

May 07, 2019 / news.goldseek.com

By: Gary ChristensonLance Roberts listed James Montier's 7-Immutable Laws of Investing. They are:Always insist on a margin of safety.This time is never different.Be patient and wait for the fat pitch.Be contrarian.Risk is the permanent loss of capital, never a number.Be leery of leverage.Never invest in something you don't understand.Those sensible rules apply to gold and silver.ALWAYS INSIST...Read More

Waiting for Double Bottom Support in Gold Stocks

May 07, 2019 / news.goldseek.com

Several weeks ago we wrote about the downside risk in the gold stocks.After the various gold stock indices formed distribution-type tops, the subsequent selling has been swift. Miners have plunged through moving averages and short-term breadth indicators quickly reached oversold extremes.While the gold stocks are oversold, it could be a little while before we can expect a sustained rebound.We p...Read More

Tariff War Rears Up, Spooking Traders

May 07, 2019 / news.goldseek.com

Shades of Smoot-Hawley!? Stocks plummeted for the second time in less than 24 hours Monday when Trump signaled to China's trade negotiators that he means business. A long-delayed, $200 billion hike in tariffs will take effect on Friday because the Chinese reneged on commitments they'd already made. I don't say they allegedly reneged or that they reportedly reneged, since no one ever believed for...Read More

Asian Metals Market Update: May-7-2019

May 07, 2019 / news.goldseek.com

Trump and his twitter trumpet of reigniting trade war failed to life gold price yesterday. Short covering will be there if gold breaks and trades over $1290-$1292 zone. Silver needs to trade over $1500 to rise further. Copper and crude oil may have formed a short term bottom yesterday. "Akshay Tritiya" demand if it comes in below expectations in India can result in small correction in gold pri...Read More

Pandora Cuts 1,200 Jobs as Sales Drop

May 07, 2019 / www.diamonds.net

RAPAPORT... Pandora will push ahead with a total overhaul of its business, after sales weakened in the first quarter.  Global sales fell 6% year on year to DKK 4.8 billion ($720.5million) for the January-to-March period, the Danish charm maker reportedTuesday. Revenue in the US slipped 12% in local currency to DKK 977 million($146.5 million), while sales in China rose 15% to DKK 548 mill...Read More

$6M 'Bubble Gum' Ring to Lead Christie's HK

May 07, 2019 / www.diamonds.net

RAPAPORT... A diamond named for its resemblance to bubble gum will go under thehammer at Christie's Hong Kong sale later this month. The rare cushion modified brilliant-cut, 3.44-carat,fancy-vivid-purplish-pink diamond, which is internally flawless, will lead theMagnificent Jewels sale on May 28, the auction house said last week. The centerstone of the ring by jeweler Moussaieff, called the B...Read More

Diamond Prices Soften Despite US Stability

May 07, 2019 / www.diamonds.net

RAPAPORT PRESS RELEASE, May 7, 2019, Las Vegas ... Polished-diamond prices declined in April due to continued oversupply and selective Far East demand. US jewelry sales remain firm, helping to support the global trade. The RapNet Diamond Index (RAPI?,,?) for 1-carat diamonds slid 0.5% in April. The index has fallen 1% so far this year, and 3% since May 1, 2018. RapNet Diamond Index (RAPI?,,?)...Read More

Pink Diamond Finds No Buyer at Bonhams

May 07, 2019 / www.diamonds.net

RAPAPORT... Two top items failed to sell at Bonhams' NewYork auction last week, including a rare fancy orangey-pink diamond.  The 12.62-carat stone, which was valued at $1.5 million to $2 million, was the lead lot in the New York Jewels sale. The second most expensive piece, a cushion-shaped, 15.23-carat Kashmir sapphire, estimated at $1.3 million to $1.8 million, also went unsold. ...Read More

ALROSA TECHNOLOGY to present new diamond identification tool at 5th MGJC

May 07, 2019 / www.idexonline.com

ALROSA TECHNOLOGY, the diamond science and technology firm that is jointly owned by ALROSA and the Technological Institute for Superhard and Novel Carbon Materials (FSBI TISNCM) of Russia, will present its new-generation ALROSA Diamond Inspector for the screening and identification of natural diamonds, treated diamonds, laboratory-grown diamonds (LGDs) and simulants at the Fifth Mediterranean Gemm...Read More

ALROSA to focus on diamond mining, sells off non-core assets

May 07, 2019 / www.idexonline.com

Russia's Alrosa, the world's leading diamond miner in volume, continues to sell off assets in 2019, with the purpose to improve its financial performance and to focus on the company's core diamond mining business. In 2018, ALROSA sold its gas assets, the Geotransgaz and Urengoy gas companies, and more than 250 properties that included real estate, in-progress construction projects, as we...Read More

With new CEO and CFO on board, Pandora pushes new program

May 07, 2019 / www.idexonline.com

Pandora, the renowned Danish fashion jewelry manufacturer and retailer, is pushing forward with its plans and program to "Reignite a Passion for Pandora." Under its new CEO and President, Alexander Lacik, and the new CFO Anders Boyer, the firm is progressing with NOW - the firm's business transformation program that "has comprehensive impact on the organisation, operations and culture." "As a foun...Read More

Nevada Copper gets US$115M financing for Pumpkin Hollow

May 07, 2019 / www.mining-journal.com

Altech ticks boxes on path to production SPONSOREDaltech chemicalsFunding under the KfW IPEX facility will follow repayment of the company's existing Red Kite Mine Finance senior debt facility, in effect replacing the Red Kite debt to reduce debt service costs,Read More

Tech Talk for Tuesday May 7th 2019

May 07, 2019 / www.timingthemarket.ca

U.S. equity index futures were lower this morning. S&P 500 futures were down 18 points in pre-opening trade. Investors remain concerned about trade negotiation between the U.S. and China.Canadian Pacific (CP $298.86) is expected to open higher after increasing its dividend by 27.5%.WestJet (WJA $18.84) is expected to open higher after reporting higher than consensus first quarter earnings.Boei...Read More

Big Banks or Congress, Who Do You Trust More?

May 07, 2019 / dailyreckoning.com

I know it seems like I'm picking on Senator Elizabeth Warren lately, but that's not my intention. Rest assured, I dislike the vast majority of politicians just as much. It just so happens that, in a runup to the 2020 election, it seems like Warren is trying to make big headline splashes by taking on populist whipping boys like the student loan crisis and, more generally, big banks.Meanwhile, I wan...Read More

Capstone students design "Swiss arm" for injured veteran

May 07, 2019 / www.minesnewsroom.com

A team of Colorado School of Mines students spent their senior year designing a "Swiss arm" for a U.S. Navy veteran who lost part of all four of his limbs while serving in Afghanistan. Taylor Morris asked the Capstone Design team to incorporate four tools that he uses daily into the arm - a pen, an electric lighter, an X-acto knife and a laser pointer/flashlight - for easy and convenient access....Read More

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