Recent News

7 Market-Moving Charts Investors Need to See

March 26, 2019 / news.goldseek.com

Stocks erased their weekly gains and bond yields fell on Friday as investors reacted to a number of economic developments. Chief among them were a Treasury yield curve inversion, the first since before the financial crisis, and continued slowdown in the pace of U.S. manufacturing expansion.I had my eye on several other market-moving news items, some of which I share with you below. 1....Read More

Gold Resource Corporation Eyes Isabella Pearl Open Pit Expansion and Additional Pit Discovery at Scarlet and Civit Cat North West Targets

March 26, 2019 / news.goldseek.com

COLORADO SPRINGS, Colorado, March 26, 2019 (GLOBE NEWSWIRE) -- Gold Resource Corporation (NYSE American: GORO) (the "Company") announced today its Nevada Mining Unit's exploration plans include targeted expansion of the Isabella Pearl (IP) open pit deposit by testing the adjacent Civit Cat North. Additional nearby targets with open pit potential include "Scarlet", where numerous high-grade...Read More

Has The Fed Finally Lost Control Of Interest Rates?

March 26, 2019 / news.goldseek.com

By: Avi GilburtBack in the 1940's, Ralph Nelson Elliott once noted:At best, news is the tardy recognition of forces that have already been at work for some time and is startling only to those unaware of the trend.So, rather than be startled by the news of the past week, I have been trying to warn anyone who was willing to listen that if you want to know what the Fed is going to do, simply read t...Read More

Precious Metals Update Video: Gold benefiting from the yield curve inversion

March 26, 2019 / news.goldseek.com

By: IRA EPSTEINGold pushing top of the Bollinger band resistance. Higher lows and higher highs, gold overbought but benefiting from...Read More

Buy Gold, Sell Stocks Is the "Trade of Century"

March 26, 2019 / news.goldseek.com

Buy Gold, Sell Stocks Is the Trade of Century is our latest weekly perspective. Watch this video on Buy Gold, Sell Stocks Is the Trade of CenturyThe "trade of the century" is to buy gold and sell stocks as risk assets are due for another meltdown.It's only a matter of time until the bearish bet pays off big, according to Crescat Capital LLC. While the Denver-based firm has only about $50 million...Read More

Gemfields Reports $60M Loss in 2018

March 26, 2019 / www.diamonds.net

RAPAPORT... Impairment charges resulting from tax changes ledGemfields to a loss of $60.4 million in 2018, it said Monday. The group reported a profit of $45.1 million the previousyear. Last year, the Zambian government introduced a 15% export levy thatrequired Gemfields to have its Kagem emerald mine revalued. This contributed toa $26.6 million devaluation, which included an inventory impair...Read More

Botswana Diamonds to Begin Production This Year

March 26, 2019 / www.diamonds.net

RAPAPORT... Botswana Diamonds will begin bulk sampling and diamondproduction from its Thorny River project in South Africa in May. It will then ramp up output to 20,000 tonnes a month, thecompany said Monday. The kimberlite ore will be processed at a nearby plant,which is currently being refurbished. In the six months ending December 31, the miner reported aloss of GBP 190,000 ($251,347). It...Read More

Global Jewelry Sales Rise in 2018, Says Alrosa

March 26, 2019 / www.diamonds.net

RAPAPORT... Global jewelry sales grew 4% to $85.9 billion in 2018 despite a weaker second half, according to market research Russian miner Alrosareleased. The growth was slower than the 5% increase Alrosa reported for the previous year. North American sales grew 4% in 2018, with the region accounting for more than half ofoverall revenue, the company said Monday. In the first half of the year...Read More

Jury Still Out on Baselworld

March 26, 2019 / www.diamonds.net

RAPAPORT... Gem and jewelry exhibitors gave mixed responses tochanges at the struggling Baselworld show, with many stillundecided as to whether they would return to the trade fair.Visitor traffic was relatively light throughout thesix-day event, which ends Tuesday, with Saturday and Sunday seeing the strongest activity.Attendance was so sparse in the gem halls that someexhibitors tried to poa...Read More

AWDC and Ali Baba's "Shape of Antwerp" project gathers speed

March 26, 2019 / www.idexonline.com

The Antwerp World Diamond Centre (AWDC) and the Alibaba Group are selling Antwerp-sourced diamonds  in an online flagship store called "Shape of Antwerp" Tmall. As the world's second-largest market for polished diamonds, China is generating tremendous opportunities for the diamond consumer market as a whole.  T-Mall, Alibaba's B2C marketplace, reportedly is the largest B2C platform in Ch...Read More

ALROSA presented the results of its own research of 2018's global luxury and jewelry market.

March 26, 2019 / www.idexonline.com

Alrosa, a world leader in diamond mining, reported that global sales of diamond jewelry had grown four percent 2018 compared to the previous year, reaching $85.9 billion. In 2017, the global jewelry market grew with five percent, compared to 2016. The firm said that the lower numbers for 2018 growth were a result "of a slowdown in key consumption markets in the second half of 2018." While in the f...Read More

Diamond Services introduces new lab-grown diamond identification system

March 26, 2019 / www.idexonline.com

Diamond Services, the Hong Kong-headquartered developer of technological systems and services for detecting treated diamonds, laboratory grown diamonds (LGDs) and simulants is introducing a new device which widens the range of detectable merchandise to include all rough and polished stones in the lower yellowish-to-light-brown colour ranges. Like other detection apparatus developed by Diamond Ser...Read More

Gold exploration firm strikes gold as tree-sampling technology yields results

March 26, 2019 / www.idexonline.com

South Australian drilling company Marmota Limited has identified new gold deposits in Goshawk territory and outside the discovery zone based on the biogeochemical testing of tree leaves for minerals. Recent results surrounding a December assay test at the Aurora Tank in the far north of South Australia has yielded levels of high-grade gold intersections - 88 grams per tonne of gold in existing are...Read More

Risks increasingly copper price insensitive

March 26, 2019 / www.mining-journal.com

Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsThe analysis, published in the Journal of Cleaner Production 220 (2019), found 75% of deposits faced environmental, social or governance challenges that could impede their development.Read More

Codelco terminates SNC Lavalin contract

March 26, 2019 / www.mining-journal.com

Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsCodelco stated SNC-Lavalin failed to meet its commitments under a $260 million contract including quality issues and delays in subcontractor payments and project execution.The news follows earlier profit warnings issued by the Montreal-based company related to aa engineering, procurement and...Read More

MMG ready to declare force majeure in Peru

March 26, 2019 / www.mining-journal.com

Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsAs the company has previously reported, outbound copper concentrate transport is being interrupted by a community blockade 136km from the mine.The blockade is related to a compensation claim for the a pre-existing easement on the Yavi Yavi farmland transferred to the Fuerabamba community as p...Read More

Market Summary: Sentiment soured - hiccup or turning point?

March 26, 2019 / www.metalbulletinresearch.com

Sentiment soured – hiccup or turning point? There has been a feel-good factor pervading the base metals so far this year due to US-China trade optimism and Fed dovishness. But after poor economic data again last week, sentiment began to sour. This may prove transitory, however, as the fundamentals of the base metals generally remain tight, and demand should pick up to help highlight this in Q...Read More

Aluminium: Sideways to lower

March 26, 2019 / www.metalbulletinresearch.com

Prices back under broad-based pressure on...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue...Read More

Technical analysis: Consolidation testing support

March 26, 2019 / www.metalbulletinresearch.com

Aluminium The initial buying pressure seen in the...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the...Read More

Copper: Price dips are buying opportunities

March 26, 2019 / www.metalbulletinresearch.com

Global growth concerns surge Weaker-than-expected manufacturing...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus dow...Read More

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