RAPAPORT... Sales of rough at BlueRock Diamonds more than doubled in 2021 as strong demand drove up the average price for its goods.Revenue came to GBP 7.8 million ($9.5 million), compared with GBP 3.6 million ($4.4 million) the year before, BlueRock said last week. The average price surged 59% year on year to $470 per carat. Although the average price in 2020 was lower than usual amid the Covid-1...Read More
Orexplore leads the pack in core analysisSPONSOREDorexploreAlmonty plans top tungsten production outside ChinaSPONSOREDalmonty industriesStars align for Tinka at AyawilcaSPONSOREDtinka resourcesAsian Battery Metals AllianceSPONSOREDaranjin resourcesForrest's attempt to spend A$168 million to acquire a 15% stake in Regis to build on an existing 4.9% position in the financially stretched gold produc...Read More
(IDEX Online) - The prices of used Rolex Daytona watches, and other super-desirable luxury timepieces are falling for the first time since 2019, as the stock market and cryptocurrencies hit hard times.They're now changing hands on the secondary at well below their 2022 peak, although still for many times their original retail price.The Daytona 116500LN Black Dial (pictured) was selling for $4...Read More
(IDEX Online) - A US pastor failed to show for a court hearing after police seized thousands of fake Cartier bracelets from his church. The goods would have been worth $24.4m if genuine.Rev JianGang "Frank" Lan, of the Deer Park Community Church, in Chapel Hill, North Carolina, is reported to be in China.He was arrested in 2091 after police found more than 3,200 counterfeit bracelets.Accordi...Read More
(IDEX Online) - The IDEX Polished Price Index continued its gradual decline through June, down by 1.18 per cent at the close of the month. The near-straight line slide was somewhat steeper than May, when it fell by 0.69 per cent. In April it declined by more than 2.1 per cent. Before that, January and February showed sharp increases, down by 5.67 per cent and 4.14 per cent respectiv...Read More
The firm has been seeking additional funding, including a promissory note from its largest shareholder Pala Investments to develop its copper project in Nevada but warned "there can be no assuranceRead More
(Adds detail on potential of new partners) By Saliou Samb CONAKRY, July 4 (Reuters) - Guinea's mines minister hasordered all work related to the Simandou iron ore mine projectto be halted after the two companies involved missed an extendeddeadline to agree on a joint venture, a letter seen by Reutersshowed on Monday.Rio Tinto's Guinea subsidiary Simfer SA andChinese-backed consortium Winning Conso...Read More
to our United States of America readers. The Bottom LineBase building patterns by U.S. and Canadian equity indices continue. Historically, broadly based North American equity indices reach the bottom of the U.S. Presidential cycle in June during the second year of the President's mandate. History is repeating. Earnings and Revenue Outlook for S&P 500 companiesConsensus earnings esti...Read More
In an effort to raise additional funds to continue operations at its Pumpkin Hollow copper mine in Nevada, Nevada Copper (TSX: NCU; OTC: NEVDF) has agreed to terms with its senior lender KfW IPEX-Bank and its largest shareholder Pala Investments for a loan of up to US$70 million by way of a new tranche extension to the existing senior credit facility with KfW. The funding would be provided by P...Read More
The Dow Jones Industrial Average fell 403.42 points or?EUR?1.2% to 31,097.26 and the S&P 500?EUR?fell 86.4 points?EUR?or 2.25% over the week?EUR?to 3,825.33.?EUR??EUR? Shares of Mosaic Company rose by US62 ? or 1.3% to US$47.23 as the company reported higher potash sales and revenue in May compared to April. It sold about 744,000 tonnes of potash in May, compared to 692,000 tonnes in the previo...Read More
Over the June 27 to July 1 trading period, markets continued their downward trend, with the S&P/TSX Composite Index falling 201.55 points or 1.06% to 18,861.36; the S&P/TSX Global Mining Index dropping 4.4 points or 4.6% to 95.06; and the S&P/TSX Global Base Metals Index retreating 6.65 points or 4.3% to 153.14. The S&P/TSX Global Gold Index fell 18.54 points or 7.07% to 262.16 and spot gold ended...Read More
Over the June 27 to July 1 trading week, the S&P/TSX Venture Composite Index fell 35.1 points or 5.38%, to end at 617.26.Among the top gainers in terms of value for the period was Angus Gold, which gained 25 ? per share or nearly 24% to $1.01. During the week, Angus closed a non-brokered private placement of five million flow-through shares at $1.15 for a total of $5.8 million. Delbrook Capital Ad...Read More
Rock Tech Lithium (TSXV: RCK; OTC: RCKTF) has released new assay results from ongoing drilling at its 100%-owned Georgia Lake lithium project in Ontario. Located between Nipigon and Beardmore, the Georgia Lake property comprises 1,042 hectares of mineral leases and 56.9 sq. km of mineral claims within the Thunder Bay mining district.Rock Tech began the drill program in 2021 in support of an ongoin...Read More
Boris Johnson's government seems set to approve the first new underground coal mine in the U.K. for 36 years. Such an outcome (a decision is due by July 7) will be heavily criticized by environmental groups, but would be a welcome fillip for the British mining industry after 100 years of declining coal production.Coal mining has always attracted mixed emotions. The imminent planning decision on Wo...Read More
The British government announced on Monday the creation of a centre to gather data and analyze information on the supply of critical minerals such as cobalt, lithium and graphite key for electric vehicle (EV) batteries and wind turbines.The Critical Minerals Intelligence Centre (CMIC), to be run by the British Geological Survey, will use the data to help to find ways to source minerals needed for...Read More
Share this article VANCOUVER - SilverCrest Metals Inc. [SIL-TSXV, SVCMF-OTCQX] said Tuesday it has completed the first pour of silver and gold at the company's Las Chispas project in Sonora, Mexico.The first precious metal pour was completed on June 30, 2022, and consisted of 312 kilograms of dore with approximately 9,200 ounces of silver and 100 ounces of gold, the company said in a press releas...Read More
We spoke with Nick Luksha, who is Executive VP of Prospect Ridge Resources Corporation (CSE: PRR, OTC: PRRSF, FRA: OED) a Canadian mining company with two properties in British Columbia: the flagship district-scale Knauss Creek and the Holy Grail property properties. The Holy Grail Property claim block has 12 past-producing high-grade gold and silver hard rock mines, within a 15km radius. In addit...Read More
Gold Newsletter, Released on 7/5/22How long will the US dollar last in light of the record inflation we have seen this year? James Turk, founder of Goldmoney and writer of the Free Gold Money Report, explains that the US dollar is in the closing stages of a long-term bubble and elaborates on the role technology will play in the future of currency.Brien Lundin serves as president and CEO of Jeffers...Read More
Gold Silver (w/ Mike Maloney), Released on 7/5/22How much more did your July 4th food supplies cost this year? Just how much value has the dollar lost? Which countries are cooking up a plan to compete with the US dollar as a world reserve currency? And most importantly....what can you do to protect yourself? All this and more in today's update from Mike Maloney.?>>?GoldSilver is one of the most tr...Read More
Peak Prosperity, Released on 7/5/22PART 2 of this video (Episode 68) can be found at Peak Prosperity using the following link: https://peakprosperity.com/?utm_sourc...Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity...Read More