Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More

The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More

"We do not see evidence that bitcoin's rally is cannibalizing gold's bull market and believe the two Continue...Read More

As Huey pushes his cart of rocks out of the dark and up the hill…In NFTRH we did a lot of work managing the oncoming correction, the valid reasons behind it (these reasons are beyond the scope of this post, but don’t listen to the perma-bulls, they were more than valid and readable in advance), the now nearly 5 month old correction (technically still intact) and more recently the impr...Read More

Here are five Fastmarkets stories you might have missed on Friday December 18 that are worth another look.Global mining and metals company Rio Tinto and Japanese steelmaker Nippon Steel Corp have signed a Memorandum of Understanding (MoU) to jointly explore and develop technologies to transition to a low-carbon emission steel value chain,...Read More

Global mining and metals company Rio Tinto and Japanese steelmaker Nippon Steel Corp have signed a Memorandum of Understanding (MoU) to jointly explore and develop technologies to transition to a low-carbon emission steel value chain, the companies said in a press release on Tuesday December 15. Both companies have the shared goal of significantly reducing carbon emissions across the entire steel...Read More

Usiminas increased its output and domestic sales volumes over the past 45 days from first-quarter and 2019 volumes, the Brazil-based flat steel producer said in a filing to Brazilian securities and exchange commission CVM.It produced 533,000 tonnes of rolled steel between November 1 and December 15, or around 11,800 tonnes per day, up by 0.2% from the daily average in January-March this year and b...Read More

Here are five Fastmarkets stories you might have missed on Friday December 18 that are worth another look.Global mining and metals company Rio Tinto and Japanese steelmaker Nippon Steel Corp have signed a Memorandum of Understanding (MoU) to jointly explore and develop technologies to transition to a low-carbon emission steel value chain,...Read More

Here are five Fastmarkets stories you might have missed on Friday December 18 that are worth another look.Global mining and metals company Rio Tinto and Japanese steelmaker Nippon Steel Corp have signed a Memorandum of Understanding (MoU) to jointly explore and develop technologies to transition to a low-carbon emission steel value chain,...Read More

RAPAPORT... Indian dealer Nehal Modi was charged Friday with grand larceny for allegedly stealing $1.4 million in diamonds from a New York wholesaler in a multipart scam.In March 2015, Modi - the brother of infamous Indian jeweler Nirav Modi - borrowed nearly $800,000 worth of diamonds from LLD Diamonds for a purported deal with Costco, prosecutors said Friday in a court filing. However, instead o...Read More

RAPAPORT... Angola state diamond trader Sodiam has received interest from a number of major tender houses and other providers wishing to establish service centers in the country's new diamond exchange.The Angolan Diamond Bourse (ADB), due to be operational by the end of 2021, will consider offers from tender houses Bonas Couzyn, based in Antwerp; South Africa-based First Element; UK-headquartered...Read More

RAPAPORT... The pandemic has altered how US consumers shop for engagement rings, rather than having a major impact on the amounts they spent, according a survey by wedding resource The Knot.Proposers made greater use of online tools during Covid-19, for example, by spending time researching rings on the internet or connecting with jewelers on social media, the organization said Thursday in it...Read More

RAPAPORT... The Responsible Jewellery Council (RJC) is preparing a new 10-year plan for ensuring the organization and its members achieve the UN's sustainable-development goals (SDGs). The "Roadmap to 2030 and Beyond" will outline how the RJC intends to meet these goals, and how members can align their operations and reporting with them, the council said last week. The document will also expl...Read More

RAPAPORT... Rio Tinto achieved record value at its 2020 Argyle Pink Diamonds Tender, after bidders raised prices for the rare stones as supply has come to an end.The company offered 62 pink, red, blue and violet stones, weighing a total 57.23 carats. It allowed participants to view the goods using livestreaming and a virtual portal at locations in Antwerp, Singapore and Perth, Australia,...Read More

(IDEX Online) - A brother of fugitive billionaire Nirav Modi has been charged in the USA with a $1.4m diamond fraud.Nehal Modi, a Belgian citizen, is accused of "grand larceny in the first degree" for allegedly obtaining gems by fraud from the wholesaler LLD Diamonds USA, in Manhattan, New York, in 2015. He has been indicted by the New York Supreme Court.He allegedly claimed the diamonds would be...Read More

(IDEX Online) - Beny Steinmetz, the diamond and real estate billionaire, has been handed a five-year jail term by a court in Romania after he was convicted of a land deal fraud. The country's Supreme Court overturned the decision by a lower district court to acquit him last year.Steinmetz, 65, (pictured) an Israeli national, was accused of being involved in corrupt enterprise to recover...Read More

(IDEX Online) - The family-owned Swarovski crystal jewelry empire is reportedly in turmoil as it faces plunging profits and the prospect of wholesale job losses. Robert Buchbauer, recently-appointed CEO and great-great grandson of the company's founder Daniel, wants to shed 6,000 staff, shut 750 stores and take the brand upmarket, according to the AFP press agency. But other family members ar...Read More

In England, we have had festivals at this time of year since well before the Romans began their creeping conquest in AD43. The occupation of most of Britain was a done deal by AD60 following the defeat of Queen Boudica (leader of the Iceni in modern day Norfolk).Back then we were celebrating pagan festivals, either the Anglo-Saxon M??draniht (Night of the Mothers) or Yuletide, which was a mid-wint...Read More

Mid-tier gold miners' stocks are again setting up to achieve more massive gains during gold's next bull upleg.Read full newsRead More

Investors are putting pressure on gold miners, whose high greenhouse gas emissions have been less scrutinized, to report transparently and take concrete steps to curb them after a rally in prices this year drew closer attention to the sector's footprint.Read full newsRead More

Company is raising C$85 million through a subscription receipt offering with a group of investors that will result in a new board and management, as well as a new name.Read full newsRead More

It seemed like we were heading towards the pandemic’s end, as mass vaccinations began across several parts of the world. However, we are not out of the woods yet. The newfound COVID variant, uncovered in the U.K., is apparently more dangerous and is creating havoc through the global financial markets. Here’s how to play the broad market weakness.Barrick GoldThe markets will likely trad...Read More