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
As the inventory gets closer and closer to zero, how much longer can...by David Morgan of The Morgan ReportThe Silver Guru, David Morgan, stops by to talk about the ongoing drain on Comex Registered Silver supply in the face of stubbornly low prices. As the inventory gets closer and closer to zero, how much longer can this go on before prices move dramatically higher? Or is something else about to...Read More
Will it be spectacular, will it be spooky, or will it be...(by Half Dollar) The Federal Reserve concludes a two-day FOMC meeting at 2:00 p.m. EST on Wednesday,November 2, 2022.Many people are focused on what the Fed will do and say, which includes whether or not there will be a change in the Fed's monetary policy, especially with regards to interest rates.Specifically, many people are currently lo...Read More
Chair Peter DeFazio will also ask the EPA and the Army Corps of Engineers to revise their regulations and guidelines to crack down on "sham permitting" and project segmentation in what he called theRead More
North American-listed miners, including Agnico Eagle Mines, Yamana Gold, First Quantum Minerals and Lundin Mining have reported iin the past week seeing some decline in key input prices.Read More
Look beyond market approach to project valuations: van ZylLeadershipDigital capital raising platform opens doors with over 100 ASX offers completedSPONSOREDblue horseshoe ventures pty limitedStudy points to more copper-gold potential for PolarX in AlaskaSPONSOREDpolarx limitedPurepoint Uranium Group Well Positioned to Make Next Athabasca DiscoverySPONSOREDpurepoint uraniumFive leading regional min...Read More
The Purchasing Managers' Index is used as an indication of how an economy is faring. A contraction could indicate a recession. The Chinese contraction (to 49.9 in October, from 50.Read More
Gold has lost ground as many investors turn to higher-yielding investments, including bonds, in the wake of a series of interest rate hikes by the US Federal Reserve since March this year.Read More
RAPAPORT... Diamcor Mining saw profit rebound during the second fiscal quarter as the company sold a greater number of larger, higher-value rough diamonds.The company posted earnings of $1 million in the three months ending September 30, compared to a loss of $918,953 in the previous quarter, it said last week. The miner operates the Krone-Endora at Venetia deposit in South Africa.Revenue for the...Read More
RAPAPORT... Sales at Lucapa Diamond Company rose sharply in the third quarter, reflecting solid production even as market conditions worsened.Rough-diamond revenues jumped 42% year on year to $25.5 million for the period, the company said Monday in an email to Rapaport News. Sales from the Lulo mine in Angola rose 56% to $20.6 million, while proceeds from Mothae in Lesotho increased 4% to $4....Read More
RAPAPORT... Pandora has reported a blaze at a distribution center in Hamburg, Germany, noting that the company would use its other locations to serve the European markets should the incident affect supply. The fire, which began yesterday, is under control but has not yet been fully extinguished, Pandora said Sunday. Because the situation is ongoing, the Danish jeweler has not been able to determin...Read More
Digital capital raising platform opens doors with over 100 ASX offers completedSPONSOREDblue horseshoe ventures pty limitedStudy points to more copper-gold potential for PolarX in AlaskaSPONSOREDpolarx limitedPurepoint Uranium Group Well Positioned to Make Next Athabasca DiscoverySPONSOREDpurepoint uraniumSheffield flashes a green light at ThunderbirdSPONSOREDsheffield resources limitedBHP had a t...Read More
RAPAPORT... De Beers' 2022 Diamond Insight Report focused on the importance of brands - no coincidence given the miner's own emphasis on its consumer-facing labels in the past couple of years. Jewelry from a trusted name commands a significant premium, and this trend goes hand in hand with an increased interest in the corporate values behind products, the company explained.Last Thursday, Rapa...Read More
Digital capital raising platform opens doors with over 100 ASX offers completedSPONSOREDblue horseshoe ventures pty limitedStudy points to more copper-gold potential for PolarX in AlaskaSPONSOREDpolarx limitedPurepoint Uranium Group Well Positioned to Make Next Athabasca DiscoverySPONSOREDpurepoint uraniumSheffield flashes a green light at ThunderbirdSPONSOREDsheffield resources limitedNext month'...Read More
(IDEX Online) - Mountain Province has reported the highest quarterly revenue - CAN $111m / USD $81m - since it was founded in 1986.The Canadian miner, which jointly operates the Gahcho Kue mine with De Beers Canada, said the Q3 figure was up nine per cent on Q2 2022."Improving production performance, coupled with our very strong financial performance during the quarter places the company in a stro...Read More
(IDEX Online) - A Graff ring set with a 41.36-carat Type IIa diamond is to be sold by Christie's Geneva with a high estimate of $5m.The square emerald-cut gem is described as "D colour, VVS1 clarity, potentially Internally Flawless, excellent polish and symmetry."It is set in a platinum ring together with tapered baguette-cut diamonds, signed by the London-based jeweler Graff.The ring will be...Read More
(IDEX Online) - Pandora's distribution center in Hamburg, Germany, has been damaged after a fire broke out in the roof.The Danish jewelry giant said it has yet to fully assess the extent of damage to the building and to its inventory, but said nobody had been hurt.The warehouse, on Hans-Dunker-Strasse, serves as Pandora's European distribution center. The company said: "Other...Read More
Digital capital raising platform opens doors with over 100 ASX offers completedSPONSOREDblue horseshoe ventures pty limitedStudy points to more copper-gold potential for PolarX in AlaskaSPONSOREDpolarx limitedPurepoint Uranium Group Well Positioned to Make Next Athabasca DiscoverySPONSOREDpurepoint uraniumSheffield flashes a green light at ThunderbirdSPONSOREDsheffield resources limitedLula has pr...Read More
The need to revise the guidelines is the result of discussions between the firm and YESAB on how to address changes in assessment methods, environmental best practices, and enhancements to the CasinoRead More
(Updates prices) By Peter Hobson LONDON, Oct 31 (Reuters) - Copper prices fell on Mondayas rising COVID-19 cases and weaker-than-expected manufacturingdata in top consumer China raised concerns over demand weakness. COVID restrictions are affecting factories in numerousChinese cities and the yuan fell to its weakest since 2007,making dollar-priced metals costlier for local buyers. Benchmark coppe...Read More
Codelco, the world's largest copper producer, posted output of 1.063million (M) tonnes in the first nine months of this year, 10.4% lower than during the same period last year.Read More