RAPAPORT... De Beers CEO Bruce Cleaver has called on the trade to allow rough purchases, assuring manufacturers the company won't require them to buy in the weak market."We will only sell [rough] when the demand is such that it can create sustainable value for all of us," the executive wrote in a blog post Friday. "However, just as we are not compelling our clients to purchase, we strongly be...Read More

RAPAPORT... Lucapa Diamond Company will resume partial operations at its Lulo mine in Angola after the government relaxed the lockdown rules for essential sectors.From this week, the company will limit work to two shifts per day, for six days of the week, while following government health-and-safety measures, it said Friday. Operations will exceed 50% of capacity, making it easier for the company...Read More

(IDEX Online) - India's first consignments of polished diamonds since lockdown have been despatched, valued at over $66m. Two batches - of 12 and 17 parcels - were sent on private chartered flights from Surat to Mumbai because there are no passenger or cargo flights. From there they were exported to Hong Kong to fulfil online orders, according to Times of India reports. The country's vas...Read More

(IDEX  Online) - Jewelry buyers can now get their purchase insured immediately in-store -  and receive instant confirmation by SMS. "Jewelers no longer have to watch their customers leave their store unprotected," say insurers Zillion who have partnered with insurtech firm The Edge. Their new system sends an insurance offer via SMS text directly to the customer while they're still...Read More

JAKARTA (Reuters) - Police in Indonesia's North Maluku province have arrested 8 people linked to a workers' demonstration that turned violent at a nickel project run by France's Eramet and China's Tsingshan Holding Group, a police spokesman said onRead full newsRead More

April marks a second month of truly extraordinary developments in markets - from negatively priced crude oil futures to a record spike in unemploymentRead full newsRead More

"Look at this beautiful Chart... its for #VanstarMining... and its not too late.They have been considered one of 'Canadas most undervalued #gold #mininers' ... https://t.co/jBt43Og8qE #Vanstar $VSR #GoldStock #TSXV #IAmGold #smallcaps #Gold #Goldmine #MomentumStocks"Read full newsRead More

"Rokmaster Announces Extension of Filing Deadline for its Annual Financial Statements and MD&A and Other Corporate Updates https://t.co/pyCagX2IAv @Rokmaster_RKR $RKR #gold #preciousmetals"Read full newsRead More

"Rokmaster Resources Corp. (TSX-V: RKR) is a Canadian mineral exploration company focused on developing its new massive sulphide #gold & #polymetallic Revel Ridge and #zinc-#lead-#silver Duncan Lake Projects, both located in BC. https://t.co/4yyO2xXc0t @Rokmaster_RKR"Read full newsRead More

In 2018, China launched a secret project with the goal of eradicating U.S. submarines. It's called Project Guanlan, which means "Watching the Big Waves," and it's a space-based laser weapon.If you're a regular reader, then this won't come as a surprise to you. Just last week I talked about China's latest laser assault on U.S. forces in the Pacific - an incident on February 17 in which a Chinese...Read More

Gold is now the highest it has been since 2012, trading at $1,700 per ounce as I write. Gold is now outperforming stocks year to date, over the past year, past two years, past three years, past four, and past five years. The widely followed sector ETF, VanEck Vectors Gold Miners ETF (NYSE: GDX), has finally broken through resistance at $31 - a long-awaited milestone. Large gold miners are alrea...Read More

Here are five Fastmarkets stories you might have missed on Monday May 4 that are worth another look.Flat-rolled steel import prices were mostly stable week on week in South America on Friday May 1, after deals became scarce and negotiations for June-shipment cargoes finished with low interest from clients.The European Commission's (EC) antitrust authorities granted Europe's largest copper smelter...Read More

The three-month price of copper on the London Metal Exchange was higher at the close of trading on Monday May 4, pushing above nearby resistance levels despite the lowest daily trading volumes since April 6, while tin similarly staged a modest recovery in afternoon trading.Copper's outright price on the LME closed at $5,123 per tonne, recovering from an intraday low of $5,060 per tonne, while just...Read More

Bob Moriarty ArchivesMay 4, 2020I like to read. I read fast and that helps. I can’t quite come to grips with all these guys now coming out with 25-minute videos they insist we watch instead of reading. Do they really believe that everyone has so much free time that they can pay attention to someone chattering away for 25 minutes?Most of what you read or watch will be noise, meaningless crap...Read More

Jack ChanPosted May 4, 2020Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Short-term is on BUY signal. Short-term signals can last for days and weeks and are more suitable for traders.Our ratio remains on BUY signal.Long-term is bullish. $HUI needs a weekly close above 278 to confirm that a new bull leg is i...Read More

Copper stocks at Shanghai bonded warehouses fell in April amid an increase in import activity due to expectations of a cut to China's VAT rate in May and the opening of the arbitrage window between Shanghai and London.Fastmarkets assessed Shanghai bonded copper stocks at 291,000-301,000 tonnes on Thursday April 30, down by 12.7% from 334,000-344,000 tonnes on March 23. "The rumor of a VAT cut enti...Read More

The latest ferro-vanadium and vanadium pentoxide (V2O5) transactions, bids, offers and assessments in Europe and China.To view the latest price assessments, follow the links below:Europe- Ferro-vanadium basis 78% V min, 1st grade, ddp Western Europe, $/kg V- Vanadium pentoxide 98% V2O5 min, in-whs Rotterdam, $/lb V2O5China- Ferro-vanadium 78% V min, fob China, $/kg V- Vanadium pentoxide 98% V2O5 m...Read More

April's UG2 chrome ore price rally was capped in the week to Friday May 1 after China's major stainless steel mills all raised their ferro-chrome tender prices by a lower-than-expected amount, while the charge chrome assessment ticked up slightly. Fastmarkets' South Africa UG2 concentrates index, basis 42%, cif China held at $147 per tonne on Friday, unchanged from the previous week. The inde...Read More

Montr?(C)al, QC - Siyata Mobile Inc. (TSX-V:SIM | OTCQX: SYATF | FRA:WK3D) (the "Company" or "Siyata") is pleased to announce the Company has partnered with TASSTA, a global mission critical push-to-talk (MCPTT) software provider and end-to-end solution for critical communications. The initial opportunities to work together are in Southeast Asia.TASSTA has integrated its MCPTT application...Read More

Bluestone had announced the bought-deal offering at $1.75 per share last month and said on Friday the over-allotment option was exercised in full.Read More