Here are five Fastmarkets stories you might have missed on Friday April 16 that are worth another lookBrazil was a net importer of finished steel during the first quarter of 2021 for the first time since 2014 amid a domestic supply-demand imbalance, according...Read More

Ignore what centralbankers are saying; instead, watch what they are doing.While they poo-poo goldor pretend it doesn't exist, global central banks have been quietly but aggressivelyaccumulating gold bullion for several years now. The Central Bank of Russia,for example, has been a consistent buyer of gold.Other major central bankshave also been acquiring and holding the metal, although some scaled...Read More

When it comes to analyzing gold and gold prices there seems to be no limit to the explanations of cause and effect. The number of things presumed to be fundamental, or which are correlated to gold, has grown exponentially as gold receives more attention in the media and from the public. The state of confusion that exists regarding gold and gold prices is exacerbated by the contradictions and confl...Read More

Here are five Fastmarkets stories you might have missed on Friday April 16 that are worth another lookBrazil was a net importer of finished steel during the first quarter of 2021 for the first time since 2014 amid a domestic supply-demand imbalance, according...Read More

RAPAPORT... Alrosa's sales jumped sharply in the first quarter as market activity rebounded across the diamond supply chain, the company said last week."Demand for rough diamonds remains sustainably strong, as cutters and polishers took steps to maintain adequate stocks during the downturn of 2020," the Russian miner explained. "Demand from end consumers of diamond jewelry continued growing a...Read More

RAPAPORT... The Gemological Institute of America (GIA) has asked customers to return a number of colored-diamond grading reports after suspecting that a treatment might have gone under the radar.The organization will reassess certain diamonds with "green or greenish" in the color grade, a spokesperson told Rapaport News last week. The recall applies to reports it issued between January and Ju...Read More

RAPAPORT... US retail sales rebounded strongly in March as consumers went out to spend the stimulus money they had received from the government, the National Retail Federation (NRF) said.Revenue rose 28% year on year and 10% versus February's total as consumer sentiment grew, according to data the US Census Bureau reported last week. Covid-19 vaccinations buoyed the economy and made it easier for...Read More

RAPAPORT... Sotheby's brought in $21 million from its Magnificent Jewels sale in New York, with a 41.50-carat diamond ring nabbing the top spot.The round, D-flawless diamond ring sold for $4.9 million, or $117,108 per carat, within its estimate, the auction house said last week. Four of the top 10 items - including this one - went to private Asian collectors..An emerald-cut, 10.20-carat emerald ri...Read More

(IDEX Online) - Alrosa reported a 28 per cent increase in year-on-year revenue for Q1 from rough and polished sales -  up to $1.16bn.The figure was down five per cent on the previous quarter and comprised $1.126bn of rough and $33m of polished.In its quarterly operating results, the Russian state-owned miner said demand for diamond jewelry remained sustainably high at all the key markets.&nbs...Read More

(IDEX Online) - Tiffany & Co has ended its "most consistent relationship with the public " by ditching its daily page-three ad in printed editions of The New York Times.The tradition dates back more than a century, to 1896.The iconic jeweler, newly-acquired by the French luxury conglomerate LVMH, will maintain a similar ad spend with the paper, says the fashion bible WWD, but will divert more...Read More

(IDEX Online) - The British government has endorsed a court ruling that diamond billionaire Nirav Modi - accused of a $1.85bn bank fraud - should be extradited to India.He's opposed extradition since his arrest in London in March 2019 and now has two weeks to make a last-ditch High Court appeal against the move."On 25 February the District Judge gave judgment in the extradition case of Nirav...Read More

In their search for future mines, many companies are turning to the Far North as existing resources are depleted. The North features favourable geology, mining-friendly policies and is much less explored than more established destinations to the south. Below, we provide an overview of eight companies focused on the northern portion of this continent.Gold TerraGold Terra Resource (TSXV: YGT; US-OTC...Read More

With gold's reputation as a store of value and recent gold-focused merger and acquisition activity, there is renewed investor interest in companies active in this exploration.Read full newsRead More

With gold's reputation as a store of value and recent gold-focused merger and acquisition activity, there is renewed investor interest in companies active in this exploration.Read full newsRead More

With gold's reputation as a store of value and recent gold-focused merger and acquisition activity, there is renewed investor interest in companies active in this exploration.Read full newsRead More

Pure-play uranium miners have been out of favour for some time. Investors may remember the terrible Fukushima Daiichi nuclear disaster. This past decade has been relatively terrible for uranium stocks, as a prolonged period of low commodity prices ensured.That said, we’re now starting to see a major recovery in uranium prices. Once again, green energy is back in the limelight. And nuclear po...Read More

Although TSX stocks at large exhibit premium valuations amid their all-time highs, many Canadian names are still trading below their fair values. They could soon catch up and deliver decent returns to investors. Here are three undervalued TSX stocks for long-term investors.The North West CompanyThe North West Company (TSX:NWC) is a $1.7 billion Canadian retailer that sells food and everyday p...Read More

TSX stocks at large have gained around 50% in the last 12 months. Despite the strong gains, markets seem in great shape and could continue to rally. Aggressive vaccinations and an ongoing economic recovery will likely play well for stocks in the short to medium term. Here are the three top TSX stocks that offer decent growth prospects for the long term.Constellation SoftwareTop tech company Conste...Read More

While the TSX Index trades near record highs, investors can still find undervalued stocks that offer huge upside potential this year.Why Barrick Gold stock looks cheap right nowBarrick Gold (TSX:ABX)(NYSE:GOLD) traded for $38 per share in early November when gold fetched around US$1,950 per ounce. Gold is down less than 10% from that level today, but Barrick Gold stock is off about 27%.The mining...Read More

Apr 19, 2021 Last week inflation worries became real resulting in a major move for gold, said editor Neils Christensen. On Friday Christensen, Kitco correspondent Paul Harris and mining audiences manager Michael McCrae recorded a podcast with guest Ryan King, Vice President Corporate Development at Calibre Mining. The panelists discussed gold and inflation, as well as rising commodity prices due t...Read More