Powell’s testimony to Congress failed in generating a rebound in gold prices; thus, the bearish trend could continue.On Tuesday (June 22) the Fed Chair testified before the Select Subcommittee on the Coronavirus Crisis, U.S. House of Representatives . Before Powell’s appearance in Congress, there were some hopes that he would soften the Fed’s hawkish signals from the previous wee...Read More

Here are five Fastmarkets MB stories you might have missed on Friday June 25 that are worth another look.The Russian government has approved temporary export duties on 340 steel and non-ferrous metals sold outside the Eurasian Economic Union (EAEU), which are set to take effect from August 1 through December 31, according to an official government decree. The duties, which are intended to con...Read More

Here are five Fastmarkets MB stories you might have missed on Friday June 25 that are worth another look.The Russian government has approved temporary export duties on 340 steel and non-ferrous metals sold outside the Eurasian Economic Union (EAEU), which are set to take effect from August 1 through December 31, according to an official government decree. The duties, which are intended to con...Read More

Here are five Fastmarkets MB stories you might have missed on Friday June 25 that are worth another look.The Russian government has approved temporary export duties on 340 steel and non-ferrous metals sold outside the Eurasian Economic Union (EAEU), which are set to take effect from August 1 through December 31, according to an official government decree. The duties, which are intended to con...Read More

Silver delivery problem? Here's what's going on...by Bix Weir of Road to RootaBUY YOUR PHYSICAL SILVER TODAY!! Read More

RAPAPORT... Revenue at Tse Sui Luen (TSL) fell during the full fiscal year, as coronavirus-related challenges in Hong Kong and Macau outweighed a recovery in China.Group revenue dropped 9% to HKD 2.65 billion ($341.6 million) for the 12 months ending March 31. Sales in mainland China climbed 9% to HKD 2.16 billion ($278.7 million. However, that rise could not offset a 50% decrease to HKD 423.6 mil...Read More

RAPAPORT... A US judge has thrown out WD Lab Grown Diamonds' lawsuit against a rival synthetics brand that the company had accused of violating its patents.Judge Jed S. Rakoff ruled in favor of Fenix Diamonds earlier this month, concluding that WD had not provided evidence of any infringement. He granted Fenix's motion for summary judgement, meaning there will be no trial.The Carnegie Institu...Read More

RAPAPORT... Lucara Diamond Corp. has sold shares in the company for $30.9 million, granting it extra funding to maintain and develop the Karowe mine in Botswana.A syndicate of investors led by BMO Capital Markets has agreed to purchase 29.4 million common sharesfor CAD 22 million ($17.9 million), Lucara said last week. They implemented the transaction on a "bought-deal" basis, meaning they have bo...Read More

RAPAPORT... A ruby and diamond ring led the Bonhams Jewels and Jadeite sale in Hong Kong, which saw nine of the top 10 lots beat their high estimates.The Van Cleef & Arpels piece, which contained a 3.21-carat, pigeon's blood Burmese ruby surrounded by diamonds, sold for HKD 3.8 million ($483,480) at the June 20 auction. That total was well above its high valuation, Bonhams said last week. A ra...Read More

RAPAPORT... Baselworld will return primarily as a business-to-business platform targeting the mid-range luxury segment, with live events supplementing a digital platform, organizer MCH Group said.MCH will launch the digital platform this fall, and will premiere its live events with a popup in Geneva from August 30 to September 3. The main Basel 2022 show will take place from March 31 to April...Read More

RAPAPORT... Alrosa has resumed production at its Zarya open-pit mine in Yakutia after closing it for more than a year.The first ore from the site since its reopening has already gone to the processing plant, Alrosa said last week. The miner suspended operations at Zarya and the rest of its Aikhal division in May 2020 due to the heavy impact of the coronavirus pandemic on diamond demand.Zarya has s...Read More

(IDEX Online) - Alrosa has resumed production at its Zarya pipe, in Yakutia, eastern Russia, as the diamond market recovers.The mine, responsible for just 0.9 per cent of the group's total output, was put on care in maintenance in May 2020.  Alrosa said Zarya was among its lower margin mines due to the quality characteristics of its stones.The 300-meter deep open pit, developed at a cost...Read More

(IDEX Online) - Baselworld is back from the dead, with a five-day event planned for spring 2022.Organizers of the iconic Swiss trade show said they were dropping the name after an exodus of big-name exhibitors and a bitter refunds row over the Covid-enforced cancelations of its 2020 event.They even announced its new incarnation, a watch and jewelry event to be called HourUniverse, which was billed...Read More

(IDEX Online) - Child miners are using homing pigeons to smuggle diamonds from the mines where they work, claims a new book.They risk having their fingers broken, or worse, says US-based author Matthew Gavin Frank in Flight Of The Diamond Smugglers, a harrowing account of poverty and desperation on the west coast of Namibia and South Africa.He tells in great detail how a 13-year-old boy hides a pi...Read More

Canada is considered one of the world's premier mining jurisdictions thanks to its refined financial services industry, skilled workforce and robust regulatory environment. The Toronto Stock Exchange is the world's leading public platform for mining companies to raise the capital required to conduct their mineral exploration, mine development and mining operations. The following companies are the...Read More

TORONTO, June 22, 2021 /CNW/ - HARTE GOLD CORP. ('Harte Gold' or the 'Company') (TSX: HRT) (OTC: HRTFF) (Frankfurt: H4O) announced today its first...Read full newsRead More

The Canadian stock market has outperformed its American peers in a recovery rally so far this year. The S&P/TSX Composite Index is up 16% year to date (YTD), making it the best-performing broader market index in North America today ahead of Mexico’s S&P/BMV IPC index’s 14.7% and the United States’s S&P 500 and Dow Jones Industrial Average indices, which hit record hig...Read More

Gold is the shining yellow metal that has little utility than making jewelry. Yet it came to be recognized as a medium of exchange. Gold became the symbol of wealth across the globe. But now, its status is being challenged by the digital gold Bitcoin. The conundrum: Real or digital gold?The classic case of investing in the yellow metal is as a hedge against inflation. Paper currency is losing...Read More

Are you tired of investing in stocks that are always the “talk-of-the-day” and on everyone’s top pick, and you are looking for some under-the-radar stocks? If your answer is yes, then you need to understand that not all under-the-radar stocks are hidden gems that can make you rich without the rest of the market noticing.And the stocks that get a lot of attention also experience a...Read More

A year ago we were all waiting for the other shoe to drop. Covid cases were starting to swing up and we were heading into a tough summer.Nine months ago we hit a whole new level, now with an even bigger swing in cases in the works with a huge, steaming pile of political mayhem tossed on top.Three months ago, depending on the state, vaccines rolled out to all adults. We finally got to the point whe...Read More