What happens when more Americans realize that Treasuries, Bonds, and Dollars they own will become increasingly worthless in the future?Editor's Note: This article was written just before the 1.2 billion ounce miracle deposit into the COMEX silver "market".*****by Steve St Angelo of SRSrocco ReportSmart silver investors now hold more Silver Eagles than the total inventories at the iShares SLV ETF o...Read More

How many times do we need to PROVE SILVER MANIPULATION before it comes to an end? 10? 100? 1,000?? What happens when...by Bix Weir of Road to RootaHow many times do we need to PROVE SILVER MANIPULATION before it comes to an end? 10? 100? 1,000?? What happens when the REGULATORS are part of the Rigging Operation? Do we need a REVOLUTION to take back our Free Markets?!Click Here for CFTC Judge Paint...Read More

Base metals prices remained mixed on the London Metal Exchange at the 5pm close of trading on Wednesday July 28, with the month-end approaching and the market still waiting for signals of fresh direction from the US Federal Reserve bank."While we are very positive on the fundamentals [for copper] in the long term, we remain cautious in the short term due to the presence of macro headwinds," Fastma...Read More

Prices in the coking coal market in China held firm on Wednesday July 28 but climbed in the fob Australia market on increased buying interest, market sources said.Fastmarkets indicesPremium hard coking coal, fob DBCT: $215.55 per tonne, up by $1.25 per tonnePremium hard coking coal, cfr Jingtang: $315.76 per tonne, unchangedHard coking coal, fob DBCT: $182.41 per tonne, up by 0.50 per tonneHard co...Read More

We shouldn't be concerned about the short-term movement or weakness in the silver price because... by Steve St Angelo of SRSrocco ReportThe U.S. Financial System is heading towards an Epic Meltdown. At this time, most financial assets will lose value, even the U.S. Dollar. While the Federal Reserve has been able to prop up the U.S. Economy & Financial System, this isn't something that can go...Read More

Domestic prices for heavy steel plate in Italy moved down in the week ended Wednesday July 28 due to lower slab costs and competitive imports, sources have told Fastmarkets.Fastmarkets' price assessment for steel domestic plate, 8-40mm, exw Southern Europe, was ?,?950-970 ($1,122-1,145) per tonne on July 28, down by ?,?15-20 per tonne from ?,?970-985 per tonne on July 21.The assessment was based o...Read More

RAPAPORT... Kering reported solid jewelry sales during the first half of 2021, led by a recovery in Asia and strong demand for its Qeelin brand.The group's jewelry houses, which also include Boucheron and Pomellato, delivered an "outstanding performance" in all regions and across all channels, Kering reported Tuesday. "Our jewelry houses all posted sharp rebounds, with significant triple-digit inc...Read More

RAPAPORT... Petra Diamonds has recovered a 342.92-carat rough diamond from its Cullinan mine in South Africa, it said Wednesday.The white, type IIa stone, which is of "exceptional quality" in terms of both its color and clarity, will likely be offered at the company's upcoming September tender, Petra noted.Petra's revenue jumped 38% to $406.9 million last year, growth the company attributed to its...Read More

Base metals prices remained mixed on the London Metal Exchange at the 5pm close of trading on Wednesday July 28, with the month-end approaching and the market still waiting for signals of fresh direction from the US Federal Reserve bank."While we are very positive on the fundamentals [for copper] in the long term, we remain cautious in the short term due to the presence of macro headwinds," Fastma...Read More

(IDEX Online) - De Beers today said it sold $510m (provisional) of rough at Sight 6, as demand remained high, especially from the US and China.The figure is more than four times the $116m total for last July, in the depths of the pandemic, but more significantly it is more than double the $250m figure for pre-Covid July 2019.De Beers said it was still offering extra flexibility to sight holders, a...Read More

(IDEX Online) - The world's largest sapphire cluster - weighing 2.5 million carats, or more than half a ton - has been found by workers digging a well at the home of a gem trader in Sri Lanka.The pale blue stone (pictured) has been provisionally valued at $100m, although the quality of the stones inside the cluster is not yet known."The person who was digging the well alerted us about some ra...Read More

RAPAPORT... De Beers' sales momentum continued in July as demand strengthened and rough prices grew.Proceeds came to $510 million for the month, compared with $116 million a year earlier, the company reported Wednesday. The total was 7% more than in June and the highest since February."Our sixth sales cycle of the year has seen the continuation of good demand for rough diamonds, driven by str...Read More

(IDEX Online) - The woman accused of swapping $7.8m of diamonds for worthless pebbles told a court it wasn't her.  It was her dead sister.Lulu Lakatos, 60, is accused of posing as a gemologist called Anna in a sophisticated heist at the jeweler Boodles (pictured) in Mayfair, London.But she told a court it was her younger sister Liliana who had been involved in the crime in March 2016.&nb...Read More

RAPAPORT... Mining company Fura Gems is set to launch a trade organization aimed at unifying the colored-gemstone industry, debuting the group at the upcoming Las Vegas jewelry shows.The Fura Marketing Council (FMC) will have booths at both JCK Las Vegas and the American Gem Trade Association (AGTA) fairs, the miner said Sunday. It will support the sector by coordinating marketing, training a...Read More

The nickel briquette premium in the United States has essentially doubled since a strike began at Vale Canada at the start of June, reaching a new high.Fastmarkets assessed the nickel briquette premium, delivered Midwest US at 34-37 cents per lb on Tuesday July 27, up by 97.22% from 16-20 cents per lb on June 1.The current briquette premium range overtook the previous week's re...Read More

The main workers union at Escondida, the world's largest copper mine, has called on its members to reject BHP's last wage offer and vote for industrial action, the union said in a statement on July 28. "After analyzing the conditions of the last offer of Minera Escondida, controlled by Anglo-Australian BHP, it has been found that [the company] seeks to increase working times, decrease breaks, chan...Read More

Copper premiums in China continue their uptrend with an rise in buying and an improved arbitrage, while premiums elsewhere in the world were stable in the week to July 27.European premiums were stable due to approaching holiday season Premiums in the United States were stable despite Comex copper prices hikeLondon Metal Exchange stocks were at 230,225 tonnes on Wednesday, their highest since...Read More

Premiums for zinc continued to trade at high levels in Europe in the week ended Tuesday July 27, with demand still evident before the continent's August holiday period, while markets elsewhere continued unchanged.Zinc premiums in Europe remain highUnusual August demand seen in ItalyChina premiums stable.Northern Europe premiums steady at three-year highsZinc ingot premiums in Northern Europe were...Read More

Two of the biggest topics facing miners are electrification and automationSPONSOREDauto-mateZinc-lead discovery helps Zenith double market capSPONSOREDzenith mineralsHigh-grade Costerfield gold mine drives turnaroundSPONSOREDmandalay resourcesNZ heeds the call of Siren GoldSPONSOREDsiren goldReporting its results for the June quarter, the company said it produced 199,689t copper, up 18% from the p...Read More

Brazilian steel and iron ore producer Companhia Sider??rgica Nacional's (CSN) adjusted earnings before interest, taxes, depreciation and amortization (Ebitda) soared by 324.62% year on year due to higher steel and iron ore prices and sales volumes in the second quarter.In brief Sales of iron ore from CSN's mining division, CSN Minera????o, rose by 17.65% year on year during the quarter, to 9.11 mi...Read More