Democratic efforts to impeach President Trump for a second time are well underway, with a senior Democratic lawmaker telling Bloomberg that a House vote on articles Continue...Read More
'[We] need to revolutionize the world's physical economy - and that will take, among other things, a dramatic infusion of ingenuity, funding, and focus from the federal government. No one else Continue...Read More
Over the past decade, the world has watched China import massive amounts of gold, despite their official figures rarely being updated.But how much gold does China really have? The answer I got from the incredibly well-researched "London Paul" of The Sirius Report might shock you, and to find out what he said, click to watch the video now!Read More
"There's a big fundamental shift for many investors," Moya said. Gold's safe-haven trade has taken a backContinue...Read More
The thing that most likely raisedquite a few eyebrows this week was – in addition to gold’s recent move byitself – the fact that gold rallied mostly without the dollar’s help. Yesterday(Jan. 5) I wrote that one swallow doesn’t make a summer and that a singlesession rarely changes much.We didn’t have to wait for long – thesituation seems to be getting back...Read More
Here are five Fastmarkets stories you might have missed on Friday January 8 that are worth another look.ArcelorMittal has increased its official spot offer prices for coil products across Europe by ?,?30-50 ($37-61) per tonne effective immediately, sources told Fastmarkets on January 8.Freight Investor...Read More
Here are five Fastmarkets stories you might have missed on Friday January 8 that are worth another look.ArcelorMittal has increased its official spot offer prices for coil products across Europe by ?,?30-50 ($37-61) per tonne effective immediately, sources told Fastmarkets on January 8.Freight Investor...Read More
RAPAPORT... The UK's departure from the European Union has altered the way British diamond businesses trade with important centers such as Antwerp, as well as with markets around the world. The impact stretches from new Kimberley Process procedures to updated rules on value-added tax (VAT).These changes went into effect when the UK left the EU customs union and single market on December 31, 2...Read More
RAPAPORT... What a difference a year makes. The modus operandi of the diamond and jewelry trade was vastly different at the end of 2020 than at the start. That's a good thing, as the changes had been brewing for some time but had lacked momentum pre-coronavirus. Such developments as the digitization of business, the emphasis on corporate social responsibility, telling the "diamonds do good" s...Read More
(IDEX Online) - South Africa's state-owned diamond company is under investigation in an inquiry into systemic political corruption.It focuses on alleged links between Alexkor and members of the super-wealthy Gupta family, who were close to former president Jacob Zuma, now live in Dubai, and who have been described by the US Treasury as "members of a significant corruption network".One of the...Read More
(IDEX Online) - A retired businessman who sued his children for the return of 122 gold bars has lost his case.Soemarto Sulistio, 87, a timber logging millionaire from Hong Kong, bought the 1kg bars jointly with his wife Soemiati in 1989.Their relationship broke down in 2012 and he transferred full ownership to her in 2016, a court heard.She died a year later and he discovered she'd left them...Read More
As 2021 begins, the Covid-19 pandemic has left no part of Canada untouched, with cases reported in every province and territory, though at press time only the Northwest Territories (NWT) and Prince Edward Island had reported no deaths related to the coronavirus.However, the economic impact caused by the pandemic continues to wreak havoc in all regions of the country. And for jurisdictions like the...Read More
Developing new mining legislation, creating a water use tax and completing the Yukon's six outstanding land use plans in the next five years are among the substantial list of recommendations made by the independent panel in charge of the territory's mineral development strategy.The panel's final report, released Dec. 28, contains 79 recommendations meant to guide future mineral development in the...Read More
Is it time to worry about food inflation? Read full newsRead More
The friendly deal hands EquinoxPremier's interest in the Hardrock project in Ontario, as well as the Mercedes mine in Mexico and the Hasaga and Rahill-Bonanza properties in Red Lake, Ontario.Read full newsRead More
The friendly deal hands EquinoxPremier's interest in the Hardrock project in Ontario, as well as the Mercedes mine in Mexico and the Hasaga and Rahill-Bonanza properties in Red Lake, Ontario.Read full newsRead More
Although the market crash rhetoric is getting louder, the continued bull market arguments are also equally blaring. If you are sitting on some cash, consider putting it in these TSX stocks for the long term.Maxar TechnologiesAs SaaS (Software-as-a-Service) stocks have been riding high for the last few years, the next decade will likely be dominated by space technology companies. The sector, which...Read More
Last year was volatile for the stock market. Gold and energy, in particular, experienced substantial impacts from the COVID-19 pandemic. What’s ahead for gold and energy stock in 2021 is anyone’s best guess.Here are three gold and energy stocks to watch in 2021.Barrick Gold stock’s bull run ran out of steamBarrick Gold (TSX:ABX)(NYSE:GOLD) might have had a great year during 2020,...Read More
I was pretty surprised when the stock market rallied in the face of last week’s unrest in Washington. Maybe I underestimated the strength of this rally. While there’s no question that the markets are coming in hot and need a healthy correction, there’s really no telling when the next market plunge will be. Genius billionaire investors like Carl Icahn and some brilliant people on...Read More
Here are five Fastmarkets stories you might have missed on Monday January 11 that are worth another look.Brazilian flat steel producers have applied price increases of around 15% on sales to distributors, motivated by high raw materials costs and sustained higher steel prices globally.Read More