CloseGain/LossGold $1226.40-$4.10Silver$14.52-$0.12XAU66.31-1.24%HUI147.83-1.33%GDM541.35-0.52%JSE Gold1137.32-24.70USD96.28-0.06Euro114.16+0.05Yen88.23-0.18Oil$62.21-$0.8910-Year3.219%+0.018T-Bond137.28125-0.28125Dow25635.01+0.68%Nasdaq7375.96+0.64%S&P2755.45+0.63% The Metals: Gold gained $5.40 to $1235.90 in London before it fell to as low as $1223.60 in early afternoon...Read More
Chemesis International Inc. (CSI:CSE)(CADMF:NASDAQ), has made a bold and strategic move by acquiring 100% of La Finca Interacviva-Arachna Med.La Finca has access to over 1000 acres of outdoor cultivation land and is aggressively exploring opportunities to expand. Currently, La Finca has relationships with over 2,000 farming families across Colombia through various co-ops that comprise its land pac...Read More
Harvey is reporting on a lot of activity going on with silver at the COMEX. There is a gigantic amount of silver standing for delivery. Here are the details...by Harvey Organ of Harvey Organ BlogNOV 5/MARKETS SURGE ON LATEST RASMUSSEN POLL WHICH GIVES THE REPUBLICANS IN THE LEAD AND THEY CLAIM REPUBLICANS WILL TAKE BOTH HOUSES/GOLD DOWN $1.05 TO $1230.70.SILVER DOWN 9 CENTS TO $14.65/QUEUE JUMPING...Read More
Peter KrauthThe price of silver struggled in the early part of last week as the dollar gained and stocks retreated.Silver prices gave back about 2.6% in just two days. That would be a short-term blip, with silver quickly regaining all those losses in the next two days.October was brutal to stocks, with major indexes losing anywhere from 11% to almost 15%. By contrast, the silver price was down jus...Read More
RAPAPORT... Pandora has lowered its revenue expectations for the thirdtime this year following a disappointing quarter, and will implement a new programto cut costs. The Danish retailer had an "unsatisfactory" third quarter,with global sales down 4% year on year to DKK 4.98 billion ($761.5 million). Theretailer has therefore reduced its full-year revenue-growth outlook to between2% and 4%, fr...Read More
RAPAPORT... Chinese e-commerce giant Alibaba will collaborate with theAntwerp World Diamond Centre (AWDC) to bring Belgian diamonds to Chineseconsumers. Through the partnership, Shape of Antwerp diamonds will besold exclusively on the Chinese retailer's Tmall online marketplace. "Chinese consumers love Antwerp diamonds, and China is thesecond-largest market in the world for polished diamonds...Read More
RAPAPORT... Lev Leviev faces questioning over diamond-smugglingallegations that have led to six of his relatives and employees being arrested,according to reports.Israeli police detained Zevulun and Moshe Leviev, thetycoon's son and brother, who ran a factory that Lev Leviev owned, according toThe Times of Israel. The other four suspects held senior positions in thetycoon's companies, the report s...Read More
RAPAPORT PRESS RELEASE, November 6, 2018, New York... Polished-diamond prices softened in October as inventory levels rose ahead of the Diwali festival. Despite the decline, sentiment improved, with expectations growing for the US holiday season. The RapNet Diamond Index (RAPI?,,?) for 1-carat diamonds fell 0.9% in October. The index was up 1.3% since the beginning of the year and 0.7% from a year...Read More
(IDEX Online) - CIBJO, the World Jewellery Confederation, has been certified as being carbon neutral in 2017, the fifth straight year that offset its greenhouse gas emissions through the purchase of carbon credits. It did so as part of the CIBJO Greenhouse Gas Measurement Initiative that was launched several years ago to promote environmental consciousness and responsibility in the jewelry...Read More
RAPAPORT... Global demand for gold jewelry rose 6% year on year to 535.7tonnes in the third quarter, as reduced prices drove consumer purchasing, theWorld Gold Council (WGC) said. Orders for gold jewelry in India climbed 10% to 148.8 tonnesin the three months ending September 30, as the price of gold dipped to itslowest level since January. In addition, the sharp growth was also due to relati...Read More
(IDEX Online) - The third quarter of 2018 was unsatisfactory and group revenue decreased 3% in local currency due to timing of shipments, change of inventory levels in the wholesale channel and negative total like-for-like, the jewelry-maker reported. Due to the unsatisfactory Q3 2018 performance, a lower than expected tailwind from forward integration as well as a weak start to the fourth...Read More
(IDEX Online) - Lucapa Diamond Company and its partners have announced the discovery of a new alluvial source of large and premium-value diamonds at the Lulo diamond project in Angola. "To date, the diamonds mined from Lulo - the world's highest average US$ per carat alluvial production - have been sourced predominantly from the terrace deposits along the Cacuilo River valley," Lucapa said....Read More
(IDEX Online) - The Antwerp World Diamond Centre and the Alibaba Group have signed an exclusive partnership to offer Antwerp certified diamonds to Chinese consumers via Alibaba's B2C marketplace, Tmall. The cooperation agreement was signed in the framework of the first China International Import Expo (CIEE), which is being held this week in Shanghai, the AWDC said. The Antwerp diamo...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipDR Congo: Is government intervention the real risk to watch?SPONSOREDverisk maplecroftBezant's Mankayan back in copper-gold spotlightSPONSOREDbezant resourcesThe Toronto-listed company acquired the project from Australia-based Condor Resources in January and since then has...Read More
The Chinese Ministry of Commerce has added its stamp of approval to the proposed friendly merger, which Zijin would use in combination with the previously received National Development and Reform Commission nod to apply for final approval from the Chinese State Administration of Foreign Exchange department.The substantial deal is not subject to financing conditions and no specific closing date has...Read More
Expect more ebb and flow in risk sentiment The run up in prices at the end of last week was triggered by hopes that a US-China trade deal may be arranged before too long. We have seen this before as hopes are briefly raised. But, once again, the improvement in sentiment was short-lived. However, it is a reminder of how metal prices are being held down by risk-off sentiment in large part due to ong...Read More
LME prices down to their lowest...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon a...Read More
Aluminium LME aluminium prices continue to consolidate ahead...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus d...Read More
In this weeks analysis, we identify...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue...Read More
36,275 tonnes of cancelled warrants...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as so...Read More