TSX Venture Exchange (TSX-V): GRG Frankfurt Stock Exchange (FSE): G6A OTCQB Venture Market (OTCQB): GARWF VANCOUVER, Oct. 31, 2018 /CNW/ - Golden Arrow Resources Corporation (TSX-V: GRG, FSE: G6A, OTCQB: GARWF), "Golden Arrow" or the "Company") is pleased to announce that the Company has entered into a Definitive Agreement (the "Agreement") to acquire up to 100% of the Indiana gold-copper p...Read More
By Craig HemkeA small move in price enables The Banks to lay the shorts right back on. Just three weeks ago, we warned you to ignore newsletter pundits who were claiming that one day soon, The Banks that operate on the COMEX will be long and on the side of the regular investor/stacker. As with all nonsense, this sentiment ignores reality. Before reading further, I urge you to read this post from...Read More
By David SmithLast month in this space, I penned an essay titled "Are Silver and Gold 'at the Flood'"?. A few weeks later, two other essays on another widely-read site discussed this topic from the same perspective and sourcing - a case of "great minds thinking along similar lines"?Please take time to read or review that Money Metals Exchange Post of August 28.I made the case of a misalignment i...Read More
By Avi GilburtI am starting to see evidence of serious stress from investors based upon the tone of the some of the comments I am seeing in my articles on the market. Well, at least from those who did not heed my warnings.In fact, even though I warned about this type of drop well before it happened, some investors were taking their anger out on me even though the market did exactly what I warned...Read More
Is it safe to go back in the water? Merely asking that question is to suggest that only an imbecile would dive fearlessly back in the drink. Even so, there are most surely enough imbeciles to keep stocks buoyant in the days or even weeks ahead. If they eventually are joined by panic-stricken bears as sometimes happens, we could see a rally capable of persuading otherwise sane folks on the sideli...Read More
(by Reuters from BOSTON, LBMA)The price of gold is expected to rise to $1,532 an ounce by October next year, delegates to the London Bullion Market Association's (LBMA) annual gathering predicted on Tuesday.Gold in USD (10 Years)A poll of delegates at the LBMA conference in Boston also predicted higher prices in a year's time for silver, platinum and palladium.Spot gold has had a difficult few m...Read More
SD Midweek: The question is whether the window is just now opening, or will it quickly slam shut? Here's some insight...President Trump sure is getting nervous, and if I'm right about my theory that the Globalists/Deep State plan to crash the stock market into the mid-term elections, then there is every reason for him to be nervous.As such, we did not just get one Tweet about the stock market yest...Read More
RAPAPORT... A blue diamond ring estimated at $9 million to$12 million will go under the hammer at Sotheby's Geneva auction on November 15alongside a roster of rare colored diamonds.The rectangular-cut, 5.04-carat, fancy-vivid-blue piece is oneofthree blue diamonds set to feature at the Magnificent Jewels and Noble Jewels sale.The auction will also include earrings containing a 2.61-...Read More
RAPAPORT... Bonhams's jewelry sale in Hong Kong will spotlight a rarenecklace featuring the largest collection of chameleon diamonds offered atauction, according to the company. The piece - which will lead the Rare Jewels andJadeite sale on November 25 - includes nine diamonds weighing atotal of 13.87 carats. The necklace carries a presale estimate of HKD 1.6million to HKD 3 million ($204,000...Read More
RAPAPORT... Gemfields has recovered a 5,655-carat emerald at itsKagem mine in Zambia, it said Monday. "The discovery of this exceptional gemstone is such animportant moment both for us and for the emerald world in general," said ElenaBasaglia, a gemologist at Gemfields in London. "We are experiencing strikinglyincreased demand for high-quality Zambian emeralds from the major brands,particularly in...Read More
RAPAPORT... Source-verification programs are poised to become a standard feature of diamond sales, with early adopters set to gain market share.The question of whether a diamond could be traced throughout the distribution chain initially met with some skepticism. Back in 2011, as rough production from Zimbabwe's controversial Marange fields was being cleared for export by the Kimberley Proces...Read More
RAPAPORT... Sears Holdings Corp. must pay suppliers for consignmentgoods its customers buy during the bankrupt retailer's closing-down sales,according to a court filing last week. Vendors, including diamond manufacturer Rosy Blue andjewelry supplier Vijay Gold Designs, had objected to the department store's previousclosure plans, as they feared Sears would sell off products they had shipped toit o...Read More
In line with its strategy of the early detection of large diamonds and reducing diamond damage, LSE-listed Gem Diamonds has approved the construction of a $3-million pilot plant, at Letšeng, in Lesotho, that will use innovative technology to identify diamonds within kimberlite ore and nonmechanical means of liberating the encapsulated diamonds.The pilot plant will be commissioned in the sec...Read More
(IDEX Online) - Gemfields said it has discovered a 5,655-carat emerald crystal which it says has "remarkable clarity and a perfectly balanced golden green hue" which it has named the 'Inkalamu', the Lion Emerald. Inkalamu was discovered at Kagem, the world's largest emerald mine, which is 75% owned by Gemfields and 25% by the Industrial Development Corporation of Zambia which belongs to the...Read More
Petra Diamonds has appointed former Diamond Trading Company CEO Varda Shine as an independent non-executive director with effect from 1 January 2019. The mining firm also appointed Bernard Pryor to the same position, saying that the appointments were made in accordance with the Nomination Committee's three year Succession Plan which is in line with Petra's development "from a phase of inten...Read More
PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedGalan Lithium scores coup in Argentina's 'Pilbara of lithium'SPONSOREDgalan lithiumWhite Rock sets cracking Alaska pace in first field seasonSPONSOREDwhite rock minerals The combined sector helped push the real gross domestic product (GDP) up for a seventh consecutive month, edging up 0.1% in August.StatsCan said growt...Read More
Amerigo MVC plant ramp-up on courseSPONSOREDamerigo resourcesThe higher grade scenario is focused on 54Mt grading 0.86% copper equivalent, with the scoping work due for completion this quarter.Xanadu will also now look at the potential of definin...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipPolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedGalan Lithium scores coup in Argentina's 'Pilbara of lithium'SPONSOREDgalan lithium The best intercept was 583m at 0.59g/t gold and 0.41% copper.Seabridge said it had intersected some "exceptional w...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 26 points in pre-opening trade.Index futures moved higher following release of the October ADP Employment report at 8:15 AM EDT. Consensus was 195,000 versus a revised 218,000 in September. Actual was 227,000Facebook gained $7.32 to $153.55 after reporting higher third quarter revenues. General Motors gained $2.61 to $...Read More
It's a good thing October is coming to an end. It's been a particularly lousy month for the markets. October has seen about $5 trillion in value erased from global markets.Reasons for that sell-off range from fear over Fed rate hikes, trade wars, elections and buyback "blackout" periods during earnings.Buyback blackouts are ending, which should provide markets some needed lift over the next month....Read More