Face it, this monster could veer wildly in either direction right now, and even an Einstein could not confidently predict which. My heart's desire is to see the S&Ps plunge into the molten pit of hell by summer. The 2313.00 target shown suggests that, at least from a technical standpoint, this is possible. Presumably, the years-overdue collapse would drive out the crooks who have rigged shares...Read More
MOSCOW – Russian State-controlled diamond producer Alrosa said on Friday its 2018 net profit rose 15% to 90.4 billion roubles, as a fall in sales volume was offset by stronger global prices.Though sales volume fell by 8% year-on-year, stronger pricing, particularly in the first half of 2018, meant sales by value increased by 6% to $4.4-billion, Alrosa said.AdvertisementThis helped to lift re...Read More
Aim-listed BlueRock Diamonds on Friday said it was finalising preparations for the move to continuous operations at its Kareevlei diamond mine, in Kimberley, South Africa.The company said that although this was later than had initially been anticipated, it would not have any material impact on the published production guidance of 35 000 t to 45 000 t for the first quarter.AdvertisementBlueRock exp...Read More
GABORONE – Botswana's Debswana Diamond Mining, a joint venture between De Beers and the southern Africa country's government, aims to keep production at around 24-million carats this year, its managing director said on Friday.Debswana lifted diamond output by 6 percent to a four-year high of 24.1-million carats in 2018, buoyed by strong demand from the United States, China and India....Read More
PERTH (miningweekly.com) – An 83 ct diamond has been recovered from the Mothae kimberlite project, in Lesotho.ASX-listed Lucapa Diamond Company on Friday said that the diamond was the fourth stone measuring larger than 50 ct to be recovered from Mothae to date, and while the 83.9 ct diamond was not considered gem-quality, it continued to underline the large-stone nature of the resource.Adver...Read More
Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsAlara, which has been active in the Middle East since last decade, said the debt funding was from Doha-headquartered SAMA Global Investment.Read More
Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsThe Montana Department of Environmental Quality this week released the draft environmental impact statement, which outlines the final permitting steps required.Read More
Three-month base metals prices on the London Metal Exchange were mixed this morning, Friday March 15, with copper, aluminium and nickel up by an average of 0.6%, while zinc, lead and tin were down by an average 0.6%. Three-month copper was recently quoted at $6,449 per tonne, up by 1% compared with Thursdays close at $6,385 per tonne. Volume was significantly above average, with 19,661 lots...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 13 points in pre-opening trade. Oracle (ORCL $53.05) is expected to open lower after releasing lower than consensus fiscal fourth quarter earnings guidance.Broadcom (AVGO $268.20) is expected to open higher after reporting higher than consensus fiscal first quarter earnings. Adobe (ADBE $267.69) is expected to open low...Read More
Yesterday we documented our personal frustrations with contemporary technology.Today we file a protest against contemporary money.We begin with the "evolution" of United States currency…We refer you to this $10 bank note, dated 1928:In those antique days, a fellow could march into a bank, hand the clerk a slip of paper as illustrated above and demand the denominated amount in gold coin.The s...Read More
You've heard the saying when it comes to trading stocks: buy low and sell high. The same strategy applies to making money buying items in stores. This is called retail arbitrage, and it can make you a small fortune pretty quickly if you know how to do it right.E-commerce revenues are projected to grow to 4.88 trillion US dollars in 2021. If that number sounds high, consider that Amazon is already...Read More
Hooman Vatankhah, a PhD student in civil and environmental engineering at Colorado School of Mines, is the 2019 winner of the American Water Works Association Austin F. McCormack, Jr., Award.Named after a pioneer in membrane treatment and a life member of AWWA, the award recognizes a young professional who has made notable and outstanding contributions in water reliability, water quality, new dire...Read More
Despite centuries of local mining history, the northern Andes remain under-explored by modern standards, and the region stands as one of the favourite destinations of the world's mineral explorers. Here is a look at eight Canadian-based juniors active in Colombia, Ecuador and Peru. LUPAKA GOLDVancouver-based Lupaka Gold (TSXV: LPK; US-OTC: LPKGF) says its priority is advancing to production its In...Read More
Global Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corp"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftAlkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesWestern Atlas drill-ready in NunavutSPONSOREDwestern atlas resourcesAt least, according to the rationale...Read More
The following is an edited excerpt from the report "State of mineral finance 2019: At the crossroads," produced by the Prospectors & Developers Association of Canada (PDAC) and Oreninc. For the full report, visit www.pdac.ca.From a broad perspective, global mineral exploration activity expanded in 2018, maintaining the positive trajectory established in 2017 after a multi-year contraction in activ...Read More
Investors, especially in Europe, should be stockpiling gold now to protect against currency devaluation, said Frank Holmes, CEO of U.S. Global Investors."What's also interesting is why gold's above $1,300 [an ounce] is seeing the amount of debt that's offering negative real interest rates, it's $9 trillion," Holmes told Kitco News._________________________________________________________________Ki...Read More
At PDAC 2019, Frank Holmes shared some of his personal journey regarding how he became the CEO and chief investment officer of U.S. Global Investors.Frank also offered insights on successful resource investing and discussed two companies he is currently investing in.Furthermore, as a veteran resource industry professional, Frank shared advice for the younger generation of resource investors and pr...Read More
In the second round of THE PLAYERS Championship 2019, Tommy Fleetwood turned in a 5-under 67, getting him to 12-under for the tournament to enter the weekend in a tie atop the leaderboard with Rory McIlroy.SUBSCRIBE to PGA TOUR now: http://pgat.us/vBxcZShTHE PLAYERS Championship is contested in Ponte Vedra Beach, FL. Reigning champion Webb Simpson returns to defend his title, teeing up in March fo...Read More
Music video by Tommy Lee Sparta performing Taboo (Official Animated Video). Produced by Silver Birds Records.Directed by: Antoine Chunghttp://vevo.ly/MXW9s4#TommyLeeSparta #Taboo #SlowNSexyRiddimRead More
Tommy Robinsonannoyed at Reporter for asking him about the New Zealand Tragedy - 'Your Journalism is Disgusting!- Cambridge Court Case Day 4. Filmed by Liam Galvin -Excuse the Wind NOISE!Read More