Sheahan Diamond Literature Reference CompilationThe Sheahan Diamond Literature Reference Compilation is compiled by Patricia Sheahan who publishes on a monthly basis a list of new scientific articles related to diamonds as well as media coverage and corporate announcements called the Sheahan Diamond Literature Service that is distributed as a free pdf to a list of followers. Pat has kindly agreed...Read More
Wall Street is braced for heavy selling at the opening bell Wednesday as global investors fret over an escalating trade war after a key economic adviser to President Donald Trump abruptly left the White House yesterday after failing to convince him to reverse plans for import tariffs on steel and aluminium. Gary Cohn's departure from the Trump Administration sent markets in Asia lower and Europe...Read More
The latest news and price moves to start the Asian day on Thursday March 8.Base metals prices on the London Metal Exchange slumped by the 5pm close on Wednesday March 7, with a sell-off spurred by uncertainty stemming from the latest developments over the United States' Section 232 probe. Read more in our live futures report.Here are how LME prices looked at Wednesday's close:Europe's largest copp...Read More
Published on: Mar 8, 2018 | by finfeedAlloy Resources (ASX:AYR) has reached an agreement with Jindalee Resources (ASX:JRL) to acquire an Option to purchase an exploration licence application within the highly prospective Millrose Greenstone Belt.Exploration licence application 53/1962 ("ELA") is adjacent to AYR's Horse Well Gold Project, which is situated in the north eastern goldfields of Western...Read More
After a great run from $1,242 per ounce on Dec. 11, 2017, to $1,365 per ounce on Jan. 25, 2018, a 10% gain in six weeks, gold has settled into an up-and-down sideways pattern in the six weeks since.The sideways range has stayed between $1,305 and $1,356 per ounce with two rallies and two drawdowns. Gold marked time at $1,322 per ounce at the beginning of this week, close to the midpoint of this re...Read More
S.S. Trump loses its economic helmsman...Gary Cohn - lifelong Democrat, Goldman man and Trump's chief economic adviser - is deserting his post.Cohn is widely considered the force behind Trump's tax cuts.Absent Cohn's steady rudder... many fear the economic ship will take a perilous heading.Trump's trade warriors like adviser Peter Navarro will rise in his place.Protectionism and a global trade war...Read More
In early January, the world got the first peer-reviewed look at what could be the future of medicine.Specifically, I'm referring to the discovery of a new gene therapy treatment that controls embryonic healing processes.The genes that built you in the womb are still in your genome as an adult. And they can be reactivated to rebuild organs and tissues to their original youthful health.This could en...Read More
As I told you on Tuesday, I've been doing my own taxes for the last couple decades. And over that time, I've also done my fair share of moving around.The end result is that I've learned first hand what a difference various state tax systems can make to someone's overall financial picture.For example, when my wife and I lived in New York City, we suffered under aggressive state - and city! - tax ra...Read More
Nine years ago, everyone gave up on the stock market.The major averages were sliced in half. Cash was the market's only haven. After enduring a harrowing season of never-ending crashes during the heart of the 2008 financial crisis, stocks were once again falling off a cliff in March 2009.That's when everything changed.On Tuesday, March 6, 2009, the S&P 500 etched its intraday low - an ominous...Read More
“Oh yeah? Well, I’m going to charge you extra for every piece of steel you send our way!”“Really? Try this: We’re not going to sell any more Harley Davidson’s in our country!!”“Fine!! See how you like it when we don’t buy any of your fancy BMW’s or Audi’s!!!”“Well in that case, we’re going to ban Levi’s jeans...Read More
Key event details:Gold- All that Glitters11th March 2018 12.15 -12.55Gold has come to prominence of late, either as an underlying asset or an asset class in itself. We take a closer look at recent financial products structured on or around gold and ask if the upward trend is set to continue. Moderator: Mohammed Paracha, Partner, Head of Islamic Finance - Middle East & Africa, Norton Rose...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterThe TSX Venture Exchange dropped 11.63 points to 831.94 Wednesday. Roger Daher's Skyscape Capital Inc. (SKY) completed its qualifying transaction yesterday, following an initial public offering of $500,000 at 50 cents. The stock has ye...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business ReporterNew York spot gold fell $9.30 to $1,324.90 on Wednesday. The TSX Venture Exchange lost 11.63 points to 831.94 while the TSX Gold Index fell 3.89 points to 181.95. Klondex Mines Ltd. (KDX) led Canadian gold miners lower today, dropping...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Will PurcellThe diamond and specialty minerals stocks box score for Wednesday was a poor 59-94-137. The TSX Venture Exchange fell 11 points to 831 while rough diamond prices gained 0.2 per cent. Lukas Lundin and Eira Thomas's Lucara Diamond Corp. (LUC) traded act...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Mike CaswellThe Alberta Securities Commission has found against a Calgary man and his assistant for an 11-year fraud that raised at least $137-million. The ASC says that the man solicited investors on the basis that they would be putting their money into instrume...Read More
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:by Stockwatch Business Reporter West Texas Intermediate crude for April delivery gained three cents to $62.60 on the New York Merc, while Brent for May gained 25 cents to $65.79 (all figures in this para U.S.). Western Canadian Select traded at a discount of $24.30...Read More
The latest news and price moves to start the Asian day on Thursday March 8.Base metals prices on the London Metal Exchange slumped by the 5pm close on Wednesday March 7, with a sell-off spurred by uncertainty stemming from the latest developments over the United States' Section 232 probe. Read more in our live futures report.Here are how LME prices looked at Wednesday's close:Europe's largest copp...Read More
Northern Star Resources (ASX: NST) announced today that it has agreed to pay Westgold Resources (ASX: WGX) $62.6 million for the South Kalgoorlie mine, located about 50 kilometres from its Kundana operations in Western Australia.In a press release, Northern Star explained that the acquisition comprises the project's operating processing facility, which has an annual throughput capacity of 1.2 mill...Read More
India is planning a tenfold increase in uranium production over the next 15 years, Minister of State Jitendra Singh told the country's parliament yesterday. State company Uranium Corporation of India Ltd (UCIL) has outlined expansion plans to meet the Department of Atomic Energy's (DAE) vision of achieving self-sufficiency in uranium production.In answer to questions in the Lok Sabha, Singh said U...Read More
Aluminium's three-month price recovered above $2,100 per tonne at the 5pm close on Thursday March 8, with all eyes on the United States' expected tariff announcement. President Donald Trump is expected to announce the official Section 232 import tariffs after 8pm London time, which held the aluminium three-month price steady throughout the day. It closed $8 higher at $2,106 per tonne. Tin was the...Read More