Canada's Guyana Goldfields is set to invest $120 million to conduct underground gold mining for the first time in Guyana's history.In an event held Sunday in the South American country, the company's President and CEO, Scott Caldwell, said that by the end of the month he will provide the results of an ongoing feasibility study on underground mining at the Aurora Gold Mine. The project, 100%-owned...Read More
Miners operating in the Democratic Republic of Congo are pulling out the heavy artillery in their fight against the country's new mining code which, they say, will stifle investment in the copper and cobalt-rich nation.Today, Africa-focused gold producer Randgold Resources (LON:RSS) issued a press release saying its executives are engaging "at the highest level" with the Joseph Kabila government t...Read More
It looks like a hybrid between a golf cart and Wall.E. Its main function is to move through collapsing, rubble-strewn tunnels at mine sites to map them and analyze pollutants in groundwater.It can do what humans cannot: penetrate thousands of feet into a mountain, creep through very narrow areas with poor air quality and gather data of poorly understood subterranean flows, many of which contain to...Read More
RAPAPORT... Sales of jewelry and other luxury goods grew in both HongKong and China last year amid improved consumer sentiment. In Hong Kong, full-year sales of jewelry, watches, clocksand valuable gifts rose 5%, reaching $9.6 billion (HKD 75.05billion), the municipality's Census and Statistics Department reported last week. In mainland China,meanwhile, gold, silver and jewelry sales grew 6%...Read More
RAPAPORT... Improved production of large diamonds at the high-value Let??engmine in Lesotho drove an increase in Gem Diamonds' sales in 2017. Sales jumped 12% to $206.8 million for the year, the minersaid Friday. While the overall sales volume slipped 2% to 107,152 carats,higher recoveries of large diamonds fueled a 14% rise in the average price to$1,930 per carat. The company, which ow...Read More
RAPAPORT... Bonhams has appointed Tim Bourne (pictured) as international directorof watches for Asia, where he will begin work at the end of February, the auctionhouse said last week. Bourne's "trackrecord of success and proven business acumen will help us establish and buildour presence among watch collectors in southeast Asia and the Far East," said Matthew Girling, global CEO for Bo...Read More
RAPAPORT... The Indian government has increased import taxes on polisheddiamonds to 5%, prompting criticism from the Gem & Jewellery ExportPromotion Council (GJEPC). The levy applies to cut and polished diamonds, both natural andlaboratory-grown, and to colored gemstones, Finance Minister Arun Jaitley saidin a budget speech Thursday. The new rate - up from 2.5% - is one of severalchanges to cu...Read More
Had fun riffing on this tune, thinking back how much I loved exploring the woods growing up in Oregon.Read More
John Kaiser of Kaiser Research explains why he thinks we could see a big move upward in the gold price in 2018. He also touches on stocks and other metals in this interview.Watch the video, or click the links above to jump to specific parts of the discussion.0:28 - thoughts on the resource space from January 2016 to the present.5:10 - how bitcoin and cannabis are impacting commodities prices and s...Read More
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Remastered.The Best Trap \\ Phonk \\ Experimental bass mix series in existence. w/ anime , gaming , Japanese and 420 influenceVideo Credits: Shibuya Night Walk footage -Rambalac : https://www.youtube.com/user/RambalacThumbnail Artwork: Westley Bench?-??-?TRACKLIST?-??-?sc: https://soundcloud.com/ryan-celsius/t...---------------------------------0:00 golden xzzoskeleton - ?~? ????,'?? 1/2 ??,,??Read More
The gold price was down for the first time this year after the release of the latest US jobs data. Silver, copper and oil were also down for the week.Read full newsRead More
DUBAI, Feb 4 (Reuters) - Here are some factors that may affect Middle East stock markets on Sunday. Reuters has not verified the press reports and does not vouch for their accuracy. INTERNATIONAL/REGIONAL* GLOBAL MARKETS-Stocks plunge as U.S. jobs data spikes bond yields * MIDEAST STOCKS-Gulf mostly firm but surprise Q4 loss hits Saudi's Ma'aden * Oil falls on strong dollar, stalling rally that o...Read More
This week for Bitcoin, Bonds, and Bullish stockholders...Read full newsRead More
FRANKFURT, Feb 3 (Reuters) - German chipmaker Infineon sees no need to spin off or list any of its units, its chief executive told a German weekly when asked whether that would be a possible way of raking in cash."Infineon's setup enables the interaction of various competences in a very good way. Therefore, there is no need to give individual units their own access to the capital market,"...Read More
(Refiles to make clear interview with minister was in person, not on the phone, fixes typo in second reference to Koroma)FREETOWN, Feb 2 (Reuters) - Sierra Leone's finance minister on Friday played down a decision by the IMF to delay a disbursement because of the West African country's failure to improve revenue collection, saying the fund would return in May to discuss the programme.The IMF said...Read More
(Refiles to make clear interview with minister was in person, not on the phone, fixes typo in second reference to Koroma)FREETOWN, Feb 2 (Reuters) - Sierra Leone's finance minister on Friday played down a decision by the IMF to delay a disbursement because of the West African country's failure to improve revenue collection, saying the fund would return in May to discuss the programme.The IMF said...Read More
Stellar Diamonds was by far and away the top riser in London this week after the junior miner told investor investors it is in "advanced negotiations" over a possible takeover offer from Newfield Resources.AIM-listed Stellar said the possible bid, as it currently stands, would see each shareholder receive approximately 0.76 of a Newfield share for each Stellar share held.Given Aussie-quoted Newfie...Read More
Marlin Gold Mining Ltd (TSXV:MLN), a metals and mining company based in Canada, received a lot of attention from a substantial price increase on the TSXV over the last fewRead More...Read full newsRead More