Finland's mining authority has granted Ireland's Karelian Diamond Resources (AIM: KDR) a four-year exploration claim in the Kaavi region, located in the eastern part of the country. This license provides the holder with an exclusive right to apply for a mining permit. The 28.84-hectare property is close to Karelian's Lahtojoki mining operation, which is en route to becoming the first diamond mine...Read More
Jan 24, 2018 Guest(s): Frank Holmes CEO, U.S. Global Investors Gold may have more than another $100 to rise, said Frank Holmes, CEO of U.S. Global Investors."Rates can rise," Holmes told Kitco News on the sidelines of the Vancouver Resource Investment Conference, "I really think that the CPI numbers are understated because of the factors they use for their model." Holmes said that using the mode...Read More
Weekly Reports |Jan 23 2018Inaction by the US government is assuring the uranium spot market is also as good as shut down.By Greg PeelIt is ironic, the analysts at uranium industry consultant TradeTech suggest, that the US government itself would shut down, given the US government has as good as shutdown the US uranium spot market.Last week, the US Federal Energy Regulatory Commission failed to ad...Read More
"The higher price of oil is going to really harm some weak players out there. The chain reaction always starts with somebody not being able to pay their debt back."Christopher Martenson is a former American biochemical scientist. Currently he is a writer and trend forecaster interested in macro trends regarding the economy, energy composition and environment. He is the founder of PeakProsperity.co...Read More
"The task force will examine the technological challenges and opportunities for expanding internet access and independent media in Cuba," Continue...Read More
"More New Yorkers have died from opioid overdoses than car crashes and homicides combined in recent years. Big Pharma helped to fuel this epidemic by deceptively peddling Continue...Read More
Many state legislatures kick off their 2018 sessions this month and that means continuing efforts to facilitate Continue...Read More
Australia's largest gold refiner, the Perth Mint, is creating its own cryptocurrency backed by physical precious metals.Continue...Read More
"You and I both know the odds are nothing. If I thought it was likely, I'd be there no question. I hesitate in part because of my gut sense and concern that there's no big there there," Continue...Read More
JOHANNESBURG (miningweekly.com) – Diamond major Alrosa has signed 67 long-term agreements for the sale of gem quality and industrial rough diamonds, 12 of which are agreements with Russian companies.Of the eight Russian companies that are buying rough diamonds from Alrosa, three are new clients – Aives, Diapur and Kristalldiam.AdvertisementThe new list comprises 22 companies registered...Read More
The International Diamond Week in Israel (IDWI), organized by the Israel Diamond Exchange (IDE) from February 5-7 will feature an auction of special large rough diamonds by ALROSA, a world leader in the production of gem-quality diamonds. The total carat weight of the auction is 1,905 carats, and includes a 37.38-carat diamond. More than 100 clients have already registered for the auction,...Read More
RAPAPORT... Damiani Group saw sales edge up in the fiscal first half as theItalian jeweler expanded its retail business in markets outside its homecountry. Total revenue climbed 0.2% to $85.7 million (EUR 69.9million) year on year in the six months that ended September 30, the companyreported last week. Retail sales increased 11% to $46.7 million (EUR 38.1million), outweighing a 10% slide in...Read More
Chrome ore and charge chrome import prices rose in China on Friday January 19 amid tight supply after mills failed to secure sufficient alloy supply for their steel-making needs, while domestic prices rose on New Year stockpiling. Ore and alloy prices continued to propel each other in ChinaFurther price strength predicted amid new round of stockpiling before Lunar New YearJapanese, South Korean p...Read More
Global ferro-vanadium markets experienced sharp gains once again this past week, with supply concerns continuing to support prices....Read More
The international trade committee of the European Parliament has now endorsed the political agreement on the modernization of the EU's trade defense instruments, the European Commission (EC) said on Tuesday January 23.The agreement was reached between the EC, the European Council and the European Parliament on December 5 last year.The changes to the EU's anti-dumping and anti-subsidy regulations w...Read More
Jan 24, 2018 Guest(s): Jeffrey Christian When troubles really hit the global economy, then expect silver prices to really take off, said Jeffrey Christian, managing partner for New York based CPM Group."The first half of 2017 will be a continuation of sideways trading for the silver market. We will have to wait till 2019 to move up more sharply," he said on the sidelines of the Vancouver Resour...Read More
Jan 24, 2018 Guest(s): Peter Schiff CEO, Euro Pacific Capital More people own bitcoin at a loss than at a profit, this according to Peter Schiff, CEO of Euro Pacific Capital.Speaking on the sidelines of the Vancouver Resource Investment Conference he said, "the number of people who bought into the market at $12,000 [a coin], $13,000, $14,000, is enormous...people had no idea what they were doing...Read More
Why gold, why nowGold is becoming more mainstream. Since 2001, investment demand for gold worldwide has grown 18% per year, on average. This has been driven in part by the advent of new ways to access the market, such as physical gold-backed exchange-traded funds (ETFs), but also by the expansion of the middle class in Asia, and a renewed focus on effective risk management following the 2008-2009...Read More
Continue...Jim Sinclair, aka "Mr. Gold," is a precious metals specialist and a commodities and foreign currency trader. He founded the Sinclair Group of Companies (1977), which offered full brokerage services in stocks, bonds, and other investment vehicles until they were sold in 1983. From 1981 to 1984, Mr. Sinclair served as a Precious Metals Advisor to Hunt Oil and the Hunt family for the liqui...Read More
RAPAPORT... The Company of Master Jewellers (CMJ) has appointed TerryBoot as its new CEO, it said Tuesday. Boot (pictured), previously the UK group's head of finance and businessoperations, has been acting as interim CEO since August, after the departure of10-year company veteran Willie Hamilton. "I stated at the AGM in August that our main businessobjective is to ensure we are putting the focus f...Read More