Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
CNN, Released on 5/17/22Read more on this story here:https://www.cnn.com/2022/05/17/politics/house-ufohttps://www.dailystar.co.uk/news/weird-news/new-ufo-footage-released-navy-26989029New UFO footage released by Navy Intelligence director showing craft hurtling past plane added by Herman James on 05/17/2022View all posts by Herman James ?+'Read More
Arcadia Economics, Released on 5/18/22The silver price has finally stabilized this week after a rather brutal selloff over the past month. But is that it? Or is there more selling on the way? And what actually caused the recent selloff? To discuss those questions, as well as how the Fed's latest set of rate hikes is likely to impact the silver price going forward, technical expert Michael Oliver j...Read More
Schiff Gold, Released on 5/18/22The last time a cash savings account yielded enough interest income to beat inflation was in 2007.Continue... The Fed Has Destroyed Our Savings added by Herman James on 05/18/2022View all posts by Herman James ?+'Read More
Millions of tonnes of mining waste could be converted to usable minerals with a new bioleaching process at a plant expected to open this summer in Ontario.A new bioleaching pilot plant using BacTech Environmental Corp.'s (BAC:CSE;BCCEF:OTC;OBT1:FRA) process for recovering nickel, cobalt, iron, and sulfur from millions of tonnes of Ontario mining waste is expected to start operating this summer, th...Read More
Sometimes the pieces all come together at the right time. One B.C.-based junior explorer just secured a long-held asset from a major producer in a low-cost, all-equity deal. Now the junior plans to develop and de-risk that copper-gold property into something that rivals its neighbor to the north and others in the district.Trailbreaker Resources Ltd. (TSX-V: TBK;OTC: APRAF;FRA: KCG) has struck a j...Read More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.Kropz set to fly after false startSPONSOREDkropzPredictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryDrill hole 22TK0380 set a new record at the Tamarack project, with 23.44 meters of massive sulphide nickel and copper mineralization, the...Read More
The greater exposure to copper will start with production from its majority-owned Quebrada Blanca 2 (QB2) copper operation in Chile in the fourth quarter and further planned mines in Mexico andRead More
RAPAPORT... The London Diamond Bourse (LDB) has elected David Troostwyk as vice president in a shakeup of its leadership team.Troostwyk, director of polished-diamond company Salotro, is already a member of the UK exchange's board and works closely with the Young Diamantaires group.The election took place on May 12 at the bourse's first in-person annual general meeting (AGM) since 2019, it sai...Read More
RAPAPORT... De Beers' rough sales strengthened in May as the miner benefited from strong consumer demand, with proceeds reaching higher levels than normal for the time of year.The company grossed $604 million at its fourth sales cycle of the year, which included last month's sight in Gaborone, Botswana, it reported Wednesday. The figure was 57% higher than the $385 million it brought in durin...Read More
RAPAPORT... Lucapa Diamond Company has recovered a 204-carat rough from its Mothae mine in Lesotho, the second-largest high-quality stone it has found at the deposit.The white diamond is the third stone over 200 carats the miner has unearthed since it began commercial operations at the site in 2019, it said Wednesday. It discovered a 215-carat, D-color, type IIa rough in February 2021 and a 220-ca...Read More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixKumtor deal paves way for ChaaratSPONSOREDchaarat gold holdings ltd.Kropz set to fly after false startSPONSOREDkropzPredictive Discovery to forge a golden future in GuineaSPONSOREDpredictive discoveryProduct shipments from the plant had resumed, the firm said.Read More
RAPAPORT... US retail sales grew in April amid holiday spending, increased wages and higher tax refunds.Revenue rose 0.9% from the previous month, versus a 1.4% increase in March, according to data the US Census Bureau released last week. April sales climbed 6% compared with a year earlier."April's retail sales data is encouraging because it shows consumers are taking higher prices in stride and r...Read More
(IDEX Online) - Harrods, the landmark department store for the super-rich, in Knightsbridge, London, will no longer sell expensive jewelry, watches or other luxury goods to Russian customers.It has contacted all customers on its database with a Russian address, warning them they can no longer buy items priced at over ?, ?300 ($370) because of UK sanctions."The UK authorities have introduced furthe...Read More
(IDEX Online) - Indian manufacturers are working short weeks or closing their factories altogether as supplies of Russian diamonds run out.The rough supplied in normal times by Alrosa - mostly smaller stones - accounts for 40 per cent of their needs (by volume), but Surat is now feeling the full force of sanctions and banking restrictions.There will also be an inevitable knock-on effect in the US,...Read More
(IDEX Online) - Lucapa has announced the recovery of a 204-carat diamond at its Mothae mine, in Lesotho.It's the eighth +100 carat diamond, and third +200 carat, to be recovered since commercial mining started there in January 2019.The Australian miner owns 70 per cent of the kimberlite mine, the remainder belongs to the Government of the Kingdom of Lesotho.Mothae is the world's highest...Read More
(IDEX Online) - De Beers today announced 4th cycle rough sales of $604m, a year-on-year increase of 56 per cent.The UK-based miner said demand remained strong, but faced possible threats from Covid lockdowns in China, and sanctions on Russia for its invasion of Ukraine.It was De Beers' second full sales cycle since the US and EU sanctioned Alrosa, part-owned by the Russian government, and its...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 28 points in pre-opening trade.Equity index futures were virtually unchanged following release of U.S. April Housing Starts at 8:30 AM EDT. Consensus was a slip to 1.783 million units from 1.793 million units in March. Actual was a drop to 1.72 million units.The Canadian Dollar was virtually unchanged at US78.04 cents...Read More
I don't believe many people grasp the enormity of the global food crisis we'll be facing in the months ahead. But the world could be on the verge of a massive humanitarian crisis. Let's dive in...The supply chain collapse preceded the war in Ukraine, but the war has only intensified the problems. You can see it with your own eyes when you walk into a supermarket and find long stretches of empty sh...Read More
Banyan Gold (TSXV: BYN) has delivered a mineral resource update on its flagship AurMac property nestled in an emerging mining district of the Yukon between Alexco Resource Corp's (TSX: AXU) Keno Hill mine and Victoria Gold's (TSX: VGCX) Eagle gold mine.CEO Tara Christie tells The Northern Miner on the Vancouver Resource Investment Conference (VRIC) sidelines that the project is living up to expect...Read More
TDG Gold (TSXV: TDG) has published an initial resource estimate for the former producing Shasta gold-silver mine in north-central B.C. following the conclusion of its 2021 drill program, which confirmed the historic drilling results on the property since 1983. The resource amounted to 22 million tonnes averaging 0.79 g/t gold and 26.7 g/t silver in the inferred category.The resource is restricted...Read More