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
LPI was forced to make a statement after news it had appointed Canaccord Genuity as its financial adviser and Ashurst Australia as legal adviser to support it in talks with the miner leaked admit aRead More
Glencore holds a 49% stake in Koniambo, with the remainder held by Société Minière du Sud Pacifique, which is majority held by the regional government of New Caledonia's NorthRead More
Minister Camacho said the government wants to help develop an inclusive mining sector that helps meet the challenges of climate change and the energy transition and wants to work with the miningRead More
Shares in the junior jumped on the news hitting markets, rising to trade at a high of C$0.59 in yesterday's trade (when the news was announced), from C$0.23/share the day previously.Read More
(IDEX Online) - Israel's diamond trade suffered another blow in August, with rough imports down 69 per cent year-on-year and rough exports down by 80 per cent.The figures were significantly worse than July, when imports and exports fell by 46 per cent and 44 per cent respectively.Israel imported a total of 314,371 carats, at a cost of $49.8m in August, according to new figures released by the...Read More
(IDEX Online) - Crowds gathered in Surat after reports that angry traders had emptied parcels of diamonds onto the street below, in protest at plunging lab grown prices.As many as 300 people rushed to scour an area outside Mini Bazaar, in the Varachha area of the city, on Sunday (24 September), according to press reports.It later emerged that the "diamonds" were actually plastic fakes used for emb...Read More
(IDEX Online) - A jeweler has been arrested after customers complained that natural diamonds in items left for repair had been replaced with lab growns.Douglas Wayne Gamble, 57, is also accused of selling lab growns as natural diamonds, and of failing to return items sent for repair at his Timeless Jeweler store in Sale, Oregon, USA.Police believe he cheated customers out of at least $250,000. Gam...Read More
(IDEX Online) - Lucara has ended its rough diamond sales agreement with HB Antwerp, accusing the company of "a material breach of financial commitments".It was less than a year into a 10-year deal. The move comes less than a month after HB removed Oded Mansori, one of its three co-founders, citing "a sharp difference in strategic vision and approaches to business". He responded by launching legal...Read More
Demand for critical minerals is expected to boom to meet the energy transition, but investment in new mines remains sluggish.Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 13 points at 8:35 AM EDT.Micron dropped $2.90 to $65.31 after reporting less than consensus fiscal fourth quarter revenues.Peloton gained $0.74 to $5.39 and Lulu lemon added $0.96 to $380.00 after announcing a partnership.Weyerhaeuser slipped $0.28 to $30.70 after the company lowered its third quarter outlook. Eq...Read More
Today we learn the United States consumer is less formidable than previously imagined.His savings are heavily depleted. He pegs along on rations increasingly lean.Zero Hedge:Instead of the 1.7% unchanged print from the second estimate of Q2 GDP, the final number was a dire 0.8%, a 9-sigma miss to estimates... and the worst quarterly increase since the COVID collapse in Q2 2020.The worst quarterly...Read More
Kazatomprom is the world's largest uranium producer, producing approximately 25% of global production. Waiver & Disclaimer If ...Read More
Per Jander of WMC, provides a great overview of what he is seeing in both the uranium spot and term markets. #uranium Waiver ...Read More
WATCH: Red Cloud Financial Services Webinar Series Presents: Silver Viper CEO, Steve Cope, joined us for a webinar where he ...Read More
WATCH: Red Cloud Financial Services Webinar Series Presents: Aeris Executive Chairman, Andr? Labuschagne, joined Red ...Read More
The cost of servicing US debt has surged. With solutions to the problem seemingly trapped in political gridlock, kicking the can ...Read More
Los Angeles is fast becoming a hub for manufacturing startups with ingenious new ways of making things, from robots that can do ...Read More
Some of your "Made in France" luxury items are actually made in India. For decades, fashion houses obscured their business ties ...Read More
The Dallas Cowboys haven't won a Super Bowl in decades, but still stand as the world's most valuable sports franchise.Read More
Professor Nita Farahany reveals to Azeem Azhar the startling advancements of brain-scanning technology and the extraordinary ...Read More