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
(IDEX Online) - Six people are reported to have died when a small plane headed for Rio Tinto's Diavik diamond mine, in Canada's remote Northwest Territories, crashed shortly after take-off yesterday (23 January).There has been no official confirmation of the death toll, but AFP (Agence France-Presse) quotes an aviation source as saying six people died and one survived.The tragedy comes l...Read More
(IDEX Online) - Richemont saw revenue from Buccellati, Cartier, Van Cleef & Arpels and its other jewelry brands climb 12 per cent to $4.3bn (at constant exchange rates) during the last three months of 2023.Specialist watchmakers sales rose by 3 per cent, reflecting a retail outperformance, notably at A. Lange & Sohne, IWC, Jaeger-LeCoultre and Vacheron Constantin.The Swiss luxury conglomer...Read More
(IDEX Online) - Mountain Province Diamonds (MPD) today (24 January) reported FY 2023 sales of $243.7m, down 18 per cent on the previous year.The Toronto-based miner sold 2.7m carats in both 2022 and 2023 from the Gahcho Kue mine it operates as a joint venture with De Beers in Northwest Territories, Canada, but average per carat prices fell from $112 to $90.It said price drops reflected the lower-v...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 29 points at 8:30 AM EST.Bank of Canada's monetary statement is scheduled for released at 9:45 AM EST. The Bank's lending rate to major Canadian banks is expected to remain unchanged at 5.0%.Netflix gained $18.90 to $510.00 after increasing subscriptions in the fourth quarter greater than consensus. The company also of...Read More
Some 33% of Americans distrust elections.That is, 33% of Americans distrust the granite beneath democracy the ballot itself.They believe the thing rests upon limestone foundations. Or worse... sand foundations.Thus American democracy is down with a wasting disease.Today we propose a solution. It will restore American democracy to pink and vigorous health, to the highest pristinity.What is it? An...Read More
Goldmining Inc. has announced the drill results from its program on the previously sparsely explored Whistler project in Alaska.On January 24, 2023, Goldmining Inc. (GOLD:TSX; GLDG:NYSE.American), a strategic investor in NevGold Corp. (NAU:TSX.V; NAUFF:OTC; 5E50:FSE), announced in a press release that it has the assay results from its drill program on the Whistler gold-copper project. The Whistler...Read More
Blackwolf Copper and Gold Corp. 29.2 g/t Au on its Cantoo project, among other encouraging drill results. Read on to see what analysts are saying about this company's stock.Blackwolf Copper and Gold Ltd. (BWCG:TSX.V) announced the results of the company's drill results from the Cantoo property and the Harry property. According to the press release, which the company put out on January 19, 2024, th...Read More
I-80 Gold Corp. has released the results of its drill program on the Ruby Hill property, with exciting results. Read on to see what experts are saying about this company's stock.i-80 Gold Corp. (IAU:TSX; IAUCF:OTCQX) announced in a press release on January 17, 2024, that it has the results from the company's drill program on the Nevada-based Ruby Hill property. The company believes that these resu...Read More
(IDEX Online) - Thieves used a vehicle as a battering ram to smash their way through glass doors into a jewelry store in Windsor, Ontario, Canada.They fled with what police describe as "substantial" amount of jewelry from Griffin Jewellery Designs in a 4am heist at the Tecumseh Mall on Tuesday (23 January).The front of the building was badly damaged and the vehicle used in the ramming was later fo...Read More
(IDEX Online) - Trans Atlantic Gem Sales (TAGS) sold just over $14m of rough at its latest tender in Dubai, with buyers appearing a little more positive.Bidding was strong across all ranges, the company said, and many prices 3grs to +10cts were up a few per cent on the previous tender in December.However a quarter of the goods offered - 20,000-plus carats valued at over $20m - remained unsold.Nine...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 13 points at 8:35 AM EST.Index futures gained 10 points following release of economic news at 8:30 AM EST. Consensus for December Durable Goods Orders was an increase of 0.5% versus a revised gain of 5.5% in November. Actual was unchanged. Consensus for first estimate of fourth quarter annualized real GDP was an increa...Read More
CNBC:"The U.S. economy grew at [a] blistering 3.3% pace in Q4 while inflation pulled back."CNBC cites the latest economic data, issuing this morning from the Department of Commerce.Continues CNBC:The economy grew at a much more rapid pace than expected while inflation eased in the final three months of 2023, as the U.S. easily skirted a recession that many forecasters had thought was inevitable, t...Read More
No, this isn't one of Aesop's Fables. This article refers to a geopolitical game that could end disastrously for one of its players. Why are they playing the game at all?Oh, Champs-Elysses!Not since the days of Napoleon has France been a genuine world power.There are too many strikes. Too many holidays. Too many regulations.There, adultery isn't a sin; it's a sport.The French Revolution robbed Fra...Read More
We are very excited for 2024. This is going to be a transitional year to profitability. The development program has estimated to ...Read More
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