How do level-headed silver bullion investors think about the prospects for future silver prices and values?How do level-headed silver bullion investors think about the prospects for future silver prices and values?James Anderson of SD Bullion spoke with Chris Marcus of Arcadia Economics on Tuesday, July 16, 2019. The discussion mainly revolved around the longterm future silver price pe...Read More

Here are five Fastmarkets MB stories you might have missed on Friday July 19 that are worth another look.The London Metal Exchange will continue to push forward with relaxing its queue-based rent capping (QBRC) rule, a key area of warehousing reform, to 80 days, sources told Fastmarkets. Fastmarkets understands that there was a warehousing committee meeting on Thursday July 19, during which p...Read More

RAPAPORT... The US jewelry trade continued to contract in the secondquarter, but the rate of downsizing has slowed from the previous year, datafrom the Jewelers Board of Trade (JBT) revealed. In the three months ending June 30, 185 jewelry businessesexited the market, a 21% drop versus the same period a year ago. Retailersconstituted 135 of those - 21% fewer than last year, while the number ofwhol...Read More

RAPAPORT... Production at Gahcho Ku?(C) dropped 10% year on yearto 1.7 million carats in the second quarter, as mining took place in a lower-grade portion of the deposit. "The grade variance year over year is mainly a function ofmining lower-grade-ore tonnes in [the second quarter of 2019] from Hearne andSWC kimberlites, in comparison to higher grades from the 5034 kimberlite in[the second quarter...Read More

RAPAPORT... Swiss watch exports fell 11% to CHF 1.74 billion ($1.77billion) in June, amid a continued downturn in Hong Kong tourism and protests in the municipality. "Hong Kong's performance slowed significantly. Recent events there undoubtedly played a part," theFederation of the Swiss Watch industry reported last week.  Demonstrators in Hong Kong - the Swiss watch industry'ssecond-largest m...Read More

RAPAPORT... Botswana's largest rough diamond now has a name, following a public contest held by Lucara Diamond Corp. The company chose to call the 1,758-carat stone Sewel??, which means "rare find" in the local Setswana language. It was the winning entry from more than 22,000 submissions. "The largest diamond recovered in Botswana's history wasnamed by the people of Botswana this evening in...Read More

RAPAPORT... The Antwerp World Diamond Centre (AWDC) will no longerfund the city'sdiamond-research-technology center, asthe current market situation in the Belgian diamond industry worsens. "As a result of the high cost of labor in our country,almost the entirety of our diamond manufacturing has relocated abroad," AWDCspokeswoman Margaux Donckier said Friday. The AWDC established the Scientific an...Read More

The De Beers Group released its production results for the second quarter earlier this month, reporting that its rough diamond production was down 14 percent to 7,7 million carats recovered. Mine closures, lower grades and planned maintenance schedules affected many of De Beers mines. Production at the Debswana mine in Botswana fell 9 percent to 5.7 million carats due to a planned plant shut down...Read More

U.S. retail sales rose at a solid pace in June. This is good news as other economic drivers haven't performed that well. The US Commerce Department released new data last week, saying that retail sales had risen 0.4 percent in June - a fourth, uninterrupted monthly increase. Sales made by online retailers, grocery stores, home and garden stores and restaurants and bars all grewe. The numbers...Read More

"The report comes after rivals Burberry Group Plc and Swatch Group AG announced better-than-expected results, raising the bar for the sector. Richemont's watch brands have suffered from excess inventory, and the company has been buying back unsold products from the market since 2016. Richemont echoed Swatch in saying that protests in Hong Kong, the top export market for Swiss watches, weighed...Read More

John Robins is the executive chairman and a director at Fireweed Zinc (TSXV: FWZ), which is advancing its massive zinc-lead project in the Yukon. Robins was the founder, executive chairman and director of Kaminak Gold, which discovered the Coffee gold deposit in the Yukon, and sold the company in 2016 to Goldcorp for $520 million. Robins took time out during a trip to Dawson City to speak with The...Read More

"This gold-related ETF is crushing the stock market's gains in 2019 - and analysts say the metal has room to run https://t.co/og7K4Jxxq2"Read full newsRead More

"Precious Metals Weekly Round-Up: Gold dips from 6 year peak and last week's other top stories in the precious metals market. https://t.co/a0zlkjokI9 #preciousmetals #investing #stocks"Read full newsRead More

The gold miners' stocks continue to rally on balance, after a major upside breakout extended their strong upleg. That's driving mounting interest in this recently-forsaken sector. With the latest quarterly earnings season underway, traders will soon enjoy big fundamental updates from the gold miners. They are likely to report good Q2 results, with improving operational performances supporting furt...Read More

I have been backing up the truck on quality gold names.We could tiptoe around it... We could talk about negative rates and global debts and currency crises...But the fact of the matter is we've been talking about those things for years. The golden goose has now come home to roost. We are technically in a gold bull market, having closed out June above the key technical level of $1,362. And gold...Read More

The gold miners' stocks continue to rally on balance, after a major upside breakout extended their strong upleg. That's driving mounting interest in this recently-forsaken sector. With the latest quarterly earnings season underway, traders will soon enjoy big fundamental updates from the gold miners. They are likely to report good Q2 results, with improving operational performances supporting furt...Read More

Yellow Cake PLC (LON:YCA) has reported a net asset value of 218p per share as at 30 June 2019.The valuation is derived primarily from a holding of 9.2mln pounds of physical uranium, worth US$24.70 at prevailing spot prices, but acquired at an average price of US$21.8 per pound.WATCH: Price pullback gives Yellow Cake good opportunity to acquire additional uraniumThe total portfolio valuat...Read More

Nickel's three-month price on the London Metal Exchange fell by 3% over the afternoon but held above the $14,000 per tonne support level at the close of trading on Monday July 22, while a predominantly negative complex was upended by tin's 1.3% climb. Nickel's three-month price closed at $14,300 per tonne, while tin futures closed slightly higher on the day at $17,900 per tonne, having reached an...Read More

Fastmarkets has changed the frequency of publication of its fob Guinea and fob Brazil bauxite price assessments to monthly from fortnightly. Following a one-month consultation, the Bauxite, fob Kamsar, Guinea and Bauxite, fob Trombetas, Brazil price assessments will now be published on the third Thursday of every month at 2-3pm London time. The next publication of these prices will be Thursday Aug...Read More

The premium for aluminium billet in Italy has fallen to its lowest in over two years due to aggressively low offers from suppliers and continued poor demand. Fastmarkets assessed the aluminium 6063 extrusion billet premium, ddp Italy (Brescia region), at $330-350 per tonne on Friday July 19, down from $340-360 per tonne the previous week. This is lowest since January 20, 2017, when it was $330-340...Read More