(IDEX Online) - A million rough diamonds seized in raids by the Indian tax authorities on the scanning firm Diyora & Bhanderi are to be returned to their owners. The company is being investigated over claims of tax evasion and the illegal sale of diamond scanning machines. Its premises in Surat were raided 10 days ago. Gems belonging to over 800 diamond firms, which had been sent to...Read More

RAPAPORT... US polished-diamond imports fell 1% year on year to $1.37 billion in November, data from the US Commerce Department showed. The decline was the 20th consecutive monthly drop, according to Rapaport records. The November slowdown reflected a sharp slide in the average price per carat (see graph below), which outweighed higher volumes.US Trade Data for November 2020  Read More

That is a bullish omen for gold, as its subsequent upleg can accelerate after differential gold-ETF-share selling pressure ends.Read full newsRead More

High gold prices are boosting Ethiopia's mining revenue and attracting more investor interest in a sector that is largely dominated by artisanal and smaller players. Coronavirus-linked border closures...Read full newsRead More

Last week, the investing world was enamoured with the GameStop stock craze. The spike in GameStop stock was fueled by frenzied retail investors on the subreddit r/WallStreetBets. Reddit users also targeted stocks like AMC Entertainment, Nokia, and BlackBerry. Today, Reddit has taken aim at silver. Should Fool investors be eager to jump on another retail investor powered rally?The S&P/TSX Compo...Read More

It’s time for dividend-growth investors to consider rebalancing their portfolios for 2021. The S&P/TSX Canadian Dividend Aristocrats Index is making constituent changes, which became effective on February 1. Nine freshly minted Dividend Aristocrats have made their way into the index for 2021. The index dropped three unfortunate names this year.Generally, Dividend Aristocrats are companie...Read More

The year 2020 was a great one for gold. The annual change in price for the year was 24.4%, and even though it was a continuation of the price spike that started in 2019, it accelerated in 2020 because of the market crash. Investors flocked to the safe haven material, the price rose, and many gold companies saw their stock price rise quite substantially in the year.Gold and most gold-related busine...Read More

Warren Buffett is the greatest investor and teacher of our time. While it’s typically a terrible idea to follow the man into or out of stocks, given the herd will pile into his latest stock picks upon their announcement, I do think it makes sense to look at Buffett’s moves through a wider lens. By doing so, Buffett’s moves may leave top-down clues as to where the best opport...Read More

Here are five Fastmarkets stories you might have missed on Monday February 1 that are worth another look.Chinese nickel sulfate prices have made steady gains since the start of 2021, rising again last week to set the highest level since Fastmarkets began tracking the market in July 2018.More than 67,000 lots of the Singapore Exchange's 65% Fe iron ore swaps...Read More

The price of tin on the London Metal Exchange closed above $23,000 per tonne on Monday February 1, while aluminium's forward price was under the most pressure from the rising US Dollar Index, dropping by more than 1% from last week's closing prices.Tin's three-month price rose by 1.4% to $23,103 per tonne from Friday's 5pm closing price of $22,779 per tonne, ending the day above the $23,000 per to...Read More

Fastmarkets proposes to amend the frequency of the publication of its copper cathode premium cif Rotterdam. Rotterdam continues to be a major location for copper cathode imports into Europe, but premiums for that business rarely change between a typical range, historically between $35 per tonne and $55 per tonne over London Metal Exchange prices. As such, Fastmarkets is proposing to amend the freq...Read More

Bob Moriarty ArchivesFeb 1, 2021A new company to me called last week and were eager to be advertisers on 321gold.com. I was basically familiar with the company but not nearly so much as many other companies I follow. On Friday I figured out why they wanted more exposure. They released a silver intercept of $71,000 rock. That’s USD $71,000. That’s about 9% silver and by far the highest-...Read More

Jack ChanPosted Feb 1, 2021Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Short-term is on SELL signal.Short-term signals can last for days and weeks and are more suitable for traders. Our ratio is on sell signal.Gold is once again testing support at the 200ema.A divergence is in progress.Silver is leading g...Read More

The latest data for the global manganese ore market for the week ended February 1, 2021.Read More

GameStop-inspired day traders were aiming to trigger a short squeeze on the precious metal, pushing silver to an eight-year high.Silver equities shot up in Toronto, including tiddler Milner Consolidated Silver Mines (TSXV: MCA.H) which soared 146.7% despite no news in some time.Established producers Silvercorp Metals (TSX: SVM) and First Majestic Silver (TSX: FR) closed up 25.7% and 23.5% respecti...Read More

South African manganese miner UMK has declared force majeure on some shipments after heavy rain caused similar declarations by logistics suppliers, the company confirmed on Monday February 1.South African state transport provider Transnet declared force majeure on Friday, Fastmarkets understands."Please note that in response to force majeure...Read More

Nickel production increased 13% in the December quarter to 68,000 tonnes versus Q3, an improvement the company attributed to the gradual ramp-up of its Kola refinery in Russia.Read More

Vancouver, BC - Summa Silver Corp ("Summa Silver" or the "Company")(TSX: SSVR) OTCQB: SSVRF, Frankfurt: 48X) is pleased to announce a non-brokered private placement financing of Units of the Company (the "Units") at a price of $1.00 per Unit (the "Offering") for gross proceeds of $8,000,000. Eventus Capital Corp. and Mackie Research Capital Corp. have been appointed as finders in connection wi...Read More

Vancouver, BC - Siyata Mobile Inc. (NasdaqCM: SYTA, SYTAW ) (the "Company" or "Siyata"), a leading global developer and provider of cellular communications solutions for enterprise customers, is pleased to announce it has received a US$1.4M purchase order to supply first responders with rugged handset devices. The order will be fulfilled in the beginning of Q1 this year and continue throughout 202...Read More

Metals analyst Vivienne Lloyd has joined Trafigura where she will focus on the zinc and lead markets, Fastmarkets understands.Lloyd joins after several years at Australian bank Macquarie in London where she covered base and...Read More