Happy New Year! And it's an especially happy one for BioLargo and its shareholders, following its first-ever commercial contract ...Read More
This gold company is exploring its 100%-owned project in Nevada, which one analyst called "one of the most attractive mining jurisdictions in the world.Western Exploration Inc. (WEX:TSX.V;WEXPF:OTC) announced final assay results and structural interpretation from its 2023 core drilling program in the Jarbridge rhyolite northeast of the Gravel Creek resource area on its Aura gold and silver project...Read More
Defense Metals Corp. announces an agreement with Ucore Rare Metals Inc. to test Ucore's new rare earth element (REE) separation technology. One analyst says DEFN's Wicheeda project has "several competitive advantages."Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE) announced a non-binding memorandum of understanding (MOU) with Ucore Rare Metals Inc. (UCU:TSX.V; UURAF:OTCQX) to test samples...Read More
Michael Ballanger of GGM Advisory Inc. shares his thoughts on American Eagle Gold Corp.American Eagle Gold Corp. (AE:TSXV)I have been on the phone answering calls from some very big players in the mining business this afternoon asking my opinion of Anthony Moreau and this NAK discovery. I draw your attention to the Hercules Silver (BIG:TSXV) chart shown below.Their recent drill holes were not bett...Read More
LONDON, 9 January 2024 - Popular UK personal finance site Your Money today highlights BullionVault as a secure, low-cost and convenient way to invest in physical gold."BullionVault customers believe gold will set new all-time highs in 2024," says the report, quoting our latest user survey.Get the full story, plus advice on saving money and getting the maximum security when investing in gold, at Yo...Read More
LONDON, 9 January 2024 - German personal finance site Das Investment today reports the latest Gold Investor Index data and comment from BullionVault."Appetite for the precious metal seems to be almost saturated," says the website, noting that Bullionvault's measure of investor sentiment last year fell to its lowest annual average on the 12-year series.Read the full story at Das Investment here:Deu...Read More
LONDON, 8 January 2024 - Data and analysis from BullionVault features today in a report on gold's prospects for the year ahead from Interactive Investor, the UK investment trading platform.Among private investors, "High interest rates and record-high gold prices [have been] deterring new buyers," the article quotes director of research Adrian Ash."In contrast, central banks led by China continue b...Read More
LONDON, 5 January 2024 - Analysis from BullionVault tonight leads the latest gold-price report from leading US financial news-site MarketWatch.Having slipped all week despite the Israel-Hamas conflict spreading, and then falling on today's strong US jobs data only to surge on weak ISM services-sector figures, "Friday's big swings in gold show how, for now at least, Fed policy trumps geopolitics in...Read More
(IDEX Online) - Debswana has approved a $1bn investment to enable underground mining at Jwaneng, its biggest deposit.Work will start in May on a drilling platform for the comprehensive sampling of kimberlite pipes, it said today (10 January).Jwaneng opened in 1982 as an open pit operation run by Debswana, a 50:50 joint venture between De Beers and the Botswana government. Open pit operations...Read More
(IDEX Online) - Sarine and GCAL are opening a new grading lab in Surat, India, after the companies merged last year.Sarine, the Israel-based diamond tech business known for its Galaxy mapping systems, acquired a 70 per cent stake in US-based GCAL (Gem Certification & Assurance Lab).GCAL currently operates just one lab, at its New York base. Sarine said the merger would allow GCAL to expand its...Read More
(IDEX Online) - GIA says it aims to combat "cloned diamond" fraud by offering same-day verification of its inscriptions.The move comes as an increasing number of lab growns are being fraudulently submitted for re-grading. They are cut to match the specifications of natural diamonds that have already been graded and inscribed with either with a GIA number (genuine or fake).GIA says that from next w...Read More
(IDEX Online) - De Beers is resuming its rough diamond auctions next week for the first time since last September.The UK-based miner cancelled the online sales during its 9th and 10th sales cycles as demand slumped globally.Al Cook, CEO, said at the time that De Beers was suspending the auctions to help "re-establish equilibrium between wholesale supply and demand".The first rough auction of 2024...Read More
U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged at 8:30 AM EST.Lennar added $1.65 to $149.81 after the company raised its dividend by 33%. The company also increased its share buyback program to $5 billion.Juniper Networks another added $0.21 to $37.02 after the company confirmed receipt of a cash offer by Hewlett Packard Enterprises to purchase the company fo...Read More
What happened to Boeing, the former gold standard of American industry? Nothing good, as I'll show you today.Simply put, Boeing isn't the company it used to be.By now, I'm sure you've heard about the Jan. 6 near crash of a Boeing 737 Max 9 operated by Alaska Airlines, after the fuselage door blew off the plane. That caused decompression and the use of emergency oxygen.The door blew out because of...Read More
CHEYENNE, Wyo., Jan. 10, 2024 /PRNewswire/ -- U.S. Gold Corp. (Nasdaq: USAU) (the "Company," "we," "us" or "our"), a gold development and exploration company, today issued a CEO update outlining its recent and expected milestones, as it continues to advance its assets and projects (the "CEO Update") in 2024.Operational and strategic highlights follow:CK Gold ProjectAnticipated Permit Approval H1...Read More
Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE) completed geotechnical fieldwork to support an upcoming preliminary feasibility study (PFS) on its Wicheeda rare earth element (REE) project, according to a December 28, 2023 report by Mark Reichman, Managing Director at Noble Capital Markets. The PFS remains on track for release in the second quarter of 2024.The Phase III results build on po...Read More
Global Analyst Adrian Day takes a look at what changes may lie ahead in the coming year, and how his "current positions" portfolio fits with this anticipated scenario.As the New Year gets underway, it seems appropriate to write about changes we see in the year ahead. It is important to make note that this is not so much a forecast as an assessment of probabilities. Also, of course, the turn of the...Read More
(IDEX Online) - The CEOs of De Beers and Signet Jewelers met this week in Botswana to discuss future collaboration opportunities.Al Cook and Gina Drosos met their teams at Jwaneng, the world's most valuable diamond mine, and at Signet's dedicated diamond polishing factory, which employs over 200 people.They are working together to identify opportunities to promote the positive economic i...Read More
(IDEX Online) - India's Titan Company saw revenue from its jewelry stores rise by 23 per cent during Q3, driven by increasing consumer confidence and moderate price rises. Earnings from CaratLane, the e-tailer now owned almost entirely by Titan, were up by 31 per cent year-on-year, according to a quarterly update which provided percentage increases but not actual revenues.Titan, which wa...Read More
(IDEX Online) - Gem Diamonds has recovered a high quality 295 carat Type II white diamond from its Letseng mine in Lesotho.It's the miner's first +100-ct diamond of 2024. Last year Gem recovered five, including two in October, weighing 117.47 carats and 110 carats. But that's down on its long-term average of eight a year. In 2022 it recovered four.Letseng, known as the highest...Read More