Popular News

Sweetwater growing revenues with sustainability focus...

March 23, 2022 / www.mining-journal.com

The tech start-up using core enablers of automation to benefit every mineSPONSOREDWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.Marvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining The company has 12 trona production royalties on assets in Wyoming,...Read More

March Hong Kong Shows Delayed Again

March 23, 2022 / www.diamonds.net

RAPAPORT... The upcoming Hong Kong jewelry shows have been postponed yet again amid measures to contain the coronavirus in the region.The Hong Kong Trade Development Council (HKTDC) rescheduled the Hong Kong International Jewellery Show and the Hong Kong International Diamond, Gem & Pearl Show, which were due to take place concurrently from August 14 to 18. They are now slated for July 29...Read More

Canada rail stoppage will have impact, says fertilizer...

March 23, 2022 / www.mining-journal.com

The tech start-up using core enablers of automation to benefit every mineSPONSOREDWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.Marvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining Read More

Diamond Foundry Sues US Authorities

March 23, 2022 / www.diamonds.net

RAPAPORT... Lab-grown producer Diamond Foundry has sued the US government over President Donald Trump's tariffs on Chinese goods.The San Francisco-based company filed a complaint against US Customs and Border Protection and the US Trade Representative on March 17. It alleged the government failed to issue a list of affected products within 12 months of initiating an investigation into China's...Read More

India's Titan Invests $20M in Lab-Grown Jeweler

March 23, 2022 / www.diamonds.net

RAPAPORT... Titan Company has shelled out $20 million to invest in e-commerce lab-grown diamond business Clean Origin, its first foray into the synthetics sector.The move is "a strategic investment that will provide Titan a ringside view of the fast-growing lab-grown diamond (LGD) and direct-to-consumer (D2C) sectors," the Indian company, which owns the Tanishq brand, said in a recent statement.In...Read More

Diamond Foundry Sues US Government over Polishing Tariffs on China

March 23, 2022 / www.idexonline.com

(IDEX Online) - Diamond Foundry is suing the US government over the "egregious" tariffs it has to pay to have its lab growns polished in China.The Silicon Valley start-up, which counts Leonardo DiCaprio among its high-profile backers, says the tariffs are higher than the actual cost of the polishing.It blames former president Donald Trump for imposing four punitive increases during his term, and J...Read More

Eric Clapton's Gold Rolex set to Fetch over $1.6m

March 23, 2022 / www.idexonline.com

(IDEX Online) - A Rolex watch that belonged to British rock icon Eric Clapton is expected to fetch at least $1.6m at auction.The gold Daytona (pictured), known as the Crazy Doc (reference 6239) leads The Geneva Watch Auction: XV by Phillips in association with Bacs & Russo.Clapton, 76, bought the watch in Italy in 1990 and went on to sell it at auction in 2003.Other highlights of the sale, to...Read More

Manufacturers Switch Rough Imports from Mumbai to Surat

March 23, 2022 / www.idexonline.com

(IDEX Online) - Diamond manufacturers in Surat are now importing the vast majority of rough direct to the city, rather than via Mumbai.In the financial year to March 2020, rough imports to both cities were on a par, at just over $6bn.But in the 10 months to February 2022, Surat imported $13.2bn of rough, almost four times as much as Mumbai's $3.7m, according to new figures from the Gem and Je...Read More

AngloGold to resubmit Quebradona permit application...

March 23, 2022 / www.mining-journal.com

The company saw ANLA archive its environmental licence application in October 2021 on the grounds that it did not have enough information to decide on the viability of the project.Read More

AngloGold's Calderon promotes gold's green credentials...

March 23, 2022 / www.mining-journal.com

A focus on ESG and decarbonisation has left some wondering what gold mining's role is in the world. Calderon made a strong case for gold mining during a speech to the Melbourne Mining Club yesterday.Read More

Base metals prices mainly firmer against background of risk-on sentiment, high oil prices

March 23, 2022 / www.metalbulletinresearch.com

Base metals prices on both the London Metal Exchange and Shanghai Futures Exchange were mainly firmer on the morning of Wednesday March 23, with April nickel prices on SHFE registering an almost 2% gain.* Will Russia pushback against sanctions by curbing oil exports?* LME nickel prices found their price level on Tuesday.* The sell-off in bonds is seeing a rotation in other asset classes.* UK consu...Read More

War in Europe but copper is outperforming...

March 23, 2022 / www.mining-journal.com

The relationship between gold and copper reflects economic and political sentiment.Read More

Tech Talk for Wednesday March 23rd 2022

March 23, 2022 / www.timingthemarket.ca

U.S. equity index futures were lower this morning. S&P 500 futures were down 20 points in pre-opening trade. General Mills advanced $1.19 to $63.87 after reporting higher than consensus first quarter earnings. The company also raised guidance. Adobe dropped $10.45 to $456.00 despite reporting higher than consensus fiscal first quarter revenues and earnings. The company also lowered guidance fo...Read More

Questions Warhawks Must Answer

March 21, 2022 / dailyreckoning.com

We have lent a grave ear to the war coverage these past three weeks. And we have concluded Mr. Putin's unfolding crimes are atrocious.All civilized men condemn them. And let the record reflect: We are with the civilized - even if we are not necessarily among the civilized.Yet this war coverage has likewise left us confused... and puzzled. But why? Who can be confused or puzzled?Here you have Vladi...Read More

Free Speech in Russia and America

March 17, 2022 / dailyreckoning.com

A Russian anti-war protester - bearing a message in two languages - recently streaked across a Moscow newsroom:This woman in question had evidently labored for the very same "news" organization. The United States media instantly shrieked with glee...What a heroic soul, they gushed. She has defied Mr. Putin before the world's watching eyes. Solzhenitsyn himself had nothing on her.In a pre-recorded...Read More

Fed Unleashing "Triple Whammy"

March 16, 2022 / dailyreckoning.com

As widely expected, the Fed raised its target rate today, its first rate hike since December 2018. As you may recall, that hike crashed the stock market in what became known as the Christmas Eve Massacre.Today's hike was only 25 basis points, not the 50-point hike some were predicting prior to the Russian invasion of Ukraine. In a sense, Putin took the pressure off Jay Powell to make a bolder move...Read More

Why the Fed Keeps Getting It Wrong

March 15, 2022 / dailyreckoning.com

What we're seeing now is the very definition of volatility. The market's in a highly unstable state right now. These violent swings show the inadequacy of the standard models that the Fed and other mainstream analysts use.The Fed assumes so many things about markets that are simply false, like that markets are always efficient, for example. They're not. Under volatile conditions like these they ga...Read More

The Ides of March

March 15, 2022 / dailyreckoning.com

Today is March 15 - the ides of the month."Beware the ides of March," the soothsayer warned Julius Caesar... presciently. Should investors likewise beware the ides of March?Today and tomorrow the Federal Reserve's Open Market Committee - so-called - huddles at Washington.These are the questions presently hanging in the air:Will Mr. Powell and his mates finally push the federal funds rate up from z...Read More

B2Gold grows Anaconda resource in Mali by nearly five times

March 23, 2022 / www.northernminer.com

B2Gold (TSX: BTO; NYSE-AM: BTG) has increased global resources at its Anaconda project in southwest Mali more than fourfold - from 770,000 oz. of contained gold to 3.4 million ounces. Located about 20 km away from the company's Fekola mine, which produced 567,795 oz. gold in 2021, the Anaconda area includes the Menankoto permit and the Bantako North permit. The project's updated resource est...Read More

Stellantis and LG Energy to invest $5B in EV battery plant in Windsor

March 23, 2022 / www.northernminer.com

Stellantis N.V. (NYSE: STLA) and LG Energy Solution will invest over $5 billion to build a large battery plant in Windsor, Ont., with an expected annual production capacity of over 45 gigawatt hours to produce lithium-ion battery cells. Construction of the plant, which is expected to create 2,500 jobs, will begin later this year and the facility will be operational by 2025, Canada's ministry of...Read More

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok