If they don't give us the next big thing right out of the gate, there's always the old standby come Wednesday...(by Half Dollar) It feels like they're just throwing everything against the wall and seeing what sticks.Doesn't it?For example, we've had a few geo-political splatterings here and there, but obviously nobody is really buying the whole "here comes war with _______ (insert your favorite Co...Read More
In light of the recent drop in copper prices, the company said it has reduced its capital guidance by $40 million, mainly at Santo Domingo in Chile and Pinto Valley in Arizona, USA, initiatedRead More
Investor Insight: InterGroup MiningSPONSOREDintergroup miningEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdAlicanto wows with maiden resourceSPONSOREDalicanto mineralsOZ has mines in South Australia and Brazil and expects to produce 120,000-135,000 tonnes of copper and 208,000-230,000 ounces...Read More
Investor Insight: InterGroup MiningSPONSOREDintergroup miningEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdAlicanto wows with maiden resourceSPONSOREDalicanto mineralsIt'll now go through a 180-day comment period.Read More
The deal is in the form of a non-binding term sheet with Ontario Teachers' Pension Plan Board, who will continue with ongoing due diligence.Read More
Investor Insight: InterGroup MiningSPONSOREDintergroup miningEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdAlicanto wows with maiden resourceSPONSOREDalicanto mineralsSeitz has served as interim chief executive since January this year and has overseen a surge in fertilizer demand and prices...Read More
Investor Insight: InterGroup MiningSPONSOREDintergroup miningEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdAlicanto wows with maiden resourceSPONSOREDalicanto minerals An embargo on rare earth exports, which are essential in some high-tech applications and defence equipment, was last u...Read More
RAPAPORT... William (Bill) Heher, president of Rare Earth Mining Company and an important figure in the US gem trade, died on August 1 at the age of 72.Born in September 1949, Heher began his career as a teacher, according to an obituary on memorial site Legacy.com. He later started importing fine gems and fossils from across the world.The profession took him to varied destinations. On his tr...Read More
RAPAPORT... Indian jeweler Titan Company's sales and profit soared in the first fiscal quarter, buoyed by strong holiday demand and a gap between two periods of Covid-19 disruptions.Revenue - including at subsidiaries - surged to INR 94.87 billion ($1.19 billion) for the three months ending June 30, compared with INR 35.19 billion ($442.4 million) during the same period a year ago, the company rep...Read More
GIA is taking all reports digital by 2025. Retailers throughout the industry have offered positive feedback on this initiative, which will be accompanied by advanced technology that increases the security of a diamond's identity. This digital evolution consists of three dynamic elements: Fully Digital Reports: This evolution begins with the digital launch of GIA's most popular report, GIA Diamond...Read More
(IDEX Online) - Tanzania is reportedly looking to sell its rough through the Dubai Diamond Exchange (DDE).Minerals minister Dotto Biteko said the country needs to seek more lucrative markets for the estimated 500,000 carats it produces annually, according to The Citizen newspaper.He was speaking ahead of a meeting of the 18-member African Diamond Producers' Association, of which Tanzania is t...Read More
(IDEX Online) - A gang ran off with high-end diamond jewelry after a 30-second smash and grab at a store in the Bronx, New York.A "customer" who was buzzed into Rocco's Jewelry on Friday afternoon ushered in three accomplices who smashed glass display cabinets with hammers and emptied trays of merchandise."Once inside the store, the three individuals used a hammer to smash open the display ca...Read More
(IDEX Online) - The IDEX Polished Price Index declined more markedly during July. It closed down by 2.05 per cent, compared with 1.18 per cent in June and 0.69 per cent in May. The rate of decline appears to be accelerating with each passing month. January and February, by comparison, showed sharp increases, up by 5.67 per cent and 4.14 per cent respectively.IDEX Online subscribers please cli...Read More
Investor Insight: InterGroup MiningSPONSOREDintergroup miningSky the limit for AuTECO in CanadaSPONSOREDauteco minerals ltdEmerging SA gold developer Barton Gold breaks the mouldSPONSOREDbarton gold holdings limitedAlicanto wows with maiden resourceSPONSOREDalicanto mineralsPetro wants Colombia to produce energy transition minerals such as lithium [even though the country has no lithium deposits],...Read More
The company reported that the sinkhole has remained stable since detection and that the area was immediately isolated, with no impact to personnel, equipment or infrastructure.Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 22 points in pre-opening trade.Barrick Gold slipped $0.12 to US$20.17 after reporting less than consensus second quarter revenues and earnings. Pfizer was unchanged at $49.27 following news of its acquisition of Global Blood Therapeutics for $68.50 per share cask. Value of the offer is estimated at $5.4 billion. Global...Read More
Though it’s difficult to be confident of anything in the current flux we're experiencing, I am pretty confident of three things:1) Price is set on the margins.2) Currencies are the foundation of every economy.3) The financial forecasts issued to calm the public do not reflect operative geopolitical goals.Let's break this down. Every national government has “global interests.” Gov...Read More
When inflation started clobbering producers and consumers last year, the general feeling in the air was: This won't last long. After all, everyone in a position to know promised it was all transitory. Just one of those things that comes and goes before life gets back to normal.Gradually, we've come to see the light. There will be no rolling back those price increases in general. There will be decl...Read More
The Federal Reserve believes it hangs from the hooks of a horrendous dilemma.To cage the inflationary tiger presently amok, it would likely plunge the economy into severe recession...Yet if it navigates a wallowing economy away from recession, inflation will run and run and run.But is it a false choice? Must the Federal Reserve bludgeon the economy to cripple inflation?Consider: It believes it mus...Read More
You may liken today's economy to an overswollen tick, obese with blood.Rather than blood, the economy is obese with debt.Like our ludicrously engorged arachnid, the economy cannot much expand. It is impossibly loaded down... groaning under the burden... horribly swaybacked.The economy will continue to wallow - unless it can shake off the weight. But how can it?Today we blow the dust off an ancient...Read More