Schiff Gold, Released on 5/31/22Last week, Tennessee Gov. Bill Lee signed a bill repealing the sales tax on the sale of precious metal bullion.Continue... Tennessee Repeals Sales Tax on Gold and Silver Bullion added by Herman James on 05/31/2022View all posts by Herman James ?+'Read More
With the backing of some heavy hitters in the industry, this company is looking to crack the 120-year mystery of where the major gold deposits are in the Yukon.Yukon gold explorer White Gold Corp. (WGO:TSX.V; WHGOF:OTCQX; 29W:FRA) has announced plans for exploring its 350,000-hectare land package in the White Gold district of the Yukon in 2022.The company will undertake a fully funded CA$6 million...Read More
Altius Minerals appears to have numerous growth opportunities under its belt. Expert Adrian Day goes over the latest updates and some news in other promising resource companies.Altius Minerals Corp. (ALS:TSX.V) held an "investor day" last week.Although it was mostly a review of their business and approach, there was one significant new item, while the presentations emphasized two things: first, Al...Read More
A comparison of this year’s grocery bills to last year’s yields a simple yet terrifying conclusion: food prices are rising at a rate beyond anyone’s imagination.The Food and Agriculture Organization’s (FAO) food price index, which tracks the price movements of the most commonly traded and consumed food crops, recently reached its highest on record.Most point to the exorbita...Read More
Copper is one of our most important metals with more than 20 million tonnes consumed each year across a variety of industries, including building construction (wiring & piping,) power generation/ transmission, and electronic product manufacturing. The red metal is also a key component in transportation; electric vehicles use about four times as much copper as regular internal combustion engine...Read More
Signs are pointing to gold’s May rallyrunning out of steam as the USDX reaches its short-term bottom. But how muchstamina is left in the yellow metal?Another day, another higher close in thejunior miners. And another day where profits on our long positions in thelatter increased. There is a sign that the rally in the precious metals sectoris close to being over.That sign is the situation in...Read More
Silver miners reported a decent first quarter, and the fundamentals are...by Adam Hamilton of Zeal LLCThe silver miners' stocks collapsed from mid-April to mid-May, suffering heavy collateral damage from a serious stock-market selloff. The big fear that spawned sucked in gold, hammering silver and therefore its miners' stocks sharply lower. That carnage left them battered technically, looking...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixChinese Strategic AllianceSPONSOREDxanadu minesForan is planning to mine a 4,400-tonne bulk sample to confirm metallurgical test-work and further optimize process design after receiving the permit which allows the c...Read More
Metron worked through historical, geological, geochemical, and geophysical information from the concessions to generate probability maps for the Lost Cities and likelihood ratio surfaces showingRead More
Marrone is far from thinking about retirement or resting on his laurels, which will include a change of control payment of around US$26 million. "There are plenty of opportunities in this industry.Read More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixChinese Strategic AllianceSPONSOREDxanadu minesCopper Fox is brim-full of potentialSPONSOREDcopper fox metalsOrford eyes massive nickel sulphides at West RaglanSPONSOREDorford miningAs part of a planned C$3 million private placement, Kinross will acquire around 9.9% of the issued and outstanding common shares of E2Gold following the cl...Read More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixChinese Strategic AllianceSPONSOREDxanadu minesCopper Fox is brim-full of potentialSPONSOREDcopper fox metalsOrford eyes massive nickel sulphides at West RaglanSPONSOREDorford miningIn fact, Glencore outperformed two if its main rivals, BHP and Rio Tinto, topped only by Anglo American when looked at over the five trading days to Friday...Read More
RAPAPORT... The diamond industry finds itself in the middle of many external forces. The Russia-Ukraine war has altered the supply situation and damaged US demand for Alrosa goods. Lockdowns in China have reduced sales in the most important Far East market. While spending is still robust on American shores, inflation has prompted some traders to worry. This combination of factors has created...Read More
RAPAPORT... Revenue at Mumbai-based diamond and jewelry manufacturer Asian Star surged in the past fiscal year as the economy recovered and Covid-19 restrictions loosened.Group revenue - including at subsidiaries - jumped 73% to INR 44.3 billion ($570.3 million) for the year ending March 31, the company said Monday. Diamond sales soared 82% to INR 39.02 billion ($502.3 million), while revenue from...Read More
RAPAPORT... Swiss watch exports saw a more moderate rise in April as China's coronavirus measures reduced demand in the key market, according to the Federation of the Swiss Watch Industry.While global shipments climbed 7% to CHF 1.92 billion ($2 billion) for the month, the increase was weaker than in the first quarter, the organization reported Tuesday."The growth in Swiss watch exports lost...Read More
RAPAPORT... Fresh off the GemGen??ve show, founders Thomas Faerber and Ronny Totah join Rapaport's Avi Krawitz to discuss the trends they saw there.In this episode of the Rapaport Diamond Podcast, the executives also talk about the role of trade fairs in general, and share their impressions of the colored-gem and antique-jewelry markets amid the recent turbulence.Listen to the podcast here:Di...Read More
(IDEX Online) - A diamond merchant accused of smuggling $26m of diamonds has been arrested by customs officials at Delhi airport. Meet Kachhadiya, who ran a Universal Diamonds, in Surat's Sachin Special Economic Zone (SEZ), allegedly evaded duty when he exported 30 consignments of "lab grown" diamonds to Hong Kong from February 2021 to May 2021. He'd reportedly been evading...Read More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixChinese Strategic AllianceSPONSOREDxanadu minesCopper Fox is brim-full of potentialSPONSOREDcopper fox metalsOrford eyes massive nickel sulphides at West RaglanSPONSOREDorford miningLong-time poll leader Petro won the first round as expected with about 40% of the vote, but centrist populist outsider Hernandez surprised many by taking 2...Read More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixChinese Strategic AllianceSPONSOREDxanadu minesCopper Fox is brim-full of potentialSPONSOREDcopper fox metalsOrford eyes massive nickel sulphides at West RaglanSPONSOREDorford miningCarter will be responsible for the firm's platinum group metals operations in the US and projects and exploration activities in Argentina.Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 30 points in pre-opening trade. Investors are watching for news from a meeting today between President Biden, Federal Reserve Chairman Powell and Treasury Secretary Yellen. The Canadian Dollar slipped 0.10 to US78.83 cents following release of Canada's March GDP report at 8:30 AM EDT. Consensus was an increase of 0.8%...Read More