(IDEX Online) - The appointment of Rishi Sunak as Britain's new prime has again provoked calls for the Koh-i-Noor diamond to be returned to India.On Monday Mr Sunak, 42, (pictured) became the country's first leader of Indian origin, fueling hopes that he may respond more favorably to calls for him to intervene.The iconic 105.6-ct Type IIa D-color gem, center-piece of the late Queen...Read More
(IDEX Online) - Petra produced and sold fewer diamonds in the first quarter, ending 30 September, according to the company's latest operating update.Revenue was down nine per cent year-on-year to $104.3m. It sold 520,011 carats, down 10 per cent.The UK-based miner said it had benefitted from a weaker rand, and it was closely monitoring current macro-economic uncertainties.Petra, which has min...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 31 points in pre-opening trade.Canadian focus today is on the Bank of Canada's announcement at 10:00 AM EDT. Consensus is that the Bank of Canada will raise its lending rate to major Canadian banks by another 0.75% to 4.00%.Alphabet $GOOGL dropped $5.00 to $99.56 after reporting less than consensus third quarter reven...Read More
The Chilean government has presented a bill to the Senate's Mining and Energy committee that "significantly reformulates the mining royalty bill," the finance ministry said in a statement on Tuesday.Finance Minister Mario Marcel said recent discussions have helped "find an alternative that better balances out the goals of the collection with growth and the industry's development."The bill proposes...Read More
First Quantum Minerals (TSX: FM) has reported considerably lower third-quarter financial results, citing margin compression because of a declining copper price, cost inflation, and challenged performance from its Kansanshi copper mine in northwestern Zambia.The Toronto-domiciled base metals major reported that headline earnings fell 72% quarter-on-quarter from US$337 million in the second quarter...Read More
Denison Mines (TSX: DML; NYSE: DNN) has filed its environmental impact statement (EIS) with the Saskatchewan Ministry of Environment and the Canadian Nuclear Safety Commission, reaching another milestone for its Wheeler River uranium project in northern Saskatchewan. The EIS outlines the company's assessment of the potential effects (including applicable mitigation measures) of the proposed in-si...Read More
Hochschild Mining (LSE: HOC; US-OTC: HCHDF) has discovered a new zone to the west of operations at its Pallancata silver-gold mine in southern Peru.The new area, called Royropata, is not in the current permitted area, but the company believes that the discovery "has the potential to secure the medium-term future of the Pallancata mine."Highlights from the discovery include 17.6 metres grading 8.5...Read More
Earlier this month Mantoro Precious Metals (TSXV: MNTR; US-OTC: MSLVF) reported results from the first drill hole at the La Escarcha gold deposit on its Golden Hill project in Bolivia, 140 km northeast of Santa Cruz, the country's second-largest city.The first drill hole returned 4.69 metres of 5.15 grams gold per tonne starting 171.5 metres downhole, including 2.2 metres of 9.38 grams gold, in dr...Read More
Liberty and Finance, Released on 10/26/22 (Recorded on 10/25/22)Demand for physical metal has been extreme, almost completely wiping out wholesalers and depleting the major exchanges' reserves. "I would be surprised if there is metal available for fiat [currency] by the end of the year," says Bill Holter, contributor at JSMineSet. He believes a major economic crisis is ahead. The coming crisis is...Read More
Rule Investment Media, Released on 10/26/22Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest products and agriculture. His company has built a national reputation on taking advantage of global opportunities in the oil and gas,...Read More
George Gammon, Released on 10/26/22George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 years as a successful entrepreneur, at the...Read More
Kitco News, Released on 10/26/22Axel Merk, CIO and founder of Merk Investments, discusses the outlook for gold, inflation, and the economy, with David Lin, Anchor for Kitco News.0:00 - Gold price performance5:00 - Inflation breakdown11:11 - Home prices16:49 - The Fed will 'break' something20:42 - Gold and geopolitical risks Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV...Read More
Fox Business, Released on 10/26/22George Edward Gammon is an American real estate investor and entrepreneur. He produces and stars in a popular YouTube Channel. Prior to 2012, George started, owned, and operated multiple businesses ranging from conventions to advertising. The last growing to 24 million in annual revenues and over 100 employees. After 12 years as a successful entrepreneur, at the a...Read More
WTFinance, Released on 10/26/22 (Recorded on 10/22/22)Interview recorded - 22nd of October, 2022During the interview we talked about Michael's investment strategy, the challenges the markets are currently experiencing, how precious metals may replace bonds as the safe haven asset in the US and potential for a continued strong US Dollar for the near future. I hope you enjoy!0:00 - Introduction0:20...Read More
Politico, Released on 10/26/22The United States has accelerated the fielding of a more accurate version of its mainstay nuclear bombContinue... The US is hastening deployment of even more destructive nuclear weapons in Europe added by Herman James on 10/27/2022View all posts by Herman James ?+'Read More
The Korelin Economics Report, Released on 10/26/22Jordan Roy-Byrne, Founder and Editor of The Daily Gold joins us to outline why he thinks gold and gold stocks could have put in a major bottom over the past 2 months. He shares some of the technical levels that are important in the near term but also focuses a lot on the macro economic environment. Jordan thinks the macro factors are the most impor...Read More
The Felder Report, Released on 10/26/22We're just now beginning to find out how much of a vacuum of demand now lies in front of us.Continue... Jesse Felder: The Trouble For Big Tech Stocks In Two Charts added by Herman James on 10/27/2022View all posts by Herman James ?+'Read More
Howe Street, Released on 10/26/22Household debt, mortgage foreclosures, China home price...Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," as well as a popular daily financial blog: www.jugglingdynamite....Read More
Daily Reckoning, Released on 10/26/22The war-declaring superpower in this instance is the United States. The declared-against great power is the People's Republic of China.Like an Easter egg laid strategically in high grass... the unnoticed war declaration lies obscure within Continue... A Superpower Just Declared War And Nobody Noticed added by Herman James on 10/27/2022View all posts by Herman J...Read More
Zero Hedge, Released on 10/26/22Diesel supplies are very scarce across the Northeast and in the Southeast. Supplies are at the lowest seasonal level for this time of year, and the US only has 25 days left of the industrial fuel in storage. Continue... Major Fuel Supplier On "Code Red" As Diesel Crisis Hits Southeast added by Herman James on 10/27/2022View all posts by Herman James ?+'Read More