Recent News

Jewish New Year Message from Martin Rapaport

September 22, 2022 / www.diamonds.net

The Jewish New Year is a time for reflection about who we are and what we do. The diamond trade is blessed with a product that celebrates all that is good in life. The joy of gifting, connecting and loving is the message of diamonds. The diamond and jewelry trade makes the world a better place by providing people with products that promote loving relationships.That's nice.There is more to our live...Read More

NickelSearch People to Make Difference

September 22, 2022 / www.mining-journal.com

Bedrock gold discovery adds to Kingwest reignSPONSOREDkingwest resourcesZenith Minerals aiming for new heights with lithium focusSPONSOREDzenith minerals limitedNorth Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDSpeaking recently at a gathering of investors in Perth hosted by the Association of Mining Explorat...Read More

De Beers Forevermark Nixes Plan to Overhaul Supply

September 22, 2022 / www.diamonds.net

RAPAPORT... De Beers Forevermark has performed a U-turn on its strategic revamp following customers' responses.The company will maintain its current practice of allowing partners to buy loose stones from the brand and its authorized suppliers, a spokesperson told Rapaport News Wednesday. Management informed them of the reversal last Thursday."We listened to the feedback from our valued partne...Read More

Smash and Grab Jewelry Raiders Flee Empty-Handed

September 22, 2022 / www.idexonline.com

(IDEX Online) - Smash and grab aiders fled empty-handed after they were thwarted by thick laminated display cases.A gang of six men tried to smash the cases at a store in the Jewelry District of downtown Los Angeles, California, USA.Employees fought back, hurling items at the perpetrators and a security guard fired a non-lethal pepper ball.The men, all were wearing black hoods, drove off in three...Read More

Leviev Questioned over Diamond Smuggling Claims

September 22, 2022 / www.idexonline.com

(IDEX Online) - Billionaire businessman Lev Leviev is to be interviewed by police in Israel over allegations of diamond smuggling.LLD (Lev Leviev Diamonds), one of the world's largest diamond cutting groups, is suspected of smuggling stones into the country by air over a 16-year period.Leviev, 66, (pictured) who has lived in Russia since 2018, arrived in Israel on Tuesday (20 September) and w...Read More

North American gold miners seek copper

September 22, 2022 / www.mining-journal.com

The trend has been seen in at miners including Agnico Eagle Mines and also major miners Barrick Gold and Newmont.Read More

The long winding road for Alaska copper project

September 22, 2022 / www.mining-journal.com

Permitting and legal obstacles faced by the firms over the construction of the 211-mile-long industrial road, known as the Ambler Access Project, have been complicated further by a decision by the USRead More

Tech Talk for Thursday September 22nd 2022

September 22, 2022 / www.timingthemarket.ca

U.S. equity index futures at 7:30 AM EDT were lower this morning. S&P 500 futures were down 12 points in pre-opening trade. The Bank of England raised its lending rate to major banks from 1.75% to 2.25%.Lennar added $0.55 to $76.47 after reporting higher than consensus fiscal third quarter revenues. The company also raised guidance for the fourth quarter. KB Homes slipped $0.23 to $27.79 after...Read More

Electra to refine cobalt in Ontario for LG as EV demand surges

September 22, 2022 / www.northernminer.com

Toronto-based Electra Battery Materials (TSXV: ELBM; NASDAQ: ELBM) signed its first production agreement for North America's only cobalt refinery today, agreeing to supply LG Energy Solution of Seoul with about US$63 million of cobalt sulphate when calculated at the current spot price. The financial terms of the agreement weren't released, but Electra is to supply LGES, a global manufacturer of...Read More

Talon Metals drills record nickel-copper intercept at Tamarack

September 22, 2022 / www.northernminer.com

Talon Metals (TSX: TLO) has received more encouraging results from drilling at its Tamarack nickel-copper-cobalt project in Minnesota, including assays for 17 holes drilled on the western side of the Tamarack resource area that demonstrated the continuity and thickness of the high-grade massive sulphide zone.The new holes, drilled between 2021 and 2022, extend across 320 metres from northwest to s...Read More

Atlantic Lithium forecasts US$4.8B in revenue from Ghana project

September 22, 2022 / www.northernminer.com

Atlantic Lithium (AIM: ALL), an Australia-based miner seeking to unlock electric car battery resources in West Africa, said its proposed operation in Ghana will generate nearly US$5 billion in revenue over its 12.5-year lifespan.The Ewoyaa project, about 120 km west of the capital, Accra, has a net present value of US$1.3 billion at a discount rate of 8% with expected free cash flow of US$2 billio...Read More

Moody's downgrades mining sector outlook to negative

September 22, 2022 / www.northernminer.com

Credit rating firm Moody's Investors Service said on Thursday it had changed its outlook for the global metals and mining industry from stable to negative as a global economic slowdown continues to soften demand. The downturn is affecting prices, which consequently reflects a decreasing profitability for the largest Moody's-rated companies in the industry during the upcoming 12 months, the firm s...Read More

No quick fix to reduce tailings, ICMM roadmap shows

September 22, 2022 / www.northernminer.com

The London-based International Council on Mining and Metals (ICMM) says mining companies should be able to use emerging technologies within 15 years to drastically reduce the tailings that continue to kill and cause destruction when tailings storage structures fail.The ICMM estimates developing new technologies such as no-waste mine architecture, in-situ-leaching and non-chemical extraction, all a...Read More

Researchers working on smart drone capable of preventing tailings dams failures

September 22, 2022 / www.northernminer.com

Engineers at West Virginia University are developing new technologies for coal waste storage facilities that will detect and prevent potential failures like leakage of hazardous materials into the environment.After receiving almost half a million dollars in funding from the United States Department of Energy, the researchers plan to deliver an aerial robot-enabled inspection and monitoring system...Read More

GM invests in Canadian lithium-ion battery recycler

September 22, 2022 / www.northernminer.com

General Motors is boosting efforts to secure lithium supplies, a crucial ingredient for electric vehicle (EV) batteries, by investing in Canadian battery recycling company Lithion Recycling Inc.The move creates a partnership between the world's second largest automaker and the Quebec-based company to pursue a circular battery ecosystem using Lithion's technology. Financial details of the investmen...Read More

Jeffrey Gundlach: deflationary forces in the economy and where the S&P 500 could settle

September 22, 2022 / marketsanity.com

DoubleLine Capital, Released on 9/22/22 (Recorded on 9/20/22)Jeffrey Gundlach is the Chief Executive Officer and Chief Investment Officer of DoubleLine Capital. He is recognized as an expert in bond and fixed income investments. His investment strategies have been featured in leading publications from around the world In 2013, he was named "Money Manager of the Year" by Institutional Investor. He...Read More

Dave Kranzler: Physical silver market remains tight

September 22, 2022 / marketsanity.com

Arcadia Economics, Released on 9/22/22The COMEX silver price remains under $20, as paper contracts are being sold, while the Federal Reserve continues to hike 75 basis points at a time. Yet in today's show, Dave Kranzler of Investment Research Dynamics points out that there are indications of tightness in the physical silver market, and he talks about the factors he's seeing that are adding pressu...Read More

Gerald Celente: War Drums Beating Louder

September 22, 2022 / marketsanity.com

Trends Research, Released on 9/22/22Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, ri...Read More

Armstrong: This is the hateful generation of leaders who will take the world to war

September 22, 2022 / marketsanity.com

Armstrong Economics, Released on 9/22/22Those above holding the reins of power over us mortal peons, always know better. Continue... Armstrong: This is the hateful generation of leaders who will take the world to war added by Herman James on 09/23/2022View all posts by Herman James ?+'Read More

Are Stocks Cheap Again?

September 22, 2022 / dailyreckoning.com

The stock market has taken a good cowhiding this year under the Federal Reserve's pitiless onslaughts.The Dow Jones has hemorrhaged some 6,500 points year to date. Both S&P 500 and Nasdaq Composite have absorbed similar blasts - on a percent basis.Trillions in stock market wealth have vanished into the great nothingness... whence it sprung.And so the delirious excesses of the past several year...Read More

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