RAPAPORT... BlueRock Diamonds' stock price dropped 29% after it signed a financing deal that could dilute current shareholders' interest in the company.The miner, which runs the Kareevlei deposit in South Africa, made a deal with Teichmann Company that will potentially increase the investor's stock from 17.4% to 51%, BlueRock said Tuesday.The company will initially issue a GBP 1 million ($1.2...Read More
The more you know about your customers, the better you can connect with them, market to them and ultimately give them what they want.RAPAPORT... Creating a profitable retail business used to be a guessing game reliant on a bit of luck married with years of experience and observation. It required jewelry store owners to know not only which products their customers are interested in now, but which t...Read More
RAPAPORT... Israel saw a jump in polished trading but a drop in rough shipments during June, reflecting forces affecting the global diamond industry.Rough shortages have emerged across the sector due to the lack of Russian goods since Western sanctions on Alrosa began in March. However, demand has mostly stayed strong in the important US market, with exhibitors reporting brisk business at las...Read More
(IDEX Online) - The Oppenheimer family - which sold its stake in De Beers for $5.1bn - has been granted an interim court order to halt gold exploration at its ranch in Zimbabwe.Nicky Oppenheimer (pictured), whose grandfather Sir Ernest Oppenheimer founded mining giant Anglo American, sought a high court injunction after a prospector's plane was spotted over the 65,000-hectare Shangani Ranch,...Read More
(IDEX Online) - Shanghai Diamond Exchange (SDE) is reporting a "surge in trading", with transactions worth $3.82bn from January to June of this year.That's an increase of 86 per cent on the same period in pre-Covid 2019. The pandemic saw China's diamond imports down by almost a half in 2020 and 2021.Lin Qiang, president of SDE, said: "The strong rebound of diamond import not...Read More
(IDEX Online) - De Beers will more than double the number of its stores in India, buoyed by a strong 2021 performance.The company reported positive consumer sentiment during the first half of 2022 and predicted similar success.De Beers India will increase the number of exclusive operative stores from 14 to 30, managing director Sachin Jain told PTI."The year 2021, the calendar year, was the best y...Read More
Orexplore leads the pack in core analysisSPONSOREDorexploreAlmonty plans top tungsten production outside ChinaSPONSOREDalmonty industriesAsian Battery Metals AllianceSPONSOREDaranjin resourcesStars align for Tinka at AyawilcaSPONSOREDtinka resourcesAurania's president and CEO Keith Barron noted Wood's contributions over the past three years and his stewardship through the Covid-19 pandemic.He as a...Read More
U.S. equity index futures were lower this morning. S&P 500 future slipped 10 points in pre-opening trade.Focus today is on FOMC meeting minutes to be released at 2:00 PM EDT. More information on the Federal Reserve's plan to increase the Fed Fund Rate is expected.Resolute Forest Products gained $8.04 to US$20.53 after Domtar offered to purchase the company for $20.50 per share. Value of the of...Read More
Nouveau Monde Graphite (TSXV: NOU; NYSE: NMG) has released an integrated feasibility study for its Matawinie mine project and B?(C)cancour battery material plant, both in Quebec, that reported a higher capital expenditure than expected by BMO analysts.The projects are located within a 150-km radius of Montreal.According to the latest study, the Matawinie mine project is expected to produce an aver...Read More
Canada Nickel Company (TSXV: CNC; US-OTC: CNIKF) believes that its Crawford project in northern Ontario contains the fifth largest nickel sulphide resource globally, after a new estimate released by the company on July 6 more than doubled the project's measured and indicated resource estimate.Its latest measured and indicated resources now total 1.4 billion tonnes grading 0.24% nickel and 6.59% ir...Read More
Marathon Gold (TSX: MOZ) has increased the mineral resource estimates for its Valentine gold project in central Newfoundland, the largest undeveloped bullion project in Atlantic Canada.The Toronto-based miner said that total measured and indicated mineral resources now stand at four million ounces (64.6 million tonnes at 1.90 grams gold per tonne), a 26% growth in ounces and over 10% increase in g...Read More
Granada Gold Mine (TSXV: GGM; US-OTC: GBBFF) has updated the mineral resource estimate at its flagship Granada property, a past producer located adjacent to the Cadillac Break in the Abitibi near Rouyn-Noranda, and is close to several gold deposits and operating mines in northwestern Quebec.This is the second time that the company has published a resource update since shifting its approach to the...Read More
The green energy revolution is driving unprecedented demand for sustainable sources of base metals and uranium which is increasingly seen as an acceptable form of baseload power generation.Here's a list of the top ten Canadian-headquartered base metal and uranium juniors with no production. The ranking is based on the companies' market capitalization as of June 9, as compiled by Mining Intelligenc...Read More
Shares in Savannah Resources (AIM: SAV) fell as much as 35% in early trading today after revealing the sudden exit of its chief executive and having to complete an additional environmental licensing step for its flagship Mina do Barroso lithium project in Portugal.The company said CEO David Archer was stepping down immediately after almost nine years in the post. He's being succeeded on an inter...Read More
The latest drill results from the Kay mine project in central Arizona demonstrate more intervals of gold and copper-rich sulphide mineralization, Arizona Metals (TSXV: AMC; US-OTC: AZMCF) reports.Results from 17 drill holes released today included 100.9 metres grading 1.24% copper, 1.54 grams gold per tonne, 1.56% zinc, 25.8 grams silver per tonne and 0.14% lead (2.54% copper-equivalent/4.16 grams...Read More
Silver Bullion TV, Released on 7/6/22SBTV spoke with Bill Holter about why we are at a crossroads witnessing the end of western hegemony and the end and rise of empires. Regardless, such events are not new and gold and silver will continue to be money!Discussed in this interview:00:00 Introduction01:23 Crisis brewing ahead02:51 Comparing the 2008 Great Financial Crisis versus today07:52 QE to infi...Read More
David Moadel, Released on 7/6/22Want more help from David Moadel? Contact me at [email protected]David Moadel is a trader and investor of stocks and options. A former elementary school teacher, David has a master's degree in education and a unique ability to convey knowledge in the area of finance. He has coached many people and likes to combine fundamental and technical analysis to help people f...Read More
Financial Survival Network, Released on 7/6/22Summary: Have we already reached a recession? As the economy slows down and people begin to stop purchasing, it seems as if this is the case. Here to discuss this is John Rubino from Dollar Collapse, and he unpacks the current decline of the global economy-expanding beyond the US and touching all markets. Things are only going to get messier, so tune i...Read More
George Gammon, Released on 7/6/22George 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 ag...Read More
CNBC, Released on 7/6/22"We're a long ways away from pre-covid levels," warns @pboockvar He also shares this thoughts on the Fed minutes and why he thinks the economy needs to go through this 'self-imposed pain'. pic.twitter.com/3RaBN69vzI- CNBC's Fast Money (@CNBCFastMoney) July 6, 2022 Peter Boockvar is the Chief Investment Officer of Bleakley Financial Group and Editor of The Bo...Read More