Rand Paul - Twitter, Released on 6/16/22Today Rand Paul asked Fauci a simple question: Are there any studies that show a reduction in hospitalization or death for children that take a booster?His answer: NoThen why is the government recommending it??>>?Dr. Rand Paul is the junior United States Senator for Kentucky. Elected in 2010, he has proven to be an outspoken champion for constitutional liber...Read More
Money Metals, Released on 6/16/2261% of respondents saying they expect global gold reserves to increase over the next 12 months.Continue... Central Bank Demand for Gold Set to Strengthen added by Herman James on 06/16/2022View all posts by Herman James ?+'Read More
The Daily Gold, Released on 6/16/22Gold's outperformance of the stock market is another positive signal for the market. Continue... Gold Setting Up to Surge After Summer added by Herman James on 06/16/2022View all posts by Herman James ?+'Read More
The "new" regulators must be scratching their heads...by Bix Weir of Road to RootaThe "New" regulators at the CFTC must be scratching their heads that 565 Million ounces of derivative silver (70% of annual silver production!) traded on Monday to suppress the price of silver! I'd love to hear their explanation WHY especially because 99% of it was the SAME BANKS trading back and forth to each other...Read More
The latest planned merger between Toronto-listed Elemental Royalties and Altus Strategies announced on June 14 is expected to be followed by other royalty and streaming firms who have enjoyed strongRead More
News: Sentiment positive following Las Vegas shows. Fairs had busy visitor traffic; jewelers with good liquidity after profitable 2021 bought vigorously ahead of holiday season. US jewelry sales +22% in May, says Mastercard. High end robust. Consumers purchasing diamonds as hedge against inflation and stock market slump. Many concerned about rising cost of living as Fed hikes interest rates 0.75%...Read More
RAPAPORT... The International Colored Gemstone Association (ICA) has appointed industry veteran Doug Hucker as CEO, to succeed Gary Roskin.Hucker was the CEO of the American Gem Trade Association (AGTA) for the past 24 years, before leaving in March. He has also served on the boards of a number of industry associations, including the American Gem Society (AGS), the Jewelers Vigilance Committee (JV...Read More
RAPAPORT... US retail sales slowed slightly in May amid rising inflation and higher prices for essential goods.Revenue slipped 0.3% from the previous month, versus a 0.7% increase in April, according to data the US Census Bureau released Wednesday. May sales rose 8% compared with a year earlier. Several other factors also contributed to the slowdown."There's been little relief from inflation, and...Read More
For the year-to-May, Dynacor's cumulative sales are $87.2 million, which is a 26% year on year increase. The January-May sales translate to an annualized rate of $210.78 million.The May sales were up 24% year on year and 11% month on month.Dynacor's average selling price in May was $1,846/oz, compared to $1,873/oz in May of last year. The 2022 forecast is based on an average gold price of $1,800/o...Read More
"His breadth of experience is well-suited to lead our company into the future," NV Gold's chairman John Watson said."John's strong background in finance and investor relations, combined with his industry reputation will be pivotal to achieving the company's goals. NV Gold is pursuing an aggressive exploration strategy designed to take advantage of its significant Nevada property portfolio," he sai...Read More
CONEXPO-CON/AGG, Taking Construction to the Next LevelSPONSOREDconexpo-con/agg 2023Advancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningChinese Strategic AllianceSPONSOREDxanadu minesFar more than companies in other sectors, miners have an implied freedom to switch strategic direction, perhaps fre...Read More
(IDEX Online) - The Kimberley Process (KP) must "stop turning blind eye to Russia's invasion of Ukraine and take fight against conflict diamonds seriously". The KP Civil Society Coalition (KPCSC), the umbrella organization that oversees its activities, issued a strongly-worded statement on Tuesday, accusing the KP of being "no longer fit for purpose".An attempt by Western...Read More
(IDEX Online) - Gem Diamonds has recovered an exceptional Type II 245-carat diamond (pictured) from its Letseng mine in Lesotho.It's the third +100-carat stone in three weeks from the world's highest dollar per carat kimberlite diamond mine.London-based Gem recovered a 129-carat stone on 23 May at Letseng, the world's highest diamond mine, 3,100 meters above sea level in the Maluti...Read More
(IDEX Online) - The Responsible Jewellery Council (RJC) says Kering, Richemont and other members have rejoined, after their high-profile departures over the organization's ties with Russia."Most of the small number of members who briefly left the RJC in late March rescinded their resignations within a few weeks, including all the Kering and Richemont maisons, retaining their long-standing RJC...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 84 points at 7:30 AM EDT. Index futures are responding to expectations that the Bank of England will increase its overnight lending rate today.U.S. equity index futures were waiting for release of economic news at 8:30 AM EDT. Consensus for the June Philly Fed Index is an increase to 5.3 from 2.6 in May. Consensus for...Read More
The planned closure of three producing diamond mines in the Northwest Territories in the next few years will open a gap in the territorial economy, but the N.W.T.'s industry minister says she's confident several ongoing initiatives could fill the economic hole.The Ekati mine, operated by Arctic Canadian Diamond, is expected to close as soon as 2024. Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO)'s Diav...Read More
Amex Exploration (TSXV: AMX; US-OTC AMXEF) continues to report high grade results from the Eastern gold zone of its Perron gold project, located 110 km north of Rouyn-Noranda in Quebec. Highlights of the drilling, which focused on expanding the "High Grade Zone (HGZ)" outside of the main core of the zone, included 15.9 metres grading 15.52 grams gold per tonne starting from 848.2 metres in hole...Read More
Mines of the future will need software developers, data analysts and even bio-technology scientists to be able to meet the rising of demand of metals, needed for decarbonization, in an environmentally friendly way, said Teck Resources' (TSX: TECK.B; Nasdaq: TECK) Jeff Hanmanin a keynote speech on the final day of PDAC 2022. Hanman, Teck's vice-president of sustainable development gave examples...Read More
Calibre Mining (TSX: CXB; US-OTC: CXBMF) has received an environmental permit for the development and production of the company's Pavon central deposit in Nicaragua. In 2021, Calibre initiated production at Pavon Norte, one of the project's three gold deposits. With the latest permit, the miner aims to begin production at the central deposit in the first quarter of 2023. "The approval of Pavon...Read More
BHP's (NYSE: BHP; LSE: BHP; ASX: BHP) planned exit from thermal coal has been modified as the company has decided to keep its Mount Arthur mine, New South Wales' largest coal operation, after failing to find a buyer for it.For the past two years, the world's largest miner has offloaded coal assets as it seeks to reduce emissions and streamline its portfolio.It succeed in selling its stake in the...Read More