Liberty and Finance, Released on 4/26/22The Dollar is losing its world reserve currency status, and the ramifications of this is going to be massive, says Andy Schectman, CEO & President of Miles Franklin Precious Metal Investments. "Dollar hegemony is granted to us by the fact that OPEC has always sold oil in Dollars," he says, "but that's ending right now." New agreements between countries are b...Read More
Dallas Morning News (via MSN), Released on 4/26/22Our technology can reduce the sample testing time to 30 minutes, but the sensitivity can be as good as those molecular tests.Continue... Scientists develop new technology that uses gold particles to screen for viruses added by Herman James on 04/26/2022View all posts by Herman James ?+'Read More
The estimate reflects results of an additional 58,837m of drilling up to the end of July 2021, an increased gold price of $1,650/oz for reserves and $1,900/oz for resources, and an exchange rate of 5Read More
The company reported a highlight of 876m grading 0.74% copper equivalent in hole 73 which also included intervals of 696m grading 0.80% and 210m grading 1.06% copper equivalent.Read More
RAPAPORT... India's polished-diamond exports rose 3% year on year in March as a higher average price outweighed a decline in shipment volumes, according to recent data from the Gem & Jewellery Export Promotion Council (GJEPC). India Trade Data for March 2022 Read More
RAPAPORT... Swiss watch exports rose strongly in March, passing the CHF 2 billion ($2.09 billion) stage earlier in the year than ever before.Global shipments increased 12% year on year to CHF 2.09 billion ($2.19 billion) for the month, the Federation of the Swiss Watch Industry reported Tuesday. The improvement came despite an extremely high comparison base the previous year - when the figure rose...Read More
Shanta's first quarter production was 11,408 ounces of gold, down by 2.2% year on year.Read More
RAPAPORT... Check out Rapaport'sinterviews with VIPs at the Dubai Diamond Conference at this link: rapaport.com/dmcc22Read More
RAPAPORT... Bonhams has appointed Stewart Young as director of jewelry and head of Asia for the category.Young has more than 10 years of experience in the auction industry, having previously held the position of deputy director and specialist at Sotheby's, as well as of director of jewelry at Tiancheng International Auctioneer in Hong Kong. He also worked as an independent jewelry designer, Bonham...Read More
Foremost Lithium Resource & Technology (previously Far Resources) has completed a ten hole 1,509 meter drill program at its Zoro lithium project in Manitoba, Canada.Read More
The equity distribution agreement is with Canaccord Genuity, Sprott Capital Partners LP, BMO Capital Markets and Haywood Securities. Shares in the firm fell 7.2% or C$0.07 to C$0.90.Read More
(IDEX Online) - Britain has imposed a 35 per cent tariff on loose diamonds imported from Russia.It's part of a $1.3bn package of new and increased tariffs on luxury goods aimed at further isolating the country over its invasion of Ukraine.The move comes a month after the British government named Alrosa as one of 65 Russian businesses and individuals being sanctioned in a move to "to cut off v...Read More
(IDEX Online) - A delegation from Alrosa reportedly visited Indian manufacturers last week to see if they could find a way round banking restrictions.The miner, part-owned by the Russian government, was excluded from the SWIFT financial messaging service after the war in Ukraine began in February.India, the world's biggest diamond polisher, relies heavily on Russian gems.Alrosa discussed opti...Read More
(IDEX Online) - More than 400 items from the Tiffany & Co archive are to be displayed at the iconic Saatchi Gallery, in London.Vision & Virtuosity celebrates the the jeweler's 150th anniversary in the capital.Highlights of the exhibition, which opens in June, include Tiffany's famed window displays, the original script from Breakfast at Tiffany's, the newly-acquired the 80-c...Read More
Ero Copper touts green focus and shareholder returnsSPONSOREDero copperIsoMetrix launches pioneering ESG applicationSPONSOREDisometrixBlackEarth Minerals boosts graphite asset in MadagascarSPONSOREDblackearth mineralsChampion Iron to fuel green steel revolutionSPONSOREDchampion iron Both companies have been viewed as among the most recalcitrant on matters linked to combatting climate change.Read More
Base metals prices on the London Metal Exchange rebounded on the morning of Tuesday April 26, while those on the Shanghai Futures Exchange were generally weaker in response to LME weakness on Monday.Dip buying seems to be unfolding again but, given the stronger macro-economic headwinds, we would be wary in case this rebound does not last.* The slide in China’s renminbi yuan is a potential ala...Read More
The short-term outlook, according to the bank, is for the copper market to remain tight thanks to a number of "supply challenges".Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 15 points in pre-opening trade. Index futures were virtually unchanged following release of the March Durable Goods Orders report at 8:30 AM EDT. Consensus was an increase of 1.0% versus a drop of 2.1% in February. Actual was an increase of 0.8%. Excluding transportation, consensus was an increase of 1.1%. Actual was...Read More
The deal sees Teck subsidiary Teck Chile granted options to earn up to a 75% interest in Loreto by making US$0.Read More
The funds, which are to come through an offering price of C$0.80 per share, are to be used to advance the company's Copper Creek and Contact Copper projects in the US.Faraday's share price on the Canadian Securities Exchange hit a record high of C$1 on April 26."I am pleased to see such strong demand across institutions and individual investors for our at-market financing, and I am delighted with...Read More