The European Union Council of Ministers has approved 2019 duty-free quotas for a range of aluminium imports whose production within the EU is insufficient to meet demand.These quotas will come into force on January 1, 2019, and will remain in place until December 31 of the same year. They include imports of 2,000 tonnes...Read More
RAPAPORT... De Beers and Alrosa have released the dates of theirrough-diamond sales for 2019. Next year, De Beers will not hold a sight inOctober, replacing it with a sight in August instead. Alrosa sales also includegoods from its subsidiaries, Alrosa-Nurba, Severalmaz and Almazy Anabara.De Beers holds 10 sales, or sights, in Botswana every year, atwhich it sells about 90% of its rough suppl...Read More
RAPAPORT... Eurostar Diamond Traders has entered restructuringproceedings in Belgium, having amassed substantial debts, according to the company'scourt-appointed administrator.The Antwerp-based diamond manufacturer owes morethan $500 million to creditors across its global operations, Alain Van den Cloot, a lawyer at de ClippeleAdvocaten, estimated in an email to Rapaport News. Two Antwerp cou...Read More
RAPAPORT... Diamcor Mining's rough-diamond sales rose 62% year on yearto $1.4 million in the third fiscal quarter. The company sold 7,162 carats during the period which ends December 31, for an average price of $196 per carat, it said last week. At its December tender, the last of the quarter, the miner garnered$303,138 from the sale of 1,905 carats, at an average price of $159 per carat.Dia...Read More
(IDEX Online) - Lucapa Diamond Company Limited has declared an $8 million distribution and loan repayment. Of the $8 million, half will be distributed to the partners in the Lulo mine in Angola, with Lucapa receiving $1.6 million in line with its 40% interest. The other $4 million will be a loan repayment to Lucapa. The $8 million payment will come from the cash reserves of SML, the...Read More
(IDEX Online) - Maxim Shkadov, Director General of Russia's Kristall (Smolensk), the largest diamond manufacturer in Russia, is leaving the company to join ALROSA. He will be involved "in the issues of integration of ALROSA and Kristall, the two largest Russian enterprises in the field of production and manufacturing of diamonds," Kristall said in a statement. The integration o...Read More
RAPAPORT... De Beers and Alrosa have released the dates of theirrough-diamond sales for 2019. Next year, De Beers will not hold a sight inOctober, replacing it with a sight in August instead. Alrosa sales also includegoods from its subsidiaries, Alrosa-Nurba, Severalmaz and Almazy Anabara.De Beers holds 10 sales, or sights, in Botswana every year, atwhich it sells about 90% of its rough suppl...Read More
RAPAPORT... Diamcor Mining's rough-diamond sales rose 62% year on yearto $1.4 million in the third fiscal quarter. The company sold 7,162 carats during the period which ends December 31, for an average price of $196 per carat, it said last week. At its December tender, the last of the quarter, the miner garnered$303,138 from the sale of 1,905 carats, at an average price of $159 per carat.Dia...Read More
"The Longest Bull Market In History Is Over As S&P Suffers Worst Christmas Eve Trading Day On Record | Zero Hedge #stocks https://t.co/3B8DBgT5Pq"Read full newsRead More
The two amateur prospectors spied what they had come looking for- an abandoned mine shaft possibly hiding treasure within. But it wasn't gold or silver the two sought in a rural Nevada ...Read full newsRead More
Please note: US markets are closed tomorrow for Christmas. CloseGain/LossGold $1269.00+$13.50Silver$14.77+$0.15XAU70.55+2.74%HUI161.79+3.40%GDM586.16+2.58%JSE Gold1359.59+42.78USD96.49-0.54Euro114.21+0.58Yen90.68+0.66Oil$42.53-$3.0610-Year2.734%-0.049T-Bond145.40625+0.59375Dow21792.20-2.91%Nasdaq6192.92-2.21%S&P2351.10-2.71% The Metals: Gold gained nearly $10 in Asia before it halved its...Read More
MERRY CHRISTMASThe US government shut down (if any) should be bullish for gold once again. I repeat, other than economics all other factors are ripe for 2019 to be a "gold en" year. There is speculation that Trump may replace the Federal Reserve chief Jeremy Powell. The US dollar will lose its so called safe haven status if there is such a move. The euro and pound and even the Chinese have som...Read More
Please note: US markets are closed tomorrow for Christmas. CloseGain/LossGold $1269.00+$13.50Silver$14.77+$0.15XAU70.55+2.74%HUI161.79+3.40%GDM586.16+2.58%JSE Gold1359.59+42.78USD96.49-0.54Euro114.21+0.58Yen90.68+0.66Oil$42.53-$3.0610-Year2.734%-0.049T-Bond145.40625+0.59375Dow21792.20-2.91%Nasdaq6192.92-2.21%S&P2351.10-2.71% The Metals: Gold gained nearly $10 in Asia before it halved its...Read More
MERRY CHRISTMASThe US government shut down (if any) should be bullish for gold once again. I repeat, other than economics all other factors are ripe for 2019 to be a "gold en" year. There is speculation that Trump may replace the Federal Reserve chief Jeremy Powell. The US dollar will lose its so called safe haven status if there is such a move. The euro and pound and even the Chinese have som...Read More
"$SFTBF - The Disappointing Telco IPO Is Not A Catastrophe For SoftBank Group Corp. - But It Points To What Could Become One https://t.co/mfrQ3VkdEl"Read full newsRead More
Last week's top-gaining mining stocks on the TSX were International Tower Hill, Rubicon Minerals, Alamos Gold, Belo Sun Mining and Alio Gold.Read full newsRead More
"In case you missed it... North Bud to start operations at Low facility in Q1 -- @Northbudco #NBUD $NBUD #CSE #BNN #momentumstocks #MarijuanaStocks #Potstocks #hemp #CBD #smallcap #cannabis #THC #medicalmarijuana -- Read it here: https://t.co/IzWu3FqLSX"Read full newsRead More
Allegiant Gold, Pinecrest Resources, PJX Resources, Kintavar Exploration and Foran Mining were the five top gainers on the TSXV last week.Read full newsRead More
"Merry Christmas to all our followers and see you in the New Year! Have a look at our mining quotes of year before we arrive in 2019: https://t.co/vkSpivpkXi"Read full newsRead More
"NORTHBUD Amends Licence Application to Add 500K SQ. FT. of Outdoor Cultivation Area and Provides a Corporate Update@Northbudco #NBUD $NBUD #CSE #BNN #momentumstocks #Potstocks #CBD #smallcap #cannabis #THC #medicalmarijuanaRead the News Release here: https://t.co/zsJWrG3wPW"Read full newsRead More