RAPAPORT... An article entitled "De Beers Jewellers Sees Sales Drop" - published on Diamonds.net and the NewsBrief on Wednesday, October 10, 2018, and in the TradeWire on Thursday, October 11, 2018 - was inaccurate. It referred to De Beers Jewellers' 2017 sales results, but was based on a company filing that only reflected inventory movement around the group, and not sales to consumers.As a r...Read More
Fusion GPS researcher Nellie Ohr and ex-FBI official James Baker set to testify before Congress; Rep. John Ratcliffe shares insight on 'Sunday Morning Futures.'Read More
Technical analyst Clive Maund uses charts to explain why he believes the gold bear market is over. Thursday was a momentous day for the precious metals sector with gold, GDX and other ?ndices, and giant gold ETF, GLD all breaking out on impressive volume, and this development was all the more extraordinary because it happened when the broad stock market was crashing. This is viewed as a strong si...Read More
RAPAPORT... Three financial institutions have agreed to guarantee a $125million loan to Botswana's diamond-manufacturing industry to strengthen thenation's economic growth.The US government's Overseas PrivateInvestment Corporation (OPIC) has partnered with Botswana Finance - a subsidiary of diamond-manufacturingcompany Lazare Kaplan International (LKI) - and Stanbic Bank to provide the loan....Read More
RAPAPORT... Stornoway Diamond Corporation's average price fell quarteron quarter in the three months ending September 30 due to weakness in theIndian market, it said last week. Prices of smaller and lower-quality stones have decreased sinceJuly due to challenging conditions in India, while larger and high-qualitycategories have remained strong, the company said. The miner's average price of$103 pe...Read More
RAPAPORT... Stornoway Diamond Corporation's average price fell quarteron quarter in the three months ending September 30 due to weakness in theIndian market, it said last week. Prices of smaller and lower-quality stones have decreased sinceJuly due to challenging conditions in India, while larger and high-qualitycategories have remained strong, the company said. The miner's average price of$103 pe...Read More
"RNC Minerals (TSX:RNX) Recovers 90-kilogram Specimen Slab, Estimated to Contain 1,000 Ounces of Gold, from Beta Hunt https://t.co/IdepMokOO9 #gold #investing"Read full newsRead More
"World Marijuana Market Predicted to Enjoy a 47% CAGR for the Next Nine Years #marijuana $CROP $WEED @nextgreenwave $ACB $APH #medical marijuana #cannabis #invest https://t.co/OIz0E7WH3v"Read full newsRead More
The British bank initiated coverage on Goldcorp, Kinross Gold, Newmont Mining and Yamana GoldRead full newsRead More
The VanEck Vectors Gold Miners ETF is flying today as investors seek safety in gold stocks. Here's how to profit with GDX options.Read full newsRead More
More than 30 gold miners have died in an informal pit in the Democratic Republic of Congo's South Kivu province after a landslide, officials said Thursday, with dozens more feared trapped.The incident happened a week ago in Misisi in the Fizi region.Read full newsRead More
There isn't much at the proposed mine site right now: just a long airstrip, with clusters of sturdy buildings in the middle of green mountains close to the Middle Kuskokwim River. But if completed, the Donlin gold mine would be one of the biggest in the world. Listen nowRead full newsRead More
"@lamb2_lion Their customers (stainless steel producers) will be short their traditional sources of Ni feed (some of which will be redirected to battery production) and thus have to bid up FeNi and NPI prices."Read full newsRead More
"@lamb2_lion Sulphide ore is not class 1 Ni, nor is sulphideconcentrate. Class 1 Ni is a refined product that can be made from either sulphide or laterite ores. Ni sulfate, in turn, can also be made from many sources, including Class 1 briquettes or MHP (which itself comes from laterites)."Read full newsRead More
"@lamb2_lion Thanks for RTs & Likes. But to be clear, there's no such thing as a "class 1" Ni explorer. A sulphide miner 1st produces concentrate, which yields ~73% of Ni spot price. Without their own smelter, sulphide miners will see limited benefit from EVs. FeNi miners on th'other hand..."Read full newsRead More
The bull market could be nearing its end, and a new panic is approaching.The U.S. Mint just issued a troubling report.It appears that sales of physical gold and silver are in full collapse.At the Mint, U.S. Gold Eagle coins sold through August have dropped 18% compared to last year.And sales of U.S. Silver Eagle coins fell a whopping 32.6% in August 2018 compared to August 2017.What exactly is go...Read More
"Weekly Big News Round-Up. What happened in the Resource sector in the past week? Find out here: https://t.co/Xg2Aj5WruO #resource #mining #investing"Read full newsRead More
(Reuters) - Barrick Gold Corp (ABX), which recently announced a $6.1 billion deal to acquire Randgold Resources Ltd, affirmed its 2018 gold and copper production forecast recently, reflecting improvements in operations.Citing preliminary data, Barrick said its 2018 effective tax rate was expected at about 48 to 50 percent, up from a previous forecast of 44 to 46 percent, because of lower-than-expe...Read More
An overview of the battery raw materials markets and their price moves from the past week.Read More
Movements in the prices of base metals on the London Metal Exchange were mostly upward at the close of trading on Friday October 12.This was supported by the emergence of fresh buying amid a softer US dollar index and increased market optimism about trade talks between the United States and China.Most prominent among the gains in the complex over the afternoon was the rise in the three-month lead...Read More