The precious metals sector continues to be viewed with disdain, posits technical analyst Clive Maund, who discusses the factors that he sees are behind changes in the market. The precious metals sector continues to be viewed with disdain and skepticism by the vast majority of investors, which is exactly what you want and expect to see at the earliest stages of a major bull market. However, the cha...Read More
Technical analyst Clive Maund tracks movements in the platinum, gold and silver markets.It was a very good day for the metals Friday, as they rose sharply in response to the dollar going into reverse after a sizable run-up. A very significant development was that platinum broke out of its Head-and-Shoulders bottom on strong volume, a move which we had expected that marks the start of a bull market...Read More
Gold is the metalof kings, the ultimate money, an eternal store of value, an untarnishableembodiment of beauty. Gold is all those things. But it is not the most valuablemetal you can own on a cost-per-ounce basis.Often, platinum commands a higher price than gold.Lately, platinum has traded at an abnormally large discount to the yellowmetal. Metals investorswho want to hold the most concentrated we...Read More
Ted says it's hard to see how there wouldn't be a resolution to the ongoing price manipulation in the "immediate future". Here's more...by Ted Butler via SilverSeekTuesday's announcement by the Department of Justice of a guilty plea by a former trader of JPMorgan for systemic "spoofing" and price manipulation of gold, silver, platinum and palladium traded on the COMEX and NYMEX futures exchanges...Read More
Bix says we're easing in to freely traded markets, and silver will very soon move to a 1 to 1 ratio with gold. Here's more...by Bix Weir from Road to RootaWith the JP Morgan silver trader ratting his bosses out for YEARS of silver manipulation we SHOULD see silver find a TRUE Fair Market Value when the hammer comes down. 7 to 1 Gold ratio to OPEN! Read More
In one of the few exploration projects it is funding next year, Cameco (TSX: CCO; NYSE: CCJ) and its joint-venture partners Orano Canada and Purepoint Uranium (TSXV: PTU) are planning a 36 km ground-electromagnetic survey and 6,000 metres of diamond drilling at their Hook Lake uranium project in Saskatchewan.Cameco owns 39.5% of the project in the province's Patterson uranium district, with...Read More
45 km from Val-d'Or Access to highly skilled labour Access to infrastructure Existing mine shaft.Read More
* OPEC, non-OPEC panel to meet on Sunday* U.S. oil stocks swell, output at record levels -EIA* U.S. grants Iran's biggest customers sanction exemptions* Iran's crude, condensate exports: https://tmsnrt.rs/2PMqQgS (Updates with settlement prices, quotes)By David GaffenNEW YORK, Nov 7 (Reuters) - Oil prices slipped on Wednesday, continuing a recent slide after surging U.S. crude output hit another r...Read More
Investing.com - U.S. crude prices turned negative after American crude oil inventories rose more than expected and output also jumped, increasing concerns over global supply.The EIA data showed that crude oil inventories increased by 5.783 million barrels in the week to Nov. 2.That was compared to forecasts for a stockpile build of just 2.433 million barrels, after a rise of 3.217 million barrels...Read More
Investing.com - Gold prices moved higher on Wednesday as midterm elections created a divided U.S. Congress, pushing the dollar lower.At 9:56 AM ET (14:56 GMT), gold futures for December delivery on the Comex division of the New York Mercantile Exchange gained $5.40, or 0.44%, to $1,229.20 a troy ounce.Meanwhile, the?EUR?U.S. U.S. dollar index, which tracks the greenback against a basket of six maj...Read More
DR Congo: Is government intervention the real risk to watch?SPONSOREDverisk maplecroftBezant's Mankayan back in copper-gold spotlightSPONSOREDbezant resourcesKyzyl ramp-up signals new growth path at buoyant PolymetalSPONSOREDpolymetal internationalGolden Mile has the right stuff: ReynoldsSPONSOREDgolden mile resources The company said this week its 18-month assessment of what it called "best...Read More
CALGARY, Alberta, Nov.08, 2018(GLOBE NEWSWIRE) -- Copper Fox Metals Inc. ("Copper Fox" or the "Company") (TSX-V: CUU - OTC: CPFXF) is pleased to provide its shareholders an update on the progress of the 2018 program for the Schaft Creek copper-gold-molybdenum project located in northwestern British Columbia. The Schaft Creek project is managed through the Schaft Creek Joint Venture ("SCJV")....Read More
DR Congo: Is government intervention the real risk to watch?SPONSOREDverisk maplecroftBezant's Mankayan back in copper-gold spotlightSPONSOREDbezant resourcesKyzyl ramp-up signals new growth path at buoyant PolymetalSPONSOREDpolymetal internationalGolden Mile has the right stuff: ReynoldsSPONSOREDgolden mile resourcesJacques invited the industry to focus on how to stay relevant in the 21st cen...Read More
Polished trading slow as Indianmarket shuts for Diwali. Dealers focused on US orders ahead of holiday season,but hoping for boost from China's 11/11 Singles' Day. Alibaba expanding diamondand jewelry platform, enabling Belgian and Israeli suppliers to sell directlyto consumers. US e-commerce expected to rise 15% in Nov.-Dec. Rough tradingcautious ahead of De Beers sight as manufacturers hold large...Read More
Market very quiet, with most businesses closed for Diwali. Factoriesexpected to stay shut for two to four weeks, as dealers are stuck with largeinventories over the break. Jewelers report encouraging sales during thefestival, boosted by lower gold prices due to weak rupee. RoundRead More
RAPAPORT... The diamond and jewelry trade tends to be reactive rather than proactive. That was clear during the recent conference season, with the World Federation of Diamond Bourses (WFDB), the International Diamond Manufacturers Association (IDMA), the World Jewellery Confederation (CIBJO) and the World Diamond Council (WDC) all holding their annual meetings in October. Much of the discussion, a...Read More
RAPAPORT... Alrosa has reduced its full-year sales outlook amid weakerdemand for small stones in the second half, the miner said Thursday. The company expects to sell 37 million to 38 million caratsthis year, down from the 39 million to 40 million carats it forecast in June. The miner has seen a shift to higher-value diamonds thisyear as the smaller categories performed less positively. Revenue g...Read More
(IDEX Online) - ALROSA, the world's leading diamond miner in volume terms, has revised downwards its guidance for 2018 sales to 37 million-38 million carats due to weaker demand for small-size rough diamonds in the second half of this year. The key highlights for the first nine months of this year are: Revenue increased by 11% on the back of higher price index and average diam...Read More
RAPAPORT... The future of US manufacturing is the focus of RapaportMagazine's November cover feature, with interviewees from across theindustry lending their views on the matter. US companies are increasingly sending work to overseasmanufacturers for cost reasons. Reversing that trend requires a multi-prongedapproach, jewelers say. "Bringing manufacturing back to the United States ispossible...Read More
(IDEX Online) - The American Gem Society (AGS) has announced its keynote and featured speakers for its annual Conclave to be held in Seattle from April 8-10. This year's lineup includes: Monday: The Opening Session lunch kicks off with Dan Thurmon, a speaker, author, and performer. Dan is president of Motivation Works, Inc. and author of Success in Action. His presentation juxtaposes...Read More