RAPAPORT... Mountain Province reported a loss in the third quarter despite record revenue, as the weak Canadian dollar dragged down its bottom line.The company had a net loss of CAD 7.2 million ($5.4 million) for the three months ending September 30, compared with a profit of CAD 8.8 million ($6.5 million) a year earlier, it said Wednesday. The decline resulted from unrealized foreign exchange los...Read More
RAPAPORT... The Fortune Pink diamond was the top seller at Tuesday's Christie's jewelry auction in Geneva, bringing in nearly $29 million.The 18.18-carat stone, the largest pear-shaped, fancy-vivid-pink diamond ever offered at auction, fetched CHF 28.4 million ($28.9 million) at the November 8 Magnificent Jewels sale, Christie's said Wednesday. That price was at the lower end of its CHF 25 million...Read More
(IDEX Online) - The owner of the Tiffany & Co jewelry empire in Turkey died after plunging from a cruise ship off the coast of Tahiti, in the South Pacific.Relatives of Dilek Ertek, 71, believe CCTV footage shows her falling to her death at 3am, but say her partner, 74, did not report her missing until 20 hours later.He was questioned by police in Tahiti when the Norwegian Spirit cruise ship (...Read More
(IDEX Online) - Fugitive diamond tycoon Nirav Modi today lost his last-ditch battle against extradition to India, where he faces charges of fraud and money laundering.The 51-year-old, who has been in a British prison since March 2019, had argued he was a suicide risk if he was sent back.He is accused of fraudulently using letters of undertaking offered by the Punjab National Bank (PNB) in an alleg...Read More
(IDEX Online) - The 18.18-carat Fortune Pink diamond sold yesterday at Christie's Geneva for $28.8m - above its $25m low estimate but below the $35m high estimate.The largest pear-shaped fancy vivid pink diamond ever to be auctioned was bought by an unnamed Asian private collector after a three-way battle between telephone bidders.The diamond, mined in Brazil more than 15 years ago, was displ...Read More
PolarX following up promising results at Nevada gold-silver projectSPONSOREDpolarx limitedSaudi to lead mining super regionSPONSOREDsaudi ministry of industry and mineral resourcesAura picks up the pace on its pathway to uranium production at TirisSPONSOREDaura energy A "critical incident" involving an employee of mining contractor Procon occurred at the mine on October 22.Read More
PolarX following up promising results at Nevada gold-silver projectSPONSOREDpolarx limitedSaudi to lead mining super regionSPONSOREDsaudi ministry of industry and mineral resourcesAura picks up the pace on its pathway to uranium production at TirisSPONSOREDaura energy That NPAT could have been a lot better had it not been for $257 million in significant items.Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 20 points in pre-opening trade. Index futures responded to Congressional election results that are too close to call.Walt Disney dropped $6.80 to $93.10 after reporting less than consensus fiscal fourth quarter revenues and earnings.Meta Platform added $3.88 to $100.35 after announcing plans to reduce its work force b...Read More
The Lead-Lag Report, Released on 11/9/22The Fed is about to raise rates into a recession.What??John Mauldin is a renowned financial expert, a New York Times best-selling author, a pioneering online commentator, and the publisher one of the first publications to provide investors with free, unbiased information and guidance, Thoughts from the Frontline-the most widely read investment newsletter in...Read More
Silver Bullion TV, Released on 11/9/22SBTV spoke with Chris Powell, Secretary and Treasurer of the Gold Anti-Trust Action (GATA) Committee about central banks' efforts to silence gold and why the Bank of International Settlements' (BIS) gold swaps collapse this year could signal the end of paper gold markets.00:00 Introduction01:22 Credit drying up04:56 Silencing gold08:16 Central bank gold11:01 F...Read More
Stansberry Research, Released on 11/9/22"Election night was a purple wave, and we are in a deep bear market," says market expert Todd "Bubba" Horwitz, founder of bubbatrading.com. "They are destroying competition, the way this administration is running the country," he tells Daniela Cambone. "It could be a brutal fourth quarter," with no clarity on policy, energy, or inflation, Horwitz continues....Read More
Howe Street, Released on 11/9/22Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," as well as a popular daily financial blog: www.jugglingdynamite.com. Danielle worked as an attorney until 1997 when she was...Read More
Wall Street Silver - Twitter, Released on 11/9/22Now The Elite Want You To Pay Climate Reparation's ... ???? ??OE?...Taking money from poor people in rich countries, and sending it to rich people in poor countries.??"?sound ...??"???"???"????? pic.twitter.com/mloBJpDI8e- Wall Street Silver (@WallStreetSilv) November 9, 2022 Now The Elite Want You To Pay Climate Reparation's... added by Herman...Read More
CNBC, Released on 11/9/22Maryland and Missouri join 19 other states and the District of Columbia in legalizing recreational marijuana, while legalization Continue... Here's how five states voted on the legalization of recreational marijuana added by Herman James on 11/09/2022View all posts by Herman James ?+'Read More
Kyle Bass - Twitter, Released on 11/9/22Beleaguered Credit Suisse is being forced to pay approx 9% to issue bonds today in an attempt to shore up their balance sheet. When a G-SIFI's Senior CDS trades at 350bps and they are paying 9% to raise money in the bond market, things are not 'good'. #bankrun #CS #Broken pic.twitter.com/4zmpqZ0gkX- ???????,Kyle Bass???????? (@Jkylebass) November 9, 2022 Kyl...Read More
Armstrong Economics, Released on 11/9/22The net result of this war between the left v right is the end of the United States. There is Continue... Armstrong: 2022 A House Divided Eventually Falls added by Herman James on 11/10/2022View all posts by Herman James ?+'Read More
SHTFplan, Released on 11/9/22As talks of nuclear war continue, Russia is warning of a "radiation disaster." The war rhetoric is ever-increasing and could ignite globally at any time. "Today we face the threat of a radiation disaster," Continue... Russia Warns of a "Radiation Disaster" added by Herman James on 11/10/2022View all posts by Herman James ?+'Read More
Increasing consumption will outstrip the mining industry's ability to ramp up supply, resulting in commodity deficits as early as 2024, a new analysis by S&P Global has found.The report, 'The big picture: Metals and Mining,' says that global efforts to decarbonize are driving the rollout of metals-intensive technologies, bringing about near-term challenges in the commodities sector.On the battery...Read More
Engaging in the global critical minerals market means facing up to the huge challenge presented by China, says Neo Performance Materials' (TSX: NEO) CEO and president Constantine Karayannopoulos.Speaking during an exclusive Q&A session at Wednesday's Critical Minerals Summit 2022, held at the National Club in downtown Toronto, Karayannopoulos outlined the task ahead for Western countries and compa...Read More
Canada's Turquoise Hill Resources (TSX: TQR) is indefinitely postponing a shareholders vote on the proposed US$3.3-billion takeover of the company by Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) as Quebec's top securities regulator has stepped in.The Montreal-based miner said the Autorit?(C) des march?(C)s financiers (AMF) is investigating whether a side deal between Rio Tinto and dissident sharehold...Read More