The US$75 million deal paves the way for the largest and highest-grade silver producer in the US to buy the largest and highest-grade silver reserve in Yukon, Canada.Read More
RAPAPORT... Bonhams has purchased French auction house Cornette de Saint Cyr in a deal that beefs up the UK-based company's international presence.Established in 1973, Cornette de Saint Cyr is based in Avenue Hoche in Paris, with a second salesroom in Brussels, Belgium."Cornette de Saint Cyr is one of the most loved auction houses in France," Bonhams CEO Bruno Vinciguerra said last week.The French...Read More
RAPAPORT PRESS RELEASE, July 5, 2022, Las Vegas... Diamond market sentiment received a boost from the Las Vegas shows, which demonstrated robust US demand. However, polished prices declined amid a weak global economic outlook and a rise in inventory levels. The RapNet Diamond Index (RAPI?,,?) for 1-carat diamonds slid 1.8% in June but increased 7.4% between the beginning of the year and July 1....Read More
Orexplore leads the pack in core analysisSPONSOREDorexploreAlmonty plans top tungsten production outside ChinaSPONSOREDalmonty industriesStars align for Tinka at AyawilcaSPONSOREDtinka resourcesAsian Battery Metals AllianceSPONSOREDaranjin resourcesNo wonder all eyes are on Quellaveco, Anglo American's giant new copper mine in Peru, due to come on stream within weeks.Read More
(IDEX Online) - British stores run by TJ Maxx are cutting the price of diamond rings by as much as 75 per cent.The global budget retail chain, which brands its 350 UK stores as TK Maxx, is selling a $4,800 14ct white gold ring (pictured) with 0.90ct diamonds (no further details given) for $1,200.A 9ct gold ring with 1-ct tcw of diamonds (again, unspecified) is down from $3,700 to $1,200.The compan...Read More
(IDEX Online) - Four million viewers have watched a TikTok video of hapless romantic Ross Bamber, 26, dropping a $1,200 diamond engagement into a lake during a disastrous marriage proposal.Video shows the ring falling from its box as he prepares to slip it on to the finger of fianc?? (C)e-to-be Geri Ashforth, 23 after a candlelit meal for two."That wasn't what I thought it was, was it?" she a...Read More
(IDEX Online) - Amazon and Cartier are jointly taking legal action against a Chinese social media influencer and eight businesses accused of counterfeiting.They accuse defendants named in court papers as Phmn9y3v, Vfdnytu, Amazing Jewelry You Want, Miao-He and others, of selling luxury goods through Instagram and other websites, infringing on Cartier's registered trademarks and violating Amaz...Read More
Orexplore leads the pack in core analysisSPONSOREDorexploreAlmonty plans top tungsten production outside ChinaSPONSOREDalmonty industriesStars align for Tinka at AyawilcaSPONSOREDtinka resourcesAsian Battery Metals AllianceSPONSOREDaranjin resourcesThe has been placed with Swedish firm Epiroc. The US$700 million nickel and copper development is located below the existing Craig mine and is being de...Read More
Satellite surveillance by commodities broker Marex and the satellite service Earth-i in their geo-spatial product SAVANT showed reduced smelting activity in Chile as well as weak activity in China andRead More
The Pumpkin Hollow copper project owner has agreed non-binding terms for the loan with its senior lender KfW IPEX-Bank and its largest shareholder Pala Investments by way of a new tranche extension of the existing senior credit facility with KfW.The update follows Nevada Copper last week announcing that liquidity issues had resulted in the company suspending most mining activities and falling into...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 41 points in pre-opening trade. Alphabet $GOOG slipped $19.75 to $2,155.00 after Moness lowered its target price from $3,500 to $2,900.Shopify slipped $0.42 to US$30.99 after Truist lowered its target price from $45 to $35.General Motors dropped $0.54 to $31.65 after JP Morgan lowered its target price from $71 to $64....Read More
The shares of two Red Lake Gold Camp-focused 'close-ology plays' crashed on Tuesday after they made public that Barrick Gold (TSX: ABX; NYSE: GOLD) has named them parties in a statement of claim for $120 million for a cancelled exploration earn-in option on each of the companies' respective exploration projects.Dixie Gold (TSXV: DG) and Red Lake Gold (CSE: RGLD), each headed by CEO Ryan Kalt, reve...Read More
In an update on the recommissioning of its wholly owned Beaufor mine and Beacon mill, Monarch Mining (TSX: GBAR; OTC: GBARF) said it has begun feeding ore to the mill and expects to make its first gold pour this month.The Beaufor mine and Beacon mill are located about 20 km northeast of Val d'Or, Que., and have produced over 1.1 million oz. of gold since it first opened in the 1930s. Monarch acq...Read More
Shares of Rio2 (TSXV: RIO; US-OTC: RIOFF) on Tuesday reached their lowest value since March 2020 as Chile's regional evaluation commission, which includes 12 government bodies, again rejected the company's environmental impact assessment (EIA) for its Fenix Gold project in the Atacama region.The news comes days after the project's EIA was denied by the environmental assessment service (SEA), a nat...Read More
Africa-focused rare earths explorer Mkango Resources (TSXV: MKA) has reached a major milestone with the release of a definitive feasibility study for its Songwe Hill project in Malawi. Located 90 km from the commercial centre of Blantyre, the Songwe project is the cornerstone of Mkango's mine, refine and recycle strategy, underpinning the development of a proposed separation plant in Poland and co...Read More
This week's episode features CPM Group managing partner Jeffrey Christian in conversation with host Adrian Pocobelli. Jeffrey discusses an increase in busyness in the precious metals market, as well as how central banks around the world are starting to buy gold at higher prices. He also explains why the G7 plan to ban Russian gold exports is largely symbolic with few real-world implications.All th...Read More
American silver producer Hecla Mining (NYSE: HL) has agreed to acquire all shares of Canadian Alexco Resource (TSX: AXU: NYSE-AM: AXU) it doesn't already own, in a deal that values the target's shares at US47 ? each.The Coeur d'Alene, Idaho-based miner, said the figure represents a premium of 23% based on Alexco's five-day volume weighted average price on the New York Stock Exchange on July 1.At...Read More
Road To Roota, Released on 7/5/22Are you surprised that Silver, Gold and Cryptos aren't responding the way they are supposed to in a hyper-inflationary world? Don't be! THEY ARE ALL RIGGED! We will live through the End Game of computer market rigging in 2022! Then you will be very happy that you held your assets OUT OF THE SYSTEM!Bix Weir has 30 years' experience in the financial industry with var...Read More
Liberty and Finance, Released on 7/5/22Andy Schectman is the President and CEO of Miles Franklin Ltd. Precious Metals. Andy Schectman, economic collapse, gold, inflation, precious metals, silverMarkets Plunge, What's Next | Andy Schectman LIVE Q&A added by Herman James on 07/05/2022View all posts by Herman James ?+'Read More
ITM Trading, Released on 7/5/22The U.S. is experiencing the most expensive Real Estate bubble in history and with the interest rates rising, these markets are starting to flash warning signs. Lynette Zang has held the position of Chief Market Analyst at ITM Trading since 2002. Ms. Zang has been in the markets on some level since 1964. Her mission is to convert financial noise into understandable l...Read More