RAPAPORT... Christie's will offer a variety of diamonds at its two upcoming Jewels Online sales, with a necklace by designer Garrard estimated to fetch up to GBP 220,000 ($277,262).The piece features a pear-shaped, 4.78-carat, E-color, VVS2-clarity diamond, as well as marquise-, pear-shaped and circular-cut diamonds weighing approximately 55 to 60 carats. It's the top item up for sale at the June...Read More
RAPAPORT... Gem Diamonds has recovered a 125-carat rough from its Let??eng mine in Lesotho, its second stone over 100 carats this year.The high-quality, white diamond was unearthed at the site on May 31, Gem Diamonds said Thursday. The discovery comes hot on the heels of a high-value, 129-carat rough the miner found the week before.The recovery of the two stones follows a long period of sluggishne...Read More
RAPAPORT... Organizations around the world have launched a pilot traceability project for artisanal diamond mining in the Democratic Republic of Congo (DRC).OrigemA will work toward setting up a transparent mine-to-market program for small-scale mining cooperatives in the central African country, the founders said this week.The institutions behind the initiative are the Antwerp World Diamond...Read More
(IDEX Online) - Tariffs on most diamonds and jewelry exports from Israel to the United Arab Emirates will be abolished as the two countries establish closer ties.A free trade agreement signed on Tuesday will further boost trade links between the two countries. Business has flourished since it was officially sanctioned by the Abraham Accords of August 2020.Tariffs on food, medicine, fertilizers&nbs...Read More
(IDEX Online) - The IDEX Polished Price Index fell very slightly during May, ending the month down just 0.69 per cent. In April it declined by more than 2.1 per cent. Before that, January and February showed sharp increases - 5.67 per cent and 4.14 per cent respectively. The Index has been declining since the first week of March.IDEX Online subscribers please click here to rea...Read More
(IDEX Online) - Manufacturers will increasingly turn to lab growns to fill supply gaps caused by sanctions against Russia.Botswana's minister of minerals and energy, Lefoko Moagi, told a mining conference it would be hard to source enough natural diamonds to replace Alrosa's missing output."We see the 30 per cent gap that will be left by the ban being plugged by something else that is no...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 22 points at 7:30 AM EDT.April Factory Orders to be released at 10:00 AM EDT are expected to increase 0.8% versus a gain of 1.8% in March. Chewy $CHWY gained $4.56 to $28.10 after reporting higher than consensus quarterly revenues and earnings. Hewlett Packard Enterprises $HPE dropped $1.08 to $14.70 after reporting lo...Read More
Sabina Gold & Silver (TSX: SBB) has reported high-grade results from the final drill holes of the 2022 spring drilling program at the Goose property on its 100%-owned Back River project in Nunavut. Highlights from drilling included 45.1 metres grading 12.59 grams gold per tonne starting from 123.6 metres in hole 22GSE607 and 20.4 metres grading 12.64 grams gold starting from 146.4 metres in hole...Read More
New analysis published by Bank of America Global Research has found on-warrant metal inventories and net non-commercial positions as the leading metrics that could signal the risk of violent short squeezes on above-ground metals supplies.The bank's Global Research team undertook correlation and principal component analyses to determine which market metrics would have signalled the next metal squee...Read More
Wesdome Gold Mines (TSX: WDO) reported high-grade results from its drill program at the Kiena mine complex in Val d'Or, Que., as the company continues to move forward with its goal of boosting the project's resources. Highlights from the drill results included 50.7 metres, with an estimated true width of 5.5 metres, grading 92.11 grams gold per tonne, starting from 94 metres in hole 6796W6; and...Read More
Australia-based lithium developer Winsome Resources (ASX: WR1) has received results of metallurgical test on composite samples from its 100% owned Cancet and Adina projects in the James Bay region of Quebec. The test, part of a scoping study on both projects, was undertaken by SGS Canada in Lakefield, Ont.Heavy liquid separation (HLS), with batch flotation tests, was performed on three lithium-bea...Read More
Mining companies need to find ways to make owning a lithium or nickel stock 'cool' or 'sexy' to create more value for an industry that's struggling to produce enough critical minerals to meet the rising demand for green products like electric vehicles, industry experts said at The Northern Miner's quarterly Global Mining Symposium in late May. People are interested in electric vehicles and th...Read More
As known resources are depleted and projected demand for key minerals increases, finding the next new deposits has become more urgent. Here are eight exploration companies that are focused on global discovery - with precious metals and uranium high on the list of sought-after commodities. ANGEL WING METALSIn mid-May, Huntington Exploration became Angel Wing Metals (TSXV: AWX; US-OTC: HEXPF). The...Read More
Howe Street, Released on 6/2/22*The interview begins at 00:55Jim Willie is a statistical analyst in marketing research and retail forecasting. He holds a PhD in Statistics, and his career has stretched over 25 years. He aspires to thrive in the financial editor world, unencumbered by the limitations of economic credentials. Jim operates a free website called Golden Jackass.Jim Willie: Vaccines, In...Read More
Fox News, Released on 6/2/22Tucker Carlson and Peter Schiff discuss Janet Yellen's admission of the Fed getting transitory inflation wrong and Jamie Dimon's recent comments regarding the economy.Peter Schiff is an internationally recognized economist specializing in the foreign equity, currency and gold markets. Mr. Schiff made his name as President and Chief Global Strategist of Euro Pacific Capi...Read More
Fat Tail Investment Research, Released on 6/2/22In this interview, Jim Rickards is asked whether an energy investment opportunity is on the horizon as a result of the onshore sanctions imposed on Russia. Rickards explains while that is a logical prediction, it is somewhat clouded by the green push to renewable energy sources.Jim Rickards is a lawyer, investment banker and economist with over thirt...Read More
Wall Street Silver, Released on 6/2/22Is the Fed too late? Adrian joins us to discuss this topic as well as the best asset to hedge against inflation.Adrian Day is the president of Adrian Day Asset Management. Mr. Day spent many years as a financial investment writer, where he gained a large following for his expertise in searching out unusual investment opportunities around the world. He has also...Read More
Citizen Free Press, Released on 6/2/22It's not adding up! Some of us already know what went down and who the people are responsible.Continue... Where did Salvador Ramos get the cash to buy his arsenal? It's not adding up! added by Herman James on 06/03/2022View all posts by Herman James ?+'Read More
CNBC, Released on 6/2/22Bleakley Advisory Group CIO Peter Boockvar on whether the markets have priced in all the risks.Peter Boockvar is the Chief Investment Officer of Bleakley Financial Group and Editor of The Boock Report newsletter https://boockreport.com/. economy, Fed, inflation, peter boockvar, soft landingPeter Boockvar says the Fed has its fingers crossed for a soft landing added by He...Read More
Have a look at the shock on people's faces as they leave the grocery stores these days, or the look as they stand filling up their tanks at the gas station. Their jaws drop and they wonder what is happening to the world.The answer is the policy disasters of the last two years. The bill is coming due and everyone but the masters of the universe is paying it. The value of the dollar is sinking rapid...Read More