The Epoch Times (via Zero Hedge), Released on 4/12/22High concentrations of uranium were discovered in U.S. community water systems (CWS), according to a study conducted by researchers at the Columbia University Mailman School of Public Health.Continue... Unsafe Levels Of Uranium Present In American Public Drinking Water: University Study added by Herman James on 04/12/2022View all posts by Herman...Read More
Summit News, Released on 4/12/22Joe Biden claimed Monday that from its very inception the Second Amendment never allowed for Americans to own any firearms they desire, a blatant lie.Continue... Biden Claims 2nd Amendment "Didn't Say You Can Own Any Gun You Want" added by Herman James on 04/12/2022View all posts by Herman James ?+'Read More
NBC New York (via MSN), Released on 4/12/22Police are investigating after a pair of thieves allegedly swiped Continue... Thieves Walk Off With Box of Gold Bars and Collectibles at Long Island Coin Show added by Herman James on 04/12/2022View all posts by Herman James ?+'Read More
Kitco, Released on 4/12/22The U.S. Consumer Price Index print of 8.5% was even higher than the marketContinue... Gold price jumps to test $1,975 as inflation accelerates to 8.5% in March added by Herman James on 04/12/2022View all posts by Herman James ?+'Read More
The company said the life-of-mine capital and operating costs are estimated to have increased by between 15% and 20% compared to the April 2021 feasibility study, in line with market trends.Read More
Josemaria hosts proven and probable mineral reserves of 6.7 billion pounds copper, 7 million ounces of gold and 30.7Moz of silver and is on track to be the next mine development in San Juan.Read More
Newmont announced in February that it will acquire the 43.65% interest held by Buenaventura for $300 million with contingent payments of up to $100 million tied to future increases in metal prices.Read More
RAPAPORT... Michael Hill's revenue rose in the third fiscal quarter amid an increase in digital sales and the reopening of its store network.Group revenue climbed 11% to AUD 131.6 million ($97.6 million) in the three months ending March 27, the jeweler reported Tuesday. While the company faced no mandatory store lockdowns during the quarter, it did see lower foot traffic, it noted. However, digita...Read More
RAPAPORT... Watches of Switzerland has appointed David Hurley as deputy CEO of the company and president of its North America segment.Hurley, who joined the luxury watchmaker in 2015, was previously executive vice president of the US division. His promotion "reflects the importance of the US market to the growth plans of the group," the UK-based retailer said Monday. The company's acquisition of t...Read More
RAPAPORT... The World Diamond Council (WDC) ended Alrosa's membership on Friday in response to the latest US sanctions against the Russian miner."The deciding factor [was] the sanctions issued by OFAC [the Office of Foreign Assets Control] on the evening of [April 7]," the WDC said Monday. "The termination of membership includes the cessation of any rights and benefits afforded to WDC members...Read More
Lake Resources targeting 100ktpa lithium productionSPONSOREDlake resourcesAsante Gold poised for successful 2022SPONSOREDasante goldWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.West Africa an improved opportunitySPONSOREDThe spotlight is on Britishvolt which is building a £4 billion gigafactory in the northeast of England to supply lithium-ion batte...Read More
(IDEX Online) - Jennifer Lopez is again engaged to actor Ben Affleck - and this time she has an 8.5-carat natural green cushion modified brilliant-cut diamond to prove it. Affleck, 49, first proposed in November 2002, when he presented singer-actress J.Lo, 52, with a Harry Winston 6.1-carat radiant-cut fancy intense pink diamond. They called off the engagement two years later. Fans are...Read More
(IDEX Online) - A legal case against Italian banks and diamond brokers has been delayed after a judge ruled it should take place in Trieste rather than Milan.UniCredit, Italy's second biggest bank, is among those alleged to have sold diamonds to clients for investment at vastly-inflated prices.The delayed prosecution could result in charges being dropped, as they are subject to a seven-year t...Read More
(IDEX Online) - An associate of fugitive jeweler Nirav Modi was due to appear at a court in India today, after he was reportedly deported from Egypt.Subhash Shankar Parab, 50, is accused, along with Modi, of involvement in the $1.85bn fraud against the Punjab National Bank (PNB) in 2018.Officials sources suggest he may "spill the beans" and reveal much more about the case, according to multiple me...Read More
(IDEX Online) - Businesses in the US must cease all dealings with Alrosa, says the Jewelers Vigilance Committee (JVC), including any memo/consignment agreements.It issued updated guidance to members following the US Treasury Department's announcement on 7 April of further restrictions on the miner, which is one-third owned by the Russian government.Alrosa is now on its Specially Designated Na...Read More
The Q1 production record stood at 55,602 tonnes of copper in concentrate and, as previously announced, Ivanhoe expected to hit the upper end of its 2022 copper production guidance of 290,000-340,000t. First ore was introduced on March 21 to the milling circuit of the phase-two 3.8-million-tonne-per year concentrator plant, which Ivanhoe said was four months ahead of the original development s...Read More
Base metals prices on the London Metal Exchange were up across the board on the morning of Tuesday April 12, while those on the Shanghai Futures Exchange were mainly weaker, as they followed the weakness seen on the LME on Monday.* United States 10-year treasuries yields continue to climb - and to weigh on market sentiment* Todays focus is on consumer prices (CPI) and their inflationary impl...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 29 points in pre-opening trade. Index futures moved higher following release of the March Consumer Price Index at 8:30 AM EDT. Consensus was an increase 1.1% versus a gain of 0.8% in February. Actual was an increase of 1.2% On a year-over-year basis March Consumer Price Index consensus was an increase of 8.4% versus a...Read More
Barrick Gold (TSX: ABX; NYSE: Gold) aims to start producing copper and gold from its Reko Diq project in Pakistan's Balochistan province in 2027, the company's CEO Mark Bristow said at a conference call on Tuesday. The project, which was suspended in 2011 due to a dispute over the legality of its licencing process, is expected to have an initial capital cost of about US$7 billion - according to...Read More
Having recently optioned the former Gasp?(C) copper mine from Glencore Canada, Osisko Metals (TSXV: OM; OTC: OMZNF) is ready to begin drilling on the property this week, focusing on the re-evaluation of copper mineralization near the past-producing Mount Copper open pit.The drill campaign will be divided into two phases: Phase 1 (10,000 metres) is primarily designed to evaluate extent of near-su...Read More