RAPAPORT... Tiffany & Co. had a strong start to 2022 helping power growth at parent company LVMH, the luxury conglomerate said Wednesday. LVMH reported jewelry and watch sales rose 24% year on year to EUR 2.34 billion ($2.53 billion), driven by an exceptional performance by Tiffany and strong momentum from other brands such as Bulgari. The division saw 19% organic growth, which accounts f...Read More
RAPAPORT... Hearts on Fire appointed Rebecca Foerster as president of its North America operations, barely a month after the executive ended her tenure as head of Alrosa USA. She replaces Caryl Capeci in the role beginning May 1. Hong Kong-based Chow Tai Fook, which acquired Hearts on Fire in 2014, is rebranding the business as Hearts on Fire North America, with plans to boost growth in that...Read More
RAPAPORT... De Beers reported strongsales at its April sight but warned of a slowdown due to the war in Ukraine andcoronavirus lockdowns in China."As we head into the seasonally slower second quarter of the year, diamondbusinesses are adopting a more cautious and watchful approach in light of thewar in Ukraine and associated sanctions, as well as Covid-19 lockdowns in China,"said De Beers CEO...Read More
(IDEX Online) - Diamond manufacturers in India have cut their output, reduced working days from 12 hours to eight and are closing factories for two days a week as US sanctions on Russian diamonds begin to bite.The vast majority of the world's diamonds are cut and polished in Surat, but only about 10 per cent of Russia's diamond output is imported directly.Last week the US added Alrosa, t...Read More
)IDEX Online) - One of the world's largest yellow diamonds - weighing 205.7-ct and known as the Red Cross Diamond - is to be auctioned by Christie's London.The fancy intense yellow, cushion-shaped stone (pictured) has a pavilion distinctively faceted in the shape of a Maltese cross.The original rough gem was recovered by De Beers, in South Africa, in 1901 and was sold in 1918...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 opportunitySPONSOREDOpponents of the project filed a legal complaint in 2020 and the case was heard last year.Read More
U.S. equity index futures were mixed this morning. S&P 500 futures were unchanged in pre-opening trade. Index futures were virtually unchanged following release of the March Producer Price Index at 8:30 AM EDT. March PPI was expected to increase 1.1% versus of a gain of 0.8% in February. Actual was an increase of 1.4%. On a year over year basis, March Producer Price Index gained 11.2% versus a...Read More
CHEYENNE, Wyo., April 13, 2022 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) (the "Company"), a gold exploration and development company, has released the following corporate update from its Chairman, President and Chief Executive Officer, George Bee:Dear U.S. Gold Corp. Shareholders:With the progress that we have been making, along with the increased attention and interest around gold and copp...Read More
Canadian potash upstart Gensource Potash Corporation (TSXV: GSP; AIM: GSP) has reached a binding agreement to buy the outstanding equity of Innovare Technologies, a privately-held developer of patented selective solution mining and brine processing technology to recover potash and other soluble minerals.The deal, which values Innovare at US$11.5 million, is a strategic initiative by Gensource to c...Read More
It is said that to produce any good, what cannot be grown must be mined. By this token, governments and the general public tend to conveniently forget that the energy revolution and, by extension, the global effort to reduce anthropogenic carbon emissions depend squarely on the abundant and reliable supply of critical metals mined from the ground. With the recent release of the Canadian federal g...Read More
Nevada Gold Mines (NGM) is investing in a 200-megawatt (MW) solar power plant designed to accelerate its decarbonization program, in line majority owner Barrick Gold's (NYSE: GOLD; TSX: ABX) Greenhouse Gas Reduction Roadmap.NGM has entered a partnership with Arizona-based First Solar to manufacture all modules required to support the 200 MW plant, entirely in the United States. NGM has already co...Read More
Constantine Metal Resources' (TSXV: CEM) flagship Palmer property in southeast Alaska has been given a budget of US$18 million for its upcoming work program. Palmer is an advanced stage copper-zinc-gold-silver exploration project with road access and located within 60 km of the deep sea port at Haines.The joint-venture project with Dowa Metals & Mining currently hosts resources at the Palmer and...Read More
In its first updated resource since 2021, Osino Resources (TSXV: OSI; US-OTC: OSIIF) has increased indicated resources for its Twin Hills gold project in central Namibia by more than four times. The additional ounces come from resource expansion in the Twin Hills Central, Bulge and Clouds areas, and delineation of additional resources from new areas. The project's indicated resource estimate n...Read More
Energy Fuels?EUR?(TSX: EFR; NYSE: UUUU) made three commercial shipments of uranium, vanadium and rare earth elements (REE) through its Utah-based White Mesa mill last week, a feat which the company described as rare and one that depicts its ability to become a "clean energy and critical mineral hub" in the United States. The company shipped natural uranium concentrates (U3O8) to the Metropolis Wo...Read More
U.S. miner Talon Metals (TSX: TLO; OTC: TLOFF) said on Wednesday it had bought three more drill rigs to expand exploration at its Tamarack nickel-copper-cobalt project in Minnesota, which already has among its clients electric vehicles (EV) giant Tesla (NASDAQ: TSLA).Talon currently holds a 51% interest in the Tamarack project, the only high-grade development-stage nickel project in the U.S. The r...Read More
Trends Research, Released on 4/13/22Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, ri...Read More
Liberty and Finance, Released on 4/13/22"We're in a system that is unsustainable," says David Morgan, founder of The Morgan Report. The elite want to maintain control even if the current system fails. Central banks around the world are considering and implementing digital currencies. Morgan shares how to protect our liberty and opt-out of a system that could threaten our privacy and well-being.0:0...Read More
Ben Shapiro, Released on 4/13/22This is from the Q&A portion of my speech at the University of North Carolina at Greensboro.Ben Shapiro: Climate Change Is NOT An Emergency - Here Are The Facts added by Herman James on 04/13/2022View all posts by Herman James ?+'Read More
Armstrong Economics, Released on 4/13/22The wholesale prices in Germany rose at a record pace in March. Compared to the same month the Continue... Armstrong: German Inflation 22.6% - The End is in Sight added by Herman James on 04/13/2022View all posts by Herman James ?+'Read More
Zero Hedge, Released on 4/13/22Ever since Zoltan Pozsar started echoing Zero Hedge circa 2010, and in note after feverishly-drafted note, the former NY Fed repo guru has been writing about a coming monetary revolution in which Continue... Why One Strategist Thinks Zoltan Pozsar's "Bretton Woods 3" Is Never Going To Happen added by Herman James on 04/14/2022View all posts by Herman James ?+'Read More