Gold & Precious Metals
De Beers, Namibia to spend $468m in world’s first custom-built diamond searching ship
Posted by Cecilia Jamasmine
on Thursday, 16 May 2019 10:08
Debmarine, a 50/50 joint venture between world’s No. 1 diamond producer by value De Beers and the government of Namibia, will build a $468 million-diamond recovery ship, the world’s first custom-made vessel of such kind and the seventh in the company’s fleet.
The watercraft, slated to start operations in 2022, would add about 500,000 carat a year of production capacity to Debmarine Namibia’s output. This, Anglo American’s diamond unit De Beers said, represents an increase of about 35% on current output levels….CLICK for complete article

Gold in Tech: I Can See Clearly Now!
Posted by SchiffGold
on Wednesday, 15 May 2019 9:05
Thanks to gold, you may see even sharper images on your smartphone, computer and television screens the future.
We’ve seen tremendous advances in high-resolution technology over the last decade or so. Modern smartphone displays pack millions of pixels in a few inches of space giving us crystal clear images. But researchers at Cambridge University have created even smaller pixels using gold nanoparticles….CLICK for complete article

The Three Assets That Outperformed The S&P Over 20 Years
Posted by Frank Holmes
on Tuesday, 16 April 2019 11:29
Last week the world got its first look ever at a black hole, one of those cosmic bodies so supermassive and powerful that not even light can escape its pull. These things literally destroy all matter that comes within their reach, making them the trash compactors of the universe.
Some of you reading this right now can probably point to a few investments you made over the years that had more in common with…Click here for full article.

Newmont shareholders vote in favour of US$10 billion Goldcorp takeover
Posted by The Canadian Press
on Thursday, 11 April 2019 11:18
Newmont Mining Corp.’s US$10-billion all-share takeover deal of Goldcorp Inc. is almost complete after shareholders of the Denver-based company voted in favour of the merger Thursday.
The company said shareholders voted more than 76 per cent in favour of …Click here for full article.

Wheaton Precious Metals exceeds 2018 production guidance, declares dividend
Posted by MINING.com Editor
on Wednesday, 20 March 2019 14:37
Wheaton Precious Metals, (TSE: WPM) one of the largest precious metals streaming companies in the world, announced record gold production and sales in 2018 and declared a $0.09 per share first quarter dividend for 2019 on Wednesday.
In the fourth quarter of 2018, Wheaton generated almost $110 million in operating cash flow, bringing total operating cash flow for the year to over…Click here for full article.


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