Author: Victoria

  • Illinois is Ready!!

    I am happy to announce that the beautiful state of Illinois is up and ready to be viewed!

    So many gold dealers to go through. It was hard to just pick the ones that I did but IF you have any other gold dealers you would like to see mentioned on here please feel free to let me know in the comments and I’ll get back to you!

    Have a great day my friends!

    -V.

  • Working on Illinois!

    While I am working on this state it has occurred to me that it may take me a little longer than I anticipated as this wonderful state has a large community of gold and silver businesses.


    That’s wonderful news! I am so happy to learn of this community being so large here that it’s a little hard to start on my page for it.


    What a wonderful problem to have! Stay tuned and see all the locations here soon.


    Thank you for staying tuned in!
    – V

  • Hello Again!

    I have been away for awhile to update this website into something I think will be very helpful to my precious metals/numismatic community!

    I am going to keep this updated as I am currently working on the next state to publish here in about a week or so, so please stay tuned and I hope this is helpful to you all!

    Please let me know if you have any questions or concerns on the site and I will happily fix it as fast as I can.

    Thank you for your support!

    -V.

  • Technical difficulties … for 2 days!

    Hey there!

    I just had to deal with technical difficulties meaning I couldn’t log into my account and it showed that it was unavailable to me. Like I couldn’t even see that it was there almost like it was non existent.

    I have things I want to work on and when problems like this arise just remind me that all the work that is put into one thing can change in an instant. So anyone who does the same thing as me please reach out to the proper channels and get back on it.

    I hope you have a great day and week friends!

    -Victoria

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    Mitsubishi Materials considering partial shutdown

    Japan’s Mitsubishi Materials is considering scaling back copper concentrate processing at its Onahama Smelter & Refinery as falling treatment and processing charges (TC/RCs) weigh on earnings, it said on Monday.

    Mitsubishi Materials said the worsening TC/RCs from miners were expected to further erode smelting margins.

    “To maintain and improve profitability, we need to raise the ratio of recycled raw materials and accelerate the shift to feedstock less vulnerable to TC/RC fluctuations,” the company said in a statement.

    It is now considering the possibility of a partial shutdown of production facilities and a reduction in copper concentrate processing at Onahama, after planned maintenance from October to November this year, Mitsubishi Materials said.

    Source – Reuters

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    Gold boosts South African rand

    South Africa’s commodity-backed currency edged up on Monday, helped by higher gold prices, as investors digested last week’s unexpectedly weak U.S. jobs data and awaited tariff updates ahead of the United States’ August 8 deadline.

    The bourse was boosted by South African miners, including Gold Fields , up 8%, AngloGold Ashanti (AU.N), at 6%, and Harmony Gold , which rose 7%.

    “Our foremost priority is protecting our export industries. We will continue to engage the U.S. in an attempt to preserve market access for our products,” President Cyril Ramaphosa said in a newsletter on Monday

    Source – Reuters

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    Gold lost .2%, Silver up, Platinum fell

    Gold eased on Monday due to slightly firmer U.S. Treasury yields and profit-taking following last week’s sharp rally driven by weak U.S. jobs data.

    Spot gold lost 0.2% to $3,356.91 per ounce, as of 1051 GMT, after rising more than 2% on Friday.

    “The market will remain range bound with today’s pullback being in line with some the reversals seen across markets following Friday’s big moves, especially yields which are a tad firmer and stocks which have seen a rebound,” Saxo Bank’s head of commodity strategy, Ole Hansen, said.

    Spot silver rose 0.3% to $37.14 per ounce, platinum fell 0.3% to $1,311.38 and palladium was down 0.8% at $1,199.08.

    Source – Reuters

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    Copper mine collapse, 1 killed 5 trapped

    A collapse at a copper mine in Chile killed one worker and left five trapped underground, authorities said on Friday, forcing Chile’s state mining company to suspend operations in the affected area of the world’s largest underground copper deposit.

    Nine other mine workers suffered injuries, said Chile’s National Copper Corporation, known as Codelco, describing the incident as the result of “a seismic event.”

    The U.S. Geological Survey reported a magnitude 5 earthquake in an area of central Chile where Codelco’s El Teniente mine is located, at 5:34 p.m. local time on Thursday. Authorities said they’re still investigating whether it was a naturally occurring earthquake or whether mining activity at El Teniente caused the quake.

    “We are making every effort to try to rescue these five miners,” said Andrés Music, general manager of El Teniente. “The next 48 hours are crucial.”

    Source – The Associated Press

    Praying for these people to be rescued. -Victoria

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    Gold and gold futures up, Silver down 0.7%

    Gold prices rose on Friday as investors turned to the safe-haven asset after United States President Donald Trump imposed fresh tariffs on a broad range of countries, while the market’s focus shifted to the U.S. non-farm payrolls report.

    Spot gold was up 0.3% at $3,299.54 per ounce, as of 1119 GMT. However, bullion is down 1.4% so far this week.

    U.S. gold futures rose 0.1% to $3,351.40.

    “The incoming US jobs report may also trigger another big move for gold. Another demonstration of resilience by the U.S. jobs market could send gold southbound towards $3,200,” Han Tan, chief market analyst at Nemo.Money.

    Spot silver fell 0.7% to $36.49 per ounce, platinum lost 1.6% at $1,269.27 and palladium was down 1.7% at $1,170.35.

    Source – Reuters