Featured Sector Analysis

Belgium Calls For Global Boycott of Russian Diamonds

(IDEX Online) - Belgium's prime minister has again said opposes an EU ban on Russian diamonds, calling instead for a global boycott.Alexander De Croo (pictured) was speaking as the 27 EU members prepared to implement a 10th round of sanctions.He said the only effective way to stem the ongoing flow of Alrosa's goods would be if a...

Jewelry Raider Pepper-Sprays Worker

(IDEX Online) - Police in the US are hunting a raider who pepper-sprayed a female staff member during a raid on the jewelry counter at a Kohl's department store.The suspect was caught on surveillance footage smashing a display case with a hammer and stealing wedding rings valued at $80,000.The worker was injured by the pepper spray ,...

US Jewelry Sector is Shrinking - JBT

(IDEX Online) - The US jewelry sector is shrinking, according to the latest listings of retailers, wholesalers and manufacturers by JBT (Jewelers Board of Trade).The number of manufacturers in Q4 2022 was 2,412, down 3.1 per cent on the same quarter in 2021. Retailers fell 2.4 percent from 19,320 to 18,855 and the number of wholesale...

Company Press Releases

LUCARA DIAMOND CORP. ANNOUNCES 2023 RETAIL MARKETING ROADSHOW IN STOCKHOLM

VANCOUVER, BC, Jan. 30, 2023 /CNW/ - (TSX: LUC), (BSE: LUC), (NASDAQ STOCKHOLM: LUC) Lucara Diamond Corp. ("Lucara" or the "Company") is pleased to announce its 2023 marketing roadshow in Stockholm, Sweden. The Company is scheduled to host a retail investor presentation on Wednesday, February 1, 2023, at 6:...

LUCARA DIAMOND CORP. ANNOUNCES 2023 RETAIL MARKETING ROADSHOW IN STOCKHOLM

VANCOUVER, BC, Jan. 30, 2023 /PRNewswire/ -- (TSX: LUC), (BSE: LUC), (NASDAQ STOCKHOLM: LUC) Lucara Diamond Corp. ("Lucara" or the "Company") is pleased to announce its 2023 marketing roadshow in Stockholm, Sweden. The Company is scheduled to host a retail investor presentation on Wednesday, February 1, 202...

Olivut Announces Closing of Private Placement of Common Shares

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FORDISSEMINATION IN THE UNITED STATES TORONTO, Jan. 27, 2023 (GLOBE NEWSWIRE) -- Olivut Resources Ltd. (“Olivut” or the “Company”) (TSXV:OLV) is pleased to announce that the Company has closed a non-brokered private placement (the “P...

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Diamond Mining News

Expert warns Zim against contracting “ghostly” diamond ...

He discouraged the participation of a grouping of small mining companies in the extraction of the precious mineral saying this was a barrier to

Zimbabwe: Expert Warns Zim Against Contracting 'Ghostly ...

President Emmerson Mnangagwa's government has extended fresh diamond mining rights to Anjin Investments in Chiadzwa, Manicaland,

Diamond Mining Market Growth, Challenges, Opportunities ...

The Global Diamond Mining Market report by UpMarketResearch.com provides a detailed analysis of the area marketplace expanding;

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Popular Post

The upside to the downturn: extraordinary value' for selective investors

There's no doubt that the past few years have been tough on junior miners and those who invest in them. So tough in fact that the World Resource Conference put together each June in Vancouver by Cambridge House has been rebranded as the Canadian Investor Conference, with small-cap tech and "diversified" companies - including those juniors that have recently migrated to the burgeoning medical marijuana sector - invited in to shore up the exhibitors' list and bring in more investors. But while it's easy to dwell on the hardships exploration companies and those who invest in them have had to endure for the past three years, there is an upside to the junior mining industry's current malaise. A panel at the conference, which took place June 1-2, laid out several positives for investors who are...

Peregrine shares pop on 7.5M-carat maiden resource for Chidliak

Peregrine Diamonds (TSX: PGD) has unveiled a maiden resource for the CH-6 kimberlite at its Chidliak diamond project in Nunavut.CH-6 contains an inferred resource of 7.47 million carats in 2.89 million tonnes of kimberlite grading 2.58 carats per tonne. The resource extends to 250 metres depth and CH-6 is open at depth.A valuation of CH-6 diamonds conducted in February revealed an average diamond price of US$213 per carat.Beside and beneath the CH-6 resource, the company has defined a target for further exploration of 2.6 to 3.5 million additional tonnes. About half of that estimated tonnage (1.5 million tonnes) lies at shallow depths of between 105 and 250 metres depth, while the rest is between 250 and 380 metres depth. Peregrine is planning a core drilling program to convert the target...

An adapt-or-die moment for junior miners

Newsletter writer and mining analyst John Kaiser sounds a little dejected as he describes the utterly bleak state of the mining industry today."The phones are completely dead, nobody cares," says the editor of Kaiser Research Online. "Companies can't raise money, it's like a complete dying sector."Kaiser made a now-famous prediction last year that around 500 juniors were bound for "extinction" because of an inability to raise capital, low share prices and negative sentiment on commodities.As of mid-May, that number has grown: Of the roughly 1,800 publicly listed TSX and TSXV companies involved in mining or exploration and listed in the KRO database, 694 had less than $200,000 in working capital - basically the amount needed annually to maintain a listing.Kaiser adds that about 70% of all t...

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