Gold has big year in 2020 and outlook for this year robust. Learn about monetary expansion and gold future prices.Read More
The gold futures price reached US$1,767/ounce this week before retreating, which was the second time it has surpassed US$1,760 in the past two months, marking some of gold's highest levels in several years.Read More
It comes after the company received Foreign Investment Review Board approval. Rio announced the acquisition from Sentient Equity Partners' Rincon Mining, just before Christmas.Read More
West Africa an improved opportunitySPONSOREDWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.Marvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining Uis exceeded nameplate capacity by 12%, reaching 804 tonnes, as the company ran production hard in respon...Read More
West Africa an improved opportunitySPONSOREDWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.Marvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining Central Asia Metals shrank its balance sheet by $48.4 million in 2021, bringing net cash to $22.7 million...Read More
The gold and silver miner is duel listed in Moscow and London, and headquartered in Jersey, but is primarily focused on Russia.Read More
West Africa an improved opportunitySPONSOREDMarvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.Anglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining To be sure, this is a well-run mining company which runs on cash, not debt, with plenty in the developmen...Read More
RAPAPORT... Mountain Province Diamonds moved back into the black in 2021, as it benefited from the strong rough market and soaring prices for goods at its Gahcho Ku?(C) mine in Canada.Profit for the full year came to CAD 276.2 million ($219.6 million) Mountain Province reported Tuesday. That compares to a loss of CAD 263.4 million ($209.4 million) in 2020. Sales for the year rose 31% to $237 milli...Read More
RAPAPORT... A 45.46-carat diamond will lead an online auction at Christie's, becoming the highest-valued jewel to be offered in a virtual sale.The round-brilliant, D-flawless, type IIa diamond, named The Flawless Star, carries a high estimate of $6 million at the Jewels Online sale, set to run from March 28 to April 7, Christie's said Monday. The previous record belongs to a round, 50.03-carat, G-...Read More
(IDEX Online) - Christie's say a 45.46-ct round brilliant diamond is the highest value gem ever to be offered in an online-only auction.The Flawless Star (pictured), a D/IF Type IIa stone, carries at estimate of $4m to $6m and is being sold without reserve.The record high price actually paid for a diamond in an online-only sale was set in June 2020 when a 28.86-carat, D-color, emerald-cut dia...Read More
(IDEX Online) - Louis Vuitton has been come under fire online over its new fine jewelry collection - because the LV initials look like Russia's pro-war 'Z' symbol. Thousands of social media have pointed out the similarities between the two.Rapper Kid Cudi and actresses Jin Chen and Alicia Vikander have been photographed with the range of unisex pendants, rings, earrings and bra...Read More
(IDEX Online) - Israel's Prime Minister Naftali Bennett is due to discuss diamond and other trade links with India when he visits the country for the first time.Cut and polished diamonds are India's second-largest export to Israel ($1.1bn) behind processed petroleum products ($1.3bn).Bennett's is due to visit this coming weekend. However he has tested positive for Covid and is not y...Read More
(IDEX Online) - Beyonce served up a fashion grand slam with a pair of tennis ball-colored dresses (one citron, one lime) and almost 400 carats of diamonds at the Oscars.She wore shoulder-length earrings by Lorraine Schwartz, her jeweler of choice, featuring seven rows of diamonds, weighing in at 150 carats.The 40-year-old singer also showed off a pair of 150-carat diamond bangles and two diamond r...Read More
Udd said the company is looking to continue investing if Chile continues to provide the "right conditions" which Udd said are fiscal stability, legal certainty and a clear pathway to permitting.Read More
The minister said the government of Gabriel Boric plans to work with the 2050 national mining policy developed last year by the administration of Sebastian Pinera, but with changes as, "the policyRead More
The Mining Code was amended in February, the Water Code in late March, a mining royalty is likely to be imposed in the coming months and a process to draft a new constitution is likely to strengthen environmental laws.Despite the current uncertainites regarding future mining regulation and taxation, Chile continues to draw investment. "We have seen a number of deals recently with South32 [which bo...Read More
In Chile, the company is completing a cycle of investment with the Los Pelambres seawater plant and additional milling capacity 70% complete. It has also recently finished a project at Zaldivar to increase recoveries. Its next big investment decision will be whether to develop a second concentrator at Centinela, once it has a greater line of sight on changes to the fiscal regime and the process to...Read More
Minister of Public Works, Juan Carlos Garcia, whose portfolio includes the Direction General of Waters (DGA) said the reform seeks the "fair water transition, which solves the problems of inequity suffered by thousands of people in access to this vital element."Under the new code, water rights will be given for a maximum of 30 years depending upon the availability of water sources, rather than ind...Read More
US deputy secretary of the Treasury Wally Adeyemo warned that firms supplying the Russian military and those that helped Russia's richest escape sanctions would be targeted.Read More
Base metals prices on the London Metal Exchange were little changed on the morning of Tuesday March 29, while on the Shanghai Futures Exchange, nickel was down and the rest were firmer – this despite concerns about lockdowns affecting demand.* Despite low volumes and concerns about China’s lockdowns, the base metals generally look upbeat.* LME three-month nickel seems to have found a pri...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 39 points in pre-opening trade. McCormick gained $2.24 to $99.86 after reporting higher than consensus first quarter revenues and earnings. CVS Health dropped $2.24 to $99.86 after Deutsche Bank downgraded the stock from Buy to Hold.Bausch Health added $0.17 to US$22.75 after announcing plans to reduce its debt by anot...Read More
All wars are full of lies. Winston Churchill famously said, "In wartime, truth is so precious that she should always be attended by a bodyguard of lies."We accept that idea broadly. Secret invasion plans should be closely held. The identities of spies must be kept under wraps. New weapons and defensive tools should not be revealed because enemies will be alerted to their potential and begin offens...Read More