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
RAPAPORT... Christie's will offer a jadeite bead necklace that could fetch up to $11 million at its upcoming Hong Kong auction.A number of colored diamonds will also be up for sale at the May 25 Magnificent Jewels sale, Christie's said Monday. A ring by Moussaieff featuring a 3.06-carat, fancy-vivid-blue diamond and a pink, internally flawless diamond is estimated at up to $7.5 million, while a 13...Read More
"When I asked Craig to join as CEO in early 2020, he committed to this role for several years with the intention that I would transition into the CEO role over this timeframe.Read More
Historic assays build hype for Alicanto at SalaSPONSOREDalicanto mineralsMakuutu magnetises support for Ionic Rare EarthsSPONSOREDionic rare earthsFortuna backs West Africa for growthSPONSOREDfortuna silver minesWest Africa an improved opportunitySPONSORED "We are deeply saddened by this unexpected event," Trevali's president and CEO Ricus Grimbeek said. "Our immediate focus is on sear...Read More
(IDEX Online) - LVMH says revenue from its watch and jewelry division jumped by 24 per cent in the first quarter of this year, up to $2.53bn. Organic growth was 19 per cent.Overall earnings across all luxury groups rose 29 per cent, year-on-year, to $19.4bn, the French conglomerate said.The newly-acquired jeweler Tiffany & Co. had "an excellent start to the year," it said, driven by strong gro...Read More
RAPAPORT... The Gemological Institute of America (GIA) will launch a consumer-facing service that will verify the country of origin for natural and lab-grown diamonds.The service, called GIA Source Verify, is currently in development, the institute said Monday. The organization will determine a stone's origin information using third-party-verified documents, including Kimberley Process (KP) certif...Read More
Predictive Discovery is entering a new chapter as the company looks to expand its Bankan "once in a decade" gold discovery in Guinea and build West Africa's next tier one gold mine.Within 17 months, Predictive (ASX: PDI) went from a discovery hole at Bankan, located in Guinea's Siguiri Basin, to a resource of 72.8 million tonnes grading 1.56g/t for 3.65 million ounces.Managing director and experie...Read More
(IDEX Online) - As many as 1.5m people in Gujarat, India, could be affected by sanctions on Russian diamonds, according the industry body GJEPC.Around 800,000 people living in rural areas will be "directly impacted" and a further 700,000 with some link to the industry will be affected, it said, though it did not provide further details.Dinesh Navadiya, regional chairman of the GJEPC (Gem and Jewel...Read More
Host Avi Krawitz and veteran industry journalist Rob Bates discuss the diamond trade's Russia dilemma, among other topics affecting the market. RAPAPORT... Seasoned industry journalist Rob Bates, the new director at JCK Online, joins Rapaport's Avi Krawitz to discuss his new book, Murder Is Not a Girl's Best Friend, as well as the industry themes that are central to his writing. In this episo...Read More
(IDEX Online) - Three illegal diamond miners died and 10 were rescued when a tunnel collapsed in Northern Cape, South Africa.It happened at the Nuttaboy Mine, at Kliensee, an area known for illegal underground mining.Last October four miners died at the same mine, when a shaft collapsed, trapping others 1,000 meters underground.And in 2012 a tunnel collapsed at the nearby Bontekoe mine, killing 10...Read More
Historic assays build hype for Alicanto at SalaSPONSOREDalicanto mineralsMakuutu magnetises support for Ionic Rare EarthsSPONSOREDionic rare earthsFortuna backs West Africa for growthSPONSOREDfortuna silver minesWest Africa an improved opportunitySPONSOREDReports covering March quarter production, scheduled to start flowing this week, might throw fresh light on the size of the challenge confrontin...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 4 points in pre-opening trade. Index futures were virtually unchanged following release of March Housing Starts at 8:30 AM EDT. Consensus was 1.750 million units, down from 1.769 million units in February. Actual was 1.793 million units.JB Hunt Transport added $2.43 to $173.88 after reporting higher than consensus firs...Read More
Historic assays build hype for Alicanto at SalaSPONSOREDalicanto mineralsMakuutu magnetises support for Ionic Rare EarthsSPONSOREDionic rare earthsFortuna backs West Africa for growthSPONSOREDfortuna silver minesWest Africa an improved opportunitySPONSOREDAt 3am (Chihuahua time) on April 15, a group of armed intruders entered the mine, locked the staff in a sea container, and made off with around...Read More
By sending the bill, the president made good on his threat to do so if Congress rejected his planned reform of the electricity generation sector, which Congress duly did Sunday night.Read More
Today is an evil day. That is, today is Tax Day...The date by which Americans must appear before the Internal Revenue Service... and empty their pockets upon the counting table... under penalty of law.Salaried income, bonus payments, investment hauls, poker winnings, bingo jackpots, lemonade stand killings, cash gratuities and more - all must come pouring out.And if the tax man suspects you are wi...Read More
We all sense the global order has cracked. The existing order is breaking down on multiple fronts.Those who have benefited from this arrangement are doing everything in their power to patch the cracks, while those who chafed under the old order’s chains seek a new order that suits their interests.The task now is to make sense of this complex inflection point in history. Two statements summar...Read More
Company identifies potential gold and copper resource expansion below its proposed open pitRemains on track to complete the next development steps for CK Gold Project and submit Permit to Mine application to Wyoming DEQ mid-year 2022CHEYENNE, Wyo., April 19, 2022 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (NASDAQ: USAU) is pleased to report that it has exten...Read More
Solaris said the resource includes a starter pit comprised of 180Mt of indicated resources grading 0.82% CuEq and 107Mt of inferred resources grading 0.73% CuEq at a 0.Read More
Early works at Boa Esperança are due to kick off in the coming weeks with the upgrade of the access road, site drainage and pre-stripping, with the US$294 million undertaking being just one ofRead More
Element 29 Resources (TSXV: ECU; US-OTC: EMTRF)?EUR?has announced results from two of 11 holes it's drilling this year to verify historical resources at its Flor de Cobre copper project in southern Peru . Highlights from the program included 349 metres grading 0.77% copper, 0.006% molybdenum and 1.7 parts per million (ppm) silver starting from 78 metres in drillhole FDC001; and 378.6 metres g...Read More
Sixty North Gold Mining's (CSE: SXTY) proposed accelerated earn-in of the past-producing Mon gold mine in Northwest Territories has been approved by the project holder New Discovery Mines, which will convert its direct interest in the property into a participating interest in Sixty North.Located 40 km north of Yellowknife, the Mon property has produced over 15,000 tonnes of ore to depths of 15 met...Read More