(IDEX Online) - A starfish brooch designed by Salvador Dali and featuring cultured pearl of diamonds, rubies, and emeralds sold for $982,000.It was the highest price ever paid at auction for a piece of jewelry by the Spanish surrealist artist.The Etoile de Mer belonged to socialite Rebekah Harkness, who is referenced in Taylor Swift's 2020 song The Last Great American Dynasty.Swift paid $17m...Read More
(IDEX Online) - Alrosa is to build a new $1.5bn mine at Mir, following the 2017 flooding disaster that claimed eight lives.Work will start later this year and the first industrial production is expected in 2030-31, according to the Russian news agency Interfax.Aisen Nikolaev, head of the Sakha (Yakutia) Republic, where Alrosa is headquartered, has appraised Russian President Vladimir Putin of the...Read More
In 2018, Barrick's acquisition of Randgold Resources for $18 billion initiated a significant rise in mergers and acquisitions (M&A) among gold mining companies.This trend continued in 2021 with another major merger announcement, as Agnico Eagle Mines and Kirkland Lake Gold combined in a deal valued at nearly $11 billion.Additionally, several smaller deals occurred that year, such as Kinross G...Read More
The $46.4 million investment is priced at 70.75c per share, a circa 8% premium to recent trading levels.Read More
(IDEX Online) - A diamond worker has been arrested in Surat, India, after he allegedly spiked his colleagues' tea with a sedative and fled with stones valued at $14,000.Police in the Katargam district of the city say the suspect made tea at 4am during a night shift for eight co-workers. Those who were unwilling to drink were forced to do so.He fled the workshop with 2,700 diamonds, with a tot...Read More
Last week, I reported on a blockbuster EV deal that saw Ford team up with Tesla, its chief competitor in the space.Now, GM is doing the same, effectively cementing Tesla's EV charging system as the new standard.Just to recap, most EV manufacturers use a charging plug called the Combined Charging System (CCS). This system is public domain, so anybody can adopt it. But since its inception, Tesla has...Read More
Prices have gained certainly; tracking from around $49/lb at the start of January 2023, to just under $56/lb by the end of May.Read More
Resource conversion drilling has added 1.58Moz of resources, with the recently started two-year drill programme targeting the conversion of the remaining 1.8Moz of indicated and 1.Read More
Campbell said negotiations with the government on an investment protection agreement (IPA) are "very advanced.Read More
SRK visualisation tool to help engagementSPONSOREDsrk consultingSaturn works dual-focus opportunitySPONSOREDsaturn metalsNova retains laser focus on qualitySPONSOREDnova royaltyVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resources"This is the most significant investment in our aluminium business for more than a decade, and it will further strengthen Rio Tinto's high-qual...Read More
SRK visualisation tool to help engagementSPONSOREDsrk consultingSaturn works dual-focus opportunitySPONSOREDsaturn metalsNova retains laser focus on qualitySPONSOREDnova royaltyVanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesFMG has forecast capital costs of US$200 million for a stage one operation to produce 2 million tonnes of iron ore per annum from the second ha...Read More
(IDEX Online) - The cost of crime to US jewelers almost doubled last year, says the Jewelers' Security Alliance (JSA).Losses soared to a record high of $129.4m up 84.6 per cent on$70.1m in 2021, according to its 2022 Annual Crime Report.Almost one in five the burglaries recorded were Three Minute Burglaries, so named because that's the time it takes to smash a door or window at night, em...Read More
Vanadium Resources eyes 180-year mine in South AfricaSPONSOREDvanadium resourcesNova retains laser focus on qualitySPONSOREDnova royaltySaturn works dual-focus opportunitySPONSOREDsaturn metalsSRK visualisation tool to help engagementSPONSOREDsrk consultingCompanies can obtain tax incentives for implementing clean technology environmental solutions on their projects that go beyond the regulatory r...Read More
(IDEX Online) - The sale of Ekati, Canada's first diamond mine, to Australia-based Burgundy is due to be completed by 30 June.It will be the second time the mine has changed hands in under two-and-a-half years. Arctic Canadian Diamond Company acquired the deposit, 125 miles south of the Arctic Circle, in February 2021 after the previous owners, Dominion Diamonds, filed for insolvency.&nb...Read More
(IDEX Online) - BlueRock Diamonds, the British miner that operates the Kareevlei mine, in Kimberley, South Africa, has gone into administration.Operations at the mine remain have been halted. Share trading was halted in February, when its debt-ridden subsidiary Kareevlei Mining. which operates the mine, was placed in business rescue, with little prospect that it would continue as a going concern.L...Read More
Companies can obtain tax incentives for implementing clean technology environmental solutions on their projects that go beyond the regulatory requirements, including accelerated equipment depreciationRead More
Share this articleVANCOUVER - Rokmaster Resources Corp. [RKR-TSXV, RKMSF, OTCQB, IRRI-FSE] on Tuesday released an updated resource estimate for its Revel Ridge polymetallic project in southeastern British Columbia.Revel Ridge is currently known to host five mineralized zones, four of which are related and in close proximity to the Main Deformation Zone (MDZ). Mineralization associated with the MDZ...Read More
The Swiss mining giant on Monday offered to buy Teck Resources' metallurgical coal business in a standalone, after being repeatedly rebuffed in its attempts to acquire the Canadian company in itsRead More
I've written a lot about central bank digital currencies (CBDCs) including the U.S. dollar version that I call "Biden Bucks." The threat from CBDCs is enormous.They are digital (but not true cryptocurrencies), which means they are programmable. The Treasury and Fed can use the CBDC ledger to track your purchases, look at your political contributions, look at your religious affiliations and basical...Read More
FOMO is finally back!Fear of missing out is one of the most powerful forces in the market. When conditions are just right, FOMO latches onto our lizard brains, leading to terrible investing decisions. We chase overbought stocks, fall for dubious stories and scoop up shares of some of the most risky, speculative garbage companies we can find.What could possibly go wrong?Well... everything, of cours...Read More