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

FMG 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 half of this year.Read More

(IDEX Online) - Chow Tai Fook, the Chinese jeweler with over 7,000 outlets, reported a drop in annual revenue and profit, but said it had still delivered a "resilient performance", in the face of "challenging macroeconomic externalities".The company said in its annual results that it was encouraged by the "gradual resumption of business in our key markets" after the end of zero-tolerance Covid loc...Read More

(IDEX Online) - An ultra-rare 10.57-carat Eternal Pink came within a whisker of its $35m estimate at Sotheby's New York. It sold for $34.8m.   The auction house said the cushion mixed cut diamond - certified as fancy vivid purplish pink and internally flawless - carried the highest price per carat estimate ever placed on any diamond or gemstone ($3,311,258).   But the per carat reco...Read More

(IDEX Online) - Signet has trimmed its full-year outlook by around seven per cent and announced plans to close around 150 of its 2,800 outlets as the "engagement gap" kicks in.The parent company of Kay Jewelers, Zales, Jared, Banter by Piercing Pagoda, Diamonds Direct, JamesAllen.com, Rocksbox and others has revised down total sales forecasts from $7.67bn-$7.84bn to $7.1bn-$7.3bn."We expected the...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 resourcesThe negative treatment of a sector that staged a significant recovery earlier this year is supported by a warning from a leading Australian sto...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"Appian is now the largest private equity firm in metals mining," Michael Scherb, chief executive of Appian told Mining Journal this morning.Read More

Share this article VANCOUVER - Teck Resources Ltd. (TECK.B-TSX, TECK.A-TSX, TECK-NYSE) on Monday confirmed that Swiss metals trading giant Glencore Plc. is one of a number of proposals under consideration in relation to the possible sale of Teck's steelmaking coal business.The update is contained in a press release in which Teck commented on its previously announced engagement with several parties...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 consulting"While Glencore remains willing to pursue its Proposed Merger Demerger, Glencore has made this alternative proposal to acquire EVR as it is exp...Read More

The output was lower than battery quality, the company said. Additional purification will achieve battery-quality lithium carbonate. This will take place in the second half of this year.Read More

The scoping study was released following a positive Environmental Impact Statement ('DIA') from the Portuguese environmental regulator.Read More

When I joined the Outsider Club just over two years ago, the market was in a state of uncertainty.COVID was still raging, "transitory" inflation was soaring, and little by little the market was churning lower.Despite all that, I decided to keep trading.But I wasn't shooting blindly into the dark.I was trading alongside the richest and most powerful people on the planet.That's company insiders, Con...Read More

Ours is a neofeudal economy of financial serfs in servitude to a Financial Aristocracy.The Financial Nobility/Aristocracy own all the debt and the serfs owe the debt to the Aristocracy. The serfs own assets that don’t generate much income, the Aristocracy owns assets that generate trillions of dollars in income.The serfs pay high tax rates if they make above-poverty wages, the Financial Nobi...Read More

The de-dollarization story is everywhere.You see it in publications from The New York Times to The Economist and in financial media including CNBC, Fox Business and Bloomberg.The idea is that countries around the world are preparing to ditch the dollar. This takes many forms including efforts by China to pay for imported oil from Saudi Arabia and the UAE with yuan and a major bilateral agreement b...Read More

(IDEX Online) - Selfridges is selling lab growns at its flagship Oxford Street department store, in London, in a high-profile endorsement for the sector.The Diamond Lab, a UK lab grown jewelry brand has a pop-up concession for a month at the Wonder Room, Selfridges' watch and jewelry hub.Vrai, the e-commerce division of US-based Diamond Foundry, already sells via the Selfridges website, but d...Read More

(IDEX Online) - The Light of Peace, a 126.76-carat D-color, internally flawless diamond, sold for $13.6m at Christie's New York.It led the Magnificent Jewels auction (on Wednesday 7 June) which realized a total of $50.7m.The Light of Peace (pictured) was offered without reserve, with an estimate of $10m to $15m.The Type IIa, pear brilliant-cut diamond started life as a 434.6-carat rough...Read More

(IDEX Online) - The world's largest gem quality ruby, the 55.22-carat Estrela de Fura, has sold for a record $34.8m at Sotheby's New York.   The highest price paid previously for a ruby was $30.3m, for the 25.59-ct cushion-cut Sunrise Ruby, a Burmese gemstone which sold at Sotheby's Geneva in May 2015.   Sotheby's said before last Wednesday's Magnificent Jewels a...Read More

UT will pay $1.10 per new share in NIC, a circa 27% premium to the ASX company's last trading price.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 resourcesUT will pay $1.10 per new share in NIC, a circa 27% premium to the ASX company's last trading price.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 consulting"Amid the unfavourable global financial environment, the successful attraction of the equity investment demonstrates the recognition of the gro...Read More