(IDEX Online) - US watch and jewelry sales slumped during March, with the biggest monthly fall since the pandemic struck in 2020.They were down 9.2 per cent according to figures release by the US Department of Commerce. In February the fall was 6.8 per cent (revised down from the 3.0 per cent figure).Sales have been declining for the last six months, with the exception of January (revised up to 0....Read More

GoviEx edges closer to productionSPONSOREDgoviex uraniumMining Journal Select London 2023 SPONSOREDTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelAddressing the company's Australian annual general meeting for the first time since he became chairman last year, Barton said he was pleased with Rio's progress on bui...Read More

(IDEX Online) - Dua Lipa dazzled at the Met Gala wearing an updated version of Tiffany's Lucida Star Necklace, minus the iconic yellow Tiffany Diamond.It's been replaced by 100-carat D-color 82-facet cushion-cut stone, known as the Legendary Diamond.The original 128.54-carat center stone, as worn by Audrey Hepburn and Lady Gaga, is said to be worth $30m.But it became the source of someth...Read More

GoviEx edges closer to productionSPONSOREDgoviex uraniumMining Journal Select London 2023 SPONSOREDTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelLast week's From the Capital column related the predicament of Cyprium Metals.Read More

Since late 2018, Anzá has been the subject of an exploration agreement with Minera Monte Águila (MMA), a joint venture between Newmont and Agnico Eagle Mines.Read More

"Support for the 25-basis-point increase was very strong across the board," Fed chair Jerome Powell said after the meeting, according to Bloomberg.Read More

Look beyond market approach to project valuations: van ZylLeadershipGoviEx edges closer to productionSPONSOREDgoviex uraniumMining Journal Select London 2023 SPONSOREDTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resources"Support for the 25-basis-point increase was very strong across the board," Fed chair Jerome Powell said after the meeting, according to Bloomberg.Read More

Scrape away the hand-wringing about interest rates and we find a bedrock of complacency. Nobody seems to doubt that the status quo can grind on for another 30 years doing the same stuff it’s done for the past 30 years.The U.S. economy and its financial system operate under the implicit belief that the Federal Reserve controls the direction of the economy and finance. This belief isn’t...Read More

An initial open pit mining operation would cost $798 million with sustaining and expansion capital costs of $1.Read More

The funding will enable the ordering of long lead items for both the lithium and geothermal energy plants. Canaccord and Merrill Lynch are involved in the fundraising.Read More

(IDEX Online) - A 118.35-carat royal blue sapphire is to be sold later this by month by Phillips Hong Kong with a high estimate of $4.5m.It was set into a necklace by Bulgari in 2004 as party of its High Jewelry Collection and appears at auction for the first time.The Sri Lankan unheated, cushion-shaped sapphire scored what Phillips describes as an "impossible" 98 points in the Gubelin Gemstone Ra...Read More

"Current situation:Interest rates at their highest level since 2006Credit card debt set to cross $1 trillion for the first timeMultiple regional banks on brink of collapseRegulators believe in "system is strong"One month away from U.S. defaultHow can this end well?"Here you have the reflections of economics crackerjack Adam Kobeissi - he of the eponymous Kobeissi Letter.Indeed: How can this end we...Read More

GoviEx edges closer to productionSPONSOREDgoviex uraniumMining Journal Select London 2023 SPONSOREDTorq kicks off drilling at Santa CeciliaSPONSOREDtorq resourcesCanada Nickel eyes feasibility study for CrawfordSPONSOREDcanada nickelThe London-listed exploration and development company said it has visited with 28 tin and tantalum artisanal miners who seem keen to sign on the dotted line with them.Read More

(IDEX Online) - Signet, the US's biggest jewelry chain with 2,800 outlets, says an "engagement gap" is to blame for falling ring sales.The Covid pandemic was a passion killer. Relationships that may otherwise have led to 2023 weddings faltered, or never happened in the first place, as lockdowns forced people to stay at home.The average time from the first date to marriage is just over three y...Read More

Higher metals prices offset a 6% quarter-on-quarter drop in gold sales, resulting in quarterly consolidated revenue of US$243.9 million, marginally beating $238.Read More

The board has approved the construction of two additional processing trains at Kemerton to double hydroxide output to up to 100,000 tonnes per annum.Read More

The results continue Barrick's production slide, which saw gold output fall 3.8% year-on-year to 952,000oz, while copper output fell 12.9% to 88Mlb, with lower output contributing to a 17.Read More

25 basis points...The Federal Reserve elevated its target rate 25 basis points this afternoon.That rate squats presently between 5% and 5.25% - the highest level since September 2007.Here is the question spilling from every pair of lips: Was today's the final rate hike?Will Mr. Powell scratch Wall Street's belly... and caress its gills... by "pausing"?Markets presently give 90.4% odds that the Fed...Read More

The banks are in it deep.Three of the four biggest U.S. bank failures in history have occurred over the past 55 days. And depositors across the nation are (rightfully) getting concerned.With $230 billion in assets, First Republic Bank was the latest victim of its own high-risk lending practices. The FDIC took control of the bank on Monday, selling its assets off to JPMorgan Chase. The First Repub...Read More

If you search online for real-world robots that are actually working today, you'll most likely see things like this:Or, more recently, maybe even something like this: But is this really the best we can do? Robots aren't meant to just stack boxes and flip burgers for eternity. They're meant for much more noble roles. In fact, they're already becoming the greatest accessibilit...Read More