News and Reports

JGW Trade Show Moves from Covid-Hit Hong Kong to Singapore

March 14, 2022 / www.idexonline.com

(IDEX Online) - Hong Kong's Jewellery & Gem World (JGW) trade show will relocate to Singapore in September, where Covid restrictions are less stringent.Organizers Informa Markets Jewellery said the new venue would be more accessible.Hong Kong currently bans flights from nine countries including the United States and Britain, operates a "dynamic zero" strategy to curb infections and has be...Read More

Boucheron Diamond Earrings Sell for $1.3m at Sotheby's

March 14, 2022 / www.idexonline.com

(IDEX Online) - A pair of Boucheron earrings featuring 14.00-ct and 13.75-ct pear-shaped diamonds sold for $1.26m at Sotheby's New York.They led the Important Jewels auction last Wednesday, which raised a total of $12.4m.The detachable pear-shaped diamonds are both Type IIa, a 14.00-ct D/VS1 and a 13.75-ct D/VVS2, as certified by GIA. They are set in 18K gold, together with around 7.80-ct of...Read More

$12,000 Lab Grown Diamond Made of Salad Seasoning

March 14, 2022 / www.idexonline.com

(IDEX Online) - A lab grown diamond made from salad seasoning is being sold for the charity Feeding America.Chicago-based Hidden Valley had its Original Ranch Dressing used as the graphite carbon seed to begins the growing process.After five months growing in the lab, the rough stone was cut into a 2.01-ct G/VVS1 round and set in a 14K white gold band.It has the initials HVR LVR ???,?" for "Hidden...Read More

Tudor to raise $20 million to explore Treaty

March 14, 2022 / www.mining-journal.com

Tudor enlisted Research Capital Corporation as lead agent for the private placement—while high-profile investor Eric Sprott is expected to participate in the offering, Tudor said.Read More

The challenge of Russian copper

March 14, 2022 / www.mining-journal.com

Mining Journal and MiningNews.Net Copper Outlook ReportSPONSOREDMarvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining Ero Copper touts green focus and shareholder returnsSPONSOREDero copperDescribed as one of the next major sources of copper for an electrifying world, Udokan is expected to...Read More

Albemarle latest company to get Atacama water fine...

March 14, 2022 / www.mining-journal.com

Mining Journal and MiningNews.Net Copper Outlook ReportSPONSOREDMarvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining Ero Copper touts green focus and shareholder returnsSPONSOREDero copperThe SMA said the infractions occurred in February and March 2021, of which it deems one as a minor inf...Read More

Rio Tinto bids at 32% premium to share priceCopper News

March 14, 2022 / www.mining-journal.com

Rio Tinto has offered around US$2.7 billion for the outstanding 49% of shares, at a 32% premium to share prices at close on Friday, leaving it will with full ownership of Turquoise Hill, which owns 66% of Oyu Tolgoi, with the balance held by the Mongolian government."Rio Tinto strongly believes in the long-term success of Oyu Tolgoi and Mongolia, and delivering for all stakeholders over the long-t...Read More

UPDATE: Rio Tinto goes after Turquoise Hill in US$2.7B bid

March 14, 2022 / www.northernminer.com

Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has offered US$2.7 billion for the 49% of shares it doesn't already own in Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) in a move that seeks gaining direct controlling ownership of the vast Oyu Tolgoi copper-gold mine in Mongolia.The world's second-largest miner is offering $34 per each outstanding share of Turquoise Hill Resources it does not already ow...Read More

Marathon Gold buys net profit interest royalty on Valentine project

March 14, 2022 / www.northernminer.com

As exploration continues on its Valentine gold project in central Newfoundland, Marathon Gold (TSX: MOZ) has purchased for cancellation the historical 7.5% net profit interest royalty covering certain mineral resource areas on the property.The royalty relates to certain properties at the Valentine project initially granted to Reid Newfoundland Company in the early part of the last century, in conn...Read More

FPX Nickel continues to showcase strong near-surface grades from Baptiste project

March 14, 2022 / www.northernminer.com

FPX Nickel (TSXV: FPX; US-OTC: FPOCF) has released results from its summer 2021 infill drill program at the Baptiste project, part of the company's 100%-owned Decar nickel district in central British Columbia.The Decar district covers 245 sq. km of area in the Mount Sidney Williams ultramafic/ophiolite complex, and is located 90 km northwest of Fort St. James. The Baptiste nickel deposit is the mo...Read More

Mineral Resources takes stake in Global Lithium, boosts battery metals exposure

March 14, 2022 / www.northernminer.com

Australia's Mineral Resources (ASX: MIN) will pump A$13.6 million (US$9.80 million) into fellow explorer Global Lithium Resources (ASX: GL1) as part of a A$30 million (US$21.61 million) placement that seeks to speed up exploration programs at Marble Bar and Manna lithium projects in Western Australia.The move gives Mineral Resources 10.1 million shares or a 5% stake in Global Lithium. It also gran...Read More

The Last Straw

March 14, 2022 / dailyreckoning.com

The U.S. and its allies in the EU and others around the world have imposed the harshest economic sanctions on Russia that have ever been used. In the past, even nations directly at war with each other would continue to pay the debts they owed each other.Since this war is in Ukraine, let's look at another war that took place in present Ukraine from 1854-56, during the Crimean War.Britain (and Franc...Read More

This Just In: U.S. Politicians Profiting From the Ukraine Crisis

March 14, 2022 / www.outsiderclub.com

Those pesky insiders are at it again.Just when you thought our politicians in Washington couldn't get any lower, they go and do something like this...First it was the 2008 financial crisis, then the pandemic, and now the war in Ukraine.It's mind-blowing that our lawmakers are still allowed to do this, but hey, they make the laws, so they feel like they can do what they want with their investments....Read More

War in Ukraine: India's Diamond Revenue to Plunge

March 13, 2022 / www.idexonline.com

(IDEX Online) - India's polished diamond sales are set to plunge by more than a quarter, say the ratings analysts CRISIL."If the trade disruption is protracted, next quarter's sales will be down by 25 to 30 per cent, shaving off about $2bn to 2.5bn," said its director, Rahul Guha, speaking before Friday's announcement of sanctions by the US government on the purchase of rough diamon...Read More

"Your Big Diamond Might be Fake!" - Provocative Documentary Launches in US

March 13, 2022 / www.idexonline.com

(IDEX Online) - Nothing Lasts Forever, the new documentary that claims to lift the lid on the "highly secretive" diamond industry, premiered yesterday on the US network Showtime.The trailer opens with a provocative observation about lag growns: "People want diamonds because they've been told to. None of them are really worth anything and, surprise, your big diamond might be fake!"Jason Kohn s...Read More

War in Ukraine: US Bans Import of Russian Diamonds

March 13, 2022 / www.idexonline.com

(IDEX Online) - The US has imposed sanctions on gem quality diamonds from Russia, which accounts for almost 30 per cent of global rough supply.President Joe Biden (pictured) issued an executive order on Friday banning the import of "non-industrial diamonds", along with vodka, caviar and other luxury goods."As  Putin continues his merciless assault, the United States and our allies and partner...Read More

A Bad Horror Movie

March 12, 2022 / dailyreckoning.com

Historians of the future, boiling acorns over their campfires, will wonder how, amidst all the global strife of the 2020s, Americans barely noticed that the U.S. government went to war on its own citizens.Was there something in the water - or, more specifically, in the Pepsi-Cola? Or did those "vaccines," which were so popular as an emblem of their obedience to The Science, turn their brains into...Read More

Harmony Gold Mining (NYSE:HMY) Shares Gap Down to $5.23

March 11, 2022 / dlvr.it

Harmony Gold Mining Company Limited (NYSE:HMY - Get Rating)'s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $5.23, but opened at $4.99. Harmony Gold Mining shares last traded at $4.93, with a volume of 142,523 shares changing hands. Several research firms recently weighed in on HMY. Investec [...]Read full newsRead More

Serabi Gold reports further high-grade intersections from underground development of its Coringa Mine

March 11, 2022 / dlvr.it

For immediate release 11 March 2022 Serabi Gold plc("Serabi" or the "Company") Further high-grade intersections recorded from underground development of the Serra orebody at the Coringa Mine Serabi Gold plc (AIM:SRB, TSX:SBI), the Brazilian-focused gold mining and development company, is pleased to provide a development update on its wholly owned Coringa project in the Tapajos region of Para State...Read More

Barclays Reiterates "Overweight" Rating for Hochschild Mining (LON:HOC)

March 11, 2022 / dlvr.it

Barclays reissued their overweight rating on shares of Hochschild Mining (LON:HOC - Get Rating) in a report released on Monday, MarketBeat reports. Barclays currently has a GBX 155 ($2.03) price target on the stock. Other equities research analysts also recently issued research reports about the company. JPMorgan Chase & Co. reduced their target price on [...]Read full newsRead More

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