News and Reports

Slower Growth for Fancy Color Diamond Prices

August 09, 2023 / www.idexonline.com

(IDEX Online) - Fancy color diamonds saw slower growth in the last three months, with an increase of just 0.5 per cent in the FCRF Index, which tracks prices across all colors, sizes and intensities.That compares with a 1.3 per cent rise during the first quarter of 2023, as reported by the New York-based Fancy Color Research Foundation, with the biggest increases among yellows.During Q2, yellows d...Read More

Jewelry Smash and Grabs at "Crisis Level", Warns JSA

August 09, 2023 / www.idexonline.com

(IDEX Online) - Raiders smashed showcases with sledgehammers at a jewelry store in California, USA, and fled with $900,000 of jewelry in garbage cans.The Jewelers' Security Alliance (JSA) said it was just one of 14 smash and grab attacks in the southern part of the state within a month.It warned that such robberies were at "crisis level" and urged retailers to take precautions - and not to ch...Read More

What Are Inflation Bonds? Should You Own Them?

August 09, 2023 / www.outsiderclub.com

If you weren't around for it, I can describe the 1990s in a single word...In the era of neon colors, Walkman, and Zima, American culture was highly saturated and blurred with a nostalgic glow of the rock-and-roll era that preceded it.Boy bands... Rollerblades... Zack Morris phones... everything popped in the 1990s. And everyone was ready to party. Even the U.S. Treasury Department.Yeah, that's rig...Read More

The Danger of Flat-Footed Trading

August 08, 2023 / dailyreckoning.com

Last week's abrupt stock market drop was just the beginning.Yes, there's probably more pain on the way for the bulls in the weeks ahead. But if you know what to look for and how to play a potential rotation out of the tech leaders and into what's working now you'll have no problem navigating the dog days of summer trading.Let's dive right into the nitty-gritty...The S&P 500 slipped lower b...Read More

Bellevue's confidence builds ahead of first gold

August 08, 2023 / www.mining-journal.com

Bellevue Gold's confidence is growing as it nears first gold production but that's just the company reaching the starting line, managing director Darren Stralow said during a pre-Diggers & DealersRead More

Glencore earnings half as coal, cobalt prices drop

August 08, 2023 / www.mining-journal.com

Glencore's first-half earnings before interest, taxation, depreciation, and amortisation (EBITDA) was  US$$9.4 billion down 50% year-on-year, and below consensus expectations of $10 billion.Read More

Barrick: development not exploitation

August 08, 2023 / www.mining-journal.com

Okane supports integrated mine closure planning involving all stakeholdersSPONSOREDokane consultantsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningAndover lithium potentially Australia's biggestSPONSOREDazure mineralsAs a preface to discussing the company's June quarter financia...Read More

Freeport to challenge Indonesia's copper taxes

August 08, 2023 / www.mining-journal.com

Okane supports integrated mine closure planning involving all stakeholdersSPONSOREDokane consultantsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningAndover lithium potentially Australia's biggestSPONSOREDazure minerals"PT-FI is continuing to discuss the applicability of the revis...Read More

Cornish Lithium gets funding as UK battery supply chain...

August 08, 2023 / www.mining-journal.com

The Cornish Lithium investment is the latest sign that the UK's battery sector may be starting to pick up some momentum, after attracting widespread criticism in the wake of the Britishvolt debacle.Read More

Industry calls for clarity after scrapping of WA's...

August 08, 2023 / www.mining-journal.com

Okane supports integrated mine closure planning involving all stakeholdersSPONSOREDokane consultantsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningAndover lithium potentially Australia's biggestSPONSOREDazure mineralsThe government said the decision was made "after serious consi...Read More

Codelco's debt, growth strategies questioned

August 08, 2023 / www.mining-journal.com

The structural projects were conceived in 2010 to extend the operability of several Codelco operations for decades and reverse its declining production profile.Read More

Atlantic confident of getting lithium lease as resource...

August 08, 2023 / www.mining-journal.com

ASX-listed Atlantic said today it was aware of the potential for new policy to be introduced in Ghana, "including changes to the mining royalty rate and the state's carried interest in miningRead More

US President conserves 1 million acres of land near...

August 08, 2023 / www.mining-journal.com

Okane supports integrated mine closure planning involving all stakeholdersSPONSOREDokane consultantsArdea set for 40 years plus of nickel, cobalt productionSPONSOREDardea resourcesMassive resource increase as De Grey's Hemi heads for DFSSPONSOREDde grey miningAndover lithium potentially Australia's biggestSPONSOREDazure mineralsThe Baaj Nwaavjo I'tah Kukveni - Ancestral Footprints of the G...Read More

Debswana Rough Diamond Sales Down 17%

August 08, 2023 / www.idexonline.com

(IDEX Online) - Rough diamond sales at Debswana fell by 17 per cent during the first half of this year, amid ongoing weak demand.The 50/50 joint venture between De Beers and the Botswana government sold 12.7m carats for $2.179bn, down from $2.622bn during the same period last year, according to the Bank of Botswana.It follows a bumper year for Debswana in 2022, when rough sales increased by almost...Read More

IGI Boss Lorie Steps Down after $570m Buyout

August 08, 2023 / www.idexonline.com

(IDEX Online) - Roland Lorie is stepping down as CEO of IGI after the grading lab was sold for $570m in May, and will be replaced by Tehmasp Printer, who currently manages IGI's India operation.IGI was founded in 1975 in Antwerp by Marcel Lorie and expanded under his son's leadership into a network of 29 laboratories and 18 gemology schools.Printer will take over as global CEO in October...Read More

The Greater Financial Crisis of 2024

August 08, 2023 / dailyreckoning.com

You're probably aware that Fitch has downgraded the credit rating of the United States from AAA to AA+. It was big news last week.That's nothing to cheer about, though it's not likely to have much impact on the markets in the short run. It's more of a long-term problem.But it's certainly another straw in the wind showing that the U.S. is on a non-sustainable fiscal course that can only end in defa...Read More

US President conserves 1 million acres of land near Grand Canyon

August 08, 2023 / www.mining-journal.com

The Baaj Nwaavjo I'tah Kukveni - Ancestral Footprints of the Grand Canyon National Monument will conserve nearly 1 million acres of greater Grand Canyon landscape sacred to Tribal Nations andRead More

This Company Is Building a Death Ray

August 08, 2023 / www.outsiderclub.com

When we talk about the future of warfare, a lot of people think of drones or hypersonic weapons. That's reasonable, but one facet of future war that often goes overlooked is laser weapons. The U.S. military first began experimenting with lasers in the 1960s.However, after a series of tests, some of them brutal, it was determined that laser weapons had limited use in combat. In fact, in 1995, the G...Read More

Barrick eyes US copper

August 08, 2023 / www.mining-journal.com

Bristow said that while the alignment on minerals policy in the US government is pulled in different directions by pro-mining and anti-mining people, the fact that earlier this month, copper wasRead More

China works IRA loophole; lifts battery dominance

August 07, 2023 / www.mining-journal.com

Also, while the Read More

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