RAPAPORT... Gemfields recorded its highest auction revenue for rubies from its Montepuez mine in Mozambique since it started selling in 2014.The company saw revenue of $95.6 million from a series of seven mini-auctions between May 30 and June 17, with 94% of lots finding buyers, it said Monday. The sales took place in Bangkok but were performed via an online auction platform that allowed customers...Read More
RAPAPORT... Pandora will assume ownership of 34 stores from its distributor in Portugal as part of its plan to expand its network and regain control of its brand.The jeweler will take over the full distribution and sales network of Vis??o do Tempo, which includes 25 concept stores and nine shop-in-shops, Pandora said Tuesday. All locations will open as Pandora-owned-and-operated stores on July 20....Read More
(IDEX Online) - The Kimberley Process (KP) is facing renewed pressure to consider whether it should still be certifying Russian diamonds.The KP Civil Society Coalition (KPCSC), the umbrella organization that oversees KP activities, blasted the watchdog for its "silence" over the invasion of Ukraine."The fact that the KP is unable to even discuss whether it should continue certifying Russian diamon...Read More
(IDEX Online) - Hong Kong billionaire Calvin Lo has launched a jewelry investment for the ultra-rich to take financial refuge in pieces by Van Cleef & Arpels, Cartier and Bulgari.The insurance tycoon has already attracted $1.1bn from a group of 42 high net worth individuals, mostly from Hong Kong.Lo, aged 46, who is reckoned to have a $1.7bn fortune, is head of RE Lee International, specializi...Read More
(IDEX Online) - An anonymous buyer paid $12.96m for the flawless 101.41-carat Juno diamond at Sotheby's New York - and promptly renamed it Claire G, after his wife.The Type IIa pear-shaped D-color IF stone sold for way over its $10m high estimate.It was only the 12th +100-ct D-color diamond ever to sell at auction, and it is the fourth-largest pear diamond to be offered at auction.It was the...Read More
CONEXPO-CON/AGG, Taking Construction to the Next LevelSPONSOREDconexpo-con/agg 2023Advancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningChinese Strategic AllianceSPONSOREDxanadu minesPetro and his Historic Pact party will be the first Leftist government in Colombia's history. Together with running...Read More
CONEXPO-CON/AGG, Taking Construction to the Next LevelSPONSOREDconexpo-con/agg 2023Advancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningChinese Strategic AllianceSPONSOREDxanadu minesThe C$10 million, 8,000m programme will focus on step-out and infill drilling at the Boundary Zone and Boundary Wes...Read More
"Today's results illustrate that the copper rich core of QF zone is becoming more robust at the 600 metre level and shows a very good eastern lateral extension with copper values of about 2% over a thickness of approximately four to five metres," executive chairman of Amex Exploration Jacques Trottier said.Amex highlighted the following results from the new follow-up drillholes on the copper rich...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 57 points in pre-opening trade.The Canadian Dollar was virtually unchanged at US77.27 cents following release of Canada's April Retail Sales report at 8:30 AM EDT. Consensus was an increase of 0.8% versus a gain of 0.2% in March. Actual was an increase of 0.8%.Spirit Airlines advanced $1.92 to $23.20 after Jet Blue rai...Read More
U.S. Gold Corp., provides an update on the permitting process and blasting tests as part of its program moving the CK Gold Project toward near-term developmentTest blasts were conducted to confirm studies that show there will be little or no appreciable disturbance for blasting operations and no damage to surrounding infrastructure or buildings through blast induced ground vibrationCHEYENNE, Wyo....Read More
This week's episode features the Quebec Thought Leadership panel at the Global Mining Symposium, featuring Tony Brisson, President and CEO, SOQUEM, Nathalie Camden, Associate Deputy Minister, Mines Minist??re de l'??nergie et des Ressources naturelles, Amyot Choquette, Senior Director Investments, Ressources Qu?(C)bec, and moderator Henry Lazenby, Senior Reporter at The Northern Miner. The panel d...Read More
NexGen Energy (TSX: NXE; NYSE: NXE) has advanced its 100% owned Rook uranium property by submitting the project's draft environmental impact statement (EIS) to Saskatchewan's Ministry of Environment and the Canadian Nuclear Safety Commission. The submission includes letters of support for the project from Clearwater River Dene Nation (CRDN), Birch Narrows Dene Nation (BNDN), and Buffalo River De...Read More
Australia's Core Lithium (ASX: CXO), which counts electric vehicles giant Tesla among its future costumers, is planning to send its first shipment of the key battery material by the end of the year.The company's flagship Finniss lithium project, near Darwin in Australia's Northern Territory, is expected to produce 175,000 tonnes of high-quality lithium spodumene concentrate a year.Tesla is expecte...Read More
B.C.-focused Surge Copper (TSXV: SURG; OTC: SRGXF) has provided its first resource update for its flagship Ootsa property, an advanced-stage exploration project located adjacent to Imperial Metals' (TSX: III) Huckleberry mine, since 2016.Pit-constrained measured and indicated resources at the project now total 439 million tonnes averaging 0.18% copper, 0.12 gram gold per tonne, 0.02% molybdenum an...Read More
A British subsidiary of Glencore (LSE: GLEN) formally pleaded guilty on Tuesday to the seven charges of bribery brought against the mining and commodities trader by the U.K. Serious Fraud Office (SFO), which relate to the firm's oil operations in Africa.Glencore Energy confessed paying $28 million in bribes to secure preferential access to oil, including increased cargoes, valuable grades of oil...Read More
CONEXPO-CON/AGG, Taking Construction to the Next LevelSPONSOREDconexpo-con/agg 2023Advancing Copper and Gold Projects in an Under-Explored Porphyry DistrictSPONSOREDresilience miningServicing China's Steel SectorSPONSOREDaspire miningChinese Strategic AllianceSPONSOREDxanadu minesThe miner has received the required determination from Western Australia's environment minister, Reece Whitby, sett...Read More
Tell me what this sentence means to you."We have a strong interest in ensuring that innovation does not lead to a fragmentation in international payment architectures."It's dry, it's vague, and it doesn't seem like something that'll affect us day to day. That's half the point.As for the other half, it's also one of the most telling quotes you'll read as the U.S. government tries to assert unpreced...Read More
About 100 guests were invited to the opening yesterday, including Banjima Traditional Owners and Western Australian mines minister Bill Johnston.Read More
Share this articleVANCOUVER - Guanajuato Silver Company Ltd. [GSVR-TSXV; GSVRF-OTCQX; VAQ-FSE] has discovered high-grade gold and silver material in an historical tailings area at the wholly owned El Cubo mine complex in Guanajuato, central Mexico.A 43,000-square metre, 1.0-1.5-metre thick layer of high-grade surface material has been identified from a retired tailings facility named Mastrantos IV...Read More
Investing News Network, Released on 6/22/22 (Recorded on 6/21/22)Gareth Soloway of InTheMoneyStocks.com has been calling for bitcoin to fall below US$20,000 for quite some time, and the key cryptocurrency recently did just that. Speaking to the Investing News Network, he outlined the tools he used to project the price drop well before it happened, and shared where he thinks bitcoin is headed next....Read More