Finland's next government, encompassing five parties from the left and center of the political spectrum, will increase spending by about 4 billion euros ($4.5 billion), Iltalehti reported, citing a draft of the government program agreed on Friday.The incoming cabinet, led by Prime Minister-designate Antti Rinne of the Social Democrats, is due to unveil its program and composition, including minist...Read More
RAPAPORT... De Beers has launched an online resource for sharing information and tools that will help members of the trade join its blockchain program. The Tracr Community will provide participants with educational materials and standards for moving their business onto the Tracr Beta Platform, which will open to the entire industry over the summer. "As industry adoption of Tracr grows, we wi...Read More
RAPAPORT... The Gemological Institute of America (GIA) will offer provenance reports for colored diamonds, expanding its existing service matching polished to the original rough. The organization analyzes the physical measurements andother scientific data from natural rough stones and assigns each a uniqueidentification number. When a polished diamond bearing that same rough ID is submitted f...Read More
The Gemological Institute of America (GIA) said it has added natural colored diamonds to the GIA Diamond Origin Report Service. The service scientifically matches faceted D-to-Z - and now also natural colored diamonds - to their original rough to confirm the gem's country of origin. "Reaction to the GIA Diamond Origin Report is very positive," said Tom Moses, GIA executive vice presiden...Read More
Registration is now open for the 2019 Bharat Diamond Week (BDW) which will take place at the bourse from 14 to16 October. The third edition of the event, following the two shows held last year, will host delegations of buyers from China, Australia, and various Asian countries. The second edition of the Bharat Diamond Week last October hosted more than 1,000 visitors from India and across the world...Read More
The Diamond Producers Association (DPA) launched an expanded offering of educational assets available to the jewelry trade at JCK Las Vegas. The new asset package includes a free social media asset library that will be expanded regularly to help retailers feed their digital channels with fresh, insightful and compelling content for consumers. The social media asset mix includes both st...Read More
The DFL Group, which is building an international ecosystem that will provide multiple suppliers and buyers with financing, online sales capacity that includes polished diamonds, has announced the appointment of Mahiar Borhanjoo as its new chief executive, effective June 17, 2019. UNI.Diamonds is the DFL Group's online diamond trading platform. Mr. Borhanjoo joins the DFL Group from Venus Jew...Read More
Just prior to the opening of the Las Vegas gem and jewelry shows, the De Beers Group announced the launch of the Tracr Community for the education and collaboration of industry participants. Tracr???EUR? ? is a diamond traceability platform that is developed by De Beers in collaboration with the diamond industry. Tracr's Community launch is the signal to the diamond industry that the platfor...Read More
According to several sources, no less than 77 cooperatives have been authorized to explore diamonds in a number of Angolan provinces of by state diamond company Endiama. The spokesperson for Operation Transparency's Advanced Command post, commissioner Ant?? ?nio Jos?? (C) Bernardo, said the cooperatives will operate in the provinces of Lunda Norte, Lunda Sul, Malanje, Uige, Kwanza Sul and Kwa...Read More
The British government still buries their heads in the sand regarding the dangers of unfettered migration, even after public opinion shows them the clear message of average citizens yearning for their countries to be secure and safe again.Read full newsRead More
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Point Roberts, Washington and Delta, British Columbia--(Newsfile Corp. - May 30, 2019) - Investorideas.com, a global investor news source covering mining stocks releases a snapshot looking at the recent developments in the African Gold mining sector, specifically in Tanzania. In Tanzania, revenues fromRead full newsRead More
A tree-testing method for gold discovery in Australia is holding up against surface and groundwater analysis in at least a few samples and has major...Read full newsRead More
"Forget Driverless Cars, It's Flying Cars That's About To Disrupt The Trillion Dollar Transport Industry; Also, What's In Store For Next Week https://t.co/5vtOAPHOev"Read full newsRead More
"Precious metals weekly round-up: Gold boosted by Trump and last week's other precious metals top stories. https://t.co/cONU6PrRtV #preciousmetals #investing #stocks"Read full newsRead More
Gas and coal prices are plunging in Europe, hurt by the relentless threat of ever-cheaper clean energy that's gaining market share and pushing out the fossil fuels in the process.Both energy commodities had their fourth weekly decline, with benchmark Dutch gas posting the biggest first-half slump in a decade. That's exacerbated by a glut of liquefied natural gas cargoes arriving in Europe. Prices...Read More
A type of fungi that looks like a thread could offer clues for finding new gold deposits.According to scientists at Australia's national science agency CSIRO, fungi known as Fusarium oxsporum attach gold to their strands by dissolving and precipitating particles from their surroundings."Fungi can oxidise tiny particles of gold and precipitate it on their strands - this cycling process may contribu...Read More
We have written for over a year about the historical importance of the shift in Federal Reserve policy. We've noted that over the past 65 years in 11 of 13 rate cut cycles the gold stocks have enjoyed tremendous gains. The historical data shows an average gain of over 170% and median gain of almost 150%.As of last Tuesday morning, the market showed an 84% chance of a rate cut by the Fed meeting in...Read More
Gold is catching a new tailwind that could push the price of the yellow metal above the early 2019 highs. If that happens, the gold miners appear cheap right now.Let’s take a look at the reasons behind the recent rebound in gold and try to determine if big players such as Barrick Gold (TSX:ABX) (NYSE:GOLD) deserve to be on your buy list today.Gold priceGold enjoyed a strong rally from US$1,2...Read More
Retirees and other income investors have a wide selection of quality dividend stocks to choose from on the TSX Index right now.Let’s take a look at three companies that might be interesting picks today.Bank of Nova Scotia (TSX:BNS)(NYSE:BNS)Bank of Nova Scotia’s stock price is back down to $69 per share, which isn’t too far off the December 2018 low around $67 and well off the 20...Read More