RAPAPORT... A blue diamond weighing 5.53 carats failed to find a buyer at Sotheby's Geneva on Wednesday despite being billed as the star of the auction. The cushion brilliant-cut, fancy-vivid-blue diamond is part of an eight-piece group called the De Beers Exceptional Blue Collection, which Sotheby's has spread between its various Magnificent Jewels sales. No bids matched the stone's threshold pri...Read More

PolarX following up promising results at Nevada gold-silver projectSPONSOREDpolarx limitedSaudi to lead mining super regionSPONSOREDsaudi ministry of industry and mineral resourcesAura picks up the pace on its pathway to uranium production at TirisSPONSOREDaura energy Attitudes among policymakers to market intervention have changed radically in the past few months as higher energy prices have thre...Read More

RAPAPORT... Sales and earnings rose at India's Asian Star in the second fiscal quarter, driven by strong growth in its diamond manufacturing division.Group revenue jumped 15% year on year to INR 13.31 billion ($163 million) - including subsidiaries - for the three months ending September 30, Asian Star reported Wednesday. Net profit increased 1% to INR 309 million ($3.8 million).The Mumbai-ba...Read More

RAPAPORT... Kering-owned jewelry brand Pomellato has established a long-term equity partnership with an Italian goldsmith company that will help improve its manufacturing capabilities.The minority interest in Valenza-based Costanzo & Rizzetto will provide Pomellato with additional productive capability and will allow the company to grow faster, the jeweler said Wednesday. It will also enable t...Read More

RAPAPORT... A surge in visits to the GemGen??ve show signaled strong orders despite global economic uncertainty. More than 5,000 people attended the Swiss gem and jewelry fair's fifth edition from November 3 to 6, according to preliminary figures from organizers - over 7% more than the previous event, which took place in May. There were also 176 exhibitors, slightly below May's numbers."The m...Read More

(IDEX Online) - Two men have been arrested and charged over an $800,000 raid on a New York jewelry store, in which staff were attacked with bear spray.At least six masked gang members sprayed the bear-repelling aerosol - like pepper spray but stronger - at Revel Jewelers, in the Bronx, in August.Workers were taken to hospital suffering bear spray exposure - stinging eyes, noses and lungs, and coug...Read More

(IDEX Online) - Pandora, the world's biggest jewelry brand, says it's on track to reach 2022 revenue targets despite "macroeconomic and geopolitical uncertainty".The Danish jeweler, which has 6,400 outlets globally, reported a three per cent rise in third quarter sales and still expects to meet its full-year guidance of  $3.48bn to $3.55bn."With strong financials and our position in...Read More

(IDEX Online) - A huge 21.01-carat diamond has sold online for $2.5m, setting a new world record.The D / IF gem, set in a platinum engagement ring, was bought by a 59-year-old businessman after viewing it online.He had it delivered by an armed security to an hotel in Montana, USA, and promptly proposed to his partner. She accepted.Don Palmieri, founder and president of GCAL (Gem Certification &...Read More

PolarX following up promising results at Nevada gold-silver projectSPONSOREDpolarx limitedSaudi to lead mining super regionSPONSOREDsaudi ministry of industry and mineral resourcesAura picks up the pace on its pathway to uranium production at TirisSPONSOREDaura energy Cuzzubbo replaced the colourful and controversial Nick Mather as the head of the Ecuador-focused company, and while he had a very d...Read More

The CAEM is referencing the continuing delays in the approval processes of the Import System of the Argentine Republic (SIRA) and the System of Imports of the Argentine Republic and Service PaymentsRead More

There will be no Pre-opening comments available today. Technical Notes for yesterdayConsumer Discretionary SPDRs $XLY moved below $133.55 and $132.46 extending an intermediate downtrend.Walt Disney $DIS a Dow Jones Industrial Average stock moved below $90.71 and $90.23 following release of less than consensus fiscal fourth quarter results. Medtronic $MDT an S&P 100 stock moved below $79.4...Read More

CHEYENNE, Wyo., Nov. 10, 2022 /PRNewswire/ -- U.S. Gold Corp. (NASDAQ: USAU) ("U.S. Gold," the "Company," "we," "our" or "us"), a gold exploration and development company, announces the execution on November 9, 2022 of a transaction related to the Maggie Creek Property among Nevada Gold Mines LLC ("NGM"), Orogen Royalties Inc. ("Orogen"), and U.S. Gold (the "Transaction").The TransactionRenaissan...Read More

High-tech manufacturing, beautiful art and good food are a lot more commonly associated with Japan than gold.But Vancouver-headquartered explorer Japan Gold (TSXV: JG) might be a catalyst to start shifting that association.Of the multiple rigs the company currently has turning in Japan, it is mobilizing two more to drill on the northern island of Hokkaido "before the snow really flies this year,"...Read More

Canada's largest diversified miner Teck Resources (TSX: TECK.A; TECK.B, NYSE: TECK) will power its Quebrada Blanca phase 2 (QB2) copper project in Chile with 100% renewable energy sources from 2025 onwards.Teck president and COO Red Conger at QB2. Credit: Teck ResourcesAES Corp. (NYSE: AES) has agreed to supply the Canadian miner with 1,069 gigawatt hours per year of energy from renewable sources...Read More

Vox Royalty Corp. (TSXV: VOX) has acquired the rights to a portfolio of four different net smelter return (NSR) royalties from First Quantum Minerals (TSX: FM) for $650,000.The portfolio includes a 2% NSR on a portion of the Estrades project owned by Galway Metals (TSXV: GWM), a 0.49% NSR on the Opawica project owned by Imperial Mining (TSXV: IPG), a 2% NSR (including a 1% buy-back for $3 million)...Read More

O3 Mining (TSXV: OIII; US-OTC: OIIIF) has posted a first resource for the Bulldog deposit and the nearby Kappa discovery at its Alpha property in Quebec.In total, the Bulldog and Kappa deposits have an inferred resource of nearly 3.1 million tonnes grading 3.2 grams gold per tonne for 318,000 oz. of contained gold.The resource was based on roughly 50,000 metres of drilling in 116 holes, about 76%...Read More

Ecuador-focused SolGold (TSX: SOLG; LSE: SOLG) said on Thursday its chief executive and managing director, Darryl Cuzzubbo, had left the company effective immediately, after less than a year in the top job.The former BHP (NYSE: BHP; LSE: BHP; ASX: BHP) executive's departure comes just two days after the company unveiled a $50-million royalty financing deal to advance its giant Cascabel copper-gol...Read More

Canada's Triple Flag Precious Metals (TSX: TFPM) is buying smaller peer Maverix Metals (TSX: MMX) in a deal valued at $606 million, which would consolidate it as the world's fourth-largest senior streaming and royalty company.The Toronto-based company said combining its predominantly gold and silver streams and royalties portfolio with Maverix's will allow it to increase scale and enhance div...Read More

Cameco (TSX: CCO; NYSE: CCJ) announced on Wednesday that the first pounds of uranium ore from the McArthur River mine in Saskatchewan have now been milled and packaged at the Key Lake mill, marking the achievement of initial production as these facilities transition back into normal operations."McArthur River and Key Lake are among the best and most prolific uranium assets on the planet, and after...Read More

Increasing consumption will outstrip the mining industry's ability to ramp up supply, resulting in commodity deficits as early as 2024, a new analysis by S&P Global has found.The report, 'The big picture: Metals and Mining,' says that global efforts to decarbonize are driving the rollout of metals-intensive technologies, bringing about near-term challenges in the commodities sector.On the battery...Read More