In collaboration with Deloitte, Fortune surveyed 171 CEOs between Sept. 23 to 30, found 76% of respondents are expected to reduce office space size in the near term. About 28% of them said theyContinue...Read More

Some hotels, like the Midtown Hilton, have remained closed since March. Others, like the Pierre, are operating in limited capacity. Those that are open for business have slashed prices by more Continue...Read More

"When you enter the season of the cooler months of the fall and the colder months of the winter, where a lot of activity, out of necessity, is going to be inside as opposed to outside, that's a difficult Continue...Read More

"I embrace any dip in gold," he said. "I want to see lower prices because that means Continue...Read More

0:35 - Are gold companies actually making money?3:16 - Top criteria for picking a junior mining stock4:25 - Jurisdictional risk6:36 - Top mining companies10:05 - M&A vs. exploration Expanded margins have created an optimal environment to invest in miners, but investors should still watch for jurisdictional risks, including the inability for miners to access their sites due to the ongoing pandemic,...Read More

Liberty Steel, part of the GFG Alliance, has restarted Adhunik Steel in India six months after it acquired the plant, the company said on Thursday October 22. The company said that it had restarted the first phase of production at Adhunik Metaliks Ltd and Zion Steel following the acquisition of the steel businesses in February 2020. The acquisition of the Indian site is a strategic investment in o...Read More

The threat of economicallycrippling lockdowns, the promise of unending monetary stimulus, and theuncertainty of game-changing political outcomes – this is the “new normal” forinvestors.The COVID pandemic won’t beeradicated anytime soon. And even when it finally is, the economic and socialcosts will continue to be borne for years to come.In such an environment, allconvention...Read More

Here are five Fastmarkets stories you might have missed on Friday October 23 that are worth another look....Read More

Here are five Fastmarkets stories you might have missed on Friday October 23 that are worth another look....Read More

Now is not the time for Freeport-McMoRan to be thinking about mergers and acquisitions, the mining company's chief executive officer says.According to Richard Adkerson, the company - which is just over half-way through a mega-project to transform its giant Grasberg copper-gold mine in Indonesia from an open-pit to an underground operation - is on the verge of creating huge shareholder value."I jus...Read More

China's making an UNPRECEDENTED move into physical silver, and it's having a SIGNIFICANT impact both the physical and paper markets...Samuel Briggs via KinesisAndrew Maguire explores the marketwide implications of China buying up vast quantities of gold and silver. Andrew Maguire reveals China's making an unprecedented move into physical silver, while also securing huge quantities of gold dor?(C)...Read More

RAPAPORT... WD Lab Grown Diamonds has entered into patent sublicensing agreements with two synthetics companies, enabling them to distribute chemical vapor deposition (CVD) stones in North America and beyond.The deals with Altr and Altr (India), as well as with Evolution Diamond, relate to intellectual property belonging to the Carnegie Institution of Washington, the science organization behi...Read More

RAPAPORT... Rio Tinto has asked a Canadian court to allow it to sell its partner's portion of rough diamonds from the Diavik mine to recoup more than CAD $120 million ($91.4 million). Dominion Diamond Mines, which owns 40% of the joint venture, filed for creditor protection in April, citing mounting debt and an inability to sell its diamonds during the coronavirus pandemic. It has since missed two...Read More

RAPAPORT... US consumers ranked jewelry low on their list of gifts to buy and receive from loved ones, as many plan to curb their spending this holiday season amid strong concerns about economic stability.The category was the bottom pick when it came to items shoppers would purchase as a gift, chosen by only 24% of respondents in Deloitte's recently released 2020 Holiday Retail Survey, which predi...Read More

RAPAPORT... Sotheby's garnered $17.9 million from its Important Jewels sale in New York, with a pink-diamond ring taking the top spot.The pear-shaped, 12.38-carat, fancy-pink, VVS2-clarity diamond ring fetched $4.6 million, or $373,337 per carat, falling within the price range the auctioneer had estimated. It led the auction house's first live jewelry sale in the state since the coronavirus p...Read More

RAPAPORT... Alrosa has delayed its new supply contract for rough buyers until early next year due to uncertainty in the diamond industry, the Russian miner said Friday.The current market environment has made it hard for diamond companies to commit to long-term plans, Alrosa explained. As a result, the company will assess clients' allocations at the end of the first quarter of 2021, and has ex...Read More

(IDEX Online) - The first ever educational course dedicated to lab-grown diamonds is being launched for the industry by GSI.The New York-based lab has graded identified hundreds of thousands of lab-growns and will share its knowledge online through Laboratory-Grown Diamond Essentials."It is imperative that the jewelry industry has the ability to communicate about laboratory-grown diamonds confiden...Read More

(IDEX Online) - Alrosa is to extend existing three-year rough diamond supply contracts to help buyers respond to ongoing market uncertainties.The Russian miner usually analyzes trading activity at the year end, to determine who will be on its long-term client list and what product mix they'll be offered.It is delaying that assessment until the end of March 2021 "to support its clients amid th...Read More

(IDEX Online) - De Beers' diamond output showed a solid third-quarter recovery, down just four cent year-on-year despite the devastating impact of coronavirus.Total production was 7.2m carats compared with 7.4m carats in Q3 2019, according to figures released by parent company Anglo American. Output in Q2 of 2020 was less than half, 3.5m carats.Mark Cutifani, Anglo American chief executive, r...Read More

Remember Cameco Corp (TSX:CCO)(NYSE:CCJ)? For those investors that may have forgotten, Cameco is one of the largest uranium miners on the planet. Unfortunately, being a major player of a commodity that is decreasing in price doesn’t bode well for investors. Here’s a recap of what happened to Cameco and why it matters now more than ever.A nuclear resurgence is occurringNuclear reactors...Read More