RAPAPORT... Petra Diamonds is considering whether to hold a rough tender in June after a market slowdown prompted it to cancel its May sale.Prices fell 27% in March and April compared with February as the Covid-19 pandemic reduced business activity throughout the supply chain, the company reported Friday. Having called off the May sale, it is now considering holding a tender in South Africa a...Read More

RAPAPORT... Alrosa has continued its policy of enabling customers to hold off buying its rough diamonds until later in the year, aiming to avoid flooding the market with goods.The flexibility will be in place at the upcoming June contract sale, marking the third consecutive month in which the Russian miner has allowed 100% deferrals. Clients may still purchase remotely if they wish, the compa...Read More

RAPAPORT... Jewelers of America (JA) has announced the winners of its 30th annual CASE Awards for jewelry design, recognizing retail and supply members whose pieces feature creativity, artistry, style and excellence.This year, JA expanded the prizes to include categories specifically for both retailers and suppliers, it said last week. A panel of judges chose the honorees from a group of more than...Read More

RAPAPORT... Christie's plans to relaunch its three live Magnificent Jewels sales during July, with the Geneva event set to feature a 100.58-carat diamond.The modified shield mixed-cut, D-color, type IIa diamond will go under the hammer on July 22 with a price estimate of $3.5 million to $4.5 million. Christie's will also hold its New York Magnificent Jewels auction on July 29, it announced Friday....Read More

(IDEX Online) - India's diamond industry, already reeling from COVID-19, has been dealt another blow, with the introduction of a two per cent online sales tax.   The so-called Equalization Levy will be applied to all sales made by any foreign e-commerce operator - including suppliers of rough or polished diamonds  - to any resident or business in India.   The government is keen...Read More

(IDEX Online) - De Beers aims to hold Sights outside Botswana until travel restrictions brought in to counter COVID-19 are eased. Its third Sight of the year, in March, was canceled and the fourth, in May, was virtually wiped out by travel restrictions. The next is scheduled for 15 to 19 June in Gabarone, the country's capital. But De Beers is in talks with Botswana's government to relo...Read More

Toronto, Ontario--(Newsfile Corp. - May 29, 2020) - FenixOro Gold Corp. (CSE: FENX) is pleased to announce the formal commencement of...Read full newsRead More

Bogoso (W/R), May 29, GNA - Gold Fields Damang Mine has presented Personal Protective Equipment (PPE) worth over $ 108,000 to the Prestea Huni-Valley Municipal Assembly (PHMA) in the Western Region to aid in combating the COVID-19 pandemic. The items donated comprised of 41 non-contact thermometers, 21,450 pairs of gloves, 15, 670 pieces of pocket-size alcoholic-based hand sanitizers, 754 large bo...Read More

Small-scale gold mining using mercury in the Peruvian Amazon threatens the health of communities 100 miles or more downstream, according to new research.Read full newsRead More

TMAC is the third underperforming Canadian gold junior to be acquired in the past few months.Read full newsRead More

Would you like to buy some stocks this month but don’t know what to buy? I’m giving you three suggestions of stocks to buy.Jamieson WellnessYou have probably seen the Jamieson Wellness (TSX:JWEL) brand at the drugstore or have taken Jamieson’s supplements yourself.Founded in 1922, Jamieson is Canada’s leading branded manufacturer, distributor, and marketer of high-quality n...Read More

Drill core from Osisko Mining's Windfall gold project Credit: Major Drilling. On the back of a gold price rally, Osisko Mining (OSK.TO) has announced a C$150-million bought deal private placement, one of the largest such raises in recent years.The company has entered into an agreement with Canaccord Genuity and Eight Capital as co-lead underwriters of a syndicate, which has agreed to purchase,...Read More

"And the best thing, the very best thing of all, is there's time now - all the time I need and all the time I want. Time, time, time. There's time enough at last...." Those were the words of Henry Bemis, the main character in the iconic Twilight Zone episode, "Time Enough at Last".I'm sure most of you are at least somewhat aware of it...In the story, Henry simply wanted the time to read. He had a...Read More

My friends are now asking me about gold stocks. "I saw a video of you talking about Franco Nevada (NYSE: FNV) from February," the text read this week. "Do you still feel that way?"All Franco has done is double from its March lows. And I believe it - and gold prices - are going higher for many reasons that existed before the virus. Reasons that have now been both compounded and exacerbated. I've...Read More

Donlin Gold, Alaska. Image: Novagold Novagold on Monday said it's preparing a full response to a scathing report from J Capital Research that accuses managers of the Vancouver-based explorer of "systematically" misleading investors about its proposed Alaska gold mine over the last 15 years.J Capital, a company founded in China a decade ago which usually targets overvalued media and tech compani...Read More

Worker safety software Image from Fatigue Science. Fatigue Science, a global provider of predictive human performance data, has launched ReadiAnalytics, a first-of-its-kind analytics platform.ReadiAnalytics delivers real-time, validated, and objective insights into workforce fatigue levels and its root causes.Fatigue management has emerged as a priority for companies, as leaders now recognize a c...Read More

Outotec VSF X plant Credit: Outotec Outotec has been awarded a contract by La Sino-Congolaise Des Mines (Sicomines), a joint-venture of companies from China and the DRC, for the delivery of copper solvent extraction technology to Sicomines' project near Kolwezi. The order, valued at approximately $30 million, has been booked with Outotec's orders for the second quarter.Outotec's scope includes...Read More

The spring drilling program at Gowest Gold's 109-sq.-km North Timmins gold project in Ontario has intersected extensions of the Bradshaw gold deposit.Drill highlights include 2.2 metres of 12.24 g/t gold and 2.5 metres of 1.89 g/t gold; both of these intersections include higher-grade intervals. These intercepts are from holes drilled near existing underground development, which were completed t...Read More

The article posted below was written and sent to me from a reader of the website. The writer of the article is a shareholder of Doubleview Gold and wishes to share his views on the company and it's projects, namely the Hat project in the Golden Triangle area of BC. As shareholders of Doubleview Gold Corp we would like to share some info about a companythat we feel is a hidden gem and hasn't been d...Read More

Here are five Fastmarkets stories you might have missed on Monday June 1 that are worth another look.Mining company Rio Tinto has apologized for destroying one of Australia's oldest Aboriginal heritage sites in order to expand an iron ore project and said that it was urgently reviewing plans at other sites in the Juukan Gorge area.Aluminium producer Norsk Hydro and battery cell maker Northvolt hav...Read More