RAPAPORT... A US judge has thrown out WD Lab Grown Diamonds' lawsuit against a rival synthetics brand that the company had accused of violating its patents.Judge Jed S. Rakoff ruled in favor of Fenix Diamonds earlier this month, concluding that WD had not provided evidence of any infringement. He granted Fenix's motion for summary judgement, meaning there will be no trial.The Carnegie Institu...Read More

RAPAPORT... Lucara Diamond Corp. has sold shares in the company for $30.9 million, granting it extra funding to maintain and develop the Karowe mine in Botswana.A syndicate of investors led by BMO Capital Markets has agreed to purchase 29.4 million common sharesfor CAD 22 million ($17.9 million), Lucara said last week. They implemented the transaction on a "bought-deal" basis, meaning they have bo...Read More

RAPAPORT... A ruby and diamond ring led the Bonhams Jewels and Jadeite sale in Hong Kong, which saw nine of the top 10 lots beat their high estimates.The Van Cleef & Arpels piece, which contained a 3.21-carat, pigeon's blood Burmese ruby surrounded by diamonds, sold for HKD 3.8 million ($483,480) at the June 20 auction. That total was well above its high valuation, Bonhams said last week. A ra...Read More

RAPAPORT... Baselworld will return primarily as a business-to-business platform targeting the mid-range luxury segment, with live events supplementing a digital platform, organizer MCH Group said.MCH will launch the digital platform this fall, and will premiere its live events with a popup in Geneva from August 30 to September 3. The main Basel 2022 show will take place from March 31 to April...Read More

RAPAPORT... Alrosa has resumed production at its Zarya open-pit mine in Yakutia after closing it for more than a year.The first ore from the site since its reopening has already gone to the processing plant, Alrosa said last week. The miner suspended operations at Zarya and the rest of its Aikhal division in May 2020 due to the heavy impact of the coronavirus pandemic on diamond demand.Zarya has s...Read More

(IDEX Online) - Alrosa has resumed production at its Zarya pipe, in Yakutia, eastern Russia, as the diamond market recovers.The mine, responsible for just 0.9 per cent of the group's total output, was put on care in maintenance in May 2020.  Alrosa said Zarya was among its lower margin mines due to the quality characteristics of its stones.The 300-meter deep open pit, developed at a cost...Read More

(IDEX Online) - Baselworld is back from the dead, with a five-day event planned for spring 2022.Organizers of the iconic Swiss trade show said they were dropping the name after an exodus of big-name exhibitors and a bitter refunds row over the Covid-enforced cancelations of its 2020 event.They even announced its new incarnation, a watch and jewelry event to be called HourUniverse, which was billed...Read More

(IDEX Online) - Child miners are using homing pigeons to smuggle diamonds from the mines where they work, claims a new book.They risk having their fingers broken, or worse, says US-based author Matthew Gavin Frank in Flight Of The Diamond Smugglers, a harrowing account of poverty and desperation on the west coast of Namibia and South Africa.He tells in great detail how a 13-year-old boy hides a pi...Read More

Canada is considered one of the world's premier mining jurisdictions thanks to its refined financial services industry, skilled workforce and robust regulatory environment. The Toronto Stock Exchange is the world's leading public platform for mining companies to raise the capital required to conduct their mineral exploration, mine development and mining operations. The following companies are the...Read More

TORONTO, June 22, 2021 /CNW/ - HARTE GOLD CORP. ('Harte Gold' or the 'Company') (TSX: HRT) (OTC: HRTFF) (Frankfurt: H4O) announced today its first...Read full newsRead More

The Canadian stock market has outperformed its American peers in a recovery rally so far this year. The S&P/TSX Composite Index is up 16% year to date (YTD), making it the best-performing broader market index in North America today ahead of Mexico’s S&P/BMV IPC index’s 14.7% and the United States’s S&P 500 and Dow Jones Industrial Average indices, which hit record hig...Read More

Gold is the shining yellow metal that has little utility than making jewelry. Yet it came to be recognized as a medium of exchange. Gold became the symbol of wealth across the globe. But now, its status is being challenged by the digital gold Bitcoin. The conundrum: Real or digital gold?The classic case of investing in the yellow metal is as a hedge against inflation. Paper currency is losing...Read More

Are you tired of investing in stocks that are always the “talk-of-the-day” and on everyone’s top pick, and you are looking for some under-the-radar stocks? If your answer is yes, then you need to understand that not all under-the-radar stocks are hidden gems that can make you rich without the rest of the market noticing.And the stocks that get a lot of attention also experience a...Read More

A year ago we were all waiting for the other shoe to drop. Covid cases were starting to swing up and we were heading into a tough summer.Nine months ago we hit a whole new level, now with an even bigger swing in cases in the works with a huge, steaming pile of political mayhem tossed on top.Three months ago, depending on the state, vaccines rolled out to all adults. We finally got to the point whe...Read More

Here are five Fastmarkets MB stories you might have missed on Monday June 28 that are worth another look....Read More

Treatment charges for lead concentrates have fallen to their lowest level for two years while terms for zinc concentrates have so far resisted further rises, Fastmarkets has heard.Fastmarkets' assessment of the lead spot concentrate TC, low silver, cif China, was $25-40 per tonne on Friday June 25, down from $40-55 per tonne a month previously.With prices high and demand for lead ingots said to be...Read More

Tin was the best performer on the London Metal Exchange during trading on Monday June 28, while the rest of the complex was mixed at the start of the new week with particularly low volumes for copper's three-month contract. Tin's three-month price increased by 1.2% to $31,152 per tonne on Monday at the close from Friday's $30,774 per tonne price. The metal rose to as much as $31,220 per tonne dur...Read More

Here are five Fastmarkets MB stories you might have missed on Monday June 28 that are worth another look....Read More

Treatment charges for lead concentrates have fallen to their lowest level for two years while terms for zinc concentrates have so far resisted further rises, Fastmarkets has heard.Fastmarkets' assessment of the lead spot concentrate TC, low silver, cif China, was $25-40 per tonne on Friday June 25, down from $40-55 per tonne a month previously.With prices high and demand for lead ingots said to be...Read More

The indexes were boosted by tech stocks as investors expect a robust earnings season while interest rates remain low, Reuters reported.The S&P 500 closed up 0.23% to 4,290.61 and the Nasdaq gained almost 1% to close at 14,500.51.The gold price is similar to yesterday, at US$1,776 an ounce on the spot market.Base metals were mixed in London."We have a big week ahead with important data releases...Read More