RAPAPORT... The Responsible Jewellery Council (RJC) has elected World Diamond Council (WDC) president Edward Asscher as one of the new representatives to its board.Asscher will represent the trade association forum on the RJC's board of directors, the industry standards organization said last week. His appointment was announced along with several others at the RJC's annual general meeting (AGM) on...Read More
The minister said the government is seeking to resolve certain issues around consultations in order to be able to receive concession applications again as it seeks to develop a robust mining sector.Read More
RAPAPORT PRESS RELEASE, June 7, 2022, Las Vegas... Diamond trading was stable in May despite concerns about inflation, rising interest rates and slumping stock markets. Polished prices initially declined but later steadied as dealers anticipated supply shortages resulting from Russian sanctions.The RapNet Diamond Index (RAPI?,,?) for 1-carat diamonds slid 0.5% in May but was 9.3% higher on June 1...Read More
Laboratory-grown diamonds are increasingly available in greater quantities, higher quality and new colors at price points that many find attractive. It is no wonder, then, that laboratory-grown diamonds are a growing presence in the marketplace. Laboratory-grown diamonds are appealing options for consumers looking for affordable, attractive alternatives to natural diamonds. They make it easier for...Read More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixChinese Strategic AllianceSPONSOREDxanadu minesCopper Fox is brim-full of potentialSPONSOREDcopper fox metalsOrford eyes massive nickel sulphides at West RaglanSPONSOREDorford miningSky-high prices for oil and gas, caused in part by sanctions on Russia for its war in Ukraine, have forced electricity-producing utilities to return to coa...Read More
(IDEX Online) - De Beers has reportedly raised the price of smaller goods, which have been in scarce supply since sanctions against Russian miner Alrosa began to bite.Sources have told Bloomberg News that prices are up by five to seven per cent at Sight 5, which opened yesterday in Gaborone, Botswana.Alrosa normally supplies a large proportion of rough cluster diamonds below 0.30-cts used by manuf...Read More
(IDEX Online) - GIA today said all its reports will be digital-only by 2025, saving 20 tons of paper and 18.5 tons of plastic a year.The Gemological Institute of America will launch a digital version of its Diamond Dossier in January 2023.New AI technology will capture the diamond's inscription image and securely link to its unique GIA report in the cloud.Susan Jacques, president and CEO of G...Read More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixChinese Strategic AllianceSPONSOREDxanadu minesCopper Fox is brim-full of potentialSPONSOREDcopper fox metalsOrford eyes massive nickel sulphides at West RaglanSPONSOREDorford miningSupply chain logistics, once the preserve of specialised business consultants, has become an everyday conversation topic and a political hot potato for US...Read More
(IDEX Online) - The wife of fugitive diamantaire Mehul Choksi has been charged with money laundering offences.Priti Kothari was "hand in glove" with her husband - who has been accused of a $1.8bn Punjab National Bank (PNB) fraud - according to a supplementary charge sheet issued by India's Enforcement Directorate (ED).It describes her as an "active participant and abettor" and and says she wa...Read More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixChinese Strategic AllianceSPONSOREDxanadu minesCopper Fox is brim-full of potentialSPONSOREDcopper fox metalsOrford eyes massive nickel sulphides at West RaglanSPONSOREDorford miningEcuador's government is working on mechanisms to structure environmental consultation processes to comply with rulings by the Constitutional Court for envi...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 36 points in pre-opening trade.Target Stores dropped $12.78 to $146.89 after the company cut its profit estimate for the second quarter. JM Smucker fell $3.76 to $119.50 after lowering its fiscal first quarter guidance. McKesson added $2.41 to $320.20 after Deutsche Bank upgraded its rating from Hold to Buy.Amerisourc...Read More
The world has changed radically in recent years. We've had the worst pandemic since 1918, and the third worst in world history. We've had a global supply chain breakdown. Inflation is the worst since the early 1980s. Europe is experiencing its worst war since the end of World War II.That kinetic war in Ukraine is accompanied by a financial and economic war between the U.S., the U.K., the EU and Ru...Read More
The results of EY's Top 10 Business Risks survey are in play as the industry considers a supply response to the wall of metal demand the energy revolution is generating, Americas and Canada sector leader for mining and metals, Theo Yameogo, tells The Northern Miner.The energy transition demands unprecedented volumes of minerals and metals, with some analysts noting US$1 trillion of investment is r...Read More
China, the world's biggest producer of magnet rare earth oxides could stop exporting the group of minerals within the next decade due to increasing domestic demand and a shortage in global supply, said Ryan Castilloux, founder of the independent research group, Adamas Intelligence. The global demand for rare earths, which are employed in a range of applications including permanent magnets used...Read More
Skeena Resources (TSX: SKE; NYSE: SKE) is welcoming the historic consent-based decision-making agreement reached earlier between the province of British Columbia and the Tahltan Central Government, the political arm of the Tahltan Nation.Through this agreement, Skeena's proposed Eskay Creek gold-silver project, which is located in Tahltan territory, will be the first mining project to have permits...Read More
This week's episode features Yukon premier Sandy Silver in discussion with Northern Miner editor-in-chief Alisha Hiyate at the Global Mining Symposium. Premier Silver explained how the Yukon can play a vital role in providing the West with critical materials, and gave updates on recent investments in infrastructure and progress with local First Nations governments. He also mentioned the increasing...Read More
Yancoal Australia (ASX: YAL) rejected on Tuesday a US$1.8-billion takeover bid from its largest shareholder, saying that both the value and the proposed structure of the deal were not in the best interests of its minority shareholders.China's Yankuang Energy Group made an offer in late May to acquire the 37.7% it does not already own in Australia's largest listed coal miner at a 16% discount to th...Read More
Over the May 30 to June 3 trading week, the S&P/TSX Venture Composite Index fell 4.08 points or 0.6% to end at 720.11.Shares in Los Andes Copper gained $1.20 to $16.20 during the trading week. Los Andes has announced that it will issue 3,260 ordinary shares in the company at a deemed price of US$11.50 (C$14.77) as payment for US$37,490 (C$48,161) in interest owing on a US$5 million 8% convertible...Read More
Element 29 Resources (TSXV: ECU; US-OTC: EMTRF) is a Canadian explorer focused on advancing its 100%-owned Flor de Cobre and Elida copper properties in Peru.The projects are located in one of the world's premier copper-producing jurisdictions with the second-lowest costs for copper production globally and the lowest cost of exploration in South America.Flor de Cobre and Elida "are two high-qualit...Read More
Graycliff Exploration Limited (theRead full newsRead More