The Washington Post (via MSN), Released on 6/8/22"When they are extracted, they will be in a museum of shipwrecked species, which will be a source of pride for Colombia, the Caribbean and the world."Continue... Two shipwrecks found holding billions in sunken treasure in Caribbean added by Herman James on 06/09/2022View all posts by Herman James ?+'Read More
This company is getting drills turning and renewing its search for rare earth elements in Canada, hoping to reduce the West's dependence on resources from China.Defense Metals Corp. (DEFN:TSX.V; DFMTF:OTCQB; 35D:FSE) announced that it has started another 5,000-meter diamond drilling campaign at its Wicheeda rare earth element (REE) deposit in British Columbia.The company hopes to produce as much...Read More
New findings bode well for Troilus Gold Corp.'s imminent mineral resource estimate and subsequent prefeasibility study.Troilus Gold Corp. (TLG:TSX; CHXMF:OTC; CM5R:FRA) announced additional positive infill and expansion drill results from the Troilus project's Southwest zone, reported Sprott Equity Research analyst Brock Salier in a May 4 research note.The results are from 21 diamond drill holes,...Read More
One drillhole returned the longest, high-grade intercept to date at the Fiji project, 20.86 grams per ton gold over 75.9 meters, a "potential game changer" in Lion One's development.Lion One Metals Ltd. (LIO:TSX.V; LOMLF:OTCQX; LLO:ASX; LY1:FSE) discovered a major high-grade gold, deep feeder structure at its Tuvatu project, which is "a potential game changer," reported Eight Capital analyst Akin...Read More
Emerita Resources Corp. has an ambitious goal of completing 70,000 meters using six rigs at their Spanish project, and recent electromagnetic surveys indicate even greater potential than originally thought.Emerita Resources Corp. (EMO:TSX.V; EMOTF:OTCMKTS; LLJ:FSE) plans an extensive drill program at its Romanera project this year as part of its shift away from concentrating on Infanta, reported R...Read More
When things get tough in the silver market, it's time to...by Rafi Farber via Arcadia EconomicsComex registered silver stocks have fallen to a 4 year low, dropping 7.5 million ounces just this week and breaking post Covid era inventory levels for the first time.Also, find out why the housing market and the last vestiges of the dollar's purchasing power are linked.Finally, when things get tough...Read More
Drilling at the newly discovered Tesla zone encountered 200 metres of continuous massive and disseminated sulphides and assays received to-date highlight significant copper-zinc-gold mineralization,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 miningThe move by the MFA follows legal action taken by US hedge fund Elliott Management and Jane Street in taking legal action at the English High Court against...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 miningThe additional share purchase will bring total shareholder payments to around $4 billion this year under its existing normal course issuer bid.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 mining The newly elected Australian government says the country relies too heavily on China as a market. In its place, the freshly minted ministers want...Read More
News: Las Vegas shows open amid hopes they will boost sentiment for 2H. US demand steady. China improving. Concerns about pending shortages continue as supply splits between Russian and non-Russian goods. Cutters finding ways to buy Alrosa rough to serve centers open to Russian-origin polished. De Beers raises prices of small rough amid strong demand, scarcities, and high premiums on secondary ma...Read More
RAPAPORT... Shares in Signet Jewelers soared nearly 9% in early trading Thursday as the company's revenue edged out analysts' forecast and its full-year guidance surpassed expectations.Revenue rose 9% to $1.84 billion in the 13 weeks that ended April 30, as the retailer sold a larger proportion of high-value goods and introduced several new offerings, Signet reported Thursday. That figure is sligh...Read More
RAPAPORT... The Gemological Institute of America (GIA) will shutter its Antwerp laboratory on July 31 in response to dwindling demand, the organization confirmed to Rapaport News.It informed clients of the closure earlier this week, a GIA spokesperson said Wednesday. Customers will still be able to send submissions to other GIA laboratories using Malca-Amit's shipping services, he added."This...Read More
RAPAPORT... A diamond weighing more than 100 carats smashed its high estimate at Christie's New York Wednesday, raking in $20 million.The emerald-cut, 103.49-carat, D-flawless, type IIa Light of Africa was the star of the Magnificent Jewels auction, surpassing its $18 million presale upper price tag. The stone is the fifth most-valuable colorless diamond Christie's has ever offered, it said Thursd...Read More
RAPAPORT... De Beers raised prices of smaller rough diamonds at its June sight in response to a strengthening market for that category.The increase was around 8% to 10% across all goods under 0.75 carats, market insiders said Wednesday. "They held back [adjusting prices] for two sights, being responsible and not wanting to jump on speculation after the Russian invasion," a source explained. "...Read More
(IDEX Online) - This year could prove to be a tipping point for lab growns, say IDEX Online's expert analysts in their new 2021 Pipeline report.The industry enjoyed a "dream year", but the mined sector lost a potential revenue of $20bn to lab growns, they say.Sanctions on Russian rough - around 30 per cent of global supply - could now force high-end jewelers to start using lab growns in their...Read More
(IDEX Online) - Chow Tai Fook today reported a 41 per cent increase in revenue, despite ongoing Covid lockdowns and their impact on sales.China's biggest jewelry retailer said earnings for the year to 31March 2022 were HK$98.9bn (US$12.6bn) and gross profit was up by 11.3 per cent to HK$22.3 (US$2.8bn).Despite "the lingering effects of the pandemic and global economic uncertainties," the reta...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 miningAs part of the company's support for the transition to a more sustainable world, Vale plans to acquire minority stakes in startups focused on decarbonisati...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 22 points at 7:30 AM EDT The European Central Bank is scheduled to update its monetary policy this morning at 7:45 AM EDT. It is expected to end its simulating monetary policy.Tesla advanced $26.25 to $751.82 after UBS upgraded the stock to Buy.Target gained $1.64 to $158.34 after the company announced a 20% increase i...Read More
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has announced a US$10-million investment in Nano One Materials (TSX: NANO), a technology company with a patented process for production of cathode materials used in lithium ion batteries. Under the agreement, Nano One will issue 4.6 million common shares or about 4.9% of the company's issued and outstanding shares to Rio Tinto for its investment. The d...Read More