RAPAPORT... The Watch & Jewellery Initiative 2030 (WJI) has admitted nine new members as it expands its work to ensure sustainability in the industry.Watchmakers A. Lange & S??hne, IWC Schaffhausen, Jaeger-LeCoultre, Panerai, and Piaget have joined the program, as have jewelers Mattioli, Rubel & M?(C)nasch?(C) and Pandora as well as diamond supplier Dimexon, the organization said Tuesd...Read More
(IDEX Online ) - A jeweler in Texas, USA, has been jailed after he failed to deliver $3.9m of pre-paid Rolex watches to a customer.Santiago Mora, 40, was sentenced to 27 months in prison after pleading guilty at an earlier hearing to committing wire fraud.In an effort to pay the customer and others, Mora obtained a total $500,000 in merchant cash advances via wire transfer by impersonating and usi...Read More
(IDEX Online) - Britain's three biggest jewelry chains will all close their stores on Monday to mark the funeral of Queen Elizabeth.Beaverbrooks, Signet UK (H Samuel and Ernest Jones), and the Watches of Switzerland Group (Goldsmiths, Mappin & Webb and Watches of Switzerland) have more than 500 stores between them.Many smaller multiples and independent retailers will also remain closed fo...Read More
(IDEX Online) - Beyonce is starring in Tiffany & Co's latest campaign, Lose Yourself in Love, which the jeweler describes as an exploration of "fearless creativity."The American singer, songwriter, producer, and actress has been promoting the brand, together with husband Jay-Z, since April 2021. In the new campaign she models Tiffany Lock - the new, gender-neutral diamond bracelet -...Read More
North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDThe charter aims to reduce the standard project permitting timeline with the ultimate aim of having the benefits of the mine development accruing to all parties sooner rather than later.Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 7 points in pre-opening trade.Index futures were virtually unchanged following release of the U.S. August Producer Price Index at 8:30 AM EDT. Consensus was a decrease of 0.1% versus a decline of 0.5% in July. Actual was a decrease of 0.1%. On a year-over-year basis, consensus for August PPI was an increase of 8.9% ver...Read More
"U.S. Consumer Prices Blow Away Expectations, Rise For 27th Straight Month"… "The Hottest U.S. Inflation in 40 Years Shows Little Sign of Cooling Off"… “Stocks Tank After August Inflation Data"…There is but a sample of today's fevered headlines.The August Consumer Price Index (CPI) came issuing this morning. It revealed that consumer prices increased 0.1% since July.We migh...Read More
U.S. Gold Corp. submitted its Permit to Mine Application and Reclamation Plan to the Wyoming Department of Environmental Quality, starting the formal steps for project review by Wyoming State Authorities CHEYENNE, Wyo., Sept. 14, 2022 /PRNewswire/ -- U.S. Gold Corp. ("U.S. Gold," the "Company," "we," "our" or "us") (NASDAQ: USAU) a gold exploration and development company, today reported that it...Read More
As the energy revolution gathers momentum, so too intensifies the pressure from the investment community on miners to create net-zero emissions operations that produce sustainable upstream products feeding the new green economy, a panel heard during the Precious Metals Summit in Beaver Creek, Colo.According to Jamie Keech, executive chairman of Vida Carbon Corp., a pool of about US$39 trillion of...Read More
Quebec, more than any other province in Canada, has been ahead of the curve in working to join the EV economy. Its vast hydroelectricity infrastructure gives it an advantage in clean, low-carbon energy that is essential to "green" manufacturing, and it has supported the nascent battery industry with significant public investment. It was also the first to outline plans for critical minerals explora...Read More
AngloGold Ashanti (NYSE: AU; ASX: AGG; JSE: ANG) has earmarked US$143 million to finish migrating its upstream mine waste storage facilities in Brazil, where two major tailings tragedies occurred in recent year, to dry-stack operations.The South African miner is investing close to US$42 per oz. on transforming its tailings dams built using the upstream method to comply with the country's new legal...Read More
NorZinc (TSX: NZC; OTC: NORZF) has initiated a feasibility study level metallurgical test program on its Prairie Creek project located in the Dehcho region of the Northwest Territories. The program will be conducted by SGS Canada, a leading technical services provider, with the objective of finalizing milling parameters and performance characteristics for the first three to five years of planned...Read More
A court in Burkina Faso has found two managers of Canada's Trevali Mining (TSX: TV; US-OTC: TREVF) guilty of involuntary manslaughter after a flash flood trapped and killed eight miners in April at the company's Perkoa zinc operation in the west African country.The managers, arrested in late August, received different sentences, according to local news agencies.Hein Frey, the mine's general manag...Read More
If Osisko Mining's (TSX: OSK) two Lynx bulk sample programs to date are anything to go by, the market should expect substantial resource reconciliation upside once mining gets started in just over two years, says company president Mathieu Savard.Savard told the Precious Metals Summit currently underway in Beaver Creek, Colo., that the company is on track to release the results of the third bulk sa...Read More
Minto Metals (TSXV: MNTO) has submitted a proposal to the Yukon government with respect to furnishing the $21 million increase in security costs required for the Minto mine site through a "progressive approach." The Yukon government and Selkirk First Nation, on whose territory the mine is located, are currently reviewing the proposal for its adequacy in addressing the security gap.In January 2022,...Read More
Petra Diamonds (LSE: PDL) said on Tuesday it would resume paying a dividend and launch a US$150-million debt-cutting plan after stronger prices fuelled by sanctions on Russia's Alrosa, the world's top diamond miner by output, boosted its full-year profit.The South African diamond producer posted a 219% increase in adjusted basic earnings a share to US42.9 ? for the 12 months ended June.Revenue rea...Read More
Flying Nickel Mining's (TSXV: FLYN; US-OTC: FLYNF) flagship Minago project in Manitoba is expected to have an industry-leading low carbon footprint, lower than 99% of existing global nickel production, according to a study by Skarn Associates, a metals and mining ESG research company.When in operation, the Minago project is expected to produce 0.99 tonne of carbon dioxide (CO2) per tonne of nickel...Read More
This week's episode features Ore Group founder and chairman Stephen Stewart on where things stand for the mining industry in the second half of 2022. Stephen discusses Canada's opportunity in the context of global geopolitical events, as well as the need to reform Canada's mining regulatory bodies. He also shares his favourite commodities.All this and more with host Adrian Pocobelli."Rattlesnake R...Read More
In January, Chifeng Jilong Gold Mining Co. acquired Canada's Golden Star Resources and its Wassa gold mine in Ghana. Now the Chinese gold miner is investing A$49.3 million (US$33.9 million) for an 8% stake in West Africa-focused Tietto Minerals (ASX: TIE). Tietto is developing its Abujar gold project in western Cote d'Ivoire and says it's on track to deliver first gold in the fourth quarter of th...Read More
Equinox Gold (TSX: EQX; NYSE-AM: EQX) has resumed operations at its Los Filos mine in Mexico, which were halted last week as the result of a blockade by members of the nearby Mezcala community.The company said that following an initial meeting with local leaders, obstructions to supply and transport to and from the mine ended. Operations resumed on Sept. 10.The Vancouver-based miner noted it would...Read More