Bedrock gold discovery adds to Kingwest reignSPONSOREDkingwest resourcesMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDMetal Bank draws on experience as resource upgrades nearSPONSOREDmetal bank limitedChaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.Copper Mountain Mining will receive $170 million in cash on the closing of the transaction for the Australian...Read More
Orynchak said the country hosts a number of critical minerals including deposits of titanium, rare earth elements, lithium, graphite and cobalt.Read More
Bedrock gold discovery adds to Kingwest reignSPONSOREDkingwest resourcesMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDMetal Bank draws on experience as resource upgrades nearSPONSOREDmetal bank limitedChaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.Tiger Tasman is seeking between A$5.1 million and A$8.0 million in an initial public offer set to close on 17...Read More
News: Market sentiment cautious amid softening prices. 1 ct. RAPI -3.8% in Sep. and -9.7% during 3Q. Retail jewelers expecting steady holiday sales but being careful not to hold large inventories amid economic uncertainty. US in recession as GDP contracts for second consecutive quarter: -0.6% in 2Q. Rough market slow after De Beers sales +2% to $500M in Sep. Polished inventory high; diamonds...Read More
RAPAPORT... De Beers' rough-diamond sales were seasonally lower in September as Indian factories prepared for the Diwali shutdown, the miner reported Wednesday.Proceeds came to $500 million at the company's eighth sales cycle of the year, which included the sight that ran from September 19 to 23as well as auction revenues. The total was 2% higher than a year earlier but 22% lower than in Augu...Read More
RAPAPORT... Jewelers of America (JA) will present a posthumous honor to industry leader Steven Kaiser at its next GEM Awards.Kaiser, who died in May of this year, will receive JA's Award for Lifetime Achievement at the event at New York's Cipriani 42nd Street on March 17, 2023, the organization said Wednesday. He was president and CEO for the US at the Kennedy watch group and chaired the Jewe...Read More
RAPAPORT... The diamond industry is facing contrasting trends at the start of the important fourth quarter. US jewelers are optimistic for the holiday season, but the trade is staying cautious amid the economic slowdown. In this episode of the Rapaport Diamond Podcast, Rapaport Senior Analyst Avi Krawitz and News Editor Joshua Freedman discuss the slump in diamond trading, acknowledging the impact...Read More
RAPAPORT PRESS RELEASE, October 6, 2022, Las Vegas... Polished trading was slower than usual in September as US economic uncertainty and the slowdown in China affected sentiment. Dealers were cautious as polished prices continued to slide.The RapNet Diamond Index (RAPI?,,?) for 1-carat diamonds fell 3.8% in September. Having declined 9.7% in the third quarter, it was down 3% from the beginning of...Read More
RAPAPORT... A richly colored diamond initially suspected to be treated soared past expectations at Heritage Auctions last week, fetching $1.8 million and setting a record for the Texas-based company.The round brilliant, 1.21-carat, fancy-orangy-red, I2-clarity stone went for 12 times its presale high estimate of $150,000, Heritage reported last week following the Thursday auction. Before the...Read More
(IDEX Online) - De Beers today said it sold $500m (provisional) of rough at Cycle 8, down over a fifth on the previous Cycle, but broadly in line with the same period last year ($492m).At the end of August UK-based miner announced sales (revised) of $638m, up more than a fifth on both the previous Cycle this year and on the same Sight last year.De Beers predicted a drop in a rough demand at the ti...Read More
(IDEX Online) - A European ban on Russian diamonds could cost 10,000 Belgian jobs, says the Antwerp World Diamond Centre (AWDC).Tom Neys, spokesman for the AWDC, told EUobserver the center was against an EU ban because Russia would welcome the opportunity to sell its diamonds in Dubai or India instead.He said Russia could switch export venues overnight and never return to Europe.Belgium's pri...Read More
(IDEX Online) - The growth in sales of US jewelry and watches hit a two-year low in August, at just 3.7 per cent. That's according to the Department of Commerce, but it will likely be revised next month. The July figure, originally reported as 10.2 per cent - a significant rise on 5.3 per cent in June - has now been revised down to 5.9 per cent, based on actual through-the-till tra...Read More
Chaarat makes headway at KyzyltashSPONSOREDchaarat gold holdings ltd.Bedrock gold discovery adds to Kingwest reignSPONSOREDkingwest resourcesMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDMetal Bank draws on experience as resource upgrades nearSPONSOREDmetal bank limitedBritish broadsheet the Financial Times quoted unnamed sources as saying that Vale is in discussions to sell a...Read More
(Corrects Oct 5 story to show Glencore sold to Zambia's statemining investment firm ZCCM-IH, not to the state) JOHANNESBURG, Oct 5 (Reuters) - Sibanye-Stillwater has expressed an interest in Zambia's Mopani CopperMines, the mine and smelter complex looking for new investorsafter Glencore sold the asset to state mining investment companyZCCM-IH in January last year, CEO Neal Froneman said onWednes...Read More
U.S. equity index futures were lower this morning. S&P 500 futures at 7:30 AM EDT were down 18 points.Costco added $2.28 to $482.60 after announcing a sales gain in September of 10.1%.Ford gained $0.04 to $12.55 after announcing an increase in the price of its electric F150 pickup truck.Companies scheduled to report quarterly results today include Constellation Brands and ConAgra EquityCl...Read More
Dear Outsider,When I hung my hat on the docks, I had a lot of time to myself.As my boat rocked back and forth in a little inlet on the Chesapeake Bay, I fell asleep most nights with my face buried in a good book.The last book I read on the boat was James A. Michener's epic Chesapeake.Sometimes a book can put your whole life into perspective or just give you important context that you wouldn't have...Read More
Share this article VANCOUVER - Jervois Mining Ltd. [JRV-TSXV, ASX, JRVMF-OTC, IHS-FRA] said it will officially open it its 100%-owned Idaho cobalt operations (ICO) today on a mine site near Salmon, Idaho.Once fully commissioned, ICO will be the only primary cobalt mine in the United States. As a result, ICO's opening represents a significant milestone for the secure supply of this critical minera...Read More
Does OPEC own you?Most of you may not realize it, but it does.Before the uproar of disagreement bursts forth, however, I want you to keep in mind that this didn't happen overnight. The 13-member global oil cartel didn't take control all of a sudden. It's been this way for years - you just didn't realize it. Let me show you what I'm talking about.I know it may not seem like we are heavily indebte...Read More
Doug Casey's Take, Released on 10/7/22 Join our email list to get Special reports and updates: https://dougcasey.substack.com/aboutConnect with us on Telegram: https://t.me/dougcaseyDoug Casey is an American-born libertarian economist and advocate of the free market. He is a bestselling financial author, international investor, entrepreneur, and the founder and chairman of Casey Research, a provid...Read More
Wall Street Silver, Released on 10/7/22Doomberg returns to the show to discuss the latest news in regard to the Nord Stream pipelines. Furthermore, we talk about the Energy crisis in Europe, Putin's stance, and more.Doomberg is the anonymous publishing arm of a bespoke consulting firm providing advisory services to family offices and c-suite executives. Its principals apply their decades of experi...Read More