RAPAPORT... The US has blocked assets belonging to Alrosa in the government's latest action against the Russian miner. The Office of Foreign Assets Control (OFAC) has "designated" the company in an effort to cut off funding for Russia's war in Ukraine, the US Department of the Treasury announced Thursday. This means Alrosa has joined a list of companies with which business is prohibited."Thes...Read More
RAPAPORT... A pink diamond ring weighing 5.11 carats is one of the top lots Sotheby's will auction at its Hong Kong sale later this month.The radiant-cut, fancy-vivid-purplish-pink diamond ring by designer Nicolas Lieou is expected to fetch between $10.2 million and $12.8 million at the April 29 Magnificent Jewels sale, Sotheby's said last week.A necklace featuring a pepper-shaped jadeite suspende...Read More
(IDEX Online) - Demand for used Rolex and other high-end watches is "absolutely off the scale," with some prices almost doubling in a year.Experts say the pandemic and its travel restrictions have directed luxury spend away from vacations, and towards pricey timepieces.Pre-owned gold Rolex Cosmograph Daytonas (pictured) that were selling for $52,000 a year ago can now fetch $96,000.A used Rolex Mi...Read More
RAPAPORT... Israel's diamond trade saw robust figures in the first quarter as the industry's recovery continued, though the Russia crisis has raised questions about how long the trend will last.Polished exports - after returns of unsold items - soared 58% year on year to $1.31 billion for the three months, the country's Ministry of Economy and Industry reported last week. Polished imports inc...Read More
(IDEX Online) - Gemfields announced an all-time record from at its latest auction, with the sale of emeralds worth $42.3m.The London-based miner said it sold all of the 4.52m carats offered from the Kagem mine in Zambia, in which it holds a 75 per cent stake, at a record price of $9.37 per carat.The sale of rough emeralds was held in Jaipur, India from 15 March to 1 April 2022."Our most recent auc...Read More
To the Editor: Modern open pit gold mining of low grade ore is one of the most polluting mining activities there is. Recent studies have documented that more than 70 to 90% of major gold mines that are near underground or surface water cause contamination of that water. Many open pit gold mines excavate 8 [...]Read full newsRead More
Environmental groups are renewing efforts to stop exploratory drilling by a Canadian mining company hoping to build a gold mine in Idaho west of Yellowstone National Park.Read full newsRead More
WHITEHORSE, Yukon, April 07, 2022 (GLOBE NEWSWIRE) -- Victoria Gold Corp. (TSX-VGCX) ("Victoria" or the "Company") produced 24,358 ounces of gold during the first quarter of 2022. Mr. John McConnell, President and CEO commented, "During the first quarter, we successfully completed a six-week winter maintenance program and resumed stacking ore on the heap leach pad. As we head into spring, stacking...Read More
Pure Gold Mining Inc. (LON:PUR - Get Rating)'s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 45.30 ($0.59) and traded as low as GBX 20 ($0.26). Pure Gold Mining shares last traded at GBX 20.75 ($0.27), with a volume of 784,791 [...]Read full newsRead More
Harmony Gold Mining Company Limited (NYSE:HMY - Get Rating)'s share price traded up 1.5% on Wednesday . The company traded as high as $4.74 and last traded at $4.74. 52,859 shares were traded during trading, a decline of 99% from the average session volume of 8,999,868 shares. The stock had previously closed at $4.67. A [...]Read full newsRead More
Meridian Mining UK S (TSX: MNO), (Frankfurt/Tradegate: 2MM) (OTCQB: MRRDF), (Read full newsRead More
Refusal by charity to accept Anglo donation underscores the industry's image problem. But it's doubtful anyone who wants to halt all mining tomorrow also aspires to live in a cave.Read full newsRead More
To the Editor: Modern open pit gold mining of low grade ore is one of the most polluting mining activities there is. Recent studies have documented that more than 70 to 90% of major gold mines that are near underground or surface water cause contamination of that water. Many open pit gold mines excavate 8 [...]Read full newsRead More
Environmental groups are renewing efforts to stop exploratory drilling by a Canadian mining company hoping to build a gold mine in Idaho west of Yellowstone National Park.Read full newsRead More
WHITEHORSE, Yukon, April 07, 2022 (GLOBE NEWSWIRE) -- Victoria Gold Corp. (TSX-VGCX) ("Victoria" or the "Company") produced 24,358 ounces of gold during the first quarter of 2022. Mr. John McConnell, President and CEO commented, "During the first quarter, we successfully completed a six-week winter maintenance program and resumed stacking ore on the heap leach pad. As we head into spring, stacking...Read More
Harmony Gold Mining Company Limited (NYSE:HMY - Get Rating)'s share price traded up 1.5% on Wednesday . The company traded as high as $4.74 and last traded at $4.74. 52,859 shares were traded during trading, a decline of 99% from the average session volume of 8,999,868 shares. The stock had previously closed at $4.67. A [...]Read full newsRead More
Several of the tribes, along with environmental groups and others, say the mine would wreck their land, resources and culture, depleting or poisoning water supplies, destroying sacred sites, degrading wildlife habitat and leaving behind hazardous waste.Read full newsRead More
WHITEHORSE, Yukon, April 07, 2022 (GLOBE NEWSWIRE) -- Victoria Gold Corp. (TSX-VGCX) ("Victoria" or the "Company") produced 24,358 ounces of gold during the first quarter of 2022. Mr. John McConnell, President and CEO commented, "During the first quarter, we successfully completed a six-week winter maintenance program and resumed stacking ore on the heap leach pad. As we head into spring, stacking...Read More
Pure Gold Mining Inc. (LON:PUR - Get Rating)'s stock price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 45.30 ($0.59) and traded as low as GBX 20 ($0.26). Pure Gold Mining shares last traded at GBX 20.75 ($0.27), with a volume of 784,791 [...]Read full newsRead More
Harmony Gold Mining Company Limited (NYSE:HMY - Get Rating)'s share price traded up 1.5% on Wednesday . The company traded as high as $4.74 and last traded at $4.74. 52,859 shares were traded during trading, a decline of 99% from the average session volume of 8,999,868 shares. The stock had previously closed at $4.67. A [...]Read full newsRead More