RAPAPORT... Graff paid $7.5 million in bitcoin to a Russian ransomware firm to stop the publication of client data, according to a lawsuit the jeweler filed against its insurer.The UK-based company suffered a cyberattack last year, when Conti encrypted and stole personal information from the luxury brand.Details of the incident became public after Graff sued Travelers, its insurance prov...Read More
RAPAPORT... US jewelry sales rose in June amid a surge in discretionary spending and a return to travel, according to Mastercard SpendingPulse.Revenue for the category jumped 16% year on year during the month, Mastercard reported last week. Many consumers are refreshing their wardrobes as they return to the social scene and make vacation plans. Jewelry purchases soared 87% compared to the same per...Read More
RAPAPORT... Hong Kong-based colored-diamond specialist Kunming Diamonds has recruited Rahul Jauhari as its director of sales and marketing, the company said Thursday.Jauhari was previously senior vice president for global sales and marketing at Indian diamond manufacturer Star Rays. Before that, he served as HRD Antwerp's commercial director for India.Kunming, founded in the 1980s, is an auth...Read More
(IDEX Online) - The iconic London jeweler Graff is reported to have paid a $7.5m ransom to Russian hackers who stole confidential data about tens of thousands of super-wealthy clients last October.The payment, made in Bitcoin, came to light after Graff launched a legal action against insurers for refusing to cover the loss, according to a Bloomberg report. The Russian cyber-criminal ransomwar...Read More
(IDEX Online) - Two men and a woman have been charged with a series of robberies on staff at jewelry stores across South Florida, USA, that netted merchandise worth millions of dollars. They are accused of conspiring to commit Hobbs Act robbery - taking property by means of actual or threatened force - in Miami Beach, Boca Raton, Lake Worth, Boynton Beach and Fort Pierce.The US Justice...Read More
US experts in a former gold mine in South Dakota have begun hunting evidence of dark matter, which is believed to make up 95% of our universe's mass.Read full newsRead More
Harmony Gold Mining Company Limited (NYSE:HMY) price on Friday, July 08, rose 3.69% above its previous day's close as an upside momentum from buyers pushed the stock's value to $3.37. A look at the stock's price movement, the level at last check in today's session was $3.25, moving withiRead full newsRead More
(All dollar amounts are United States dollars unless otherwise stated)Read full newsRead More
US experts in a former gold mine in South Dakota have begun hunting evidence of dark matter, which is believed to make up 95% of our universe's mass.Read full newsRead More
Reed's Inc. (NASDAQ:REED) price on Friday, July 08, rose 3.23% above its previous day's close as an upside momentum from buyers pushed the stock's value to $0.17. A look at the stock's price movement, the close in the last trading session was $0.16, moving within a range at $0.1621 and $Read full newsRead More
(All dollar amounts are United States dollars unless otherwise stated)Read full newsRead More
Gold prices are inversely related to the U.S. dollar. Therefore, a strengthening dollar has recently led to a decline in gold prices. While declining gold prices affect gold mining stocks,...Read full newsRead More
Construction is ahead of schedule on the wind farm, which the company says will be the largest in Montana.Read full newsRead More
Reed's Inc. (NASDAQ:REED) price on Friday, July 08, rose 3.23% above its previous day's close as an upside momentum from buyers pushed the stock's value to $0.17. A look at the stock's price movement, the close in the last trading session was $0.16, moving within a range at $0.1621 and $Read full newsRead More
(All dollar amounts are United States dollars unless otherwise stated)Read full newsRead More
Gold prices are inversely related to the U.S. dollar. Therefore, a strengthening dollar has recently led to a decline in gold prices. While declining gold prices affect gold mining stocks,...Read full newsRead More
Construction is ahead of schedule on the wind farm, which the company says will be the largest in Montana.Read full newsRead More
Calgary, Alberta - Pine Cliff Energy Ltd. (TSX: PNE) (Read full newsRead More
Jerome Powell is a serial killer. Like Michael Myers or Jason Voorhees, he won't stop until every segment of the American economy is bloodied or buried.His latest victim?The American consumer.Indeed, U.S. consumer spending and retail sales are collapsing just like I said they would back in the spring. The government stimulus and the excess capital that helped drive the post-COVID spending reboun...Read More
Share this article TORONTO - Royal Gold Inc. [RGLD-NASDAQ] has agreed to acquire Great Bear Royalties Corp. [GBRR-TSXV] in a $200 million all-cash transaction.Great Bear Royalties Corp is a precious metals royalty and streaming company. Its principal asset is a 2% net smelter royalty on Kinross Gold Corp.'s (K-TSX, KGC-NYSE) Great Bear project, which is located in the Red Lake Mining District of...Read More