Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.What does tight oil have in common with Facebook, Apple, Amazon, Netflix and Alphabet's Google stocks (known as FAANG stocks)? Answer: tight oil is arguably the upstream equivalent of these tech sector leaders. It's the hot investment...Read More
RAPAPORT... The Antwerp World Diamond Centre (AWDC) will introduce a certification project for Guinea's artisanal miners that will identify their rough diamonds as conflict-free.The AWDC has based the program on the Maendeleo Diamond Standards (MDS) that Canadian trade organization Diamond Development Initiative (DDI) implemented among Sierra Leone's small-scale miners in April. AWDC worked w...Read More
RAPAPORT... Alrosa is allowing clients to defer up to 60% of their rough-diamond allocations at this month's contract sale, claiming the concession will help buyers handle the current market difficulties."Amid such market uncertainty, it wouldn't be right to keep our customers tied to their original contracts," Evgeny Agureev, the Russian miner's deputy CEO, said in a statement Thursday. "We...Read More
RAPAPORT... Firestone Diamonds' shareholders have approved its delisting from public trading, as it seeks to reduce costs amid weak market conditions.The company, which operates the Liqhobong mine in Lesotho, will remain on AIM - the London Stock Exchange's submarket for smaller companies - until close of business on March 25, and will officially delist the following day, it said last week. I...Read More
RAPAPORT... The Gemological Institute of America (GIA) has appointed Sriram Natarajan as managing director of its India lab, to succeed Nirupa Bhatt.Natarajan, who joined the GIA in 2017 as vice president of laboratory operations, will report to GIA India's board of directors. He will assume the position on June 15, once Bhatt transitions to her new role as a consultant on GIA's Diamond Origin Rep...Read More
RAPAPORT... Gemological Science International (GSI) has launched a new grading report for synthetic diamonds that states whether a stone has been through post-growth treatment, claiming to be the first major laboratory to offer this.The LGX Complete certificate will specify whether the stone was created using High Pressure-High Temperature (HPHT) or chemical vapor deposition (CVD), GSI said l...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.The coronavirus is casting a shadow across commodity markets. It has undermined China’s economic sentiment, putting the country's growth outlook at risk. The full scale and impact of the outbreak remain to be seen, but it is cer...Read More
RAPAPORT... All diamond trading halls in Belgium and Israel are closing until further notice as the countries attempt to stem the spread of the coronavirus.Antwerp's four bourses will shut their trading floors from Monday, the Antwerpsche Diamantkring, the city's rough-diamond exchange, said in an email to members Friday. The rough and polished trading halls of the Israel Diamond Exchange (ID...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.2020 will see lead transition into a market surplus after several years of significant deficit, according to Wood Mackenzie.Despite total exchange stocks of refined metal remaining near historical lows, softening demand has damaged se...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.India's renewables target of 175 GW capacity (100 GW of solar and 75 GW of wind) by 2022 is an ambitious endeavour. Even with significant cost declines, Wood Mackenzie expects about 76% of the target to be met by 2022 and this would s...Read More
(IDEX Online) - Diamond trading halls in Antwerp, Belgium, and Ramat Gan, Israel, have closed because of coronavirus restrictions.Trading halls at The Israel Diamond Exchange, with 15,000 employees, are subject to new rules announced on Saturday against gatherings of more than 10 people.Restaurants, the gym, and smoking rooms at the secure complex, known as The Bursa, will also close, although the...Read More
(IDEX Online) - The Royal Canadian Mint has produced the world's first diamond-shaped coin.It has a face value of CA$50, but is being sold to collectors for CA$1,499.95 in a limited edition of 700.The "coin" is made from 3oz of pure, matte-finished silver set with a 0.20-carat square-cut Forevermark Black Label diamond, mined at the Victor Mine, in Northern Ontario, before it closed in 2019.I...Read More
(IDEX Online) - A diamond merchant has been locked in an 11-year battle to recover uncut gems seized at a Canadian border post, according to the daily National Post newspaper.Tamba Thomas, from Australia, was found to have a plastic bag containing 28.13 carats of "forgotten" rough diamonds in his backpack as he crossed from the USA to Canada at Lacolle, Quebec, in November 2009.He had Kimberley pa...Read More
The world needs to limit global temperature increases to between 1.5 and 2 degrees Celsius by the end of this century to avoid devastating climate change, according to the Intergovernmental Panel on Climate Change, a United Nations body that provides policymakers with scientific information about climate change.Atmospheric concentrations of CO2 are now well over 400 parts per million and global em...Read More
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"#AustralianMines develops world-class #Cobalt-Nickel-Scandium Projects in Australia to meet the surging demand for ethically sourced #battery materials created by the global shift to cleaner, more #sustainable #energy solutions.Meet them at #MJSSydney on 23-24 March 2020!"Read full newsRead More
Gold prices have been rallying for a few months now. As a result, gold miner stocks have exhibited handsome movement. However, if you are worried about missing the rally, it’s still not too late. Contract drilling services company Major Drilling Group (TSX:MDI) has shown sustained weakness in the last few months. Interestingly, upbeat yellow metal prices could uplift this drilling services c...Read More
The three C’s we’re looking at today are copper, contrarians and crash. Is there a thesis for buying and holding the red metal during a stock market crash?Let’s explore the options for copper stocks as the bear market finally returns.Copper is a bellwether for the economyEffective today, the Bank of Canada just cut the interest rate for the second time this month. It wasn’t...Read More
The newly launched Prospector platform uses technology to increase access to information and capital for the mining industry.Its software-as-a-service (SaaS) platform utilizes artificial intelligence (AI) to streamline publicly available technical information.Founded by Emily King, a geologist and entrepreneur, Prospector is the result of a development partnership between her consultancy, Glo...Read More
"You're going to jail or you're going to die."These were the options facing John Dawson Jr. in 2012. He was a marijuana dealer, swamped in debt and wondering what to do with his life. He was down and out.In what seems like divine providence, he met a businessman in Iowa who told him those very words. But then the businessman gave him a third option..."Let's start you a business."John went with doo...Read More