Here are five Fastmarkets MB stories you might have missed on Friday February 1 that are worth another look.Courts in Brazil have ruled that up to 12.6 billion Reais ($3.44 billion) of Vale's assets and resources will be frozen after the rupture of a tailings dam at Vale's C??rrego do Feij??o iron ore mine, the miner stated on Friday February 1. Market participants will take a cautious stance...Read More
RAPAPORT... A man allegedly stole a briefcase of diamonds worth tens ofthousands of dollars from the Israel Diamond Exchange (IDE) last week.The theft took place on Monday at InternationalDiamond Week in Israel (IDWI), which ran for three days on the trading floor ofthe Ramat Gan bourse. A man in a sharp suit calmly snatched the case from under anexhibitor's table, before walking away, according t...Read More
RAPAPORT... Revenue and profit at Titan Company rose in the third fiscalquarter, driven by the introduction of new jewelry lines in time for the festivalseason. Consolidated sales - including subsidiaries - jumped 35% yearon year to INR 59.34 billion ($830.4 million) in the three months endingDecember 31, while profit climbed 46% to INR 4.11 billion ($57.5 million), theIndian company said las...Read More
RAPAPORT... Lucapa Diamond Company sold $16.7 million worth of roughstones from its Lulo mine at the first diamond tender under Angola's newsales rules."The exceptional sale prices achieved for the Lulo diamondsreflected the highly competitive bidding from leading internationaldiamantaires and large-stone manufacturers from eight countries thatparticipated in the tender," the company said Fri...Read More
RAPAPORT... The Gemological Institute of America (GIA) will expand its ColoredStone Identification & Origin Report services to include alexandrite. The report contains the stone's basic details, includingcut, shape, weight, measurement and color. In addition, it specifies whetherthe stone is natural or lab-grown, lists any detectable treatments, and offersa research-based opinion on the g...Read More
(IDEX Online) - The IDEX polished diamond price index was almost flat on the month in January. &nbs...Read More
After years on the sidelines, gold producers are suddenly the mining world's hottest topic as the industry gathers in Cape Town this week.For more than half a decade, gold miners have been stuck in the doldrums, shunned by investors following a string of missteps and bogged down by a stagnant bullion price. Then, in September, a surprise mega-deal turned the industry on its head.Barrick Gold Corp....Read More
EMX Royalty (TSXV: EMX), a royalty holder on the Gumsberg project in Sweden, announced this week that operator Boreal Metals (TSXV:BMX) discovered a high-grade zone of zinc-silver-lead-gold mineralization, named the South Zone, at the property. In a press release, EMX explained that the South Zone occurs near the historic ?-stra Silvberg mine, and is currently delineated as 130 meters of eastward...Read More
Why are Armenians fighting over the controversial Amulsar gold mining project and how does it affect the country's new government?Read full newsRead More
Stocks Analysis by Chris Kimble covering: XAU/USD, XAG/USD, Gold Futures, Silver Futures. Read Chris Kimble's latest article on Investing.comRead full newsRead More
Newmont Mining Corp. should regain its crown as the world's biggest gold producer once it completes its $10 billion acquisition of Canada's Goldcorp later this year.Read full newsRead More
"Lipper U.S. Weekly FundFlows Insight Report: Funds Experience Net Outflows Thanks To Equity Funds And Money Market Funds https://t.co/zowIt6WLRT"Read full newsRead More
"Mondias Natural Products Inc - Anew agriculture/natural health product company expanding across Canada!Read more here:https://t.co/nMda2cgJJm$NHP #NHP #momentumstocks #hotstocks #smallcap #element79capital #mondias #mondiasnaturalhealth"Read full newsRead More
"Precious Metals Weekly Round-Up: Gold Eases on Positive US-China Talks and Last Week's Other Top Stories. https://t.co/Vev9OQtwec #preciousmetals #gold #silver #platinum #palladium #investing #INN"Read full newsRead More
The outlook for Rio Tinto, the world's second largest miner by market capitalisation, is positive over the coming years, according to a new report by Fitch Solutions. Rio has the expertise and capital to develop the most lucrative and largest mines in the world, and the miner has achieved higher profits year-over-year in H118, despite cost inflation.Rio Tinto's performance will continue improving...Read More
A study by Wood Mackenzie forecasts that global lead production, excluding that of China, will increase in 2019 by about 250 kt, which is equivalent to over 10% of current output.According to the market analyst, approximately 90 kt are due to stem from Goldcorp's (TSX:G) (NYSE:GG) Pe??asquito, thus, developments at the Mexican mine will have a major bearing on whether the overall increase actually...Read More
Irish researchers found a way to treat osteomyelitis, a particularly difficult-to-treat bone infection, using copper.In a paper published in the journal Biomaterials, the scientists explain that the method they are using to treat the infection involves an implant designed specifically for bone repair into which they incorporate copper particles and bioactive glass.The study's first author Emily Ry...Read More
Silver recently started outperforming gold again, a watershed event. For long years this white metal has mostly lagged the yellow one, relentlessly battering silver sentiment. But gold surging into year-end 2018 finally sparked some life into moribund silver. This is a bullish sign, as silver has soared in the past once rising prices reach critical mass in attracting new investment capital....Read More
Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) today announced that Rob Atkinson will succeed Tom Palmer as Executive Vice President and Chief Operating Officer, effective June 1, 2019. Tom Palmer, currently President and Chief Operating Officer, will remain President until he succeeds Gary Goldberg to become President and Chief Executive Officer. Last month, Newmont announced tha...Read More
In Canada, registered medical patients have been allowed to use cannabidiol (CBD) legally since 2001, or almost two decades.When Canada legalized cannabis last fall, CBD became legal for all adults to use.It immediately sold out. All of it.There is now a medical cannabis and CBD shortage.According to James O'Hara of Canadians for Fair Access to Medical Marijuana:"It's actually more than a supply i...Read More