RAPAPORT... Retail sales of jewelry and other luxury items declined inHong Kong in February, impacted by weakened consumer sentiment and the timingof the Lunar New Year. Revenue from jewelry, watch, clocks and other valuable giftsfell 10% year on year to HKD 7.25 billion ($923.1 million) for the month, the municipality'sCensus and Statistics Department reported Monday. Sales in all retailcate...Read More
RAPAPORT... Hong Kong-based jeweler Chow Sang Sang saw a 13% rise insales in 2018, amid improved consumer sentiment and a spike in gold demand inthe first half of the year. Group sales came to HKD 18.81 billion ($2.40 billion) forthe year, as revenue from jewelry retail increased 18% to HKD 17.13 billion($2.18 billion). Proceeds from other businesses, including property, fell 21%to HKD 1.68 b...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.Gain powerful insights and make data-driven decisions with our new delivery solutions. Instantly access the most reliable and trusted data whenever and wherever you need it with the delivery option that best meets your needs.The scale...Read More
RAPAPORT... De Beers will allow its sightholders to disclose sourceinformation on diamonds they purchase from the company, after unveiling its "diamonds from DTC" program Monday. "We are proud of where our diamonds are discovered, how werecover them responsibly and the role our activities play in building thrivingcommunities," said De Beers CEO Bruce Cleaver. "By enabling our customers t...Read More
RAPAPORT... Gem Diamonds has unearthed a 134-carat yellow, the second significant colored diamond it has found this year. It discovered the high-quality, type I stone on March 31 at its Let??engmine in Lesotho, the company said Sunday. The last yellow-diamond of that magnitude the miner reported on was a 151.52-carat stone, which it retrieved in June 2017. In March, Gem Diamonds sold a pink...Read More
RAPAPORT... Initiatives in Art and Culture (IAC) will present FerielZerouki with its award for leadership in responsible practice in jewelry. The honor is bestowed annually on members of the jewelryindustry, or part of a jewelry-focused organization, that have made atransformational contribution to ethical sourcing and responsible practice inthe global trade, IAC said last week. Zerouki, De...Read More
(IDEX Online News) - In general, for rounds March was all about reversing the trends of February, when the market dared a little, only to be whistled back in March. Parallel to trends in the previous month, prices of round diamonds under a carat remained rather stable, with a few goods, especially in the higher colors and clarities, losing a few percent. Prices of goods between 80 points and a c...Read More
Macau's Executive Council announced during a press conference at Government Headquarters earlier this month that its government has drafted and submitted a bill that, when approved by lawmakers, would open the way for Macau to join the Kimberley Process Certification Scheme (KPCS). Once accepted, Macau could then import and export rough diamonds. According to a government spokesperson, the bi...Read More
Representatives of the Antwerp World Diamond Centre (AWDC) accompanied King Filip of Belgium on a state visit to South Korea. During the state visit, Golden Dew, one of Korea's largest jewelry brands, launched three special cuts it developed together with Antwerp diamond companies. During the visit in March, three special diamond cuts were presented to the general public in the presence of the Kin...Read More
Better Chinese manufacturing data has surprised the market and boosted three-month base metals prices on the London Metal Exchange by an average of 1% this morning, Monday April 1. Nickel led the way with a 2.2% gain to $13,285 per tonne, up from Friday’s close at $12,995 per tonne, while tin was the laggard with a 0.4% gain. Aluminium, zinc and lead were all up by 0.9%, while copper was...Read More
U.S. equity index futures were higher this morning. S&P 5 00 futures were up 20 points in pre-opening trade. Index futures responded to news that the China Caixin March Manufacturing PMI increased to 50.8 versus consensus at 49.9. An Index above 50 implies GDP growth at an increasing rate. The Shanghai Composite Index gained 2.6%.Index futures were virtually unchanged following release of Febr...Read More
A recent study by the U.S. Bank found that only 41% of Americans use a budget even though it’s one of the most effective ways to keep track of your finances. Building a budget, automating bills, consolidating debt, negotiating lower premiums…all these financial must-dos are easy on paper but for whatever reason prove challenging in practice. Why do you avoid doing what you know is best...Read More
An accident reconstruction vehicle for the Colorado Highway Patrol, a 3D-printed habitat for astronauts on Mars and a public restroom for the Mount Everest trekking route are among the student design projects that will be on display at this spring's Capstone@Mines Design Showcase. The annual event - the culmination of a yearlong client-driven design experience for seniors - will be from 9 to 11...Read More
Christopher Higgins, associate professor of civil and environmental engineering at Colorado School of Mines, has been awarded the 2019 Walter L. Huber Civil Engineering Research Prize from the American Society of Civil Engineers (ASCE).The annual prize - one of the most prestigious mid-career awards in civil engineering -is given to only a few researchers every year in recognition of their notable...Read More
"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftHow to monitor and manage your Tailings Storage FacilitySPONSOREDisometrixIt's not easy being an optimist while China and the U.S. wage a trade war, the bond market flags a recession, and the U.K.Read More
Entre los invitados al enlace estaban Ernesto Laguardia, Susana Gonz??lez, Carmen Salinas, Memo del Bosque y Arturo Carmona.Ventaneando, programa de TV Azteca conducido por Pati Chapoy en compa???-a de Daniel Bisogno, Jimena P?(C)rez 'La Choco', M??nica Casta??eda y Pedro Sola te traen las ??ltimas noticias del mundo del espect??culo.Disfruta el contenido en tiempo real en nuestro sitio oficial: h...Read More
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Apr 02, 2019 Guest(s): Juan Carlos Artigas Director of Investment Research, World Gold Council Gold has seen a steady uptrend, but investors should still pay careful attention to macroeconomic forces, says Juan Carlos Artigas, director of investment research at the World Gold Council. "There are four drivers of gold that investors need to keep an eye on. The first one is economic expansion. Ther...Read More
Click here for the full transcript: http://financialrepressionauthority.c...Charles Hugh Smith writes the Of Two Minds blog which covers an eclectic range of timely topics: finance, housing, Asia, energy, long-term trends, social issues, health/diet/fitness and sustainability. From its humble beginnings in May 2005, Of Two Minds now attracts some 200,000 visits a month. Charles also contributes to...Read More