Melee weakand prices softening as rupee depreciation (-8% in three months to INR 73.53/$1on Oct. 18) impacts Indian demand. Threat of undisclosed synthetics alsoinfluencing jewelers to avoid melee inventory. US orders and memo for 0.70 to1.99 ct. diamonds supporting the market. Sears files for bankruptcy,highlighting need for retailers to innovate, improve in-store and onlinecustomer engagement, a...Read More
Drop in sentiment amid rupee depreciation and Surat bankruptcy rumors.Small-scale manufacturers under pressure as domestic demand for under-0.25 ct. goodsdeclines. Steady US interest in SI-I1 diamonds. Fewer foreign dealers in themarket than during last week's Bharat Diamond Bourse buying event. Jewelerscautious ahead of Diwali festival as weak rupee inflates gold prices. RoundRead More
RAPAPORT... Three major Las Vegas trade shows have joined forces to holdtheir 2019 exhibitions at the same location to make attendance easier forbuyers. The American Gem Trade Association (AGTA) Gem Fair, the LasVegas Antique Jewelry and Watch Show, and Premier will all take place atthe Las Vegas Convention Center (LVCC) from May 30 to June 3, the organizers ofthe events said Wednesday. Visit...Read More
RAPAPORT... Christie's is set to auction a 24-carat diamond necklace thatMarilyn Monroe wore for the premiere of her 1953 movie Gentlemen Prefer Blondes.The fancy-yellow, VS2-clarity Moon of Baroda - which originated from the famous Galcondamine that also produced the Hope Diamond - is estimated at $500,000 to$750,000. Christie's will also auction an autographed photo of the actressweari...Read More
RAPAPORT... The Israel Diamond Exchange (IDE) has expanded its collaborationwith Alibaba by introducing sales directly to Chinese consumers. Israeli diamonds will be available as loose stones on Ali Auction, the Asian e-commercegiant's luxury platform, the IDE said Wednesday. The bourse will launch theventure at the inaugural China International Import Expo in Shanghai in earlyNovember. The n...Read More
(IDEX Online) - This week the Diamond Dealers Club (DDC) welcomed the Israel Diamond Exchange and its members for the fall edition of Israel Diamond Week at the DDC. As in the past, members of both bourses exhibited their goods on the DDC trading floor, now located at 50 West 47th Street. Reports of the week have indicated an increase in business sales and opportunities due to the s...Read More
(IDEX Online) - Israeli diamonds will now be offered for sale directly to Chinese consumers on Alibaba's luxury platform, Ali Auction (paimai.taobao.com). The Israel Diamond Exchange (IDE), which has been working with Alibaba.com for the past year on B2B diamond sales, is expanding its activity in the Chinese market through this prestigious ecommerce site. IDE is the only diamond center to...Read More
Law firm Hogan Lovells Africa head and partner Andrew Skipper on Thursday opened the firm’s Africa Forum conference by stating that, in Africa, there is an understandable combination of optimism and scepticism, but stressed that the available opportunities were enormous.“Currency, corruption and certainty need to change; it is often not happening fast enough, but until that is sorted o...Read More
South Africans aren’t the only ones struggling through the country’s economic slump.The fortunes of Lesotho, Namibia, and eSwatini, formerly known as Swaziland, are beholden to developments in their larger neighbour with their exchange rates pegged to the rand, the worst-performing major currency against the dollar this year. The three nations, together with Botswana, also derive reven...Read More
Originally posted at ExecSpec.netThe October correction phase will continue until election day and beyond should Trump lose control of Congress to his rivals with echoes of the 2016 election uncertainty saga.On 09-28-18, three days prior to the the record stock market peak on October 3rd, our newsletter warned of an October correction parallel to 2016. The common characteristic being the fever-pit...Read More
If you're like me, you were taught that the way to make money was to get a job. I was programmed to be an employee. If you went through the American education system, you were probably programmed the same way. "Go to school, get a good job," and later, we were all told, "Invest in a 401(k)." That was and still is the American dream being shoved down the throats of students.That advice might have...Read More
For half a century it has been an act considered completely off limits...A taboo subject...Too dangerous to even mention.Leave it to the world’s most dangerous man to change all of that.Saudi Crown Prince Mohammed bin Salman (MBS) is the de facto ruler of Saudi Arabia. His father is the actual king, but he is in poor health and everyone knows that the Crown Prince is running the show.For mon...Read More
One simple solution to optimize your underground operationSPONSOREDkomatsuKin reshaping path towards developmentSPONSOREDkin mining nlKasbah on cusp of tin riches at world-class AchmmachSPONSOREDkasbah resourcesNew thinking carves out strong zinc position for Europa MetalsSPONSOREDeuropa metalsDespite being a banker and one-time analyst, I have to confess cash management was never my strong suit.&...Read More
One simple solution to optimize your underground operationSPONSOREDkomatsuKin reshaping path towards developmentSPONSOREDkin mining nlKasbah on cusp of tin riches at world-class AchmmachSPONSOREDkasbah resourcesNew thinking carves out strong zinc position for Europa MetalsSPONSOREDeuropa metalsAll three companies have proposed treating beneficiated kaolin - a form of aluminous clay - with hydrochl...Read More
This Miner Moment bonus segment features Salim Teja, president of venture services at the MaRS Discovery District in Toronto, as he welcomes delegates of The Northern Miner's Progressive Mine Forum held at MaRS in mid-October 2018.Salim updates us on MaRS' evolving role as a major incubator for new Canadian tech businesses and other ventures. For more information, visit www.marsdd.com.Northern Mi...Read More
Since closing its acquisition of the South Crofty tin project in Cornwall in July 2016, Strongbow Exploration (TSXV: SBW) has wasted little time laying the groundwork to put the former underground mine back into production.South Crofty was the last tin mine to close in the U.K. in 1998 and has a mining licence valid until 2071.Last year the company secured a water discharge permit to dewater the f...Read More
Instagram star Brandon Woelfel and I each photograph ballerina Isabella Fonte. Leave a comment below for the winner!Buy my new book, "Born To Dance": https://www.amazon.com/Born-Dance-Cel...See my Father vs Son Photo Challenge with Eva Igo: https://www.youtube.com/watch?v=7uZpq...Purchase my recommended photo equipment: https://bhpho.to/2C7Fet6Video by Sandy ChaseFollow Jordan Matter: Instagram: h...Read More
Marin Katusa of Katusa Research joins us to answer questions on the economy, gold prices and the precious metals mining sector.Read More