Recent News

IGC obtains ALROSA ALLIANCE membership

February 28, 2019 / www.idexonline.com

The Antwerp-based IGC Group, one of the oldest diamond companies in the world, was inducted into the ALROSA ALLIANCE. In a statement, IGC Group said that its membership in the ALROSA ALLIANCE opens the way "to become a long-term client of ALROSA, the world leader in rough diamond mining. "We are delighted to enter the ALROSA ALLIANCE and partner with one of the world's largest diamond suppliers....Read More

Signet offers employees a Voluntary Transition Program to leave the company.

February 28, 2019 / www.idexonline.com

Signet Jewelers, the parent company of jewelry chain stores Kay, Jared and Zales has  offered eligible employees a Voluntary Transition Program (VTP), which "provides an opportunity for eligible team members to self-nominate and leave Signet with transition assistance." The company will be taking actions "to lower costs in real estate, merchandise and costs of goods, indirect spending, and r...Read More

Alrosa Recovers 99ct. Diamond at New Mine

February 28, 2019 / www.diamonds.net

RAPAPORT... Alrosa has unearthed a 98.8-carat, gem-quality diamondfrom its new Verkhne-Munskoye mine in Yakutia, it said Wednesday. The stone was retrieved from the Zapolyarnaya pipe, one offour kimberlites that are located at the site. It has a visible yellow shade, Alrosa noted. "This is the second major find since the launch of thedeposit last October," said Evgeny Agureev, director of the...Read More

WDC President to UN: KP must expand definition of "conflict diamonds"

February 28, 2019 / www.idexonline.com

World Diamond Council President Stephane Fischler addressed a special meeting of the United Nations' General Assembly's 73rd Session in New York regarding the role of diamonds in fueling conflict. Mr. Fischler spoke on behalf of the diamond and jewelry industries in the session entitled "From blood diamonds to peace diamonds: conflict prevention through the Kimberley Process," and specificall...Read More

Phase 1 drilling at Thorny River completed, bulk sampling expected in Q2

February 28, 2019 / www.miningweekly.com

Aim- and Botswana Stock Exchange-listed Botswana Diamonds on Thursday announced that the first phase of the intensification drilling programme at its Thorny River prospect, in South Africa, has been concluded. Eighteen holes have been drilled with 12 intersecting kimberlite, the company stated in a release, adding that a bulk sampling target of 1.5 km of kimberlite fissure intersection had be...Read More

Synthetics: A Special Report from Rapaport

February 28, 2019 / www.diamonds.net

RAPAPORT... The Rapaport Group has published a special report delvinginto the key issues around lab-grown diamonds.The supplement, "The Fight's Getting Real," contains highlights from the February 2019 issue of Rapaport Magazine, featuring an analysis of DeBeers' entry into the synthetics market, and a deep look at questions of pricingand marketing terminology.It also details how companies ar...Read More

Mothae Diamond Fetches $37K/ct.

February 28, 2019 / www.diamonds.net

RAPAPORT... Lucapa Diamond Company garnered $3.8 million from the saleof rough stones from its Mothae mine in Lesotho, with one stone going for $36,664 per carat. The miner sold 5,411 carats at tender in Antwerp, its first commercialsale of diamonds from the deposit. It recovered the stones in the fourthquarter of 2018, during the plant's ramp-up phase and in the first month ofcommercial mini...Read More

Three-year approval to benefit Mount Milligan operation

February 28, 2019 / www.mining-journal.com

Eastern promise for PolarXSPONSOREDpolarxWater shortages at the copper-gold mine were among the impacts on the company's 2018 earnings, which Centerra revealed last week were about 50% lower than in 2017.Read More

Mongolia explorer missing right fanfare?

February 28, 2019 / www.mining-journal.com

Eastern promise for PolarXSPONSOREDpolarxThe obvious challenge for Australian-listed Xanadu is that it is exploring in Mongolia, a country with a reputation for making life difficult for foreign mining companies, as Rio Tinto has discoveredRead More

Sherlock delivers another huge hit

February 28, 2019 / www.mining-journal.com

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipQuality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithium"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftThe intercept from the Sherlock zone also contained 2.1g/t silver and included 8m at 0.64% c...Read More

Metals prices consolidate as poor Chinese PMI data weighs on sentiment

February 28, 2019 / www.metalbulletinresearch.com

A drop in China’s manufacturing purchasing managers’ index (PMI) to 49.2 in February, from 49.5 in January, has set a weaker tone across markets with base metals traded on the London Metal Exchange mostly lower and down by an average of 0.3% in the morning of Thursday February 28. Copper and zinc prices led on the downside with losses of 0.7%, with copper recently quoted at $6,473 per to...Read More

Rio Tinto sheds some light on copper find

February 28, 2019 / www.mining-journal.com

Eastern promise for PolarXSPONSOREDpolarxThe company's exploration team has been working at Winu, 130km north of Telfer, since late 2017.Read More

Tech Talk for Thursday February 28th 2019

February 28, 2019 / www.timingthemarket.ca

U.S. equity index futures were lower this morning. S&P 500 futures were down 4 points in pre-opening trade.Index futures were virtually unchanged following release of economic news at 8:30 AM EST. Consensus for Weekly Jobless Claims was 220,000 versus 216,000 last week. Actual was 225,000. Consensus for first estimate for U.S. fourth quarter real GDP was growth at a 2.4% rate versus growth at...Read More

7 Income Streams You Could Be Tapping Into

February 28, 2019 / dailyreckoning.com

According to the IRS, most millionaires have these seven income streams:1. Dividend income from stocks.2. Earned income from a paycheck.3. Rental income from real estate.4. Royalties from products or license agreements. 5. Capital gains from the sale of investments.6. Profits from business ventures. 7. Interest from savings, CDs, bonds, or other lending activities.I would argue that most people...Read More

Bill Gates is 100% Correct About Climate Change...

February 28, 2019 / dailyreckoning.com

Today I bring to you an interesting story of two billionaires...Both of whom have terrific intentions for helping the human race combat global warming.What you’ll find interesting about these two men is that despite their good intentions, both have very different views on how to solve the problem.However, after some thorough research myself, I’ve uncovered that only one of these men...Read More

Why It's Dangerous to Contribute too Early to Your 401(k)

February 28, 2019 / dailyreckoning.com

Does your employer offer a 401(k) plan? And do they match any of your contributions? If so, they might only match up to that percentage on each of your checks, and not on how that check amount relates to your total annual salary. That means deferring too much, too soon of your salary could reduce the amount of those matching contributions. Here's an example of how that could happen:In 2019, yo...Read More

ATAC Resources Announces Phase One of 2019 Exploration Program at Rau Project

February 28, 2019 / www.atacresources.com

February 28, 2019 - Vancouver, BC - ATAC Resources Ltd. (TSX-V:ATC) ("ATAC") is pleased to announce the Phase One exploration program at its Rau Project, located at the western end of its 1,700 km2 Rackla Gold Property in east-central Yukon.The Phase One program will follow-up on high-grade gold, copper and silver results from 2018, as well as additional opportunities proximal to the Rackla Pluton...Read More

Computational thinking workshops for local elementary teachers featured in The Colorado Sun

February 28, 2019 / www.minesnewsroom.com

Colorado School of Mines is teaming up with the Colorado Department of Education to offer free computer science workshops for elementary school teachers across the state this year and the partnership was the subject of a recent story in The Colorado Sun.Tracy Camp, professor and head of the Computer Science Department, developed the curriculum for the workshops, which includes hands-on training i...Read More

Gold & Precious Metals Snapshot: Drills turn across the Americas in search of precious metals

February 28, 2019 / www.northernminer.com

Gold and silver remain the preferred targets for North American mineral explorers, with thousands of campaigns ongoing across the globe. Here is a look at eight such companies.ALAMOS GOLDAlamos Gold (TSX: AGI; NYSE: AGI) is a Toronto-headquartered intermediate gold producer with four operating mines in North America: the Young-Davidson and Island Gold underground mines in northern Ontario; and the...Read More

JV Article: Talmora Hunts for Big Diamonds in NWT

February 28, 2019 / www.northernminer.com

In January 2018 Talmora Diamond Inc. (CSE: TAI) President and CEO Raymond Davies went to a diamond conference at Padua University in Italy, which is a must-attend event for global diamond seekers.During a presentation based on a recent academic paper on the origins of the world's largest diamonds - 500 carats or larger, such as the Cullinan and Millennium Star - Davies learned that the minute incl...Read More

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