Mining Companies in Canada, Gold Mining Stocks & Junior Miners

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UxC's Nick Carter expects uranium's 'gradual upward movement'

February 05, 2019 / www.canadianminingjournal.com

Nicolas Carter is an executive vice-president of uranium at UxC LLC, one of the nuclear industry's market research and analysis companies. Carter has 21 years of nuclear industry experience. He manages and coordinates uranium consulting projects and products, including The Ux Weekly, Uranium Market Outlook, Uranium Suppliers Annual and Uranium Production Cost Study. During his career he has p...Read More

Boaz Moldawsky Elected IDI Chairman

February 05, 2019 / www.diamonds.net

RAPAPORT... The board of the Israel Diamond Institute (IDI) has electedBoaz Moldawsky for a three-year term as chairman, it said Tuesday. Moldawsky, who has served as acting chairman for the pastyear, has also been deputy president of the Israel Diamond Exchange (IDE),chairman of the finance committee, and a member of the board of the Israel DiamondManufacturers Association. He is co-CEO of t...Read More

Pandora Predicts Drop in 2019 Sales

February 05, 2019 / www.diamonds.net

RAPAPORT... Danish jeweler Pandora expects revenue to fall 3% to 7% this year, after weak results in 2018 prompted an overhaul of its brand and marketing activities. "We are taking immediate and forceful action to address thedisappointing aspects of our financial performance in 2018," Pandora chief operatingofficer Jeremy Schwartz said Tuesday. "We are confident that this company-widebusines...Read More

Yellow Prices to Increase in 2019, Says FCRF

February 05, 2019 / www.diamonds.net

RAPAPORT... A reduced supply of vivid-yellow diamonds will drive a priceincrease this year, according to the Fancy Color Research Foundation (FCRF). "In the last three years we witnessed a substantial [quantity]of vivid yellows coming to market, mainly from the Misery Pipe at [DominionDiamond Mines'] Ekati mine in Canada," Jim Pounds, FCRF advisory board member and executive vice president of...Read More

S. Korea Abolishes Diamond Tax Following Appeals By Korea Diamond Exchange

February 05, 2019 / www.idexonline.com

(IDEX Online) - Following five years of talks and intensive work by the Korea Diamond Exchange (KDE), the South Korean government in December abolished a 26% Individual Consumption Tax on imported polished diamonds that dates back to 1976, said bourse Chairman Nam Chang-Soo. "Now, South Korean diamond importers will have a simplified tax regime: a 5% import tax and 10% Value Added Tax, sai...Read More

Diamond Prices Slide as Year Begins with Caution

February 05, 2019 / www.diamonds.net

RAPAPORT PRESS RELEASE, February 5, 2019, Las Vegas ... Polished-diamond prices softened in January as US restocking proved slower than expected after the holiday season, and as Far East buyers took vacation ahead of the Chinese New Year. Dealers were cautious due to weak demand, tight profitability and a significant reduction in bank credit.The RapNet Diamond Index (RAPI?,,?) for 1-carat dia...Read More

Boaz Moldawsky Elected Chairman of Israel Diamond Institute

February 05, 2019 / www.idexonline.com

(IDEX Online) - Boaz Moldawsky, who has served as the Acting Chairman of the Israel Diamond Institute (IDI) for the past year, has been elected by IDI's Board of Directors as its Chairman for a three-year term. Moldawsky is a second-generation diamantaire whose family were among the founders of the Israeli diamond industry. He has been active in public service in the industry for many years...Read More

Citi backs Cu, Pd price surge

February 05, 2019 / www.mining-journal.com

Machine Learning drives exciting new feature for PitramSPONSOREDmicromineGolden Mile positioned for successSPONSOREDgolden mile resourcesCardinal advances at pace in Ghana SPONSOREDcardinal resourcesRevised Leonora PFS is next for KinSPONSOREDkin miningPalladium could do even better, potentially enjoying a 20% increase on its already inflated price with US$1,600 per ounce Citi's latest forecast fo...Read More

Relocation dispute to impact Toromocho expansion

February 05, 2019 / www.mining-journal.com

Alderan unlocking Frisco potentialSPONSOREDalderan resourcesThe Morococha Antigua residents won a victory last week in Junin's Superior Court that accepted their petition for preventative measures to impede the dismantling and destruction of some 34 hectares of urban area where the Toromocho openpit is due to expand.Chinalco began the US$1.4 billion Toromocho expansion in 2018. Pit expansion work...Read More