Recent News

Harvey Organ: HUGE SHORT COVERING By The Bankers In Silver...THEY SEEM SCARED!

March 19, 2019 / www.silverdoctors.com

Harvey says we've either had a MASSIVE short covering, or else this is happening, and a little earlier than usual. Here are the details...by Harvey Organ of Harvey Organ BlogMARCH 18/GOLD DOWN ONLY 70 CENTS//SILVER DOWN 2 CENTS AS THE BANKERS RAID FAILS//HUGE SLOWDOWN IN SMART PHONE SHIPMENTS INTO CHINA//BOEING ISSUED A SUPBOENA AS TO THEIR SAFETY CHECKS ON THE 737 MAX 8 DEVELOPMENT//GOLD: $1302....Read More

India's Polished Exports Fall in February

March 19, 2019 / www.diamonds.net

RAPAPORT... India's polished-diamond exports dropped 4% to $2.34 billionin February, as market weakness continued. A slide in the volume of shipmentsoutweighed a higher average price, according to data the Gem & JewelleryExport Promotion Council (GJEPC) released this week. Rough imports also decreased,indicating a slowdown in the manufacturing sector.India Trade Data for February 2019 $...Read More

Tiffany Provides Glimpse into Future Store Design

March 19, 2019 / www.diamonds.net

RAPAPORT... With Tiffany & Co. refurbishing its flagship store on New York's Fifth Avenue, there is a buzz of speculation on how the retailer plans to make the shop more interactive and appealing to millennials, as it has vowed to do. What people may not know, however, is that Tiffany has already made a similar move in London, opening a new, modern store that strikes a different tone than...Read More

Brexit Stockpiling Boosts Swiss Watch Growth

March 19, 2019 / www.diamonds.net

RAPAPORT... Swiss watch exports rose in February, as stockpiling in theUK prior to Brexit accounted for 80% of the industry's worldwide growth. Shipments rose 3.4% to CHF 1.8 billion ($1.8 billion) forthe month overall, following a two-month downturn. Supply to the UK surged 58%to CHF 126.5 million ($126.5 million), while those to China bounced back,rising 15% to CHF 151.1 million ($151.1 mil...Read More

Debswana announces Cut 9 project, to extend Jwaneng mine-life

March 19, 2019 / www.idexonline.com

The Debswana Diamond Company (Debswana), a 50/50 joint venture between the Government of the Republic of Botswana and De Beers Group, is launching its Cut-9 project, to extend the life of Jwaneng Mine to 2035. The mine is expected to yield an estimated 53 million carats of rough diamonds from 44 million tons of treated material. Debswana will invest approximately US$2 billion over the life of the...Read More

ALROSA to asses viability of MIR pipe

March 19, 2019 / www.idexonline.com

Alrosa, one of the world's leading diamond miners has initiated a decision-making protocol that will determine if the company's diamond mine at the famous Mir pipe is to be permanently decommissioned or fully restored. The protocol will require deep level exploration down to -1,300 meter to confirm the mine's reserves. These activities are scheduled to be completed by early 2022. Budg...Read More

Gold Conference comes to New York in April

March 19, 2019 / www.idexonline.com

For the ninth year in a row, Initiatives in Art and Culture (IAC) has created a two-day gathering of experts and visionaries working across various fields related to gold. From journalists and jewelry designers, to environmentalists and government regulators, an international gathering of those passionate about gold will discuss challenges the precious metal and its surrounding industries face tod...Read More

Total dividend of 43.8c/share above minimum pay-out policy of 35% of underlying EPS

March 19, 2019 / www.mining-journal.com

"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftAntofagasta said the total dividend was above its minimum pay-out policy of 35% of underlying earnings per share and equal to a 65% pay-out ratio, down from last year's pay-out ratio of 67%.Read More

Copper resource for Aguia in Brazil

March 19, 2019 / www.mining-journal.com

Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsThe inferred Andrade copper deposit contains 10.8 million tonnes grading 0.56% copper and 2.56 grams per tonne silver, included within which there's an "openpit constrained" 1.3Mt of oxidised material at 0.43% copper.Aguia said the resource was located in a single structural panel, and that i...Read More