Far East trading quiet during Chinese New Year.Market cautious due to weak demand, tight profitability and reduced bankcredit. Selective buyers creating shortages of excellent-cut (3X, none)diamonds, but prices of lower-quality goods softening due to excess supply. 1ct. RAPI -0.4% in Jan. Manufacturers maintaining low production as profitmargins are squeezed by high rough prices. Let??eng 4Q sales...Read More

Polished trading quiet. Foreign dealers in Mumbailooking for bargains. Relatively low amount of new merchandise available, asmanufacturers keep production down due to tight profits and sluggish demand.High gold prices weighing on jewelry retail sales. Jewelry wholesalers anddiamond dealers hoping for boost at next week's IIJS Signature show (Feb. 10 to13). RoundRead More

RAPAPORT... Two white lab-grown diamonds from De Beers' Lightbox brandhave G color and VS clarity, the Gemological Institute of America (GIA) saidafter examining the stones. Lightbox doesn't offer grading reports for its products, andhadn't previously publicized their specific quality characteristics. The GIAobtained the 0.24-carat and 0.26-carat polished stones from a "third-partyvendor," accordi...Read More

RAPAPORT... Gem Diamonds' sales slumped in the fourth quarter as theminer produced fewer valuable stones at its Let??eng mine. Proceeds fell 40% year on year to $41.7 million in the threemonths ending December 31, the miner said Thursday. While sales volume rose 5%to 33,140 carats, the average price dropped 43% to $1,259 per carat, reflecting"lower-quality recoveries" at the lucrative mine in...Read More

RAPAPORT... February is a crucial time for Canada's diamond mines.Located in the most remote region of the country's frozen Northwest Territories(NWT), Rio Tinto, Dominion Diamond Mines and De Beers have a two-month windowto connect their mining operations to the outside world. The winter ice road, officially known as the Tibbitt toContwoyto Winter Road (TCWR), opened on February 1, marking t...Read More

(IDEX Online) - Eli Avidar, CIBJO Vice President, has resigned his position at the World Jewellery Confederation, announcing that he plans to run for national political office during the parliamentary elections for the Israeli Knesset which will take place on April 9.   "Five years ago I had the honor and the privilege to be invited to join the CIBJO Board of Directors by the President, Dr. G...Read More

(IDEX Online) - HRD Antwerp has graded what it says is the world's first ring that is entirely made from a lab-grown diamond made by Dutch Diamond Technologies (DD).   'Project D', DD's name for the ring, took a year to manufacture and was created in honor of the company's 10th anniversary, HRD said.   "The ring was made from a large piece of a 155-carat rough CVD lab-grown diamond whic...Read More

(IDEX Online) - Gem Diamonds reported an average price of US$2,131 per carat for 2018, up 10% from US$1,930 per carat in 2017.   The company said that demand and prices for its large, high-quality white rough diamonds from its Let??eng mine in Lesotho have remained firm.   Following the end of the end of its fourth quarter on December 31, strong pricing was achieved at its first tender o...Read More

Relatively stable carat recovery and sales contributed to a strong performance for LSE-listed Gem Diamonds in the fourth quarter ended December 31.Gem on Thursday reported that it had recovered three diamonds larger than 100 ct at its Letšeng mine, in Lesotho, during the quarter, taking the number of diamonds larger than 100 ct recovered during 2018 to 15 – a record for the company.A...Read More

(IDEX Online) - ALROSA held its first auction this year for special size (over 10.8 carats) rough diamonds in Israel.   The company sold 92 large rough diamonds with a total weight of 1,570 carats. The overall revenue from sales amounted to $9.6 million. Firms from Israel, Russia, Hong Kong, Belgium, India, the United Arab Emirates and the United States participated in the auction, the miner...Read More

(IDEX Online) - Signet Jewelers Limited announced three new agency partners to improve the effectiveness of its investments in advertising and marketing, and in support of the three strategic priorities of its Path to Brilliance transformation plan - Customer First, OmniChannel, and a Culture of Agility and Efficiency.   "Our newly announced agency partners will contribute to Signet's Path to...Read More

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipMachine Learning drives exciting new feature for PitramSPONSOREDmicromineGolden Mile positioned for successSPONSOREDgolden mile resourcesIt said South32's $1 million was in addition to the $30 million the ASX-listed miner had already paid to maintain the option to form a 50/50...Read More

U.S. equity index futures moved lower this morning. S&P 500 futures were down 18 points in pre-opening trade.Equity index futures were virtually unchanged following release of the Weekly Jobless Claims report. Consensus was a drop to 220,000 from 253,000 last week. Actual was 233,000.BB&T Banks (BBT $48.53) has offered to buy SunTrust Banks (STI $58.74) in an all-stock deal valued at $66 b...Read More

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 mining"If you're thinking about going to the bathroom, don't, because we're going to make an announcement in the middle of this presentation," Friedland...Read More

A crucial theme from last year is continuing into this year - stock buybacks. Last year was a banner year for companies buying back their own shares. A month into 2019, it appears that Wall Street is set to continue that trend.Last year, U.S. companies announced a whopping $1.1 trillion worth of buyback plans. Armed with extra cash from favorable corporate tax policy enacted in 2017, they enthusia...Read More

I believe that there is a very realistic chance that the shares of alternative asset manager KKR & Co. can triple over the next five years.I also believe that there is very little downside risk from buying those shares today.This makes KKR & Co. the kind of low risk, high reward investment opportunity that we are always searching for but don’t often find.Let me explain this compellin...Read More

Vancouver, British Columbia (February 7, 2019) - PRIZE MINING CORPORATION ("Prize"or the "Company") (TSXV:PRZ) (OTCQB:PRZFF) (MQSP:GR:FRANKFURT) wishes to advisethat the Company has filed the audited Annual Financial Statements andManagement Discussion and Analysis ("MD&A") for the fiscal year endedAugust 31, 2018.  In addition, theCompany has also filed its Interim Financial St...Read More

February 7, 2019 - Brixton Metals Corporation (TSXV: BBB) (OTC: BBBXF) (the "Company" or "Brixton") is pleased to announce that it has acquired the Wilson Claims through a Purchase and Sale Agreement from a private vendor. The Wilson Claims comprise 5 claims for an aggregate 192.32 hectares in size. These claims are located within Brixton's large claim group at the Atlin Goldfields project located...Read More

Zhenzhen Yu, assistant professor of metallurgical and materials engineering at Colorado School of Mines, has received a National Science Foundation CAREER Award for work to accelerate the design of interlayer alloys for use in the joining of dissimilar materials.The project, "Understanding of Diffusion and Deformation Mechanisms in Multi-Principal Element Alloy Interlayers for Manufacturing of Mul...Read More

A Colorado School of Mines professor of mining engineering is part of a team whose proposal for using big data to improve living conditions for Syrian refugees in Turkey has won a prize in an international competition. H. Sebnem Duzgun, Fred Banfield Distinguished Endowed Chair in Mining Engineering, alongside researchers from her alma mater, Middle East Technical University in Ankara, took part...Read More