RAPAPORT... The Gahcho Ku?(C) mine in Canada yielded 1.6 million carats inthe first quarter ending March 31, keeping the asset on track to reach itsproduction guidance for the year. "The grades continue to perform well at the Gahcho Ku?(C) mine,and are a key driver of the production results," said David Whittle, CEO ofMountain Province, which owns the mine in partnership with De Beers. "Throughput...Read More
(IDEX Online) - The London Diamond Bourse (LDB) has been chosen as the sole industry representative to officiate and run a tender on behalf of an anonymous vendor. A range of rough diamonds will be presented for a trade sale with closed bids being accepted from 29 May - 12 June. The collection includes one rough stone of 124 carats and a variety of high quality rough stones from 8/4 to 9 c...Read More
RAPAPORT... Sales and profit grew sharply at Tse Sui Luen (TSL) inthe past 12 months amid stronger consumer sentiment in Greater China and a risein tourism to Hong Kong. Revenue jumped 12% to $486 million (HKD 3.81 billion) acrossall markets in the fiscal year ending February 28, the Hong Kong-based jewelerreported Thursday. The annual profit of $5.9 million (HKD 46.6 million) wasroughl...Read More
(IDEX Online) - Sarine Technologies Ltd said that leading Japanese jewelry company K-Uno is the first retailer in the world to adopt the new Sarine 4Cs diamond report - the world's first artificial-intelligence based, technology driven automated grading report. The introduction of Sarine's 4Cs grading reports in the K-Uno chain was announced last week at the company's flagship store in t...Read More
RAPAPORT... US consumers are expected to spend 8% less on jewelry thisMother's Day, the National Retail Federation (NRF) said last week. Americans will shell out $4.6 billion on jewelry this year,compared with $5 billion in 2017, the trade organization predicted. Overallspending for Mother's Day will decline 2% to $23.1 billion, according to its projection. Even though sales are likely to drop, "t...Read More
RAPAPORT... IBM has partnered with members of the diamond and jewelryindustry to create a blockchain platform for improving traceability.The technology giant will work with retailer HelzbergDiamonds and jewelry manufacturer Richline Group - both subsidiaries of WarrenBuffett's Berkshire Hathaway - to launch the "Trust Chain Initiative." Other members of the consortium are Asahi Refining andLeachGa...Read More
RAPAPORT... Lucara Diamond Corp. has unearthed a 327-carat rough diamondfrom its Karowe mine in Botswana. The high-color white diamond is the eighth over 100 carats that Lucara has found this year, and the ninth largest in its history, it saidlast week. Earlier this month, the miner recovered a 472-carat "top lightbrown" diamond. Lucara, known for producing large stones from Karowe, sold itsbigge...Read More
Still podcasting from the heart of London, we feature in episode 102 an exclusive interview by CopperBank Resources executive chairman and CEO Gianni Kovacevic with the iconic mining entrepreneur Ross Beaty, chairman of Pan American Silver and Equinox Gold, and Canadian Mining Hall of Fame inductee.The interview is recorded live at The Northern Miner‘s Canadian Mining Symposium held in late...Read More
We travel to the heart of London to bring you this week’s episode featuring an in-depth interview by Northern Miner publisher Anthony Vaccaro with Franco-Nevada chairman and Canadian Mining Hall of Fame inductee Pierre Lassonde.The interview is recorded live at The Northern Miner’s Canadian Mining Symposium held in late April at Canada House at Trafalgar Square.Pierre touches on a few...Read More
Residents from La Pi??ita, La Cerca, El Naranjo, and Las Lagunas town of the municipality of Cotu?-, located in the central province of S??nchez Ram?-rez in the Dominican Republic, are rallying against EnviroGold (Las Lagunas). They say the miner's activities are polluting several water sources in the area and they demand to be relocated.Talking to a local TV station, the protesters showed how the...Read More
Exclusive information obtained by the Associated Press revealed that Atlantic Richfield, owner of the former Anaconda copper mine in Nevada, was suddenly halting the free home delivery of bottled water it has provided since 2004 to about 100 families from the Yerington Paiute Tribe who were affected by polluted effluents from the operation.In detail, poisonous groundwater seeping since 2000 from a...Read More
Economics has been called "the dismal science" for its conclusions which often suggest miserable outcomes for humanity. The saying was born in the 19th century by Scottish writer and philosopher Thomas Carlyle, who was referring to economist Thomas Malthus. Malthus famously calculated that humanity was trapped in a world where population growth would outstrip resources and lead to widespread miser...Read More
Peru's new President, Mart?-n Vizcarra, said Saturday that he was in favour of promoting mining development in his country as long as it is done in an environmentally responsible way.During a visit to the southeastern region of Puno that has been severely affected by illegal mining operations, Vizcarra said that he is "pro-development" and that all projects that involve bringing progress to the re...Read More
Erik Townsend and Patrick Ceresna welcome Marin Katusa to the show. They discuss uranium exports to from Russia to the U.S. and what options does the US have for new uranium sources? They further explore electric vehicles and why they'll be a dominant trend over the coming years and why copper is a key component in playing the EV trend. They discuss if copper is a sole source material for EV or is...Read More
In this interview, Maurice Jackson of Proven and Probable discusses AbraPlata Resource Corp. and plans for advance its flagship project in Argentina with company President and CEO Willem Fuchter. Maurice Jackson: AbraPlata Resource Corp. (ABRA.TSX.V) is focused on unlocking value in Argentina. Willem, let's discuss the latest press release entitled, "AbraPlata Files Diablillos Silver-Gold Project...Read More
Continue...Bob brought 321gold.com to the Internet almost 14 years ago. They later added 321energy.com to cover oil, natural gas, gasoline, coal, solar, wind and nuclear energy. Both sites feature articles, editorial opinions, pricing figures and updates on current events affecting both sectors. Previously, Moriarty was a Marine F-4B and O-1 pilot with more than 820 missions in Vietnam. He holds 1...Read More
Economists have been struggling to explain how unemployment can fall to 4% without wages starting to accelerate. The following chart shows paychecks rising atContinue...Read More
"We expect another five years or so of the bear, which means capped price rallies, and lots of sideways price action," Continue...Read More
It was music to gold bug ears.We've all heard the seemingly shocking or outrageous price targets for Gold. So it's not new.Continue...Read More
RAPAPORT... US consumers are expected to spend 8% less on jewelry thisMother's Day, the National Retail Federation (NRF) said last week. Americans will shell out $4.6 billion on jewelry this year,compared with $5 billion in 2017, the trade organization predicted. Overallspending for Mother's Day will decline 2% to $23.1 billion, according to its projection. Even though sales are likely to drop, "t...Read More