RAPAPORT... Former Tiffany & Co. design executive Reed Krakoff has joined jewelry brand John Hardy as its creative chairman.Krakoff has also been appointed strategic adviser to L Catterton, a private-equity firm that owns a majority stake in the boutique jeweler.Canadian artist John Hardy founded the business in 1975, inspired by the jewelry traditions of Bali. It employs more than 500 cr...Read More
RAPAPORT... Sotheby's will offer a set of unmounted pear-shaped diamonds for up to HKD 55 million ($7 million) at its jewelry sale in Hong Kong next month.The 31.46- and 30-carat, D-flawless stones will be among the top lots at the October 7 Magnificent Jewels sale, Sotheby's said Wednesday. Two jadeite necklaces will also lead the sale. The first, set with 41 rare imperial green jadeite beads and...Read More
RAPAPORT... Lightbox has been selling lower-quality lab-grown diamonds at a reduced price of $600 per carat for many months, the De Beers-owned company confirmed this week.The Lightbox Basics line has been "around for a while" and was originally branded as Lightbox Outlet, a spokesperson told Rapaport News in an email. It offers white lab-grown diamonds with SI clarity, "faint" color and "ver...Read More
RAPAPORT... BlueRock Diamonds has appointed Victor Dingle as CEO following a financing deal that saw his company, Teichmann Group, become a majority shareholder.Dingle, who is the CEO of Teichmann, will replace Mike Houston, who will leave immediately, BlueRock said Wednesday. BlueRock's finance director, David Facey, is also expected to exit the company, which owns the Kareevlei mine in South Afr...Read More
North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSORED"When you look at mining in a modernised context, you have to be moving multiple pieces of infrastructure.Read More
(IDEX Online) - Belgium's prime minister yesterday told industry leaders that he remained opposed to sanctions on Russian diamonds.Alexander De Croo was addressing delegates at the two-day Facets 2022 convention in Antwerp, where Bruce Cleaver, CEO of De Beers, and Mokgweetsi Masisi, president of Botswana, were also among the speakers.Mr De Croo, (pictured) has repeatedly said his country wou...Read More
(IDEX Online) - Diamond Standard, the fintech startup that has turned diamonds into a market-traded commodity, has closed on a $30 million investment round.The US-based company launched an IPO last February, offering the first 5,000 diamond standard coins (pictured), weighing 4.5 carats for $5,000 each.It is standardizing diamond values with the coins - and now also with bars - which each contains...Read More
(IDEX Online) - At least three people died when a dam holding waste from a disused diamond mine burst in South Africa.Houses were swept away by a devastating mudslide and floodwaters at Jagersfontein, about 60 miles from Bloemfontein, in Free State province, at dawn on Sunday.An estimated 300 people have been left homeless as the area was covered in grey sludge from the tailings dump. Twenty-three...Read More
(IDEX Online) - The "courtesy watches" provided by Hublot to its customers have proved to be a victim of their own success.Owners have been so taken with the loan replacements - clearly marked "NOT FOR SALE" on the face - that they've held onto them and forfeited the timepiece they sent for service or repair.The black composite Atelier (French for workshop) with its quartz movement, has becom...Read More
U.S. equity index futures were mixed this morning. S&P 500 futures were up 1 point at 7:30 AM EDT.A tentative labour agreement between railway companies and their unions was reached this morning.A series of U.S. economic news is scheduled to be released before the opening todayAugust Retail Sales released at 8:30 AM EDT are expected to increase 0.5% versus a gain of 0.8% in July. Excluding aut...Read More
We spoke with, John Lee, who is CEO of Flying Nickel Mining Corp. (TSX-V: FLYN; OTCQB: FLYNF), a premier nickel sulphide mining and exploration Company, advancing its 100% owned Minago Nickel project, in the Thompson nickel belt, in Manitoba, Canada. The combined open pit and underground mineral resource estimate, published in 2021, includes a Measured and Indicated mineral resource of 44.23 milli...Read More
The Jay Martin Show, Released on 9/15/22Danielle DiMartino Booth of Quill Intelligence believes it's obvious that a recession is already upon us, and it might only get worse from here. She joins Jay to discuss inflation, supply constraints, the housing market and, perhaps most importantly, how to protect your wealth in our current economic environment.00:00 Introduction00:12 Transitory or Persiste...Read More
Igor's Newsletter, Released on 9/15/22The things that most of us know and talk about, are appearing in the so-called "mainstream press" - after the damage was all done, of course.Continue... The mainstream press is finally beginning to admit the truth about Bill Gates and the pandemic added by Herman James on 09/16/2022View all posts by Herman James ?+'Read More
Goldmoney (via Dollar Collapse), Released on 9/15/22Money supply took off during covid lockdowns. It is now about to take off again to pay everyone's energy bills. But that is not all.Continue... Alasdair Macleod: Inflation is turning hyper added by Herman James on 09/16/2022View all posts by Herman James ?+'Read More
Kitco News, Released on 9/15/22David Erfle, founder of the Junior Mining Junky, discusses gold's near and long-term future with David Lin, Anchor of Kitco News at the Precious Metals Summit at Beaver Creek.0:00 - Gold down 2%4:53 - Fed hike next week6:00 - Gold/silver traders' positions6:25 - Gold price outlook6:55 - Triggers for higher gold8:11 - Fed rate hikes and gold9:20 - Gold minersDavid Erf...Read More
Trends Research, Released on 9/15/22Gerald Celente is a pioneer trend strategist and founder of The Trends Research Institute. He is the author of the national bestseller Trends 2000: How to Prepare for and Profit from the Changes of the 21st Century and publisher of the internationally circulated Trends Journal newsletter. Gerald Celente is a political atheist. Unencumbered by political dogma, ri...Read More
SHTFplan, Released on 9/15/22As we predicted, new variants will come after the Food and Drug Administration decided to approve an experimental vaccine booster with no human trials specifically for Omicron. Continue... As Predicted: A New COVID Variant Is Here And It "Evades Immune Protection" added by Herman James on 09/16/2022View all posts by Herman James ?+'Read More
CNBC, Released on 9/15/22"I'm very disappointed in the results that we just announced here, and you know, the headline really is the macro situation that we're facing," Subramaniam said in an interview on "Mad Money."Continue... FedEx CEO says he expects the economy to enter a 'worldwide recession' added by Herman James on 09/16/2022View all posts by Herman James ?+'Read More
SHTFplan, Released on 9/15/22The bill aims to "reinforce U.S. policy towards Taiwan in order to maintain stable cross-Strait deterrence," Senator Bob Menendez, the New Jersey Democrat who chairs the committee, Continue... U.S. Senate Proposes Sending $4.5 Billion in Weapons to Taiwan added by Herman James on 09/16/2022View all posts by Herman James ?+'Read More
After the bearish progress, oil pricesslipped slightly as worries about the global growth outlook overtook fearsabout the supply shortage.Macroeconomics On the macroeconomic view, the greenbackfound support on its 50-Day Moving Average (DMA) at the beginning of the weekbefore resuming its rally upward and approaching its monthly highs of$110-110.50. Will the quarterly R3 pivot ($115) be reached an...Read More