RAPAPORT... The US branch of Swiss watch and jewelry retailer Bucherer has acquired Leeds & Son, aiming to expand its presence within the US market.California-based Leeds & Son is a family-owned fine-jewelry and watch retailer, carrying brands including Rolex, Patek Philippe and Messika, Bucherer said last week. The company, founded in 1947, is run by CEO Terry Weiner. In 2018, Bucherer bo...Read More
(IDEX Online) - The GIA has joined the Watch & Jewellery Initiative 2030 (WJI 2030), founded last October as a movement for positive change in the industry.It said the move was an extension of its commitment to a more sustainable future for the world, our industry and for the Gemological Institute of America (GIA).The Geneva-based WJI 2030, established by Cartier and Kering, focuses on buildin...Read More
(IDEX Online) - Two landmark pink diamonds are to be sold within a week.Christie's Geneva today announced details of the forthcoming sale of the 18.18-ct Fortune Pink, the largest pear-shaped fancy vivid pink diamond ever to be auctioned.It will be offered for sale on 8 November with an estimate of CHF25m to CHF35m (just over $25m to $35m).Then, separately, on 15 November, Angola's state...Read More
Cerrado eyes feasibility study for Brazil assetSPONSOREDcerrado goldTENDER FOR THE EXPLOITATION OF THE BAUXITE BLOCK OF SANTOU (TELIMELE), GUINEASPONSOREDcenter for mining promotion and development (cpdm)OREN driving tailings facility operators to be proactive in managing riskSPONSOREDorenExcitement as Alma Metals raises funds for more copper exploration SPONSOREDalma metalsAn employee of contract...Read More
"We do continue to feel the effects of dislocations in the global economy on our business - in energy and across supply chains and labour markets - and are planning accordingly for 2023, confident inRead More
FCX executives had recently visited Ascaro's Hayden site to appraise the operation, Bloomberg quoted unnamed people familiar with the matter as saying.Read More
The firm also warned of lower than expected copper production at its flagship Quebrada Blanca Phase 2 (QB2) copper development in northern Chile and higher capital expenditure.Read More
"Despite persistent inflationary conditions, Lundin Mining generated adjusted EBITDA of over US$200 million and $180 million of adjusted operating cash flow, demonstrating the quality of our portfolioRead More
U.S. equity index futures were higher this morning. S&P 500 futures were up 4 points at 7:30 AM EDT.Traders are waiting for U.S. economic news released at 8:30 AM EDT. Consensus for first estimate of third quarter real GDP is growth at a 2.1% rate versus a decline of 0.6% in the second quarter. Consensus for September Durable Goods Orders is an increase of 0.5% versus a decline of 0.2% in Augu...Read More
We spoke with Colin Moorhead, who's Executive Chairman and Managing Director of Xanadu Mines (ASX: XAM, TSX: XAM), a company that discovers, defines, and develops globally significant porphyry copper-gold deposits, in Mongolia. The Company owns a multi-stage portfolio of projects, with the flagship Kharmagtai copper-gold project, located in Omnogovi Province, approximately 420km southeast of Ulaan...Read More
Zero Hedge, Released on 10/27/22As the bell tolls for the end of the first chapter of Twitter's life as a deep state narrative-enabling machine, the firings have begun with Musk becoming 'Chief Twit'.Continue... The Firings Begin: Twitter CEO, CFO, & Top Censor Escorted Out added by Herman James on 10/27/2022View all posts by Herman James ?+'Read More
Daily Mail, Released on 10/27/22Unilever recalled over 1.5 million products last week because they may contain elevated levels of benzene. Affected goods are dry shampoo aerosol products Continue... More than a million Americans have been using shampoos that may contain cancer-causing chemical - including brands like Dove, TRESemm?(C) and Nexxus added by Herman James on 10/28/2022View all posts by...Read More
Wall Street On Parade, Released on 10/27/22At Fed Chair Jerome Powell's press conference on September 21, he made a remark that went unchallenged by the bevy of reporters in attendance. Powell said this:Continue... Fed's Powell Calls U.S. Economy "Robust" as Personal Savings Rate Collapses to Same Level as in Financial Crisis of 2008 added by Herman James on 10/28/2022View all posts by Herman Jame...Read More
We learn today that the gross domestic product increased 2.6% in the year's third quarter. Reports CNBC:The U.S. economy posted its first period of positive growth for 2022 in the third quarter, at least temporarily easing recession fears, the Bureau of Economic Analysis reported Thursday.GDP, a sum of all the goods and services produced from July through September, increased at a 2.6% annualized...Read More
Canadian uranium major Cameco (TSX: CCO; NYSE: CCJ) has narrowed its September-quarter loss, citing building momentum in long-term contracting by power utilities amid concern about global energy security and the rising acceptance of nuclear power to reduce carbon emissions.Cameco's CEO, Tim Gitzel, told a post-earnings release analyst call it had advanced contracting discussions for about 27 milli...Read More
Core Lithium (ASX: CXO) shares fell on Thursday after the miner and Tesla couldn't secure a supply deal for battery-metal ore, but the power may reside with the producer over the automaker. The companies were trying to hammer out a four-year contract for Core to deliver about 100,000 tonnes of spodumene concentrate from its Finniss mine near Darwin on Australia's north coast. The negotiation dead...Read More
Commerce Resources (TSXV: CCE ; US-OTC: CMRZF) has produced its largest rare earth oxides sample yet from its Ashram project in northern Quebec as it develops what it calls the biggest deposit in North America for building electric vehicle magnets.Ashram, located about 1,300 km north of Montreal, produced 1.2 kg of mixed rare earth carbonate concentrate graded at about 52% total rare earth oxides...Read More
Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF) has been granted three new highly prospective exploration rights covering a total surface area of 80 sq. km adjacent to the company's Platreef project in Limpopo province, South Africa.The new exploration rights form a continuous block situated on the southwest border of Ivanhoe's existing Platreef mining rights at Turfspruit and Macalacaskop, which together...Read More
Osino Resources (TSXV: OSI; US-OTC: OSIIF) has outlined the first resource estimate for its Ondundu gold project in Namibia, about 130 km from its flagship Twin Hills project and 270 km northwest of the city of Windhoek.The 10,387 hectare and 100%-owned project, which it acquired from B2Gold (TSX: BTO; NYSE-AM: BTG) in July 2021, is situated in the northern zone of the Damara Orogen, about 15 km n...Read More
Teck Resources (TSX: TECK.A | TECK.B; NYSE: TECK), Canada's largest diversified miner, is exiting the oilsands business with the sale of its 21.3% stake in the Fort Hills project to Suncor Energy (TSX: SU; NYSE: SU) for $1 billion (about US$737.2 million).The all-cash deal, effective Nov. 1, will boost Suncor's aggregate share in the oilsands operation to more than 75%. French energy major TotalE...Read More