RAPAPORT... Kering has withdrawn its brands from the Responsible Jewellery Council (RJC) in protest at the organization's handling of the Russia crisis.Jewelry labels Boucheron, Pomellato and Qeelin have left the organization, as has Gucci, a spokesperson for Pomellato said Tuesday in an email to Rapaport News. Giorgio Bodei, Pomellato's director of production and planning, has resigned from...Read More
RAPAPORT... The board of the Responsible Jewellery Council (RJC) has named vice chairman John Hall as interim executive director following the resignation of Iris Van der Veken.Van der Veken quit last month over the standards group's handling of the Russia crisis.Hall is a founding board member of the RJC, the organization said Tuesday in an email to members. He is also a former general manag...Read More
West Africa an improved opportunitySPONSOREDWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.Marvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining The audit by the tax authority Canada Revenue Agency (CRA) covered the firm's filings for tax years 2012-...Read More
RAPAPORT... Following the shakeup at the Responsible Jewellery Council (RJC), which saw several brands and its executive director, Iris Van der Veken, leave the organization, the Rapaport team discusses the implications of the bombshell moves. Also in this action-packed episode of the Rapaport Diamond Podcast, Senior Analyst Avi Krawitz, Editor in Chief Sonia Esther Soltani and Rapaport's new...Read More
(IDEX Online) - US President Joe Biden is under pressure from a group of congressmen to impose effective sanctions on Russian diamonds.Lawmakers say current restrictions, announced on 11 March, will have a negligible effect because they only prohibit the importation of rough diamonds, not gems that have been cut and polished outside Russia.They urge the Biden administration to close the loophole t...Read More
(IDEX Online) - The Responsible Jewellery Council (RJC) has suffered further backlash over its refusal to cut ties with Russia. Kering, French owner of Boucheron (pictured), Gucci, Alexander McQueen and Yves Saint Laurent, has left the the London-based watchdog over its "inability to face the current situation in Europe" in a manner consistent with its values.Bulgari's jewelry boss Mauro...Read More
(IDEX Online) - The Moscow Diamond Bourse (MDB) has suspended its membership of the World Federation of Diamond Bourses (WFDB) in response to Russia's invasion of Ukraine.Trading at the bourse ceased on 7 March, two weeks after troops entered the country."We look forward to see the end of hostilities and hope that we all will be able to return to normal in the future," MDB president Alex Popo...Read More
West Africa an improved opportunitySPONSOREDWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.Marvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining Modern life is fundamentally dependent on the metals, energy and chemicals that the natural resources sec...Read More
Base metals prices on both the London Metal Exchange and Shanghai Futures Exchange were mixed on the morning of Wednesday April 6, with the strong dollar - which is at its highest level since May 2020 - likely to be a strong headwind.* Services purchasing managers indices (PMI) in Europe and the US continued to generally show strong expansions, while those in China sank* Hawkish talk from the US F...Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 40 points in pre-opening trade. Jet Blue dropped $0.51 to $13.13 after Raymond James downgraded the stock from Outperform to Market Perform.Tilray gained $0.13 to $7.16 after reporting higher than consensus fiscal third quarter revenues and earnings. Archer Daniels Midland advanced $0.52 to $91.42 after Stifel Nicolau...Read More
A judge of the Federal District of Alaska is expected to render a decision soon in a dispute regarding the development of a 340-km, east-west-running controlled industrial access road that would provide access to the Ambler Mining District in northwestern Alaska.In its first-quarter financial report released on Wednesday, Trilogy Metals (TSX: TMQ; NYSE American: TMQ) revealed that the U.S. Departm...Read More
Glencore (LSE: GLEN) has agreed to purchase nickel and cobalt products for a year from a battery recycling plant that's poised to go online in 2023 - Electra Battery Materials' (TSXV: ELBM; US-OTC: ELBMF) Battery Materials Park project situated to the north of Toronto. The agreement covers the 2023-2024 production of the metals, which will be produced from the refining of black mass feed generate...Read More
Ukraine-focused iron ore developer Black Iron Inc (TSX: BKI; US-OTC: BKIRF) will not publish the highly anticipated feasibility study for the Shymanivske project until peace has returned to the Dnipropetrovsk region of Ukraine.Black Iron said in an overnight news release that its consulting engineering firm, Wood Plc. cannot meet the requirements for completing a feasibility study under Canadian...Read More
Westhaven Gold (TSXV: WHN) has released new results from ongoing drilling at its wholly owned Shovelnose gold project. Covering 76.2 sq. km, Shovelnose is the largest of the company's four properties held within the Spences Bridge Gold Belt (SBGB) of British Columbia.The highlighted drill hole SN22-212, which returned 23 metres of 37.24 grams gold per tonne and 214.7 grams silver per tonne, is ov...Read More
A day after announcing the sale of its Russian assets, Kinross Gold (TSX: K; NYSE: KGC) has entered into an agreement with Asante Gold (US-OTC: ASGOF; CSE: ASE) to potentially sell the company's 90% interest in the Chirano gold mine. The open-pit and underground mining operation in southwestern Ghana produced 154,668 gold-equivalent oz. in 2021, compared to 166,590 oz. in 2020 and is located imme...Read More
BHP (NYSE: BHP; LON: BHP; ASX: BHP) has secured enough renewable energy to cover 100% of the power requirements of three of its major nickel operations in Western Australia, following the signing of a new agreement with Italy's Enel Green Power.The 12-year power purchase agreement (PPA) will facilitate stage one construction of Enel's A$200 million (US$151 million) Flat Rocks wind farm near the to...Read More
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We spoke with Mario Stifano, CEO and Executive Director of Galantas Gold Corporation (TSX-V & AIM: GAL; OTCQX: GALKF). Galantas Gold owns a producing, open pit gold mine, near Omagh, County Tyrone, Northern Ireland. The mine also produces by-product silver and lead. A metals concentrate is produced, by safe, non-toxic processing, and sold under contract. Galantas believes they have a district scal...Read More
CNBC, Released on 4/6/22"The risk of a policy error at this point is so, so high."Danielle DiMartino Booth is CEO & Chief Strategist for Quill Intelligence LLC, a research and analytics firm. She spent nine years as an advisor to Richard W. Fisher at the Federal Reserve Bank of Dallas. Danielle left the Fed in 2015 to found Money Strong, LLC, an economic consulting firm and launched a weekly econ...Read More
CNN (via MSN), Released on 4/6/22Pinterest said it will remove content that denies the existence or impacts of climate change as well as the role of humans in causing climate change. Continue... Pinterest bans misinformation about climate change added by Herman James on 04/07/2022View all posts by Herman James ?+'Read More