(IDEX Online) - Gemist, the pioneering "try and buy" online jewelry retailer, has announced an investment from the innovation division of De Beers.The Los Angeles-based company is the first platform that allows buyers to design their own ring or earrings from a smartphone or other device.They select the stones, metals and settings of their choice and have them made to their exact specifications to...Read More
(IDEX Online) - A rare 21.52-carat Colombian emerald ring with two half-moon diamonds sold for its high estimate of $1.2m at Phillips, in Hong Kong.It was the lead item in a sale that realized a total of $6m, a 54 per cent increase on the auction house's Jewels and Jadeite sale last year.There were a record number of online bids from 20 countries, a 163 per cent increase on the previous year....Read More
RAPAPORT... The coronavirus pandemic has accelerated the use of technology in the diamond supply chain, diminishing the fear that many in the industry had toward embracing innovation, according to David Block, CEO of Sarine Technologies."The fear of utilizing technology is in many ways dissipating because of Covid-19, as people have to use it to communicate [with their customers]," Block said...Read More
Markets were mixed across the board this morning, Monday July 20, with traders focused on the prospects for a recovery fund from the European Union, while the weak Japanese export data highlights the economic damage that Covid-19 has dealt.* Japan’s exports dropped by 26.2% year on year in June...* ...auto exports to the United States were particularly hard hit.Base metals Three-month base me...Read More
More strength in gold stocks! Franco-Nevada (FNV), a TSX 60 stock moved above US$152.39 to an all-time high extending an intermediate uptrend. Another Canadian gold stock breakout! Yamana Gold (YRI), a TSX 60 stock moved above Cdn$7.78 to a six year high extending an intermediate uptrend. Yamana is seeking a listing on the London Exchange.Open Text (OTEX), a TSX 60 stock moved above US$44.05 and C...Read More
Cardinal Resources' (TSX: CDV; ASX: CDV) Namdini mining licence has officially received sovereign parliamentary ratification in Ghana, the company says."This ratification and the recent issuing of the Environmental Protection Agency (EPA) permit, along with our water extraction permit and relocation action plan approval, places the Namdini gold project into an extremely secure and solid position f...Read More
Yamana Gold (TSX: YRI; NYSE: AUY) is in the advanced stages of its London Stock Exchange (LSE) listing, the company says.The Toronto-based miner, currently listed on the TSX and on the NYSE, said that it intends to become the "investment of choice" in London for those looking for exposure to gold."The LSE currently has a limited number of sizeable pure-play gold producers with annual production of...Read More
Discovery Metals (TSXV: DSV; US-OTC: DSVMF) has released results from eight holes completed at its Cordero project in Mexico's Chihuahua state, including 1 metre grading 1,907 grams per tonne silver-equivalent (700 grams silver per tonne, 0.74 gram gold per tonne, 16.1% lead and 14% zinc) in its first hole testing the 1.2-km-long Todos Santos vein trend at the project.The intercept, in hole 342, s...Read More
Asiamet Resources: Copper's Best Kept SecretSPONSOREDasiamet resourcesScoped for growth: Nevada Copper shifts into production modeSPONSOREDnevada copper corp.IronRidge shows its mettleSPONSOREDironridge resources Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesWith initial production likely to be around 35,000 tonnes of copper a year and 65,000 ounces of gold Winu, in its ea...Read More
German luxury vehicle maker BMW signed a US$2.3 billion long-term deal earlier this month with Swedish battery maker Northvolt, the latest of such deals, as European carmakers try to compete with Tesla in the burgeoning electric vehicle (EV) market.Tesla's gigafactories and battery technology have long given it an edge in the EV market (Northvolt was started by two former Tesla executives), but wh...Read More
Scorpio Gold (TSXV: SGN) is acquiring land in Nevada's Manhattan mining district that adjoins the southwestern boundary of its Goldwedge property and includes two past-producing mines.The acquisition of the Manhattan project property claims from Round Mountain Gold and KG Mining will give Scorpio Gold control of land around its Goldwedge project, which contains a fully permitted underground mine a...Read More
"We want the molecular tests to discard the disease; the workers are very afraid as they have been exposed to positive cases which are now isolated in the camp within the mine and some were taken to nearby hotels. If there is no solution we are going on strike," said Ernesto Amas, general secretary of the La Arena union.Pan American said in a statement Monday it was putting its Huaron and Morococh...Read More
Matt Gill, Managing Director and CEO of White Rock Minerals Ltd. (ASX: WRM), updated us on White Rock. White Rock has undergone a 3 to 4-times re-rating since Metals News started covering them, and Matt sees the potential for a much greater upside. They have an advanced JORC compliant gold and silver project in northern New South Wales, Australia, and an exciting new large gold anomaly discovery,...Read More
A coronavirus vaccine isn't necessary for the historic rally, according to market forecaster James Bianco. He sees unprecedented government stimulus policies as the major force behind the run to new highs.Jim Bianco is President and Macro Strategist at Bianco Research, L.L.C. Since 1990 Jim's commentaries have offered a unique perspective on the global economy and financial markets. Unencumbered b...Read More
"Don't fight the Fed" is one of the oldest sayings on Wall Street.The new conventional wisdom might be, "Don't fight the narrative."Continue...Read More
Red Bull has fired two 'diversity directors' who tried to force the company into virtue signaling about Black Lives Matter while also dissolving several 'culture teams' whoContinue...Read More
"...to inflict pain on our family, to terrorize us, to control what we say. That's the kind of people they are."Continue...Read More
What hypocrites. The whole lot of them.Read More
A wealthy St. Louis couple who made headlines last month for displaying firearms in front of their home as a group of BLM activists marched towards the Mayor's Continue...Read More
"Dr. Fauci has been a true champion for our country during the Covid-19 pandemic and throughout his distinguished career, so it is only fitting that we honor him as we kick off theContinue...Read More