RAPAPORT... Jewelry sales at Titan Company slipped in the fourth fiscal quarter as news of the pandemic weighed on consumer sentiment in March. Revenue for the jewelry division - which includes the Tanishq, Zoya and Utsava collections- decreased 5% in the three months ending March 31 due to lost sales during the final month of the quarter. As the coronavirus spread, and the World Health Organ...Read More

RAPAPORT... New York diamond dealer Emanuel "Manny" Gordon died on April 7 aged 79, after contracting COVID-19.The industry veteran, who founded the eponymous Manny Gordon Trading in 1984, trained and subsequently worked with his brother-in-law, the late William Goldberg. Goldberg's jewelry house, William Goldberg Diamonds, announced Gordon's passing last week - stating that his death had "le...Read More

RAPAPORT... Swiss watch exports slumped in March amid continued market pressures resulting from the coronavirus pandemic.Shipments slid 22% to CHF 1.36 billion ($1.4 billion) for the month, with most markets declining significantly, the Federation of the Swiss Watch Industry reported Tuesday. Orders from Italy plunged 58%, while supply to Hong Kong fell 41% to CHF 138.5 million ($142.6 millio...Read More

RAPAPORT... Gem Diamonds' revenue slipped in the first quarter, as the coronavirus weighed on the average price of rough diamonds from its Let??eng mine in Lesotho. "Prices for Let??eng's diamonds have been negatively impacted in March 2020 due to the global COVID-19 pandemic, but have demonstrated a resilience in this global crisis," the company said Tuesday.Sales fell 9% to $47.3 million fo...Read More

RAPAPORT... AGD Diamonds has recovered a 50.36-carat, gem-quality diamond from its Grib mine in Arkhangelsk, Russia.The stone, which the miner unearthed last week, is its second-largest find this year. In January, it uncovered a diamond weighing 86.46 carats at the same deposit. This followed a yield of 11 large stones in 2019, each weighing in excess of 50 carats.AGD is owned by Russian inve...Read More

(IDEX Online) -  Yoram Dvash has been elected acting president of the World Federation of Diamond Bourses following the temporary departure of Ernie Blom.Mr Blom headed the Antwerp-based group of 30 worldwide bourses from 2012, but has stepped down citing "personal reasons". His South Africa-based Ernest Blom Diamonds is currently involved in a legal dispute with the Dubai Diamond Exchan...Read More

(IDEX) - Firestone has halted operations at its Liqhobong mine, in Lesotho, for at least a year. It blames the "dramatic and severe" impact of the coronavirus crisis on the global diamond market. Work was suspended at the end of March in response to a lockdown imposed by South Africa, which surrounds the landlocked kingdom.   The company now says it is now extending the care and maintena...Read More

Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesKukielski, soon to celebrate his first anniversary at the company, is more excited than ever about the opportunities before the company.Read More

Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesHow mining companies can reduce equipment purchasing cost and improve qualitySPONSOREDtechnical auditIron ore was the only division to have its guidance maintained after a record nine-m...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe latest assays included 1,009m at 0.57% copper, 0.39g/t gold and 11.1g/t silver, or 0.95% copper-equivalent, and 1,034m at 0.68% Cu-eq.Read More

Editor's Note: Mining Journal is making some of its most important coverage of the COVID-19 pandemic freely available to readers. For more coverage, please see our COVID-19 hub. To subscribe to Mining Journal, click hereThe index, which uses satellite data to monitor up to 90% of global copper smelting capacity, put the March average at 86.7, down from February's 91.5.Marex Spectron glob...Read More

Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesThe litigation challenged the EPA's July 2019 decision to withdraw its prior regulatory action under Section 404(c) of the Clean Water Act, initiated in 2014 by the Obama Administration, which sought to pre-emptively veto the Pebble project before permit applications had been filed or an Environmental Impact Statement (EIS) permitt...Read More

Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were weaker this morning, Tuesday April 21, and Asian-Pacific and pre-market major western equity indices were weaker too. On Monday we had thought poor corporate earnings data had the potential to rattle markets, but it seems that negative oil futures prices were the catalyst that caused traders concern. The soon-to-exp...Read More

U.S. equity index futures were lower this morning. S&P 500 futures were down 44 points in pre-opening trade.Travellers dropped $1.83 to $99.95 after the company reported lower than consensus first quarter revenues and earnings.Disney fell $1.36 to $100.90 after Citigroup lowered its target price from $161 to $135.IBM dropped $3.56 to $116.85 after reporting lower than consensus first quarter r...Read More

Bank of America has hiked its 18-month target for gold from US$2,000 to US$3,000 per oz."As economic output contracts sharply, fiscal outlays surge, and central bank balance sheets double, fiat currencies could come under pressure and investors will aim for gold," the bank said in a research note today."True, a strong US dollar backdrop, reduced financial market volatility, and lower jewelry deman...Read More

This week's episode features an interview with Northern Miner senior reporter Carl A. Williams, who discusses all things mining and science, including biogeochemical prospecting, artificial intelligence and space mining. He also described his experience of going to this year's PDAC conference, his first time at the event.All this and more with editor and host Adrian Pocobelli.Articles referenced i...Read More

First the good news: Quebec's decision last week to add mining to the list of priority activities and services permitted during the pandemic elicited quiet cheers from investors and lifted the spirits of gold miners like Agnico Eagle, Yamana, Iamgold, Hecla and Eldorado, which said they would cautiously re-open their mines under strict health and safety protocols. (At last count, Quebec has more t...Read More

Drill results from Quebec Precious Metals' (TSXV: CJC; US-OTC: CJCFF) wholly owned 140-sq.-km Sakami project, 570 km north of Val d'Or, suggest a new mineralized zone, the La Pointe Extension area. This zone has been traced over approximately 900 metres of strike, to a depth of 215 metres with widths ranging from 10 metres to 80 metres.The La Pointe Extension zone is 2 km southwest of the La Point...Read More

Troilus Gold (TSX: TLG) has reported assay results from two holes completed at the Southwest zone, 3.5 km northeast of the existing deposit within the 160-sq.-km Troilus project.The drill highlights include 73 metres of 1.56 grams per tonne gold-equivalent in hole 20-189 and 6 metres of 1.23 grams per tonne gold-equivalent from the same hole, as well as 14 metres of 1.02 grams gold-equivalent from...Read More

Autoridades de la Secretar?-a de Salud federal (Ssa) informaron en conferencia de prensa que el n??mero de casos confirmados de la nueva cepa de coronavirus Covid-19 aument?? a 9,501 en M?(C)xico.21 de abril 2020COMENTA ESTE VIDEO Y COMPARTELO CON TUS AMIGOSPara m??s informaci??n entra: http://www.youtube.com/excelsiortvNo olvides dejarnos tus comentarios y visitarnos enFacebook: https://www.faceb...Read More