RAPAPORT... Sarine Technologies has launched a new platform enabling manufacturers to tap its automated grading systems and issue a report in-house to support the needs of jewelers.The company this week introduced its eGrading innovation via a video campaign on YouTube claiming the concept would "change diamond grading forever." It allows manufacturers to self-execute third-party grading of the 4C...Read More
RAPAPORT... Stargems, a specialist in sourcing rough diamonds, has partnered with distributor A.A. Rachminov on a manufacturing and marketing program for South African diamonds.The companies will jointly procure and cut the goods, using Stargems' sourcing experience and A.A. Rachminov's expertise in polishing and marketing. Most of the manufacturing will take place at Stargems' cutting facili...Read More
RAPAPORT... Gem Diamonds' profit dropped last year amid lower large-stone recoveries and a drop in the average price.Profit for the year fell 77% to $10.6 million, compared with $46.6 million the previous year, the miner said Wednesday. Revenue fell 32% to $182 million, as sales volume declined 11% to 111,292 carats. The average price slid 23% to $1,637 per carat, reflecting the smaller percentage...Read More
(IDEX Online) - Gem Diamonds announced a sharp fall in profits for 2019 as it recovered fewer carats and sold them at lower prices.???,?AE'Profit from continuing operations were $15.0m, down dramatically from $52.4m the previous year.Revenue and underlying earnings at its Letseng mine, in Lesotho, were also down.Average value per carat sold was $1,637, compared with $2,131 in 2018.Key financial re...Read More
(IDEX Online) - BRITS spend an average of $1,876 on an engagement ring, a new survey reveals.That's a fraction of the estimated the $44,000 that prime minister Boris Johnson is said to have spent on a three-carat squarish emerald, surrounded by two carats of diamonds for fiancee Carrie Symonds.Half of the Brits quizzed in a poll for loans firm Hitachi Personal Finance said they'd be happ...Read More
(IDEX Online) - The Bangkok Gems & Jewelry Fair went ahead despite coronavirus fears, although visitor numbers were down sharply from 14,000 last February to under 10,000.It was the only gems and jewelry trade show to take place in Asia so far this year, following a number of high-profile cancellations including the Hong Kong's International Diamond, Gem & Pearl Show and International...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesThe company previously said the third resource for the discovery was due by the end of 2019, but has been quiet surrounding its progress. Overnight, SolGold said the update was due within four weeks.Read More
The Dow Jones Industrial Average Index (DJIA) closed down by 5.9% on Wednesday, and in the pre-market this morning, Thursday March 12, the DJIA futures are down by around 4.4% - such is the continued fear in the market. Base metals on the London Metal Exchange and on the Shanghai Futures Exchange were down across the board by an average of 1% and 1.7% respectively, as of 7:50am London time. * Asia...Read More
U.S equity index futures were lower this morning. S&P 500 futures were down 139 points. Index futures are responding to growing coronavirus fears.Index futures were virtually unchanged following release of economic news at 8:30 AM EDT. Consensus for the February Producer Price Index was a slip of 0.1% versus a gain of 0.5% in January. Actual was a decline of 0.3%. Excluding food and energy, co...Read More
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Teck Resources (TSX: TECK.B; NYSE: TECK) announced a target to reduce carbon intensity by 33% by 2030 as part of its new sustainability strategy and goals.This builds on a previously announced commitment to be carbon neutral across all operations and activities by 2050, Teck said.The move comes just weeks after Teck walked away from plans to build the $20.6 billion (US$15.7 billion) Frontier oil s...Read More
Earlier this month, The Northern Miner's sister publication MINING.COM released its EV Battery Metals Index, which includes the first value measurement of metals used in batteries for the nascent electric vehicle industry. The full report is presented here.It is worth remembering that the first all-electric vehicle to use a lithium-ion battery - the Tesla roadster - only rolled off assembly lines...Read More
A pre-feasibility study (PFS) released by Foran Mining (TSXV: FOM) for its wholly owned McIlvenna Bay project in Saskatchewan envisions a 3,600 t/d underground mine with on-site processing and tailings storage and the shipping of copper and zinc concentrates to offsite smelters. With a 9-year mine life, average annual production of 89.2 million lb. zinc and 27.9 million lb. copper, and $261 millio...Read More
O3 Mining (TSXV: OIII) has released the results of four holes completed at the Alpha property within its Central Cadillac group of holdings in Quebec. Of the four holes reported in the most recent release, three are from the Bulldog zone, which has now been traced over 500 vertical metres and over 100 metres to 200 metres along strike.Drill highlights from Bulldog include 33 metres of 1.9 grams go...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 resourcesMICROMINE STRENGTHENS DATA MANAGEMENT SOLUTION WITH Geobank 2020SPONSOREDmicromineCharts of equity price indices show precipitous declines over the past three weeks. In contrast, indust...Read More
H?(C)ctor Grisi, Director General de Santander M?(C)xico, habla en entrevista sobre el estado del banco y la econom?-a de M?(C)xico y el mundo de cara a la epidemia de coronavirus.12 de marzo 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.facebook.com/Excelsio...Read More
Carlos Mart?-nez, Director del INFONAVIT, habla en entrevista sobre el convenio que firmaron con la banca para facilitar el uso del dinero cotizado.12 de marzo 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.facebook.com/ExcelsiorMexTwitter: https://twitter.com...Read More
Alejandro D?-az de Le??n, Gobernador del Banco de M?(C)xico, habla en entrevista sobre las medidas econ??micas que se est??n tomando ante la epidemia de coronavirus.12 de marzo 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.facebook.com/ExcelsiorMexTwitter: ht...Read More
Sergio Camacho, CEO de UNIFIN, habla en entrevista sobre el lanzamiento de la plataforma digital Uniclick.12 de marzo 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.facebook.com/ExcelsiorMexTwitter: https://twitter.com/Excelsior_MexSitio: http://www.excelsior....Read More
Alfonso Chiquini, habla sobre el impacto que est?? teniendo el coronavirus en la industria automotriz.12 de marzo 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.facebook.com/ExcelsiorMexTwitter: https://twitter.com/Excelsior_MexSitio: http://www.excelsior.com....Read More