SD Midweek Update: The Gold-to-silver ratio shot up to 90 as silver gets taken behind the woodshed, but the beating will likely not last long...Thank you cartel!For what?The flash sale on silver!That's what.You see, the cartel is still up to its Dollar Tree magic tricks attempting to signal a certain thing to the world: The global economy is at the very minimum slowing down, as is the demand for c...Read More
An image from the McKinsey & Co. report Climate Risk & Decarbonization depicting areas projected to be under water stress in 2040. Credit: McKinsey & Co.A new report by global consultancy McKinsey & Co. looks at three key questions the mining sector needs to address in light of climate change. Entitled Climate risk and decarbonization: What every mining CEO needs to know, the report details the po...Read More
While the price of uranium suffered a steep decline after the 2011 Fukushima Daiichi nuclear accident, growing pressures to decarbonize power generation provide support for the commodity, which is currently priced at cyclical lows. Below, we provide an overview of eight companies active in uranium exploration and development. Appia EnergyAppia Energy is involved with rare earth and uranium explo...Read More
RAPAPORT... De Grisogono has filed for bankruptcy shortly after it was caught up in an alleged money-laundering scandal involving Isabel dos Santos, the daughter of Angola's former president, and her husband.Last week, media reports stated dos Santos's husband, Sindika Dokolo, bought a stake in the Swiss luxury jeweler together with Angolan national diamond-trading company Sodiam through a Ma...Read More
RAPAPORT... Sales of jewelry and watches at LVMH increased 7% in 2019 amid a strong year for Bulgari.Revenue from the categories rose to EUR 4.41 billion ($4.85 billion), driven by Bulgari's Fiorever collection, which contributed significantly to growth following its launch at the end of 2018, LVMH said Tuesday. The brand's Serpenti Seduttori watch line was well received, while Chaumet and Hu...Read More
RAPAPORT... Graff-owned diamond manufacturer Safdico will cut and polish a portion of rough from the Lulo mine through a partnership with Lucapa Diamond Company.Safdico will have the rights to buy up to 60% of Lulo's annual rough production under the terms of Angola's new reform program, which went into effect last year. The new guidelines open sales to a wider range of buyers of the miner's...Read More
RAPAPORT... De Beers' January rough-diamond sales reached their highest level since last April as post-holiday stock replenishment boosted demand.Proceeds of $545 million at the first sales cycle of 2020 were 9% higher than a year ago, the miner said in a statement Wednesday. Sales also rose 28% from the $426 million the company garnered in December."Demand for rough diamonds increased during...Read More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.All eyes will be on the Indonesian nickel market in 2020.The knives may be out for the country’s nascent stainless industry but the staggering potential for expansion in NPI may reduce the impact of the nickel ore export ban to...Read More
Diamond miner De Beers' rough diamond sales increased to $545-million for the first sales cycle of this year.This was higher than the $426-million in sales recorded for the tenth sales cycle of 2019, as well as the $500-million in sales recorded for the first sales cycle of 2019.Advertisement“Demand for rough diamonds increased during the first sight of 2020 following the end-of-year sel...Read More
(IDEX Online) - De Beers Group Industry Services is collaborating with RDI Diamonds Inc., in NY to provide the diamond wholesaler's grading reports for its Rare and Forever diamonds. De Beers Group Industry Services will also offer educational activities and sales training to RDI. "We were humbled to be approached by the De Beers Group Industry Services for such an important opportunity:...Read More
(IDEX Online) - De Beers today said it provisionally sold $545 million worth of rough diamonds at its first Sight of 2020, which ended on January 24.This compares to sales of $500 million in 2019 and is a noticeable increase over the sales totals throughout 2019. Sight 1Sight 2Sight 3Sight 4Sight 5Sight 6Sight 7Sight 8Sight 9Sight 102020$545 M (provisional)2019$500 M$496 M$581 M$416 M$391 M$2...Read More
(IDEX Online) - Shree Ramkrishna Exports Pvt. Ltd. (SRK) has introduced a new design for reusable diamond packets that it says have been created for better security. SRK says the packets, which were conceptualized in-house, are more durable than traditional packets and are designed to be reusable. These stickers can be custom printed for each company. They have sticker labels, which can...Read More
PERTH (miningweekly.com) – Diamond miner Lucapa has entered into a cutting and polishing agreement with leading diamond manufacturing group Safdico International over its Lulo alluvial mine, in Angola.As a preferred buyer, Safdico could purchase up to 60% of Lulo’s yearly alluvial rough diamond production, as permitted under Angolan law.AdvertisementThe diamonds purchased by Safdico wi...Read More
Artemis all set thanks to unique approachSPONSOREDartemis resourcesAll-in-sustaining-costs were US99c per pound of copper, which OZ said put the project comfortably into the bottom quartile of operations globally.Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 10 points in pre-opening trade.Investors are waiting for an FOMC statement on interest rates to be released at 2:00 PM EST. The Fed Fund rate is expected to remain unchanged at 1.75%.Apple added $5.47 to $323.16 after reporting higher than consensus fiscal first quarter revenues and earnings.eBay dropped $0.94 to $35.2...Read More
Equinox Gold (TSX: EQX) and Leagold Mining (TSX: LMC) said on Wednesday that shareholders of both companies have approved their merger, creating an America-focused gold miner with a market capitalization of about US$1.75 billion.The deal, announced in December, adds Leagold's four mines in Mexico and Brazil to Equinox's portfolio, which consists of two mines in California and one in Brazil.As part...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 resourcesCase study: platform financeSPONSOREDminexiaI may have mentioned some months back, I think, the moment my dear daughter discovered alcohol.Read More
Gold is poised to perform strongly in 2020, with geopolitical risk set to remain elevated, metals and mining research and consultancy group Wood Mackenzie said Tuesday.Miners are set to enjoy bumper margins and the trade-off between investing for the long-term and returning money to shareholders will be acutely apparent.It is crucial that miners capitalise on this moment in the spotlight to secure...Read More
Autoridades capitalinas dieronaconcer que los tres reos que se fugaron del Reclusorio Sur pertenecen al C??rtel de Sinaloa y que habr?-an recibido la ayuda de al menos seis empleados del Penal.29 enero de 2020 COMENTA 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.faceboo...Read More
Padres de familia y alumnos, intentaron luiberar el plantel de la Prepa 9, por lo que el grupo de paristas dio a conocer que se cancela el di??logo y exigen la presentaci??n de autoridades universitarias de mayor jerarqu?-a.29 enero de 2020 COMENTA ESTE VIDEO Y COMPARTELO CON TUS AMIGOSPara m??s informaci??n entra: http://www.youtube.com/excelsiortvNo olvides dejarnos tus comentarios y visitarnos...Read More