Polishedinventory levels starting to decline as manufacturers cut production and roughbuying. Small Aug. sight as De Beers lets sightholders reject 50% of goods.Alrosa slashes 2019 sales forecast from 38M cts. to 33M cts. after 2Q revenue-21% to $859M, profit -47% to $200M. Weak China demand and tight profit marginsstill a concern. Buyers very selective during downturn. Strong jewelry sales atMacy...Read More

RAPAPORT... Revenue and profit at Indian diamond-manufacturer Asian Starfell in the first fiscal quarter, reflecting a slowdown in demand for polished diamonds. Group revenue declined 7% year on year to INR 8.25 billion($114.8 million) in the three months ending June 30, the company said lastweek. Net profit slid 10% to INR 260.8 million ($3.6 million). Revenue from diamond sales, Asian Star'...Read More

RAPAPORT... The Natural Color Diamond Association will present a study at the Hong Kong Jewellery & Gem Fair on how coloring in diamonds develops.  Since 2009, GGTL Laboratories in Liechtenstein has beenanalyzing both natural and lab-grown diamonds. The results will be given bylaboratory director Thomas Hainschwang (pictured), in a seminar moderated by Rapaport senior news repor...Read More

RAPAPORT... US retail sales increased in July, as consumer confidence remained strong despite fears over the escalating trade war. Total purchases- excluding automobiles, gasoline andrestaurants - rose 0.9% compared with June sales and 5.6% year on year,according to data the National Retail Federation (NRF) reported, citing the USCensus Bureau. Online and other non-store sales climbed 19% yea...Read More

RAPAPORT... As the trade returns from its summer vacations and starts to look toward the holiday season, the Rapaport editorial team outlines the industry's prospects for the rest of the year. It's volatile out there with all the talk of recession, rumblings about the trade war and uncertainty in Hong Kong. But we see a light at the end of the tunnel and pick out some winning trends that should li...Read More

IDEX' Research Director Ken Gassman is the author of the cover story of the September issue of IDEX Magazine. Entitled "Solving the puzzle for diamantaires - how to capture a greater share of consumer spending" Gassman tries to understand why the diamond industry is so different from other markets, where producers, suppliers and retailers closely monitor shoppers' buying habits, and ofte...Read More

One hundred and twenty years after the first miners began panning for gold in the Yukon River, RESOLVE, a solutions-focused NGO, announced the launch of Salmon Gold, an innovative approach to sourcing gold responsibly and restoring fish habitats in Alaska, the Yukon Territory, and British Columbia, with its partners, Tiffany & Co. and Apple. Gold from the project is now in the supply chains o...Read More

The Antwerp World Diamond Centre (AWDC) has thrown its weight behind the prestigious International Film Festival Antwerpen (IFFA) in the latter's quest for additional sponsors for the festival's first edition. The IFFA is scheduled to take place from March 10-15, 2020, various theaters throughout the city and in the Elizabeth Hall, adjacent to Antwerp's Diamond Quarter.  Quoti...Read More

An earlier edition of a Diamond Week at the DDC.   This week, the Diamond Dealers Club (DDC) of New York, in conjunction with the Gem & Jewellery Export Promotion Council (GJEPC), hosted over 50 exhibitors and several hundred buyers at its tenth India Diamond Week on the DDC's state-of-the-art trading floor at the International Gem Tower in Manhattan. The DDC leadership said that wi...Read More

The Gem & Jewellery Export Promotion Council (GJEPC), the Antwerp World Diamond Centre (AWDC) and the Israel Diamond Institute (IDI) drafted and sent a joint letter to Celine Lau, director of Jewellery Fairs at Informa Markets, the firm that runs the Hong Kong Gem & Jewellery Fair that will take place in the second half of September, asking Lau to postpone the show. The joint letter sent b...Read More

Terramin leads gold-copper revival in South AustraliaSPONSOREDterramin australiaNew mineral sands miner polishes its ImageSPONSOREDimage resourcesAustralian Vanadium targets growing energy-storage and steel marketsSPONSOREDaustralian vanadiumThickened tailings deposition for closureSPONSOREDsrk consultingThe company said EBITDA of US$1.3 billion for the first half of 2019 was struck on 19.1% highe...Read More

U.S. equity index futures moved higher this morning. S&P 500 futures were up 4 points in pre-opening trade.Index futures were virtually unchanged following release of the Weekly Initial Jobless Claims report. Consensus was 216,000 versus revised 221,000 last week. Actual was.209,000Canadian Imperial Bank of Commerce (CM $99.50 Cdn) is expected to open higher after releasing higher than consens...Read More

Dear Rich Lifer,Over the weekend, I shared some of the pros and cons of buying a vacation home.Not only do you need to be able to cover the upfront costs of buying a second home, you also have ongoing yearly expenses to cover as well.And unless you intend on renting out the property for a good chunk of the year, forget about seeing a significant return on your investment.But, a few readers asked i...Read More

The National Ground Water Association's Groundwater Foundation has named Reed Maxwell, Professor of Hydrology at Colorado School of Mines, its 2020 Henry Darcy Distinguished Lecturer in Groundwater Science.The lecture series was established in 1986 to foster interest and excellence in groundwater science and technology. Each year, a panel of scientists and engineers invites an outstanding groundwa...Read More

Three years into exploring the Las Chispas district in Sonora, Mexico, SilverCrest Metals' (TSXV: SIL; NYSE-AM: SILV) Las Chispas project is picking up speed. The company secured financing shortly after Mexico's environment ministry gave SilverCrest the green light to develop the project.The Las Chispas property consists of 28 concessions totalling 14 square kilometres. The project is located 180...Read More

The Northern Miner is proud to offer its first academic scholarship as part of the Young Mining Professionals Toronto branch (YMP) scholarship program.The Northern Miner joins fellow partners Barrick Gold, Agnico Eagle Mines, IAMGOLD, Yamana Gold, Anaconda Mining and Orefinders Resources to fund a series of $1,000 to $10,000 scholarships totalling $44,000 for Canadian university students (undergra...Read More

Midland Exploration (TSXV: MD) will start drilling its wholly-owned Willbob gold project in Quebec in early September.Willbob is in the Labrador Trough, 65 km west of the town of Kuujjuaq, Que., and contains 1,488 claims covering 683 square kilometres. While the area has seen heavy exploration for base metals from the 1950s to 1970s, little exploration has been done for gold before Montreal-based...Read More

Terramin leads gold-copper revival in South AustraliaSPONSOREDterramin australiaNew mineral sands miner polishes its ImageSPONSOREDimage resourcesAustralian Vanadium targets growing energy-storage and steel marketsSPONSOREDaustralian vanadiumThickened tailings deposition for closureSPONSOREDsrk consultingThe switch by car manufacturers to more planet- friendly electric powered vehicles opens new o...Read More

Brent Johnson's journey to understand the outlook for the dollar and gold concludes with an extended interview with gold market legend Peter Schiff of Euro Pacific Capital. In this interview, Peter outlines the Fed's contribution to global economic problems and suggests reflation in the next downturn will be impossible without causing a sovereign debt crisis. Filmed on October 11, 2017 in New York...Read More

This is an edited video of the original Anthony Pompliano vs Peter Schiff: The Gold vs Bitcoin Debate Original Debate: https://www.youtube.com/watch?v=Wigz8...1. Davinci Intro to debate 0:072. Gold v/s Crypto 1:363. Holding Bitcoin 9:104. Value of Bitcoin 16:305. Properties of Bitcoin 18:136. Gold Money 24:377. Trusting the system 26:008. Bitcoin will succeed? 29:009. Selling and buying 34:0010. D...Read More