RAPAPORT... Online retailer Enchanted Diamonds has gone into liquidation with liabilities of $1.7 million.The company, which also had a showroom in Times Square, Manhattan, filed for Chapter 7 bankruptcy in New York federal court on June 20. This follows a suspension of the company's Better Business Bureau (BBB) A+ accreditation, with BBB confirming it had received a spike in consumer complai...Read More
RAPAPORT... The government of Botswana is said to have expressedinterest in buying shares in Lucara Diamond Corp., the owner of the country'shigh-value Karowe diamond mine. "I have proposed...Lucara allow [the] government to invest inthe company," President Mokgweetsi Masisi told the Botswana Gazette. "Asa county we would benefit from such value." Lucara CEO Eira Thomas and Masisi met for a...Read More
Reuters reported this week that "a long-running criminal probe into diamond sales by Italian banks has uncovered what prosecutors say is further evidence of corruption by officials at UniCredit, Italy's largest lender, and smaller rival Banco BPM." Reuters wrote that "Italy's biggest banks are suspected of colluding with diamond brokers to scam their own customers ???,?" allegedly sellin...Read More
India, as the KP Chair for 2019, successfully hosted the KP Intersessional meeting in Mumbai. The meeting which started on 17th June concluded today, 21st June 2019. The KPCS is an international mechanism mandated by UN to reduce the flow of conflict diamonds which were being used to finance wars against legitimate governments. Mr. Alok Vardhan Chaturvedi, KP Chair and Director General of Foreign...Read More
The Diamond Council of America (DCA), a US accredited school that offers jewelers the opportunity to earn professional certifications in diamonds, colored gemstones and fine jewelry sales through distance education, announced that it has received a $25,000 grant from the Gemological Institute of America (GIA) to provide scholarships to DCA graduates to enroll in GIA online distance education cours...Read More
After a marathon twelve-hour auction, Christie's Maharajas & Mughal Magnificence auction achieved $109,271,875 with 93 percent sold by lot and 92 percent sold by value, establishing the highest total for any auction of Indian art and Mughal objects, and the second highest auction total for a private jewelry collection. Sale registrants came from 45 countries across five continents and the...Read More
The fourth edition of the Dubai Diamond Conference (DDC) will take place on September 26, 2019, at the Almas Conference Centre, Almas Tower, Dubai, United Arab Emirates. The one-day conference will gather global industry professionals to discuss the impact of technological innovation on the diamond industry, its supply chain and future prospects. Fluctuating prices and profitability combined with...Read More
Bank Windhoek, Standard Bank Namibia, RMB Namibia and South Africa's Absa Bank are reported to have joined Nedbank Namibia to raise around N$5,6 billion to finance the construction of Debmarine's new vessel, with Debmarine contributing N$1.4 billion. The investment is the biggest in the Namibian mining industry, and the biggest in the world's marine diamond mining sector. De Beers M...Read More
Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumThe company said on Thursday a minimal crew would remain at the mine and full operations would resume "once the safety and security of mine personnel and infrastructure" could be assured.Read More
Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumBarminco will work on the C$397 million Khoemacau "starter project" that involves underground mining of sulphide ores.Read More
Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumIn a joint statement released hours ago, unions 1, 2 and 3 said about 55% of the 2,742 members who voted on Saturday rejected the state-owned company's latest offer."Given this result, unions 1, 2 and 3 will remain on strike in Chiquicamata, seeking to access substantial improvements for the benefit of our workers," they...Read More
Geopolitical tensions in the Middle East showed no sign of abating over the weekend after the United States claimed that it had carried out a cyber-attack on Iranian weapons systems in retaliation for the latter shooting down a US drone last week. US secretary of state Mike Pompeo says additional sanctions on Iran could be implemented today, but US president Donald Trump appears ready to...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 5 points in pre-opening trade. Caesars Entertainment added $1.21 to $$11.20 after agreeing to a cash and share offer by Eldorado Resorts valued at $12.75 per share. Value of the offer is estimated at $17.3 billion.United Technologies (UTX $128.75) is expected to open higher after Cowen upgraded the stock to Outperform...Read More
PRIVATE BLOG – Gold Hits $1421 Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to learn more, please visit Ask-Socrates.com.https://ask-socrates.com/Read More
COMMENT: Mr. Armstrong; I want to salute you on creating Socrates. Its forecast on gold was remarkable. When gold was starting to breakout on May 31, Socrates wrote concerning your breakout points:We did close below the previous session’s Intraday Projected Breakout Resistance indicator which was 129370 settling at 129240 gesturing that the market is not in a breakout mode at that precise mo...Read More
In a column last week, I mentioned that my daughter was participating in the USA Surfing Championships. Well, I'm happy to say that she made the final for her age group and got invited to join the USA junior Olympic development team as well.Of course, not everything went perfectly.During the early part of her final heat, a massive set of waves came through and detonated on her and another competit...Read More
Angel Abbud-Madrid, director of the Center for Space Resources at Colorado School of Mines, was featured in a recent article on the tech news site Digital Trends about future employment opportunities beyond Earth. Mines is home to the world's first graduate program in space resources. "Want to work in the stars? Here are six future space jobs you could hold" appeared on the site June 22. From the...Read More
Greenland shines brightly in the rare earth spotlightSPONSOREDgreenland mineralsBlack Rock readies for race to graphite productionSPONSOREDblack rock miningE25 powering towards Butcherbird PFSSPONSOREDelement 25Finally, a changed mining tech M&A landscapeSPONSOREDatricoIn a nutshell, lithium hit a speed bump after travelling too far, too fast.Read More
Name King Ck Actor / Comedy /Youtuber /somali social media Pls Subscribe Like & ShareFadlan Haka ilaawin InaadDhahdo Share Like & CommentRead More
Name King Ck Actor / Comedy /Youtuber /somali social media Pls Subscribe Like & ShareFadlan Haka ilaawin InaadDhahdo Share Like & CommentRead More