Recent News

De Beers Reduces Sightholder Supply

April 08, 2019 / www.diamonds.net

RAPAPORT... De Beers sightholders are bracing for lower rough supplyfor the rest of 2019 as the miner reduces its production and fulfills itscommitments to support local manufacturing in Africa.The company expects production to drop as its Victor minein Canada closes and the Venetia operation in South Africa shifts from open-pitto underground mining. It has predicted output of 31 million to 33 mil...Read More

Firestone Diamonds Recovers 72ct. Yellow

April 08, 2019 / www.diamonds.net

RAPAPORT... Firestone Diamonds has unearthed a 72-carat rough yellowstone from its Liqhobong mine in Lesotho, along with two other largegem-quality diamonds. The miner also found a white stone weighing 22 carats and an11-carat, fancy-light-pink diamond, it said Monday. "It was a good weekend for us, recovering the 72-caratdiamond as well as the two smaller, high-quality stones from within the nor...Read More

New Israel Bourse Tower Will Be Nation's Tallest

April 08, 2019 / www.diamonds.net

RAPAPORT... The Israel Diamond Exchange (IDE) plans to expand itspremises into three new towers, one of which will be the tallest building inthe country and among the 10 highest in the world. The bourse will build the 120-story tower within the IDEcomplex in Ramat Gan, along with two skyscrapers reaching 77 and 88 stories.The new buildings will increase the bourse's current space from 100,000 to80...Read More

Anglo American chief defends diamond business

April 08, 2019 / www.idexonline.com

Mark Cutifani, chief executive of Anglo American, has mounted a strong defense of the diamond industry, saying the benefits of digging gems out of the ground should not be underestimated. Speaking during Anglo American's sustainability briefing earlier this month Cutifani was asked if there was any social benefit to diamond mining.  Mark Cutifani consequently pointed to Botswana, where its De...Read More

Firestone Diamonds mines a 72-carat yellow

April 08, 2019 / www.idexonline.com

Firestone Diamonds recovered a 72-carat yellow, makeable diamond from its Liqhobong Mine in Lesotho, earlier this month. The stone was recovered together with a 22-carat makeable colorless stone, and a 11-carat fancy light-pink stone. These diamonds will go on sale at Firestone's next tender in May 2019. This is the second 70+ carat stone recovered from the operation during his calendar year. In...Read More

National Bank of Fujairah opens new office in Antwerp diamond quarter

April 08, 2019 / www.idexonline.com

National Bank of Fujairah (NBF) PJSC inaugurated its first international representative office in Antwerp's Diamond District. The opening ceremony was attended by HE Mohamed Issa Hamad Abushahab, Ambassador of the United Arab Emirates to the Kingdom of Belgium, representatives from NBF Board and senior management, representatives of Antwerp's diamond industry and trade and of Antwerp's Municipalit...Read More

ALROSA and Endiama sign MOU

April 08, 2019 / www.idexonline.com

Alrosa's CEO Sergey Ivanov and Chairman of the Administrative Council of Endiama Jose Ganga Junior signed a Memorandum of Understanding, in the presence of President of the Russian Federation Vladimir Putin and President of the Republic of Angola Joao Louren?? ?o. ALROSA and Endiama aim to strengthen the economic, scientific and technological cooperation between the two companies. They seek...Read More

OroArezzo exhibition opens, government pledges to advance jewelry sector's ties with China

April 08, 2019 / www.idexonline.com

The 40th edition of OROAREZZO opened at at Arezzo's Fiere e Congressi on April 4th. Prof. Michele Geraci, Italy's Foreign Trade Undersecretary, gave the key note address during the opening ceremony. The show aims to showcase "the very best of Made in Italy jewellery???,? ?on the international market." In his address, Enrico Rossi, President of the Tuscany Region said: "Oroarezz...Read More

Metal prices enjoy follow-through buying on positive sentiment

April 08, 2019 / www.metalbulletinresearch.com

Progress in US-China trade negotiations over the weekend helped push up base metals prices on the London Metal Exchange in early morning trading on Monday April 8. Further progress on US-China trade negotiations was reported over the weekend by Chinese state media CCTV. The overall tone was positive, with CCTV claiming that both sides are working on a draft to address technology transfers, pr...Read More

Copper needs 75% of pipeline to go into production

April 08, 2019 / www.mining-journal.com

Eastern promise for PolarXSPONSOREDpolarx"[Brownfield] expansions will keep pace with demand until early next decade ... but as demand increases to 22.5Mt by 2025 the gap will be 2.Read More

Chile aims to be global exploration leader

April 08, 2019 / www.mining-journal.com

Eastern promise for PolarXSPONSOREDpolarx"We want to assure Chile is a leader in the discovery of new deposits and position it as an attractive destination for investment by juniors, facilitate their financing in the local market and openRead More

Tech Talk for Monday April 8th 2019

April 08, 2019 / www.timingthemarket.ca

Following is a link:http://www.equityclock.com/2019/04/05/stock-market-outlook-for-april-8-2019/Note seasonality charts on the VIX Index, U.S. Energy sector, Non-farm Payrolls and Canadian Employment.  WALL STREET RAW RADIOSATURDAY, APRIL 6, 2019WITH YOUR HOST, MARK LEIBOVITSPECIAL GUESTS: DON VIALOUX, HARRY BOXER, SINCLAIR NOE AND RALPH CASE  http://tinyurl.com/y42lrt3r Excerpts fr...Read More

Arc starts production at Kalaba demo pilot plant

April 08, 2019 / www.mining-journal.com

Eastern promise for PolarXSPONSOREDpolarxThe plkant was successfully commissioned under budget for US$500,000, according to executive chairman Nick von Schirnding. Arc previously commissioned the 10,000 tonnes per month front-end of the plant, including two crusher units, screens, ball mill and conveyors, in December.Eastern promise for PolarXSPONSOREDpolarxArc is now busy finalising det...Read More

Freeport-funded drilling target 'compelling'

April 08, 2019 / www.mining-journal.com

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipAlkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesGlobal Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corpThe highlight of the seven holes drilled was 7.3m at 0.18% copper and 3.22g/t gold, or 2.39...Read More

Am I a Horrible Dad? Plus, 4 Principles to Guide Your Children Towards Financial Success

April 08, 2019 / dailyreckoning.com

Even after they’ve grown up, your kids still probably ask you if they can “borrow a few bucks” every now and then.According to Barron’s, nearly 80% of parents give some financial support to their adult children.Whether it’s money toward a new car... help with a medical bill... or even just keeping them on the phone plan, you’re probably included in that number i...Read More

DIY or Hire a Pro? 3 Factors to Consider

April 08, 2019 / dailyreckoning.com

I read a funny comment on a message board recently about do-it-yourself landscaping. The comment said:"DIY is fine, if you're happy with it taking twice as long, resulting in half the quality." As a self-proclaimed cheapskate, I have to disagree. However I have seen my fair share of DIY projects go sideways to know where this person is coming from. A few years ago my neighbor rented a Bobcat and n...Read More

Chemical engineering senior to present research on Capitol Hill

April 08, 2019 / www.minesnewsroom.com

Kristen Hietala, a senior majoring in chemical engineering, has always been interested in the natural environment around her."When I was little, I used to get Ranger Rick, a kids nature magazine," she said. "Ever since I was little, I've loved being outdoors and doing camps."So, working on renewable energy research as an undergraduate at Mines just made sense, she said."I just wanted to do somethi...Read More

TSX Venture posts marginal gain, April 1-5: Cantex, Filo, Ximen

April 08, 2019 / www.northernminer.com

The S&P/TSX Venture Composite Index rose 0.47% to 629.81.Cantex Mine Development - whose chairman is Charles Fipke - posted the biggest gain, rising 94 ? to $3.43. The company announced on March 29 that it had closed the final tranche of its previously announced private placement for gross proceeds of $2.51 million. Combined with the first and second tranche of the placement, proceeds stand at $15...Read More

Raymond James raises gold, copper forecasts, lowers uranium

April 08, 2019 / www.northernminer.com

Brian MacArthur of Raymond James is increasing his price forecasts for gold, copper, zinc and coking call and lowering his estimate for uranium.The mining analyst has revised his average gold price for 2019 to US$1,301 per oz. from US$1,293 per oz. "primarily on the back of incrementally dovish commentary from Central Banks suggesting that global monetary policy will remain accommodative thereby k...Read More

TSX rises, April 1-5: Kirkland Lake, Labrador Iron Ore, North American Palladium

April 08, 2019 / www.northernminer.com

The S&P/TSX Composite Index rose 1.83% to 16,396.15. Spot gold finished the week at US$1,291.40 per oz., down 60 ? from the previous week. The S&P/TSX Global Gold Index rose 0.91% to 197.13, and the S&P/TSX Global Base Metals Index increased 4.27% to 123.84.Kirkland Lake Gold topped the value charts during the trading week with a gain of $2.56 to $43.20. The company reported first-quarter producti...Read More

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