March 27, 2019Toronto, Ontario (March 27, 2019) - Mega Uranium Ltd. (TSX: MGA) announces the results of its annual and special shareholder meeting held earlier today. Each of the nominees listed below was elected as a director by a show of hands of the majority of shareholders. The results of the shares voted in person or by proxy in respect of the election of each director are:NomineeShares V...Read More
RAPAPORT... A fancy-intense-blue diamond ring with an estimate of $2.5million to $3 million is on track to be the top seller at Sotheby's Magnificent Jewels auction in NewYork next month. The cut-cornered square modified brilliant-cut, 3.24-caratstone, flanked by two pear-shaped diamonds, will go under the hammer at the April17 sale, Sotheby's said Wednesday. Other notable pieces include a p...Read More
RAPAPORT... Silver-jewelry sales rose for the 10th consecutive year in 2018,according to research by the Silver Promotion Service (SPS). Some 52% of US jewelry retailers participating in the survey reported higher sales, withthe majority noting double-digit increases, the SPS reported. Younger customers and femaleself-purchasers were important sources of revenue, the jewelers noted....Read More
RAPAPORT... De Beers has sent out the final ore-haul truck from itsVictor mine in Canada, exactly 11 years to the day after the site's opening. The last load was driven by Nancy Wesley, who has worked asa haul-truck driver, dozer operator and production-drill operator at the minesince it opened, the company said last week. During the course of its operation, the mine was expandedfrom a 5-met...Read More
RAPAPORT... Baselworld will reduce booth prices by 10% to 30% at next year'sshow and move diamond dealers to a more attractive location, organizers have confirmed. Management will reopen Hall 2, which was empty at the 2019show, and place gem and pearl exhibitors in that area together with a newinnovation zone dedicated to smart watches and wearable devices. The plan asit stands would see the innov...Read More
Virtual Diamond Boutique (VDB), a sourcing and trading app for the jewelry industry, has added lab-grown diamonds (LGDS) to its product categories. The LGD products will be segregated from mined diamonds, but will offer all the visual and technical search, buy, hold, and memo features of the VDB platform. "This may be viewed as a controversial move by some in the jewelry industry," said Tanya Nisg...Read More
Laurelton Diamonds Belgium BVBA will be holding the viewings of its next tender of rough and sawn diamonds at the Antwerp Diamond Tender Facility, Belgiumi in April. Laurelton, a subsidiary of Tiffany & Co, is a rough diamond manufacturing and trading company with operations across the globe. The company procures rough diamonds and manages the worldwide supply chain that cuts, polishes and sup...Read More
Prices of small polished diamonds, also called melees, are expected to drop further in the next three, to four months as diamond manufacturers in Surat are selling off their inventories at discounts of 30 to even 40 percent to pay of loans they have taken with their local banks, The Times of India reports. The newspaper said that banks have given their diamond manufacturing clients until the end o...Read More
Berenberg, Germany's oldest owner-managed private bank, has downgraded the ratings of several junior miners, among the Gem Diamonds, and reduced its target prices for others such as Petra Diamonds and Firestone Diamonds PLC and has published "a cautious note on the gemstone sector," Proactiveinvestors of the UK reported on its website. "The German bank cut its stance on Gem to 'hold'...Read More
Eastern promise for PolarXSPONSOREDpolarxAltech ticks boxes on path to production SPONSOREDaltech chemicalsMining Journal caught up with CEO Sam Spring and chairman Cameron McRae in London to hear about the company's plans for the year and how they find working in Mongolia.Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 6 points in pre-opening trade. Index futures were virtually unchanged following release of the January trade deficit report. Consensus was $57.50 billion versus $59.80 billion in December. Actual was $51.1 billion.The Canadian Dollar was virtually unchanged following release of Canada's January trade deficit report. C...Read More
Any simpleton can recognize an unfolding calamity…The two trains about to collide, the twister racing for the schoolhouse, the betrayed lover with a finger on the trigger.But you require a wider vision to perceive the chains of disaster coming together... link by fateful link…When a conductor gets his signals crossed, when the winds take a fatal shift, when someone takes the first bite...Read More
Americans seek health care in other countries for numerous reasons. Some are immigrants who prefer providers from a similar culture. Others might want a procedure that is not available in the U.S. However, the biggest factor motivating them is cost. In the U.S. we have the most expensive health care system in the world. It's not difficult to find countries that offer procedures at 30%-65% of the c...Read More
I’ve got a confession to make: I’m a terrible landlord.No, I don’t own a run-down apartment complex where people have to deal with poor living conditions. Quite the opposite in fact!When we outgrew our old home when our fourth child was born, I kept the house intending to make some extra income by renting it out. I thought it would be easy money!Boy was I in for a surprise...As I...Read More
This mini-podcast features Franco-Nevada chairman Pierre Lassonde speaking at the Canadian Mining Hall of Fame 2019 induction ceremony in Toronto, telling the story of a chance meeting he had with Barrick Gold geologist Brian Meikle that forever changed Pierre's life and Franco Nevada's fortunes.During the Hall of Fame ceremony, the late Brian Meikle was one of five inductees for his major gold di...Read More
Troubadour Resources (TSXV: TR; US-OTC: TROUF) is midway through a due diligence program on its 13-sq.-km Privateer gold property near the town of Zeballos, on Vancouver Island's northwest coast. In March 2019, the company signed a Letter of Intent to acquire the property, and says its initial review indicates the potential to expand known veins around past-producing mines on the property."What's...Read More
First Mining Gold (TSX: FF; US-OTC: FFMGF) has updated the resource estimate at its Goldlund gold project in northwestern Ontario. The company added 248,700 oz. gold to its indicated resource but lost 628,400 oz. gold from its inferred resource.The project now contains 12.8 million indicated tonnes grading 1.96 grams gold for 809,200 oz. gold. It previously contained 9.3 million indicated tonnes a...Read More
After a 20,000-metre drill program last year at its Phoenix project in Red Lake, Ont., Rubicon Minerals (TSX: RMX; US-OTC: RBYCF) has increased measured and indicated resources by 110% to 589,000 oz. gold compared with the earlier estimate of 281,000 oz. gold, while gold grades fell 2% to 6.26 grams gold per tonne from 6.37 grams gold.Inferred resources fell 28% to 540,000 oz. gold compared to the...Read More
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Brandon Begin rolled through The Building distribution to freshen up his bike with a brand new Scumbag frame, Scumbag bar and Shiv V.3 fork. With a little help from Ethan Corriere, they got the new steed built up and boy does it look good! Don't forget to subscribe and drop a comment below for a chance to win Begin's personal Scumbag frame and bar!Parts -Scumbag Frame: https://fitbikeco.com/shop/f...Read More