Weak sentiment, withmanufacturers under pressure due to sluggish polished demand and tight profitmargins. Factories operating at reduced capacity, and some manufacturersslashing salaries of polished workers. Fewer foreign buyers in Mumbai after LasVegas shows. Steady orders for 0.30 to 0.99 ct., G-J, VS-SI diamonds, butprices continue to soften. Concern that rising demand for synthetics iscannibalizing small-stone market.
Round
Recent NewsGold miner stock ETFs outpace rest of sector from mid-2024January 27, 2025 / www.canadianminingreport.com
Gold stocks outpace broader equity gainsJanuary 27, 2025 / www.canadianminingreport.com
Gold stocks rise but lag broader equity gainsJanuary 20, 2025 / www.canadianminingreport.com
Wesdome, Seabridge and Skeena report outstanding drill resultsJanuary 20, 2025 / www.canadianminingreport.com
Smaller juniors still financed even in more cautious marketJanuary 13, 2025 / www.canadianminingreport.com
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