RAPAPORT... Manufacturing Jewelers & Suppliers of America (MJSA) has developed a new mentoring and apprenticeship program to help the industry attract and train workers.The initiative aims to counter the severe labor shortage the trade is currently experiencing due to the "Big Quit," MJSA said last week. The program will provide businesses the tools they need to recruit and train apprentices.I...Read More

(IDEX Online) - Young adults are more likely to buy a lab grown than a mined diamond, says new research.Forty-four per cent said they'd opt for a lab grown, compared to 32 per cent who said they'd buy a mined diamond. The remaining 22 per cent were unsure.Size and price were the key factors for Millennial and Gen-Z shoppers, according to market research company the MVEye, which quizzed 7...Read More

(IDEX Online) - Two thirds of Tiffany & Co employees have left the company since the LVMH buyout last January.The current workforce is "one-third original Tiffany staff, one-third LVMH veterans, and another equal share coming from outside both companies," says the fashion Bible WWD, after an interview with the jeweler's president and CEO Anthony Ledru.He said: "We are living in a fast-mov...Read More

(IDEX Online) - An extremely rare 8.82-ct fancy intense purple-pink pear modified brilliant-cut diamond, set in a platinum ring with two smaller stones, is to be auctioned with a high estimate of $6m.It is among the highlights at Christie's Magnificent Jewels auction in New York on 13 April.The Fuchsia Rose diamond (pictured) is certified by GIA as "VVS1 clarity, potentially Internally Flawle...Read More

RAPAPORT... Hong Kong-based retailer Chow Sang Sang has officially entered the lab-grown space, creating an e-commerce site that connects consumers with synthetic-diamond brands.The site, called The Future Rocks, features brands from the US, the UK, Israel, Japan and other countries, Chow Sang Sang said Wednesday in its annual results announcement.Retailers in greater China have started dipping th...Read More

The funds are being raised through a private placement with the Lind Global Fund II, LP, and is to comprise an initial C$3 million investment, followed by C$7 million of additional investments upon mutual agreement. For the initial C$3 million, Candente is to issue Lind convertible security with a value of C$3.6 million and a 24-month maturity date. The company will concurrently issue wa...Read More

U.S. equity index futures were higher this morning. S&P 500 futures were up 28 points at 7:30 AM EDT.The February Durable Goods Orders report is scheduled to be released at 8:30 AM EDT. Consensus is a drop of 0.6% versus a gain of 1.6% in January. KB Homes dropped $1.48 to $34.49 after reporting less than consensus first quarter revenues and earnings. Spotify gained $1.08 to $149.65 after the...Read More

The stars are aligning for gold. A combination of geopolitical tumult, supply chain problems and inflation all point to much higher gold prices. Today, I'll break it all down.If you believe that the war in Ukraine will end soon, that global supply chains will heal quickly and that inflation is transitory, then you're probably in for a rude awakening. In fact, none of those things is likely.Even if...Read More

Spread the loveThe outrageous sanctions imposed by Biden on Russia has undermined the entire world economy. Sanctions have never worked and this time they were designed to try to hurt the Russian people so profoundly that they would overthrow Putin – regime change. The Ukrainians are even naming Alexander Bortnikov, the Russian Director of the Federal Security Service and a member of Putin's...Read More

The London-quoted equity of Atlantic Lithium (AIM: AAL) has more than doubled over the past 12 months after the company reported on March 24 a new resource estimate on the Ewoyaa deposit in Ghana had expanded the compliant resource base by 42%.Sitting within the company's Cape Coast Lithium Portfolio, the West Africa asset now sports a Joint Ore Reserves Committee-compliant indicated and inferred...Read More

About 70% of Canadians born in the mid-1990s aren't interested in pursuing careers in the mining or oil and gas industries reveals a new survey, based on 148 'Generation Z' respondents from school and universities. The global study by BDO, an accounting and business advisory group, also states that nearly half of the world's natural resources organizations find it difficult to attract and retai...Read More

Market analyst Wood Mackenzie warns that the ongoing metals and mined commodity price spikes, combined with heightened geopolitical tension, could result in long-lasting market changes.In recent months, factors including the Russia-Ukraine conflict, stimulated economies, thriving post-pandemic demand, and ongoing Covid constraints on logistics have put supply chains under immense stress, triggerin...Read More

New Found Gold (TSXV: NFG) has released assay results from 23 diamond drill holes designed to expand the high-grade gold mineralization at the Golden Joint and Lotto discoveries, located within a 1-km segment of the Appleton fault zone (AFZ).This corridor is part of more than 20 km of prospective strike along the regional-scale Appleton and JBP fault zones on the the company's flagship Queensway p...Read More

Hochschild Mining's (LSE: HOC) rare earths spin-off Aclara Resources (TSX: ARA) has withdrawn an environment impact assessment (EIA) application for its Penco Module project in central Chile to resolve issues raised by the South American nation's government on the protection of local flora and fauna. The company, which is focused on developing rare earth mineral resources and providing a supply...Read More

The London-quoted equity of Ariana Resources (AIM: AAU) gained more than 10% on Thursday after it announced an exploration alliance with the world's biggest gold producer, Newmont Corp (NYSE: NEM, TSX: NGT).The alliance will focus on copper and gold exploration in south-eastern Europe via Ariana's 75%-owned Western Tethyan Resources (WTR) subsidiary, focusing on prospective regions within Bosnia a...Read More

Wallbridge Mining Company (TSX:WM; OTC: WLBMF) has finished the underground development allowing it direct access to the Area 51 zone at its flagship Fenelon gold project. The deposit is 75 km northwest of Matagami in northern Quebec.The company calls reaching the Area 51 zone a 'significant milestone' in that it allows tightly spaced underground drilling, geologic mapping and grade control sampli...Read More

European economies face the risk of a shortage of diesel, the preferred fuel for heavy industry, as sanctions on Russian energy threaten to disrupt imports while supply from elsewhere remains limited.Read full newsRead More

Ukraine bears the scars of Russian occupation. But the worst wasn't from war.By some estimates, 3.9 million died in Ukraine, or about 13% of the population, across just two "peacetime" years.Ukraine faced a multiyear famine under Stalin known as the Holodomor - a portmanteau of the Ukrainian words for "starvation" and "to inflict death" - which peaked in 1932 and 1933.No sieges, no artillery or ro...Read More

JP Morgan and Evercore ISI were lead underwriters.Aside from the underwriters, investors bought $113.75 million worth of shares priced at $65 each.Piedmont will use the funds to restart operations at North American Lithium in Quebec - where it has a 37% interest - as well as fund exploration and feasibility studies on its other assets in North America and Ghana.The cost to restart is yet to be def...Read More

The increase stood at 106% and the company's CEO, Jim Paterson, said that several of the zones that form part of the resource estimate remain "wide open" for expansion in future drillRead More