RAPAPORT... Consumers are increasingly turning to branded jewelry in search of trustworthy products with clear origins, according to De Beers' latest Diamond Insight Report.Environmental concerns, social movements and the Russia-Ukraine crisis have sharpened the focus on provenance and sustainability. Demand for dependable labels has grown, as has the added value they command over unbranded i...Read More
RAPAPORT... The US branch of Swiss watch and jewelry retailer Bucherer has acquired Leeds & Son, aiming to expand its presence within the US market.California-based Leeds & Son is a family-owned fine-jewelry and watch retailer, carrying brands including Rolex, Patek Philippe and Messika, Bucherer said last week. The company, founded in 1947, is run by CEO Terry Weiner. In 2018, Bucherer bo...Read More
(IDEX Online) - The GIA has joined the Watch & Jewellery Initiative 2030 (WJI 2030), founded last October as a movement for positive change in the industry.It said the move was an extension of its commitment to a more sustainable future for the world, our industry and for the Gemological Institute of America (GIA).The Geneva-based WJI 2030, established by Cartier and Kering, focuses on buildin...Read More
(IDEX Online) - Two landmark pink diamonds are to be sold within a week.Christie's Geneva today announced details of the forthcoming sale of the 18.18-ct Fortune Pink, the largest pear-shaped fancy vivid pink diamond ever to be auctioned.It will be offered for sale on 8 November with an estimate of CHF25m to CHF35m (just over $25m to $35m).Then, separately, on 15 November, Angola's state...Read More
Cerrado eyes feasibility study for Brazil assetSPONSOREDcerrado goldTENDER FOR THE EXPLOITATION OF THE BAUXITE BLOCK OF SANTOU (TELIMELE), GUINEASPONSOREDcenter for mining promotion and development (cpdm)OREN driving tailings facility operators to be proactive in managing riskSPONSOREDorenExcitement as Alma Metals raises funds for more copper exploration SPONSOREDalma metalsAn employee of contract...Read More
Look beyond market approach to project valuations: van ZylLeadershipCerrado eyes feasibility study for Brazil assetSPONSOREDcerrado goldTENDER FOR THE EXPLOITATION OF THE BAUXITE BLOCK OF SANTOU (TELIMELE), GUINEASPONSOREDcenter for mining promotion and development (cpdm)OREN driving tailings facility operators to be proactive in managing riskSPONSOREDorenOver-boarding is a phenomenon which sees r...Read More
"We do continue to feel the effects of dislocations in the global economy on our business - in energy and across supply chains and labour markets - and are planning accordingly for 2023, confident inRead More
FCX executives had recently visited Ascaro's Hayden site to appraise the operation, Bloomberg quoted unnamed people familiar with the matter as saying.Read More
The firm also warned of lower than expected copper production at its flagship Quebrada Blanca Phase 2 (QB2) copper development in northern Chile and higher capital expenditure.Read More
"Despite persistent inflationary conditions, Lundin Mining generated adjusted EBITDA of over US$200 million and $180 million of adjusted operating cash flow, demonstrating the quality of our portfolioRead More
U.S. equity index futures were higher this morning. S&P 500 futures were up 4 points at 7:30 AM EDT.Traders are waiting for U.S. economic news released at 8:30 AM EDT. Consensus for first estimate of third quarter real GDP is growth at a 2.1% rate versus a decline of 0.6% in the second quarter. Consensus for September Durable Goods Orders is an increase of 0.5% versus a decline of 0.2% in Augu...Read More
"A superpower declared war on a great power and nobody noticed."This is the studied conclusion of journalist Edward Luce, unfurled in a recent Financial Times column. The war-declaring superpower in this instance is the United States. The declared-against great power is the People's Republic of China.Like an Easter egg laid strategically in high grass... the unnoticed war declaration lies obscure...Read More
(TheNewswire) TSXV:NRG ) (OTC :NRGOF ) ( Frankfurt:X6C) Newrange Gold Corp. (Read full newsRead More
In one of my favorite movies, Braveheart, King Edward I muses:"The French will grovel to anyone with strength, but how will they believe our strength when we cannot rule the whole of our own island?"His point was simple... If we can't reign in a renegade province at home, how can we project strength to the rest of the world?Well, China feels the same way about Taiwan. To them, Taiwan is and alwa...Read More
We spoke with Colin Moorhead, who's Executive Chairman and Managing Director of Xanadu Mines (ASX: XAM, TSX: XAM), a company that discovers, defines, and develops globally significant porphyry copper-gold deposits, in Mongolia. The Company owns a multi-stage portfolio of projects, with the flagship Kharmagtai copper-gold project, located in Omnogovi Province, approximately 420km southeast of Ulaan...Read More
Have we officially burned our bridge with Saudi Arabia?Although the latest feud between the White House and Saudi officials may feel new, the truth is that this spat has been a long time coming. Care to take a guess at how long this schism has been going on? Some of my younger readers may not remember the days when the U.S. was shackled to OPEC oil. Back in 2008, U.S. oil output barely averaged...Read More
Wall Street Silver, Released on 10/28/22Alasdair Macleod returns to the show to break down the UK's situation as the Bank of England intervenes to stabilize the economy as the pound crashes. Furthermore, we discuss the Housing Market, Fed's rate hikes, and the Gold and Silver outlook for the months ahead.Alasdair Macleod is head of research for GoldMoney. Alasdair has been a celebrated stockbroker...Read More
WTFinance, Released on 10/28/22On todays episode of the WTFinance Podcast I had the pleasure of welcoming back Doomberg - the famous green chicken highlighting the fundamentals missing from many economic and policy decisions, specifically in the energy markets. We talked about the overall energy market, how winter ends in Europe, why negative gas prices in Europe aren't telling the whole story, "W...Read More
Wealthion, Released on 10/28/22For Part 1 of this interview, CLICK HEREJim Grant is the world's foremost expert on interest rates. Their swift & violent rise around the world has injured stock prices & Jim doesn't think the carnage in equities is over yet. But the bond market is looking more attractively priced to him than it has in a decade.James "Jim" Grant is an American writer and publisher an...Read More
The LaRouche Organization, Released on 10/28/22Yesterday's extraordinary dialogue of legislators organized by the Schiller Institute (linked below) offers a glimpse into how real adults respond to crisis, not with macho bravado but with genuine concern for the interests of others - the Westphalian Principle, rejected by Tony Blair and today's War Hawks. Sixty years ago today, Soviet leader Krushch...Read More