OTTAWA - Late last month the Tax Court of Canada ruled in favour of Cameco (TSX: CCO; NYSE: CCJ) in the company's decade-long dispute with the Canada Revenue Agency over tax reassessments for the 2003, 2005 and 2006 tax years.Now the CRA says it plans to appeal the decision with the Federal Court of Appeal, a process Cameco estimates would take about two years.Decisions of the Federal Court of A...Read More

RAPAPORT... Petra Diamonds has appointed former De Beers executive VardaShine as a non-executive director in line with a plan to refresh its leadership,the miner said Monday. Shine was CEO of the Diamond Trading Company - now DeBeers Global Sightholder Sales - between 2006 and 2014, during which sheoversaw the division's move from London to Gaborone. She is currently an independent director of th...Read More

RAPAPORT... De Beers has signed up Alrosa to its blockchain pilot, bringingthe world's two largest diamond producers together for the source-verificationproject. "We believe tracing requires industry cooperation andcomplementation for the sake of a common goal," Alrosa CEO Sergey Ivanov said ina statement Monday. De Beers' Tracr platform tracks diamonds from the miningstage to finished jewelry usi...Read More

RAPAPORT... Lucapa Diamond Company's sales fell 49% year on year inthe third quarter as the miner withheld a parcel of large stones until afterAngola's new marketing policy goes into effect. Revenue came to $4.5 million from two tenders during thethree months ending September 30, the company reported Monday. Sales volumesdeclined 4% to 5,058 carats, while the average price fell 47% to $893 percara...Read More

Russian diamond miner Alrosa has joined the Tracr diamond industry blockchain traceability platform that fellow miner De Beers is developing.Alrosa’s involvement brings the world’s two largest diamond producers together in the pilot programme that aims to provide enhanced assurance for consumers and trade participants about the authenticity of their diamonds.Advertisement“To prov...Read More

(IDEX Online) - Blue Nile, Inc. the largest online retailer of certified diamonds and fine jewelry, has opened a new facility for its Diamond and Jewelry Consultants, continuing the brand's commitment to providing the industry's most advanced service.   At the forefront of innovation, the facility was designed to increase productivity and continue the award-winning customer service...Read More

(IDEX Online) - Yoram Dvash, President of the Israel Diamond Exchange (IDE), has been appointed to head a new committee of the World Federation of Diamond Bourses (WFDB) to undertake strategic initiatives to advance the global industry, the IDE said in a statement.   The new appointment was announced during the World Diamond Congress in Mumbai, which concluded last week.   IDE President...Read More

The Star Diamond Corporation has received environmental approval from the Saskatchewan government for its Star-Orion South project, near Prince Albert.The project already has a positive federal environmental assessment decision in the bag.AdvertisementThe company recently announced the positive results of the independent preliminary economic assessment on the project, which estimates that 66-milli...Read More

(IDEX Online) - The GIA announced that Alrosa, the world's largest producer of rough diamonds, is piloting the Institute's M2M program.   "The M2M program is a way to share with the consumer the story of our diamonds," said Sergey Ivanov, CEO of Alrosa. "The creation of tracing systems is an important step in confirming diamond provenance, which will have benefits for industry participants, r...Read More

(IDEX Online) - Lucapa Diamond Company and the government of Lesotho have received an approved Term Sheet from the Industrial Development Corporation of South Africa Limited (IDC) for a ZAR100 million (US$7 million) development facility for the Mothae diamond mine in Lesotho.   Lucapa owns 70% of the operation, while the government of Lesotho owns the remainder.   The financing agreement...Read More

White Rock sets cracking Alaska pace in first field seasonSPONSOREDwhite rock minerals Bezant was a bona fide market darling back in 2007, with the company's share price peaking at £120 on the strength of the company's ownership of the Mankayan deposit, in a long-established mining district about 250km by road north of Manila.The excitement was justified. A nine-hole drill program by Bezant...Read More

U.S. equity index futures were higher this morning. S&P 500 futures gained 26 points in pre-opening trade. Index futures were virtually unchanged following release of economic news at 8:30 AM EDT. Consensus for September Personal Income was an increase of 0.3% versus an upwardly revised gain of 0.4% in August. Actual was an increase of 0.2%. Consensus for September Personal Spending was an inc...Read More

When will the strong dollar weaken? Ultimately, the answer is whenever the Treasury wants.When the Treasury is not overly concerned with the dollar, market forces can prevail to raise or lower the exchange rate compared with euros, Swiss francs, yen or any other currency.Sometimes, other central banks intervene to raise or lower their currencies relative to the dollar and the U.S. does not seem to...Read More

The great Chinese growth slowdown has been proceeding in stages for the past two years. The reason is simple. Much of China's "growth" (about 25% of the total) has consisted of wasted infrastructure investment in ghost cities and white elephant transportation infrastructure.That investment was financed with debt that now cannot be repaid. This was fine for creating short-term jobs and providing bu...Read More

As retirement nears for millions of Baby Boomers, they are scrambling for deck chairs on the Titanic.For about 40 years now I have been watching a major financial disaster developing. Its contributing factors include the shaky financial foundations of Social Security and Medicare, compounded by most Americans’ lack of financial education and entitlement mentality.When President Franklin D. R...Read More

Calgary, Alberta (October 29, 2018) - PRIZE MINING CORPORATION ("Prize" or the "Company") (TSXV:PRZ) (OTCQB:PRZFF) (MQSP:GR:FRANKFURT) is pleased to announce that it has retained the engineering and geological consulting firm, Stantec Consulting Ltd. to complete a regional and property-scale data compilation. This project will include such datasets as regional magnetics, gravity, property-scal...Read More

A pair of Colorado School of Mines-led teams have been awarded more than $2 million by the U.S. Department of Energy for research that could lower the cost of solar electricity.Greg Jackson, professor of mechanical engineering, and Xerxes Steirer, research assistant professor of physics, are the lead investigators on the two projects, which are part of a $53 million investment by DOE's Solar Energ...Read More

Not well-known outside his backyard of Western Australia, Ellison is founder and third-largest shareholder in Mineral Resources, a company with a diverse portfolio of iron ore and lithium-mini...Read More

PolarX builds bigger, richer Zackly pictureSPONSOREDpolar x limitedGalan Lithium scores coup in Argentina's 'Pilbara of lithium'SPONSOREDgalan lithiumWhite Rock sets cracking Alaska pace in first field seasonSPONSOREDwhite rock minerals Burns spoke with Mining Journal in a series of interviews for the title's Mining Disrupted series of reports."There are so many sexy technologies," sh...Read More

MINING.com editor Frik Els gives a speech on battery metals at the 2018 Progressive Mine Forum in Toronto, presented by The Northern Miner and Canadian Mining JournalRead More