Recent News

Grown Versus Mined: The Retail Battleground

October 20, 2022 / www.diamonds.net

RAPAPORT... Is the growth in lab-created diamonds being driven by consumer desire or the retail jeweler's sales pitch? The question arose in a recent episode of the Rapaport Diamond Podcast, as well as in a webinar panel discussion Rapaport hosted earlier this year with lab-grown producers and marketers.The podcast guest was Kieron Hodgson, managing director and research analyst for commodities an...Read More

9.7Mt new copper supply needed - WoodMac

October 20, 2022 / www.mining-journal.com

To do so would require the sector "to deliver new projects at a frequency and consistent level of financing never previously accomplished," it said, with more than US$23 billion of investment a yearRead More

Swiss Watch Exports Clock Near-Record High

October 20, 2022 / www.diamonds.net

RAPAPORT... Shipments of Swiss watches rose 19% year on year in September, achieving one of the highest totals in history amid increased US demand.Total exports for the month came to CHF 2.24 billion ($2.23 billion), the Federation of the Swiss Watch Industry reported Thursday.Supply to the US, the sector's largest market, grew 33% to CHF 367.8 million ($366 million), while orders to China climbed...Read More

AGS Laboratories to Integrate with GIA

October 20, 2022 / www.diamonds.net

RAPAPORT... The American Gem Society (AGS) will close its laboratory operations at the end of this year, with the Gemological Institute of America (GIA) taking on elements of the organization.AGS Laboratories' intellectual property (IP), technology, research staff and Las Vegas facility will become part of the GIA, the two organizations announced Wednesday. AGS Laboratories will continue...Read More

NPV is no guide to valuation

October 20, 2022 / www.mining-journal.com

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)Metal Bank draws on experience as resource upgrades nearSPONSOREDmetal bank limitedASX listed Heavy Minerals is managing a garnet project at Port Gregory, about 50 kilometres along the coast north...Read More

AGS Lab to be "Integrated Into GIA"

October 20, 2022 / www.idexonline.com

(IDEX Online) - The GIA, industry leader in diamond grading, is taking over the work of AGS Laboratories in what is being described as a strategic collaboration.The AGS Laboratories research staff, intellectual property, technology and Las Vegas facility will integrate into GIA, says a joint statement issued yesterday.Both the American Gem Society (AGS) and GIA (Gemological Institute of America) a...Read More

Rio Tinto Unveils $3.75m Argyle Legacy Ring

October 20, 2022 / www.idexonline.com

(IDEX Online) - Rio Tinto has unveiled its first piece of jewelry in its Argyle Pink Diamonds Icon Partner program.It's a one-off $3.75m ring handcrafted with 3.42 carats of pink, red and blue diamonds from the iconic Australian mine, which closed in November 2020 after reaching the end of its life.The Argyle Romantica, created by Singapore-based John Glajz, is part of a strategy to protect t...Read More

Diamcor Produces More Carats, More Specials

October 20, 2022 / www.idexonline.com

(IDEX Online) - Canadian junior miner Diamcor says it is refining its operation in South Africa and is producing more carats and more specials.It reported yesterday that it had delivered 5,593 carats of rough diamonds for its first tende3r of the quarter, from processing quarry material at the Krone-Endora at Venetia Project."The total includes several individual gem quality diamonds in the Specia...Read More

Boliden results show impact of higher power prices

October 20, 2022 / www.mining-journal.com

In terms of production, strikes in Norway hampered zinc supply in September, with the company's Odda smelter coming offline for 10 days.Read More

Jordan Roy-Byrne: Another Sign of Secular Bear Market in Stocks

October 20, 2022 / marketsanity.com

The Daily Gold, Released on 10/20/22Commodity prices recently broke out to a new all time high for the first time in a decade. This is typically a signal of a new secular bull market in commodities and it coincides with a new secular bear market in stocks. Furthermore, the weighting of energy and mining in the S&P 500 is historically extremely small. It was at an all time low only two years ago. E...Read More

Paul Craig Roberts: There has been a coup, and it appears nothing can be done about it

October 20, 2022 / marketsanity.com

Institute for Political Economy, Released on 10/20/22If the Democrats fail to Continue... Paul Craig Roberts: There has been a coup, and it appears nothing can be done about it added by Herman James on 10/21/2022View all posts by Herman James ?+'Read More

Armstrong: Biden Has Ensured the Fall of the USA

October 20, 2022 / marketsanity.com

Armstrong Economics, Released on 10/20/22All they need do is cut off all oil again, the US will crumble, and your very job will be at risk if companies can no longer function. Continue... Armstrong: Biden Has Ensured the Fall of the USA added by Herman James on 10/21/2022View all posts by Herman James ?+'Read More

Some Friday Humor...

October 20, 2022 / marketsanity.com

Citizen Free Press - Twitter, Released on 10/20/22Some Friday Humor... added by Herman James on 10/21/2022View all posts by Herman James ?+'Read More

The Middle Class Is Dying! 50 Percent Of All American Workers Made Less Than $3,133 A Month Last Year

October 20, 2022 / marketsanity.com

The Most Important News, Released on 10/20/22Inflation is systematically destroying our standard of living, and the middle class is shrinking a little bit Continue... The Middle Class Is Dying! 50 Percent Of All American Workers Made Less Than $3,133 A Month Last Year added by Herman James on 10/21/2022View all posts by Herman James ?+'Read More

The AP "Fact-Checks" Jim Rickards

October 20, 2022 / dailyreckoning.com

Our humble publishing house has attracted the worried attention of the mainstream press...Some months back we sounded the klaxon about "Biden Bucks."Biden Bucks? This is Jim Rickards' colorful expression for the digital dollar - the American example of central bank digital currencies - CBDCs.To speed the digital dollar along, Mr. Biden signed Executive Order 14067 on March 9. From which:My adminis...Read More

Omai doubles Guyana gold resource

October 20, 2022 / www.northernminer.com

Guyana-focused Omai Gold Mines (TSXV: OMG) has reported a near-doubling of the resource base after releasing a new resource estimate for its namesake gold project.The new resource update incorporates an expansion of the Wenot pit and adds the Gilt Creek deposit.The indicated resource grew 171% over the 2021 estimate to 1.9 million oz. gold held in 16.7 million tonnes grading 2.07 grams per tonne....Read More

Biden hands out first EV battery metals funding to Albemarle, Piedmont and Talon among others

October 20, 2022 / www.northernminer.com

Albemarle (NYSE: ALB), Piedmont Lithium (NASDAQ: PLL) and Talon Metals (TSX: TLO) are among the companies marked for US$2.8 billion in Biden administration funding announced this week to help the critical minerals industry meet electric vehicle and other green energy targets. The White House selected 20 U.S. manufacturers and processors across 12 states for some of the first green metals fundi...Read More

Los Andes Copper on track to deliver Vizcachitas feasibility by year-end, says CEO

October 20, 2022 / www.northernminer.com

Los Andes Copper (TSXV: LA; US-OTCQX) is eager to restart drilling at the flagship Vizcachitas porphyry copper-molybdenum deposit in Chile while it works in parallel to publish a pre-feasibility study on the project before year-end."General engineering work, infrastructure planning, plant design and environmental considerations are all on track with the plan to complete the (prefeasibility) in the...Read More

Nouveau Monde Graphite lands framework deal with Mitsui, Panasonic

October 20, 2022 / www.northernminer.com

Nouveau Monde Graphite (TSXV: NOU; NYSE: NMG) has entered into a framework agreement with Mitsui & Co. and Panasonic Energy establishing the terms of a commercial relationship that enables the next development steps of the company's ore-to-battery-market integrated graphite project in Quebec.Under the strategic partnership framework, there is a non-binding memorandum of understanding on an offtake...Read More

Royalty firm Ecora plans transition to green metals despite lucrative coal contract

October 20, 2022 / www.northernminer.com

Ecora Resources (TSX: ECOR), a mining royalties company, is betting its shift to green-economy investing in projects by giants such as Vale (NYSE: VALE) and Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) will propel it through a looming recession. The London-based company formerly called Anglo Pacific has a US$200-million war chest in revolving credit from lenders such as CIBC, Scotiabank and RBC w...Read More

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