(IDEX Online) - There were significant losses among rounds, as the war in Ukraine enters its seventh month. A more mixed picture among fancies. Indian manufacturers are still filling the supply gaps, especially small goods, by switching to lab growns. However Alrosa is reportedly selling $250m of rough a month despite sanctions, circumventing dollar restrictions by accepting rupee payments. Alrosa...Read More
RAPAPORT... Marriage is important. Commitment is important. Love isimportant. Engagement and wedding rings are important.These things are not just a fad. They are meant to last foreverand establish the foundation of personal identity. Of course, everyone is an individual with an individualidentity. But your identity is also shared by the people connected toyou. No connection is more important...Read More
North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSORED"Meeting the challenge of the demand for energy transition minerals could imply an exacerbated extractivism for Colombia.Read More
RAPAPORT... Hong Kong's polished-diamond imports increased 1% year on year to $7.26 billion in the first half of 2022, according to the Diamond Federation of Hong Kong, China. The average price of shipments rose 11%, offsetting a 9% drop in volume. Hong Kong Trade Data for January to June 2022 Read More
(IDEX Online) - Members of the IDEX diamond trading network can now search, buy and sell Lab Grown diamonds online for the first time. The new feature has been introduced as part of IDEX's Guaranteed Diamond TransactionsTM, the fully automated online diamond trading service. All Lab Grown diamond listings are uploaded in separate inventory files to assure no confusion with natural diamon...Read More
North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSOREDRio already owns 51% of Turquoise Hill and in March bid C$34 per share for the remaining shares it didn't hold. Turquoise Hill rejected that offer and Rio returned last week with a $40 per share bid.Read More
U.S. equity index futures were lower this morning. S&P 500 futures were down 22 points in pre-opening trade. Costco added $1.70 to $523.80 after its August sales rose 11%Walt Disney advanced $1.80 to 113.88 on news that the company is exploring an approach to membership similar to Amazon's Prime modelOkta dropped $7.08 to $84.35 after releasing second quarter results. Mizuho lowered its target...Read More
Credit rating firm Moody's Investors Service has pared down its 12-month price outlook for a basket of metals and mining commodities, citing a global economic slowdown and softening demand.Essential commodities affected include gold, silver, steel, aluminum and copper, as slack demand dents global growth momentum."China is a major consumer of base metals, coal and iron ore, and the largest steel p...Read More
The availability of risk capital for miners is biased towards those with concrete plans for achieving net-zero emissions targets by 2030, says Keith Russell, global director for energy transition, purpose and performance with Partners in Performance.Russell emphasizes the need for decarbonization strategies to become mainstream and incorporated into the industry's routine management, operating and...Read More
Copper is known by several monikers: The red metal for its colour; Dr. Copper because its price is a reliable economic indicator; and now, the "green metal" for its central importance in electrification. Below we highlight the top five copper drill results of the year so far (to Aug. 17), ranked by grade x width, as identified by data provider Mining Intelligence. Best copper drill results year...Read More
McEwen Copper, a subsidiary of McEwen Mining (NYSE: MUX; TSX: MUX), has closed the third and final tranche of its previously announced private placement of common shares priced at US$10 each.This financing tranche comprised a US$25 million investment by Rio Tinto's (NYSE: RIO; LSE: RIO; ASX: RIO) copper leaching technology venture, Nuton, and US$1.9 million from other investors. This brings the...Read More
Marathon Gold (TSX: MOZ) is moving ahead with its proposed Valentine open-pit gold mine in central Newfoundland after the company's board approved construction."The company's decision to proceed with construction of the Valentine Gold project considers the impact of almost two years of market inflation on the project's costs, as well as a necessarily cautious approach to project management, contin...Read More
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has reached an in-principle deal with Turquoise Hill (TSX: TQR) to buy the 49% of the Canadian miner it doesn't already own for US$3.3 billion.The move would grant the global miner direct ownership of the giant Oyu Tolgoi copper-gold mine in Mongolia, located 550 km south of the capital Ulaanbaatar. It also brings the six-month takeover battle to an end,...Read More
Investing News, Released on 9/1/22 (Recorded on 8/24/22)"There's no such thing as a sure thing ... but the closest I've ever seen in all the years I've been doing this - which is 38 - is the uranium market now," said Peter Grandich. He's also bullish on gold and copper, and explains why in this interview. 0:00 - Intro0:28 - Peter's portfolio and general market thoughts4:45 - The main challenge for...Read More
Howe Street, Released on 9/1/22Portfolio Manager, attorney, finance author, a regular guest on North American media. Danielle Park is the author of the best selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," as well as a popular daily financial blog: www.jugglingdynamite.com. Danielle worked as an attorney until 1997 when she was...Read More
Summit News, Released on 9/1/22Around 22,000 households in Colorado lost the ability to control their thermostats after the power company seized control of them during a heatwave.Continue... Power Company Seizes Control of Thermostats in Colorado During Heatwave added by Herman James on 09/02/2022View all posts by Herman James ?+'Read More
Citizen Free Press, Released on 9/1/22Tragedy in AYR yesterday as Captain Eli Palfreyman passed away during a hockey game.The entire Clarington Eagles organizations thoughts and prayers go out to the Centennials organization, it's fans as well as the friends and family of this young man.Continue... 20 year-old hockey captain drops dead during game... added by Herman James on 09/02/2022View all pos...Read More
Seeking Alpha, Released on 9/1/22Osisko Gold Royalties is down more than 40% from its all-time highs. This Continue... Osisko Gold Royalties: A Dirt-Cheap Valuation For This High-Margin Business added by Herman James on 09/01/2022View all posts by Herman James ?+'Read More
Bloomberg (via Yahoo Finance), Released on 9/1/22Gold headed for a third straight weekly drop as the dollarContinue... Gold Poised for Third Weekly Drop With King Dollar Dominating added by Herman James on 09/01/2022View all posts by Herman James ?+'Read More
North Gilbey's a Gascoyne game-changerSPONSOREDgascoyne resources ltdSun shines on Saturn MetalsSPONSOREDsaturn metalsMining Journal and MiningNews.Net Critical Minerals reportSPONSORED"No one is against the companies, but we are looking for distinct economic models.Read More