Recent News

Hong Kong Jeweler TSL Returns to Profit

May 02, 2022 / www.diamonds.net

RAPAPORT... Tse Sui Luen (TSL) expects to report a profit for the full fiscal year amid improved consumer sentiment in mainland China.The Hong Kong-based jeweler believes it earned approximately HKD 15 million ($1.9 million) for the year that ended March 31, 2022, it said last week. That compares with a loss of HKD 44 million ($5.6 million) the previous year.Consumer sentiment in China improved du...Read More

Fugitive Choksi Faces New $3m Fraud Charge

May 02, 2022 / www.idexonline.com

(IDEX Online) - Fugitive diamantaire Mehul Choksi is facing new criminal charges in India, over an alleged $3m fraud.He is accused, jointly with others, of defrauding the government-controlled Industrial Finance Corporation of India Ltd (IFCI) between 2014 and 2018.Choksi (pictured), 62, already face charges, together with his nephew Nirav Modi, over the $1.8bn Punjab National Bank (PNB) fraud.He...Read More

Brilliant Earth Ditches Promotion after Blue Nile Complaint

May 02, 2022 / www.idexonline.com

(IDEX Online) - Brilliant Earth has ditched a promotional offer for "free diamond earrings" following a challenge from rival Blue Nile.It voluntarily pulled ads after complaints that the diamonds were lab-grown rather than mined, and the "free" offer was only available for a very limited time.Brilliant Earth, the US-based "ethical jeweler", had used the phrases "Free Diamond Earrings" and "One Day...Read More

IDEX Polished Price Index in Steady Decline

May 02, 2022 / www.idexonline.com

(IDEX Online) - The IDEX Polished Price Index declined steadily throughout April, falling by over 2.1 per cent by the month end. It continued a trend set during all but the first few days of March. Before that the Index had enjoyed months of sharp increases - 5.67 per cent in January and 4.14 per cent in February. IDEX Online subscribers please click here to read the full report. Read More

Tech Talk for Monday May 2nd 2022

May 02, 2022 / www.timingthemarket.ca

U.S. equity index futures were lower this morning. S&P 500 futures were down 9 points in pre-opening trade. Chevron slipped $0.28 to $156.39 after Truist lowered its target price from $186 to $181.Ford eased $0.05 to $14.11 after Benchmark lowered its target price from $29 to $25.Eli Lilly added $0.01 to 292.14 after Mizuho raised its target price from $315 to $356.Shopify dropped $1.82 to US$...Read More

ESG standards' Indigenous blind spot could threaten critical metals push

May 02, 2022 / www.northernminer.com

The Global Reporting Initiative is an ESG standard used by the vast majority of the world's largest public companies to disclose their environmental, social and governance risks. But it only directly highlights Indigenous rights as material to a public company's sustainability reporting when a community has sued or registered a complaint against the company. It's something a coalition of 86 First...Read More

Snow Lake drills 1.49% LiO2 over 34.5 metres in Manitoba

May 02, 2022 / www.northernminer.com

Snow Lake Lithium (NASDAQ: LITM) has provided the first results of winter drilling at the northeast extension of its Thompson Brothers (TBL) spodumene pegmatite deposit located in northwest Manitoba. These results represent only the first three of the 40 total holes that Snow Lake has submitted for analysis.The best intercept came from TBL-027, with an intersection of 1.49% LiO2 (lithium oxide) o...Read More

Europe's Green Deal requires massive amounts of battery metals - study

May 02, 2022 / www.northernminer.com

A recent study by KU Leuven University in Belgium shows that meeting the European Union's Green Deal goal of climate neutrality by 2050 will require 35 times more lithium and 7 to 26 times the amount of rare earth metals compared to Europe's current use.According to the paper, the energy transition will also require 30% more aluminum than what is employed today in the continent, as well as 35% mor...Read More

Australian court okays MMG's Tasmania tailings dam study to proceed

May 02, 2022 / www.northernminer.com

In what has been labelled a 'pro-mining judgment against the environment' by a non-governmental organization, Chinese-owned base metals producer MMG Inc. has won the right to continue preliminary works for a controversial mine tailings dam inside the takayna/Tarkine rainforest in Tasmania's west.In a statement released on May 2, the Hong Kong-listed and Melbourne-headquartered miner welcomed the F...Read More

South32 boosts Brazil green aluminum supply with bauxite mine buy

May 02, 2022 / www.northernminer.com

Australia's South32 (LSE: S32; ASX: S32) is on track to double its green aluminum production in Brazil by early 2023 with the acquisition of an 18.2% stake in the Minera????o Rio do Norto (MRN) bauxite mine from Alcoa Corp. (NYSE: AA).The transaction represents a crucial step for the company in consolidating its vertically integrated aluminum supply chain in Brazil, bringing South32's holdings in...Read More

Tulsi Gabbard Calls Out Both Parties For Their Silence On The 'Ministry Of Truth'

May 02, 2022 / marketsanity.com

Tulsi Gabbard - Twitter, Released on 5/2/22Democrats who say you're against dictatorships, where are your voices condemning the Ministry of Truth? Even worse are Republicans who say such a propaganda board is needed but it should be headed by someone who's not biased-not Jankowicz. They all need to read the Bill of Rights pic.twitter.com/rDZhFf40VK- Tulsi Gabbard ??OE? (@TulsiGabbard) May...Read More

Washington D.C elementary school commands students to find a family member to accuse of racism

May 02, 2022 / marketsanity.com

Libs of Tik Tok, Released on 5/2/22Another worksheet in the anti-racism handbook given to elementary students says that if a student doesn't see racism in their life, it means they aren't paying attention. pic.twitter.com/ccW8azSL6w- Libs of TikTok (@libsoftiktok) May 2, 2022 Washington D.C elementary school commands students to find a family member to accuse of racism added by Herman James on 05/...Read More

"We're Out Of The Bubble Extremes", But Bridgewater's Dalio Warns 'Overvalued' US Stock Market Still Not "Safe"

May 02, 2022 / marketsanity.com

Ray Dalio LinkedIn (via Zero Hedge), Released on 5/2/22As you know, I like to convert my intuitive thinking into indicators which I write down as decision rules Continue... "We're Out Of The Bubble Extremes", But Bridgewater's Dalio Warns 'Overvalued' US Stock Market Still Not "Safe" added by Herman James on 05/03/2022View all posts by Herman James ?+'Read More

Livent to buy Pallinghurst's Nemaska stake

May 02, 2022 / www.mining-journal.com

Livent agreed to form QLP, a 50:50 joint venture with The Pallinghurst Group, in late 2020, which took a 50% ownership of the Nemaska lithium project development project in Quebec and Ontario, Canada,Read More

A Dilemma Of The Fed's Own Making - Danielle DiMartino Booth

May 02, 2022 / marketsanity.com

Blockworks Macro, Released on 5/2/22Danielle DiMartino Booth, founder and CEO of Quill Intelligence, joins Jack Farley and former senior Fed trader Joseph Wang to share her outlook on this week's FOMC meeting. Booth argues that the Federal Reserve's lateness to fight inflation has caused it to lose a lot more credibility, and makes the case that it risks to lose even more credibility if it fails t...Read More

Gold is following a logical path in 2022 / Commodities / Gold and Silver 2022

May 02, 2022 / marketoracle.co.uk

Reference this article posted on 12.30.21: 2022: The Golden YearGold has done nothing unusual and in fact it has done as would normally be expected. In February it began to rally out of the base on the daily (futures) chart below. Driven by war (easy on the war, terror and pestilence bull rationales dear gold bugs) and inflation hype, kneejerkers and momos (momentum players) quickly jumped on push...Read More

U.S. Government Targets Elon Musk for Twitter Purchase

May 02, 2022 / www.outsiderclub.com

Dear Outsider,There's something strange going on in the land of information.In a world where everyone gets their content from YouTube and social media, the last decade or so has seen an erosion of truth. Not just factual truth, but life lessons as well.For proof, just look at all the conflicting information we got about the pandemic... death rates, infection statistics, etc.What's more is modern n...Read More

Gold is following a logical path in 2022 / Commodities / Gold and Silver 2022

May 02, 2022 / www.marketoracle.co.uk

Reference this article posted on 12.30.21: 2022: The Golden YearGold has done nothing unusual and in fact it has done as would normally be expected. In February it began to rally out of the base on the daily (futures) chart below. Driven by war (easy on the war, terror and pestilence bull rationales dear gold bugs) and inflation hype, kneejerkers and momos (momentum players) quickly jumped on push...Read More

Gold is following a logical path in 2022 / Commodities / Gold and Silver 2022

May 02, 2022 / marketoracle.co.uk

Reference this article posted on 12.30.21: 2022: The Golden YearGold has done nothing unusual and in fact it has done as would normally be expected. In February it began to rally out of the base on the daily (futures) chart below. Driven by war (easy on the war, terror and pestilence bull rationales dear gold bugs) and inflation hype, kneejerkers and momos (momentum players) quickly jumped on push...Read More

Crooked Banks Avoid Prosecution for Market Manipulation

May 02, 2022 / marketsanity.com

Money Metals Exchange, Released on 5/2/22The criminal trials for these bankers remain postponed indefinitely. The federal judge responsible is citing COVID protocols.Continue... Crooked Banks Avoid Prosecution for Market Manipulation added by Herman James on 05/20/2022View all posts by Herman James ?+'Read More

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