Iamgold (TSX: IMG; NYSE: IAG) expects to produce fewer gold ounces while incurring higher all in sustaining costs and total cash costs in 2019 compared to 2018, the company said in its year end production results and 2019 guidance.Iamgold produced 882,000 attributable oz. gold in 2018, achieving the higher end of its production guidance. However, the company expects its total cash costs and a...Read More
Alamos Gold (TSX: AGI; NYSE: AGI) produced 505,000 ounces of gold from its four mines in North America last year and expects a "similar rate of production" this year.The company anticipates production of between 480,000 and 520,000 ounces of gold in 2019 at total cash costs of between US$710 and US$750 per oz., down 10% from its revised 2018 guidance of US$810 per oz., and all-in sustaining costs...Read More
Aeris Resources Limited (ASX: AIS) is currently Australia's fifth largest, independent copper producer by volume produced. Its flagship asset, the Tritton Copper Operations in New South Wales, has delivered record production in recent years and is targeting production of 24,500 tonnes of copper in FY2019. The Tritton Copper Operations include multiple mines and a 1.8 million tonne per annum proces...Read More
With gold having finished 2018 and starting 2019 very strong, it is now back in the headlines.The shiny pet rock is worth 7.5% more than it was just two months ago, which is proving a good reminder to mainstream investors that gold is a loyal pet in tough times - especially for those who just watched their stock-based savings take a 15% punch in the gut during the same time.Headlines are also bei...Read More
13 down, one to go.Say it with me again, over and over until it sinks into the market.That's the unofficial mantra adopted by Texas oil drillers for 2019.Last October, oil companies extracted crude oil from the Texas soil at an incredible rate of 4.7 million barrels per day!If Texas were admitted into the ranks of OPEC, it would rank second only to the Saudis.In the last few months, the Lone Star...Read More
Here Are 3 Hot Things to Know About Stocks Right Now The Dow Jones Industrial Average rose Tuesday despite an earnings miss from JPMorgan Chase & Co. (JPM) . JPMorgan Chase earned $1.98 a share in the fourth quarter, missing analysts' estimates of $2.20 by a wide margin. The stock rose 0.6% after falling for most of the session.Delta Air Lines Inc. (DAL) posted fourth-qu...Read More
The Tuesday Market Minute U.S. equity futures suggest a weaker start to the trading today, with the S&P 500 dipping into the red after weaker-than-expected earnings from JPMorgan.Global stocks broadly firmer on reports of fresh fiscal stimulus from China following a string of data indicating a sharp slowdown in the world's second-largest economy.European markets gains capped by uncertainty s...Read More
"It is important that additional research be conducted into long-term, heavy use of mobile phones. Pending the availability of such information, its is important to take pragmatic Continue...Read More
Mahenge the Cinderella of the graphite space?SPONSOREDblack rock miningSky is the limit for BSK at Amarillo GrandeSPONSOREDblue sky uraniumNew Energy brings experience to new dawnSPONSOREDnew energy mineralsSustained investment in people a big plus for consultancySPONSOREDbyrnecutJanuary in Australia is a hopeless time to get anything done. It's rather like August here in the UK, but worse.Read More
Likely Shadary win in DR Congo threatens further squeeze on miners' profitsSPONSOREDverisk maplecroftAlderan unlocking Frisco potentialSPONSOREDalderan resourcesRhyolite Ridge PFS beats expectationsSPONSOREDioneerElement 25 targeting clean entry into high-growth marketSPONSOREDelement 25Minexia's NR Market platform is offering "competitive" commission rates for issuers of capital when compared...Read More
RAPAPORT... International Jewellery London (IJL) has appointed KatieMorris as its exhibition director. Morris has been working for Reed Exhibitions, the organizerof IJL, since 2010, beginning as head of marketing for the group's London BookFair. She became head of buyer programs for IJL in April. In that role, Morrisincreased international buyer presence at last year's show by 15%, the show o...Read More
RAPAPORT... The World Jewellery Confederation (CIBJO) has released a newguide for the jewelry industry detailing standards and practices for supply-chaindue diligence. The 14-page "Responsible Sourcing Blue Book" provides a setof universal guidelines industry members can follow to help them supportresponsible sourcing and maintain integrity in their supply chain, CIBJO saidMonday. "The phil...Read More
RAPAPORT... Stronger prices for higher-value rough diamonds liftedMountain Province's 2018 sales, as the company sold its entire production for the year. The miner's sales surged79% year on year to $240 million in 2018, according to Rapaport calculations. Sales volumeincreased 64% to 3.3 million carats, with the average selling price up 6% to$74 per carat, it reported Wednesday. Diamond sales...Read More
RAPAPORT... Jewelers of America (JA) honored retailers, designers andjournalists at Friday's GEM Awards in New York. Stewart Wicht, whoretired as CEO of Rolex Watch USA in December, picked up the LifetimeAchievement accolade in recognition of his contribution to the industry duringhis lengthy career at the company. Tiffany & Co. also received an award forits marketing efforts. The event's 17...Read More
(IDEX Online) - The diamond industry has moved from a relatively stable environment to a highly uncertain environment, with 2019 and the years ahead seeing lab-grown diamonds for jewelry entering a growth phase, said ABN AMRO Bank in a report. The launch by De Beers of its lab-grown diamond jewelry line "has serious consequences for the actors in the diamond industry," according to the rep...Read More
(IDEX Online) - Mountain Province Diamonds Inc. announced that production at the Gahcho Ku?(C) diamond mine achieved a record figure of 6.94 million carats last year. Q4 and Full Year 2018 Summary With another solid operating quarter in Q4 2018, the GK mine ended 2018 with record diamond production of 6.94 million carats at an average grade of 2.17 carats per tonne, 17% higher than the prev...Read More
(IDEX Online) - The Israel Diamond Exchange (IDE), organizers of the International Diamond Week in Israel (IDWI), reports that due to overwhelming registration for the event only a few hotel rooms for participating buyers are available. IDWI is offering eligible buyers three complimentary nights at a local hotel, but organizers warn that late registration will not guarantee free hotel acco...Read More
PERTH (miningweekly.com) – Diamond miner Lucapa Diamond Company produced 3 089 ct of diamonds from its Mothae operation, in Lesotho, during the December quarter.The 1.1-million-tonne treatment plant was commissioned during the December quarter, delivering Lucapa its second operational mine.AdvertisementLucapa said on Wednesday that the ramp-up at Mothae continued to progress well, with the p...Read More
RAPAPORT... Stronger prices for higher-value rough diamonds boosted Mountain Province's 2018 sales, as the company sold its entire production for the year. The miner's sales surged79% year on year to $240 million in 2018, according to Rapaport calculations. Sales volumeincreased 64% to 3.3 million carats, with the average selling price up 6% to$74 per carat, it reported Wednesday. Diamond sal...Read More
A summary of base metals premiums from across the globe for the week to Tuesday January 15.Please click...Read More