RAPAPORT... A Bulgari diamond ring will lead next month's Christie's NewYork auction with a presale estimate of $13 million to $18 million. The cushion-cut, 8.08-carat, fancy-vivid-blue piece will gounder the hammer at the Magnificent Jewels sale on December 5, the auctionhouse said last week. The stone is one of a number of colored diamonds on offer,including a heart-shaped, 15.56-carat, fa...Read More
RAPAPORT... The World Diamond Council (WDC) will propose an expandeddefinition of conflict diamonds at this week's Kimberley Process (KP) plenarymeeting in Brussels. The broader wording will address "grave and systematicviolence," the WDC said Thursday, without giving more details. The council willpresent the change to attendees before member states vote on the matter, WDCpresident Stephane Fischl...Read More
RAPAPORT... Richemont's jewelry sales increased 12% in the first fiscalhalf, though signs of weakening in Asia raised investor concerns.Jewelry proceeds at Cartier and Van Cleef & Arpels rose to EUR 2.45 billion ($2.77billion) in the six months ending September 30, while watch sales grew 4% year on year to EUR 2.49 billion ($2.82 billion), Richemont reported Friday.At constant exchange rates,...Read More
(IDEX Online) - The Central African Republic's (CAR) Minister of Mines and Geology, Leopold Mboli Fatran (pictured above), has appealed to international diamond mining and trading companies to engage in responsible sourcing in the country together with the CAR. It is the intent of the CAR government to look for partners for structural reform of its artisanal mining sector to revive the...Read More
(IDEX Online) - The Dubai Diamond Exchange (DDE), a subsidiary of DMCC, the world's flagship Free Zone and Dubai government authority on commodities trade and enterprise, in collaboration with Stargems Group, completed six successful rough diamond tenders of SACIM goods (Anhui-Congo Mining Investment Company) with over 2 million carats sold. The tenders were held at the Almas Tower with ar...Read More
(IDEX Online) - Rio Tinto's 2018 Argyle Pink Diamonds Tender collection of 63 rare pink, red and violet diamonds from its Argyle mine in Australia has delivered a record result reflecting strong global demand for fancy colored diamonds, the miner said. "These results are also a reflection of Argyle approaching the end of its mine life, with the supply of these extremely rare diamonds becom...Read More
(IDEX Online) - ALROSA said its rough diamond sales last month amounted to $233.9 million, while sales for the first 10 months of 2018 amounted to $3.8 billion. In October, ALROSA's total group sales were $242.8 million, a 28% decline on the year, with polished diamond sales amounting to $8.9 million. ALROSA's total diamond sales in January-October 2018 grew 6% YoY and amo...Read More
Lithium Chile (TSX-V: LITH) owns seventeen projects, encompassing 159,700 hectares of potential Li-bearing Salars in Chile - home to world's largest, high-grade lithium reserves and lowest-cost lithium production. The portfolio includes projects with potential for high-grade lithium brines and excellent chemistry. We learned from Steve Cochrane, President and CEO of Lithium Chile, that they had pu...Read More
Element 25 Limited (ASX: E25) is developing Australia's largest onshore manganese resource at the Company's 100% owned world-class Butcherbird Project to produce high-purity manganese products for the battery revolution. We learned from Justin Brown, who is Executive Director of Element 25, that they have developed a flow sheet, which allows them to process their manganese ore into high-purity man...Read More
According to people familiar with the matter, Luckey was put on leave, then fired, for his support for Donald Trump Continue...Read More
“We are in a bond market bubble that’s beginning tounwind.” This is the statement of Alan Greenspan. Is heright? We invite you to read our today’s article about the US bond market andfind out whether it is in bubble or not – and what does it all mean for theprecious metals market. Bond yields are inan upward trend since 2016/2017. And they hit the accelerator aga...Read More
Will you listen to me?Will you buy the stock I recommend in this issue?I hope so… because we have a realistic shot to make roughly 140% on our money in just a few months.Stock markets don’t often hand us opportunities like this. I study markets for a living and I see one setup like it a year, max. But I know there’s a good chance you won’t take advantage of this opportunit...Read More
Rio Tinto Exploration Canada (RTEC) has started drilling the Fort à la Corne kimberlites, in Saskatchewan, as it reinvestigates these kimberlites that Star Diamond and other companies have previously explored.The Fort à la Corne kimberlites are outside the Star and Iron South kimberlites, which are the subject of an option agreement between RTEC and Canadian junior Star Diamonds.Adve...Read More
RAPAPORT... The World Diamond Council (WDC) will propose an expandeddefinition of conflict diamonds at this week's Kimberley Process (KP) plenarymeeting in Brussels. The broader wording will address "grave and systematicviolence," the WDC said Thursday, without giving more details. The council willpresent the change to attendees before member states vote on the matter, WDCpresident Stephane Fischl...Read More
RAPAPORT... Richemont's jewelry sales increased 12% in the first fiscalhalf, though signs of weakening in Asia raised investor concerns.Jewelry proceeds at Cartier and Van Cleef & Arpels rose to EUR 2.45 billion ($2.77billion) in the six months ending September 30, while watch sales grew 4% year on year to EUR 2.49 billion ($2.82 billion), Richemont reported Friday.At constant exchange rates,...Read More
“We are in a bond market bubble that’s beginning tounwind.” This is the statement of Alan Greenspan. Is heright? We invite you to read our today’s article about the US bond market andfind out whether it is in bubble or not – and what does it all mean for theprecious metals market. Bond yields are inan upward trend since 2016/2017. And they hit the accelerator aga...Read More
Will you listen to me?Will you buy the stock I recommend in this issue?I hope so… because we have a realistic shot to make roughly 140% on our money in just a few months.Stock markets don’t often hand us opportunities like this. I study markets for a living and I see one setup like it a year, max. But I know there’s a good chance you won’t take advantage of this opportunit...Read More
LONDON, 11 November 2018 - Leading UAE newspaper The National today quotes BullionVault data and analysis in an article looking at gold - "the ultimate safe haven" - alongside other assets to consider as global stock markets wobble."November's rally [in equities] has capped the rise in gold prices," says the report from Dubai, quoting BullionVault director of research Adrian Ash, "but private inve...Read More
"Copper prices have fallen 18% from their June four-year peaks, pressured by investor concerns over the Chinese economy https://t.co/GzGzcRIkuT via @WSJ"Read full newsRead More
"Copper prices have fallen 18% from their June four-year peaks, pressured by investor concerns over the Chinese economy https://t.co/GzGzcRIkuT via @WSJ"Read full newsRead More