RAPAPORT... Louis Vuitton has appointed Catherine Lacaze as its directorfor jewelry and watches, it said Monday. Lacaze was most recently vice president of marketing forTiffany & Co., where she worked with Francesca Amfitheatrof, who alsojoined Louis Vuitton in April as artistic director for the same division. Lacaze - who has previously worked at Harry Winston andCartier - started at Louis V...Read More
RAPAPORT... Petra Diamonds' revenue jumped in the first fiscal quarter dueto demand for higher-quality goods. Revenue surged 22% year on year to $80.2 million for thethree months ending September 30, the miner reported Monday. Sales volumeincreased 7% to 626,541 carats, with the average selling price up 15% to $128per carat, even as overall rough prices weakened. Prices for the quarter fell...Read More
RAPAPORT... In the latest Rapaport Diamond Podcast, the editorial teamdiscusses the bankruptcy of retail giant Sears Holdings Corp., and what the jewelryindustry has to fear.The holiday season is also approaching, presentingopportunities for those well prepared. We look at what jewelers need to do toattract business, and interview Aleah Arundale, founder of successful Facebookgroup Jewelers H...Read More
RAPAPORT... Petra Diamonds' revenue jumped in the first fiscal quarter dueto demand for higher-quality goods. Revenue surged 22% year on year to $80.2 million for thethree months ending September 30, the miner reported Monday. Sales volumeincreased 7% to 626,541 carats, with the average selling price up 15% to $128per carat, even as overall rough prices weakened. Prices for the quarter fell...Read More
Toronto, Ontario: 23 October 2018 - Fura Gems Inc. (TSXV: FURA, OTC: FUGMF and FRA: BJ43) ("Fura Gems" or the "Company") is pleased to announce the launch of an all-female wash plant team at the Coscuez emerald project in Boyac??, Colombia (the "Coscuez Emerald Mine").Key HighlightsAt the second World Emerald Symposium held in Bogota, October 2018, Fura Gems launched its All-Female Wash Plant pr...Read More
Gold catches a bid as US stocks and bond prices climb but gave up the highs and dropped to the 50% retracement of yesterday's hourly chart rally from down at $1,220 to the high of $1,239 and now consolidates at $1,230, in line with the 18th Oct double highs. Gold is currently trading at 1230 from a high of 1239 and up from a low of 1299. Gold has been forced out of the symmetrical...Read More
Vangold Mining Corp. (TSXV:VAN) (Read full newsRead More
"@RobieMonsieur @HedgehogTrader This was just a speculative comment - nothing more. There are tons of supply/demand models out there - most of them are biased. Big problem with most of the analysis: Nobody knows about the real amount of U inventories, non-transparent and tough market to analyze. Good luck"Read full newsRead More
Having rebounded modestly back off a $65 handle intraday after OPEC/Saudi production comments, all eyes are now on API tonight which printed a huge 9.88mm barrel inventory build (biggest since Feb 2017) sending WTI back to a $65 handle.Read full newsRead More
The world's top diamond producer by value attributed the decline to planned volume reductions in Botswana and South Africa.Read full newsRead More
"@RobieMonsieur @HedgehogTrader Imho there's no need to bring lots of new supply online. Nexgen's Arrow and OD expansion might be enough next decade. As well Kazakhstan won't give up their market dominance."Read full newsRead More
"Invictus (@Invictus_MD) (#TSXV: $GENE // #OTCQX: $IVITF) Completes Advance on $2 Million Convertible Loan Facility [https://t.co/Gp68b1VRWq]#POTstocks #investing #stocks #stockmarket #trading #investors #news #investing #business #investments #cannabis #hemp #cannabisdaily"Read full newsRead More
Pacton Gold Inc. (TSXV:PAC, OTC:PACXF, FSE:2NKN) (theRead full newsRead More
- Gold rallied "as stocks retreated" and "market risk became more systemic"- As stock sell-off became systemic globally, gold rose meaningfully - World Gold Council- IMF Global Financial Stability report highlights an increase in level of risk among multiple global metrics - WGC Investment Update*Happy 15th Birthday GoldCore*via Gold.orgThe latest IMF Global Financial Stability report (release...Read More
CloseGain/LossGold $1230.10+$7.30Silver$14.73+$0.16XAU69.50+0.68%HUI155.38+1.24%GDM558.63+0.91%JSE Gold1228.01+62.06USD95.93-0.10Euro114.71+0.02Yen89.14+0.34Oil$66.43-$2.9310-Year3.170%-0.027T-Bond138.125+0.3125Dow25191.43-0.50%Nasdaq7437.54-0.42%S&P2740.69-0.55% The Metals: Gold gained $16.70 to $1239.50 just after 8AM EST before it chopped back lower in New York, but it still ended with...Read More
- Gold rallied "as stocks retreated" and "market risk became more systemic"- As stock sell-off became systemic globally, gold rose meaningfully - World Gold Council- IMF Global Financial Stability report highlights an increase in level of risk among multiple global metrics - WGC Investment Update*Happy 15th Birthday GoldCore*via Gold.orgThe latest IMF Global Financial Stability report (release...Read More
"The 2018 annual #WorldRiskReport is now live. It is a comprehensive review of #mining risk, including a jurisdiction-by-jurisdiction ratings system and assessment of business and operating risks and trends. Read it now: https://t.co/sl1MJhZ2bg ($) @M1NEHUTTE @MaplecroftRisk"Read full newsRead More
For the first time since April 26, gold has closed above its 100-day moving average. Although gold closed well off of the intraday high, it did manage to close above the 100-day moving average for the first time in six months. Gold prices surged to a high of $1,243 before backing off, and as of 4:20 PM Eastern standard time, gold futures are currently fixed at $1,233.20, which is a net gain of $8....Read More
For the first time since April 26, gold has closed above its 100-day moving average. Although gold closed well off of the intraday high, it did manage to close above the 100-day moving average for the first time in six months. Gold prices surged to a high of $1,243 before backing off, and as of 4:20 PM Eastern standard time, gold futures are currently fixed at $1,233.20, which is a net gain of $8....Read More
The US miner has agreed to a deal that would give it up to 80% in Solaris' Ricardo property.Read full newsRead More