RAPNET PRESS RELEASE, October 15, 2018, Las Vegas... RapNet, theworld's leading diamond trading network, is proud to announce the launch of theRapNet Trade Center. This marks a major strategic development for RapNet by providing memberswith an efficient, secure and intuitive system to trade diamonds in a smartertrading environment. TheRapNet Trade Center offers members a suite of tools to manage...Read More
RAPAPORT... Shares in Pandora spiked late last week followingspeculation the company had hired an adviser to negotiate a possible buyout. The jeweler has called on Rothschildfor guidance on how to handle potential buyers, according to a Danish-languagereport on news site Inside Business. Its stock price rose 7% on Thursday and afurther 9% Friday. "As a general principle, we do not comment on...Read More
RAPAPORT... Countries should designate locations where colored gemstonesenter the market in a bid to ensure the integrity of the industry's supplychain, according to the World Jewellery Confederation (CIBJO). CIBJO president Gaetano Cavalieri called for the introduction of monitored"chokepoints" - places at which goods pass during shipping. The system wouldbenefit governments by creating lega...Read More
RAPAPORT... The Uchihara Group will open a store in Ginza, Japan, and launch a new brand of jewelry at more affordable pricesthan its signature SA Birth collection. The new line - SA Birth Ginza -is a reinvented version of the original brand, which is sourced from southernAfrican countries, including Botswana, South Africa and Lesotho, the companysaid Monday. Uchihara will launch the label when i...Read More
(IDEX Online) - The Second World Emerald Symposium closed on October 14 in Bogota, Colombia, after three days of discussions on a variety of issues and challenges facing the emerald industry along with informative talks on small-scale and industrial mining, geology, gemology, origin, treatments, jewelry and more. For many of the speakers, the major and recurrent theme focused on the need f...Read More
(IDEX Online) - International auction house Bonhams has appointed Brett O'Connor as Senior International Jewellery Director and Senior Vice President, US. O'Connor will also join the US Executive Team. O'Connor takes up his new position at the start of November based in Bonhams' New York office. O'Connor is a globally renowned auctioneer and leading senior specialist in the jewe...Read More
Fears of a full-blown trade war and higher oil have all been weighing heavily on the global economic outlook, including materials and base metals exchange-traded funds such as the iShares Global Materials ETF and SPDR S&P Metals and Mining ETF, which are both down by 13% since the start of 2018.While Trump's approach to trade along with firmer crude poses a threat to the global economic upswin...Read More
It has been a difficult few years for investors in what is known as the most electrically conductive element silver. The white metal appears caught in a prolonged slump with little to no signs of a recovery occurring anytime soon. With silver trading at US$14.60 an ounce, there's increasing speculation that it is close to the marginal cost of production for many primary silver miners, which makes...Read More
Weaker demand for silver sees the white metal down by 14% for the year to date, trading at less than US$15 an ounce, and its stagnant outlook is weighing heavily on primary silver miners. In an attempt to stimulate growth and expand earnings, primary silver miner Great Panther Silver (TSX:GPR)(NYSE:GPL) has announced that it will acquire Australian gold miner Beadell Resources. This US$105 million...Read More
As a reformed silver bug and long-term investor in the white metal, I understand the pain felt by many silver investors since its price collapsed in late 2016 after breaking through the psychologically important US$20 an ounce barrier. There is every sign that silver will remain stagnant for the foreseeable future, dashing my hopes that bullion will soar to over US$20 per ounce.This is bad news fo...Read More
Gold producers are catching a tailwind as the price of gold continues to claw back the losses it sustained over the past six months.Let's take a look at the current situation that is driving gold stocks higher and see if this is the right time to add Goldcorp (TSX:G)(NYSE:GG) to your portfolio.Gold rallySafe-haven demand has apparently returned to the gold market. The price of the yellow metal has...Read More
Growth stocks are an interesting topic among Canadian market watchers at the moment. In fact, with pot stocks taking up pretty much all available headline space, growth stocks are one of the hottest subjects around. This seems an odd state of affairs considering the uncertainty in the market that looks set to finally end the epic bull run; the marijuana stock boom is a rare phenomenon, to be sure....Read More
Beaten-down uranium miner Cameco (TSX:CCO)(NYSE:CCJ) has popped by an impressive 19% over the last month in response to receiving a favourable outcome regarding an investigation by the Canada Revenue Agency (CRA). This increased its appeal as an investment and fueled the bull case for investing in uranium and Cameco.While the latest news is certainly a positive for Cameco, it hasn't altered the un...Read More
The Del Toro silver mine in Mexico. Source: First Majestic Silver Corp.First Majestic Silver Corp. [FR-TSX; AG-NYSE; FMV-FSE] on Monday October 15 said production in the third quarter of 2018 reached a new company record of 6.7 million silver equivalent ounces.Total production consisted of 3.5 million ounces of silver, 35,260 ounces of gold, 4.4 million pounds of lead and 1.2 million pounds of zin...Read More
Copper-silver mineralization at the Bankers Cobalt Kamanjab Project in Namibia. Source: Bankers Cobalt Corp.Bankers Cobalt Corp. [BANC-TSXV, BC2-FSE] said Monday October 15 that it has established a confidential virtual data room to provide access for parties who have approached the company or expressed an interest in reviewing data on Bankers and its concessions."We have completed a significant a...Read More
The price of gold is acting... normal.And that's actually surprising to see.For the gold market, "normal" hasn't been... well, normal. Gold is traditionally a safe haven asset used to hedge economic and market risk. Demand and prices traditionally increase in times of fiscal turmoil. But this has not largely been the case for the past decade.Since the turn of the century, the gold market has dynam...Read More
Colorado School of Mines students are flexing their creative muscle on a real-life challenge to work with Climax Molybdenum, a Freeport-McMoRan company, in envisioning innovative ways to repurpose the Henderson mine following the eventual depletion of the mineral resource, and the social and economic transition of the mine and surrounding communities."Mines is very excited about this new partnersh...Read More
Will Fleckenstein, director of strategic relationships and enterprises for earth resources and environmental programs at Colorado School of Mines, was recently interviewed on Fox31 Denver about oil and gas development and how the natural resources came to be in Colorado. Watch the full segment below: Read More
A Colorado School of Mines graduate student who served in the U.S. Army for 22 years before pursuing her engineering education has been named a Class of 2018 Tillman Scholar by the Pat Tillman Foundation.Jennie Callahan, a master's student in civil and environmental engineering, was chosen for the honor based on her commitment to service, scholarship, humble leadership and impact. The award will c...Read More
Advantage Lithium Corp. (TSX-Venture: AAL; OTCQX: AVLIF) is drilling 4,800 metres at its Cauchari joint-venture lithium project in northern Argentina's Jujuy province to further expand and upgrade its already increased resource of 3.02 million tonnes of LCE.This third phase of drilling comes on the heels of a positive preliminary economic assessment (PEA) that Advantage Lithium tabled in mid-Augus...Read More