(IDEX Online) - A court in India has ruled in favor of diamond tech firm Sarine and issued injunctions against five manufacturers that illegally used its software. It follows a series of court-ordered raids at eight locations in Surat, India's cutting and polishing capital, on 18 May.Gopi Impex, Nirghay Impex, Pramukh Gems, Dhiren Diamonds and Bhumika Gems were all found guilty of copyri...Read More
(IDEX Online) - Brides in Hong Kong expect at least a one-carat diamond in their engagement ring.And most say they'd reject a proposal outright if there was no ring at all.Those are the findings of survey of 1,226 men and women with marriage plans carried out by the e-commerce website ESDlife.The average wedding budget rose nine per cent year-on-year to by nine per cent to $49,445, after two...Read More
(IDEX Online) - Two more diamonds from the De Beers Exceptional Blue Collection have failed to sell at auction.A 3.24-carat cushion brilliant-cut internally flawless fancy vivid blue, with a $5m to $8m estimate, was withdrawn before the sale at Sotheby's New York last week.And a 2.08-carat cushion-cut fancy intense blue, with a $1.2m to $1.5m estimate failed to find a buyer at the same auctio...Read More
Global Atomic homes in on Dasa financingSPONSOREDglobal atomic corpUranium revival takes off as reality hits on energy, geopoliticsSPONSOREDDenison eyeing low-cost in-situ recovery in Canada's high-grade Athabasca BasinSPONSOREDdenison minesFeasibility Study Imminent at Fission's High-Grade, Low-Cost Uranium Project SPONSOREDfission uraniumMining is a slow-moving industry.Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 11 points in pre-opening trade.Bank of Canada Governor Tiff Mackem is scheduled to speak at 3:40 PM EST.Coupa Software jumped $13.04 to $75.13 after Thema Bravo offered to acquire the company for $81.00 per share. The cash deal is valued at $8 billion.Horizon Theropeutics jumped $14.26 to $111.53 after Amgen offered to...Read More
Canada has joined the launch of the new Sustainable Critical Minerals Alliance that seeks to pursue environmentally-sound and responsible mining, Natural Resources Minister Jonathan Wilkinson announced Monday.Speaking at the United Nations Biodiversity Conference (COP15) in Montreal, Wilkinson said Alliance members will commit to developing and sourcing critical minerals through a "nature-positive...Read More
It was unclear on Monday if protesters in Peru would abandon planned strikes and disruptions around mines run by Glencore (LSE: GLEN) and China-controlled MMG after new President Dina Boluarte promised elections two years early in 2024. Boluarte announced the initiative after two protesters died on Sunday in widespread unrest following the Dec. 7 sacking of former President Pedro Castillo on char...Read More
When Dan Noone first visited Guyana in 2004, the capital Georgetown was a "sleepy place," says the geologist and CEO of G2 Goldfields (TSXV: GTWO). "There weren't many cars on the road." As recently as 2010, Guyana was ranked the second-poorest nation in the Caribbean, after Haiti. Now, after a string of offshore oil discoveries off Guyana's coast by Exxon Mobil over the last seven years, Georget...Read More
Ascot Resources (TSX: AOT; US-OTC: AOTVF) has entered into non-binding letters of intent for roughly $200 million in project financing for construction of the Premier gold project, in northwestern British Columbia. The proposed financing package will consist of a US$110 million gold and silver streaming agreement with Sprott Resource Streaming and Royalty and/or its affiliates and an equity inves...Read More
Blue Sky Uranium?EUR?(TSXV: BSK; US-OTC: BKUCF), a Vancouver-based uranium and vanadium explorer with 4,000 sq. km of prospective tenements in Argentina's Patagonia region, expects to update the preliminary economic assessment for its Ivana deposit after completing an enhanced regional exploration drilling program next year. Despite a difficult market for capital raising, Blue Sky announced on De...Read More
The post-pandemic period represents "the best diamond market in the better part of a decade," Lucara Diamond (TSX: LUC) president and CEO Eira Thomas told delegates at The Northern Miner's the recent Canadian Mining Symposium in London, U.K.In an interview with The Northern Miner podcast host Adrian Pocobelli, Thomas explained the rationale of investing in a space that gives exposure to both mined...Read More
Our TNM Drill Down features highlights of the top gold assays of the past week. Drill holes are ranked by g?EUR?old grade x width, as identified by our sister company Mining Intelligence.Projects in North America's three countries led drilling results for the period of Dec. 2-9. Drilling at Torex Gold Resources' (TSX: TXG) El Lim??n mine in southwest Mexico topped the chart, followed by Ascot Res...Read More
For the first time since its inception in 2017, the Canadian Mining Symposium, will hold an online premiere as a full broadcast of the live event organized in London, UK and attended by an exclusive audience of UK and EU based investment professionals and mining executives.Register here to tune in on December 16th at 10am EST and watch the entire Canadian Mining Symposium, featuring interviews wi...Read More
BHP (NYSE: BHP; LSE: BHP; ASX: BHP) has joined billionaire Robert Friedland's I-Pulse Inc. and Breakthrough Energy Ventures, a clean-tech venture backed by Bill Gates and Jeff Bezos, to speed up technologies that can help the mining sector save on energy.I-Pulse and Breakthrough Energy Ventures (BEV)-Europe launched earlier this year a company named I-Rox, a France-based firm focused on demonstrat...Read More
Three days prior to the December 14 deadline for Canada's First Quantum Minerals (TSX: FM) to ink a contract with the Panamanian government that would allow the company to keep running its Cobre Panam?? copper mine, the country's Chamber of Commerce issued a statement criticizing the way authorities have handled the deal.In the communiqu?(C), the Chamber's president Marcela Galindo De Obarrio expr...Read More
Argentina Lithium & Energy (TSXV: LIT, US-OTC: PNXLF), a member of the Vancouver-based Grosso Group of companies, is aggressively assembling a portfolio of lithium properties in northwestern Argentina as demand for the battery mineral continues its upward trajectory. "The lithium market had a couple of false starts, but this time is different," said Nikolaos Cacos, the company's president and CEO...Read More
Liberty and Finance, Released on 12/12/22 As news reports pile in about test drills and preparations for Central Bank Digital Currencies (CBDCs) set to track and control every aspect of our lives, preparedness-minded people are asking what the transition will be like, and what roles paper cash, physical gold & silver, and other assets will play in preserving our financial lives going forward. Wide...Read More
Stansberry Research, Released on 12/12/22"The new supply chain, what I call supply chain 2.0, will look very different than the old supply chain," asserts NYT bestselling author Jim Rickards. "The U.S. and China will be running two different clubs," in this new supply chain environment and decoupling from each other, he tells Daniela Cambone in this edition of Powershift: Outlook 2023. "We are at...Read More
Blockworks Macro, Released on 12/12/22Danielle DiMartino Booth, CEO & Chief Strategist at Quill Intelligence, joins Jack to share her views on the upcoming extremely busy week, which sees the release of November's inflation (CPI) data on Tuesday and the culmination of the Fed's FOMC meeting on Wednesday. Filmed the afternoon of Monday, December 12.00:00 Intro01:04 Preparing For This Week's Fed Mee...Read More
Wall Street Silver, Released on 12/12/22Tavi Costa returns to the show to talk about the Federal Reserve keeps raising interest rates. We explain why this decision is significant and how it may impact the economy. Furthermore, Tavi offers some insight into potential investments for 2023 based on his charts and current market trends.Tavi Costa is a partner and portfolio manager at Crescat Capital a...Read More