South China Morning Post, Released on 6/9/22The proposal would make New Zealand, which has about 10 million cattle and 26 million sheep, the first country to make farmers pay for emissions from livestockContinue... New Zealand plans to tax farmers for sheep and cow burps to fight "climate change" added by Herman James on 06/09/2022View all posts by Herman James ?+'Read More
AFP (via Yahoo), Released on 6/9/22"There's nothing to suggest that there's a recession in the works," she said during an interview at The New York Times' economic forum.Continue... Janet Yellen: 'Nothing to suggest' US will have a recession added by Herman James on 06/09/2022View all posts by Herman James ?+'Read More
When things get tough in the silver market, it's time to...by Rafi Farber via Arcadia EconomicsComex registered silver stocks have fallen to a 4 year low, dropping 7.5 million ounces just this week and breaking post Covid era inventory levels for the first time.Also, find out why the housing market and the last vestiges of the dollar's purchasing power are linked.Finally, when things get tough...Read More
Drilling at the newly discovered Tesla zone encountered 200 metres of continuous massive and disseminated sulphides and assays received to-date highlight significant copper-zinc-gold mineralization,Read More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixChinese Strategic AllianceSPONSOREDxanadu minesCopper Fox is brim-full of potentialSPONSOREDcopper fox metalsOrford eyes massive nickel sulphides at West RaglanSPONSOREDorford miningThe move by the MFA follows legal action taken by US hedge fund Elliott Management and Jane Street in taking legal action at the English High Court against...Read More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixChinese Strategic AllianceSPONSOREDxanadu minesCopper Fox is brim-full of potentialSPONSOREDcopper fox metalsOrford eyes massive nickel sulphides at West RaglanSPONSOREDorford miningThe additional share purchase will bring total shareholder payments to around $4 billion this year under its existing normal course issuer bid.Read More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixChinese Strategic AllianceSPONSOREDxanadu minesCopper Fox is brim-full of potentialSPONSOREDcopper fox metalsOrford eyes massive nickel sulphides at West RaglanSPONSOREDorford mining The newly elected Australian government says the country relies too heavily on China as a market. In its place, the freshly minted ministers want...Read More
News: Las Vegas shows open amid hopes they will boost sentiment for 2H. US demand steady. China improving. Concerns about pending shortages continue as supply splits between Russian and non-Russian goods. Cutters finding ways to buy Alrosa rough to serve centers open to Russian-origin polished. De Beers raises prices of small rough amid strong demand, scarcities, and high premiums on secondary ma...Read More
RAPAPORT... Shares in Signet Jewelers soared nearly 9% in early trading Thursday as the company's revenue edged out analysts' forecast and its full-year guidance surpassed expectations.Revenue rose 9% to $1.84 billion in the 13 weeks that ended April 30, as the retailer sold a larger proportion of high-value goods and introduced several new offerings, Signet reported Thursday. That figure is sligh...Read More
RAPAPORT... The Gemological Institute of America (GIA) will shutter its Antwerp laboratory on July 31 in response to dwindling demand, the organization confirmed to Rapaport News.It informed clients of the closure earlier this week, a GIA spokesperson said Wednesday. Customers will still be able to send submissions to other GIA laboratories using Malca-Amit's shipping services, he added."This...Read More
RAPAPORT... A diamond weighing more than 100 carats smashed its high estimate at Christie's New York Wednesday, raking in $20 million.The emerald-cut, 103.49-carat, D-flawless, type IIa Light of Africa was the star of the Magnificent Jewels auction, surpassing its $18 million presale upper price tag. The stone is the fifth most-valuable colorless diamond Christie's has ever offered, it said Thursd...Read More
RAPAPORT... De Beers raised prices of smaller rough diamonds at its June sight in response to a strengthening market for that category.The increase was around 8% to 10% across all goods under 0.75 carats, market insiders said Wednesday. "They held back [adjusting prices] for two sights, being responsible and not wanting to jump on speculation after the Russian invasion," a source explained. "...Read More
(IDEX Online) - This year could prove to be a tipping point for lab growns, say IDEX Online's expert analysts in their new 2021 Pipeline report.The industry enjoyed a "dream year", but the mined sector lost a potential revenue of $20bn to lab growns, they say.Sanctions on Russian rough - around 30 per cent of global supply - could now force high-end jewelers to start using lab growns in their...Read More
(IDEX Online) - Chow Tai Fook today reported a 41 per cent increase in revenue, despite ongoing Covid lockdowns and their impact on sales.China's biggest jewelry retailer said earnings for the year to 31March 2022 were HK$98.9bn (US$12.6bn) and gross profit was up by 11.3 per cent to HK$22.3 (US$2.8bn).Despite "the lingering effects of the pandemic and global economic uncertainties," the reta...Read More
IsoMetrix launches pioneering ESG applicationSPONSOREDisometrixChinese Strategic AllianceSPONSOREDxanadu minesCopper Fox is brim-full of potentialSPONSOREDcopper fox metalsOrford eyes massive nickel sulphides at West RaglanSPONSOREDorford miningAs part of the company's support for the transition to a more sustainable world, Vale plans to acquire minority stakes in startups focused on decarbonisati...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 22 points at 7:30 AM EDT The European Central Bank is scheduled to update its monetary policy this morning at 7:45 AM EDT. It is expected to end its simulating monetary policy.Tesla advanced $26.25 to $751.82 after UBS upgraded the stock to Buy.Target gained $1.64 to $158.34 after the company announced a 20% increase i...Read More
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has announced a US$10-million investment in Nano One Materials (TSX: NANO), a technology company with a patented process for production of cathode materials used in lithium ion batteries. Under the agreement, Nano One will issue 4.6 million common shares or about 4.9% of the company's issued and outstanding shares to Rio Tinto for its investment. The d...Read More
Vale, the world's top nickel and iron ore producer, has completed a prefeasibility study for its proposed nickel sulphate facility in B?(C)cancour Que., the company said on June 9. The facility is expected to process 25,000 tonnes of nickel into nickel sulphate annually to supply the lithium-ion battery market for electric vehicles. The project's final investment decision and schedule, however, w...Read More
Anglo American (LSE: AAL) has agreed to a US$100 million, 10-year loan from the International Finance Corporation in what is understood to be the mining industry's first known sustainability-linked financing focusing exclusively on social development indicators.Anglo American will use the funding to build its so-called Sustainable Mining Plan further. The initiative aims to support community devel...Read More
Shares of EV Nickel (TSXV: EVNI) jumped more than 150% on the day after the company reported results of three drill holes from its program at the Shaw Dome project's Langmuir W4 Zone in Timmins, Ont. Highlights included 48.6 metres grading 1.31% nickel starting from 37.3 metres in hole EVMET22-01; and 33 metres grading 0.74% nickel starting from 78 metres in hole EVMET22-02. The holes were desig...Read More