Stock Articles

Hot Chili boosts Costa Fuego resource

31 March 2022 / Staff reporter

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipWest Africa an improved opportunitySPONSOREDWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.The high-grade component of 156 million tonnes at 0.79% copper equivalent is within overall indicated resources of 725Mt at 0.47% copper equivalen...Read More

Highfield secures finance for potash development

31 March 2022 / Haydn Black

West Africa an improved opportunitySPONSOREDWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.Marvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining After years of setbacks, largely thanks to a protracted approvals process, it has secured a non-binding i...Read More

Tharisa takes majority stake in Karo

31 March 2022 / Staff reporter

West Africa an improved opportunitySPONSOREDWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.Marvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining Tharisa has exercised a farm-in option to invest US$27.0 million to increase its stake in Karo Holdings f...Read More

Teck signs up for Bunker Hill concentrates

31 March 2022 / Staff reporter

West Africa an improved opportunitySPONSOREDWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.Marvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining Idaho-based Bunker Hill Mining is aiming to re-open the mine in the second-half of 2023.Read More

Chile government wants more mining

31 March 2022 / Staff reporter

"There needs to be a change in the model of mining development and we want to play an important role to coordinate this to position mining in Chile as an example of being able to face localRead More

Rapaport Weekly Market Comment

Mar 31, 2022 / Rapaport News

Diamond market sluggish due to US economic caution and China Covid-19 restrictions. Polished price decline fueling uncertainty. Buyers waiting for further decreases. Suppliers willing to negotiate to raise liquidity and reduce inventory of less desirable goods. Rough market restrained amid decline in prices on secondary market. De Beers maintains stable prices at March sight. Split in Responsible...Read More

Zelensky: Peace Worth More Than Diamonds

Mar 31, 2022 / Joshua Freedman

RAPAPORT... Ukraine President Volodymyr Zelensky criticized the Antwerp diamond industry in an address to the Belgian parliament Thursday, accusing it of prioritizing profit over peace, according to media reports."There are people for whom Russian diamonds sometimes sold in Antwerp are more important [than Ukraine's war effort]," Zelensky said in remarks that the Associated Press cited. "Peop...Read More

Chopard Stops Sourcing Russian Diamonds

Mar 31, 2022 / Rapaport News

RAPAPORT... Chopard has become the latest retailer to boycott diamonds originating from sanctioned Russian companies, citing its policy on responsible sourcing."As part of its 'Journey to Sustainable Luxury,' Chopard continually reviews its supply chains to ensure the procurement of responsibly sourced stones," the jeweler said Thursday in a statement to Rapaport News. "Towards this end, and...Read More

JBT Elects Richard Katz as Chairman

Mar 31, 2022 / Rapaport News

RAPAPORT... The Jewelers Board of Trade (JBT) has named Richline Group's Richard Katz as chairman of its board. Katz, who is senior vice president at Richline, has volunteered on the JBT board since 2008 and was most recently its vice chairman, the organization said Wednesday. He succeeds Ann Arnold, chief strategic officer at Buyers International Group."Richard brings great perspective...Read More

Tiffany Rejects Cartier's "Bizarre" Lawsuit

March 31, 22 / John Jeffay

(IDEX Online) - Tiffany & Co has filed a forceful court denial over claims by rival Cartier that it had tried to steal its trade secrets."This case presents a truly bizarre circumstance," it says in a preliminary statement to the New York State Supreme Court."Cartier's principal 'evidence' is the affidavit of an ex-employee who confesses she has lied to everyone, including both...Read More

Namdia Names it "Special Clients"

March 31, 22 / John Jeffay

(IDEX Online) - Namibia's state-owned diamond company has named the 36 "special clients" that will buy the bulk of its output for the next three years.Dubai and Belgium both have nine clients, India eight, Israel five, USA three, but only two from Namibia.Namib Desert Diamonds (Namdia) was founded in 2016 following an agreement between the government of Namibia and De Beers to "test"' wh...Read More

Lucapa Increases Lulo Diamond Forecast by 11%

March 31, 22 / John Jeffay

(IDEX Online) - Lucapa has increased its forecast of diamond resources at Lulo, Angola, after further explorations.The Australian miner has revised the number of carats up by 11 per cent, from 135,900cts to 151,040cts. That takes into account the 24,595ct mined during 2021.It is also predicting a steep rise in the price per carat, up from $1,440 (31 December 2020) to $1,930 (31 December 2021), exc...Read More

War in Ukraine: Iris Van der Veken Quits as RJC Boss

March 31, 22 / John Jeffay

(IDEX Online) - Iris Van der Veken has quit as executive director of the Responsible Jewellery Council (RJC) over its failure to take a tougher stance against Alrosa.The Russian miner voluntarily relinquished its vice-chairmanship of the London-based group following the invasion of Ukraine, but remains a member.Van der Veken (pictured), who has headed the RJC since 2019, is reportedly unhappy that...Read More

Cheap stock or faulty analysis?

31 March 2022 / Staff reporter

West Africa an improved opportunitySPONSOREDWorld Copper has economics to back Escalones resource in ChileSPONSOREDworld copper ltd.Marvel Gold stepping up exploration after resource upgradeSPONSOREDmarvel goldAnglesey Mining sharpens focus on the Parys Mountain projectSPONSOREDanglesey mining   Barton Gold, which listed in June 2021 after raising A$15 million, was one of the presenting compa...Read More

LME base metals prices holding up despite weak Chinese data

31 March 2022 / Staff reporter

Base metals prices on the London Metal Exchange and Shanghai Futures Exchange were mixed on the morning of Thursday March 31, with a slowdown in Chinese manufacturing likely to weigh on overall sentiment.• China’s purchasing managers indices (PMI) for manufacturing and non-manufacturing dropped into contraction mode in March.• This raises the prospects of stagflation, but the silver...Read More

Tech Talk for Thursday March 31st 2022

31/03/2022 / Staff reporter

U.S. equity index futures were lower this morning. At 7:30 AM EDT, S&P 500 futures were down 4 points in pre-opening trade. U.S. February Personal Income to be released at 8:30 AM EDT is expected to increase 0.5% versus a gain of 0.4% in January. February Personal Spending is expected to increase 0.5% versus a gain of 2.1% in January. January Canadian GDP to be released at 8:30 AM EDT is expec...Read More

Shared water infrastructure opportunity for Chile,...

31 March 2022 / Staff reporter

SMI's analysis, undertaken with research group Cesco and Germany's GIZ points to potential savings of 50% in capital and operating costs and a 75% land use reduction through shared waterRead More

Copper is booming so why so glum?

31 March 2022 / Staff reporter

Things were very different the last time conditions for the red metal were so bullish, during the commodities super cycle in the last decade.Read More

US mining body wants Chile tax treaty passed

31 March 2022 / Staff reporter

"This [US-Chile Tax Treaty] has been awaiting ratification for more than a decade - we must move forward to ensure the success of US companies that invest in Chile and to level the playing field withRead More

Investments from autocratic states need full ICA review, says parliamentary committee

March 31, 2022 / Naimul Karim

All investments made by firms from authoritarian regimes should undergo the complete security review process stated in the Investment Canada Act (ICA), a parliamentary committee said in a new report that analyzed the acquisition of Neo Lithium, a Canadian-listed company, by China's Zijin Mining. While all foreign investments undergo a preliminary national security screening by Canadian authorit...Read More

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