RAPAPORT... A 10.59-carat diamond ring was the top seller at the Jewels and Jadeite auction at Phillips in Hong Kong.The square emerald-cut, D-color, flawless diamond went for $968,039, well above its estimate, at the June 5 sale, Phillips said Sunday. Another flawless diamond - an emerald-cut, 8.06-carat, D-color ring - also proved popular, fetching $568,449, at the upper end of its presale valua...Read More

(IDEX Online) - The revival of India's Bunder diamond mine is facing mounting opposition - over plans to axe more than 200,000 trees.Essel Mining, part of the multinational conglomerate Aditya Birla Group, bought rights to the site in 2019. It has estimated reserves of 34.2m carats.But opponents are asking an Indian court to intervene and protect 382 hectares of the Buxwaha forest, in the Chh...Read More

(IDEX Online) - Diamonds worth $3.2m were seized by customs officers in Hong Kong, in what is being described as "the biggest-ever seizure of this kind".Over 1,300 undeclared diamonds, weighing 0.3-cts to 2.0-cts, plus 330 grams of melee, were found in two backpacks in the back a truck that was stopped for inspection at the Sha Tau Kok control point last Thursday.  They were destined for Shen...Read More

(IDEX Online) - De Beers Canada has been charged with an environmental breach after releasing almost 1,600 gallons of diesel at its former Snap Lake mine.The fine for such a breach Environmental Protection Act is from C$100,000 to C$4m.A report by De Beers blames human error for the spill.  A worker forgot to close the tank's outlet valve, a court was told.The miner invested over $2.2bn...Read More

(Updates with exit poll) By Marco Aquino and Marcelo Rochabrun LIMA/TACABAMBA, Peru, June 6 (Reuters) - Conservativecandidate Keiko Fujimori is slightly ahead of socialist rivalPedro Castillo in Peru's nail-biting presidential runoff,according to an Ipsos exit poll released on Sunday evening.The statistical tie had Fujimori leading with 50.3% of thevote, while Castillo had 49.7%, within the margin...Read More

Philadelphia 76ers (117) vs Boston Celtics (109) | Jan 20 2021 - Jump Shot| Serial No. 17093Read full newsRead More

Philadelphia 76ers (117) vs Boston Celtics (109) | Jan 20 2021 - Jump Shot| Serial No. 17144Read full newsRead More

Philadelphia 76ers (117) vs Boston Celtics (109) | Jan 20 2021 - Jump Shot| Serial No. 18154Read full newsRead More

By George Mwangi Special to Dow Jones Newswires The value of Tanzania's gold exports rose 24% in the year ended April 30 due to an increase in global prices...Read full newsRead More

The gold mining sector is a popular field for investors as there are over 300 companies listed and publicly traded. Gold and gold mining companies are often seen as complementary...Read full newsRead More

By George Mwangi Special to Dow Jones Newswires The value of Tanzania's gold exports rose 24% in the year ended April 30 due to an increase in global prices...Read full newsRead More

Inflation concerns are certainly wreaking havoc on the overall stock market right now. Indeed, growth stocks are seeing selling pressure the likes of which haven’t really be seen in some time.Accordingly, there may be an inclination for many investors to take profits at these levels and seek refuge. Commodities plays have provided such a refuge of late.Indeed, investors seeking some commodit...Read More

We all know investing in the market comes with inherent risk. As valuations continue to soar, these risks become more pronounced.Accordingly, for those unsure of where to put their money to work, diversifying into defensive plays is a great idea. Such stocks provide certainty, even in the most volatile markets.Among Canadian defensive plays, these three stocks are near the top of my list. Let&rsqu...Read More

Heading into the summer months, the economy is going through a major transition, creating significant investment opportunities. Not only is the economy recovering well, but with growing inflation and changing consumer preferences after the pandemic, there are various high-quality Canadian stock ideas to consider in June 2021.What’s important for investors to remember is that you can take adv...Read More

There’s no question it’s tough to find value these days. Stocks have been recovering for over a year, and the TSX just hit a new record high again last week, so value stocks are certainly sparse in today’s environment.Finding value stocks doesn’t always have to be the traditional idea of low price-to-earnings and price-to-book metrics. Sometimes finding growth stocks t...Read More

Canadian markets are up almost 80% since the epic crash last year. While I don’t see a bubble and hopeful of an economic recovery, I think some areas of the markets certainly look overvalued. Rising inflation could pull these TSX stocks down in the short to medium term. At the same time, few Canadian stocks are currently trading at a discounted valuation, which indicates strong upside potent...Read More

Amid rising oil prices, Canada’s consumer price index (CPI) in April rose to 3.4%, which was the fastest rise in over a decade. Given the commitment by Biden’s administration towards higher fiscal expenditure and the federal bank’s expansionary monetary policy, I don’t expect inflation to cool down soon. In an inflationary environment, value stocks tend to outperform growth...Read More

After a long bear market in uranium shown via the Global X Uranium ETF chart below, it’s showing signs of a potential turnaround. The ETF’s top 10 holdings include Cameco (TSX:CCO)(NYSE:CCJ), NexGen Energy (TSX:NXE), and Denison Mines.URA Total Return Level data by YCharts.Some investors believe a uranium bull market has just begun this year. One of the largest global providers of uran...Read More

Given where valuations are today in the market, concerns are brewing that we’re in the midst of a massive bubble.Indeed, using the “Warren Buffett greed indicator” as a benchmark, valuations right now are disproportionately high. As a percentage of GDP, the value of the overall stock market is at a level we haven’t seen historically.Now, interest rates are also near histori...Read More

Here are five Fastmarkets stories you might have missed on Monday June 7 that are worth another look.ArcelorMittal is seeking approval from European authorities for its acquisition of steelmaking assets in France that belong to Liberty Steel, the European Commission (EC) said on June 7.Fresh deals for the supply of aluminium ingot...Read More