RAPAPORT... A new company created by the founder of RDI Diamonds has received government approval to manufacture rough produced in Canada's Northwest Territories.Diamonds de Canada, set to open this fall, will provide jobs and training for local residents of the arctic region, the Government of the Northwest Territories (GNWT) said last week. The decision will help ensure that manufacturing a...Read More

(IDEX Online) - The Natural Diamond Council (NDC) is targeting consumers with a series of nine ads highlighting the industry's commitment to sustainability.The omnichannel campaign, called Thank You, By the Way, is supported by the Responsible Jewellery Council (RJC).It focuses on socioeconomic and community benefits, and carry tag lines such as:"Your natural diamond helps provide access to h...Read More

(IDEX Online) - A 24.45-carat heart-shaped diamond fetched just over $2m in an online auction by Christie's.The Type IIa stone was graded by GIA as D color, internally flawless, excellent polish and symmetry.It was set in a platinum pendant necklace with a 1.37-carat, D-color, internally flawless pear-shaped stone.The piece, headlining the Summer Sparkle sale, sold for $2.01m.  Its pre-s...Read More

(IDEX Online) - Lightbox is to sell bigger lab grown diamonds - up to two carats - at the same flat rate of $800 per carat.It is also introducing a premium lab grown range, called Finest, of stones guaranteed to be VVS clarity, colorless D, E, F with an excellent cut.Both moves suggest the De Beers company sees increasing potential in the lab grown sector.Last November it opened a $94m factory nea...Read More

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THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN THE UNITED STATES OR TO U.S. NEWS AGENCIES VANCOUVER, British Columbia, Aug. 19, 2021 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE:ASE/ FRANKFURT:1A9/U.S.OTC:ASGOF) ("Asante" or theRead full newsRead More

Looking for top TSX stocks trading at 52-week lows?These days, they’re not that easy to find. With markets setting record highs almost every day, the number of bargain bin stocks has been dwindling. In March of 2020, there was a good chance that almost any stock you looked at was close to 52-week lows. Today, the chances are much less… to put it mildly.Nevertheless, there are TSX stoc...Read More

Momentum stocks are those that tend to continue to rise or fall for a reasonably long period. Here, we will look at TSX stocks that might keep their upward momentum and beat the broader markets.NuveiNuvei’s (TSX:NVEI) growth story gained traction this year, thanks to its strategic acquisitions and strong revenue growth. The stock is up more than 140% so far in 2020. But, unsurprisingly, such...Read More

Here are five Fastmarkets stories you might have missed on Monday August 30 that are worth another look.Spot prices for steel rebar imports into Singapore continued their downward trend in the week to August 30 amid growing pressure on traders to slash offers due to unsold seaborne cargoes fast approaching the island state.Read More

Brazilian aluminium producer Companhia Brasileira de Alum?-nio (CBA) acquired a 49% stake in two wind power generation assets from a joint venture by sister company Votorantim Energia and the Canada Pension Plan Investment Board (CPP Investments) for 59.56 million Reais ($11.4 million), the company said on Monday August 30.The two units are a part of the Ventos do Piau?- I and II complex, located...Read More

Chilean copper producer Codelco signed early labor deals valid until October 2024 with two trade unions representing workers at its El Teniente division, the state-owned company said on Saturday August 28.Unions representing workers at El Teniente mine and the Caletones smelter joined the No5 union at El Teniente, which had signed a deal a week prior, Codelco said. Existing labor contracts were du...Read More

Jack ChanPosted Aug 30, 2021Gold sector as represented by $HUI is now on amajor SELL signal.Long-term signals can last for months and are more suitable for investors.Short-term is on BUY signal.Short-term signals can last for days and weeks and are more suitable for traders. Speculation is in bear market values.Speculation in bear market values. Our ratio is on SELL signal.The cup with handle bull...Read More

The indices closed up 0.4% and 0.9% respectively to 4,528.79 and 15,265.89 points.In Toronto, shares in takeover target Noront Resources (TSXV: NOT) shot up 28.3% to a fresh high of C77c on a new bid from Andrew Forrest's Wyloo Metals.Wyloo is now offering 70c per share, a 27% premium to BHP's 55c offer, which Noront had recommended over Wyloo's initial bid of 31.5c made in May.Noront is yet to re...Read More

Chilean copper producer Codelco signed early labor deals valid until October 2024 with two trade unions representing workers at its El Teniente division, the state-owned company said on Saturday August 28.Unions representing workers at El Teniente mine and the Caletones smelter joined the No5 union at El Teniente, which had signed a deal a week prior, Codelco said. Existing labor contracts were du...Read More

The latest data for the global manganese ore market for the week ended August 30, 2021.Read More

Here are five Fastmarkets stories you might have missed on Monday August 30 that are worth another look.Spot prices for steel rebar imports into Singapore continued their downward trend in the week to August 30 amid growing pressure on traders to slash offers due to unsold seaborne cargoes fast approaching the island state.Read More

The magnesium branch of China Nonferrous Metals Industry Association (CNIA) published a proposal on August 27 calling for the healthy development of the magnesium industry. This came amid surging metal prices.Fastmarkets' weekly price assessment for magnesium, 99.9%, exw China, was 25,000-26,000 yuan ($3,862-4,017) per tonne on Friday August 27, an increase of 2,800-3,600 yuan per tonne or 14.3% f...Read More

The Mexican economy secretariat has extended the period of an existing countervailing duty on imports of longitudinal welded carbon steel pipes from the Unites States, and has started an anti-dumping investigation on flat-steel imports from Vietnam.Mexico has extended the duty on welded steel tubes from US for five years starting on May 28, 2020, according to a decision published in the country's...Read More

Share this article TORONTO - Nomad Royalty Co. Ltd. [NSR-TSX, NSRXF-OTCQX], said Monday it has secured commitments from financial lenders to increase its revolving credit facility to US$125 million, money it will use for future royalty and stream acquisitions.It has also obtained an option to increase the facility to US$150 million, subject to the satisfaction of certain conditions.The completion...Read More

Share this article TORONTO - Dundee Corporation (TSX: DC.A) reported that its approximately 88%-owned subsidiary, Blue Goose Capital Corp., has entered into a share purchase agreement with an arm's length third party to sell The Blue Goose Cattle Company Ltd. for an aggregate purchase price of $68 million. The Transaction includes all of BG Cattle's ranches with the exception of Lambert Creek Org...Read More