A diamond mine in Botswana, owned by now extinct Australian miner Kimberley Diamonds, is going up for sale at an online auction to be held Monday, as its liquidators failed to secure viable offers.The Lerala Mine was opened in 2008 and had to be shut twice due to weak sales, until it finally was placed under judicial management in May last year, leaving 130 people out of work and millions in unpa...Read More

And for at least one big global bank the emergence of alternative sources of financing, and in particular private debt, is seen as a positive trend of which it is looking to actively take advantage, at least while syndicated debt remains challenging.Read More

Apollo Minerals' (ASX:AON) Hugo Schumann discusses with Proactive Investors what's been described as an 'exceptionally busy' quarter.As well as a capital raise of A$6mln, Apollo also signed a deal that will see it take full ownership of the Couflens project where initial exploration success has unearthed high gold grades and tungsten.  Meet Peninsula Mines Ltd, Silver City Minerals Ltd and Em...Read More

BOTSWANA – A diamond mine in Botswana will be offered for sale at an online auction after its liquidators failed to secure viable offers.Online bids for the Lerala Diamond Mine open at 17:00 on May 24 and run through 14:00 on May 30, according to a statement published in the weekly Monitor newspaper by the auctioneers, GoIndustry DoveBid.AdvertisementLerala, which is owned by Sydney-based Ki...Read More

(IDEX Online) - India posted a rise in polished diamond exports of 8.5% in March to $2.03 billion, the Gem and Jewellery Export Promotion Council (GJEPC) reported. In the country's fiscal year so far (April-March), polished exports increased by 4.2% to $23.7 billion. Imports of rough diamonds rose 5.3% to $1.68 billion in March, while rough imports for April to March jumped 10.6% to $18.9 billio...Read More

LONDON (Reuters) - Oil steadied on Monday, paring early losses after Israeli Prime Minister Benjamin Netanyahu said he would make an announcement later in the day about the nuclear deal with Iran.Brent prices have gained around 6 percent this month, buoyed by expectations the United States will renew sanctions against Iran, which is the third-largest producer within OPEC.U.S. President Donald Trum...Read More

RAPAPORT... The Natural Color Diamond Association (NCDIA) will hold aseminar during the upcoming JCK Las Vegas show, to be moderated by Rapaport Editor in Chief Sonia EstherSoltani.The series, which will discuss the benefits of naturaldiamonds and natural colored diamonds, will feature a variety of panelists,including Andrew Coxon, president of the De Beers Institute of Diamonds; Andrew Bone, exec...Read More

(IDEX Online) - Namibia aims to complete revisions to its mining act by the end of 2018, according to Mines Minister Tom Alweendo. The revisions being considered include policies on environmental and social responsibility and ensuring the "legislation is sufficiently attractive to inspire new investment," Alweendo said, according to a Reuters report. The country's mining sector is currently govern...Read More

The Chinese ferro-silicon market has rebounded in the week to Friday April 27, ending a steady run of losses since early March, because of supply worries and renewed buying from traders; prices in Europe and the US have gone the other way, however, due to slack demand for alloy on a prompt basis. China pares losses, eyes more gains as China futures jumps Europe, US suppliers cut offer prices...Read More

JOHANNESBURG (miningweekly.com) – LSE-listed Gem Diamonds’ carat recoveries increased by 32% year-on-year to 33 526 ct for the three months ended March 31, compared with the 25 479 ct recovered in the first quarter of 2017.Carat recoveries also rose by 10% on the 30 560 ct recovered in the December 2017 quarter.AdvertisementGem sold 32 412 ct in the March quarter, a 38% year-on-ye...Read More

(Kitco News) - Even though both gold and silver are stuck in a bear market for at least another five years, according to Wells Fargo Investment Institute, traders should pay close attention to silver as it has more upside potential than gold.“We expect another five years or so of the bear, which means capped price rallies, and lots of sideways price action,” John LaForge, head of real...Read More

RAPAPORT... Phillips's May Hong Kong auction will feature a rare52.50-carat Kashmir sapphire and diamond necklace with an estimated price of $2.2million to $2.9 million (HKD 17 million to HKD 23 million). "We are very proud to be entrusted to present a very rareand important Kashmir sapphire and diamond necklace - the first to be offered atauction in the past decade," Terry Chu, head of jewel...Read More

Isodiol International Inc. (CSE:ISOL) has been improving revenues over the last three quarters, now at a rate of $2M/monthSmallCapPower | April 27, 2018: Isodiol International Inc. (CSE:ISOL, $0.80) announced on April 26, 2018, that the UK Medicines and Healthcare Products Regulatory Agency (MHRA) has granted government approval to manufacture commercial cannabidiols (CBD) extracted from hemp stra...Read More

There are several "conventional" methods of trading earnings that most option traders are taught... Sponsored by TheoTradeFour times a year, publicly-listed companies are required to step up to the earnings confessional to announce revenue and earnings per share results for the prior quarter and future projections for growth going forward. These are conducted through prepared press releases and co...Read More

FTSE 100 close up 7.09 pointsSainsbury-Asda merger deal puts spotlight on supermarketsTesco shares decline as Morrisons risePound turns around and strengthens against the euro Sajid Javid replaces Amber Rudd as Home SecretaryCLOSEShares closed barely in positive territory on Monday, shaving off earlier gains as the pound clawed back some ground against the greenback and rose against...Read More

(IDEX Online) - The Natural Color Diamond Association will hold a seminar on 'The benefits and virtues of natural diamonds and natural color diamonds' during the JCK show on June 1. Among the industry figures taking part will be: Andrew Coxon - President, The De Beers Institute of Diamonds; Andrew Bone - Executive  Director, Responsible Jewelry Council; Alethea Inns - Director of Gemology an...Read More

Pure Gold expects to make a production decision later this year for the high-grade, previously mined project that is said to have historically produced 2.5 million ounces of gold.Read More

Shares in Australia's Galaxy Resources (ASX:GXY) jumped Monday after it confirmed it had hired JPMorgan to evaluate "strategic options" for its Argentina-based Sal de Vida lithium and potash project.Move comes at a time when both battery and car companies, especially from China, are moving aggressively to secure steady lithium supply.The announcement followed a report in The Australian newspa...Read More

(Kitco News) - Gold pricesare moderately down and have dropped to a five-week low in early U.S. trading Monday.Silver prices are also weaker and hit a three-week low overnight. The recentsolid rally in the U.S. dollar index continues to curtail buying interest inthe precious metals markets. June Comex gold futures were last down $9.80 anounce at $1,313.70. May Comex silver was last down $0.141 at...Read More

RAPAPORT... The Diamond Club West Coast (DCWC) has elected five people to its board of directors. The new members are Gaby Bachoura of Jewelry Palace, LisaWiener of Worldwide Diamonds, Avida Giloh of Revere Jewels, Steve Korshak of KorshakDiamonds and Setu Doshi from JB Brothers USA. They will join existing board membersDoron Auslander of Adler Trading Co., Tony Ayvazian from Ayvazian Co. and Vipu...Read More