Continue...Bob brought 321gold.com to the Internet almost 14 years ago. They later added 321energy.com to cover oil, natural gas, gasoline, coal, solar, wind and nuclear energy. Both sites feature articles, editorial opinions, pricing figures and updates on current events affecting both sectors. Previously, Moriarty was a Marine F-4B and O-1 pilot with more than 820 missions in Vietnam. He holds 1...Read More
RAPAPORT... Christie's New York spring sale will feature an8.42-carat, fancy intense pink diamond ring, estimated at between $4 millionand $6 million, the auction house said Friday. The cut-cornered rectangular modified brilliant-cut, VVS1-claritystone has the potential to be recut to internally flawless, according toChristie's. Two tapered baguette-cut diamonds surround it on either side. Otherno...Read More
Lalita Shinde, a member of the trust that is in charge of managing operations at the Trimbakeshwar temple in northwestern India, approached her country's National Archives this week and presented a memorandum demanding the repatriation of the blue Nassak diamond, which reportedly once graced the crown of Lord Shiva idol.The trustee has been in this quest for a few years now. According to local med...Read More
(IDEX Online) - The Gem & Jewellery Export Promotion Council (GJEPC) has signed a cooperation agreement with UBM Asia Ltd, to organize the India pavilion at UBM's Hong Kong Jewellery & Gem Fair held during June and September 2018. Both shows are leaders in the gem and jewelry industry. GJEPC Chairman Mr. Pramod Agarwal said, "Hong Kong is the second largest export market fo...Read More
RAPAPORT... Tango Mining achieved an average price of $864 per carat atits March tender, driven by the sale of an 8.47-carat diamond, the company saidFriday. The stone, which fetched $2,896 per carat, was among 106 roughdiamonds - weighing a combined 159.34 carats - that Tango put up for sale. Tango sources its diamonds from the Oena mine in SouthAfrica. The company has recovered 1,660...Read More
When Britain's Prince Harry marries Meghan Markle in May he is expected to follow a royal tradition started nearly 100 years ago of using a wedding band of Welsh gold.His great-grandmother, Queen Elizabeth the Queen Mother, was the first to use gold from Wales in a wedding ring when, as Elizabeth Bowes Lyon, she married the future King George VI in 1923.Her example was followed by the current Quee...Read More
(IDEX Online) - The organizers of the CARAT+ show said that GIA Executive Vice President and Chief Laboratory and Research Officer Tom Moses will speak at a GIA GemFest during the May 6 to 8 show in Antwerp. GIA will participate at CARAT+ with information about its research programs, educational offerings, and gemological laboratory services and instruments. On May 7, Moses will spea...Read More
RAPAPORT... The Jewelers Board of Trade (JBT) has appointed RichardWeisenfeld as president, the industry group said Friday. Weisenfeld (pictured), who previously held executive positions at RivaPrecision Manufacturing, as well as at Pranda North America, has been actingpresident since Anthony Capuano retired in February. He has served on the JBT boardfor 17 years, and was chairman from 2014...Read More
RAPAPORT... Jewelers of America (JA) has promoted Annie Doresca to chieffinancial officer, the trade organization said last week. Doresca (pictured) has been director of finance and administration for JA since 2008. In the larger role, she will handle matters related to JA, its publishing unit National Jeweler, and the DiamondCouncil of America (DCA), which became an affiliate of JA in A...Read More
RAPAPORT... Lucara Diamond Corp. has appointed Zara Boldt as its chieffinancial officer and corporate secretary, as part of an effort to consolidateits management team, the miner said last week. "[Zara] will be focused on maximizing the value of Lucara'score diamond-mining business at Karowe, and will support the development ofClara, our new secure, digital diamond-sales platform," said CEO...Read More
RAPAPORT... Alrosa has encouraged its long-term clients to disclose theRussian origin of diamonds they buy from the miner. The company has urged its Alrosa Alliance members - clients thathaved a rough-buying contract with the miner - to be open about where they get their diamonds from when selling them on to others. This includes "highlighting the exclusively Russian,natural and non-conflict origi...Read More
This product isclassified as 'very high risk' in nature due to its location and geopoliticalsituation of the region. FinFeed advises that extra caution should be takenwhen deciding whether to engage in this product, however if you are not surewhether it is suitable for you we suggest you seek independent financialadvice.West Africa-focused goldexplorer, Cora Gold (LON:CORA), hasupdated the market...Read More
Reedy LagoonCorporation Limited (ASX:RLC) today provided an update on lithium drilling atits wholly-owned Columbus Salt Marsh Project in Nevada, USA. Extensive volcanicash deposits have been intersected in the current drill hole, indicatingprospectivity for lithium, while the presence of brine has been confirmed inaquifer above the Target Zone. The ColumbusSalt Marsh Lithium Brine Project is one...Read More
ASX gold explorer, Stonewall ResourcesLimited (ASX:SWJ), this morning updated the market regarding ongoing work atits TGME gold project in South Africa, reporting strong progress.The current diamond drilling program at the Theta Hill prospect has targeted shallow open-cutresources. This phase of drilling is expected to be completed in late April, witha second diamond rig expected to arrive on site...Read More
Lithium exploration company, Lake ResourcesN.L. (ASX:LKE) today announced it has secured commitments to raise A$4.5million in an oversubscribed private placement to sophisticated andprofessional investors. The original offer was increased from $4million due to significant demand from current shareholders, with the upsized$4.5 million raise to be completed by Monday 26 March 2018.The funds will be...Read More
Prices in the global billet markets started to slip in the week ended Friday March 23 amid growing negative sentiment caused by expectations of change after the introduction of protective tariffs against imported steel in the United States following the investigation under Section 232.Additionally, US President Donald Trump unveiled plans for fresh trade sanctions against China on Thursday, which...Read More
Interesting discussion of capital flowsRead More
Lalita Shinde, a member of the trust that is in charge of managing operations at the Trimbakeshwar temple in northwestern India, approached her country's National Archives this week and presented a memorandum demanding the repatriation of the blue Nassak diamond, which reportedly once graced the crown of Lord Shiva idol.The trustee has been in this quest for a few years now. According to local med...Read More
Local media in India report that hundreds of people gathered in the Tuticorin district, which is located in the southeastern state of Tamil Nadu, to protest against Vedanta's (LON:VED) Sterlite copper plant.The protesters were asking authorities and the company to stop expanding the smelter and to shut it down. They say that, for more than two decades, gas emissions and effluents from the facility...Read More
Personnel from Mexico's Federal Attorney's Office for Environmental Protection visited the San Dimas mine to evaluate the extent of the damage caused by a cyanide spill that reached the nearby Piaxtla river.San Dimas, located in the northwestern Durango state, is owned by Canada's Primero Mining (TSX:P). The project consists of five ore blocks contained within a 22,500 hectares contiguous property...Read More