Recent News

Jewelers of America to Host First Annual Convention

October 25, 2018 / www.idexonline.com

(IDEX Online) - Jewelers of America (JA), the national trade association for businesses serving the fine jewelry marketplace, will host the first annual Jewelers of America National Convention, an education-focused executive forum open to jewelry professionals. The Convention will take place July 28-29, 2019, in New York City.   "Engaging Jewelers of America's network of more than 8,000 jewe...Read More

Lucapa Prepares to Sell Mothae Diamonds

October 25, 2018 / www.diamonds.net

RAPAPORT... Lucapa Diamond Company will begin producing diamonds at itsMothae mine on a commercial scale, paving the way for its first scheduled salelater this year. The miner has commissioned the Lesotho asset's treatmentplant, and expects to see its first commercial recoveries in early November, itsaid Monday. It plans to increase production to its intended levels during thefourth quarter....Read More

World Diamond Congress Holds In-Depth Debates on Industry Challenges

October 25, 2018 / www.idexonline.com

(IDEX Online) - The wide range of challenges facing the global diamond industry were outlined by World Federation of Diamond Bourses (WFDB) President Ernie Blom in his keynote speech on the second day of the 38th World Diamond Congress on Wednesday.   From financing to generic marketing and the need to attract Millennial buyers to the impact of De Beers' Lightbox jewelry, maintaining co...Read More

South Africa's IDC invests R100m in Lucapa's Lesotho mine

October 25, 2018 / www.miningweekly.com

PERTH (miningweekly.com) – Diamond miner Lucapa Diamond Company has secured a R100-million development facility from the Industrial Development Corporation of South Africa (IDC) for its Mothae kimberlite diamond mine, in Lesotho.The facility will span a four-year period, and will include a 12-month moratorium on capital repayments. Interest on the facility will be calculated at the Johannesb...Read More

CBG on First Buying Mission to Israel Diamond Exchange

October 25, 2018 / www.idexonline.com

(IDEX Online) - At the invitation of the Israel Diamond Exchange (IDE), Continental Buying Group (CBG) has brought its first buying mission to the Israeli bourse.   CBG is the largest independent jewelry organization in the United States, representing over 100 of the most successful independent jewelers in the country, the IDE said.   The eight-member delegation consisting of leading je...Read More

Responsible Artisanal Gold Solutions Forum Announces First Conflict-Free Supply Chain

October 25, 2018 / www.idexonline.com

(IDEX Online) - The Responsible Artisanal Gold Solutions Forum, with USAID and local partners, has announced the first conflict-free artisanal gold from the Democratic Republic of the Congo (DRC) exported to U.S. jewelers.   Forum member Sasha Lezhnev, Deputy Director of Policy at the Enough Project, said, "This gold proves that it is possible to source conflict-free, responsible gold from Co...Read More

Year-to-date copper, gold, silver production up

October 25, 2018 / www.mining-journal.com

Amerigo MVC plant ramp-up on courseSPONSOREDamerigo resourcesKAZ produced 77,200 tonnes of copper in the quarter, up 2.5% year-on-year. For the first nine months of the year, output totaled 216,800t, climbing 12.2% on the year and keeping it on track to m...Read More

Nevsun-Zijin deal nearer closing

October 25, 2018 / www.mining-journal.com

Amerigo MVC plant ramp-up on courseSPONSOREDamerigo resources Nevsun also disclosed Wednesday that Zijin had met the first of three Chinese regulatory requirements needed for the deal to close.With the National Development and Reform Commission approval in hand, Zijin is still awaiting approval from the Ministry of Commerce. The two permits are required for Zijin to apply for final approval...Read More

Metals give back recent price gains while weakness in equities weighs on sentiment

October 25, 2018 / www.metalbulletinresearch.com

Three-month base metals prices on the London Metal Exchange were for the most part under pressure during morning trading on Thursday October 25, with the complex down by an average of 0.2%. Poor US new home sales data on Wednesday and weakness in equity markets are weighing on market sentiment. Copper leads the weakness with a decline of 0.8% as at 07:39am London time, with aluminium, zinc an...Read More

Tech Talk for Thursday October 25th 2018

October 25, 2018 / www.timingthemarket.ca

U.S. equity index futures were higher this morning. S&P 500 futures were up 20 points in pre-opening trade.Index futures were virtually unchanged following release of economic news at 8:30 AM EDT. Consensus for Weekly Jobless Claims was 213,000 versus 210,000 last week. Actual was 215,000. Consensus for September Durable Goods Orders was a drop of 1.3% versus a gain of 4.1% in August. Actual w...Read More

Late-Stage Bull Market Correction

October 25, 2018 / www.financialsense.com

Any time there's a big correction in the market, there's a temptation to fear the worst-case scenario. Since the most recent worst-case scenario-the 2008 financial crisis-happened to be one of the worst in modern history, psychologically speaking we are all pretty doomed to judge the likelihood of another 2008-like financial crisis with a much higher probability. This is commonly referred to as th...Read More

Pension Tension

October 25, 2018 / dailyreckoning.com

This is a very emotional subject, pensions. Politicians and unions promised pensions they had no way to fund for the last 40 years and the bill has come due. It’s not just bad for taxpayers, it’s bad for pensioners. If you think local governments won't take away the pensions they promised, you clearly aren't paying attention.The face of retirement changed when Nixon took the dollar off...Read More

Gas Alert: Critically Low Storage Levels Ahead

October 25, 2018 / dailyreckoning.com

I can’t believe I’m actually saying this...But I believe the price of natural gas could DOUBLE in the next three months.That’s right.The theory behind my call is simple. All that is required is just a couple months of colder than normal weather.And the best part... Investors that are positioned correctly could soon see a sizeable payday.Let me explain...As of today, the amount of...Read More

Copper Fox Completes Sampling Program at Mineral Mountain

October 25, 2018 / copperfoxmetals.mwnewsroom.com

CALGARY, Alberta, Oct.25, 2018(GLOBE NEWSWIRE) -- Copper Fox Metals Inc. ("Copper Fox" or the "Company") (TSX-V: CUU - OTC-Pink: CPFXF) and its wholly owned subsidiary, Desert Fox Copper Inc. ("Desert Fox"), are pleased to provide an update on a recently completed mapping and sampling program on Copper Fox's 100% owned Mineral Mountain copper project located approximately 15 miles east of Florenc...Read More

Sowers discusses future lunar settlement with Nature

October 25, 2018 / www.minesnewsroom.com

George Sowers, professor of practice in the space resources program at Colorado School of Mines, was recently interviewed by Nature about what it would take to build a sustainable base on the Moon.From the article:Researchers relish the idea of a base for conducting experiments on the Moon and as a way to trial technologies for heading to Mars. Private firms, however, are increasingly tempted by t...Read More

Goncalves abuse counter-productive

October 25, 2018 / www.mining-journal.com

Galan Lithium scores coup in Argentina's 'Pilbara of lithium'SPONSOREDgalan lithiumKasbah on cusp of tin riches at world-class AchmmachSPONSOREDkasbah resourcesOne simple solution to optimize your underground operationSPONSOREDkomatsuWhite Rock sets cracking Alaska pace in first field seasonSPONSOREDwhite rock mineralsGoncalves stunned market observers with a no holds barred attack on...Read More

Liberty Gold expands mineralized footprint at Goldstrike

October 25, 2018 / www.northernminer.com

Shallow infill and step-out drilling 250 metres south of the main deposit at Liberty Gold's (TSX: LGD) flagship Goldstrike project in Utah, suggests that oxide gold bearing feeder structures follow multiple orientations that cross-cut the main deposit trend, the company says.Exploration results from the Peg Leg area at the past-producing mine also indicate that the zone has starter pit potential g...Read More

Site visit: Nevada Copper rolling Pumpkin Hollow forward

October 25, 2018 / www.northernminer.com

YERINGTON, NEVADA - For the townsfolk of Yerington, Nevada Copper's (TSX: NCU; US-OTC: NEVDF) plan to begin production next year at its Pumpkin Hollow copper mine has been 40 years in the making.The waste dumps left by Anaconda Mining Co. after it shut copper operations in 1978 still loom large over this town in Nevada's Mason Valley, not far from Lake Tahoe and the California state line.There hav...Read More

B2Gold updates Fekola resource in Mali

October 25, 2018 / www.northernminer.com

Less than a year after B2Gold (TSX: BTO; NYSE-AM: B2G) declared commercial production at its 80%-owned Fekola mine in southwestern Mali, the gold producer has updated the mine's resource estimate.Based on about 192,000 metres of exploration drilling in 928 holes, B2Gold estimates Fekola now contains 92.81 million indicated tonnes grading 1.92 grams gold per tonne for 5.73 million ounces of conta...Read More

Video: Sean Boyd accepts Mining Person of the Year Award at PMF 2018

October 25, 2018 / www.northernminer.com

Sean Boyd, Agnico Eagle Mines CEO, accepts The Northern Miner's Mining Person of the Year Award at the 2018 Progressive Mine Forum in Toronto. The event was presented by The Northern Miner and Canadian Mining Journal on Oct. 10, 2018, at the MaRS Discovery District.Read More

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