Silver Leads the Recovery: Bearish Move Shows First Signs of Exhaustion

Macro Snapshot: The week ending May 1 was dominated by Powell’s final FOMC meeting on April 28-29, which delivered the headline outcome markets expected — a hold at 3.50-3.75% — but with a far more contentious internal split than anticipated. The committee voted 8-4 to hold (some sources reported 11-1, but the dissent count of four is firmer), with Stephen Miran preferring an immediate quarter-point cut and three others — Hammack, Kashkari, Logan — supporting the hold but opposing the

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Silver Leads the Recovery: Bearish Move Shows First Signs of Exhaustion

Macro Snapshot: The week ending May 1 was dominated by Powell’s final FOMC meeting on April 28-29, which delivered the headline outcome markets expected — a hold at 3.50-3.75% — but with a far more contentious internal split than anticipated. The committee voted 8-4 to hold (some sources reported 11-1, but the dissent count of four is firmer), with Stephen Miran preferring an immediate quarter-point cut and three others — Hammack, Kashkari, Logan — supporting the hold but opposing the

Read More »

Top News

Gold Corporation & Kirkland Lake Gold Join WGC

London: The World Gold Council (WGC), the market development organisation for the gold industry, has welcomed Detour Gold Corporation and Kirkland Lake Gold Ltd. to its Board of Members. Detour Gold Corporation (“Detour”) is a Canadian mid-tier gold mining company, with expected 2018 production to be between 600,000 and 650,000 ounces. Detour owns and operates the Detour Lake mine, one

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Forevermark Builds Presence in European Markets

New York: De Beers Group announced that its Forevermark diamond brand will enter the German market for the first time after signing with an exclusive licensee partner, and is in advanced-stage discussions with potential partners in France and Italy. The expansion into new European markets comes on the back of successful global performance throughout 2017 and in 2018 to date.

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MGCJ to Launch Synthetic Diamond Identification Kit

Vancouver: One of the highlights of the upcoming 4th Mediterranean Gemmological and Jewellery Conference (MGCJ), to be held May 18-20, in Budva, Montenegro, will be the introduction of an affordable synthetic diamond identification kit and other portable instruments that will enable users to help identify loose and mounted melee-sized synthetic diamonds, as well as larger stones. MGCJ, which is a

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De Beers Signs MoU with Mountain Province

Gaborone: De Beers Group has signed a non-binding Memorandum of Understanding (MoU) with its partner in the Gahcho Kué mine, Mountain Province Diamonds Inc. (Mountain Province). The MoU contemplates incorporating properties owned by Kennady Diamonds Inc. (Kennady Diamonds) into the Gahcho Kué joint venture, in the event that Mountain Province’s proposed acquisition of Kennady Diamonds is approved. Mountain Province and

Read More »

Gold Corporation & Kirkland Lake Gold Join WGC

London: The World Gold Council (WGC), the market development organisation for the gold industry, has welcomed Detour Gold Corporation and Kirkland Lake Gold Ltd. to its Board of Members. Detour Gold Corporation (“Detour”) is a Canadian mid-tier gold mining company, with expected 2018 production to be between 600,000 and 650,000 ounces. Detour owns and operates the Detour Lake mine, one

Read More »

Forevermark Builds Presence in European Markets

New York: De Beers Group announced that its Forevermark diamond brand will enter the German market for the first time after signing with an exclusive licensee partner, and is in advanced-stage discussions with potential partners in France and Italy. The expansion into new European markets comes on the back of successful global performance throughout 2017 and in 2018 to date.

Read More »

MGCJ to Launch Synthetic Diamond Identification Kit

Vancouver: One of the highlights of the upcoming 4th Mediterranean Gemmological and Jewellery Conference (MGCJ), to be held May 18-20, in Budva, Montenegro, will be the introduction of an affordable synthetic diamond identification kit and other portable instruments that will enable users to help identify loose and mounted melee-sized synthetic diamonds, as well as larger stones. MGCJ, which is a

Read More »

De Beers Signs MoU with Mountain Province

Gaborone: De Beers Group has signed a non-binding Memorandum of Understanding (MoU) with its partner in the Gahcho Kué mine, Mountain Province Diamonds Inc. (Mountain Province). The MoU contemplates incorporating properties owned by Kennady Diamonds Inc. (Kennady Diamonds) into the Gahcho Kué joint venture, in the event that Mountain Province’s proposed acquisition of Kennady Diamonds is approved. Mountain Province and

Read More »

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