Global Gold City Project Announced
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The Correction is Ten Weeks Old. The Floor Has Not Broken. Is That the Signal?
Macro Snapshot: The week ending July 31 delivered two of the most consequential macro events of 2026, and neither resolved the stalemate that has defined gold and silver for five weeks. On Wednesday July 29, the Federal Reserve held rates at 3.50-3.75% in a divided 9-3 vote. Three regional Fed presidents (Cleveland’s Beth Hammack, Minneapolis’ Neel Kashkari, and Dallas’ Lorie Logan) dissented in favour of an immediate 25 basis point hike, the largest number of dissents for rates to move
The Correction is Ten Weeks Old. The Floor Has Not Broken. Is That the Signal?
Macro Snapshot: The week ending July 31 delivered two of the most consequential macro events of 2026, and neither resolved the stalemate that has defined gold and silver for five weeks. On Wednesday July 29, the Federal Reserve held rates at 3.50-3.75% in a divided 9-3 vote. Three regional Fed presidents (Cleveland’s Beth Hammack, Minneapolis’ Neel Kashkari, and Dallas’ Lorie Logan) dissented in favour of an immediate 25 basis point hike, the largest number of dissents for rates to move
Top News
De Beers to Move 200 Elephants from SA to Mozambique
Gaborone: De Beers Group has begun to transport 200 elephants across 1,500km from its Venetia Limpopo Nature Reserve (VLNR) in South Africa to Mozambique. The operation, one of the largest elephant translocations ever recorded in South Africa, is part of a major conservation initiative to protect the welfare of wildlife in South Africa and help restore Mozambique’s elephant population. For
De Beers Group Acquires Peregrine Diamonds
Gaborone: De Beers Group is pleased to announce that its Canadian mining business, De Beers Canada, has entered into an agreement to acquire 100 per cent of the outstanding securities of Peregrine Diamonds Ltd (TSX: PGD) (“Peregrine”), owner of the high quality Chidliak diamond resource located in Canada’s Nunavut Territory, at a purchase price of C$0.24 per share, for a
De Beers’ Q2 Production Rises 3% to 9 Million Carats
Gaborone: Releasing its production update for the three months ended June 30, 2018, mining conglomerate Anglo American plc said that De Beers had seen a 3% growth in rough diamond production to 9.0 million carats during this period. Giving further details, De Beers said the rise reflected both production increases to meet stronger demand as well as the contribution from
CIBJO Participating in ECOSOC High-Level Segment
New York: CIBJO President Gaetano Cavalieri is participating in the annual High-Level Segment of the Economic and Social Council (ECOSOC) currently underway in New York, where just prior to the meeting the council’s Secretary General approved and distributed a statement on the jewellery industry’s contribution to the UN development programme that had been submitted by the World Jewellery Confederation. The
De Beers to Move 200 Elephants from SA to Mozambique
Gaborone: De Beers Group has begun to transport 200 elephants across 1,500km from its Venetia Limpopo Nature Reserve (VLNR) in South Africa to Mozambique. The operation, one of the largest elephant translocations ever recorded in South Africa, is part of a major conservation initiative to protect the welfare of wildlife in South Africa and help restore Mozambique’s elephant population. For
De Beers Group Acquires Peregrine Diamonds
Gaborone: De Beers Group is pleased to announce that its Canadian mining business, De Beers Canada, has entered into an agreement to acquire 100 per cent of the outstanding securities of Peregrine Diamonds Ltd (TSX: PGD) (“Peregrine”), owner of the high quality Chidliak diamond resource located in Canada’s Nunavut Territory, at a purchase price of C$0.24 per share, for a
De Beers’ Q2 Production Rises 3% to 9 Million Carats
Gaborone: Releasing its production update for the three months ended June 30, 2018, mining conglomerate Anglo American plc said that De Beers had seen a 3% growth in rough diamond production to 9.0 million carats during this period. Giving further details, De Beers said the rise reflected both production increases to meet stronger demand as well as the contribution from
CIBJO Participating in ECOSOC High-Level Segment
New York: CIBJO President Gaetano Cavalieri is participating in the annual High-Level Segment of the Economic and Social Council (ECOSOC) currently underway in New York, where just prior to the meeting the council’s Secretary General approved and distributed a statement on the jewellery industry’s contribution to the UN development programme that had been submitted by the World Jewellery Confederation. The
