News Archives

: Category: News Archives; Created: 26 July 2022; Hits: 1234

July 26, 22 by John Jeffay

(IDEX Online) - Two suspects have been arrested after an armed robbery in Phoenix, Arizona, USA, that left a jewelry store worker in a critical condition with a gunshot wound.

Matthew David Jones, 22, and Helen Ann Simmons, 18, were caught two days later at Huntington Beach, California, 400 miles away, following an hour-long car chase that was caught on camera.

One suspect allegedly pointed a gun at employees while the other smashed display cases and stole jewelry at Andrew Z Diamonds and Fine Jewelry, in Anthem, Phoenix.

An eyewitness told the Fox 10 TV station she saw two armed suspects wearing motorcycle helmets, then heard five or six gunshots.

Maricopa County Sheriff's Office, California said: "The suspects arrested matched the same description as the suspects involved in the armed robbery at the jewelry store in Anthem."

Screen grab courtesy Fox 10 shows a suspect surrendering after an hour-long chase....

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: Category: News Archives; Created: 25 July 2022; Hits: 1191

Wall Street legend, Peter Grandich outlines his investment insights on the gold and silver sector, which represents the, "... best opportunity in his lifetime." ⦁ By directing profits in overpriced stocks and related assets, investors can procure gold and silver and related shares at or even under the intrinsic value.

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: Category: News Archives; Created: 24 July 2022; Hits: 1180

July 24, 22 by John Jeffay

(IDEX Online) - Gemfields says operations at its ruby mine in Mozambique are continuing, with increased vigilance, despite an attack in the vicinity as party of an Islamic State-linked insurgency.

The London-based miner operates and owns 75 per cent of Montepuez Ruby Mining (MRM), which last month reported a record $95.6m revenue from online auction of its rubies.

Thousands of people have died since the start of the the Cabo Delgado insurgency in October 2017, aimed at establishing an Islamic state in Mozambique.

An attack earlier this month on the Muaja village area, 30km away, was the closest so far to the mine.

In a statement Gemfields said that it and MRM "hold the health and safety of their employees and contractors as their highest priority and remain in regular contact with government authorities as well as closely monitoring developments.

"Given recent developments and the associated security review, operations continue with increased vigilance."

Pic shows Gemfields rubies from its record sale in June....

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: Category: News Archives; Created: 23 July 2022; Hits: 1103

The market is at a key juncture. So far, the major indices have put in a higher bottom and have been slowly coiling despite bad news and downgraded forecasts. That suggests the conditions for a continued rally are firming up.

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: Category: News Archives; Created: 22 July 2022; Hits: 1105

Driven by the price decline, domestic consumption of gold has increased significantly, with the outlet's sales volume expected to jump about 20 percent in July, compared with the previous month, Chen said.

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Diamond News Archives

Two Arrested After Armed Raid on Jewelry Store

Best Opportunity in My Lifetime in the Gold and Silver Sector: Peter Grandich

Gemfields Ruby Mine Still Open, Despite Islamist Violence in Mozambique

Weekly Market Recap: Rally Or Rollover? Market At A Key Juncture

Gold Seen Booming in Chinese Domestic Market As Price Hits New Low