Tuesday, November 26, 2013

Titan Medical Inc. - TMD.v

Titan Medical Inc. - TMD.v is developing the SPORT™ (Single Port Orifice Robotic Technology) Surgical System for use in minimally invasive surgery (“MIS”) that is expected to be commercially available in 2015.
Titan’s robotic surgical system is being designed to expand robotic surgery into areas that are currently underserviced. Currently, the most common medical procedures for which robotic systems are used are hysterectomies and prostatectomies.

On November 11, 2013 the company released News

"Titan Medical Inc. (“Titan” or the “Company”) (TSX VENTURE:TMD)(OTCQX:TITXF) announced today that it recently started tissue testing that has been highly successful in assessing and measuring the functionality of the Single Port Orifice Robotic Technology SPORT™ Surgical System. The purpose of tissue testing is to undertake a sequence of tests with refinements and improvements after each test, leading ultimately to the finalized fully-functional SPORT™ Surgical System. Tissue testing constitutes the first major milestone on Titan’s pathway to commercialization.

In the last two weeks, the protocols in the first two tests were implemented and the goals were successfully attained. Two more tests are planned before the end of this year. During the next nine months, iterative testing and fine tuning of all the components of the SPORT™ Surgical System will take place.

The testing is being led by Dr. Dennis Fowler who is responsible for clinical affairs and Titan’s process for obtaining regulatory approval. Dr. Fowler is working closely with the Clinical and Regulatory department of Ximedica, Titan’s development partner of record, in solidifying Titan’s regulatory strategy for obtaining permission to market the SPORT™ Surgical System from the U.S. Food and Drug Administration (FDA) and for obtaining CE Mark from the European Union.


Monday, November 25, 2013

PolyMet Mining Corp - POM.t

PolyMet Mining Corp - POM.t is advancing the flagship NorthMet copper-nickel-precious metals project.

The NorthMet Project is located in the established Mesabi Iron Range mining district in northeastern Minnesota.

On November 6, 2013 the company released News

"PolyMet Mining Corp. (“PolyMet” or the “Company”) TSX: POM; NYSE MKT: PLM – The publication of a Supplemental Draft Environmental Impact Statement will wait two more weeks as a result of the three-week federal government shutdown, the Minnesota Department of Natural Resources announced in a news release today (http://news.dnr.state.mn.us/).

As a result, the document will be available for public review on Dec. 6, 2013 when it will be published in the Federal Register. It will then be published in the Minnesota Environmental Quality Board Monitor Dec. 9, 2013. The original publication date was Nov. 22, 2013.

“We’re taking this short delay in stride,” said Jon Cherry, president and CEO. “We look forward to this long-awaited comprehensive environmental review being published and made available for public review and comment.”

He said publication of the SDEIS is the culmination of nearly four years of work by scientists and engineers to improve the design and complete the analysis and technical studies for the proposed mine as requested by the state and federal government agencies co-leading the review. It marks a major milestone in the project’s development.





Saturday, November 23, 2013

World's most expensive Diamonds

The Chloe Diamond is a brilliant-cut diamond, weighing 84.37 carats, bought by Georges Marciano, the founder of clothing company Guess Inc. Marciano named the stone “the Chloe Diamond” after his then 12-year-old daughter.

The diamond sold for $16.2 Million at Sotheby's Geneva in 2007.
In November 2012, Christie's sold the cushion-shaped, colourless, 76.02-carat Archduke Joseph Diamond for $21.5 million.
A 14.23 carat diamond, named The Perfect Pink, sold for $23,165,968 in November 2010 to an anonymous buyer after an intense bidding war with four others.

Christie's says only 18 diamonds bigger than 10 carats and showing a distinct pure pink colour have ever gone on the block in 244 years of auction history.
The Wittelsbach-Graff Diamond is a cushion-cut fancy deep grayish blue diamond weighing 35.56 carats. It sold at auction in December 2008 for $24.3m

The diamond originates from the Indian kingdom of Golkonda. It's rumored that King Philip IV of Spain purchased the jewel and included it in the dowry of his teenage daughter, Margaret Teresa, in 1664.
On 15 May 2013 Christie’s auctioned the "Winston Legacy" in Geneva for $ 26.7m. A pear-shaped perfect diamond weighing 101.73 carats, this sensational gemstone is not only one of the largest pear-shaped diamonds known to date, it is also one of the world’s most perfect diamonds: a D colour, Type IIA Flawless gem.

The rough stone weighed 236 carats when it was extracted from the Jwaneng mine (DeBeers) in Botswana and required 21 months to polish.
The Orange - Christie’s Geneva sold the largest fancy vivid orange diamond ever offered at auction, weighing 14.82 carats, for a record $35.5m or $2.4 million per carat.

The sale set a world record price per carat for any diamond sold at auction, as well as a world record price for an orange diamond. It is the 4rd most expensive diamond ever sold at auction. Christie's said: “Time and again, a stone will appear on the market that is truly a miracle of nature. The 14.82-carat orange diamond is one such a stone, a rare gem, which will perhaps only be seen once in a lifetime.
The Princie Pink is a cushion-cut 34.65 carats and is one of the finest and largest of its kind.

The stone can be traced back to the ancient diamond mines of India. The diamond was sold at auction in 1960 where it brought a price of 46,000 pounds sterling (approximately $69,588 in today's currency).

The stone sold for $ 39m in April, 2013.

The Graff Pink is a vivid pink, round-cornered rectangular step-cut diamond weighing 24.78 carats, set between shield-shaped diamond shoulders, in platinum.

It sold on November 10, 2010 for $ 46.2m

The 59.6-carat Pink Star diamond lived up to its hype by selling for a world record price of approximately $83.4 million at Sotheby’s Geneva Magnificent Jewels sale Wednesday.

When introducing the internally flawless fancy pink vivid diamond, David Bennett, chairman of Sotheby’s Jewellery Division in Europe and the Middle East, called it “one of the most remarkable gems to ever appear at auction.”
Sotheby's David Bennett says the diamond belongs in "the ranks of the earth's greatest natural treasures." He said "it was very rare to have vivid pink diamonds weighing only five carats, this 59.60 carat stone is simply off any scale." It is over twice the size of the 24.78-carat "Graff Pink" diamond that set the world auction record for $46.2m.

The gem, which was mined by De Beers in Africa in 1999, has received the highest possible colour and clarity rating from the Gemological Institute of America (GIA). It weighed 132.5 carats in the rough, and was cut and polished over a period of two years by Steinmetz Diamonds.