Following a blockade that lasted for over two months, Peru's national highway CU-135, known as Corredor Minero del Sur, was reopened this weekend and trucks carrying copper concentrate from Las Bambas mine started running through it again.A 12-kilometre section of the runway in the southern Cusco department had been blocked for 68 days by protesters from the Nueva Fuerabamba community, whose farml...Read More
Here are five Fastmarkets MB stories you might have missed on Friday April 12 that are worth another look.Sentiment was unusually bearish at this year's Cesco week in Santiago, Chile, with copper market participants increasingly concerned that sluggish demand in China will limit the upside potential of the red metal price. Steel market participants in the United Kingdom and Europe renewe...Read More
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RAPAPORT... Diamond resources at Mountain Province's explorationproject in Canada's Northwest Territories are 74% higher than the company originallyestimated, according to a revised evaluation. The Faraday 2 deposit, one of three pipes in the miner'sKennady North project, has 5.5 million carats of diamonds, a recent study byexternal consulting companies Aurora Geosciences and SRK Consulting f...Read More
RAPAPORT... The Diamond Empowerment Fund (DEF) has launched its firsteducational grants for young people in Canada's Northwest Territories (NWT). "Creating education and employment opportunities for youthwho live in areas where natural diamonds are found is at the heart of the DEF'smission," Anna Martin, DEF president and senior vice president of the GIA, saidlast week. The scholarships are...Read More
RAPAPORT... Trans Atlantic Gem Sales (TAGS) sold $38.4 million worth ofrough diamonds at a tender in Dubai earlier this month. A total of 41,347 carats of high-quality stones from minesin South Africa, Angola and Namibia yielded an average price of $928 per carat.The sale included a number of large, single stones and exceptional specials,the company said Wednesday. "This month saw a 5% incre...Read More
RAPAPORT... Bonhams has appointed former Christie's executive LeslieRoskind as senior jewelry specialist to help build its presence in the US. Roskind, who will be based at the company's New York office,has worked in the industry for more than 25 years, the auction house said lastweek. Most recently, she was responsible for the acquisition and sale of jewelsto private clients and at trade sh...Read More
RAPAPORT... Stornoway Diamonds will halt open-pit mining atits Renard deposit in an effort to cut costs. The Canada-based miner temporarily suspended activities and shut down aportion of its equipment starting this month, it said last week. Open-pit mining is conducted at only one of the three ore bodies currently in operation at Renard. The other two are both underground pipes, which p...Read More
Stornoway Diamonds published a clarification in response to recent media articles, stating that its Renard Mine will continue to operate. The company emphasized it did not announce the closure of its Renard Mine, but rather the temporary suspension of open pit mining operations at its Renard 65 ore body, one of the 3 ore bodies currently in operation at the Renard Mine, and the only ore body curre...Read More
Kelly Newton, CGA, of Newton's Jewelers in Fort Smith, Arkansas, is the recipient of the American Gem Society's (AGS) most prestigious honor, the Robert M. Shipley Award. Mr. Newton was presented with the award at the Society's annual Conclave in Seattle, WA, that was held earlier this month. "Kelly sets the standard for what an AGS Jeweler should be and what the Shipley Award stands f...Read More
The annual GIA London Jewellery Career Fair brought together nearly 200 gem and jewellery enthusiasts from across Europe on Friday, April 5 at the historic Goldsmiths' Hall in the City of London. Job seekers had the unique opportunity to network with international and local companies looking to fill more than 60 positions in all areas of the industry. They also heard from a panel of industry...Read More
The Gem & Jewellery Export Promotion Council of India (GJEPC), inaugurated the 6th edition of "India Gemstone Week" in Jaipur on April 11. The event was inaugurated by Mr. Pramod Kumar Agrawal, Chairman, GJEPC; Nirmal Bardia, Regional Chairman; Vijay Kedia, Co-convener of the Coloured Gemstone Panel; Sabyasachi Ray, Executive Director, along with International buyers and exhibitors from I...Read More
The American Gem Society (AGS) presented several prestigious awards at its annual Conclave in Seattle, WA, that was held April 8 to 10. All the awards honor excellence, professionalism, and a commitment to ethics and consumer protection. At the Titleholders Luncheon held on April 9, Mark Nanasi, RS, Chair of the Young Titleholders Steering Committee, presented Meredith Schlessinger, CG, with the Y...Read More
The international auction house Bonhams announced the appointment of Leslie Roskind as Senior Jewelry Specialist. She takes up her new position with immediate effect, and will be based in Bonhams New York office. Roskind has been in the jewelry industry for more than 25 years and most recently in the retail and dealer sector working at Fred Leighton and at Windsor Jewels where she was responsible...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipAlkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesGlobal Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corpIt hit 626m at 0.62g/t gold and 0.11% copper from surface at Gran Bestia, which lies 1km no...Read More
...the message from lumber should be paid attention to.Read full newsRead More
Newmont Mining shareholders on Thursday approved the company's $10 billion ...Read full newsRead More
April 12 (Reuters) - Real Gold Mining Ltd: * SEAN ZHANG WILL RESIGN AS AN EXECUTIVE DIRECTOR * WANG CHUNQI WILL RESIGN AS AN EXECUTIVE DIRECTOR * SHAO JIULIN WILL RESIGN AS AN EXECUTIVE DIRECTOR Source ...Read full newsRead More
Farmland and gold are two of the world's oldest and most valuable asset classes, and they share many similar benefits that investors still find attractive today.Read full newsRead More
"Growpacker can even run clinical trials on any product to acquire OTC certifications, which allow customers to make claims on their labels such asRead full newsRead More