Sarine Technologies Ltd. announced the launch of the Sarine Diamond Journey, an official partners' program with select diamond midstream suppliers. Following the Sarine Diamond Journey provenance tracking program's launch earlier this year, significant interest has been expressed by retailers interested in sourcing Sarine Diamond Journey documented goods. One of the major advantages of s...Read More
The Women's Jewellery Network (WJN) published a list of its new Ambassadors that were revealed this week. Commenting on the launch, WJN Managing Director Victoria McKay said: "This has been a truly humbling, inspiring and challenging process. We were overwhelmed by the response to our call for Ambassadors and as such, wanted to take the time to fully review and respond to every woman who had...Read More
RAPAPORT... Diamonds with proven ethical sourcing should sell for a higher price than others, participants in Rapaport's annual town hall meeting in Las Vegas concluded. "The biggest challenge for sourcing ethical diamonds is whether consumers are willing to pay extra for them," stressed one of the participants in the discussion that took place during last week's JCK show. "I believe there is...Read More
Ten years and ten months after the official opening in July 2008, production at De Beers Group Victor Mine in northern Ontario has come to an end. On May 26, the last of the economic ore was processed through the plant, followed by several days of low-grade ore and limestone to help purge the plant of any remaining diamonds. Mining activities in the pit ended on March 5, when the mine switched to...Read More
The Diamond Development Initiative (DDI), an international non-profit development organization, is seeking an Executive Director to provide strategic and operational leadership for its work on the social, economic, human rights and policy challenges facing the artisanal diamond mining sector in Africa and South America. The position includes working with stakeholders in governments, civil society...Read More
Aim-listed Gem Diamonds paid Lesotho $24.55-million in royalties and taxes for the 2018 financial year.The company, which operates the Letšeng mine, in Lesotho, paid $6.16-million in taxes to the Lesotho Revenue Authority and $18.39-million in royalties to the country’s government.AdvertisementTo watch Creamer Media's latest video reports, click here AdvertisementRead More
Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Comstock Resources today tightened its grip on the Haynesville basin with a US$2.2 billion cash-and-stock deal to buy privately-held Covey Park.Robert Clarke, director, US Lower 48, at global natural resources consultancy Wood Mackenz...Read More
Angola wants to increase its diamond production from 9 to 14 million carats by 2022. An objective of the Angolan government that the World Diamond Council (WDC) considers feasible. In a conversation with Plataforma, WDC President Stephane Fischler said that Angola has all the conditions to be among the biggest producers within three years. To do this, however, it is necessary to "invest and modern...Read More
RAPAPORT... Signet Jewelers has lowered its sales outlook for the restof the year, after revenue fell in the first fiscal quarter. Total sales declined 3.3% to $1.43 billion in the threemonths ending May 4, the retailer reported Thursday. Same-store sales -at branches open for a year or more - slipped 1.3%.Signet now expects sales of $6 billion to $6.06 billion forthe current fiscal year ending Ja...Read More
The world’s largest diamond miner by volume, Russia’s Alrosa, has sold about $700-million worth of diamonds less in the first five months of this year, than in the same period last year, highlighting the pressure that the diamond market is under amid a supply glut.Sales for the January to May period amounted to $1.59-billion, comprising rough diamonds of $1.56-billion and polished diam...Read More
The Turkish deep-sea scrap import market was mostly quiet on Tuesday June 11 with the mills focused on making sales of finished steel, sources told Fastmarkets.The mills in Turkey booked three deep-sea cargoes from the United States over the weekend, taking advantage of falling prices.The prices on those cargoes sent the daily scrap indices down by around $11-12 per tonne at the beginning of the w...Read More
The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials.Latest transactions: iron oreIron oreVale, tender, 105,000 tonnes of 64.48% Fe Pellet Feed Carajas, traded at the July average of the Fastmarkets...Read More
Thin trading kept prices for seaborne coking coal largely stable on Tuesday June 11.A June-loading cargo of a top Australian brand was being negotiated for a trade against the June average of an index at a premium of around 4% during the day, sources said. No transaction was finalized at the time of writing.A shipment of lower-ranked second-tier hard coking coal, scheduled for loading at the end o...Read More
Risk...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.Subsc...Read More
Weak economic indicators were last week's...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue...Read More
Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipLithium's next generationSPONSOREDneo lithiumHot Chili secures copper 'super hub' SPONSOREDhot chili limitedThe company said the successful programme had aimed to increase confidence in the reserve and provide material for feasibility-level metallurgical testwork, w...Read More
Aluminium The LME three-month aluminium price has started...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus down...Read More
Altech ticks boxes on path to production SPONSOREDaltech chemicalsState copper company Codelco saw a 14.4% fall in production to 500,000t from 584,000t a year ago, with declines recorded across its portfolio of operations.The BHP-controlled Escondida also saw a 15% fall in production to 367,000t from 432,000t in the 2018 period, while Collahausi saw a 7.6% decline to 167,000t. The Los Pelambres mi...Read More
Prices near their year-to-date low Copper...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue...Read More
Supply disruption triggers short-covering, spread...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the late...Read More