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Tiffany Sales Fall as Tourist Dip Worsens

June 04, 2019 / www.diamonds.net

RAPAPORT... Tiffany & Co.'s revenue and profit dropped in the first fiscalquarter amid a continued decrease in spending by foreign tourists and a strong US dollar, it said Tuesday.  Total revenue fell 3% to $1 billion in the three monthsending April 30, while comparable-store sales - at branches open for at least ayear - declined 5%. Profit slid 12% to $125.2 million. "Our first-quar...Read More

Jade Trau Wins Couture's Best in Bridal

June 04, 2019 / www.diamonds.net

RAPAPORT... Designer Jade Lustig of Jade Trau won the top Couture prizefor her double-banded diamond engagement ring on Saturday in Las Vegas. The jeweler received the Best in Bridal accolade at theCouture Design Awards. Fifteen awards were presented at the ceremony, whichtook place during the Couture luxury-jewelry show.  Jade Trau also won the top honor for bridal in 2017, andwas one o...Read More

Las Vegas Show Sees Light Traffic

June 04, 2019 / www.diamonds.net

RAPAPORT... The JCK Las Vegas show ended Monday, with participants notinga decline in buyer traffic and exhibitors at this year's event. Sentiment amongdiamond suppliers was relatively weak, as buyers were conservative, and overalldealer trading was quiet."You can't come to this show and rely on foot trafficanymore. Neither can you expect to sell big volumes in the loose-diamond section,"explained...Read More

Alrosa to Sell Directly to Consumers

June 04, 2019 / www.diamonds.net

RAPAPORT... Alrosa is launching a source-of-origin program that will enable dealers and consumers to buy polished diamonds with detailed provenance information.The Russian miner will create an "electronic passport" for each diamond on a new website, diamonds.alrosa.ru, presenting the stone's physical characteristics, age, and place and date of extraction, as well as where and when it was cut....Read More

Venezuelan ministers say Pem??n tribe supports Mining Arc, NGOs disagree

June 04, 2019 / www.mining.com

The Venezuelan Ministers of Mining Ecological Development, V?-ctor Cano, and Indigenous Peoples Aloha N????ez met with 15 captains from the Pem??n tribe and, according to state media, reiterated that it is illegal to carry out mining activities in National Parks.According to official outlets, the Indigenous leaders from the southeastern Gran Sabana municipality presented Cano and N????ez with comp...Read More

Junior mining badly in need of kickstart - Swanepoel  

June 04, 2019 / www.miningweekly.com

JOHANNESBURG (miningweekly.com) – Junior mining is badly in need of a policy framework that will kickstart activity, mining luminary Bernard Swanepoel said on Tuesday.Speaking to a packed 2019 Junior Indaba conference for explorers, developers and investors in junior mining, Swanepoel outlined how he had boldly stepped into the world of entrepreneurial junior mining after many years in the c...Read More

Lulo diamonds sell for $10m

June 03, 2019 / www.miningweekly.com

ASX-listed diamond miner Lucapa on Monday announced that its latest sale from the Lulo alluvial mine, in Angola, had achieved gross revenues of $10-million, representing an average price of $1 800/ct.This took total half-year sales of Lulo diamonds to $22.1-million, achieving an average price of $3 668/ct.AdvertisementThe sale excluded several high-value diamonds which remain held in inventor...Read More

Steelmaking Raw Materials Trade Log, June 4, 2019

June 05, 2019 / www.metalbulletin.com

The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials.Latest transaction: iron oreIron oreVale, Beijing Iron Ore Trading Center (Corex), 170,000 tonnes of 62%...Read More

COKING COAL DAILY: Weakness persists in seaborne market amid poor sentiment

June 05, 2019 / www.metalbulletin.com

Seaborne coking coal spot prices continued to trend downward on Tuesday June 4 amid deteriorating sentiment in the market.Offers in the cfr China segment were mostly unrevised, however, according to various sources."We are still waiting for interested buyers or indicative bids. If there is no interest from end users, it would be pointless to lower our offers," a Chinese trading source said.A secon...Read More

Market Summary: Neutral-to-bearish, but ready to turn bullish

June 04, 2019 / www.metalbulletinresearch.com

Neutral-to-bearish,...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...Read More

Aluminium: Range-bound resilience for a little longer

June 04, 2019 / www.metalbulletinresearch.com

Aluminium fared better than its peers...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...Read More

Technical analysis: Retesting more 2019 lows

June 04, 2019 / www.metalbulletinresearch.com

Aluminium As long as the LME aluminium price...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

Copper: Expect a price rebound in June

June 04, 2019 / www.metalbulletinresearch.com

Intense sell-off in May LME 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 as soo...Read More

Lead: Trying to build a base

June 04, 2019 / www.metalbulletinresearch.com

Prices hold down in low...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...Read More

Nickel: Technical break-down risks growing

June 04, 2019 / www.metalbulletinresearch.com

In our latest Stainless Steels Market Tracker report,...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...Read More

Tin: Sell-off may continue in the short term

June 04, 2019 / www.metalbulletinresearch.com

In our latest Stainless Steels Market...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...Read More

Zinc: Price forecast downgraded

June 04, 2019 / www.metalbulletinresearch.com

Trade conflicts suggests HDG price weakness...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 iss...Read More

Base metals investment analysis: Speculative demand up for precious metals, down for base

June 04, 2019 / www.metalbulletinresearch.com

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.SubscribeRead More

Downloadable Base Metals Weekly Data June 4 2019

June 04, 2019 / www.metalbulletinresearch.com

 Click here to download Base Metals Weekly DataDISCLAIMER - IMPORTANT PLEASE READ CAREFULLY This Disclaimer is in addition to our Terms and Conditions as available on our website and shall not supersede or otherwise affect these Terms and Conditions. Prices and other information contained in this publication have been obtained by us from various sources believed to be reliable. This info...Read More

Gold shines while economic, political headwinds keep industrial metals under pressure

June 04, 2019 / www.metalbulletinresearch.com

Markets remain nervous about the trade wars and the impact these are having on global economic growth with recent manufacturing purchasing managers’ index (PMI) data showing a combination of manufacturing contraction, stable but low growth, or slowing growth.Base metalsThree-month base metals prices on the London Metal Exchange were for the most part slightly weaker on the morning of Tuesday...Read More

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