Here are five Fastmarkets MB stories you might have missed on Friday March 8 that are worth another look.It is "inevitable" that secondary lead will be listed on the Shanghai Futures Exchange in the future, given the material's rapid growth in supply and increasing market share in China's lead industry, Fastmarkets heard at the Consortium For Battery Innovation 2019 China Technical Workshop i...Read More
The US copper rod premium has again held steady, although market participants noted pressure from solid demand and tightening supply, citing reported output issues at copper rod producer Asarco.Fastmarkets AMM's assessment of the US copper rod premium was unchanged at 15-17 cents per lb delivered to the Midwest on Thursday March 7; the premium has remained at that level since January 3. "Demand is...Read More
While it seems to fly in the face of everything we believe and have been taught about nuclear power, it may actually be the safest form of power production that we have. Ironically, the immense potency of the power of splitting an atom is simultaneously what makes nuclear weapons so dangerous as well as what makes nuclear power so safe. Despite high-profile nuclear disasters like Chernobyl in Ukra...Read More
RAPAPORT... Fugitive Indian diamantaire Nirav Modi is living an upscale life in London and running a diamond business there, according to a reportby UK newspaper The Telegraph. The publication tracked down Modi to an GBP 8 million ($10.4million) apartment in London's West End. The jeweler, suspectedof defrauding Punjab National Bank of $2 billion, is involved in a newdiamond firm run out...Read More
RAPAPORT... Petra Diamonds recovered two gem-quality rough stones fromits Cullinan mine in South Africa Friday. The 100.83-carat, D-color, type IIstone and another 6.12-carat, blue, type II diamond will be included in the company'supcoming tender later this month. Petra's stock price rose 6% on the day of the announcement. The company's share performance has been suffering partly due to...Read More
RAPAPORT... Belgium's shipments of rough and polished slowed inFebruary. An 8% drop in the volume of polished exports outweighed growth in theaverage price, with the total value down 3% for the month, according to datathe Antwerp World Diamond Centre (AWDC) released last week. The decline reflected a drop in orders from Hong Kong, the US, Switzerland, Israel and India. Roughimports and export...Read More
Petra Diamonds Limited recovered a 100.83 carat D-Colour Type II gem quality diamond, following another recent recovery of a 6.12 carat Type II blue stone at its Cullinan Diamond Mine. According to the firm, the finds, which occurred earlier this month, demonstrate the prevalence of these types of stones in the Cullinan orebody as well as the ability of the mine's plant to recover the full spectr...Read More
This Spring, Sotheby's Magnificent Jewels and Jadeite auction in Hong Kong promises to deliver "a wealth of color and design through rare gems and intricately crafted jewels." The auction house will feature signed pieces by legendary maisons, such as an exquisite emerald and diamond necklace by Van Cleef & Arpels, alongside a specially curated collection of colored gemstones and colored diamon...Read More
Burdened with a bank debt of more than half a billion dollars, Eurostar Diamond Traders of Antwerp is close to bankruptcy, the Belgian daily De Tijd reported. ABN AMRO, Standard Chartered, as well as former accountants and former managers are among the creditors. The case is to come before Antwerp's Business Court in the second week of March 2019, after earlier this month the Court of Appeal dismi...Read More
Mining industry employees and jobseekers are prioritizing a work-life balance when they look for a new role or when they start feeling dissatisfied in the position they are in.This is according to a survey of almost 800 people conducted by Perth-based Mining People International in January 2019.The recruitment agency reported that when asked "What takes priority when you're searching for your next...Read More
Zimbabwean media reported that Anjin Investments, the diamond company partly owned by the Chinese, is expected to return to the mines in the Marange diamond fields of eastern Zimbabwe.Reportedly, local villagers and human-rights activists are not impressed. Before Anjin was expelled from the Marange diamond fields some three years ago by past President Robert Mugabe, the company was accused of of...Read More
Global Atomic's 'transformational discovery' changes everythingSPONSOREDglobal atomic corp"Tshisekedi would be a relatively positive figure for mining investment"SPONSOREDverisk maplecroftAlkane maps own path to world-class critical metals producerSPONSOREDalkane resourcesWestern Atlas drill-ready in NunavutSPONSOREDwestern atlas resourcesIt said "impressive surface alteratio...Read More
Rwanda's government aims to put its 49 percent stake in the country's biggest cement maker, Cimerwa, up for sale this month, the prime minister said on Saturday.The company, which is 51 percent owned by South Africa's PPC Ltd, has an installed annual production capacity of 600,000 tonnes."We have asked our partners if they are interested and the timeline is one month," Edouard Ngirente told a meet...Read More
"Newcrest to acquire 70% of Red Chris gold/copper mine in British Columbia's golden triangle for US$806.5m $NCM $III.ca https://t.co/e4yTUAHxvZ"Read full newsRead More
In the hospital and at home, illness data can be lucrative.Read full newsRead More
Drug trafficking, battles between state forces and armed groups, extortion and illegal gold mining have transformed southern Venezuela into a region where citizens live in a parallel state ruled by organized crime. Read full newsRead More
indonesia gold mine collapse search endsRead full newsRead More
"Bluestone Resources is an advanced gold project thats looking to become the next gold producer Read their feasibility now: https://t.co/vwveNe0ftJ#bluestoneresources $BSR #gold #mine #momentumstocks #bsr #cerroblanco #exploration #goldcorp #mining"Read full newsRead More
"Newcrest to acquire 70% of Red Chris gold/copper mine in British Columbia's golden triangle for US$806.5m $NCM $III.ca https://t.co/e4yTUAHxvZ"Read full newsRead More
"Resource Big News Roundup: Dunnedin Acquires Mohave Cu-Mo-Ag Project in Arizona; Plateau Energy Metals Increases Total Lithium Resources by 90%; SIRIOS intersects 315 g/t Au over 1.1 m at Cheechoo https://t.co/9MZWYeUWwC #DunnedinVentures #PlateauEnergyMetals #SiriosResources"Read full newsRead More