Cordero now hosts a sulphide measured and indicated resource of 541 million tonnes grading 20 grams per tonne silver, 0.06g/t gold, 0.29% lead and 0.Read More

The company has reported a new discovery at its Van target, with the first two drill holes returning higher grades than at its nearby Baptise deposit.Read More

Noront this week recommended a 70c per share bid from Andrew Forrest's Wyloo Metals, but BHP had five business days to match the offer. The board of Noront is backing the higher BHP offer.Read More

Look beyond market approach to project valuations: van ZylLeadership3 things that help keep capital projects on trackSPONSOREDproudfootAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningIt closed at $10,487.50/t, returning towards the price for three-month copper, which was down 0.46% to $10,149....Read More

RAPAPORT... Kering's jewelry brands performed well in the third quarter amid the debut of new lines and strong demand in Asia."All jewelry houses delivered outstanding performances," the French luxury conglomerate said Tuesday. "Boucheron's new collections were very well received, resulting in exceptional growth, particularly in China and South Korea."Sales at the company's Pomellato brand remaine...Read More

RAPAPORT... Christie's will offer a 74-carat diamond necklace that could fetch up to $7 million at its upcoming Hong Kong auction.The piece contains a 73.68-carat, F-color, internally flawless center stone, called the Snowdrop Diamond, and 78 additional diamonds weighing a total of 130.92 carats. It will headline the auction house's November 28 Magnificent Jewels sale, together with a heart-shaped...Read More

RAPAPORT... De Beers continued to see strong demand at its latest sales cycle as manufacturers bought rough diamonds ahead of the holidays and the seasonal shutdown in India.Proceeds from the miner's eighth sale of the year - including the September sight - rose 5% year on year to $490 million, up from $467 million in the equivalent period of 2020, the company reported Wednesday. Sales were,...Read More

(IDEX Online) - De Beers today reported a fourth consecutive month of strong rough sales with proceeds from Sight 8 at $490m (provisional).Demand was driven, in part, by factories stocking up in India ahead of the Diwali two-week shutdown in early November.Sales for Sights 5, 6, 7 and 8 (June to October) have averaged sales of just under $500m, after a dip in May (Sight 4) to $385m.Sales for Sight...Read More

Consolidated production in the September quarter amounted to 295,723oz, up 19% year-on-year as volumes from Fekola in Mali and Otjikoto in Namibia hit record levels.Read More

Lead's three-month price set a new year-to-date peak of $2,427 per tonne on the afternoon of Wednesday October 20, together with nickel, which rose by almost 6% to more than $21,000 per tonne, with sentiment on the London Metal Exchange still bullish.Lead's three-month price closed at $2,417 per tonne on Wednesday, a 1.7% increase from its Tuesday closing price of $2,376 per tonne. "We envisage a...Read More

(IDEX Online) - The De Beers subsidiary Lightbox has started selling its lab grown diamonds loose, to meet the demand for custom-made pieces.Until now they have been available only in ready-made pieces of fashion jewelry.Lightbox CEO Steve Coe said: "Lightbox Loose will open up a world of possibilities for a broad range of consumers to experiment with customization, personalization and creative de...Read More

(IDEX Online) - HRD Antwerp has terminated its collaboration with a diamond grading lab in Turkey, in what it describes as "the end of unhappy marriage".The lab, branded as HRD Istanbul, was set up as a joint venture six years ago. Ellen Joncheere, CEO of HRD Antwerp, (pictured) said the deal with a private management company had now ended."For many years it was like a difficult marriage," sh...Read More

An overview of the consumer electronics markets and their latest price moves.Janie Davies in...Read More

A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday October 20.Please click...Read More

The 300-series stainless steel scrap prices in the United States continued to rise this week on the heels of the London Metal Exchange cash nickel price climbing well over the $9-per-lb mark.The big question, according to many processors and dealers, is: "Just where is this market really going?"While volatility in the nickel contract has been the main driver of recent scrap price moves, scarcity o...Read More

Australia-based global miner BHP has raised its offer in a bidding war to acquire prospective Canadian nickel producer Noront Resources.The Toronto-based junior miner recommended to its shareholders in July that they accept BHP's offer, worth at that time C$325 million ($263 million), instead of a competing offer from another Australian miner, Wyloo Metals.Wyloo counteroffered, and BHP raised its...Read More

Nickel premiums were stable globally on Tuesday October 19, supported by tight inventories.Strong fundamentals continue to keep US premiums firm.Supply remains supportive of Asia premiums, but there is low liquidity with the arbitrage window closed.Europe premium is flat with liquidity still low post-LME Week.US premiums braced against headwinds, tailwindsNickel premiums were unchanged in the Unit...Read More

A summary of Chilean copper producer Antofagasta's results for the third quarter of 2021, taken from its quarterly production report published on Wednesday October 20.In brief?EUR?Antofagasta's overall copper production in the third quarter of 2021 was 181,100 tonnes, up by 1.5% from the previous quarter on higher production at Centinela, which offset lower throughput at Los Pelambres, the company...Read More

3 things that help keep capital projects on trackSPONSOREDproudfootAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningConcession and pre-construction accelerates world class Potash MineSPONSOREDhighfield resourcesToth will join Newmont effective July 1, 2022, as executive vice president strategic...Read More

Trafigura has been drawing down stocks of copper from London Metal Exchange warehouses to deliver to customers, mainly in Asia and Europe, amid extremely tight market conditions, the company said.A spokeswoman for the physical commodities merchant said it had fully communicated this to the LME ahead of canceling warrants."Trafigura's role is to ensure security of supply of commodities for its cust...Read More