Seaborne premium coking coal prices inched downward on Tuesday October 26 with no trading in the market. Meanwhile, Chinese mills were still to accept the domestic coke price increase proposed on Monday.Fastmarkets indicesPremium hard coking coal, cfr Jingtang: $614.37 per tonne, down by $0.77 per tonneHard coking coal, cfr Jingtang: $568.59 per tonne, unchangedPremium hard coking coal, fob DBCT:...Read More

Seaborne iron ore prices rose on Tuesday October 26 amid some short-term positivity in demand for iron ore, sources told Fastmarkets.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $122.30 per tonne, up $3.22 per tonne62% Fe low-alumina fines, cfr Qingdao: $124.11 per tonne, up $3.63 per tonne58% Fe fines high-grade premium, cfr Qingdao: $94.41 per tonne, up $3.44 per tonne65% Fe Brazil-ori...Read More

PolarX finds extra copper potential in AlaskaSPONSOREDpolarxAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningExploration is a risky businessSPONSOREDmarimaca copperThe feasibility covers the first 10 years of mine life and details annual production of 10,463 tonnes per year copper and 21,390tpy...Read More

PolarX finds extra copper potential in AlaskaSPONSOREDpolarxAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningExploration is a risky businessSPONSOREDmarimaca copperThe company reported the results from seven holes for 2,843m from a 45,000m drilling programme with highlights including the best i...Read 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.With the supply of copper slowly recovering, there has been a steady shift in focus towards development and project growth.This is likely to be a slow process, with access to capital being a major stumbling block. Company balance shee...Read More

PolarX finds extra copper potential in AlaskaSPONSOREDpolarxAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningExploration is a risky businessSPONSOREDmarimaca copperThe deal continues Sibanye's pivot into energy transition metals having made investments earlier this year in lithium and nickel as...Read More

Kiaka is pitched as a long life, low strip ratio, open cut amenable to gravity recovery and cyanide leaching, at anticipated processing rates of 6-8 million tonnes per annum.Read 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.Read 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.The coronavirus pandemic has had a massive impact on every part of the global economic system. In response, unprecedented stimulus measures have boosted many countries’ debt-to-GDP ratios to levels not seen since WWII. But even...Read More

PolarX finds extra copper potential in AlaskaSPONSOREDpolarxAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningExploration is a risky businessSPONSOREDmarimaca copperSylvania, which processes PGMs from chrome tailings at its dump operations in South Africa, reported a 3% quarter-on-quarter drop i...Read More

Base metals prices on the London Metal Exchange were down across the board at the 5pm close of trading on Tuesday October 26.The three-month aluminium price lost more ground, closing 1.6% lower, at $2,829 per tonne.Aluminium was the most-traded metal on LMESelect throughout the day, with 23,151 lots traded by 5:30pm, compared with just 9,243 lots of copper."In line with our expectations, discussed...Read More

RAPAPORT... India's diamond industry has urged Alrosa to provide opportunities for smaller manufacturers to buy its rough, arguing that the miner's current supply system favors larger customers.Officials from the country's Gem & Jewellery Export Promotion Council (GJEPC) met with Alrosa executives last week to push the matter, the trade group said Monday.Alrosa sells most of its rough thr...Read More

RAPAPORT... Petra Diamonds' revenue jumped in the first fiscal quarter as the miner sold several high-value stones, with the category contributing nearly half of total sales.Revenue surged 48% to $114.9 million for the three months ending September 30, the company reported Tuesday. Petra offered three exceptional diamonds during the period, including a 39.34-carat blue, which sold for $40.2 millio...Read More

Glencore's Portovesme zinc and lead producing site in Italy is considering government-backed social protection programs among many recourses to deal with the high price of electricity, Fastmarkets has heard. As of mid-October, the company has been "monitoring the situation across its European zinc smelters, and adjusting production to reduce exposure to peak price periods during the day, whil...Read More

PolarX finds extra copper potential in AlaskaSPONSOREDpolarxAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningExploration is a risky businessSPONSOREDmarimaca copperBHP's decision to create and then demerge South32 in 2015 was certainly a good way for it to reach its own GHG targets.Read More

RAPAPORT... US consumers will spend more this holiday season as they return to travel and other experiences amid a reopening of the economy, according to a survey by Deloitte.Americans will shell out an average of $1,463 for festive purchases, compared to $1,387 in 2020, the consulting firm noted last week. Consumers with an annual income of $100,000 or more are expected to drive the increase, wit...Read More

RAPAPORT... Sustainability is now a leading consideration for diamond shoppers, with many prepared to pay a premium for proof of socially responsible origins, according to De Beers' annual Diamond Insight Report.Some 56% of consumers are willing to spend 10% to 20% more on natural-diamond brands that can demonstrate they operate in a socially and environmentally responsible way, the miner sai...Read More

Decarbonization is too big a challenge for one single industry to tackle alone and will inevitably lead to collaborative efforts with other sectors, the deputy secretary general of the International Aluminium Institute has said.Speaking during a briefing on Tuesday October 26, Pernelle Nunez said that the aluminium industry - which is responsible for 2% of global carbon emissions due mostly to the...Read More

(IDEX Online) - Over $50m of rough diamonds will be offered for sale at a debut event by the newly-established Gem Auctions DMCC in Dubai.The company was founded by veteran Alan Davies (pictured), CEO diamonds, energy and minerals at Rio Tinto until 2016 and now head of the Zambian mining company Moxico Resources.The sale of more than 100,000 carats - run-of-mine production and parcels - takes pla...Read More

(IDEX Online) - Amazon leapfrogged Costco and Tiffany last year to become the third biggest watch and jewelry retailer in the US.Its 2020 sales leapt by almost 40 per cent, from $1.62bn to 2.24bn as the pandemic forced more and more customer online.Signet, with almost 2,500 outlets, remained the biggest seller by far, according to National Jeweler magazine's The $100m Supersellers league tabl...Read More