Seaborne coking coal prices were relatively stable on Tuesday November 2, with no trades heard in the market, although Chinese domestic coke prices in certain provinces started to fall due to rising inventories and reduced costs.Fastmarkets indicesPremium hard coking coal, cfr Jingtang: $600.25 per tonne, unchangedHard coking coal, cfr Jingtang: $525.23 per tonne, unchangedPremium hard coking coal...Read More

Bearish macroeconomic indicators pushed prices to trade lower on the London Metal Exchange on Tuesday November 2.Chinese manufacturing purchasing managers' indices (PMI) in recent days have indicated slower growth month on month, which has helped to drive bearish sentiment in the metals market. "It does look as though some major parts of China's economy are struggling," Fastmarkets' head of...Read More

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipPolarX finds extra copper potential in AlaskaSPONSOREDpolarxNew life for one of New Zealand's oldest gold minesSPONSOREDoceanagoldInfill drilling at the Odyssey underground project at Canadian Malartic in Quebec, Canada continues to return wide, high-grade intersections in...Read More

New life for one of New Zealand's oldest gold minesSPONSOREDoceanagoldPolarX finds extra copper potential in AlaskaSPONSOREDpolarxAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningHighlights of the last tranche of results included 4.6m grading 71.3 grams per tonne gold including 1.5m grading...Read More

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipPolarX finds extra copper potential in AlaskaSPONSOREDpolarxNew life for one of New Zealand's oldest gold minesSPONSOREDoceanagoldThe company yesterday announced an updated indicated resource of 13.9 million tonnes at 1.4g/t gold for 623,700 ounces, a 124.4% increase on the...Read More

As per Ramelius' original bid, Apollo shareholders are being offered 34c cash, but instead of the 0.1375 of a Ramelius share they were previously to have got, they will now get 0.1778.Read More

Despite objections from Westgold Resources, the scheme of arrangement was approved by the Supreme Court of Western Australia yesterday.Read More

PolarX finds extra copper potential in AlaskaSPONSOREDpolarxNew life for one of New Zealand's oldest gold minesSPONSOREDoceanagoldAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningThe company said it needed more financing before year-end to maintain operations at its Sugar Zone mine in Ontar...Read More

Replacing Section 232 tariffs on European aluminium products with tariff-rate quotas will result in even more trade distortions and create additional market instability for companies in both Europe and the United States, the head of industry association European Aluminium has said.The United States and the European Union (EU) reached an agreement over the weekend to replace the 10% tariff on...Read More

Rebar and billet prices decreased slightly in the United Arab Emirates because some mills discounted their prices, sources told Fastmarkets on Tuesday November 2.Demand for rebar has improved week on week because prices have now been announced, sources added.Domestic rebarLocal rebar mills announced new prices on October 24.Emirates Steel has been offering rebar at 2,490 dirhams ($678) per tonne e...Read More

Laboratory tests conducted by the University of British Columbia and funded by FPX and the Government of Canada, demonstrated that the injection of carbon dioxide as simulated flue gas (10% CO2) canRead More

New life for one of New Zealand's oldest gold minesSPONSOREDoceanagoldPolarX finds extra copper potential in AlaskaSPONSOREDpolarxAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAmerican Pacific building US copper positionSPONSOREDamerican pacific miningA consortium comprising Rio Tinto, Alcoa and Apple were caught napping recently when Russia's Rusal, the world's...Read More

Maree Robertson, chief financial officer at Rio Tinto's energy and minerals branch, will become senior vice president and chief financial officer at the international mining company Freeport-McMoRan, the company said on Tuesday November 2.The appointment will become effective on March 1, 2022.Robertson will assume responsibility for Freeport's accounting, finance and tax functions, including finan...Read More

RAPAPORT... Sales of jewelry and other hard-luxury items continued to rebound in September amid higher employment and increased funds from a government-backed stimulus program.Revenue from jewelry, watches, clocks and other valuable gifts climbed 16% to HKD to 3.18 billion ($408.5 million) during the month, the municipality's Census and Statistics Department reported Tuesday. Sales across all reta...Read More

RAPAPORT... Burgundy Diamond Mines will establish a luxury boutique for polished fancy-color diamonds in Paris, in which it will sell its own stock as well as stones from third-party producers.The Australian miner, which has acquired the rights to the Ellendale mine, has purchased the Argyle Stella, one of the "hero" stones offered in Rio Tinto's final pink-diamond tender. The square radiant, 1.79...Read More

RAPAPORT... De Beers has launched a marketing campaign focusing on diverse types of commitment, calling it a "new chapter" in the company's history.The program centers on the phrase "I do," which De Beers has redefined for the contemporary world. The campaign expands the words' meaning to stand for all sorts of personal pledges related to the self, others, and nature, the miner said Monday."F...Read More

RAPAPORT PRESS RELEASE, November 2, 2021, Las Vegas... The diamond trade was busy in October as suppliers filled orders for the holiday season. The US market is fueling optimism, while there is caution about China's prospects. Polished demand is outpacing supply, but inventory levels are rising and buyers are pushing for higher discounts. The RapNet Diamond Index (RAPI?,,?) for 1-carat diamonds sl...Read More

Operations at Antamina, Peru's biggest copper mine, have been suspended since last weekend because of a roadblock manned by community protestors, according to a company statement.The statement by Compania Minera Antamina, published on Sunday October 31, stressed its commitment to public safety and clear communication. It said that it feared the possibility of "intolerable criminal offenses" and "c...Read More

A summary of North America-based aluminium products manufacturer Arconic's third-quarter 2021 financial results, released on Tuesday November 2.In brief: Global aluminium products manufacturer Arconic reported a 34% increase in total sales during the third quarter of 2021 when compared with the same quarter last year. Sales are up by 5% quarter on quarter. The company primarily attributed the high...Read More

(IDEX Online) - Two pairs of unique jewel-encrusted glasses - one with emerald lenses, the other with diamonds - were withdrawn from sale by Sotheby's New York after both failed to reach their low estimate of $2.1m.They are believed to have belonged to members of the Mughal Empire, which ruled over the Indian subcontinent during the 17th century.There was surprise among experts, who had expec...Read More