RAPAPORT... Lightbox, De Beers' lab-grown brand, has started disclosing the treatments it uses to create its synthetic diamonds - but still believes such declarations are optional.The new policy applies mainly to its Finest collection of D- to F-color, VVS-clarity stones, a premium offering the company launched in August. Lightbox grows the goods using chemical vapor deposition (CVD), and imp...Read More

Chilean copper production decreased by 6.75% in September, compared to the same month in 2020, with all major mines in the country reporting lower figures, copper commission Cochilco said on Wednesday November 3.In September, some Chilean producers like Codelco faced workers' strikes, while a few also had drought issues and reported lower content in mined ore. These caused lower output during the...Read More

RAPAPORT... The industry's focus is changing - or, at least, it should be, asserts Esther Oberbeck, senior vice president of strategy, analytics and insights at De Beers.Oberbeck joined the Rapaport Diamond Podcast to discuss some of the key findings from the De Beers Diamond Insight Report, which the company published last week. The report's central theme is sustainability, and it brought so...Read More

(IDEX Online) - Gabriel & Co has been named best-performing brand in a survey of over 350 independent US jewelers, for the fourth consecutive year.The New York-based jeweler was founded in 1989 by brothers Jack and Dominick Gabriel, after they were apprenticed to their father Elias, a master jeweler.Stuller and Allison-Kaufman took second and third places, as they did in 2020.The survey was pa...Read More

A summary of London Metal Exchange warrant premiums from across the globe for the week to Wednesday November 3.Please click...Read More

Month-on-month prices dipped slightly by 0.2 per cent in October, as they did in September, which would appear to indicate the start of a downwards trend. Prior to that, prices had been rising since March. They peaked with a 2.2 per cent increase in June, but slowed during July and August. IDEX Online subscribers please click here to read the full report. Read More

(IDEX Online) - De Beers has launched a new campaign to promote diamonds, expanding "I do" beyond its traditional wedding context to include any kind of personal pledge.It has also resurrected the iconic "A Diamond Is Forever" tagline for the first time since the 1990s and emphasized the importance of sustainability. "Today we see a new generation of consumers who wish to communicate a wider...Read More

Duncan Wanbladwill take over as Anglo American's chief executive officer when current incumbent Mark Cutifani retires and steps down at the company's annual general meeting on April 19, 2022.Wanblad will also become an executive director of the board at the diversified mining giant. Cutifani, who has been CEO for nine years, will be involved in a transition period, which is expected...Read More

A summary of Peru-based metals producer Volcan's production figures and financial results for the third quarter of 2021, as stated in its earnings report published on Tuesday November 2.In brief Volcan's zinc and lead output growth in the quarter was spearheaded by higher mined and treated ore at the Yauli mine, in the Peruvian central Jun?-n region, although this was partially offset by a decreas...Read More

COP26, the United Nations climate conference taking place in Glasgow, Scotland, October 31-November 12, has provided a platform for leading aluminium producer Rusal to discuss the growth and importance of low-carbon aluminium in the global efforts toward decarbonization.The company announced on Wednesday November 3 it will be taking part at the conference in multiple panel discussions organized by...Read More

The nature of those discussions weren't disclosed though it would be fair to assume that at least some reference will be made to some of PDI's granted tenure being "within the Outer Buffer Zone of theRead More

Nickel premiums remained steady in the United States, China and Europe in the week to November 3, although tight supplies and growing production disruptions are keeping prices high in the US. US nickel premiums hold at historic highsChinese premiums also stable with increased full plate imports into ChinaPremiums unchanged in Europe, with market focusing on contracts for 2022US premiums still at h...Read More

The prevailing backwardation of London Metal Exchange tin prices continued to encourage lower offer prices in Europe and the United States, with premiums falling stateside on November 2, while premiums in Taiwan were steady despite the ongoing destocking of LME inventories. In-warehouse premiums in Rotterdam and Baltimore drop slightly amid more supply and lower offersLME stocks at 645 tonnes...Read More

The growth in Brazil's apparent steel consumption is poised to lose some steam by the end of 2021 amid a slower pace of import activity, although real demand shows very few signs of weakening, market participants have told Fastmarkets.The country is close to setting new record-high import volumes this year due to a surge in interest for foreign material and increased needs for third-party semi-fin...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 miningBy the time he steps down in April 2022, Cutifani will be nearly 64 years of age and have spent nine years as CE...Read More

A summary of the financial results for German steel and metal products distributor Kl??ckner & Co SE for the July-September quarter of 2021.Summary In the third quarter of 2021, Kl??ckner beat its own record, set in the second quarter, when it achieved the highest quarterly operating income since its initial public offering in 2006. The strong performance was driven by high steel prices amid an...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 its 2MW pilot truck was being assembled in South Africa, describing it as "a world first" - a z...Read More

The mood in the European hot-rolled coil market was upbeat on Wednesday November 3 despite limited trading activity, sources told Fastmarkets.Bullish sentiment was supported by a recovery in domestic demand caused by restocking activity. Further support came from news of an agreement between the United States and the EU to replace Section 232 tariffs on steel and aluminium, imposed on the bloc's 2...Read More

Export prices for steel billet and slab from Iran have decreased in the latest deals during the week ended Wednesday November 3.The country's semi-finished steel product export market was slow last week because of decreasing prices in China.Some 40,000 tonnes of slab was sold to Southeast Asian buyers...Read More

Asiamet has signed a heads of agreement to sell a 51% stake in BKM to locally-listed contract miner PT Delta Dunia Makmur (DOID) in exchange for US$50 million in funding, to be delivered in four tranches.Total capex is estimated at US$232 million, of which US$32 million is contingency."The Asiamet board endorses and fully supports the proposed transaction which establishes a clear path for the fin...Read More