"On March 12, 2020, as the pandemic spread through the US, the S&P 500 plunged 9.5% in its steepest one-day fall since 1987."On Friday, it closed up 0.1% to a new record closing high of 3,943.34.Later this week, markets will be watching out for the results of the US Federal Reserve's Federal Open Market Committee meeting."My own view is they leave their rates projections unchanged, which shoul...Read More
Here are five Fastmarkets stories you might have missed on Friday March 12 that are worth another look.Vale has started commissioning wet processing operations at its Timbopeba site, which is part of its Mariana iron ore complex in Brazil's southeastern Minas Gerais state, which will increase the mine's iron ore production capacity...Read More
Here are five Fastmarkets stories you might have missed on Friday March 12 that are worth another look.Vale has started commissioning wet processing operations at its Timbopeba site, which is part of its Mariana iron ore complex in Brazil's southeastern Minas Gerais state, which will increase the mine's iron ore production capacity...Read More
Here are five Fastmarkets stories you might have missed on Friday March 12 that are worth another look.Vale has started commissioning wet processing operations at its Timbopeba site, which is part of its Mariana iron ore complex in Brazil's southeastern Minas Gerais state, which will increase the mine's iron ore production capacity...Read More
Here are five Fastmarkets stories you might have missed on Friday March 12 that are worth another look.Vale has started commissioning wet processing operations at its Timbopeba site, which is part of its Mariana iron ore complex in Brazil's southeastern Minas Gerais state, which will increase the mine's iron ore production capacity...Read More
Here are five Fastmarkets stories you might have missed on Friday March 12 that are worth another look.Vale has started commissioning wet processing operations at its Timbopeba site, which is part of its Mariana iron ore complex in Brazil's southeastern Minas Gerais state, which will increase the mine's iron ore production capacity...Read More
RAPAPORT... Members of the jewelry industry are confident that US sanctions on Burmese gems will have a positive impact by punishing leaders of the Asian country's military coup without damaging the trade.The Myanmar army seized control of the country on February 1. On February 11, US President Joe Biden's administration banned US companies from transacting with three entities that, it claime...Read More
RAPAPORT... Diamond Standard has launched an initial $25 million offering of new diamond coins, which can be traded on the market as a regulated commodity, similarly to gold.The company will purchase 50,000 natural, round brilliant diamonds through the Diamond Standard Exchange, which will be set into 5,000 tokens and issued at a price of $5,000 apiece. The IGI and the Gemological Institute of Ame...Read More
RAPAPORT... The World Jewellery Confederation (CIBJO) has launched a new website to inform the jewelry trade and consumers of the proper terminology for describing lab-grown and natural diamonds.The website - called "What Is a Diamond?" - refers to diamonds as "a mineral consisting essentially of carbon that crystallizes in the isometric (cubic) crystal system," CIBJO said last week. Natural also...Read More
(IDEX Online) - Signet Jewelers has handed over $4m to a children's cancer hospital, much of it raised from customer and employee donations.The company, which has almost 2,900 retail outlets worldwide, has raised $81m in the last 22 years for the St. Jude Children's Research Hospital, in Memphis, Tennessee, USA."Our partners, their employees and customers continue to have big hearts for...Read More
(IDEX Online) - The billionaire lifestyle of fugitive diamantaire Nirav Modi is revealed in an explosive new book.He's one of 12 Indian nationals who have sought a safe haven in London, and whose stories are told in Escaped: True Stories of Indian Fugitives in London, a Penguin paperback/Kindle by Danish Khan and Ruhi Khan.Last month a judge in Britain approved the extradition of Modi, 49, to...Read More
(IDEX Online) - Liam Neeson is tasked with rescuing diamond workers trapped after a mine collapses in the reaches of northern Canada.The 68-year-old Irish actor stars in a new, action thriller The Ice Road, which Netflix will screen in the US after paying a record $18m for the rights.The streaming giant won the US rights to the movie in what was described as a "record domestic only-deal".Leeson pl...Read More
February 18, 2021- New Gold Inc. ("New Gold" or the "Company") (TSX and NYSE American: NGD) provides its annual operational outlook for the New AftonRead full newsRead More
March 11, 2021 (ACCESSWIRE via COMTEX) --VANCOUVER, BC / ACCESSWIRE / March 11, 2021 / Gambier Gold Corp. (TSX-V:GGAU) (theRead full newsRead More
The updated resource estimate will form the basis of the upcoming bankable feasibility study due out in Q2 2021.Read full newsRead More
Lundin Mining (TSX:LUN) is a diversified Canadian base metals mining company with operations in Brazil, Chile, Portugal, Sweden, and the United States, primarily producing copper, zinc, gold, and nickel. Lundin Mining’s current principal products and sources of sales are copper, zinc, and nickel concentrates from several mines such as Candelaria, Chapada, Eagle, Neves-Corvo, and Zinkgruvan....Read More
Here are five Fastmarkets stories you might have missed on Monday March 15 that are worth another look.Brazilian slab and hot-rolled coil producer ArcelorMittal Tubar??o expects to resume operations at its hot-strip mill this week, after the equipment was put under maintenance on Monday March 8.The Aluminium Stewardship...Read More
Aluminium futures closed at a price of $2,218 per tonne on the London Metal Exchange on Monday March 15, showing almost double the volumes traded in copper, and with improved demand and tight availability of the light metal edging its price upward.The price of aluminium reached $2,235 per tonne during Monday, just $8 per tonne below its 2021 year-to-date high set on February 25, and finished at 5p...Read More
Jack ChanPosted Mar 15, 2021Gold sector as represented by $HUI is on a long-term BUY signal.Long-term signals can last for months and are more suitable for investors.Short-term is on BUY signal.Short-term signals can last for days and weeks and are more suitable for traders. Speculation is now at the lowest level in years.Data is supportive for overall higher silver prices.Our ratio is on new BUY...Read More
Glencore has undergone a major restructuring of its leadership teams, with a number of senior departures and new roles for existing department heads.Kenny Ives, Tor Peterson and Nico Paraskevas will leave the company in the coming months, stepping down from their roles as head of nickel, head of coal and head of copper marketing respectively. The trio will stay on for a few months...Read More