Domestic and import prices for steel rebar in the United Arab Emirates changed over the past week, while demand was moderate because buyers wanted to wait for the direction of prices after China returns from the Lunar New Year holiday, market sources said on Tuesday January 28.The Chinese New Year holiday break began on January 25 and will end on February 2 after the Chinese government ordered an...Read More

RAPAPORT...The World Diamond Council (WDC) has hired industry veteran Elodie Daguzan as executive director to succeed Marie-Chantal Kaninda, it said Tuesday.Daguzan most recently spent eight years at Paris-based diamond-trading company Rubel & M?(C)nasch?(C) as head of communications and industry relations, responsible for educating the company's clients about industry supply-chain development...Read More

RAPAPORT... Swiss watch exports rose in December, as retailers stocked up in anticipation of the Chinese New Year.Shipments to all countries grew 6% to CHF 1.73 billion ($1.78 billion) in December, the Federation of the Swiss Watch Industry reported Tuesday. That figure mainly reflects a 49% increase in exports to China, which outweighed a 21% drop in orders from Hong Kong. Supply to the US r...Read More

RAPAPORT... Diamcor Mining's rough-diamond sales were flat year on year in the third fiscal quarter, as a shift to lower-quality goods led to a drop in the average price.The company sold 13,218 carats for $1.4 million during the period ending December 31 at an average price of $107 per carat, it said last week. That compared to the $1.4 million it earned during the same period the previous ye...Read More

RAPAPORT... Petra Diamonds' shares fell 11% in early trading Monday after the miner reported a slide in revenue resulting from weak rough prices.Revenue fell 6% to $193.9 million in the first fiscal half ending December 31, while sales volume was stable at 1.7 million carats, Petra said Monday.Rough prices fell 10% due to the weak market, while a poorer product mix from Petra's Finsch mine in...Read More

A strong rise in Chinese steel production led the way to a 3.4% year-on-year increase in global crude steel output in 2019, according to the World Steel Association (Worldsteel).A total of 1.87 billion tonnes of crude steel were produced last year, compared with 1.81 billion tonnes a year earlier, Worldsteel said.Steel production in China continued to rocket upward, with steelmakers in the country...Read More

(IDEX Online) - The World Diamond Council (WDC) has announced the appointment of Elodie Daguzan as its new executive director, effective February 1. She takes over from Marie-Chantal Kaninda, who stepped down last year for a new opportunity in the Democratic Republic of Congo. Daguzan has worked in the diamond industry for the past 19 years. For the past eight years she has been head of commu...Read More

The Minerals Council South Africa has established the Associations Leadership Forum to serve the needs of the council’s association members.These members include the Aggregate and Sand Producers Association of Southern Africa, the Clay Brick Association and the South African Diamonds Producers Organisation (Sadpo), which all represent a number of small miners.AdvertisementThe forum is expect...Read More

Christie's is holding an online sale featuring a selection of love-inspired jewelry. The sale, which runs from February 5-13, has over $300 lots. Among the lots are Graff diamond heart earrings ($10,000-15,000); Cartier, diamond "Love" bangle bracelet ($15,000-20,000); JAR aluminum rose petal earrings ($1,500-2,000) and a Verdura "Lace" gold necklace ($5,000-7,000), among other festive h...Read More

London-listed Petra Diamonds expects to report production of 2.07-million carats of diamonds for the six months ended December 31.In a trading update published on Monday, ahead of the release of its interim results on February 17, the miner noted that production for the six months had been about 3% higher than the 2.01-million carats produced in the six months ended December 31, 2018.Advertisement...Read More

(IDEX Online) - Karelian Diamond Resources plc, a mining company operating in Finland, has been granted permission to carry out exploration in Lahtojoki South. The area is close to the Lahtojoki Diamond Deposit where kimberlite boulders - believed to derive from an undiscovered kimberlite - have been discovered. The exploration permit includes the area in which kimberlite boulders were discov...Read More

The Turkish deep-sea scrap import markets have remained quiet since yesterday, with both sellers and buyers holding back from the markets, sources said on Tuesday January 28.The mills in Turkey have booked only two deep-sea cargoes in the past two weeks because of the sluggish rebar and billet markets in the country.Late on January 22, a steel mill in the Iskenderun region booked a UK cargo compri...Read More

Cardinal heading down familiar gold roadSPONSOREDcardinal resourcesSarama right in the middle of big exploration, corporate build-upSPONSOREDsarama resources Exore excels in Cote d'IvoireSPONSOREDexore resourcesCase study: platform financeSPONSOREDminexiaThe companies intend now to flesh out definitive details of a transaction.Madison is currently under an ‘earn-in with option to joint v...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesANLA issued an administrative document indicating AngloGold Ashanti had complied with all the established requirement and provided the environmental authority with all the information and documentsRead More

Trading activity in the seaborne iron ore market was muted on Tuesday January 28 with markets in China closed for a week-long public holiday for the Chinese New Year, which has been extended until Sunday in light of the coronavirus outbreak in the country. Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $93.71 per tonne, unchanged 62% Fe Pilbara Blend fines, cfr Qingdao: $92.75 per tonne, u...Read More

Trading activity in the seaborne coking coal market was muted on Tuesday January 28 due to the absence of Chinese participants.Fastmarkets indicesPremium hard coking coal, fob DBCT: $152.29 per tonne, unchangedPremium hard coking coal, cfr Jingtang: $162.73 per tonne, unchangedHard coking coal, fob DBCT: $127.01 per tonne,...Read More

Demand for seaborne iron ore concentrate weakened ahead of a week-long public holiday in China for the Chinese New Year with mills in the country likely to have built up their inventories well in advance, while that for pellets was stronger due to last-minute restocking.ConcentrateThe weekly Fastmarkets index for iron ore 66% Fe concentrate, cfr Qingdao stood at $111.87 per tonne last Friday Janua...Read More

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Growing fear amid the coronavirus outbreak...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issu...Read More

Aluminium Follow-through selling pressure emerged on Friday January...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of  market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts...Read More