Neodymium chunks in an ampoule. (Image by W. Oelen, Wikimedia Commons). In a recent report, analyst Roskill forecasted that the market share of neodymium-iron-boron or NdFeB-based rare earths will grow to 38% of total demand by 20?EUROE29.The rise is explained by the fact that NdFeB magnets have become the key technology in new-energy and energy-saving applications such as electric vehicles, wind...Read More
Cerro Lindo operation. (Image courtesy of Nexa Resources). Brazil's Nexa Resources (TSX, NYSE: NEXA) and the Chav?-n y Valle de Topar?? farming communities in Peru's western department of Ica, reached a deal related to the benefits people are expecting to receive for allowing the Cerro Lindo operation near their respective towns.Following a long negotiation process that required the intervention...Read More
Yellow caution tape. (Image in the Public Domain taken from Pxfuel). A report by Fitch Ratings states that miners should resist the temptation to increase cash returned to shareholders as gold prices rise and suggests exhibiting more caution than in past bull cycles.According to Fitch, companies whose goals are to stand strong in the coming years and to maintain financial and operating flexibilit...Read More
The 18-?EUR
Here are five Fastmarkets MB that you might have missed on Friday January 10 that are worth another look.ArcelorMittal has increased its offer price for hot-rolled coil in Europe with immediate effect, sources told Fastmarkets on January 10.The waiting time for aluminium at Istim's warehouse in Port Klang, Malaysia rose to more than a month at the end of December 2019 compared with 11 days at the...Read More
The gold price - which rose above US$1,600 an ounce on the spot market last week, its highest point in more than six years - was a little lower at the time of writing, about $1,559/oz. The S&P 500 eased off yet another record on Friday, while in Australia the S&P/ASX200 closed at a record high to end the week.Markets could be set for a mid-week boost with the US and China reportedly due to...Read More
Newmont Corporation (NYSE: NEM, TSX: NGT) is the world's leading gold company and a producer of copper, silver, zinc and lead. The Company's unmatched portfolio of world-class assets, prospects and talent is anchored in favorable mining jurisdictions in North America, South America, Australia and Africa. Newmont Goldcorp is the only gold producer listed in the S&P 500 Index and is widely recognize...Read More
By: Ira EpsteinGold monthly shows gold still up $37. Gold monthly shows upside breakout, Bollinger upper band around $1,600 and rising on the monthly charts, bullish. Weekly chart gold at highest close in years. Gold has broken out of this drifting pattern:Read More
The Long NowNot Worth the RiskUnproductive and Non-LinearThe Great ResetNew York and the Most Optimistic Man in the RoomIf living dangerously is your goal, just keep adding reasonable, manageable, prudent risks. Eventually they'll add up to serious danger.Hyman Minsky showed how stability leads to instability. Humans have a way of reinterpreting stable periods that seemingly redefines words like...Read More
By: Ira EpsteinGold monthly shows gold still up $37. Gold monthly shows upside breakout, Bollinger upper band around $1,600 and rising on the monthly charts, bullish. Weekly chart gold at highest close in years. Gold has broken out of this drifting pattern:Read More
Here are five Fastmarkets MB that you might have missed on Friday January 10 that are worth another look.ArcelorMittal has increased its offer price for hot-rolled coil in Europe with immediate effect, sources told Fastmarkets on January 10.The waiting time for aluminium at Istim's warehouse in Port Klang, Malaysia rose to more than a month at the end of December 2019 compared with 11 days at the...Read More
By: Ira EpsteinGold monthly shows gold still up $37. Gold monthly shows upside breakout, Bollinger upper band around $1,600 and rising on the monthly charts, bullish. Weekly chart gold at highest close in years. Gold has broken out of this drifting pattern:Read More
The Long NowNot Worth the RiskUnproductive and Non-LinearThe Great ResetNew York and the Most Optimistic Man in the RoomIf living dangerously is your goal, just keep adding reasonable, manageable, prudent risks. Eventually they'll add up to serious danger.Hyman Minsky showed how stability leads to instability. Humans have a way of reinterpreting stable periods that seemingly redefines words like...Read More
Here are five Fastmarkets MB that you might have missed on Friday January 10 that are worth another look.ArcelorMittal has increased its offer price for hot-rolled coil in Europe with immediate effect, sources told Fastmarkets on January 10.The waiting time for aluminium at Istim's warehouse in Port Klang, Malaysia rose to more than a month at the end of December 2019 compared with 11 days at the...Read More
RAPAPORT... The companies behind WD Lab Grown Diamonds have filed three lawsuits against competitors, accusing them of infringing patents for diamond synthesis and treatment. The Carnegie Institution of Washington, a science organization, and M7D Corporation, which trades as WD Lab Grown Diamonds, took action Thursday again six companies that produce or sell diamonds made using chemical vapor depo...Read More
RAPAPORT... De Beers has launched an immersive concept store for its Forevermark jewelry brand in China. The boutique, the first of its kind for the brand, is located in jewelry department store Caibai in Beijing, De Beers said last week. The 100-square-meter space contains interactive features, including a discovery wall, which features stories on the origin of diamonds and their positive im...Read More
RAPAPORT... Jewelers of America (JA) honored retailers, designers and journalists at Friday's GEM Awards in New York.Ed Bridge, who ran the family-owned Ben Bridge Jeweler until his retirement in November 2018, picked up the Lifetime Achievement accolade in recognition of his contribution to the industry during his time at the company. Bridge, who became CEO in 1990, ran the company with his...Read More
RAPAPORT... Manufacturing Jewelers & Suppliers of America (MJSA) has named Alan Bell, former president of Rio Grande, as the recipient of its Lifetime Achievement Award.Bell began working for Rio Grande, the jewelry-supply store his father founded, in 1971 at the age of 20, becoming the company's seventh employee. He led the business's transition from a storefront to a mail-order catalog...Read More
(IDEX Online) - Ed Bridge, chairman emeritus of Ben Bridge Jeweler, Inc, received the 2020 GEM Award for Lifetime Achievement at the 18th annual Gem Awards, which took place on Friday at Cipriani 42nd Street. Bridge received the award in honor of his dedication to Ben Bridge and the jewelry industry throughout his career. He was president of the company/co-CEO from 1990-2017 and chairman/CEO...Read More
(IDEX Online) - Forevermark, the diamond brand from De Beers Group, recently launched an "immersive, interactive and informative" retail experience in the Caibai jewelry department store in Beijing, China.Forevermark said the 100-square-meter boutique breaks away from the traditional across-the-counter service and instead showcases several digital experiences. These include a discovery wall, which...Read More