LONDON – Five years ago, the diamond industry’s biggest worry was being forgotten by millennials, who – the theory went – didn’t covet sparkly gems the way their parents had.The concern turned out to be mostly unfounded, but the reality is almost worse. While Americans are buying more diamond jewellery than ever before, most polished diamonds are getting steadily chea...Read More

RAPAPORT... Revenue and profit at Titan Company rose as the retailer sawgrowth across all its businesses in thesecond fiscal quarter. Sales increased 2% to INR 46.93 billion ($657.7 million), including at subsidiaries, inthe three months ending September 30, while profit climbed 4% to INR 3.12billion ($43.7 million), the Indian company said last week. Jewelry sales wereflat at INR 36.5 billio...Read More

The Fastmarkets index for iron ore 65% Fe Brazil-origin fines, cfr Qingdao crossed the $95-per-tonne mark for the first time since October 25 on Thursday November 14.Fastmarkets iron ore indices62% Fe fines, cfr Qingdao: $83.42 per tonne, up $2.39 per tonne.62% Fe Pilbara Blend fines, cfr Qingdao: $83.45 per tonne, up $2.39 per tonne.62% Fe low-alumina fines, cfr Qingdao: $82.92 per tonne, up...Read More

An informal suspension of coal imports at ports in the eastern Chinese province of Jiangsu province and some parts of southern China has raised uncertainties in the seaborne coking coal market, though the country's downstream steel market strengthened on Thursday November 14.Fastmarkets indicesPremium hard coking coal, fob DBCT: $134.53 per tonne, down $0.88 per tonnePremium hard coking coal, cfr...Read More

China's annual scrap consumption could reach 330 million tonnes by 2030 and account for up to half of the country's steel output, according to the China Association of Metal Scrap Utilization (Camu)."China continues to maintain its course of expanding the usage of ferrous scrap in steelmaking, as part of its aim to reduce pollution. Using ferrous scrap can reduce 1.6 tonnes of carbon emissions for...Read More

Nordic Mining prepares for lift-offSPONSOREDnordic miningPolymetal building with good momentumSPONSOREDpolymetal internationalIronRidge derisks through diverse discoveries SPONSOREDironridge resources Investing in African Mining Indaba 2020SPONSOREDindabaThe sub-level caving operation will feature 21 sub-levels and a crushing station 1km below the surface to control noise and air impacts, with cru...Read More

Two-time Vale president Eliezer Batista diesLeadershipLook beyond market approach to project valuations: van ZylLeadershipNordic Mining prepares for lift-offSPONSOREDnordic miningPolymetal building with good momentumSPONSOREDpolymetal internationalRockcliff is aiming to increase confidence in Talbot's inferred resource, which it describes as within trucking distance of the company's leased, plus-1...Read More

Cobalt briquettes produced by the Ambatovy joint venture in Madagascar have been approved by the London Metal Exchange for delivery against its physically-settled cobalt contract. Ambatovy's application was supported by LME category 5 member Gerli Metalli SpA, and approved on Tuesday November 12, the former said today. The LME suspended brand-listing...Read More

Chinese stainless steel prices plunged over the past week, tracking losses experienced by nickel futures on the London Metal Exchange.The three-month nickel contract on the LME ended Wednesday November 13's trading session at $15,515-15,520 per tonne, down $810 per tonne from a week earlier. The contract on Monday fell below $16,000 per tonne for the first time since late August. Since that day, i...Read More

China's rebar prices rose further on Thursday November 14 following the release of statistics showing a surge in construction starts in the first 10 months of the year.DomesticEastern China (Shanghai): 3,830-3,860 yuan ($546-550) per tonne, up 30-50 yuan per tonneNorthern China (Beijing): 3,680-3,690 yuan per tonne, up 20-40 yuan per tonneTrading was robust, especially in eastern China, after the...Read More

China's hot-rolled coil market maintained its upward trajectory on Thursday November 14 amid a drop in inventory levels.DomesticEastern China (Shanghai): 3,580-3,590 yuan ($510-511) per tonne, up 30 yuan per tonneNorthern China (Tangshan): 3,560 yuan per tonne, up 20-30 yuan per tonneNews of declining inventories improved sentiment, which stimulated trading.A domestic steel consultancy reported th...Read More

China exported just 1.9 tonnes of unwrought indium in September compared with 23.6 tonnes in September 2018, according to the latest Chinese customs data. Shipments of the minor metal fell by 91.9% from last year and 69.8% month on month. In August 2018, China exported 6.3 tonnes of unwrought indium. Macroeconomic uncertainty owing to the protracted trade war between the United States...Read More

While the ferro-alloys industry prepares to gather in Budapest for the annual International Ferro-alloys conference on November 17-19, Fastmarkets looks at the key price moves since last year's conference. An overall bearish mood has prevailed in most of the ferro-alloys and related markets for most of the year amid oversupply and weakening demand. Some prices are now trading at multi-year lows in...Read More

U.S. equity index futures were lower this morning. S&P 500 futures were down 5 points in pre-opening trade. Index futures were virtually unchanged following release of economic news at 8:30 AM EST. Consensus for Weekly Initial Jobless Claims was an increase to 215,000 from 211,000 last week. Actual was an increase to 225,000. Consensus for the October Producer Price Index was an increase of 0....Read More

Trade log for cobalt sulfate in China including transactions, bids and offers reported to Fastmarkets.Unless otherwise stated, all prices are in yuan per tonne on an ex-works basis.The cobalt sulfate, Co 20.5% basis, China ex-works, adjustment to the standard-grade cobalt low-end price is on a $ per lb basis.Fastmarkets MB prices Click here for Fastmarkets' price assessment for cobalt sulfate, Co...Read More

Dear Rich Lifer,I have always been a collector of things.When I was younger, I focused on coins ... comic books ... action figures ... baseball cards ... and all the other typical stuff 10-year-old boys like.Since then, I've gotten into guitars, surfboards, vintage skateboards, wine, and even rare sneakers.I've made money on just about every one of those things over the years while having fun alon...Read More

Every year, an estimated 30 million people in the U.S. are victims of fraud. However, only a fraction realize it and report it to the authorities.The Better Business Bureau Scam Tracker shows over 142,000 scams were reported last year in the U.S. - ranging from healthcare and Medicare scams to counterfeit products and online purchases.The victims falling prey to these scams are not just the elderl...Read More

November 14, 2019 - Vancouver, BC - ATAC Resources Ltd. (TSX-V:ATC) (“ATAC”) is pleased to announce the commencement of an updated resource and preliminary economic assessment ("PEA") for its high-grade Tiger Gold Deposit and provide an exploration update for its 660-sq.km Rau Project.Tiger Deposit PEAATAC believes the carbonate replacement Tiger Gold Deposit offers substanti...Read More

November 14, 2019 – Brixton Metals Corporation (TSXV: BBB) (OTCQB: BBBXF) (the "Company" or "Brixton") is pleased to announce additional analytical results from its 2019 phase two exploration program at its wholly owned Thorn Project located in the Golden Triangle of British Columbia. As part its 2019 Thorn program of 8,042m drilled, the Company drilled two holes at the Outlaw Zone for a tot...Read More

Nordic Mining prepares for lift-offSPONSOREDnordic miningPolymetal building with good momentumSPONSOREDpolymetal internationalIronRidge derisks through diverse discoveries SPONSOREDironridge resources Investing in African Mining Indaba 2020SPONSOREDindabaAs a newcomer to the mining sector, recent weeks have been characterised by intensive googling and incessant questioning of increasingly weary lo...Read More