The world's largest low-grade iron ore producer has confirmed that it will bid for two blocks at what is considered the world's largest untapped high-grade ore resource, a move that reiterates what the industry has been saying over the past few years - that demand for green iron ore or high-grade ore is a structural change in the making."Following the release of information at a public meeting hel...Read More
(IDEX Online) - Sarine Technologies has released a preliminary update for Q3 2019 in which it says it has returned to nominal profitability. The company said despite ongoing negative conditions in the mid-stream, revenues for the third quarter will be 20 percent better than those of the second quarter, hitting $14 million. This will allow for a nominal net profit. To keep expenses down,...Read More
(IDEX Online) - Longtime Jewelers Mutual executive David Sexton is retiring after 39 years with the company. He began at Jewelers Mutual in 1980 as an underwriting assistant and took on a range of roles before becoming vice president of Loss Prevention and Consulting in 2004.In this role, Sexton was responsible for the development, recommendation and implementation of Jewelers Mutual's loss p...Read More
(IDEX Online) - A 7.03-carat fancy blue diamond ring mounted by Moussaieff with an upper estimate of CHF 14 million ($14.2 million) is set to go under the hammer at Christie's Geneva Magnificent Jewels auction.Another headlining lot is a 46.93-carat D color, internally flawless diamond ring with a high estimate of CHF 4.5 million ($4.6 million).Among the other important lots are three Cartier...Read More
(IDEX Online) - Latest sales numbers from the National Retail Federation show almost no movement from August. Retail sales in September were down just 0.1 percent seasonally adjusted from August (+ 4.5 percent unadjusted year-over-year). The numbers exclude automobile dealers, gasoline stations and restaurants.According to the U.S. Census Bureau, overall September sales - including auto dealers, g...Read More
Here are five Fastmarkets MB stories you might have missed on Friday October 18 that are worth another look.Global scrap prices in all the major markets recovered during the working week ended October 18, boosted by lower material availability and rising Turkish import prices.An increase in copper concentrate treatment and refining charges (TC/RCs) so far this month reflects a drop in the number o...Read More
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Anyone researching Pure Gold Mining Inc. (CVE:PGM) might want to consider the historical volatility of the share...Read full newsRead More
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