David explains why silver will rise from the ashes and become the ultimate money again...by David Morgan of The Morgan ReportWatch this video on Why Silver Will Rise From the Ashes and Become the Ultimate Money Again, then please share with your friends and family on social media and use the caption: Why Silver Will Rise From the Ashes and Become the Ultimate Money AgainLet My Passion Create Your...Read More

Fastmarkets proposes to increase the frequency of its steel hot-rolled coil domestic Northern Europe price from weekly to daily, and to change the price from an assessment to an index. HRC production in Belgium, Germany and Netherlands is estimated to have totalled 36.1 million tonnes in 2018, or 44% of the EU HRC output, according to Fastmarkets MB research. Northern Europe is the hub of the Euro...Read More

The widespread adoption of steel price indices used for risk management will depend on educating steel industry stakeholders on the benefits and best practices of hedging while also overcoming the challenges of the fragmented nature of the steel markets, a panel of experts said at the London Metal Exchange's Ferrous Focus Session on Thursday October 31.Educating steel industry stakeholders, in par...Read More

Here are five Fastmarkets MB stories you might have missed on Thursday October 31 that are worth another look.Fastmarkets plans to replace its weekly assessment for domestic hot-rolled coil (HRC) prices in Northern Europe with a daily index - to better reflect the increasing price volatility caused by tougher EU trade measures.A meeting between Asarco and representatives of striking workers has be...Read More

The three-month prices of base metals traded on the London Metal Exchange were trading down in the morning session on Thursday October 30 on lackluster China PMI, shrugging off the interest rate cut announced by the United States' Federal Reserve the day before.The three-month prices of base metals traded on the London Metal Exchange were trading down in the morning session on Thursday October 30...Read More

Plan view of the Phoenix zone A with the ISR test sites indicated. (Image: Denison Mines)SASKATCHEWAN - Denison Mines Corp. of Toronto has installed two ISR wells at the Phoenix uranium deposit at the Wheeler River property near the southeast part of the Athabasca Basin. Denison holds a 90% interest in the project, and JCU (Canada) Exploration Co. holds the remaining 10%.In announcing the news, De...Read More

A spike in nickel prices as a result of a flip-flop decision in Indonesia regarding an ore export ban of the alloying metal failed to offer any support to China's stainless steel market over the past week.Reports of an immediate commencement of the nickel ore export ban in Indonesia had emerged on Monday October 28, but a day later, Indonesian officials said that the prohibition will only come eff...Read More

A meeting between Asarco and representatives of striking workers has been scheduled for November 14, a United Steelworkers (USW) union spokesperson told Fastmarkets."We are scheduled to meet on November 14," Manuel Armenta, a sub-district director for USW told Fastmarkets on Wednesday October 30."The strike is going on, people are on the picket lines," Armenta added, referring to the ongoing picke...Read More

Base metals prices on the Shanghai Futures Exchange were all down during the morning trading session on Thursday October 31 despite the US Federal Reserve's decision on Wednesday to cut interest rates for a third consecutive time.As expected, the US central bank lowered the policy interest rate by 25 basis points to a target range of 1.5-1.75% at the Federal Open Market Committee's (FOMC) October...Read More

Prices for imported flat steel products have declined further or remained low over the past two weeks, and buyers in the United States have shown renewed interest in booking foreign products for the first time since domestic prices began falling this year, sources said. The biggest reason for such sudden interests in offshore products is the expectation that domestic flat-rolled mills may be able...Read More

Polished trading improving as jewelers prepareholiday inventory. US demand supporting the market. China cautious due to tradewar and Hong Kong unrest. Luk Fook 2Q same-store sales -37%. Indian dealers andmanufacturers on Diwali vacation. Specific demand creating high inventory ofless popular qualities. De Beers 2018 global market estimate finds rough sales+3% to $16.9B, production volume -3% to 15...Read More

RAPAPORT... The Diamond Producers Association (DPA) has appointed RalucaAnghel to fill a new post as head of external affairs and industry relations,starting November 1. Anghel will be based in London, reporting to CEO Jean-MarcLieberherr, the DPA said Thursday. She will oversee the organization'sinteractions with major trade bodies to ensure the industry works together. Herrole includes leading t...Read More

RAPAPORT... Imagine the following: A diamond-mining company operating with self-driving trucks loads its haul of ore to the processing plant, where rough diamonds are separated from waste and arranged in their rough forms into different sizes before being sent for further aggregation. The goods are fed into machines that determine their color and clarity potential while also assessing where the st...Read More

RAPAPORT... Petra Diamonds has launched a small-scale mining initiativeat its Koffiefontein deposit that will provide work for the local South Africancommunity. The miner will give some of its tailings - ore thathas already been treated - to the Koffiefontein Community Mining PrimaryCooperative (KCM) for processing. The company met with the Department ofMineral Resources and Energy, the regul...Read More

RAPAPORT... Secondhand luxury retailer Circa has tapped De Beers Group Industry Services to help it authenticate all diamonds in the jewelry it purchases.Circa will use De Beers detection equipment to testpieces for synthetics before purchasing, as part of a wider collaboration.The two will also conduct joint educational consumer events in Asia, Europe andthe US, and will offer diamond-apprec...Read More

RAPAPORT... US polished-diamondimports fell 25% to $1.3 billion in August, reflecting a decline in volumes andaverage price. Imports were down 11% for the first eight months of the year,according to the latest data from the US Commerce Department. US Trade Data for August 2019Read More

(IDEX Online) - While the price of round diamonds was mostly stable in October, especially for the smaller goods, there was some positive movement in the 0.3 to 0.5 carat rounds. Prices of goods sized 2 carats and above saw more movement with a number of categories experiencing a decline. There was more movement in the prices of fancy goods, especially from 0.70 carats and up. Certain categor...Read More

(IDEX Online) - The World Jewellery Confederation (CIBJO) has produced a special Pearl Commission report ahead of its annual congress in Bahrain next month. This is the eighth in a series of reports prepared for the congress.The report, prepared by the CIBJO Pearl Commission, headed by Kenneth Scarratt, looks at the growing impact of environmental and conservationist factors on the pearl sector. T...Read More

(IDEX Online) - De Beers Group Industry Services today announced it will provide proprietary diamond detection technology to CIRCA. The company is a global buyer of pre-owned fine diamond jewelry and watches.De Beers Group Industry Services will roll-out the detection equipment across CIRCA's global offices, to provide CIRCA's buyers assurance that the diamonds in the jewelry and watches...Read More

(IDEX Online) - Delgatto DIamond Finance Fund (DDFF) has announced it can now offer full commercial bank services through its partnership with The MFO AG, Plaffikon Zurich. This will include cash and investment accounts, the ability to send and receive wire transfers and card services. "Through the Delgatto Diamond Finance Fund we have begun to address the lack of capital available to th...Read More