Ernest Blom, president of the World Federation of Diamond Bourses (WFDB) said the issue of lab-grown diamonds (LGD) would - once again - be on the agenda of the event, with a panel discussion featuring industry experts. "What distinguishes natural diamonds from lab-created diamonds, apart from the whole love element, is that natural diamonds are a non-renewable source," Blom says. "The supply...Read More

China's rebar market softened on Monday August 26 amid escalating trade friction between the country and the United States, with both sides announcing tariffs against the other's products ahead of the weekend.Domestic Eastern China (Shanghai): 3,640-3,670 yuan ($513-517) per tonne, down 20 yuan per tonneNorthern China (Beijing): 3,590-3,610 yuan per tonne, down 10-20 yuan per tonneThe Chinese gove...Read More

The Antwerp World Diamond Centre (AWDC) will open its doors on the Industry Open Company Day organized by the Flanders' Chambers of Commerce. On this day, in Flanders, hundreds of companies open their doors to the public, enabling it to take a look behind the scenes visit. At the AWDC, visitors will help diamond enthusiasts discover the fascinating world of diamonds and teach them how to buy...Read More

Alrosa, a world leading diamond miner, will hold its annual True Colors auction of fancy color diamonds for the second time in upcoming September. Alrosa held its first auction for fancy color diamonds in 2018 as part of its strategy to become a recognized, authoritative source for fancy color diamonds. Prospective buyers can view the diamonds during the Hong Kong Jewellery & Gem Fair, from t...Read More

The latest bids, offers and deals in the global markets for hot-rolled coil, cold-rolled coil, hot-dipped galvanized coil, pre-painted galvanized iron, plate, sheet and other flat steel products.Hot-rolled coilEast China, domestic, commercial-grade HRC...Read More

China's hot-rolled coil prices dropped in both the spot and futures markets on Monday August 26, amid escalating trade tensions between the country and the United States.DomesticEastern China (Shanghai): 3,670-3,680 yuan ($517-519) per tonne, down 50 yuan per tonneNorthern China (Tangshan): 3,650 yuan per tonne, down 50 yuan per tonneSpot prices plunged after mills lowered their offers in the morn...Read More

Terramin leads gold-copper revival in South AustraliaSPONSOREDterramin australiaPeel cracks Cobar codeSPONSOREDpeel miningThickened tailings deposition for closureSPONSOREDsrk consultingDe-risking delivers value in GalenaSPONSOREDgalena miningHowever the pair have terminated the letter of intent relating to EAM's nearby majority-owned Harvest project containing the Terakimti gold heap leach projec...Read More

Quality emerges at Galan's blue-chip lithium addressSPONSOREDgalan lithiumThe United States Bureau of Land Management has completed the DEIS for the Ambler Mining District Industrial Access project, with public comments on the proposed access road accepted until October 14.The permitting process has been five years in the making for the company. Quality emerges at Galan's blue-chip lithium...Read More

Terramin leads gold-copper revival in South AustraliaSPONSOREDterramin australiaThickened tailings deposition for closureSPONSOREDsrk consultingDe-risking delivers value in GalenaSPONSOREDgalena miningPeel cracks Cobar codeSPONSOREDpeel mining"Recent exploration by AWX within a recently identified Miocene porphyry copper-gold belt on northern Vancouver Island has resulted in the discovery of a sig...Read More

The latest bids, offers and deals in the global markets for iron ore, pig iron, direct-reduced iron and other steelmaking raw materials.Iron oreVale, Beijing Iron Ore Trading Center (Corex), 170,000 tonnes of 62% Fe Brazilian Blend fines, traded at the October average of Fastmarkets' index for iron ore 62% Fe low-alumina fines, cfr Qingdao and another 62% Fe index, plus a premium of $1.60 per tonn...Read More

Seaborne coking coal prices gained some strength on Monday August 26, in line the expectations of some segments of the market last week.Fastmarkets indicesPremium hard coking coal, fob DBCT: $154.28 per tonne, up $0.61 per tonnePremium hard coking coal, cfr Jingtang: $166.25 per tonne, up $0.13 per tonneHard coking coal, fob DBCT: $138.76 per tonne, unchangedHard coking coal, cfr Jingtang: $153 pe...Read More

Seaborne iron ore concentrate continued to fetch narrower discounts last week, while the pellet market stayed soft.ConcentrateFastmarkets' weekly index for iron ore 66% Fe concentrate, cfr Qingdao was at $93.12 per tonne last Friday August 23, down $3.16 per tonne from a week earlier. The movement was based on visible market activity detailed below, which was included in the index calculation acco...Read More

(Corrects company name to Antofalla Minerals in paragraph 6,(not Antofagasta Minerals)) By Cassandra Garrison BUENOS AIRES, Aug 26 (Reuters) - Argentina's oppositioncandidate Alberto Fernandez met with mining companies on Mondayin capital Buenos Aires to discuss his plans for the sector, twosources who attended the meeting said. Fernandez, the front-runner for October's presidentialelection, told...Read More

U.S. equity index futures were higher this morning. S&P 500 futures were up 14 points in pre-opening trade. Index futures recovered from overnight losses after the U.S. and China agreed to lower their rhetoric on trade negotiations. Index futures were virtually unchanged following release of the July Durable Goods Orders report at 8:30 AM EDT. Consensus was an increase of 1.1% versus a revised...Read More

Key data from the pricing sessions in London and Shanghai in the week ended Friday August 23.EuropeKey drivers European grade 4-4-1 silicon price fell after one track of material was purchased at levels around ?,?1,500-1,555 ($1,670-1,731) per tonne. The grade 5-5-3 prices remained unchanged in the week ended August 23 due to limited activity in the spot market. Prices, however, remain under pres...Read More

Dear Rich Lifer,We're coming to the tail end of summer. For some that means the long awaited start of Autumn. For others of us, it means that it's time to think about heading to a more tropical destination. I want to shine some light on common travel myths that are likely costing you more money than you think.According to travel research app Hopper, domestic flight prices have a tendency to rise t...Read More

Dear Reader,Wall Street is a scam.I've said it probably a thousand times. It's something I know from experience. Over the past 15-plus years, I've tried just about every investing strategy in existence.I've run a hedge fund that was successful. I ran a fund of hedge funds, which means I've probably analyzed the track records and strategies of about 1,000 different hedge funds.I've written several...Read More

The protracted economic battle between the United States and China will rewrite the rules of global trading and will not be resolved anytime soon, steel market sources in Asia told Fastmarkets."The world will wait and see who is able to gain the upper hand in the end and then follow the new rules of trading set by the winner," a major trader in China said.Market sources expect the entire ferrous s...Read More

Fastmarkets has amended the specifications of its price assessments for stainless steel cold-rolled coil, Asia grade 304 (2mm), cif East Asian port, $/tonne and stainless steel hot-rolled coil, Asia grade 304, cif port East Asia, $/tonne after a one-month consultation.The price assessment for stainless steel cold-rolled coil, Asia grade 304 (2mm), cif East Asian port, will have its location change...Read More

China's imports of copper scrap totaled 130,000 tonnes in July, down by 39.3% from the same month last year, according to the latest Chinese customs data. Imports for the first seven months of the year totaled around 980,000 tonnes, down by 27.8% from January-July 2018. China's ban on imports of low-quality copper scrap, which began at the start of this year, was the major reason be...Read More