RAPAPORT... AGD Diamonds has unearthed three rough stones over 100 carats from its Grib mine in Russia, including one it claims is Europe's largest.The company found the 222.09-carat stone on May 4, and named it Vladimir Grib in honor of AGD's formerchief geologist. The second stone, found on May 3, weighs 127.34 carats. Theminer has called it Elisey Verichev, paying tribute to the AGD veter...Read More

Brazilian automotive output totaled 266,371 units in July, increasing by 8.4% from 245,641 units in the corresponding a year before, with the domestic market showing continued signs of strength, vehicle manufacturers' association Anfavea said on Tuesday August 6.New locally produced vehicle registrations totaled 218,492 units in the month, up by 14.9% compared with 190,151 units in July 2018. Grow...Read More

RAPAPORT... Development work at the Mothae mine in Lesotho has paid off for Lucapa Diamond Company, with the discovery of a 64-carat rough, the highest-quality diamond found at thedeposit to date.  The miner recovered the D-color, type IIa stone at Mothae's higher-margin southern pit, it said Tuesday. Lucapa began production in that area in the past month, following the construction of a...Read More

Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Shockwaves from Tsingshan's new stainless steel hub in Indonesia are reverberating across South East Asia and beyond, according to Wood Mackenzie.“Competitively priced exports of Indonesian stainless product have provoked varyin...Read More

RAPAPORT PRESS RELEASE, August 6, 2019, Las Vegas ... Diamond-market sentiment was weak in July due to tight profits and liquidity. The pressures facing cutters and dealers resulted from high rough supply at inflated prices during 2017 and 2018, even as polished prices were softening.The RapNet Diamond Index (RAPI?,,?) for 1-carat polished fell 0.9% during the month. The index was down 4% since th...Read More

In May 2019, like during the four previous months of this calendar year, jewelry sales continued to suffer. Watch sales, on the other hand, have been improving though the first five months of the year, albeit in low, single digit increments. In May, the fall in sales of jewelry registered at 8.7 percent, compared to May 2018, the sharpest fall for the year. As the various graphs show, in May 2018...Read More

Access our research platformsSign-in to our platforms to access our extensive research, our latest insight, data and analytics and to connect to our industry experts.Wood Mackenzie's research analysts have over 40 years' experience understanding and forecasting natural resources industry performance across exploration, extraction and production, refining and financial markets.We produce annual, ha...Read More

Based on the success of last year's 'Fly to Buy' campaign, the Israel Diamond Exchange (IDE) today announced that the second 'Fly to Buy' event will be held from September through December 2019. The promotion is being held in collaboration with the Israel Ministry of Economy. 'Fly to Buy' offers overseas diamond buyers up to $1,000 to cover the price of their fli...Read More

CNN Business reported that the Chinese yuan had dropped sharply on Monday to its weakest level against the US dollar in more than a decade, raising fears of further dangerous escalation in the US-China trade war. The yuan fell after the People's Bank of China set its daily reference rate for the currency at 6.92, the weakest rate since December. China's central bank sets a "band" every...Read More

Walmart's $16 billion acquisition of Flipkart last year sent the retailer to first place on the list of biggest retail and e-commerce companies in India, according to Euromonitor. E-commerce giant Amazon ranked second, and Future Group and Reliance Group placed in the top five, India's Economic Times reported. The newspaper reported that Walmart is followed by its US rival Amazon in the...Read More

FREETOWN – At the foot of a slag heap some 40 metres high, Adi Kalie Bangura showed the black welts that dot his arms and legs that he says are the result of drinking and bathing in water contaminated by Sierra Leone’s largest diamond mine.The water “makes us get headaches and feel sick in our stomachs,” said Bangura, a traditional healer and community elder in Koidu, the l...Read More

Prices for rebar imported into the United Arab Emirates have decreased over the past week, with demand only moderate although some deals were heard, sources said on Tuesday August 6.The lower price for imports was because market participants in the Middle East region will be celebrating the Eid al Adha religious holiday most of next week, so some deals were made at discount prices.Domestic rebarLo...Read More

Junior miner Lucapa recovered an exceptional, D-color type IIA gem, weighing 64 carats at its Mothae mine in Lesotho. Lucapa managing director Stephen Wetherall said the gem is the best individual diamond recovered to the date from the Mothae mine in Lesotho, "further underlining its status as a source of large and premium-value stones. "The recovery of this exceptional 64-carat gem also represen...Read More

Rebar prices in Russia's major steel-consuming region, the Central Federal District, decreased over the week ended Monday August 5 because of increased supplies.Fastmarkets' weekly price assessment for steel reinforcing bar (rebar) domestic, cpt Moscow, Russia, including 20% VAT, was 40,000 roubles ($612) per tonne on Monday, down from 41,000-41,500 roubles per tonne a week before."The demand is s...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, steel plate, steel sheet and other flat steel products. Latest transactions: hot-rolled coilHot-rolled coilEast China, domestic,...Read More

KALGOORLIE (miningweekly.com) – Diamond miner Lucapa Diamond Company has recovered a 64 ct diamond from its Mothae kimberlite mine, in Lesotho.The Type IIa D-colour gem is considered to be the best individual diamond recovered to date from the Mothae mine, Lucapa MD Stephen Wetherall said on Tuesday.Advertisement“The recovery of this exceptional 64 ct gem also represents a great start...Read More

The price of hot-rolled coil in China continued to drop on Tuesday August 6, with sentiment showing a bearish attitude toward price trends.DomesticEastern China (Shanghai): 3,690-3,700 yuan ($525-526) per tonne, down 40 yuan per tonneNorthern China (Tangshan): 3,730 yuan per tonne, down 20 yuan per tonneTrading was moderate, even if sellers did cut prices, a Shanghai-based trader said.Mills in the...Read More

Aim-listed diamond mining company BlueRock has completed the upgrade to the crushing circuit, including the installation of a larger cone crusher, at the Kareevlei mine in the Kimberley region of South Africa.In addition to the installation of the new crusher, the crushing circuit has been upgraded and reconfigured to handle the expected increase in material flows and is now set up to be able to o...Read More

Seaborne coking coal prices softened further on Tuesday August 6 with bearishness extending amid limited buying from traders. A cargo of premium mid-vol product with laycan in the second half of August traded recently at $164 per tonne cfr China, sources told Fastmarkets on Tuesday. This compared with similar materials heard sold at $165.50-166 per tonne cfr around the past weekend. A top-brand ca...Read More

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