RAPAPORT... Alrosa will resume diamond-mining operations in Zimbabwe after a two-year break from the country. The Russian miner announced it would partner with the African country to develop joint exploration and extraction projects. The announcement took place during a visit to Moscow by Zimbabwe President Emmerson Mnangagwa. "We...seek to support Zimbabwe in the development of its diamond-m...Read More
RAPAPORT... The former CEO of Dominion Diamond Mines is launching alab-grown-diamond venture targeting the bridal market, the Financial Timesreported. Patrick Evans's company will produce synthetic stones at aUS location with access to cheap solar power, the report said Sunday. It willsell diamonds above 1 carat, pricing them at a discount of 15% to 20% offnatural diamonds. Evans left Dominion la...Read More
(IDEX Online) - The Board of Directors of CIBJO, the World Jewellery Confederation, has approved the first edition of the Responsible Sourcing Book, which provides a framework and guidance for due diligence related to the responsible sourcing of gemstones and precious metals in the jewelry sector. It becomes the latest in CIBJO's Blue Book series of definitive industry guides for stan...Read More
ASX-listed Newfield Resources is, along with its technical partners PPM, SRK Consulting and Datamine, nearing completion of the front-end engineering design study for its Tongo diamond project, in Sierra Leone.The outcome of the study is expected to be released in the first quarter of this year.AdvertisementMoreover, final mine optimisation is ongoing and is set to be completed shortly.Newfield ha...Read More
(IDEX Online) - ALROSA has announced it is launching operations in Zimbabwe following a visit to Moscow by President Emmerson Mnangagwa. With the support of the Zimbabwe government, ALROSA will develop new mining operations in the country. "Today we see opportunities for a new stage of our partnership," said ALROSA CEO Sergey Ivanov. "We are ready to develop new joint projects for...Read More
The Spain-focused miner produced 42,114 tonnes of copper in 2018 at Proyecto Riotinto, up 13% on 2017 and above the increased high-end guidance of 41,000t.Read More
Pressure growing to boost flagging demand-side fundamentals Overall the supply fundamentals across most of the base metals continue to tighten, or at least remain tight. But the outlook for demand is where the weakness is. The more the global economy weakens, the less impact tightening supply fundamentals will have on metal prices. However, should the demand outlook get a meaningful boost – f...Read More
Weak Chinese data compounds fragile macro...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue...Read More
Aluminium The LME aluminium three-month price remains under...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus do...Read More
Copper boosted by a positive turn...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon...Read More
First annual decline in China’s...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as s...Read More
Unpredictable NPI growth... We are forecasting Chinese NPI...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download...Read More
Rally intensifies The rally in LME...ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soo...Read More
Downbeat data overhangs price sentiment LME zinc prices probed up towards the $2,500 per tonne level last week, before stalling as they encountered significant technical resistance and as global economic indicators continued to weaken. Economic data showed a sharp drop in factory activity in Europe in November. Industrial production in Germany, France and Italy dropped 1.9%, 1.3% and 1.6% respecti...Read More
ACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the latest issue as soon as it’s published.SubscribeRead More
Click here to download the Selected Demand IndicatorsACCESS RESTRICTEDTo read the rest of this analysis please take a free sample or subscribeFREE SampleReceive a free sample of market analysis and price forecasts.Free SampleSUBSCRIBEReceive unlimited access to all current and archive content going back to 2008 including downloadable pricing data and forecasts.Plus download the lat...Read More
Three-month base metals prices on the London Metal Exchange were firmer across the board this morning, Tuesday January 15, with prices up by an average of 0.3%. Bargain hunting stepped in to take advantage of Monday’s price weakness and markets received a confidence boost after China cut some taxes. The three-month copper price on the LME was up by 0.4% at $5,934 per tonne, nickel and le...Read More
U.S. equity index futures were higher this morning. S&P 500 futures were up 1 point in pre-opening trade. Index futures were supported by a 34.58 point gain by the Shanghai Composite Index to 2,570.34 following a pledge by the Chinese government to lower tax rates. Index futures were virtually unchanged following release of economic news at 8:30 AM EST. Consensus for December Producer Price In...Read More
After spending 17 years with Newmont Mining as a senior exploration geologist, and being transferred twice in the same year (1997), I decided it was time to strike out and do something new.As fate would have it, later that year I landed a most interesting job with a privately funded, start-up mining and energy exploration company.The company was owned by Mr. Mohamed Al Fayed, a wealthy Egyptian bu...Read More
Gold prices rose 0.2% to close the trading week at US$1,286.80, while the Philadelphia Gold and Silver Index fell 0.2% to close at 71.71. The Dow Jones Industrial Average rose 2.4% to 23,995.95 and the S&P 500 Index rose 2.5% to 2,596.26. Shares of Hecla Mining rose 5% to US$2.71. The company announced its 2018 production results, tallying 10.4 million oz. silver and 263,103 oz. gold. While Hecla'...Read More