"The thing we don't do well, and we would be better prepared if we improved in this area, is collaboration," he told Mining Journal.The 56-year-old is one of the leading mining executives interviewed for the "Mining Journal Global Leadership Report: Preparing for transformation" being published this month."We still very much row our own boats," he explained."But the speed at which collaboration ca...Read More

Russia and India-origin re-rolling-grade hot-rolled coil are dominating the Vietnamese import market, with China-origin HRC being priced out over the past few weeks.There were at least two deals done in recent days for India-origin back-to-back mill cargoes at $610-615 per tonne cfr Vietnam, including a 25,000-tonne cargo from a major Indian producer. Indian mills were offering cargoes at $61...Read More

RAPAPORT... Researchers in Antwerp have developed fully automatedpolishing technology that, they claim, will make the production process 10 to20 times faster. The new equipment, Fenix, will take an hour and a half tocarry out work that currently takes manufacturers a full day, the Antwerp WorldDiamond Centre (AWDC) said Monday. The Scientific and Technological ResearchCenter for Diamonds (WTOCD),...Read More

RAPAPORT... Richline Group has promoted three team members to executivepositions in its jewelry division, following the appointment of Dave Meleski (pictured) as CEO. Bobby Kempler will take on the newly created role ofpresident of the jewelry segment, the Berkshire Hathaway-owned manufacturersaid last week. Kempler joined Richline in 2017 after its acquisition of SamuelAaron Group, of which...Read More

ASX-listed Lucapa Diamond Company and its partners Empresa Nacional de Diamantes (Endiama) and Rosas & Petalas have completed a further sale of 1 782 ct of alluvial diamonds from the Lulo project, in Angola.The parcel achieved gross sale proceeds of $2-million, or A$2.7-million, representing an average price of $1 150/ct, or A$1 530/ct.AdvertisementThe sale excluded a number of large white spe...Read More

(IDEX Online) - The Italian Exhibition Group (IEG) will be joining Emerald Expositions at The Las Vegas Convention Center for the launch of PREMIER in 2019.   IEG is the organizer of approximately 60 events, including the VICENZORO shows, as well as pavilions at other US-based trade events, and it will showcase a significant pavilion of Italian Made jewelry from some of the most highly regar...Read More

The widely-anticipated third-quarter European ferro-chrome benchmark price reduction is likely to be smaller than early estimates, market sources say, amid rising spot prices in China and Europe. The ferro-chrome benchmark is negotiated quarterly by a leading South African ferro-chrome producer and a major stainless steel mill. The second-quarter price settled at $1.42 per lb and the third-quarter...Read More

(IDEX Online) - Belgium's Scientific and Technological Research Center for Diamonds (WTOCD) says that after more than 10 years of research it has succeeded in developing a technology that fully automates the polishing process.   The WTOCD, the research center of the Antwerp World Diamond Centre (AWDC), said that, as a result, diamonds can be polished 10 to 20 times faster than by hand. A...Read More

(IDEX Online) - Sales of fine jewelry and fine watches rose by 9.5 percent in the U.S. market in April, when compared to the same month a year ago, as the graph below illustrates.   Sales were an estimated $7.2 billion, according to preliminary data from the U.S. Commerce Department.     Strong Start to 2018 Jewelry Sales   American jewelry consumers appear to be in a stron...Read More

(IDEX Online) - Carats.io has announced that it has appointed former Israel Diamond Exchange and Israel Diamond Institute Managing Director Eli Avidar as president.    Carats.io is an Israeli startup issuing the first cryptocurrency backed by diamonds, thereby establishing the first-ever financial market for diamonds. The company uses state-of-the-art Big Data and blockchain technologie...Read More

Libero issued shares, worth about C$936,000 (US$710,000) comprising a 19% stake in the junior, and a 2% net smelter returns royalty to B2Gold for 100% of the project.Mocoa has an in-pit inferred resource of 636 million tonnes at 0.33% copper and 0.036% molybdenum, or 0.45% copper-equivalent, for 6.31Blb CuEq.Libero said Mocoa was near the Ecuador border and was discovered in 1973 when the United N...Read More

Turkish scrap import prices were flat on Monday June 18 due to a silent market following Turkey's public holiday on Friday and before the election outcome at the end of the week.Some buyers could be waiting until the election outcome to get a better picture of current market conditions, Metal Bulletin was toldThe Turkish lira has continued to depreciate against the US dollar in...Read More

German steelmakers have settled their monthly scrap contracts for June, with a slight decrease up to ?,?5 ($6) per tonne, sources told Metal Bulletin.Metal Bulletin's June monthly price assessment for domestic grade-E3 scrap in Germany was ?,?280-295 ($325-342) per tonne delivered on June 18, compared to ?,?280-300 per tonne delivered in May."Supply and...Read More

Taiwan's ferrous scrap imports increased by 36% on the year in April, according to the territory's customs agency.Taiwan imported 290,009 tonnes of ferrous scrap during the month, 76,452 tonnes higher than the 213,557 tonnes it took in a year earlier, data from the Taiwanese Customs Administration showed.March's...Read More

Three-month base metals prices on the London Metal Exchange were broadly down during Asian morning trading on Monday June 18, with a stronger dollar weighing on the complex.The copper price at $6,994 per tonne as at 4.16am London time, is down $26 per tonne from last Friday's close, with around 560 lots traded on Select so far.Elsewhere in the complex, nickel also gave back some of the gains it ac...Read More

Chinese silicon export prices continued to weaken over the past week amid slack demand from downstream producers, while the European market was once again unchanged due to a lack of significant trading activity.The Chinese silicon export market weakened further in the week ended Friday June 15, with prices continuing to fall amid limited buying interest, particularly from secondary aluminium alloy...Read More

U.S. equity index futures were lower this morning. S&P 500 futures were down 19 points in pre-opening trade. Futures are responding to growing trade war concerns.Blackrock (BLK $524.52) is expected to open higher after Citigroup upgraded the stock to Buy from Neutral.Zillow dropped $2.57 to $63.00 after Goldman Sachs downgraded the stock to Neutral.Valeant dropped $1.29 to $25.57 after the FDA...Read More

The Brazil has imposed anti-dumping duties in imports of welded austenitic stainless steel pipes imported from Malaysia, Thailand and Vietnam.Duties will vary from $367.56 per tonne to $888.27 per tonne, according to an announcement by the country's Ministry of Industry and Foreign Trade and Services published on Thursday June 14.Welded stainless pipes exported to Brazil by Malaysia's Pa...Read More

Turkish domestic auto bundle and shipbreaking scrap prices remained stable over the past week due to the majority of market players keeping their buying prices flat, sources said on Monday June 18.Long steel producer Ege ??elik reduced its buy price for auto bundle scrap by TRY100 ($21) per tonne to TRY1,440 per tonne last week. While ID?? increased its buy price by TRY70 per tonne to TRY1,470 per...Read More

TORONTO, June 13, 2018 (GLOBE NEWSWIRE) -- Amarillo Gold Corporation (TSX.V:AGC) ("Amarillo" or the "Company") today announces that the Company will be presenting at the MicroCap Conference on June 21st in Toronto and at the John Tumazos Conference in New Jersey June 28th, 2018.The MicroCap Conference is an exclusive event for investors who specialize in small and microcap stocks. The Conference...Read More