(IDEX Online) - CIBJO, the World Jewellery Confederation, will hold its 2018 annual congress in Bogot??, Colombia, from October 15-17, with pre-congress meetings beginning on October 13.   The congress will be hosted by Fedesmeraldas, the National Federation of Emeralds of Colombia, which this year will be a celebrating the 20th anniversary of its founding. Immediately prior to the event, fro...Read More

SHANGHAI, May 10 (SMM) –Copper: LME copper rebounded to a high of $6,810/mt from a low of $6,766/mt during the European trading session overnight. The SHFE 1807 contract traded rangebound overnight. Its trading level nudged up and hit the five-day moving average. We expect LME copper to trade at $6,800-6,850/mt today with SHFE 1807 contract at 50,900-51,300 yuan/mt. Spot premiums are seen to...Read More

It said an "immutable and secure digital trail" had been created using the developed Tracr platform for a selection of rough diamonds moving from a De Beers mine to a cutter and polisher to a jeweller.The platform should be launched later this year for all in the industry to use with the aim of improving visibility and trust within the industry, enhancing efficiencies across the value chain and en...Read More

RAPAPORT... De Beers has successfully traced the progress of 100 high-valuediamonds from mine to retail using its new blockchain platform. "Tracr" provides diamonds with a unique "Global Diamond ID" thatcontains information such as carat weight, color and clarity, as well asimages and provenance information, De Beers said Thursday. The system uploads further data at each stepthroughout the proces...Read More

Chinese ferrous futures remained subdued during morning trading on Thursday May 10, ending the session little changed from their opening prices after the physical steel and iron ore markets weakened a day earlier.Futures closing prices - morning session Shanghai Futures Exchange October rebar: 3,587 yuan ($564) per tonne, unchanged October hot-rolled coil: 3,682 yuan per tonne, down 5 yuan per ton...Read More

(IDEX Online) - IDEX is publishing the 2017 Diamond Pipeline in the May edition of IDEX Magazine.   Produced by Pranay Narvekar and Chaim Even-Zohar, the authoritative annual analysis looks at the latest developments in the diamond world, and provides insights about future directions.   "In 2017, the diamond industry witnessed a period of relative calm and a semblance of balance," the re...Read More

Base metals prices on the London Metal Exchange were more negative than positive on the morning of Thursday May 10, with all of the metals, except for tin (+0.2%) and lead (0.0%), down by an average 0.6%. Aluminium prices led the decline with a 1.1% drop to $2,330 per tonne, while copper prices were down by 0.1% at $6,811 per tonne. Volume on the LME has been below average, with 4,769 lots traded...Read More

RAPAPORT... Dominion Diamond Mines has delayed a key extension to itsEkati mine for a second time as it assesses the project's profitability, according to reports. The miner originally postponed the Jay expansion in June2016 because it determined that the main Ekati deposit could yield more orethan it had expected. Following that decision, Dominion said it would beginwork on Jay in 2018, rath...Read More

East Asia's stainless steel market strengthened slightly over the past week, with elevated nickel prices keeping mills under pressure to raise their offers.Metal Bulletin's assessment of prices for benchmark 304 stainless 2mm trimmed cold-rolled coil was $2,230-2,310 per tonne cif East Asian ports for the week ended Wednesday May 9, up $10-60 per tonne from a week earlier. Metal Bulletin's assessm...Read More

(IDEX Online) - Sarine Technologies Ltd said that Borsheims selected the Sarine Profile to accompany each of Warren Buffett's limited series of Signature Diamonds sold at the annual Berkshire Hathaway shareholders meeting in Omaha, Nebraska.   Each stone was engraved on-site by Sarine's DiaScribe system with Buffett's signature, a personalized commemoration or message of affection of the buy...Read More

U.S. equity index futures were higher this morning. S&P 500 futures were up 7 points in pre-opening trade. The British Pound moved slightly lower after the Bank of England maintained its overnight lending rate at 0.5%.Index futures moved slightly higher following release of economic news at 8:30 AM EDT. Consensus for Weekly Jobless Claims was 220,000 versus 211,000 last week. Actual was 211,00...Read More

RAPAPORT... Industry leaders have canceled next month's World Diamond Congress in TelAviv, citing low registration and the likely impact ofgeopolitical tensions in the region. The World Federation of Diamond Bourses (WFDB) and theInternational Diamond Manufacturers Association (IDMA) meet at the congressevery other year to discuss industry issues. This year's event was due to takeplace i...Read More

Justifiably, Idaho's neighbouring states hog the spotlight when it comes to exploration and mining investment.But Barrick Gold's move on Midas Gold to secure a big say in development of one of the biggest emerging mines in the US (based on the circa-300,000ozpa projected run rate) signals the gold major is happy to look outside Nevada for its next significant ‘safe jurisdiction' project...Read More

SHANGHAI, May 10 (SMM) – Nonferrous metals futures inched up for the most part on Thursday May 10. Tin gained nearly 0.5%, while copper, zinc, and lead went up slightly. Aluminium edged down, and nickel fell close to 0.4%.The ferrous complex rose across the board except for iron ore, which lost over 0.4%. Hot-rolled coil gained nearly 1%, while rebar, coking coal, and coke edged up.Copper: T...Read More

SHANGHAI, May 10 (SMM) – Nonferrous metals futures inched up for the most part on Thursday May 10. Tin gained nearly 0.5%, while copper, zinc, and lead went up slightly. Aluminium edged down, and nickel fell close to 0.4%.The ferrous complex rose across the board except for iron ore, which lost over 0.4%. Hot-rolled coil gained nearly 1%, while rebar, coking coal, and coke edged up.Copper: T...Read More

SHANGHAI, May 10 (SMM) – Nonferrous metals futures inched up for the most part on Thursday May 10. Tin gained nearly 0.5%, while copper, zinc, and lead went up slightly. Aluminium edged down, and nickel fell close to 0.4%.The ferrous complex rose across the board except for iron ore, which lost over 0.4%. Hot-rolled coil gained nearly 1%, while rebar, coking coal, and coke edged up.Copper: T...Read More

Few gold exploration hot spots are going to be hotter this northern summer than key districts in Ontario, Nunavut and British Columbia, with the Golden Triangle in BC a standout in terms of gold and copper discovery potential. After a successful 2017 exploration program, GT Gold Corp is well-funded for follow-up drilling of exciting near-surface vein system, and deeper intrusive, targets. In the f...Read More

SHANGHAI, May 10 (SMM) – Spot copper was mostly offered at a premium of 10-100 yuan/mt over the SHFE 1805 contract on Thursday May 10 in the Shanghai market. This compared with a premium of 20-100 yuan/mt on the previous day. Transactions of high-quality copper cooled from the previous days, with cargoes mostly offered at a premium of 80 yuan/mt, SMM learned. Trading of standard-quality...Read More

SHANGHAI, May 10 (SMM) – Sales of new-energy passenger vehicles in China came in at 73,145 units in April, up 150% year on year and up 31.3% month on month, according to data from China Passenger Car Association (CPCA) released on Wednesday May 9.The jump in April suggested a continuous growing demand, Cui Dongshu, secretary general at CPCA, was quoted as saying in local media reports.The A0...Read More

SHANGHAI, May 10 (SMM) – Sales of new-energy passenger vehicles in China came in at 73,145 units in April, up 150% year on year and up 31.3% month on month, according to data from China Passenger Car Association (CPCA) released on Wednesday May 9.The jump in April suggested a continuous growing demand, Cui Dongshu, secretary general at CPCA, was quoted as saying in local media reports.The A0...Read More