(IDEX Online) - Jeweler Roberto Coin will present new collections and adorn special guest Elizabeth Hurley at CARAT+ next month.   The Italian fine jewelry brand will showcase its collections at CARAT+ in May 2018, following a successful showing at the event in 2017.   It will also select a number of exceptional pieces to be worn by special guest, Elizabeth Hurley, during the CARAT+ Nigh...Read More

The programme, called GemFair, will create a secure and transparent route to market for ethically-sourced artisanal and small-scale mined (ASM) diamonds."GemFair will use dedicated technology to record ASM production at mine sites that meet demonstrable ethical standards, with the aim of purchasing rough diamonds from approved locations while helping improve working conditions and livelihoods for...Read More

China's domestic rebar prices maintained their upward trend on Thursday April 19 amid big gains in the futures market.Domestic Eastern China (Shanghai): 3,750-3,800 yuan ($597-605) per tonne, up 20-30 yuan per tonne Northern China (Beijing): 3,700-3,730 yuan per tonne, up 30 yuan per tonne Rebar futures strengthened on Thursday following the release of data showing a 600,000-tonne decline in spot...Read More

SHANGHAI, Apr 19 (SMM) – China will ban imports of 16 more scrap metal and chemical waste products from December 31, 2018, according to release by the Ministry of Ecology and Environment (MEE) on Wednesday April 19. This includes Category Seven copper scrap materials, such as waste electric motors, that account for two-thirds of China's imports of copper scrap. W...Read More

ZK International Group intends to build a new mill in its native China, to capture a larger share of the demand for stainless and carbon steel pipe that is vitally needed for water and natural gas transmission in the nation's immense infrastructure build-out.ZK also may seek acquisitions of existing pipe-making facilities while it attempts to quintuple production within about three years. The...Read More

JOHANNESBURG (miningweekly.com) – Diamond miner De Beers is preparing to pilot a programme, called GemFair, to support the formalisation of artisanal and small-scale (ASM) diamond mining and trading.This programme will create a secure and transparent route to market for ethically sourced ASM diamonds.AdvertisementGemFair will use dedicated technology to record ASM production at mine sites th...Read More

U.S. equity index futures were lower this morning. S&P 500 futures were down 6 points in pre-opening trade.Index futures were virtually unchanged following release of economic news at 8:30 AM EDT. Consensus for Weekly Jobless Claims was a dip to 226,000 from 233,000 last week. Actual was a dip to 231,000. Consensus for the April Philly Fed Index was a drop to 20.1 from 22.3 in March. Actual wa...Read More

The 2017 first-quarter production level was 205,314oz Ag-eq.Excellon said the 100%-owned mine in Durango, Mexico, produced 194,462oz of silver (up 80% on Q1 2017), 2.3 million pounds of zinc (plus-158%), and 1.3Mlb of lead (plus-109%)."We worked through challenges early in the quarter and had an excellent finish, exceeding our previously indicated projections," Excellon president and CEO, Brendan...Read More

SHANGHAI, Apr 19 (SMM) – This is a roundup of global macroeconomic news last night and what is expected today.Last nightThe US dollar inched up slightly overnight, buoyed by the rise in US treasury yield rate and the upbeat economic growth.Base metals rose across the board. LME aluminium hit a fresh high since August 2011 with a 5.7% increase. LME nickel surged close to 7% and hit a three-ye...Read More

Import prices for stainless steel in East Asia maintained their upward momentum over the past week, with rapidly rising production costs resulting in higher Chinese offers.Metal Bulletin's assessment of prices for benchmark 304 stainless 2mm trimmed cold-rolled coil was $2,150-2,230 per tonne cif East Asian ports for the week ended Wednesday April 18, narrowing upward by $50 per tonne from a week...Read More

SHANGHAI, Apr 19 (SMM) – Nonferrous metals futures carried over their strong performance today, with SHFE nickel surging over 4% and aluminium jumping over 3%. Zinc gained close to 3%, copper rose over 2%, lead went up over 1%, and tin inched up slightly.The ferrous complex also rose across the board. Iron ore led a gain of 6.5%, coke surged over 3%, coking coal rose 2.5%, with rebar up 2% a...Read More

SHANGHAI, Apr 19 (SMM) – Nonferrous metals futures carried over their strong performance today, with SHFE nickel surging over 4% and aluminium jumping over 3%. Zinc gained close to 3%, copper rose over 2%, lead went up over 1%, and tin inched up slightly.The ferrous complex also rose across the board. Iron ore led a gain of 6.5%, coke surged over 3%, coking coal rose 2.5%, with rebar up 2% a...Read More

SHANGHAI, Apr 19 (SMM) – Nonferrous metals futures carried over their strong performance today, with SHFE nickel surging over 4% and aluminium jumping over 3%. Zinc gained close to 3%, copper rose over 2%, lead went up over 1%, and tin inched up slightly.The ferrous complex also rose across the board. Iron ore led a gain of 6.5%, coke surged over 3%, coking coal rose 2.5%, with rebar up 2% a...Read More

SHANGHAI, Apr 19 (SMM) –Copper: A strong LME copper provided support to SHFE copper overnight. Technically, LME copper stood above 10-day moving average and tested above the 60-day moving average. It is likely to trade at $7,000-7,060/mt with the SHFE 1805 contract at 51,500-52,000 yuan/mt today. As prices of futures gained, spot prices offered are likely to dip with premiums expected a...Read More

After the eventful rally on Wednesday, both the base and precious metals complexes have continued their upward momentum in the morning of Thursday April 19 with a broad-based commodity rally supporting all metals prices higher. Gains on base metals prices have averaged 1.2%, while precious metals have seen a 0.3% rise as of 6.27am London time. Trading volume on the London Metal Exchange is signifi...Read More

SHANGHAI, Apr 19 (SMM) – China will ban imports of 16 more scrap metal and chemical waste products from December 31, 2018, according to release by the Ministry of Ecology and Environment (MEE) on Wednesday April 19. This includes Category Seven copper scrap materials, such as waste electric motors, that account for two-thirds of China's imports of copper scrap. W...Read More

The deal is part of Weir Group's focus on positioning itself as a mining services provider with mission critical market offerings from extraction to concentration.To better align with this approach, Weir will also be selling its Flow Control division, which makes valves. It wants to focus its portfolio on highly abrasive after-market applications in minerals and oil and gas.Esco is a 105-year-old...Read More

SHANGHAI, Apr 19 (SMM) – Spot copper in the Shanghai market was offered at a premium of 270-350 yuan/mt over the SHFE 1805 contract on Thursday April 19. This compared with a premium of 260-330 yuan/mt in the previous day.Sellers raised offers to a premium of 350 yuan/mt in the morning as SHFE copper gained nearly 1,000 yuan/mt overnight. However, premiums were lowered to 260-300 yuan/m...Read More

SHANGHAI, Apr 19 (SMM) – As zinc spot premiums remained at high levels, downstream consumers took a watch-and-wait approach and held back from purchasing on Thursday April 19, SMM learned.In the Shanghai spot market, most #0 zinc traded at 24,770-24,810 yuan/mt. The 0# common brands were offered at a premium of 230-270 yuan/mt against the SHFE 1805 contract, with 0# Shuangyan at a premium of...Read More

SHANGHAI, Apr 19 (SMM) – Norilsk nickel in the Shanghai market traded at a premium of 200 yuan/mt against the Wuxi Stainless Steel Exchange 1805 contract on Thursday April 19, while Jinchuan traded at a premium of 400 yuan/mt, SMM learned.Jinchuan offered nickel plate at 105,800 yuan/mt.Traders made offers actively due to ample supply. As nickel futures prices surged overnight, downstream co...Read More