RAPAPORT... Few in the diamond industry were surprised by the news that Rosy Blue chief Dilip Mehta had launched an independentlab-grown business. It's been an open secret for months that majormanufacturers of natural diamonds have been exploring the sector, Rosy Bluebeing just one of them.A significant number of De Beers' approximately 80 sightholdersare already trading in synthetics or cons...Read More
(IDEX Online) - After taking in a billion dollars in just over a minute, this year's Singles Day has broken all records. The final total for the 24-hour shopping frenzy was $38.4 billion. This was an increase of 26 percent compared to 2018. "Today we showed the world what the future of consumption looks like for brands and consumers," said Fan Jiang, president of Taobao and Tmall. "...Read More
(IDEX Online) - The World Gold Council (WGC) today launched its new consumer research report. The report, which surveyed 18,000 respondents in China, India, North America, Germany and Russia highlights insights into attitudes towards and perceptions of gold, how and why people buy gold and also their reasons for not buying.The survey found that 56 percent of consumers have bought find gold jewelry...Read More
(IDEX Online) - Following recommendations from the IDF Home Front Command, the Israel Diamond Exchange (IDE) in Ramat Gan has advised people not to come to the exchange. The IDE said in a post on its Facebook page that because of threats due to the current security situation, the buildings would only be open in a limited capacity.The Home Front Command has ordered all schools and non-essentia...Read More
(IDEX Online) - After De Beers began selling lab-grown diamonds under its Lightbox brand, it is hardly surprising that other big names are testing out the lab-grown market. The latest entrant into the sector is Dilip Mehta, chairman emeritus of Rosy Blue Alliance, who is partnering with his sons to launch a lab-grown business in Surat. Speaking to the Times of India, Mehta took pains to...Read More
Poster South Africa mine regeneration on trackSPONSOREDorion mineralsWhen Mining Journal spoke to Toronto-listed Rupert Resources' chief executive James Withall in September about the company's Read More
Poster South Africa mine regeneration on trackSPONSOREDorion mineralsThe company had been forecasting first saleable concentrate production this month, but the target for the milestone has been pushed back to December.Read More
Poster South Africa mine regeneration on trackSPONSOREDorion mineralsHowever, owning a plant and having its refurbishment 80% complete already, ahead of the imminent completion of studies on not one but two nearby projects with near-term production potential, puts the possibility of cash flow in the frame for 2020.Artemis gained the fully-permitted Radio Hill plant through the 2017 acquisition of...Read More
Nordic Mining prepares for lift-offSPONSOREDnordic miningPolymetal building with good momentumSPONSOREDpolymetal internationalIronRidge derisks through diverse discoveries SPONSOREDironridge resources Investing in African Mining Indaba 2020SPONSOREDindabaThe company had forecast iron ore sales of 307-332 million tonnes following the fatal Brumadinho tailings dam disaster in Minas Gerais state in J...Read More
Still hostage to trade talk news News flow regarding progress, or lack thereof, in US-China trade negotiations continues to determine the mood in the base metals and remains the main source of week-to-week volatility. Aluminium: Consolidating after short-covering Following a strong week of price gains last week, aluminium has moved into consolidation mode after finding technical resistance and aft...Read More
LME aluminium price up 3.9% week-on-week The LME aluminium price spent most of last week trading above the $1,800 per tonne mark with the weekly average of $1,813 per tonne up 3.9% from the previous week's level. The risk-on mood stemmed from the expectation of an imminent “phase one” US-China trade deal being struck. But on Monday this week, aluminium traded back below $1,800 per tonne,...Read More
Aluminium The LME three-month aluminium price continues to...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 dow...Read More
We are bullish over the next...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 i...Read More
Prices find support after an...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 i...Read More
More lower highs and lows Approaching the mid-point of the fourth quarter, the LME nickel cash price is averaging $16,589 per tonne, with the average declining daily while trading remains in the down-sloping channel off September’s high. Indeed, the sequence of lower highs and lows defining that channel has been extended this week by the sell-off into the $15,000s again. While that lower low...Read More
Recovery in tin prices Tin is one of the best performers among LME base metals so far in Q4, up a little bit more than 5%. The rise in open interest in LME tin in the quarter to date suggests that the price strength has been primarily driven by fresh buying, a sign of increased optimism. We attribute the recovery in tin prices to the market’s realization that refined output trends would be mu...Read More
Guidance downgrades noted among recent producer...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...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
While investors and traders are still waiting for direction on China-United States trade talks, markets are reviewing their individual situations and adjusting accordingly.The two big movers have been the precious metals and nickel, both correcting lower as profit-taking and, or short-selling, set in, while the rest of the markets seem to be consolidating.With US President Donald Trump addressing...Read More