RAPAPORT... Couples are prioritizing personalization and overall costand quality rather than size when buying engagement rings, according to asurvey by wedding-planning resource The Knot. Some 45% of engagement rings contain custom-designedelements, the publication noted last week in a report based on a survey of over21,000 engaged or recently married couples. While diamonds were still the mostpop...Read More
RAPAPORT... Lucara Diamond Corp. reported a loss at its Karowe mine inthe third quarter, amid increased operating expenses and a weak market forsmaller stones. The company recorded a net loss of $4 million for the periodending September 30, compared to a profit of $5.1 million during the sameperiod the year before. Operating expenses grew 9% as the miner switched to anew contractor, it noted....Read More
RAPAPORT... Polished-diamond imports to Hong Kong declined 24% in the third quarter, according to Rapaport calculations based on data from the Diamond Federation of Hong Kong, China. Polished imports fell 12% in the first nine months of the year, the official figures showed. Hong Kong Trade Data for 3Q 2019Read More
RAPAPORT PRESS RELEASE, November5, 2019, Las Vegas ... Diamond trading improved in late October after variousJewish, Indian and Chinese holidays. Dealers are focused on filling holidayorders as US jewelers prepare inventory for the season. Shortages are supportingprices of nonfluorescent RapSpec A3+ goods. Polished prices stabilized in October.The RapNet Diamond Index (RAPI?,,?) for 1-carat diamon...Read More
(IDEX Online) - Lucara Diamond Corp. has announced that plans to expand its 100-percent owned Karowe diamond mine is expected to double the mine's life to 2040. The miner also said the expansion would also generate "significant revenue and cashflow." "Lucara is highly encouraged by the results of the Karowe Underground feasibility study, which has outlined a much larger economic opportun...Read More
(IDEX Online) - Prices rough diamonds dropped 6 percent in the third quarter, Gem Diamonds reported today (Tuesday). Clifford Elphick, Gem Diamonds' CEO said the drop resulted from price pressure on high-value diamonds from the Let?... ?eng mine and lower value ore mined in the previous quarter.During the quarter, which ended September 30, the miner recovered four diamonds weighing over 100 c...Read More
(IDEX Online) - De Beers cut diamond prices by about 5 percent across the board at its November Sight, which ends on November 8, Bloomberg reports. According to reports, the price of some of the cheaper diamonds were slashed by double digits. Other Sightholders claimed De Beers also downgraded assortments, although this has yet to be confirmed.While the results of the ninth Sight of the...Read More
(IDEX Online) - Figures released by the Gold Council today (Tuesday) show demand for gold jewelry fell 16 percent year-over-year in the third quarter, to its lowest level since 2010. Demand stood at 460.9 tons as consumers shied away from buying because of higher prices and subdued economic sentiment. However, it was not all bad news for the yellow metal. Demand in the U.S. grew for the eleve...Read More
The underground expansion at diamond miner Lucara Diamonds' 100%-owned Karowe diamond mine, in Botswana, is expected to not only double its mine life, but also generate significant revenue and cashflow until 2040.A feasibility study into the underground expansion has found that the adapted life-of-mine of an additional 15 years, including stockpiles, will produce 7.8-million carats of diamonds...Read More
Poster South Africa mine regeneration on trackSPONSOREDorion mineralsA consortium led by Japan's Marubeni (50%) and including Transelec (30%) and Techint Chile (20%) won the contract with an EPC contract for Techint Chile, while operations and maintenance will be theRead More
Polymetal building with good momentumSPONSOREDpolymetal internationalWith more than 300 delegates due to attend, there will be progress updates on Continental Gold's Buritica gold project which is due to commence production in February, the feasibility stage Gramalote joint venture project which B2Gold will resume control of in the new year from partner AngloGold Ashanti (AGA), Minesa's Soto Norte...Read More
Poster South Africa mine regeneration on trackSPONSOREDorion mineralsMinsud has been looking to define a large intrusive porphyry system since 2006, and previously defined resources of some 37 million tonnes averaging 0.44% copper, 0.07 grams gold, 2.Read More
Cautious...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.S...Read More
LME price secured a 2.4% m-o-m...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...Read More
Aluminium The LME three-month aluminium price attracted strong...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...Read More
Rebound in Q4, in line with...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...Read More
5% correction after last Tuesday’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 a...Read More
Nickel’s long-term outlook was once again a major...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...Read More
In this week’s analysis,...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...Read More
Data remains weak, but provides some...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