RAPAPORT... Luk Fook's same-store sales decreased 10% year on year inthe first fiscal quarter amid an unfavorable comparison with last year and the impact of the US-Chinatariff war. Total same-store sales - at Luk Fook outlets open for morethan a year - in Hong Kong and Macau dropped 10% in the three months ending June 30. Same-store gold sales plunged 20%, while gem-set jewelry purchasesgrew...Read More
In an interview with IGTV, Stuart Brown, Chief Executive Officer (CEO) at Mountain Province Diamonds (MPD) said that "over the last five years we've probably seen too much supply of rough going into the market." Brown came to MNPD after a long career in the diamond mining industry. He spent most of his career with De Beers. De Beers is responsible for the mining side of the joint venture. In...Read More
In his first -ever blog, Ernest Blom, president of the World Federation of Diamond Bourses, argues that the Kimberley Process Certification Scheme (KPCS) is slow because one of the most hot potatoes is ignored.The KPCS, he wrote,is one of the great accomplishments of the worldwide diamond community of the last two decades, as more than 99.5 percent of the diamonds produced fall under a certificati...Read More
BlueRock Diamonds PLC, a diamond miner listed BlueRock Diamonds plc, listed on the AIM in London, reported it had sold a 12.2 carat diamond for $105,000. The price per carat realized stood at $8,584. BlueRock Diamonds owns and operates the Kareevlei Diamond Mine in the Kimberley region of South Africa. Blue Rock said that this diamond is the second most valuable diamond the firm had recovered to d...Read More
Aluminium:...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...Read More
Falling dollar buoyed LME aluminium prices...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 issu...Read More
Aluminium The LME three-month aluminium price closed down...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 down...Read More
Tighter refined market conditions in H1...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
Supply deficit expanded to 42,000...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...Read More
Bullish news flow continues We have noted in...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 is...Read More
LME tin prices under accelerating selling...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...Read More
Gains stall above $2,500 per tonne The LME three-month benchmark is consolidating above $2,400 per tonne at the start of this week after dollar-driven price gains stalled around $2,500 per tonne last week. Smelter output starts accelerating... The latest ILZSG data showed refined output contracted by 1% year on year in January-May, as disruptions at smelters in India (-7.1%), Canada (-3.8%) and Ja...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
Against a backdrop of poor economic growth, especially in Germany and China, and in the absence of fresh news, markets seem to be content to consolidate this morning, Tuesday July 23.This is especially so ahead of the release of flash manufacturing purchasing managers’ index (PMI) data on Wednesday and the European Central Bank (ECB) rate decision on Thursday. Base metalsThe three-month base...Read More
U.S. equity index futures moved higher this morning. S&P 500 futures were up 10 points in pre-opening trade. Index futures responded to news that the U.S. Congress reached a two year bipartisan agreement to raise the U.S. debt ceiling.Intel added $0.70 to $52.05 on news that the company is negotiating to sell its modem business to Apple for more than $1 billion.Coca Cola gained $0.98 to $52.20...Read More
In corporate finance there's a term used to describe inventory that sits in a warehouse costing the business money - that term is called carrying costs.Imagine for a second that your house is run like a business and all your belongings are its inventory. The more stuff you own, the higher your carrying costs will be.Of course, not everything you own will end up costing you money but you get the id...Read More
This week's episode features one of the luminaries of the Canadian mining industry, executive chairman of Yamana Gold Peter Marrone, who gives a speech on Yamana Gold's business philosophy, some of the company's biggest projects, and how it overcame financial difficulties after a challenging 2014.The discussion was recorded live at The Northern Miner's Canadian Mining Symposium held at Canada Hous...Read More
See all of Ezra Levant's videos for The Rebel about his visit to Tommy Robinson in prison at http://www.PrisonReports.com#TommyRobinson #Prison #Interview #EzraLevant #UK #News #BBC #Guardian #DailyStar #FakeNews ?-?***NEW*** BUY Rebel Media gear - https://bit.ly/2V12jny?-?SUPPORT our independent journalism - https://bit.ly/2DFxXB2 ?-?LISTEN to our FREE podcast - https://bit.ly/2CLd59G?-?MEMBERSHI...Read More
The Peter Schiff Show Podcast - Episode 486Recorded July 23, 2019Participate in my next YouTube Live Challenge next Monday, July 29, 9pm EDT The Topic: It's Inflation, NOT DeflationLink: https://youtu.be/izY6zi44ZSoNot to Praise the Tea Party but to Bury It - President Trump originally won the Republican nomination by appealing largely to what used to be the Tea Party. A lot of Tea Party Republi...Read More