RAPAPORT... Business Botswana called out De Beers for failing to providesubstantial opportunities for the country's businesspeople, ahead of the miner'sforthcoming negotiations over a new sales agreement. "The benefits deriving from the diamond industry haveunfortunately not been enjoyed by Batswana entrepreneurs," Gobusamang Keebine,president of the employers' advocacy group, said in a speec...Read More

RAPAPORT... Tango Mining sold a 5.28-carat rough diamond for $7,730 per carat, boosting sales from it Oena project in South Africa.  The diamond was one of 190 stones totaling 333.25 carats, which the miner sold at a tender at the Kimberley Diamond Exchange in the third quarter ending May 31. The miner achieved an overallaverage price of $1,198 per carat for rough at the sale. The miner...Read More

RAPAPORT... HRD Antwerp has launched a new drop-off center in London'sHatton Garden, its first foray into the UK market, it said Tuesday. The location, which is part of an effort to combat theaccidental mixture of natural and lab-grown stones, will serve as a deliverypoint for UK jewelers sending diamonds and jewelry in for grading. Itemssubmitted to the center will then be shipped to HRD's g...Read More

BidFair USA, an entitywholly owned by Drahi, will pay $57 per share of common stock to all Sotheby'sshareholders, the auction house said Monday. The deal, which has already received board approval, is a 61%premium over the auction house's closing price on June 14.  Drahi, an avid art collector and Sotheby's patron, has along-term vision for enhancing the company's value, CEO Tad Smith explain...Read More

Shamiso Mtisi, the Zimbabwean lawyer who heads the Kimberley Process (KP) Civil Society Coalition (CSC), was one of the three speakers who addressed the Opening Session of the Kimberley Process Intersessional Meeting (KPI) on June 17, in Mumbai, India. In his address Mtisi noted that this year is the KP's last chance, in the current reform cycle, to cut the diamond sector's ties to what...Read More

The June Hong Kong Jewellery & Gem Fair announced it will feature a dedicated Gemological Laboratories Zone that" industry stakeholders cannot afford to miss," the show organizers said. Scheduled for June 20 to 23 at the Hong Kong Convention & Exhibition Centre (HKCEC), the June Fair will bring together the major names in the world of gemology, including the Asian Gemmological Institute a...Read More

RAPAPORT... Jewelry appraisers will become more important than ever, with a new wave of recycled estate pieces expected to become available. "We want to get a better understanding about what the appraiser community should do as millions of Americans will be selling their jewelry," Martin Rapaport, chairman of the Rapaport Group, said in a recent town hall meeting at the JCK Las Vegas sho...Read More

Bain & Company, a leading advisor to the global luxury goods industry, published the "Bain Luxury Goods Worldwide Market Study, Spring 2019," and said that the global personal luxury goods market reached a "new normal" pattern of growth, following back-to-back years of strong performance in 2017 and 2018. In 2018, 6 percent global growth (at a constant exchange rate) led to ???EUR? ?260 billi...Read More

U.S. retail sales improved in May 2019, putting at rest expectations that the US  economy would be shrinking following poor reports from the job market in recent months. monthly jobs report. Various American news sources quoted a Commerce Department report that said that retail sales had risen 0.5 percent last month in May, while what had initially been reported as a 0.2 percent decrease in A...Read More

BidFair USA, a company owned by the French-Israeli collector and entrepreneur Patrick Drahi, has taken ownership of Sotheby's, the 275-year-old auction house. Drahi, who paid $3.7 billion for the auction house, is planning to take the publicly traded company private, which means that Sotheby's will no longer be traded on the New York Stock Exchange (NYSE). The acquisition may have a sign...Read More

No...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.Subscri...Read More

Altech ticks boxes on path to production SPONSOREDaltech chemicalsHowever, analysts at the bank's global research team said neither LME quotations nor physical premia have reflected that."In our view, the trade dispute is the key culprit, compounding the negative impact the ongoing rebalancing of China's economy has had on growth," the bank said in its Global Metals Weekly report.Altech ticks boxe...Read More

Altech ticks boxes on path to production SPONSOREDaltech chemicalsPerth-based corporate advisor Liam Twigger, SolGold's Brisbane-based head of exploration Jason Ward, and head of communications Anna Legge are now directors.Twigger joins the SolGold board as a non-executive director and chair of the audit committee, Ward is executive director, project management, and Legge is executive di...Read More

MJP aluminium stocks down 1.3% month...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

Aluminium The LME three-month aluminium price remains on...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 downl...Read More

Look beyond market approach to project valuations: van ZylLeadershipStrongbow reviving age-old Cornwall tin mining traditionSPONSOREDstrongbow explorationLithium's next generationSPONSOREDneo lithiumFinally, a changed mining tech M&A landscapeSPONSOREDatricoThe company, which has not traded since it was rapped over the knuckles by New South Wales' regulator for serious breaches of its lice...Read More

In this week’s analysis, we review...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

Consolidation has set in LME...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

Altech ticks boxes on path to production SPONSOREDaltech chemicalsCRU Consulting principal analyst Erik Heimlich said at the Copper to the World Conference in Adelaide the market would see the "first real volumes of copper use in electric vehicles" by 2025, absorbing about one million tonnes a year of copper by then."Expect this specific EV market demand to rapidly increase to 5Mtpa," Heimlich sai...Read More

Nickel prices showing resilience Nickel challenged resistance at...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 do...Read More