London-listed Petra Diamonds has sold the 424.89 ct Legacy of the Cullinan Diamond Mine diamond to Stargems Group/Choron for just under $15-million.The exceptional D-colour Type IIa diamond was mined from the Cullinan C-Cut and adds to the most famous diamonds to have originated from the historic mine.Advertisement"This is a significant sale for Petra and an endorsement of the quality not onl...Read More
A surge in investment buying and higher automotive consumption will underpin a nine percent gain in gross platinum demand in 2019, offsetting weakness in the Chinese platinum jewelry market, where platinum faces increased competition from [high-]karat gold jewelry, the latest Johnson Matthey PGM Market Report says.Automotive demand for platinum will rise by three percent this year, due to greater...Read More
Alrosa's sales of rough and polished diamonds reached $318.7 million in April. Rough diamond sales amounted to $315.8 million, while those for polished diamonds stood at $2.9 million. In the months January-April 2019, total sales came to $1,322.9 million (rough - $1,303 million; polished - $19.2 million). Evgeny Agureev, Director of Alrosa's United Sales Organization, went out of his way...Read More
Canadian miner Stornoway Diamond Corporation has initiated a series of actions to preserve its liquidity, including targeted cost reductions of C$18-million to C$20-million this year.The miner, which operates the Renard mine in Quebec, said on Monday that the continued downward pressure on the rough diamond market was inhibiting its ability to generate positive free cash flow.AdvertisementIn addit...Read More
Altech ticks boxes on path to production SPONSOREDaltech chemicalsSierra said EBITDA of US$12 million in Q1 2019 compared with $27.4 million in 2018, and operating cash flow shrunk from $27.4 million in the first three months of 2018 to $11.8 million. Revenue from copper, zinc, lead, gold and silver output was down from $61.7 million to $49.2 million year-on-year as lower metal prices compounded p...Read More
Altech ticks boxes on path to production SPONSOREDaltech chemicalsOZ recently reached a 70% stake in the Eloise joint venture ground by spending A$10 million and has now agreed to loan-carry minority partner Minotaur to commercial production for an additional 10% ofRead More
Lack...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.Subsc...Read More
Global markets strained by the US-China...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
Aluminium The pullback in the LME aluminium price...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
US-China trade tensions re-emerge Last week...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 iss...Read More
$1,800 per tonne breached... The...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
Amid risk-off selling, exchange stocks fall unrelenting... Nickel...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 d...Read More
LME and SHFE tin price dynamics 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
Trade uncertainties weighing heavier on 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 is...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
U.S. equity index futures were higher this morning. S&P 500 futures were up 22 points in pre-opening trade.Coca Cola added $0.42 to $48.47after Morgan Stanley upgraded the stock to Overweight from Equal Weight. Target was increased to $55 from $52.Deere (DE $146.28) is expected to open lower after JP Morgan downgraded the stock to Underweight from Neutral.Tyson Foods added $0.93 to $80.50 afte...Read More
Estate sales can be gold mines if you're looking to buy classic, high-quality goods for a fair price. I've found everything from furniture and light fixtures to clothing and jewelry at estate sales. The items aren't typically the trendiest, but they're almost always good quality pieces that have stood the test of time and still have lots of life left in them.If you've never been to an estate sale...Read More
May 14, 2019 - Brixton Metals Corporation (TSXV: BBB) (OTCQB: BBBXF) (the "Company" or "Brixton") is pleased to announce its 2019 exploration plans at its wholly owned Thorn project, which will focus on two large scale copper porphyry targets on the property.Phase 1 Highlights Planned phase one drilling of a 1,000 metre hole at the Oban diatreme breccia, which is part of the Camp Creek coppe...Read More
Iamgold (TSX: IMG; NYSE: IAG) has announced that it plans to begin production at its Saramacca open-pit gold deposit in the second half of 2019. The mine is located 18 km from the company's Rosebel mine in Suriname.Ore is expected to arrive at the Rosebel mill later in the year. The project's Environmental and Social Impact Study was approved in January, allowing for infrastructure construction to...Read More