(IDEX Online) - A rough tender in Dubai sold diamonds valued at $35m to $40m as optimism returned and traders from Israel were able to attend for the first time.The week-long Trans Atlantic Gem Sales DMCC (TAGS) socially-distanced sale took place earlier this month at the Dubai Diamond Exchange. Almost all the 45,000 carats were sold.TAGS said it had received numerous new registrations from...Read More
(IDEX Online) - Tiffany and Pandora receive the highest rankings for responsibly sourcing their supplies of diamonds, gold and other minerals, in a report by the Human Rights Watch.But overall there is still long way to go to wipe out human rights abuses across the supply chain, it concludes.The US and Denmark-based jewelers performed strongly by taking significant steps towards responsible sourci...Read More
The mining giant is making the most of rising gold prices.Read full newsRead More
I think it's been a while since a good rant has appeared in these pages, so here goes. Do you remember when this pandemic started? It seems like it was ages ago, but the first case in the U.S. was confirmed on January 21. It was declared a worldwide pandemic on March 11. On March 19, California became the first state to issue stay-at-home orders. You know the rest of the story. During those firs...Read More
Here are five Fastmarkets stories you might have missed on Monday November 30 that are worth another look.Italian authorities will finalize their takeover of a share in flat steel producer ArcelorMittal Italia on December 10, trade unions Fiom-Cgil and Uilm said on November 30.The first deal for...Read More
Alcoa Corporation will sell its Warrick Operations rolling mill near Evansville, in the US state of Indiana, for $670 million - including $587 million in cash - to Kaiser Aluminum, with the transaction expected to close by April 2021, Alcoa said on Monday November 30.Alcoa will continue to operate the smelter - which has capacity of 269,000 tonnes per year - and power plant at the location. The ro...Read More
Bob Moriarty ArchivesNov 30, 2020As of last Friday, the DSI for gold was 17 and 19 for silver. We are within spitting distance of a tradeable low. Mid December marks the end of tax loss silly season. Monday November 30 is both a lunar eclipse and a full moon.The election insanity continues with most Republicans believing it was a fraudulent election and 30% of Democrats agreeing. No matter who tak...Read More
Copper and aluminium prices reached new year-to-date highs at the close of trading on the London Metal Exchange on Monday November 30, while the rest of the base-metals complex showed dips in their three-month prices.Copper rose to $7,580 per tonne at 5pm on Monday, up by 1% from Friday's closing price of $7,499.50 per tonne and setting a new year-to-date high.The red metal also went up to $7,708....Read More
The latest data for the global manganese ore market for the week ended November 30, 2020.Read More
LME base metals reached fresh multi-year highs on Monday as Chinese manufacturing PMI surprised on the upside and Japan's industrial production data beat estimates, Marex Spectron's Anna Stablum said.LME copper touched US$7,692.50/t today in hefty volumes - the highest intraday price since March 26, 2013, she said.Aluminium closed at $2,036/t, its highest point in two years.Gold has fallen below $...Read More
Seaborne prices of both low- and high-grade manganese ore in China were slightly lower in the week to Friday November 27, slowing an earlier downtrend prior to the release of miners' next offer prices and Hebei Steel's final purchase price for December-delivery silico-manganese, market sources told Fastmarkets. Fastmarkets' manganese ore index 37% Mn, cif Tianjin fell by 1 cent (0.3%), week o...Read More
Vancouver, BC - LEAF Mobile Inc. (TSX.V : LEAF) a leading creator and publisher of counter culture mobile games, today released the third consecutive record quarter financial results for the third quarter of 2020.In the second quarter ended June 30, 2020, LEAF completed its qualifying transaction, which included its acquisition of LDRLY (Technologies) Inc. ("LDRLY"). Prior to the completion of...Read More
Vancouver, BC - Ovation Science Inc. (CSE: OVAT) ("Ovation" or the "Company"), is pleased to announce that its DermSafe (R) Hand Sanitizer Lotion is now available in select locations of Source For Sports, a Canadian sporting goods retailer with over 130 locations across Canada."We are excited to now have DermSafe available to consumers in multiple provinces across Canada at Source For Sports; a...Read More
Here are five Fastmarkets stories you might have missed on Monday November 30 that are worth another look.Italian authorities will finalize their takeover of a share in flat steel producer ArcelorMittal Italia on December 10, trade unions Fiom-Cgil and Uilm said on November 30.The first deal for...Read More
The tantalum concentrate market rebounded on Friday November 27, after hitting its lowest level so far in 2020 last week, due to a return of some consumer activity in the spot market. Fastmarkets assessed the price of tantalite, basis 25% min Ta2O5, cif China at $50-55 per lb on Friday, up from the previous week's assessment of $48-50 per lb. The market is now trading at its highest in two mo...Read More
European ferro-titanium prices could hit multi-year highs in the coming weeks against strengthening demand from steelmakers and increasingly tight supplies of scrap, alloy suppliers in Europe told Fastmarkets. Delivered duty-paid prices in Europe will set a new annual peak if prices increase at all from the top end of the current range, and the market will equal a more than six-year high if prices...Read More
Turkish domestic scrap prices continued to increase over the past week because of the rising costs for imported scrap, sources said on Monday November 30.Fastmarkets' weekly price assessment for steel scrap, auto bundle scrap, domestic, delivered Turkey, was 2,600-2,645 lira ($330-336) per tonne on Monday, up from the 2,250-2,545 lira per tonne of last week.Long and flat steelmaker ??olakoglu and...Read More
Base metals prices were mainly stronger this morning, Monday November 30, helped by strong Chinese manufacturing purchasing managers' index (PMI) data and a weaker dollar, but some of the metals are starting to look tired.Chinese manufacturing PMI climbed to 52.1 in November, up from 51.4 in OctoberChinese non-manufacturing PMI climbed to 56.41 in November, up from 56.2 in OctoberBase metals The t...Read More
The tantalum concentrate market rebounded on Friday November 27, after hitting its lowest level so far in 2020 last week, due to a return of some consumer activity in the spot market. Fastmarkets assessed the price of tantalite, basis 25% min Ta2O5, cif China at $50-55 per lb on Friday, up from the previous week's assessment of $48-50 per lb. The market is now trading at its highest in two mo...Read More
Why are stocks hitting record highs?I wish I had a good answer for you. I wish I could tell you the Dow rallied to 30,000 last week because everything was going so great for America.I wish I could say the economy never looked stronger... that the number of COVID-19 cases and deaths weren't still rising... that the nation's cities weren't devolving into "anarchist jurisdictions"... that it wasn't l...Read More