Look beyond market approach to project valuations: van ZylLeadershipTransparency at centre of corporate climate policySPONSOREDpolyusPolarX finds extra copper potential in AlaskaSPONSOREDpolarxCorazon Mining: developing a large-scale nickel sulphide projectSPONSOREDcorazon miningEvolution successfully raised A$22 million at 20c via an oversubscribed initial public offer, and the shares opened up a...Read More
Transparency at centre of corporate climate policySPONSOREDpolyusPolarX finds extra copper potential in AlaskaSPONSOREDpolarxCorazon Mining: developing a large-scale nickel sulphide projectSPONSOREDcorazon miningAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsPYX, already listed on Australia's NSX, began trading on the LSE on Monday.Read More
Cuzzubbo, who will take over on December 1, previously served as chief manufacturing supply officer at explosives maker Orica, where he moved in 2015 after a 24-year career at BHP.Read More
Transparency at centre of corporate climate policySPONSOREDpolyusPolarX finds extra copper potential in AlaskaSPONSOREDpolarxCorazon Mining: developing a large-scale nickel sulphide projectSPONSOREDcorazon miningAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsThe so-called "Flanks licence" will cover an area adjacent to Eurasia's current mining licence, and is intende...Read More
Prices for flat steel products in Russia's Central Federal District around Moscow were flat during the week ended Monday November 15, with market participants expecting possible price increases for December deliveries due to good demand, sources told Fastmarkets.Traders suggested that if no newgovernment measures are implemented to cool local prices, there may be a price increase for December...Read More
Transparency at centre of corporate climate policySPONSOREDpolyusPolarX finds extra copper potential in AlaskaSPONSOREDpolarxCorazon Mining: developing a large-scale nickel sulphide projectSPONSOREDcorazon miningAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsAnglo has emerged as a City favourite, but scratch beneath the surface and you'll discover lurking anxieties a...Read More
RAPAPORT... The editorial team takes listeners on a wild ride through the GemGen??ve show, Magnificent Jewels auctions, and the state of the fancy-shape market in episode 51 of the Rapaport Diamond Podcast. Find out what pleased and disappointed Editor in Chief Sonia Esther Soltani as she reflects on her trip to Switzerland to attend GemGen??ve and preview the Sotheby's and Christie's sales....Read More
RAPAPORT... BlueRock Diamonds has paused operations at its Kareevlei mine in South Africa after receiving notification from the government about a possible safety breach.The Department of Mineral Resources and Energy (DMRE) visited Kareevlei last week and subsequently issued a notice under Section 54 of the Mine Health and Safety Act, BlueRock said Monday. That part of the law enables inspect...Read More
The export market for steel slab from the Commonwealth of Independent States remained quiet in the week to Monday November 15, with a various trends in different customer markets driving a lack of clarity.In the Asian region, weakening flat steel prices in China's domestic markethad a strong negative effect on other regional markets.The release of rather grim economic and property data by Chi...Read More
RAPAPORT... A fancy-vivid-blue diamond is among the top items up for auction at the upcoming Christie's Jewels Online sale, where it is estimated to fetch up to GBP 500,000 ($673,314).The unmounted oval-cut, 1.02-carat stone is the most valuable jewel on offer at the sale, which will run until November 26 with viewings in London, Christie's said last week. A round brilliant-cut, 32.10-carat, S- to...Read More
RAPAPORT... US retail sales of jewelry will increase sharply this Thanksgiving season as consumer sentiment continues to strengthen, according to a forecast by Mastercard SpendingPulse.The analytics provider predicted a 40% year-on-year jump for the category during the week from November 22 to 28, with sales also rising by the same percentage compared with the 2019 Thanksgiving holiday. Sales...Read More
(IDEX Online) - Three gang members have been jailed over the highest-value house burglary in Britain - after they admitted stealing diamonds, jewelry and cash from the Formula One heiress Tamara Ecclestone (pictured).They made off with valuables worth $34m after targeting her home in Kensington Palace, London, while she and here family were on holiday. Police recovered hundreds of items of jewelry...Read More
(IDEX Online) - Scientists have identified a mineral that has been seen before, trapped inside a "super-deep" diamond.The mineral, named davemaoite, originates in the Earth's lower mantle, at least 660km below the surface, according to the current edition of New Scientist magazine.The fact that tiny davemaoite crystals were found inside a diamond means it must have been formed at that depth.&...Read More
(IDEX Online) - Alrosa reported an 18 per cent drop in revenue for Q3 as rough shortages persistedThe lower revenue was largely in line with a 20 per fall in sales, though it was offset to a small degree by a higher price index (+10% qoq).Diamond sales in Q3 totaled 9.2m carats, including 700,000 carats Alrosa had to buy from the Gokhran state repository because of shortages from mines. Sale...Read More
MineHub Technologies Inc has launched an application to digitalize and streamline the assay exchange process between buyer, seller and laboratories in base metal concentrates transactions, the blockchain technology platform said.The application, known as MineHub Assay Exchange, is the first in a series of network applications for concentrates that the company intends to roll out over the next mont...Read More
Mytilineos, which owns producer Aluminium of Greece, has received the Aluminium Stewardship Initiative's (ASI) Performance Standard.The certification was awarded to Mytilineos's metallurgy business unit for its upstream activities, including bauxite mining, alumina refining, aluminium smelting and casting. The company's bauxite mining activities at its Delphi Distomon site, its refining, smel...Read More
Chinese lithium-ion battery cathode materials producer Beijing Easpring Material Technology has signed a strategic cooperation agreement with SK Inc to develop cathode materials production projects in Europe, Asia and the United States, the company said on Monday November 15.Under the agreement, SK will invest in Easpring's Finnish joint venture with an equity ratio of no more than 30% to develop...Read More
Hot-rolled coil prices in the United States weakened to the lowest level since July after more buyers stood on the sidelines, unwilling to accumulate inventory while mill pricing is on a downward trajectory.Fastmarkets' daily steel hot-rolled coil index, fob mill US was calculated at $91.47 per hundredweight ($1,829.40 per short ton) on Tuesday November 16, a decrease of 0.32% from $91.76 per cwt...Read More
Transparency at centre of corporate climate policySPONSOREDpolyusPolarX finds extra copper potential in AlaskaSPONSOREDpolarxCorazon Mining: developing a large-scale nickel sulphide projectSPONSOREDcorazon miningAzure eyes province potential ahead of Andover resourceSPONSOREDazure mineralsThe State Council, China's top government body, released a high-profile Read More
Domestic prices for hot-rolled coil were fairly stable in Northern Europe and Italy on Tuesday November 16 due to a lack of trading activity, sources told Fastmarkets.Spot buyers will remain in "wait-and-see" mode until the price trend becomes clear and long-term contracts are settled, sources said.Producers across Europe have been aiming for higher prices for first-quarter rolling coil due to ris...Read More