The latest forecasts from Fastmarkets' team of analysts are ready to view.While downward pressure mounts on the steelmaking raw material markets, premiums for higher-grade iron ores have been sustained despite narrowing operating margins at Chinese steelmakers. Chinese mills are operating with shrinking margins since the end of last year but the premium for high-grade ores remains high. Historical...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.This week Fastmarkets' analysts and price reporters shared their views and recent findings in a webinar revealing some distinct fundamental tensions for steel, refining alloys and, of course, steelmaking raw materials such as iron ore.While the outlook for chrome and manganese ores and alloys is balanced, as far as market pa...Read More

The latest forecasts from Fastmarkets' team of analysts is ready to view.Stainless steel prices have fared relatively well over the past couple of months in the face of the threat from the Covid-19 pandemic.In grade-304 material, the most common grade of stainless steel, prices were down by about 5-7% since the turn of the year - not bad, when compared with the falls in prices of other assets so f...Read More

The latest forecasts from Fastmarkets' team of analysts are ready to view.Having first hit Asia during early 2020, the Covid-19 viral outbreak is now having an even bigger impact on European countries and the US. Widespread lockdown measures have been put in place on people and industry, and economic activity has slowed markedly.For now, stainless steel markets in Europe and the US are yet to show...Read More

RAPAPORT... The Young Diamantaires group is planning to become a more structured organization, with regional chapters and an online networking platform for registered members, its founder told Rapaport News. The initiative of the World Federation of Diamond Bourses (WFDB) has expanded since it launched in 2016 as a small club that met at trade shows to discuss the sector's future. With close...Read More

RAPAPORT... Lucara Diamond Corp. has indicated the market could improve in the second half as lower rough supply and a recovery in Asia bode well for prices."Though our near-term outlook on diamond prices remains uncertain, global rough-diamond production curtailments, combined with early indications of polished diamond-demand recovery in Asia, provide some optimism that demand will improve i...Read More

RAPAPORT... De Beers has launched an e-commerce site that enables customers to buy the rough diamonds they want, when they want them, creating an opportunity for sales during the weak market.An initiative of De Beers' auctions unit, the new Buy platform gives registered buyers an extra way of purchasing rough in addition to the company's existing limited-time auctions, the miner said Thursday...Read More

(IDEX Online) - Baselworld boss Michel Loris-Melikoff says it's too early to talk about a return in 2022, after the 2020 show was postponed and the replacement 2021 show was then canceled.He also said coronavirus had accelerated a major re-think that was already under way on the format of the premier watch and jewelry event, held annually in Switzerland. In an exclusive interview with Au...Read More

RAPAPORT... Alrosa has shut all operations at its polishing units until further notice, as it waits for demand and health conditions to improve.The closure affects the miner's three manufacturing centers: its original two in Moscow and Barnaul, and the Kristall cutting division in Smolensk, which it purchased from the Russian government last year for $29 million. It does not plan to reopen th...Read More

(IDEX Online) - Banks in Belgium have been accused of refusing vital loans to help diamond firms survive coronavirus.The Antwerp World Diamond Centre (AWDC), representing 1,600 companies, claims banks are turning down applicants who clearly qualify for a financial lifeline.The banks agreed a $55bn emergency loans policy with the Belgian government early on in the COVID-19 crisis.But AWDC spokeswom...Read More

(IDEX Online) - India's Bharat Diamond Bourse has donated $159,000 to help workers hit by COVID-19. It has also been helping to feed up to poor residents living near the Bandra Kurla Complex where it's based, in Mumbai. And it has made one-off subsistence payments of $66 each to 800 daily-wage sorters and traders and plans to make more. The $159,000 donation was made to the chief ministe...Read More

Artemis all set thanks to unique approachSPONSOREDartemis resourcesSpencer has had senior roles with Western Mining Corporation, Placer Dome, Barrick Gold, Kagara, Gold Fields and Aditya Birla Minerals, and also oversaw the ramp-up and production of the Ban Phuc nickel mine."[Spencer's] substantial experience of transitioning projects from ramp-up to commercial production and driving ongoing...Read More

A deadly virus spreads around the globe, killing and infecting millions.Read full newsRead More

"@MA_BC 2012 - Pierre Lebel (Imperial Metals)2016 - Terry Mulligan (President and CEO of the Mining Suppliers Association of B.C)2018 - Richard Tremblay (Taseko)"Read full newsRead More

"Bought some Americas Silver and Gold @americas_gold at $2.92 today. As they ramp up a new heap leach gold mine in Nevada. This mine will be a cash-flow machine as it ramps up."Read full newsRead More

This will be the third halving since Bitcoin's inception in January 2009 and from a price perspective, both of the previous events were very bullish for the cryptocurrency, triggering rises of 81 times and 30 times in the 18-month period after the 2012 and 2016 halvings respectively.Read full newsRead More

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The Corporation will undertake an extensive 42,500-metre drilling program on Beaufor. Monarch will incorporate artificial intelligence technologie...Read full newsRead More

""The economy" isn't shut down. Far from it. Walmart & Dollar General & Amazon open.It just so happens that big-box mass merchandisers & online retailers responsible for flooding USA with crap from Communist China open.Meanwhile, family-owned shops, the backbone of USAclosed"Read full newsRead More

"GR Silver Mining Provides an Update on Gold and Silver Exploration Results at the San Marcial Project https://t.co/91nE21MFws"Read full newsRead More