More women are buying diamond jewellery for themselves, resulting in new growth opportunities for the diamond industry. De Beers latest ‘Diamond Insight Report’, published on Thursday shows that more than a quarter of women’s diamond jewellery bought in 2016 in each of the four main consumer nations – the US, China, Japan and India – was acquired through self-purchase.
LUXEMBURG–(BUSINESS WIRE)–Jean Boulle Luxury en AkzoNobel hebben hun exclusieve samenwerking verbreed. De krachtenbundeling heeft betrekking op de productie, marketing en distributie van kwalitatief hoogwaardige coatings op diamantbasis. De samenwerking wordt nu uitgebreid naar de markt voor jachten. De gepatenteerde diamantcoating Sun KingTM is vanaf nu verkrijgbaar voor toepassingen in de jachtsector. Met zijn ongeëvenaarde effecten transformeert de coating de afwerking van jachten, die des
The push for bigger diamond advertising campaigns and marketing to wealthy millennials has won support from a key part of the industry: India’s manufacturers and retailers. India’s Gem & Jewellery Export Promotion Council, which represents almost 6 000 diamond companies, has agreed to contribute $2-million to the Diamond Producers Association, a group designed to promote gems and backed by miners, according to executives from both organisations. India is the global hub of diamond cutting, polishing and manufacturing. About 90% of the world’s diamonds pass through the nation, where as many as one-million people are employed in the industry.
BEAVER DAM, Wis. & PITTSBURGH–(BUSINESS WIRE)–Evoqua’s ETS-UV helps Rushville, IN
Diversified miner Exxaro has received a revised set of demands from the National Union of Mineworkers (NUM) and the parties will resume wage negotiations on Friday. “We’ve noted the decision by NUM to issue a strike notice. The strike action affects Grootegeluk coal mine, in Lephalale, as well as Leeuwpan coal mine, in Delmas. We continue discussions with NUM in order to resolve and reach agreement sooner to minimise the impact on employees,” Exxaro executive head of stakeholder affairs Mzila Mthenjane said in a statement issued on Thursday.
SX-listed Euro Sun has awarded the bankable feasibility study (BFS) contract for its Rovina Valley gold and copper project, in Romania, to SRK Consulting (Canada) and Ausenco Engineering Canada.
Announcing the award of the BFS on Thursday, Euro Sun said SRK would provide expertise in geology, mining and financial modelling, and that it would also oversee the geochemical and geotechnical work, as well as metallurgical test programmes. Ausenco would be responsible for completing the design engineering for the project.
Brazil-focused nickel development company Horizonte Minerals on Thursday reported sizeable limonite mineral resources at its Araguaia nickel project, which exposes the Aim- and TSX-listed company to the fast-growing nickel/cobalt electric vehicle battery market. Limonite is treated to produce products, such as nickel and cobalt hydroxides, suitable for supplying the EV battery market, explained CEO Jeremy Martin, who added that global demand for nickel and cobalt was expected to accelerate over the next five to ten years as EV battery production ramps up.
ASX-listed Niuminco Group on Thursday revealed that the initial public offering (IPO) on its subsidiary TNT Mines had raised A$5.5-million.
Some 27.5-million shares, priced at 20c each, will be issued under the IPO.
Dual-listed Metminco has received approval from the Colombian environmental agency in the Department of Risaralda, to conduct underground development at its Miraflores gold project.
The development approval will allow the company to expose the previously defined ore zones on multiple levels, up to 2 000 m, and to complete infill diamond drilling for stope definition ahead of a final decision to construct the processing facilities and infrastructure.
Bauxite developer Metro Mining has awarded a mining contract at its Bauxite Hills mine, in Queensland, to contractor SAB Mining.
Mine construction at Bauxite Hills started in July this year, and mining operations were on schedule to start in April 2018, with Metro saying on Thursday that SAB was already on site, performing civil works.
DUBLIN–(BUSINESS WIRE)–The “Global Graphene Market – Segmented by Type, End-User Industry & Application, and Geography – Trends and Forecasts 2017 – 2022” report has been added to Research and Markets’ offering. Graphene, owing to its numerous properties such as highest ratio of edge atoms, conduction of heat & electricity, structural stability, high opacity for atomic monolayer in vacuum etc. is an integral part of various industrial and commercial sectors. In the Graphene market rep
Dual-listed royalty company Anglo Pacific has entered into an agreement with UK-based Brazil Nickel to acquire a gross revenue royalty (GRR) interest for the development of the Piauí nickel/cobalt project, in north-eastern Brazil. This is in line with Anglo Pacific’s strategy to invest in development opportunities with significant growth potential that will complement the company’s existing portfolio of income-producing assets.
Indonesia’s Aneka Tambang (Antam) plans to apply for an additional quota to export 1.25-million tonnes of nickel ore, on top of the 2.7-million tonnes already allocated to the state-owned miner, a company official said.
“Now we are still completing documentation of the verification by an independent surveyor,” Antam corporate secretary Apriliandi Hidayat Setia told Reuters on Thursday.
DUBLIN–(BUSINESS WIRE)–The “Global Metal Chelates Market 2017-2021” report has been added to Research and Markets’ offering. The report forecasts the global metal chelates market to grow at a CAGR of 8.35% during the period 2017-2021. The report, Global Metal Chelates Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discus
Indian power generation companies are rushing to book liquefied natural gas (LNG) to maintain generation, as coal shortages threaten capacity utilisation of thermal power plants.
Over the past two to three days, power companies have made new bookings of an estimated 10-million standard cubic meters a day of LNG to get stranded gas-based power plants back into operation.
盧森堡–(BUSINESS WIRE)–Jean Boulle Luxury AkzoNobel co-operation on the production, marketing and distribution of high quality natural diamond based coatings Yacht industry
卢森堡–(BUSINESS WIRE)–Jean Boulle Luxury AkzoNobel co-operation on the production, marketing and distribution of high quality natural diamond based coatings Yacht industry
The National Energy Regulator of South Africa (Nersa) has outlined the process it will be following to assess Eskom’s request for a 19.9% tariff increase for the 2018/19 financial year, setting a deadline of October 13 for the submission of written comments. Nersa has approved Eskom’s request to submit an application for only a single year once the third multiyear price determination (MYPD 3) cycle, which ran for five years, expires on March 31, 2018.
China’s non-ferrous metal output fell to a one-year low in August, in a sign that Beijing’s environmental crackdown is curbing supplies of base metals, with aluminium also hit by efforts to rein in output.
Production of 10 nonferrous metals – including copper, aluminium, lead, zinc and nickel – fell 2.2% to 4.42-million tonnes, official data showed on Thursday, the lowest in a year and the first year-on-year drop since December 2015.
ASX-listed Liontown Resources has struck a deal with fellow listed Core Exploration to divest of its Bynoe lithium project, in the Northern Territory.
Under the terms of the agreement, announced on Thursday, Core would acquire the Bynoe project for an up-front cash consideration of A$1.5-million, as well as the issue of 39.2-million shares in Core, valued at A$2-million.
Queensland State Development and Natural Resources and Mines Minister Dr Anthony Lynham has turned the first sod at the A$800-million Northern gas pipeline.
The 622-km pipeline, being developed by Jemena, will link Tennant Creek in the Northern Territory to Mount Isa, in Queensland, with first gas expected to flow in 2018.
Platinum mining company Implats, which reported an impairment-impacted 137 cents per share headline loss in the 12 months to June 30, sees the lower-for-even-longer metal price environment as ‘the new normal’. In presenting results for its financial year to June 30, the JSE-listed company reported disappointing production at the Impala Rustenburg and Marula mines, which were both below target.
Dual-listed Tethyan Resources’ decision to delist from the London’s Aim was based on the board’s consideration of challenging macroeconomic conditions and the additional costs that come with maintaining two listings. Speaking to Mining Weekly Online on Wednesday, COO Fabian Baker explained that the company had decided to list on the TSX-V earlier this month as a significant proportion of the company’s financing had come from Canada over the past 12 months, especially from Vancouver-based Southern Arc Minerals, which owns 29.9% of the exploration company.
Improved fundamentals amid global economic growth is expected to sustain a higher pricing environment for the global base metals industry, prompting credit rating firm Moody’s Investors Service to adjust higher the price sensitivity ranges for copper, iron-ore, metallurgical and thermal coal, the advisory firm stated on Wednesday.
“While we still expect volatility and some moderation towards the end of the year, each metal has its own drivers. For copper, it’s supply disruptions and a lower surplus than expected; for aluminium, inventory drawdowns and curtailments – executed and planned in China; for zinc, a deficit position; and for nickel, inventory drawdowns and better supply demand balance developments,” senior VP Carol Cowan said in a news release.
Ballard Power Systems, a supplier of fuel-cell power systems, surged to a three-year high after announcing a technology breakthrough that replaces most of the high-cost platinum used in earlier design.
Ballard gained 24% to $4.59 at 3:08 pm, in New York, the most intraday in more than a year and the highest since April 2014. Nisshinbo Holdings, which has been working with Ballard on the project since 2013, rose a record 26% to 1 475 yen ($13.34) at the close in Tokyo.
The Mackenzie Valley Environmental Impact Review Board has recommended approval for a proposed all-season road for the company’s Prairie Creek mine project, in the Northwest Territories.
The review board issued its ‘Report of Environmental Assessment and Reasons for Decision’ on Tuesday and submitted the report to the Federal Minister of Crown-Indigenous Relations and Northern Affairs Carolyn Bennett.
Gold and copper miner Orvana Minerals has issued its new production guidance for 2018, aiming 25% higher than that of the current year.
The TSX-listed miner, which owns mines in Spain and Bolivia, advised on Wednesday that fiscal 2018 gold output is estimated between 110 000 oz to 120 000 oz, at cash operating costs (COC) of $950/oz to $1 050 and forecast all-in sustaining costs (AISC) ranging between $1 150 to $1 250/oz – 10% lower than that of 2017.
The World Bank’s Pacific Possible report presented to leaders at the Pacific Islands Forum has identified deep sea mining as one of the big five key industries likely to deliver economic growth in the next 25 years.
LUXEMBOURG–(BUSINESS WIRE)–Jean Boulle Luxury et AkzoNobel ont prolongé leur coopération exclusive pour la production, la commercialisation et la distribution de revêtements à base de diamants naturels de haute qualité. Le partenariat est élargi pour inclure les revêtements pour l’industrie des yachts. Le revêtement en diamant propriétaire Sun KingTM de Jean Boulle Luxury est désormais disponible pour des applications dans l’industrie de la plaisance de luxe, avec des effets visuels sans préc
LUXEMBURG–(BUSINESS WIRE)–Jean Boulle Luxury und AkzoNobel haben ihre exklusive Zusammenarbeit bei der Produktion, Vermarktung und dem Vertrieb hochwertiger Beschichtungen auf der Basis von Naturdiamanten erweitert. Die Partnerschaft umfasst nun auch Beschichtungen für die Yachtindustrie. Die von Jean Boulle Luxury entwickelte Sun KingTM Diamond Coating ist ab sofort für Anwendungen im Yachtsektor erhältlich, wo die Beschichtung die Oberflächen von Yachten mit ihren unvergleichlichen Effekten
LUXEMBURGO–(BUSINESS WIRE)–Jean Boulle Luxury e AkzoNobel ampliaram sua cooperação exclusiva na produção, comercialização e distribuição de revestimentos à base de diamantes naturais de alta qualidade. A parceria agora é estendida para incluir revestimentos para a indústria de iates. Proprietário do Sun KingTM Diamond Coating da Jean Boulle Luxury agora está disponível para aplicativos no setor de iates, em que seus efeitos inigualáveis transformarão visualmente os acabamentos dos iates e tam
LUXEMBURGO–(BUSINESS WIRE)–Jean Boulle Luxury y AkzoNobel han ampliado su colaboración exclusiva sobre la producción, la comercialización y la distribución de revestimientos a base de diamantes naturales de primera calidad. Esta alianza ahora se extiende para incluir revestimientos para la industria náutica. El exclusivo revestimiento de diamantes Sun KingTM de Jean Boulle Luxury ahora está disponible para aplicaciones en el sector náutico, donde sus efectos inigualables transformarán estétic
A shortage of coal in the domestic market has significantly reduced pithead stocks of Coal India Limited (CIL) and has forced the miner to regulate dry fuel supplies to nonpower consumers across the country.
Rising plant load factors (PLFs) of thermal power plants has had a salutary impact on CIL’s pithead stocks, which have been lowered from 68-million tons to below 40-million tons over the past four months.
MANSFIELD, Ohio–(BUSINESS WIRE)–Ideal Electric Newly Acquired in Ohio
