Metals continue to show strength. We liked these comments from Toronto-based market analyst Henry Cieszynski.
“Metals have continued to recover with gold back near $600 an ounce, nickel at a new high, copper back up over the $3.50 level and zinc strong an inventories drop… (more…)
It seems everyone’s talking about Nickel’s recent surge, and for good reason.
Nickel’s 19 year high of $30,705/30,710 a tonne can be attributed to falling global stockpiles, the threat of supply disruptions, and fierce demand from China. (more…)
August 22, miners in the Letseng Mine in Lesotho South Africa unearthed the largest diamond mined since 1993. The Lesotho Promise, a 603 carat stone, is the 15th largest diamond ever discovered and was sold to South African Sightholder Safdico (South African Diamond Corporation) for $12.36 million.
For the origional article, click here
- Antwerp Facets News Service (AFNS) October 10, 2006
Nickel is breaking away from its three month plateau of $29,900/30,000 a tonne rising to $30,100/30,150 a tonne Wednesday. It also hit record a record high of $30,250 earlier this week.
“Nickel is getting stronger…I think copper will recover as well and that would strengthen the whole complex,” an analyst in London said.
To read the origional article, click here
- Yahoo Finance - Thursday October 12, 8:31 PM
The GIA (The Gemological Institute of America) will start accepting and grading synthetic diamonds starting January of next year (2007).
“The final synthetic diamond grading report has now been accepted by stakeholders on all sides of this issue, and is totally consistent with GIA’s high standards of science, public service, education and professionalism.” - Acting GIA president Donna Baker.
To view the origional article, click here
- Antwerp Facets News Service (AFNS) October 10, 2006