(IDEX Online) - The sale of Zales to Sterling announced last February did not come as a surprise to many. It looks like one of the final strokes of a long-term consolidation that has occurred in the mall-based jewelry field - in all of retail, actually - since the years of near-rampant expansion in the last century.
News
Ekati diamond mine to be closed down after failed attempts at sale
The Ekati diamond mine in Canada will be shut down by court order after its owner, Burgundy Diamond Mines, failed to find a buyer for the asset.
Yesterday
Zijin begins lithium exports from DRC's Manono project to China — report
Zijin has started exporting lithium concentrate from its Manono project in the Democratic Republic of Congo, according to Reuters.
Yesterday
Nornickel CEO claims global demand for company’s metals ‘stable’
The demand for Norilsk Nickel metals in the global market is stable, but the situation with logistics and sales will remain difficult, said president of the company Vladimir Potanin during a meeting with Russia’s president Vladimir Putin.
Yesterday
Sibanye-Stillwater targets 75% chrome volume increase
Chrome is a growing value contributor to Sibanye-Stillwater's South African platinum group metals portfolio, delivering margins, resilience and project support, Mining Weekly has reported.
Yesterday
Platinum and palladium to be produced in Russia’s Arctic zone
RT-Engineering, a holding company of the Rostec state corporation, has completed the main stage of construction at the Chernogorsk Mining and Processing Plant, which will become a major new center for mining and processing of ores containing platinum...
Yesterday
