In April, China's state planner said the government will continue to manage crude steel output in 2024.

For Indonesia it's a vindication of its policy of forcing miners to move downstream by banning ore exports from 2020.

Investors are looking to cash in following a blistering rally in industrial metals markets.

The companies expect the merger to be completed in the second half of the year.

It seems that the next move up in the USDX and the next move down in the precious metals market (including mining stocks) is just around the corner.

The natural diamond market has struggled in the past two years due to rising consumer demand for cheaper lab-grown diamonds.

The value of deals in the industry declined 12.5% to $74.2 billion this year.

Chinese imports have already been strong in recent months.