India tightens standards for gold

India’s new "Good Delivery Gold" standard system establishes requirements for responsible sourcing and traceability. The Gem and Jewellery Export Promotion Council (GJEPC) has called for the swift adoption and international recognition of these standards...

Today

Orion Minerals secures $40m Glencore financing for Prieska mine development

Orion Minerals has secured $40 million in Tranche A financing from Glencore for its flagship Prieska Copper Zinc Mine in South Africa's Northern Cape, after the funding became unconditional following the execution of final concentrate offtake and intercreditor...

Today

De Beers' Q3 output falls 11%, assumes full ownership of Gahcho Kue

Anglo American has reported an 11% decrease in De Beers’ rough diamond production for the third quarter of 2026, down to 6.8 million carats compared to 7.7 million carats in the same period last year.

Today

Critical Metals gets formal approval for Tanbreez rare earth mine from Greenland authorities

US-based Critical Metals Corp. has announced that its flagship Tanbreez rare earth project has received formal mining plan and closure plan approvals from the government of Greenland, paving the way for a 24-year mine life.

Today

Kyrgyzstan begun construction of a $556 million gold mining complex

The project is being implemented by Chaarat ZAAV, a joint venture between Canada’s Silvercorp Metals (70 %) and the state owned Kyrgyzaltyn (30 %). According to Silvercorp Metals’ calculations, once it reaches its design capacity, the enterprise will...

Yesterday

This is the Regal Imports News for November 2015

02 december 2015
(regalimportsltd.com) - The news from the cutting centres is depressing. Cutters are really suffering and, so much so, that they have had to revolt against the diamond miners. Polished diamond demand is still slow and polished prices are not recovering. De Beers has made some stupid mistakes; one in particular was giving a few companies discounts of 30 to 40 percent on 10 carat plus diamonds in order that they purchase a larger share of their regular allotment. This took place during the October site and in so doing; De Beers discounted sites to a few special customers and undermined their own system by creating two tiers of clients. This mistake back fired with regular clients losing confidence and banks becoming nervous about financing a system that allows for hidden discounts.