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

Philippe Mellier’s route to the top at De Beers

07 december 2015
(Financial Times) - When De Beers was looking for a new chief executive in 2011, the most obvious qualification that Philippe Mellier had for the job was probably “outsider”. The world’s best-known diamond miner wanted to bring in a leader with a fresh perspective to prepare it for a new era. In Mellier — with 30 years in cars, trucks and trains behind him — the headhunters certainly found one. The 60-year-old Frenchman, then working at French industrial group Alstom, recalls plenty of industry scepticism about whether someone with no experience of diamonds or mining could sparkle in the role. Four years later, he has gone through big changes — including De Beers’ ultimate ownership — and has embraced the mystique of the world’s most coveted gemstones.