Nornickel and Reksoft Implement "smart vision" to protect production

Nornickel has deployed a neural network-based video analytics system across its facilities, designed to prevent equipment breakdowns and production stoppages, the company’s press service reported.

Today

Lundin achieves record quarterly gold output at its flagship Ecuador mine

Vancouver-based Lundin Gold has reported that in the third quarter of 2026, gold production at its Fruta del Norte mine in southeast Ecuador hit a new quarterly record.

Today

Richemont, Signet in talks to join De Beers consortium – report

Luxury group Richemont and US retailer Signet Jewelers are in advanced talks to join the Global Diamond Consortium (GDC) bidding for De Beers, according to five people familiar with the matter, Bloomberg reports.

16 october 2026

Rio Tinto begins Q4 of 2026 with strong operational performance

The Anglo-Australian mining group Rio Tinto has reported its third-quarter 2026 results, highlighting strong operational performance.

16 october 2026

Silver market deficit to widen in 2026 - report

In the latest World Silver Survey prepared by the Silver Institute and Metals Focus, the global silver market deficit is forecast to widen for the sixth consecutive year to 46.3 million ounces.

16 october 2026

Reach for the Stars: Diamond hunting in space? Dream on

12 august 2016
(The Republican) - While here on Earth raindrops lit by sunlight may sparkle like diamonds, it seems likely that on Saturn and Jupiter it really does rain diamonds. After analyzing data on these planets this was the conclusion of Mona Delitsky, of California Specialty Engineering, and Kevin Baines, of NASA's Jet Propulsion Laboratory and the University of Wisconsin at Madison. On Earth diamonds form naturally about 100 miles below the planet's surface when carbon is heated to about 2,000 degrees Fahrenheit under pressure of about 725 pounds per square inch. Volcanic magma then brings the molten diamond quickly to the surface, allowing it to cool down and form the precious stone used to make fine jewelry the world over. However, on Saturn and Jupiter the process is somewhat different.