News
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
Pirouettes and Parking?
(polishedprices.com) - There is a bit of crash, bang and wallop zinging around at the moment, as the Brexit vote, however inanely, is being blamed for everything going topsy turvy. Less surprising than Brexit, which even if it was surprising everyone knew that it was going to be very close, is that a major De Beers sightholder should have gone bust for some $450 million. Shrenuj has been a sightholder for as long as I can recall, it was a company that followed the De Beers creed, for instance opening a factory in Botswana. Since Supply of Choice (SoC) was brought in by De Beers some 15 years ago, sightholders have had to give tomes of information to the company, they were even I believe stress tested. So what does De Beers do with this information it demands from its clients? Is any of the information independently verified? Why should companies have to go through this costly charade if it is manifestly a waste of time?
