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
Why Is the US Government Getting Involved in Diamond Financing?
(jckonline.com) - With banks leaving the industry, last week journalist Chaim Even-Zohar broke the news that a rather odd party—the U.S. government—had agreed to finance Botswana diamond factories. The Overseas Private Investment Corp. (OPIC), a financial institution that is part of the U.S. government, is now guarantying $125 million in loans to Botswana’s cutters and polishers. OPIC is assuming 75 percent of the risk associated with the first tranche; the other 25 percent will be held by Barclay’s Bank of Botswana. OPIC has also committed to guarantying another $125 million in loans and hopes to get other local banks involved. If all goes to plan, $333 million will be available for cutters and polishers in Botswana over the agreement’s 13-year horizon.
