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...

Today

European Commission names Eldorado’s copper-gold mine in Greece strategic

The European Commission (EC) has designated the Skouries copper-gold mine in northern Greece, operated by Eldorado Gold Corporation, as a strategic project under the Critical Raw Materials Act (CRMA).

Today

Copper 360 intersects new copper sulphide mineralisation at Rietberg

Copper 360 has intersected copper sulphide mineralisation at its South African Rietberg underground mine about 16 metres before reaching the planned 300 Level (300L) elevation, earlier than expected from the company's geological model.

Today

Namdeb seeks State recapitalisation as diamond prices erode revenue

Namdeb Holdings, comprising Namdeb and Debmarine Namibia, has approached the Namibian government for financial assistance as falling global diamond prices cut into revenue, The Namibian reports.


Yesterday

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.

Yesterday

Fancy Color Diamond Price Direction

08 september 2016
(ehudlaniado.com) - It goes without saying that diamond grading is a critical determinant of value, and that diamonds should be purchased and sold with accurate grading certificates from a reputable grading laboratory. With fancy colors, the color grading takes on even more significance than with colorless diamonds, because even subtle differences in color have a much larger influence on value than in white stones.