News
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
Now anybody can scuba dive for diamonds
(Business Standard) - Wynand Hendrikse is a diamond diver. For 20 years, he's spent his days sailing off the western coast of South Africa, exploring a private offshore concession an hour south of the Namibia border. His office is on a boat, and his uniform is a wetsuit and fins; his mission is to scan the shallow sea floor for precious minerals. Almost every day he spends on the water, he hauls up a pile of diamonds, which he then turns into bespoke pieces at his Stellenbosch design studio. His clients, he says, include sports stars and actors, but he rebuffs you if you ask for their names. In other words, his life doesn't suck.
