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

How to Kill Four Birds With One Stone

06 october 2016

The following is a Guest Memo from Thierry Silber, the CEO and founder of Diamaz International and Madestones.

(idexonline.com) - I'm a third generation diamond trader, working in the industry since 1978 and selling laboratory grown diamonds since 2009 with full disclosure. The mixing of small laboratory grown diamonds into natural melee parcels is a reality and it looks to me to be an issue that is very difficult to tackle. I think the solution to avoiding diamond mixing might be actually a very simple one.