Leaders of Responsible Business award applications now open

At a press conference held on November 8 in the TASS building in Moscow, the Leaders of Responsible Business national award officially opened the application process which will last until December 16.

Yesterday

Diamond industry experiencing longest crisis in 21st century - finance ministry

According to Russian deputy finance minister Alexey Moiseyev, the global diamond market is currently experiencing another crisis of the 21st century, which, however, is particularly long-lasting.

Yesterday

Equinox achieves commercial production at major Canadian mine

Toronto-listed Equinox Gold has announced the beginning of the commercial production at its Greenstone mine in Ontario, Canada.

Yesterday

Indian diamond manufacturers go on early holidays due to falling demand and reduced rough availability

In late October and early November, economic activity in India slowed down significantly ahead of one of the main Hindu holidays, the Diwali festival of lights. However, this year, diamond manufacturers went on holidays early as the diamond industry...

Yesterday

Canada approves sale of Pan American’s mine in Peru to Chinese company

Canadian authorities have approved the deal between Pan American Silver and a subsidiary of Chinese Zijin Mining Group to sell La Arena mine in Peru.

Yesterday

Will Retail Sales Get a Boost as US Economy Powers Ahead?

27 february 2018
(idexonline.com) - This year has started well with big financial figures out of the United States. The US economy – whether you believe it is the result of President Trump coming to office, or whether you think the strengthening of the economy began during the term of President Obama – is certainly powering ahead. Whether, and for how long, it can continue to do so is another matter. But, as of now, the American financial situation seems to be rather rosy. Trump took office exactly one year ago, and has repeatedly said that he is behind a new rise in the American economy. The American economy is definitely growing, but growth is still far from the lofty peaks that Trump claimed would be scaled with a growth rate of as high as 6%. The Department of Commerce's last figures, released last month, show that it grew at an annual rate of 3.2% in the third quarter of 2017. Will the economy continue to expand?