Tharisa signs PGM offtake deal with Valterra Platinum, expands chrome collaboration

South Africa’s Tharisa has entered a binding arrangement for the sale of PGM concentrate to Rustenburg Platinum Mines, a subsidiary of Valterra Platinum, effective 1 January 2027.

Today

Botswana, De Beers suitor near deal on ownership stakes – report

Botswana and a consortium leading the race to acquire De Beers are close to agreeing on their future ownership stakes, potentially clearing the way for Anglo American to exit the diamond miner, according to Bloomberg.

Yesterday

Petra Diamonds subsidiary ordered to wind up over unpaid tax

Petra Diamonds has confirmed that a winding-up order has been made against its wholly owned indirect subsidiary, Petra Diamonds UK Treasury Limited (PDUK Treasury), following a petition by HM Revenue & Customs.

Yesterday

LVMH’s watches & jewellery division revenue rose 8% in the first nine months of 2026

The Watches & Jewellery division of the French conglomerate LVMH, home to over 75 world-renowned luxury brands, recorded an 8% organic revenue growth during the first nine months of 2026 thanks to strong jewellery demand, despite a challenging economic...

Yesterday

Russian companies to increase investment in PGM exploration by 17% in 2026

In 2026, Russian companies will increase their investment in the exploration of platinum group metals (PGM) by 17%, with the total reaching nearly 2 billion rubles ($23 million), the Russian Ministry of Natural Resources and Environment...

Yesterday

Every little bit helps for Duffy as he opens account at debt-laden Petra Diamonds

11 october 2019

(miningmx.com) - Richard Duffy, CEO of Petra Diamonds, is hoping Brexit-weary Brits will buy in to the ‘romance’ of the firm’s Cullinan mine, situated a dusty, sun-baked 30km east of Pretoria. That’s the aim of a joint venture between his company and UK jewellery store Boodles where diamonds marketed as having been mined from Cullinan are being sold. The intention is to play up the history as well as the modern day benefits associated with Cullinan diamonds remembering, of course, that in 1905, a very large 3,106 Cullinan rough diamond was cut and polished into pieces now worn and borne by the UK monarchy when the grandiloquent occasion befits.