Ekati diamond mine to be closed down after failed attempts at sale

The Ekati diamond mine in Canada will be shut down by court order after its owner, Burgundy Diamond Mines, failed to find a buyer for the asset.

Yesterday

Zijin begins lithium exports from DRC's Manono project to China — report

Zijin has started exporting lithium concentrate from its Manono project in the Democratic Republic of Congo, according to Reuters.

Yesterday

Nornickel CEO claims global demand for company’s metals ‘stable’

The demand for Norilsk Nickel metals in the global market is stable, but the situation with logistics and sales will remain difficult, said president of the company Vladimir Potanin during a meeting with Russia’s president Vladimir Putin.

Yesterday

Sibanye-Stillwater targets 75% chrome volume increase

Chrome is a growing value contributor to Sibanye-Stillwater's South African platinum group metals portfolio, delivering margins, resilience and project support, Mining Weekly has reported.

Yesterday

Platinum and palladium to be produced in Russia’s Arctic zone

RT-Engineering, a holding company of the Rostec state corporation, has completed the main stage of construction at the Chernogorsk Mining and Processing Plant, which will become a major new center for mining and processing of ores containing platinum...

Yesterday

Christie’s to Offer Largest D Color Diamond Ever Auctioned Online

05 june 2020

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   Image credit: Christie's

(jckonline.com) - In a sign of these socially distanced times, Christie’s Jewels announced in mid-May that it will present the highest valued lot ever offered in one of its online sales—and the largest D color diamond ever to be auctioned online—in its upcoming Jewels Online sale. The virtual auction, scheduled for June 16–30, will be led by a diamond ring featuring an emerald-cut 28.86 ct. D color diamond with VVS1 clarity. The diamond belongs to the rare type IIa category, the classification for the most chemically pure diamonds, which comprises less than 2% of all diamonds. The ring is estimated to sell for between $1 million and $2 million.