Diamond jewellery sales in India set to increase 15% - 20% on sharp rise in gold prices

Indian diamond jewellery retailers anticipate a 15% - 20% increase in sales during the 2026 festive season, driven primarily by the sharp rise in gold prices which prompts consumers to consider diamond jewellery in more affordable price range...

Yesterday

South Africa mining output falls 12.7% in August on weak PGMs, coal and iron ore

South Africa's mining output declined 12.7% year-on-year in August, according to Statistics South Africa, with platinum group metals, coal, and iron ore accounting for the largest negative contributions.

Yesterday

Aterian expands copper footprint at Azrar project in Morocco

Aterian has identified multiple copper showings and substantially expanded the known mineralisation footprint at the Amane Target of its 85%-owned Azrar Copper-Silver project in Morocco, following initial exploration fieldwork.

Yesterday

Russia’s Ministry of Natural Resources identifies region with largest platinum and palladium deposits

Russia retains second place globally in terms of platinum and palladium reserves, while the largest deposits of these metals are concentrated in Krasnoyarsk Territory, according to the Russian Ministry of Natural Resources.

Yesterday

Tharisa meets FY2026 guidance, Karo Platinum fully funded as net debt swings to $51m

Tharisa has reported full-year production in line with guidance for both platinum group metals (PGMs) and chrome concentrates, while confirming its Karo Platinum project in Zimbabwe is now fully funded following a $300 million bond issue.

13 october 2026

Congo says Angola tailings pollution kills 12, to seek compensation

06 september 2021

(reuters.com) - The Democratic Republic of Congo will seek compensation from the owners of an Angolan diamond mine after a tailings dam leak polluted drinking water, causing 12 deaths and making thousands of people ill, the country's environment minister said on Thursday. The late-July leak from Angola's biggest diamond mine turned a tributary of the Congo River red following a rupture in a spillway for the mine's tailings dam, which stores mining industry waste meant to stay undisturbed. Researchers at Kinshasha University last month pointed to "huge pollution" that affected some 2 million people, killed fish and caused diarrhea among river communities. Congo, which shares a 1,600-mile (2,575 km) long border with Angola, will seek compensation in line with the "polluter pays" principle, where those who produce pollution should bear the cost of mitigating it, Eve Bazaiba told a media conference after visiting the country's southern Kasai province.