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...

Today

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.

Today

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.

Today

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.

Today

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.

Yesterday

Trust deficit: If the mining sector is taking ESG seriously, why isn’t society listening?

07 october 2021
(miningmx.com) - Let’s get the obvious out of the way: is mining really changing? Or are the billions of pixels spent in lengthy exposition of ESG - environment, sustainability and governance - merely a rendition of that old chestnut: ‘When we talk environment we mean business’ (nudge, wink)? Some think authentic change is afoot. “We see a focus on real risk management, not just legal compliance,” says James Lake, an environmental scientist who works at SRK, a Johannesburg-headquarted engineering firm. Mining firms he speaks to are no longer focusing on ‘can we get the permits?’ Investor and social pressure on mining and energy firms is immense. In recent times, mining has been one of Hollywood’s common tropes every audience could recognise and feel itself in opposition to. In Avatar, for instance, film director James Cameron’s 2019 blockbuster, the desire for the fictional rare mineral ‘unobtanium’ stands for insatiable human greed sweeping aside all regard for sanctity. In this way, mining is to the environment what Russian spies were to nuclear disarmament in a 1970s James Bond film. Popular consciousness aside, the public sector response lately has been to hit mining where it hurts: in its pocket.