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

Gold Fields weighing up options for Ghana mines as keeps to production growth aspiration

07 december 2021

(miningmx.com) -  Gold Fields is assessing its options for two Ghana mines that contributed about 13% of third quarter production. The Johannesburg-headquartered firm reported production of 606,000 ounces in the third quarter, beating its second quarter output 8%. It reiterated a full year production forecast of between 2.3 to 2.35 million oz for the 2021 financial year. CEO Chris Griffith said on November 11 at the firm’s third quarter results presentation that the company would assess whether it could further exploit the group’s Damang open pit mine which was showing signs of production decline. “We will contemplate whether there are any more cutbacks or the potential to go underground,” he said. Damang produced 56,400 oz in the third quarter.