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

AGD DIAMONDS JSC celebrates its 90th anniversary

20 december 2021
AGD DIAMONDS JSC celebrates its 90th anniversary in 2021. By the anniversary date, the company has won the status of one of the best enterprises in Russia in the field of environmental responsibility and in the field of occupational safety and has successfully implemented innovative projects in the field of extractive technologies.
According to the Internet portal vnedra.ru, in the field of diamond production, AGD DIAMONDS JSC has had several fundamental events. The first of them was the introduction of new technology for processing a kimberlite pipe by a milling combine.
The second important event in the field of innovative technologies was the introduction of the XRT separator at the enrichment plant. XRT technology makes it possible to more accurately identify the presence of a diamond in the material flow and extract it with minimal capital costs.
In addition, the company plans to modernize the radar separators produced in 2012. So, in 2022, it is planned to install four units of newly upgraded radar separators at the processing plant of the GOK named after V. Grib.
In addition to mining and extraction, one of the strategic objectives of AGD DIAMONDS JSC is to replenish the mineral resource base. Today, the company is the owner of four licenses for the use of subsurface resources for the purpose of geological exploration, including the search and evaluation of mineral deposits (diamonds) in the Round, Razlomny, Yuzhno-Verkhotinsky and Peat subsurface areas in the Primorsky and Mezen districts of the Arkhangelsk region.
The total area of the search sites is 727 sq. km. - the same area is occupied by the city-state of Singapore.
One of the priorities of AGD DIAMONDS JSC remains the introduction of environmentally friendly technologies. A great achievement in this direction is the completion of the project for the construction and operation of the only quarry and dump water treatment facilities in Russia for open-pit diamond mining based on the use of a mechanical method with physico-chemical processes of coagulation, flocculation and adsorption.
In 2022, the objects of biotechnical measures, according to the plan of biotechnical works for 2021-2023, will be objects of the animal world, in particular moose. The environmental policy of AGD DIAMONDS JSC allows us to maintain the biodiversity of both common and rare animal species, which meets the principles of sustainable nature management and allows us to preserve the fragile ecosystem of the Far North in the area of diamond deposit development.
Ensuring the health of employees and the safety of technological processes consistently remains a priority task of AGD DIAMONDS JSC. The company has a well-established occupational safety management system, implements advanced technologies aimed at improving the safety of technological processes and improving working conditions, implements measures aimed at preserving the health of workers.

Аlex Shishlo for Rough&Polished