News
South African mining output slides 7.5% in July as PGMs, coal and iron ore weigh heavily
South Africa's mining production fell 7.5% year-on-year in July, with platinum group metals (PGMs), coal and iron ore acting as the biggest drags on overall growth, according to Statistics South Africa (Stats SA).
Yesterday
WFDB president reiterates importance of proper diamond-related language for consumer awareness
President of the World Federation of Diamond Bourses (WFDB) Mehul Shah urged the diamond industry to adopt "One Line Declarations" aimed at consumers, instead of focusing on specific terms like "lab grown" or "synthetic"...
Yesterday
Koryx Copper reports wide, high-grade intercepts at Namibia’s Haib copper project
Koryx Copper has announced assay results from 15 drill holes totaling 6,825 metres as part of its ongoing infill and expansion drill programme at the wholly-owned Haib Copper Project in southern Namibia.
Yesterday
Gokhran to auction over 2,600 carats of polished diamonds
Russia’s Gokhran has announced that it will hold its 14th open domestic auction for polished diamonds from the State Fund on October 8.
Yesterday
Angola, Botswana unite to champion natural diamonds against synthetics
Angola and Botswana have moved to tighten their collaboration in the diamond sector, aiming to bolster the standing of natural stones in global markets as they confront mounting pressure from laboratory-grown alternatives.
10 september 2026
Russia sanctions threaten to backfire on the buck
(asiatimes.com) - Japan and China tend to agree on very little when it comes to economic strategy, geopolitics or managing Western idiosyncrasies. Yet Joe Biden is bringing Tokyo and Beijing together on one issue: their combined US$2.4 trillion of US Treasury debt holdings that are now suddenly in doubt. At issue is the US president’s move to freeze a sizable portion of Russia’s foreign-exchange reserves.
