News
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
Israel’s diamond sector poised for revival following tax reforms and De Beers comeback
De Beers, one of the world's major diamond market players, has announced the resumption of its operations in Israel after a nine-year absence, which became the latest sign of revival of the diamond industry in the country.
Yesterday
Kefi Gold and Copper restarts Tulu Kapi development after safety review
Kefi Gold and Copper has resumed development at its Tulu Kapi gold project in Ethiopia following a suspension that began on September 7 after a serious safety incident three days earlier.
Yesterday
Nornickel implements smart melt monitoring system
Norilsk Nickel has installed a smart melt monitoring system at its metallurgical plant in Norilsk in collaboration with Reksoft. The system uses computer vision to assist the converter operator in identifying phases during the tapping process.
Yesterday
ALROSA to help amplify Arctic agenda at UN
In preparation for the 31st UN Climate Change Conference (COP31), ALROSA experts and other stakeholders from Russia discussed a unified approach to strengthening the country’s position and the Arctic agenda at UN climate conferences.
Yesterday
Jewelry Stocks Sink Along With Overall Market
(jckonline.com)
- Like the overall stock market, the jewelry industry recently enjoyed a few record-breaking years, which clearly benefited the handful of publicly traded jewelry companies. But in the last few weeks, jewelry industry stocks have taken a tumble along with the rest of the market. What’s striking is that just about all the publicly traded companies—including Signet Jewelers, Pandora, Brilliant Earth, Charles & Colvard, and Movado—reported solid results in their most recent quarters. And in most cases, their stock price is well above what it was pre-COVID-19. But retail stocks have been slumping in general, and some worry jewelry can’t sustain its current high growth rates.
