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

Nornickel Harjavalta Unveils Nickel Expansion Project at Public Event

16 june 2022
(finlandtoday.fi) - The recent event, held in Harjavalta Hall, was part of the environmental impact assessment process. In practice, the company is increasing its production in two parts. Over the next year, nickel production is expected to increase from 60,000 tons to just under 75,000 tons per year. Under the company’s current environmental permit, the annual nickel production is limited to 90,000 tons. The company aims to increase annual nickel production to more than 100,000 tons by 2026. This will require a new environmental permit from the authorities. By expanding production, Nornickel Harjavalta will meet the raw material needs of the growing battery industry. Locally, the company’s most important customer in the battery industry is planned to be BASF Battery Materials Finland Oy. The battery industry in particular needs nickel sulfate and cobalt sulfate produced by Nornickel Harjavalta, says Joni Hautojärvi, the company’s CEO. The expansion will bring 10–20 new jobs to the area.