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

What a Mature Lab-Grown Diamond Jewelry Market Could Look Like

22 august 2022

(paulzimnisky.com) - After donning 2018 as “the year of the lab-created diamond,” demand for the man-made stones has since continued to steadily grow. At the time, lab-diamonds represented <5% of global diamond jewelry sales, this year the product is expected to breach 10% —and at this pace, 20% is certainly in sight by the end of the decade. The next phase of growth will likely bring upon a newfound level of maturity to the industry shaped by: 1) limitless supply, 2) standard superior quality, 3) branding and proprietary design, 4) and, custom shapes and colors.