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

After nearly going bust, the future couldn’t look any brighter for Gemfields

20 september 2022

(miningmx.com) - When three of South Africa’s wealthiest families engage in some discreet business dealings, it’s perhaps worth taking a second look. In September last year, Christo Wiese sold his 13.72% stake in Gemfields, a Johannesburg- and London-listed mining business founded by mining supremo Brian Gilbertson and now run by his son, Sean. The buyer was Assore, an investment company owned by the octogenarian geologist Des Sacco whose father, Guido, was a founder of South Africa’s manganese fields, dating back to the 1920s. What, though, is Assore doing establishing a beachhead in Gemfields, an investment it has since extended to 26.6%?