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

De Beers Forevermark Backtracks On Loose Diamond Plan

04 october 2022

(jckonline.com) - De Beers Forevermark has canceled a plan that would have seen the brand take over loose diamond distribution from its wholesale partners, after it raised an uproar from some of its retailers. “As we continue to evolve the strategy for De Beers Forevermark and listen to the feedback we have received regarding the treatment of loose diamonds within the brand, we have decided to maintain the status quo,” said Charles Stanley, president of De Beers brands, North America, in an email to the brand’s retailers. “This means you can continue to access loose De Beers Forevermark diamonds directly from our authorized suppliers and ourselves, along with the continued ability to place our diamonds in third-party semi-mounts or one of our De Beers Forevermark settings.”