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

Note from the publisher

17 october 2022

(diamonds.net) - The basis of business is creating products and services that add value. While creating value is the foundation of any business, capturing value is the purpose of the business. If you can’t capture value, your business is not sustainable and will fail. If no one wants to vote for your product by paying you for it, your product and business will not survive. No matter how good a product is, customers need to know what it is, how to get it, and what it costs. Even if you are the only supplier of water in the desert, people need to know where to find you. On a trip, you need to know where the next gas or charging station is. Communicating this information is the first base of marketing. Marketing can grow much more sophisticated in many ways, but never forget the fundamental added value of the product. If the product does not add value, marketing cannot make it successful.