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

This 137-Person Village Hopes To Reinvent Itself With Diamonds

31 october 2022

(jckonline.com) - Coomiap is a small village in the Democratic Republic of Congo (DRC)—and it may even be a stretch to call it a village. It’s built entirely around the local mine after which it’s named. Its 137 residents get by with no electricity and live in what can safely be called the middle of nowhere. The biggest town, Kananga, is six hours away—and the only way it can be reached is by motorbike, since the area has no paved roads. “There are only woods and a few huts nearby,” says Pieter Bombeke, a third-generation veteran Antwerp, Belgium, cutter. The village does its own farming, which means it’s largely self-sustaining. And it also has diamonds—enough to possibly make a difference in the lives of local residents.