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.

Today

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.

Today

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.

Today

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.

Today

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.

Today

Sibanye-Stillwater to retrench up to 1,959 employees as SA gold operations deplete

17 november 2022
(miningmx.com) - Sibanye-Stillwater may retrench up to 1,959 employees from its South African gold operations following an announcement on November 1, 2022 it had started restructuring talks with unions at its Beatrix 4 shaft and Kloof 1 plant. Richard Stewart, chief officer for Sibanye-Stillwater’s southern Africa region said the restructuring was necessary as the operations were making losses that would “threaten the remaining life of mine of the other South African gold operations, and ultimately also the employees of the broader group”.