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.

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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.

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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.

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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.

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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.

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Why are pink diamonds so popular? From multimillion-dollar sales with Sotheby’s Williamson Pink Star and Harry Winston’s gem to Graff – one of the rare jewels is even named after Grace of Monaco

27 december 2022

(scmp.com) - Pink diamonds have long been associated with love, romance and femininity. This, plus their great rarity, has given them revered status in the world of fancy-coloured diamonds – just consider the flurry of bids from around the world when one appeared at auction in Hong Kong this autumn. It didn’t hurt that it was the Williamson Pink Star, “one of the purest, pinkest diamonds”, according to Sotheby’s. The 11.15-carat stone fetched an eye-watering US$57.7 million in October. But no one seemed surprised. “We estimate that only one in every 10,000 diamonds found is a coloured diamond, but not necessarily a pink,” said Arnaud Bastien, president and chief executive, Graff Diamonds, Asia.