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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Love is blind for Europeans buying Russian diamonds

06 march 2023

(politico.eu) - Valentine's Day drove a spike in demand for rough diamonds from Russia, according to the most recent numbers from the Belgian economy ministry requested by POLITICO. The import of rough Russian diamonds is not sanctioned by the EU, despite repeated calls from Ukraine and some EU countries to crack down on the luxury industry. Imports to Belgium rose again in December and January in the lead-up to Valentine's Day on February 14. In January 2023, Belgium imported €132 million worth of Russian rough diamonds, which was higher than the €97 million in January 2022, although the weight of imports was lower in 2023.