Karen Rentmeesters named interim CEO of AWDC

The board of directors of the Antwerp World Diamond Centre (AWDC) appointed Karen Rentmeesters an interim CEO of the organization after Ari Epstein stepped down from the position today.

Yesterday

Supervisory board of ALROSA recommends paying 14.88 billion rubles in dividends for H2 2023

The supervisory board of ALROSA has issued a recommendation to allocate 14.88 billion rubles ($158 million), or 2.02 rubles per share, as dividends based on the company’s performance for the second half of 2023.

Yesterday

Kavango identifies a significant gold intersection at the Zim project

Kavango Resources says its initial fire assays from the Hillside Prospect 4 gold project in Matabeleland, southern Zimbabwe, include one significant gold intersection grading at 29.08 grammes per tonne (g/t) over 2.53 m at a depth of 97.47 m...

Yesterday

France plans to speed up mining projects for faster energy transition

France is considering a move to tap into its mineral resource base faster to push for greater self-sufficiency in the green energy transition.

Yesterday

US and Great Britain impose sanctions against Russian metals

The U.S. and Great Britain have expanded sanctions against Russia, introducing a ban on the import of aluminum, copper and nickel of Russian origin.

15 april 2024

Diamond Industry Gears Up for Tighter Controls

16 february 2024

By Avi Krawitz

(rapaport.com) - The diamond industry is bracing for significant change in 2024. New sanctions on Russia will fast-track the adoption of traceability programs across the supply chain. Should they wish to sell those diamonds into the Group of Seven (G7) countries, companies will have to prove their goods were sourced from non-Russian production.