Isidore Mörsel re-elected President, Ravi Bhansali elected Vice-President of AWDC

In the wake of Antwerp World Diamond Centre's (AWDC) Board elections held two weeks ago, the organization today announces the confirmation of Isidore Mörsel as President of the Board. Mörsel succeeds himself while Ravi Bhansali, who is joining...

Today

Sibanye-Stillwater under security attack

Multinational mining and metals processing group Sibanye-Stillwater has experienced a cyber-attack which is affecting its information technology (IT) systems globally.

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Chilean Cobalt enters 5-year offtake agreement with Glencore

Chilean Cobalt, a critical minerals exploration and development company focused on the La Cobaltera project in Chile, has signed a letter of intent with commodities trader Glencore for a 5-year cobalt and copper offtake agreement.

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Tharisa boosts quarterly PGM, chrome output

Tharisa’s platinum group metal (PGM) production increased by 4.5% to 36 900 ounces (oz) in the third quarter of the fiscal year 2024, compared to 35 300 oz in the second quarter.

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US-based Cantango acquires Canadian miner HighGold

New York-listed Cantango Ore has expanded its portfolio of projects in Alaska with the recent acquisition of Canada-based HighGold Mining which will provide an opportunity for significant growth in gold production over the next five years.

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June 2024 Market Update: De Beers, G7 & Other Changes

21 june 2024

By Edahn Golan

(edahngolan.com) - The diamond industry is going through changes on a number of fronts, some of them fundamental. Issues such as De Beers announced sale, the impact of G7 sanctions on Russian diamonds, the increasing importance of traceability, the rise in demand for lab-grown diamonds amidst sinking prices, China’s struggling economy, and growing tensions with the West are among those that are – or should be – on everyone’s mind in the industry.