It is now difficult to attract investors in the exploration of natural diamond mining at a time when the industry is facing stiff competition from lab-grown diamonds, according to a Brazilian geologist.
Today
Angolan national diamond trading company, Sodiam, amassed $12.9 million from selling 44 diamonds totalling 1,493 carats.
Today
Russian diamond giant Alrosa is still seeking a buyer to take up its 41% stake in Angola's Sociedade Mineira de Catoca (Catoca) diamond mining company.
Today
Precious metals consultancy Metals Focus has published its new price outlook for 2025, predicting further gains for gold and silver and a mediocre performance for most platinum group metals (PGM).
Today
Emanuel Proenca, CEO of London-based Savannah Resources, expects the price of lithium to rebound by 2027 in time for the commissioning of its Barroso project in Portugal.
Today
By John Jeffay
(idexonline.com) - So the latest sanctions deadline came and went largely unnoticed, with none of the chaos and confusion that accompanied the 1 March ban. Back then, traders were required, for the first time, to provide documentary evidence that the diamonds they were importing were not of Russian origin.
