Falling prices for lab-grown diamonds and their resulting rise in market share are transforming India’s diamond jewellery market and prompting jewellers to take proactive measures.
Today
Ethiopia has inaugurated its first gold refinery, a $50 million joint venture that the government hopes will establish the country as a regional hub for precious metals processing, Prime Minister Abiy Ahmed announced over the weekend, according to Reuters...
Today
Anglo American has reaffirmed South Africa's potential as a premier mining investment destination, even as the company commits R11.2 billion ($677 million) to an ultra-high dense media separation iron-ore project at Sishen in the Northern...
Today
A senior Nornickel representative noted that the company expects to generate $4 billion in revenue from precious metals sales this year.
Today
In 2028, Russia is set to start the construction of its first plant for manufacturing permanent magnets from rare-earth metals (REM) in the city of Glazov, to be commissioned in 2029 with an initial capacity of 500 tonnes per year, said Andrey...
Today
By Debajit Saha
(lbma.org.uk) - Gold’s outstanding rise overwhelmed the leading global equity indexes in 2024, underscoring its growing value as a safe asset against ever-rising market turbulence. Gold appreciated 26% in 2024, outpacing global equity indices by far, except the S&P 500 and Nasdaq, both of which performed close to gold. It was the US market that performed best in 2024 among global indices, despite having high inflation and high interest rates.
