China increases gold reserves while domestic production declines

China's domestic gold production for the first nine months of this year was 268,068 tonnes, down 1.17% year-on-year, the China Gold Association (CGA) reported.

Yesterday

Debswana diamond sales more than halved in first nine months of 2024

Debswana Diamond’s sales of rough diamonds dropped by about 52% in the first nine months of 2024, according to data released by Botswana's central bank.

Yesterday

AngloGold gets the nod to acquire Centamin for $2.5bn

Centamin shareholders gave their approval to AngloGold Ashanti's plan to buy the company for $2.5 billion. This means that the deal is one step closer to being finalised.

Yesterday

Chow Tai Fook sales drop 21% on record gold prices

Hong Kong-based jewellery chain Chow Tai Fook Jewellery Group Limited (CTF), with 7,500 stores across mainland China, reported a 21% drop in retail sales in the three months to September 30.

Yesterday

Diamcor gets a loan to speed up increased processing at Krone-Endora

Diamcor Mining intends to complete a term loan financing of up to C$1.5 million ($1.07 million) to expedite efforts to support material processing at significantly higher volumes at the company’s Krone-Endora at Venetia Project in South Africa...

Yesterday

IDEX Online Rough Diamond Market Report: Dreary Summer

28 june 2013

There is a passage in the Talmud that says, “More than the calf wants to suckle, the cow wants to nurse.” Today’s rough diamond market is a good example of this, says Edahn Golan on IDEX Online: the miners want to feed manufacturers rough more than the manufacturers want to buy it. As a result, goods are trading at low prices and many goods are left unwanted.