Gem Resources processes 5,500 t of ore as part of Gravelotte start-up phase

Gem Resources, formerly URA Holdings, has processed about 5,500 tonnes of ore, primarily sourced from tailings and stockpiled materials, as part of Phase 1 of the restart at the Gravelotte emerald mine in Limpopo, South Africa.

Today

Banks consider increasing Tuli Kapi loan facilities to $240mln

Banks are planning to increase the proposed project finance debt package for the Tulu Kapi gold project in Ethiopia from $ 190 million to $ 240 million if all conditions are met and remaining formal approvals are obtained, according to Kefi Gold and...

Today

Codelco’s copper production slightly up in Q3 2024

Chile's state-owned miner Codelco has announced its third quarter 2024 results and reported that its copper production rose 2% to 338 000 tons compared to Q3 2023.

Yesterday

US provides support to mining companies to accelerate green energy transition

The US Treasury Department has pledged a tax credit to certain mining companies able to process critical minerals into final products needed for green technologies.

Yesterday

Wider deficit and higher prices expected at copper market next year - analysts

Market analysts predict tighter supplies of copper as a result of higher demand in China and elsewhere, and the decline in production volumes, which would lift up the prices.

Yesterday

Diamonomics

29 july 2013

The diamond market is being greatly influenced by economic sentiment. A far cry from the supply-driven market that it once was, today, short-term diamond trading is largely driven by macroeconomic factors, Avi Krawitz writes in his analysis posted on www.diamonds.net.