News
Saudi oil companies to engage in lithium production
The Saudi oilfield services company National Energy Services Reunited has announced that its specialized division, NESR Environmental and Decarbonisation Applications (NEDA), has entered into an agreement with the national oil and gas monopoly Aramco...
Yesterday
India tightens standards for gold
India’s new "Good Delivery Gold" standard system establishes requirements for responsible sourcing and traceability. The Gem and Jewellery Export Promotion Council (GJEPC) has called for the swift adoption and international recognition of these standards...
Yesterday
Orion Minerals secures $40m Glencore financing for Prieska mine development
Orion Minerals has secured $40 million in Tranche A financing from Glencore for its flagship Prieska Copper Zinc Mine in South Africa's Northern Cape, after the funding became unconditional following the execution of final concentrate offtake and intercreditor...
Yesterday
De Beers' Q3 output falls 11%, assumes full ownership of Gahcho Kue
Anglo American has reported an 11% decrease in De Beers’ rough diamond production for the third quarter of 2026, down to 6.8 million carats compared to 7.7 million carats in the same period last year.
Yesterday
Critical Metals gets formal approval for Tanbreez rare earth mine from Greenland authorities
US-based Critical Metals Corp. has announced that its flagship Tanbreez rare earth project has received formal mining plan and closure plan approvals from the government of Greenland, paving the way for a 24-year mine life.
Yesterday
How Dealers Are Trying (and so Far Failing) to Influence the Rapaport List
(JCK) - A few weeks back, about 20 major Indian manufacturers listed their diamonds on RapNet priced at full “list” (Rapaport) price. The widespread thinking was that they were trying to influence the RapNet price index (RAPI) - and by association the widely watched Rapaport Diamond Report, aka, the Rap List. This week, a release out of Israel said a group of leading traders and manufacturers were following suit: [they] decided to post their diamond stocks at full prices on the RapNet Diamond Trading Network. The decision follows the publication of the latest Rapaport price list, which showed that Rapaport had reduced the prices of a wide range of diamond categories without any commercial justification.
