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...

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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...

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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...

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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.

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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.

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Diamonds Provide Ample Funding to Warlords in CAR

25 june 2015
(Rapaport) - Even though the Central African Republic (CAR) has been suspended from the Kimberley Process Certification Scheme since May 2013, rough diamonds are the largest source of export revenue for the country. In a report, "Warlord Business" by Kasper Agger, the Enough Project detailed how armed groups, the ex-Séléka and the Anti-Balaka, profit from a shadow economy where armed factions, warlords and illicit networks generate millions of dollars through robbery, extortion and the illegal trading of gold and diamonds.