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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Industry shrinkage trend continues in Q2

13 august 2015
(National Jeweler) - The latest statistics from the Jewelers Board of Trade show that the jewelry industry is continuing to shrink in size, as more retailers, wholesalers and manufacturers close up shop. Business discontinuances in the United States and Canada totaled 251 in the second quarter 2015, compared with 241 in the second quarter 2014. Year-to-date, discontinuances--which include bankruptcies, consolidations (sales/mergers) and companies that simply cease operations--are up 12 percent year-over-year, from 485 to 545.