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...

Today

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...

Today

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...

Today

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.

Today

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.

Today

Is China Luxury Demand Really ‘Weak’?

07 october 2015
(Jing Daily) - The earnings reports from luxury powerhouses Prada and the Richemont Group illustrated how murky the global luxury market has become. Throughout 2015, observers have sought to understand whether China’s demand for high-end items has waned or intensified. Much of this concern has been tempered in recent months, with Hermès recording a 20 percent increase in sales in Japan in the first half of the year, much of that growth powered not by a Japanese consumer that has awoken from the protracted stagnation of that economy but by a resurgent Chinese tourist-shopper.