News
Diamond jewellery sales in India set to increase 15% - 20% on sharp rise in gold prices
Indian diamond jewellery retailers anticipate a 15% - 20% increase in sales during the 2026 festive season, driven primarily by the sharp rise in gold prices which prompts consumers to consider diamond jewellery in more affordable price range...
Today
South Africa mining output falls 12.7% in August on weak PGMs, coal and iron ore
South Africa's mining output declined 12.7% year-on-year in August, according to Statistics South Africa, with platinum group metals, coal, and iron ore accounting for the largest negative contributions.
Today
Aterian expands copper footprint at Azrar project in Morocco
Aterian has identified multiple copper showings and substantially expanded the known mineralisation footprint at the Amane Target of its 85%-owned Azrar Copper-Silver project in Morocco, following initial exploration fieldwork.
Today
Russia’s Ministry of Natural Resources identifies region with largest platinum and palladium deposits
Russia retains second place globally in terms of platinum and palladium reserves, while the largest deposits of these metals are concentrated in Krasnoyarsk Territory, according to the Russian Ministry of Natural Resources.
Today
Tharisa meets FY2026 guidance, Karo Platinum fully funded as net debt swings to $51m
Tharisa has reported full-year production in line with guidance for both platinum group metals (PGMs) and chrome concentrates, while confirming its Karo Platinum project in Zimbabwe is now fully funded following a $300 million bond issue.
Yesterday
Deputy Minister of Finance of the Russian Federation: any country that participates in the global diamond trade should be in the Kimberley Process
07 december 2021
(interfax.ru) - Russia this year held the chairmanship of the Kimberley Process (KP) - a permanent intergovernmental organization, without certification of which not a single parcel of diamonds entering the value chain can do. In this post, Russia was able to facilitate the decision to send a survey mission to the Central African Republic (CAR) to assess the country's compliance with the requirements for legalizing diamond circulation. In this interview to Interfax, Russian Deputy Finance Minister Alexey Moiseev, who represented Russia as Chairman of the Kimberley Process talks about how a compromise was reached on this difficult issue, as well as about the Gokhran's diamond sales strategy and his vision of the lab-grown market development.
Gold Fields weighing up options for Ghana mines as keeps to production growth aspiration
07 december 2021
(miningmx.com) - Gold Fields is assessing its options for two Ghana mines that contributed about 13% of third quarter production. The Johannesburg-headquartered firm reported production of 606,000 ounces in the third quarter, beating its second quarter output 8%. It reiterated a full year production forecast of between 2.3 to 2.35 million oz for the 2021 financial year. CEO Chris Griffith said on November 11 at the firm’s third quarter results presentation that the company would assess whether it could further exploit the group’s Damang open pit mine which was showing signs of production decline. “We will contemplate whether there are any more cutbacks or the potential to go underground,” he said. Damang produced 56,400 oz in the third quarter.
Diamond grading reports – can we trust them?
06 december 2021
(professionaljeweller.com) - The traceability and authenticity of diamonds is a hot topic and has been for decades, with numerous organisations such as the GIA going to great lengths to improve supply chain transparency for both end consumers and industry buyers. But just how accurate are the diamond grading certificates that have become par for the course when purchasing a gemstone, asks Robins Brothers fine jewellers co-director and qualified diamond grader, Robert Robins…
The Deep, Dark Life of Diamonds
03 december 2021
(idexonline.com) - There are diamonds, and there are super-deep diamonds. Regular diamonds were formed 100 miles underground. They then found their way close enough to the surface, and in big enough quantities, for us to mine and trade them. Super-deep diamonds are, by comparison, exceptionally rare. They made headlines this week when scientists provided proof positive of their provenance. An otherwise unattractive, green-tinted stone from Botswana was, it turned out, a super-deep diamond. Tiny black specks trapped inside the gem were of a newly-identified mineral that only occurs 400 miles below the Earth's surface.
AGD DIAMONDS JSC became one of the winners of the "Media Leader - 2021" international competition
02 december 2021
(agddiamond.ru) - Last Friday, the organizers of "Medialider – 2021" summed up the results of this international corporate media competition which attracted 428 federal and international projects. The media communications department of AGD DIAMONDS was recognized as one of the winners of the competition in the "Best corporate special project" nomination and was included in the list of prize-winners in the "Best corporate calendar" nomination.
