Petra Diamonds realises $44mln from the sixth tender cycle

Petra Diamonds, which has interests in three underground mines in South Africa and one open pit mine in Tanzania, realised $44 million from the sale of 371,000 carats during its sixth tender cycle.

Today

Eastplats first quarter revenue slides

Eastern Platinum (Eastplats) says its revenue for the three months ended March 31, 2024, decreased 12.9% to $15.7 million compared to $18 million in restated first quarter of 2023.

Today

Gem and jewellery exports from India saw an overall reduction in FY2024

The Gem & Jewelery Export Promotion Council (GJEPC) of India has released monthly data on the country's rough and polished diamond trade for April 2024.

17 may 2024

WFDB and SDE to jointly promote natural diamonds in China

The World Federation of Diamond Bourses (WFDB) has signed a Memorandum of Understanding (MOU) with the Shanghai Diamond Exchange (SDE) to promote the development of the natural diamond market in China.

17 may 2024

DRC demands international embargo on Rwandan mineral exports

The Democratic Republic of the Congo (DRC) has demanded an international embargo on mineral exports from neighbouring Rwanda, whose government it accuses of stealing its natural resources with the help of rebel groups.

17 may 2024

Embracing new tech in marine diamond mining

07 march 2024

(miningweekly.com) - To increase the net present value (NPV) of Namibia’s marine diamond mining sector, four strategies – economies of scale, economies of scope, productivity and efficiency improvements, and improvements to the quality of the resource – can be assessed as potential options.

The Chairwoman of the Council of Federation noted the successful progress of Norilsk Nickel’s Sulfur Program

01 march 2024

During a visit to the Krasnoyarsk Territory, the Chairwoman of the Council of Federation Valentina Matviyenko said that Norilsk Nickel’s projects coupled with social responsibility programs are commendable.

Experts hold public discussions on lithium deposit development in the Murmansk Region

23 february 2024

(porarctic.ru) - The preliminary results of the ethnological expert examination and the method for loss estimation were presented at the consultations with the residents of the villages of Lovozero and Krasnoshchelye (representatives of the Sami people) and the Komi and Nenets reindeer herders, as well as at the meeting of the working group consisting of the indigenous minorities and reindeer herding peoples.

Diamond Industry Gears Up for Tighter Controls

16 february 2024

(rapaport.com) - New sanctions on Russia will fast-track the adoption of traceability programs across the supply chain. Should they wish to sell those diamonds into the Group of Seven (G7) countries, companies will have to prove their goods were sourced from non-Russian production.

Chekunkov: Transportation from Norilsk Nickel, Gazprom, NOVATEK, Rosneft to multiply cargo shipments along the NSR in the next 10 years

09 february 2024

The Arctic has recently attracted increasing attention from the world's leading powers. This is the world's weather «kitchen», the pantry of natural resources, the shortest sea route between Asia and Europe and the shortest air route between the American continent and Eurasia.