News
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
Kyrgyzstan begun construction of a $556 million gold mining complex
The project is being implemented by Chaarat ZAAV, a joint venture between Canada’s Silvercorp Metals (70 %) and the state owned Kyrgyzaltyn (30 %). According to Silvercorp Metals’ calculations, once it reaches its design capacity, the enterprise will...
Yesterday
Keeping Diamonds Relevant
09 november 2015
(ehudlaniado.com) - Consumers continue to buy diamonds. The allure of diamonds as a romantic gift and a status symbol remain firmly rooted. However, consumers are inundated with choices in the marketplace, and a new generation of consumers is changing the way companies do business. The industry must adapt quickly or risk diamonds becoming viewed as a redundant extravagance, as they were at other times in the past.
The Awakening of Diamonds in China
06 november 2015
(ehudlaniado.com) - China, among the most ancient nations on earth, has one of the oldest jewelry industries in the world. However it is a relative newcomer to diamonds and the diamond industry as a center.
The Diamond’s Place in the Consumer’s Heart
05 november 2015
(ehudlaniado.com) - Diamonds are widely viewed as the premier gift to celebrate the love between two people. Diamonds signify eternal commitment, and have been immortalized for decades in books, songs and movies. Diamonds have even evolved to the point where individuals routinely purchase them as indulgence gifts for themselves to signify achievement and status. But how did this happen? Why have diamonds achieved such illustrious status among the myriad luxury gifts available in the marketplace? Why do 4 out of every 5 brides now receive a diamond engagement ring before saying “I do”?
Glut of cheap debt giving miners heartburn
03 november 2015
(miningmx.com) - AT the time Ivan Glasenberg’s Glencore was linked with a takeover bid for Rio Tinto, in July 2014, the South African mining magnate was worth about R70bn, and riding the proverbial crest. The recent selling of Glencore’s stock, however, has reduced Glasenberg’s wealth to only R16.4bn, representing his 8% share of the R205bn at which Glencore is valued at the time of writing, and very far from the R880bn at which it was once valued. It now has a value of about R345bn. What this tells us is how quickly investors are changing the mining market.
Waddling Forward, Will Sight 9 Total Less than $100 Million?
02 november 2015
(edahngolan.com) - A quick note before Sight 9 – it’s going to be small, but it will take place. De Beers is adapting to the market, or as some may say, they are playing it by ear. The company is trying to meet the changing needs of its clients. Sadly, these changing needs seem mostly like detrition. According to one definition, detrition means a wearing away by friction. This seems to size up the current situation aptly. Manufacturers are worn down by the past year’s uphill battle to keep their business running. This process is not simple and like everyone else in the market, miners have to adapt as well.
