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
Top 10 Issues for 2015 - #5. The New Consumer
12 october 2015
(Janos Consultants) - Well, the summer break is over, and we are facing a Fall season that does not seem to have much momentum. Last time, I wrote about retailers' issues, though there is much more one can say on that subject. Now, let's think about the consumers. Where are they? Who are they? And will they show up this season?
Historical Diamonds: Kohinoor
09 october 2015
A few months ago, we had featured in our News Column about the British MP’s demand for the Kohinoor diamond to be returned to India, which had evinced keen interest among readers. Here, we bring some fascinating facts about the Kohinoor diamond that is passionately discussed and debated until today, as to who is the rightful owner of this famous diamond.
South Africa: A Closer Look at the Diamond Industry
08 october 2015
(ehudlaniado.com) - When most people hear about diamond mining, they think of South Africa, where diamonds were discovered in 1866 in the Kimberley region. A 15-year-old boy discovered the now-famous 21.25-carat Eureka Diamond on a farm on the banks of the Orange River. That discovery set off a staking rush and power struggle that led to the formation of De Beers Consolidated Mines Limited. De Beers consolidated the many mining licenses that had been granted in the region, established South Africa as the world’s premier supplier of diamonds for decades to come and gave rise to the modern diamond industry.
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.
Market misery fetters Botswana ambitions
06 october 2015
(miningmx.com) – Botswana is regularly held up as an African success story because of its political and economic stability, a multi-party democracy and good human rights records. It has also had the benefit of spectacular diamond deposits, the revenue from which has been poured into social development.But its overweight reliance on diamonds means that Botswana is especially vulnerable to resources shocks.
