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.

Today

Israel’s diamond sector poised for revival following tax reforms and De Beers comeback

De Beers, one of the world's major diamond market players, has announced the resumption of its operations in Israel after a nine-year absence, which became the latest sign of revival of the diamond industry in the country.

Today

Kefi Gold and Copper restarts Tulu Kapi development after safety review

Kefi Gold and Copper has resumed development at its Tulu Kapi gold project in Ethiopia following a suspension that began on September 7 after a serious safety incident three days earlier.

Today

Nornickel implements smart melt monitoring system

Norilsk Nickel has installed a smart melt monitoring system at its metallurgical plant in Norilsk in collaboration with Reksoft. The system uses computer vision to assist the converter operator in identifying phases during the tapping process.

Today

ALROSA to help amplify Arctic agenda at UN

In preparation for the 31st UN Climate Change Conference (COP31), ALROSA experts and other stakeholders from Russia discussed a unified approach to strengthening the country’s position and the Arctic agenda at UN climate conferences.

Today

Green hydrogen produced with near 100% efficiency using seawater

16 february 2023

(cosmosmagazine.com) - Adelaide University leads research that avoids use of ever-depleting freshwater sources. It’s not quite splitting the Red Sea, but new research into splitting seawater to produce hydrogen may be a scientific miracle that puts us on a path to replacing fossil fuels with the environmentally-friendly alternative.

Botswana prepared to “walk away” from diamond talks with De Beers

15 february 2023

(miningmx.com) - Botswana would be prepared to walk away from negotiations with De Beers regarding the renewal of a diamond sales agreement, said Bloomberg News. Citing comments made by Botswana president Mokgweetsi Masisi, the newswire said the negotiations were like “shaking a giant”. “These are our diamonds, and we want a larger share for us, but through negotiations,” Masisi said. “If it gets difficult and talks fail, we will have to say, ‘Let’s go our separate ways.'”

Dear IDMA members and industry colleagues!

15 february 2023

(myemail.constantcontact.com) - For those of you who missed it, Martin Rapaport published his New Year’s message on January 17. In his article, Mr. Rapaport elected to ‘rant’ – as my colleague Gary Roskin characterized it - exclusively about the threat of synthetic or lab-grown diamonds (LGDs) to the gem and jewelry supply chain and the lack of disclosure regarding the value retention of LGDs to the end-consumer.

SA gold miners at most risk of early closures, job losses as loadshedding crisis unfolds

15 february 2023

(miningmx.com) - While Eskom loadshedding hurts all mining activity in South Africa, it’s the marginal businesses such as gold mining where the damage is the greater. That’s the view of analysts writing on the country’s unfolding energy crisis who say that gold miners with depleting resources are most affected.

Vladimir Masloboev: Russia has technologies for producing high-purity lithium

14 february 2023

(goarctic.ru) - Polar Lithium LLC, a joint venture between Norilsk Nickel and Atomredmetzoloto (the mining division of Rosatom), received in February 2023 a license to develop the Kolmozerskoye lithium deposit located in the Murmansk Province. And Deputy Prime Minister - Minister of Industry and Trade Denis Manturov said that "the development of the field will give impetus to the creation of a new industry for the production of domestic batteries, high-tech products for the nuclear industry, the space industry, transport, and activities in the Arctic zone of Russia."