News
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
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.
Yesterday
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.
Yesterday
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.
Yesterday
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.
Yesterday
Sibanye-Stillwater to be more circumspect of M&A following rocketing metal prices
08 september 2022
(miningmx.com) - Sibanye-Stillwater has taken a circumspect approach to merger and acquisition activity following an increase in battery metal prices, said CEO Neal Froneman. Commenting in the group’s interim results announcement, Froneman said that “the significant increase in battery metal prices since early 2021 has required a more cautious approach to M&A growth”.
What Kimberley Process Certification Does—And Doesn’t—Guarantee
07 september 2022
(jckonline.com) - Despite calls from the Ukraine’s KP rep and a handful of Western countries to label Russian diamonds as “conflict,” the certification scheme declined even to take up the matter at its June intersessional in Gaborone, Botswana. While substantive action on that topic was never expected, the KP’s generally static nature has led normally supportive governments to question its continued relevance. At the Initiatives in Arts and Culture’s gold and diamond conference, held July 18–20 in New York City, I spoke with World Diamond Council (WDC) president Edward Asscher (pictured) about that and related issues. The WDC represents the industry in front of the KP. Not everyone will agree with what Asscher—or I—say here. While Asscher is far less of a KP skeptic than I am, we both agreed that it only guarantees certain things, and concerned companies should look beyond its rather limited scope. And his mention of a possible “KP 2” was surprising.
Building materials for the visitor center and equipment for processing the gifts of the tundra - in Taimyr
06 september 2022
(porarctic.ru) - In early September, the barge with the Angara tugboat set off from the Valek pier to the Taimyr village of Ust-Avam. The barge is carrying a new batch of building materials for the visitor center and two refrigerated units for the needs of the local community to store deer meat, fish and wild plants.
Froneman calls on Govt to provide military support in effort to stem scourge of ‘zama-zamas’
06 september 2022
(miningmx.com) - Neal Froneman, CEO of Sibanye-Stillwater said today that the increased incidence of illegal mining in South Africa, perpetrated by people referred to locally as ‘zama-zamas’, required the support of the country’s military. “It is a tremendous problem. It is very unfortunate that it’s a problem that only gets recognised for the reasons of some young girls being raped. That’s a tragic incident in its own right,” he said. There was a national outcry after it emerged that eight models were raped on July 28 when a television crew filming a music video at a mine dump near Krugersdorp, west of Johannesburg, was attacked by heavily armed men. A mob subsequently attacked alleged illegal miners with machetes, golf clubs and hammers following the incident. South Africa’s Police Services appeared helpless to intervene throughout.
Sergey Ivanov: It will take at least another 10 years to clean up our Arctic
05 september 2022
The Special Representative of the President of the Russian Federation for Environmental Protection, Ecology and Transport Sergey Ivanov in an interview with Interfax spoke about the waste disposal program in the Arctic, the development of the Northern Sea Route and ecotourism problems.
