Analytics
Mining companies and indigenous peoples – mutually beneficial partnership
The ninth of August is celebrated under the auspices of the United Nations as the International Day of the World's Indigenous Peoples. On our planet, there are more than 200 million people belonging to aboriginal peoples and ethnic groups. Today...
08 august 2022
Russia in the global market of coloured jewellery stones: what is at stake
According to Decree of the President of the Russian Federation No. 1203 dated November 30, 1995, consolidated information about Russian exports and imports of precious stones, except for natural rough diamonds, is classified as a state secret. Thus...
01 august 2022
Expert reports
Investors remain ‘cautiously optimistic’ about platinum’s future
(miningweekly.com) - Platinum and palladium prices have been heavily influenced by high inflation this year, with financial markets remaining concerned about higher interest rates and real rates of growth. Research and consultancy company CPM Group on July 27 presented a...
12 august 2022
Nornickel to build new transportation routes to ease logistic challenges
(helsinkitimes.fi) - Russia's Norilsk Nickel has pondered an alternative to European transport routes to sea routes across the Arctic Ocean and the development of ports in Africa. One of the largest producers of nickel, copper and other metals in the world, Russian Norilsk...
11 august 2022
The history of Australian diamonds is a story of stock-market booms and battles
(themandarin.com.au) - The search for diamonds in the Kimberley followed hard on the heels of Australia’s notorious Poseidon boom, in which nickel explorer Poseidon NL’s share price rose from 50 cents to an extraordinary $280. That rise also lifted other mining stocks. Chancers...
10 august 2022
News
Nornickel’s shareholders reduce the company’s authorized capital
12 august 2022
Nornickel announced that today its shareholders taking part in the Extraordinary General Meeting approved the reduction of the company’s authorized capital by RUB 791,227 to RUB 152,863,397 cancelling 791,227 repurchased ordinary shares with par value of RUB 1.
DMCC to support JGT Dubai 2023 as its official partner
12 august 2022
DMCC has announced that it will support Jewellery, Gem & Technology Dubai (JGT Dubai) as the official partner of its second edition to be held in February 2023.
Lucara boosts H1 revenue as strong diamond market continues
12 august 2022
Lucara Diamond realised revenue of $120.5 million from its Karowe mine, in Botswana during the first half of 2022 compared to $99.4 million, a year earlier. It said strong rough and polished diamond market fundamentals continued, despite growing global economic uncertainties.
Jubilee completes £58m investment to expand PGM, copper, cobalt operational footprint
12 august 2022
Jubilee Metals has completed its £58 million investment programme in South Africa and Zambia that has reshaped the company and provided expanded production across PGMs, chrome, copper and cobalt. It said the investment also laid the platform for the expected growth during the full fiscal year 2023 period.
Mountain Province Diamonds announces 2Q results
12 august 2022
Mountain Province Diamonds Inc. announced its operating and financial results for the second quarter ended June 30, 2022.
Massive treasure hunt in progress as ice vanishes in Greenland
11 august 2022
As the climate crisis is melting Greenland down at an unprecedented rate, it is creating an opportunity for investors and mining companies who are searching for a trove of critical minerals capable of powering the green energy transition, according to CNN.
ALROSA announces fulfilment of its Eurobond obligations
11 august 2022
ALROSA said that the Coupon payments on two Note issues of Eurobonds were made in Russian roubles.
Xtra-Gold produces 1098oz of gold in H1
11 august 2022
ASX-listed gold explorer Xtra-Gold produced 1 098 ounces of gold in the first half of the year from its operations in Ghana. The company sold 1 162 fine ounces at an average price of $1 928 per ounce, which helped boost the company’s cash on hand to $5.7 million from $4.7 million at the end of 2021.
Exclusive
“We help our clients take on a future that is full of unknown challenges, yet brimming with opportunities,” says Rajesh Shah, Partner, Venus Jewel
Rajesh Shah has been a partner of Venus Jewel since joining the firm in 1985 with a deep focus on business development and sales. Working with his elder cousin Anil and his younger brother Hitesh, he has made the ongoing development of Venus Grading...
08 august 2022
“Soaring inflation, reduced disposable income, consumers’ ability to purchase will be the scenario,” warns Antonio Cecere, President, Geneva Diamond Exchange
Antonio Cecere is the Managing Director of Cecere Group which operates in the diamonds and luxury goods sector, and it includes Cecere Monaco, an alternative investment boutique firm specializing in diamonds, Regina Monte Carlo, a fashion jewellery brand...
01 august 2022
Botswana leads in providing financial incentives for diamond exploration – Campbell
Botswana, which is one of the top diamond producers in the world, continues to provide legal certainty and financial incentives for diamond exploration and mine development, according to James Campbell, the managing director of Botswana Diamonds. He...
25 july 2022
“The future of real diamonds is greater than ever” asserts Leibish Polnauer, Founder- President, Leibish & Co
Way back in the year 1979, young Leibish Polnauer, then a diamond polisher, travelled to London only to find the factory at which he worked had been shut down. But, luckily he found an advertisement from the royal crown jeweler Garrard‘s seeking a 6-carat...
04 july 2022
Diamond prices remain steady despite sanctions imposed against ALROSA -Zimnisky
Sanctions imposed against ALROSA only resulted in the smaller gem and near-gem quality goods outperforming other categories in recent months, according to an independent diamond analyst Paul Zimnisky. He told Rough&Polished’s Mathew Nyaungwa in an exclusive...
27 june 2022
