ALROSA sells large rough diamonds in Vladivostok for $12.6 mln

ALROSA, the world's largest diamond mining company, has sold special size rough diamonds (over 10.8 carats) at the auction in Vladivostok.

21 september 2018

CTF and GIA launch digital grading reports using blockchain technology

Chow Tai Fook Jewellery Group and GIA (Gemological Institute of America), formally launched a collaboration project in Hong Kong to use blockchain technology for delivering secure, digital diamond grading reports to consumers for the first time...

21 september 2018

BlueRock narrows H1 losses as grades improve at Kareevlei

BlueRock Diamonds reduced its loss for the first half of the year to £789,000 from a £1.3 million loss, a year earlier as average grades and production improved at its Kareevlei mine in South Africa.

21 september 2018

Zim says diamond policy ‘imminent’

BlueRock Diamonds reduced its loss for the first half of the year to £789,000 from a £1.3 million loss, a year earlier as average grades and production improved at its Kareevlei mine in South Africa.

21 september 2018

AGD DIAMONDS enters international diamond market

JSC Arkhangelskgeoldobycha was officially renamed into JSC AGD DIAMONDS, according to the company’s press statement distributed on Wednesday. The change in the corporate name of the joint-stock company was due to its new marketing policy and the brand’s...

20 september 2018

The 4th Industrial Revolution: How Mining Companies Are Using AI, Machine Learning And Robots

14 september 2018

(forbes.com) - In an industry such as mining where improving efficiency and productivity is crucial to profitability, even small improvements in yields, speed and efficiency can make an extraordinary impact. Mining companies basically produce interchangeable commodities. The mining industry employs a modest amount of individuals—just 670,000 Americans are employed in the quarrying, mining and extraction sector—but it indirectly impacts nearly every other industry since it provides the raw materials for virtually every other aspect of the economy. It's already been 10 years since the British/Australian mining company Rio Tinto began to use fully autonomous haul trucks, but they haven’t stopped there. Here are just a few ways Rio Tinto and other mining companies are preparing for the 4th industrial revolutions by creating intelligent mining operations.