Platinum-group metals price hit due to stagnant auto production

The shortage of semiconductors is negatively affecting the price of platinum-group metals as investors brace for a long-lasting hit to car production.

Today

Zimbabwe security forces arrest 72 illegal diamond miners

Zimbabwe Republic Police and the Zimbabwe National Army (ZNA) arrested at least 72 illegal diamond miners in a joint operation to remove hundreds of artisanal miners who invaded the Charleswood Estate in Chimanimani in search of alluvial diamonds...

Today

Earthquake halts operations at Victorian gold mine

Australia’s White Rock Minerals has suspended underground operations at its Woods Point gold project after an earthquake struck near Mansfield in Victoria. The earthquake struck at 9:15 am on 22 September occurring 10 kilometres beneath the surface at...

Today

DMCC announces Ambassadors of WDC’s System of Warranties

DMCC has announced that its Executive Chairman and Chief Executive Officer, Ahmed Bin Sulayem, and its Special Advisor - Precious Stones, Dr Martin Leake, have been appointed as ambassadors of the World Diamond Council’s (WDC) updated SoW initiative...

Yesterday

WDC launchеd an upgraded and expanded System of Warranties

The World Diamond Council (WDC) has marked the 40th anniversary of the establishment by the United Nations of the International Day of Peace with the official public launch of its upgraded System of Warranties (SoW).

Yesterday

Diamond manufacturing hub begins to re-open

15 june 2020

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Image credit: KGK Group

(northernminer.com) - After being closed for almost two months due to the coronavirus pandemic, the diamond manufacturing hub of Surat, India, where most of the world’s rough diamonds are cut and polished, reopened in a more formal, but limited, capacity on May 20. However, a ramp-up in business to pre-pandemic levels could take months as many industry workers left the city to return home to rural villages in March, April and May due to a lack of work amidst the lockdown. As of June, the larger manufacturers that have resumed business are operating with an estimated workforce of less than 50%.