Âme’s Manhattan boutique is continental winner of Prix Versailles 2021 in the Special Prize Interior in the Shops & Stores category for North America

The Secretariat of the Prix Versailles 2021 announced earlier this month that the Manhattan boutique of Âme was awarded the Special Prize Interior in the Shops & Stores category for North America. Âme is among the 70 continental winners of the Prix Versailles...

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B2Gold eyes gold assets in Zimbabwe

B2Gold, which owns mines in Africa and Asia, has shown interest in acquiring gold assets in Zimbabwe, according to media reports. Bloomberg quoted the chief executive of the Canadian company Clive Johnson as saying that it held talks with Harare “to...

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Rough diamond prices up 10% on supply concerns

The surge in diamond prices coupled with a possible supply-side constraint has sparked concerns among the diamond exporters of Surat and Mumbai, as they have robust orders in hand from the US, China and the Far East, according to a report in Economic...

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Expert sees low grade, but profitable kimberlites in Angola

A diamond consultant has said that any company willing to mine diamonds in Angola should be prepared to get low grades, but profitable kimberlites. “There is nothing to worry about as the low grades are mainly Type 2 diamonds,” SRK Consulting Canada’s...

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Christie's Jewels Online: The London Edit results

Christie's Jewels Online: The London Edit (12 to 26 November) realised a total of £4,230,250/$5,655,844/€4,936,702.  The top lots of the sale were a Fancy Vivid Blue Diamond of 1.02 carat, which achieved £400,000/$534,800/€466,800...

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Carbon emission plans could cost SA’s gold, PGM miners up to 20% of market value

25 october 2021

(miningmx.com) - The cost of cutting carbon emissions for South Africa’s precious metal mining companies could be as much as 20% of their market capitalisation. This is according to a report by Nedbank Securities analyst Arnold van Graan who assumed a 30% carbon emission reduction target over 10 years. Van Graan added that while carbon emission abatement had become a business imperative, it had also “… started to impact the investment case of the companies we cover”. Firms included in the analysis were Sibanye-Stillwater, Gold Fields, Anglo American Platinum and AngloGold Ashanti. Companies have typically targeted a reduction in carbon emissions of 10% to 30% by 2030.