UAE gold jewellery demand shows recovery after lockdown

After almost a year of lockdown and strict restrictions due to the COVID-19 pandemic, UAE’s gold jewellery demand is now witnessing recovery compared to the same period last year.

Today

Zim steel manufacturers back chrome ore export ban

The steel manufacturing sector in Zimbabwe has backed the government’s decision to ban the export of chrome ore as this will help them secure ferrochrome at lower prices. Harare announced the chrome ore and chrome concentrate export ban in August last...

Today

The head of Yakutia advocates the construction of an underground mine at Yubileinaya

The head of Yakutia, Aisen Nikolaev spoke in favor of building an underground mine at the Yubileinaya diamond pipe located 30 km northwest of the village of Aikhal, in an interview with Interfax during the Gaidar Economic Forum held last week in Russia...

Today

Zim gold output up 55% in 2021

Gold deliveries to Fidelity Printers and Refiners rose by 55% in 2021 to over 29 tonnes compared to 19 tonnes, a year earlier, according to the Reserve Bank of Zimbabwe (RBZ). The central bank governor John Mangudya said large gold miners...

Today

Geologists will start prospecting for diamonds in the north of Krasnoyarsk Territory in Russia in an area with resource potential of 150 million carats

The Ministry of Ecology and Rational Nature Management of the Krasnoyarsk Territory and ALROSA signed an agreement to explore promising diamond-bearing areas in the Evenk District in the north of the Krasnoyarsk Territory, the resource potential of which...

14 january 2022

How COVID-19 Impacted the Diamond Industry?

12 january 2022

(econotimes.com) - Companies throughout the world have been impacted because of the limits and other steps that had to be implemented due to the Coronavirus pandemic. The diamond industry, as has been reported widely, was not immune to these detrimental consequences. Worse, the pandemic is likely to have far-reaching implications for our industry, communities, and partners for many years to come.