Botswana, De Beers extend sales agreement for the third time running

The Government of the Republic of Botswana and De Beers Group have extended their existing agreement for the sale of Debswana’s rough diamond production by 12 months until 30 June 2023.

Today

The G7 failed to make final decision on Russian gold imports

European Council President Charles Michel and German Chancellor Olaf Scholz said at the G7 summit that the issue of a ban on Russian gold imports should be discussed further.

Today

Anglo American invests in Sanergy, a pioneering organic waste upcycling business

Anglo American has agreed to lead the latest investment round of Sanergy Inc, an organic waste upcycling business with operations in Kenya. Sanergy’s innovative solutions are helping to transform how fast-growing cities in the developing world manage...

Today

AWDC Board appoints new President

The Antwerp World Diamond Centre (AWDC), the industry organization representing Antwerp’s 1600 diamond companies and service providers, has appointed David Gotlib as its new President, replacing outgoing President Chaim Pluczenik. The Board also...

Yesterday

VDB Is First to Launch JBT’s Inaugural API

Virtual Diamond Boutique, the industry’s leading technology partner and largest virtual marketplace, announced a unique new partnership with the Jewelers Board of Trade® (JBT), the industry’s premiere resource for jewelry business and credit...

Yesterday

Nornickel Harjavalta Unveils Nickel Expansion Project at Public Event

16 june 2022
(finlandtoday.fi) - The recent event, held in Harjavalta Hall, was part of the environmental impact assessment process. In practice, the company is increasing its production in two parts. Over the next year, nickel production is expected to increase from 60,000 tons to just under 75,000 tons per year. Under the company’s current environmental permit, the annual nickel production is limited to 90,000 tons. The company aims to increase annual nickel production to more than 100,000 tons by 2026. This will require a new environmental permit from the authorities. By expanding production, Nornickel Harjavalta will meet the raw material needs of the growing battery industry. Locally, the company’s most important customer in the battery industry is planned to be BASF Battery Materials Finland Oy. The battery industry in particular needs nickel sulfate and cobalt sulfate produced by Nornickel Harjavalta, says Joni Hautojärvi, the company’s CEO. The expansion will bring 10–20 new jobs to the area.