The Responsible Mining Index, launched in Geneva on Wednesday, assesses the policies and practices of 30 large companies that produce 25 percent of mined commodities, from gold to copper and coal, operating in more than 40 countries.
Diamond Mining News
Petra Diamonds said it has finalised an agreement with its lenders for a waiver of its December 2017 debt covenant and a resetting of debt agreements.
Alrosa's total diamond sales in the first quarter 2018 amounted to $1.606 billion, the company said.
The second largest ever private equity fund focused on mining closed in the first quarter – 13 funds aim to raise a further $4.9 billion in 2018.
Two flawless white diamonds each weighing in at more than 50 carats are expected to fetch more than $15 million when Sotheby's auctions them in May.
The Farnese Blue, passed down through European royalty, goes on sale for first time as part of a Sotheby’s auction to be held in Geneva, on May 15.
"The church but the entire world is worried about the environmental degradation that unregulated mining activities are causing in the Bolívar and Amazonas states."
Debswana, the joint venture between De Beers and the Botswana’s government, is seeking permission to deepen the Jwaneng mine to 830 meters.
Move aims at boosting investment and local ownership of the country's vast mineral resources.
South African engineering and construction group, currently subject of a takeover bid from Germany’s ATON, said projects were located in sub-Saharan Africa, North America and Australasia.
“The recovery of micro-diamonds is extraordinary," said Lithoquest's President and CEO.
North Arrow Minerals wants to focus on finding high-value orange-yellow rocks.
The Northwest Territories and Nunavut, two of the three regions with the lowest income per capita, will see exploration investment to drop again in 2018, Natural Resources Canada says.
The diamond business has been one of the first to embrace blockchain technology wholeheartedly.
Debswana expects growth this year as lower taxes in the US leave consumers with more to spend on luxury goods.
The microwave version of lasers could now be used more widely in a range of applications.
The blue Nassak, also called ‘Eye of Lord Shiva,’ is a 43.38-carat diamond.
The royal tradition of using a wedding band of Welsh gold started nearly 100 years ago.
With few exceptions, no one knew about this gem's existence.
De Beers Group today announced that its Forevermark diamond brand will enter the German market for the first time after signing with an exclusive licensee partner, and is in advanced-stage discussions with potential partners in France and Italy.
Early output of 1,720 carats of emeralds, including 826 carats of top quality ones, was achieved through a bulk-sampling program carried out within eight weeks of the completing the acquisition of the mine
The portable machine screens polished diamonds and jewellery, identifying synthetics as well as treated stones.
The discount of gem-quality lab-created diamonds relative to natural diamonds has doubled from 11-20% a year ago to 28-40% today.
Moti Group is preparing to double its investments in Zimbabwe to $500 million after the removal of Robert Mugabe as president in November.
The mpowerment laws now limit majority ownership by state miners only to the diamond and platinum sectors, as oppose to the entire mining sector.