Petra Diamonds rethinks sales tactics as market slump drags on
Due to changes in diamond prices and demand, Petra has stopped regular sales cycles and may delay them when needed.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Stausholm dismisses rift rumours as Rio opens $2B mine
The official opening of the Western Range iron ore mine may mark Jakob Stausholm’s final visit to the Pilbara in his role as Rio Tinto CEO.
Former De Beers CEOs circle diamond giant as sale nears
Anglo American has reportedly received buyer interest in De Beers from former bosses Gareth Penny and Bruce Cleaver.
Gemfields’ Montepuez leads, Kagem lags in 2024 payouts
The Montepuez ruby mine returned 24% of revenue to Mozambique, while Kagem emerald operation contributed only 9% to Zambia.
Abu Dhabi’s IRH buys controlling stake in Alphamin
International Resources Holding is buying a 56% stake in Alphamin to gain access to one of the world’s biggest tin mines.
Wheaton lands $4.3B BHP silver stream, enters Australia
Major deals in Peru and Australia expand production reach and secure long-term precious metals supply streams.