Lab-grown gems put squeeze on diamond mining industry
Cheap man-made diamonds are making life harder for miners, flooding the market with gems nearly indistinguishable from natural ones.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Gem Diamonds to cut jobs, salaries amid industry crisis
It plans to reduce operating costs by $1.4-$1.6 million monthly and cut 20% of it workforce at its Letšeng mine in Lesotho.
Glencore workers brace for layoffs on looming Mount Isa shutdown
In an internal memo, Glencore confirmed it is set to shut its final two copper mines in Mount Isa unless the government steps in.
Mali judge rejects Barrick appeal to free detained employees
Court ruling deepens the high-stakes standoff between Barrick and Mali's military-led government.
TIMELINE: Barrick’s dispute with Mali’s junta
Barrick and Mali’s government remain locked in a standoff over taxes, gold exports, and mine ownership.
AVZ slams Congo-KoBold deal over disputed lithium project
AVZ claims a new US-backed partnership on the Manono lithium and tin deposit clashes with an arbitration ruling.
BHP delays Jansen potash mine, blows budget by 30%
BHP plans to spend $7B-$7.4B on the mine's first phase, up from $5.7B, with initial production a full year behind schedule.
SolGold to start mining copper from Cascabel in early 2028
The Cascabel copper-gold project in northern Ecuador will begin production three to four years ahead of its original schedule.
BHP shelved ‘urgent’ Pilbara climate plans: reports
Leaked documents reveal delays in climate projects in Western Australia despite internal warnings about reputational risks.