Global rough diamond production about to reach its peak
Global rough diamond production will reach its peak in only three years before entering into a supply deficit by 2020, two separate reports show.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Rio Tinto says halt of copper shipments from Oyu Tolgoi ‘a bump in the road’
Chief executive Jean-Sebastian Jacques comments come as the company had to suspend shipments from the Mongolian mine last week.
Barrick Gold brings in new director to regain strength in Latin America
The gold producer said the region will play an increasingly important role in its growth strategy.
Chinese-Korean group to build $2 billion lithium batteries plant in Chile
Based on the conglomerate's estimates, opening such plant would increase value of the product 35 times, comparing to what it could be obtained by just selling it as lithium carbonate.
De Beers facing legal action over mercury monitoring at Victor mine
Suit claims company failed to report mercury levels at five of nine water monitoring stations near Victor mine.
Alrosa diamond sales picked up in November
The company's total diamond sales last month amounted to $255.2 million, 63% higher than in November last year.
De Beers invests $5 million to expand India’s diamond grading unit
Move takes the group’s total investment in the Indian city of Surat, which has the largest concentration of diamond skilled workers in the world, to $15 million.
Glencore becomes sole owner of Newlands, Collinsville coal mines in Australia
After buying ought out its two Japanese partners, Itochu Corp and Sumitomo Corp.
New Islamic banking rules make gold an accepted investment
Transactions must be fully backed by physical metal and settled on the same day to observe Islam's distinction between real economic activity and speculation.
Gold’s slim price recovery this year boosts supply fears
Situation has worsened as a result of a shortage of new discoveries, cost cutting measures and miners digging out higher-grade material for a short-term gain, say experts.
How 2026 will reshape the US critical mineral resilience
Emerging federal activity shows two key themes: growing support for high-risk minerals and renewed focus on domestic processing technologies.
