Botswana flags synthetic gem threat ahead of $6 billion diamond project launch
The natural diamond market has struggled in the past two years due to rising consumer demand for cheaper lab-grown diamonds.
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Mining M&A slips as firms lawyer-up to fight regulators
The value of deals in the industry declined 12.5% to $74.2 billion this year.
Endeavour Mining invests in Côte d’Ivoire exploration projects
Endeavour has taken up a 12.39% equity stake in private explorer Koulou Gold.
China’s silver imports set to jump as solar demand lifts prices
Chinese imports have already been strong in recent months.
Copper traders get reprieve as historic New York squeeze eases
“With physical markets still tight, further squeezes are possible, so CME may not be out of the woods yet,” said Bank of America.
Mongolia defends plan to tap mining riches for new sovereign wealth fund
Mining represented 28% of Mongolia’s GDP last year and comprised 92% of all exports.
Indonesia buying record amounts of Philippine nickel ore due to quota delays
Delays by Jakarta in issuing mining quotas and heavy rains have hurt local supply.
China 2024 rare earths quota growth set to slow amid supply glut
The quota is likely to reach 270,000 metric tons for all of 2024.
India imports more silver in 4 months than in all of 2023
India imported a record 4,172 metric tons of silver during January to April.
