Elite diamond-buying club shrinks as De Beers culls old clients De Beers has cut off some of its long-term diamond buyers, marking one of the biggest shakeups in the way the miner sells gems. Bloomberg News | January 13, 2021 | 12:04 pm
Gran Colombia’s Segovia continues to deliver with over 220,000 oz gold in 2020 In 2019, the company produced a total of 239,991 oz gold, including 214,241 oz of gold from Segovia. Canadian Mining Journal Staff | January 13, 2021 | 11:25 am
Rhodium price roars above $20,000 in precious metals’ biggest rally Rhodium, used in engine exhausts to neutralize harmful nitrous oxides, has been in deficit for most of the last decade. Reuters | January 13, 2021 | 11:20 am
Copper Fox shares up on Van Dyke PEA Company announced results from an Preliminary Economic Assessment for its copper project in Arizona. MINING.COM Staff Writer | January 13, 2021 | 10:56 am
Gem Diamonds’ Letšeng stays open during Lesotho lockdown The country is going into a 14-day lockdown from midnight on Thursday. Cecilia Jamasmie | January 13, 2021 | 10:05 am
ALROSA’s diamond sales drop 16% in 2020 Company's sales of rough and polished diamonds totaled $2,802 million. Bruno Venditti | January 13, 2021 | 10:01 am
Gold-backed ETFs end record 2020 with second month of outflows ETFs grew their holdings by 876 tonnes in 2020 - equivalent to around a quarter of the annual output of the world's gold mines. Reuters | January 13, 2021 | 9:20 am
K92 achieves record annual, quarterly production The miner reached record annual production of 98,872 oz AuEq at its Kainantu mine in Papua New Guinea. MINING.COM Staff Writer | January 13, 2021 | 9:16 am
Indebted Zambia pays $400m in VAT refunds to mining firms Africa’s second-largest copper producer is negotiating with creditors to try to get debt relief, after it defaulted on a $42.5 million coupon in November. Reuters | January 13, 2021 | 9:07 am