May 19, 2023

Gem trader HB Antwerp eyes African diamonds after Botswana pact

The firm is looking for potential deals to process rough diamonds in countries including Namibia, South Africa, Lesotho and the DRC.

May 19, 2023

G-7 to chase Russia’s diamonds while stopping short of total ban

Earlier attempts to sanction Russian gems in Europe have met resistance from importer nations like Belgium.

May 19, 2023

Half of the coal-fired power plants announced worldwide unlikely to be built — study

A study by Mercator found that 50% of the coal-fired power plants that were planned to come online in the next few years will fail to do so.

May 18, 2023

Ultra-rare Bulgari Laguna Blu diamond sells for $25 million

The exceptional blue diamond found a buyer after a four-minute bidding battle between three telephone bidders and one bidder in the room.

May 18, 2023

G7 to discuss diamond trade with future Russia sanctions in mind – EU official

Poland in April presented a proposal for a new set of sanctions on Russia for waging war against Ukraine, including oil and diamond imports.

May 18, 2023

Pembridge Resources in trading halt as it seeks liquidation

The miner, whose shares collapsed this week on the closure of its Minto copper-gold mine in Canada, has engaged insolvency advisers.

May 18, 2023

Scientists purify uranium-laden water using magnetic bacteria

Magnetotactic bacteria can accumulate dissolved heavy metal in their cell walls.

May 17, 2023

EU nears critical materials agreements with Argentina and Chile

Preliminary memorandums of understanding could be signed during the next four months, according to the European Commission.

May 17, 2023

UK’s first centre for rare earth magnet recycling to open in Birmingham

Scale-up and roll-out of technology first piloted at the University of Birmingham forms the basis for the UK’s first full scale remanufacturing facility for rare earth magnets.

May 17, 2023

De Beers mergers two auctions after sales disappoint

It sold $480 million worth of rough diamonds in the period between May 1 and May 16, 21% less than in the same cycle of 2022.