January 23, 2018

Alrosa inks long-term diamond supply deals with 67 clients

Miner aims at selling around 40 million carats of diamonds in 2018 provided market conditions are favourable.

January 22, 2018

Aurubis buys Codelco’s shares in Deutsche Giessdraht

The parties have agreed not to release the transaction price.

January 22, 2018

Irish diamond miner to expand in Finland

Karelian Diamond Resources was granted a four-year exploration claim in the Kaavi region.

January 22, 2018

Gem Diamonds on a roll, now finds 149-carat rock

The 149-carat, D colour, Type IIa rough diamond is the fourth high quality stone of over 100 carats the company has recovered so far this year at its Letšeng mine.

January 21, 2018

Gold mine collapse in Uzbekistan kills one, about 20 trapped

A collapse at an abandoned gold mine in Uzbekistan has resulted in one death and roughly 20 trapped underground.

January 21, 2018

Lloyd’s of London to divest from coal over climate change

Lloyd’s of London, the world’s oldest insurance market, has become the latest financial firm to announce that it plans to stop investing in coal companies.

January 19, 2018

2017’s worst-returning precious metal becomes hedge fund darling

After lagging behind other precious metals last year, platinum is finally outperforming, and hedge funds are taking notice.

January 19, 2018

Russia’s Polyus launches $250m bond offering

The offering is for senior unsecured guaranteed convertible bonds with maturity of January 2021, expected to carry a coupon of between .5 and 1 pct per annum.

January 19, 2018

Bond market bear creating gold bull

Currently, there's a lot of good news for gold which thrives on the spectre of high government debt leading to more money-printing and inflation.

January 18, 2018

Platinum miner Lonmin’s lenders relax loan agreements again

Lonmin's lenders had granted the company a waiver of compliance with a loan agreement that required its net worth to remain at a minimum of $1.1 billion.