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Russian diamond producer Alrosa on Thursday announced strong rough and polished diamond sales, which not only shot past the Covid-hit 2020 levels, but also came in substantially higher than sales in pre-pandemic 2019. Alrosa reported total sales of $4.17-billion, including rough diamond sales of $3.98-billion and polished sales of $192-million, for 2021. This translates to […]

Barrick Gold Corp and Rio Tinto Group have expressed interest in Nigeria’s largely untapped mining sector, according to the West African nation’s mining minister. “They are looking at the possibility of coming to look at opportunities in Nigeria,” Olamilekan Adegbite said in an interview at a mining conference in Saudi Arabia’s capital, Riyadh. Africa’s biggest […]

Metals miner Tharisa achieved its best quarter on record for the quarter ended December 31, which is expected to see the company transform further, with the developments at its flagship asset, namely the integration of the Vulcan fine chrome recovery circuit at the Tharisa mine, enabling it to reach two-million tonnes a year of chrome […]

Canada, the world’s fourth-largest oil producer, can be a key global supplier for years to come providing it sticks to promises to sharply cut emissions, the International Energy Agency (IEA) said on Thursday. In its first review of Canada’s energy policies since 2015, the IEA said the country’s role as a major producer, consumer and […]

Diamond dealers are missing out on access to banking as financial institutions go overboard in their efforts to reduce risk, according to a European Union regulatory agency. The industry is one of several groups of customers that have struggled to open bank accounts and obtain other services, the European Banking Authority (EBA) said in a […]