Alrosa says it expects to pay shareholders a dividend for the first half of 2023, as long as the diamond market remains stable. It marks a change in fortunes for the Russian state-controlled miner, which last paid a dividend at the end of 2021. Aisen Nikolaev, head of Yakutia, the republic where Alrosa is based, […]
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]]>America’s neighbor to the north will resume some sparkle in early 2021. Canada’s Ekati diamond mine, closed since March due to the pandemic, has been acquired and is set to restart operations by January 29, 2021. Nearly 60 furloughed workers have been recalled to prepare for the restart, operating with full COVID-19 prevention measured in […]
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]]>Initiatives in Art and Culture continues to celebrate the 10th anniversary year of its International Gold Conference in October with the virtual presentation of its award for Leadership in Responsible Practice in Jewelry, and panels exploring the evolution of responsible practice over the past 20 years. New York, NY. October 19, 2020. The more one […]
The post Virtual Event Gathers Industry Experts for Collaboration on Ethics and Sustainability in Gold and Diamond Enterprise, and Honors Anisa Kamadoli with its Award for Leadership in Responsibility Practice in Jewelry. appeared first on The Jewelry Magazine.
]]>ALROSA launched a tailings thickening complex at the processing facility N12 of Udachny mining and processing division. The project, which costs over RUB 3 billion, will significantly reduce water consumption and increase the efficiency of tailings storage, the waste rock left after kimberlite ore processing. Tailings thickening complex comprises of a pump system, a cyclone […]
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]]>China has been ranking FIRST both in gold production and gold consumption for consecutive 11 years, thus make China a huge market in the gold and precious metals field. At the same time, it is now a trend for mining companies to step out of the border as incited by China’s “One Belt and One […]
The post The 13 th Anniversary of the China Gold & Precious Metals Summit will be held on December 5-6, 2018 in Shanghai China appeared first on The Jewelry Magazine.
]]>JSC Arkhangelskgeoldobycha recently announced that it has been officially renamed JSC AGD Diamonds. This move was a result of “its new marketing policy and the brand’s international positioning aimed at its customers, the buyers of rough diamonds,” the Company said. AGD Diamonds has gone on to acquire a 100% stake in Grib Diamonds N.V. in […]
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]]>Shares in Petra Diamonds (LON:PDL) climbed more than 6% on Monday after the South African miner reported a 37 percent increase in full-year earnings thanks to higher output at its mines. Adjusted earnings before interest, tax, depreciation and amortization (EBITDA) jumped to $195.4 million from $142 million in the previous year, Petra said. However, the […]
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]]>De Beers completed the acquisition of Peregrine Diamonds for $82.36 million De Beers Group has completed the acquisition of Peregrine Diamonds at a purchase price of C$0.24 per share, for a total cash consideration of C$107 million (US$82.36 million). The acquisition includes the high quality Chidliak diamond resource in Canada’s Nunavut Territory and other properties […]
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