Solar panels and and power lines. (Image from Piqsels, CC0). A report published by market analyst Lux Research states that companies looking to decarbonize their energy trade routes have about 10 years to do so.According to Lux, by 2030, imported electricity via new high-voltage direct current (HVDC) power lines is likely to become cheaper than low-carbon natural gas turbines. This means that cor...Read More
Researcher Nathan Reid carrying out the groundwater experiment. (Image courtesy of CSIRO). Haloes of altered water chemistry in groundwater could help geologists identify areas where ore deposits lie hidden below the surface.A new report published by the Minerals Research Institute of Western Australia states that by sampling groundwaters, prospectors can make their exploration instruments 'taste...Read More
Here are five Fastmarkets stories you might have missed on Friday May 22 that are worth another look.NLMK, Russia's largest steelmaker, has started hot testing the new beneficiation section at its Stoilendkiy mining and beneficiation plant, the company said on May 22.Metals traders have begun to feel the pinch after a turbulent period in commodity markets have caused some banks to step back from f...Read More
Here are five Fastmarkets stories you might have missed on Friday May 22 that are worth another look.NLMK, Russia's largest steelmaker, has started hot testing the new beneficiation section at its Stoilendkiy mining and beneficiation plant, the company said on May 22.Metals traders have begun to feel the pinch after a turbulent period in commodity markets have caused some banks to step back from f...Read More
Here are five Fastmarkets stories you might have missed on Friday May 22 that are worth another look.NLMK, Russia's largest steelmaker, has started hot testing the new beneficiation section at its Stoilendkiy mining and beneficiation plant, the company said on May 22.Metals traders have begun to feel the pinch after a turbulent period in commodity markets have caused some banks to step back from f...Read More
The gargantuan global debt bubble is now imploding at an astounding and terrifying rate, with the virus acting as a catalyst to speed up the process thanks to the lockdowns and the massive economic disruption that they are causing. The global economy is coming to a dead stop, with the airline, catering and tourism industries the first victims and already largely destroyed in the space of just a...Read More
Here are five Fastmarkets stories you might have missed on Friday May 22 that are worth another look.NLMK, Russia's largest steelmaker, has started hot testing the new beneficiation section at its Stoilendkiy mining and beneficiation plant, the company said on May 22.Metals traders have begun to feel the pinch after a turbulent period in commodity markets have caused some banks to step back from f...Read More
Here are five Fastmarkets stories you might have missed on Friday May 22 that are worth another look.NLMK, Russia's largest steelmaker, has started hot testing the new beneficiation section at its Stoilendkiy mining and beneficiation plant, the company said on May 22.Metals traders have begun to feel the pinch after a turbulent period in commodity markets have caused some banks to step back from f...Read More
Here are five Fastmarkets stories you might have missed on Friday May 22 that are worth another look.NLMK, Russia's largest steelmaker, has started hot testing the new beneficiation section at its Stoilendkiy mining and beneficiation plant, the company said on May 22.Metals traders have begun to feel the pinch after a turbulent period in commodity markets have caused some banks to step back from f...Read More
Here are five Fastmarkets stories you might have missed on Friday May 22 that are worth another look.NLMK, Russia's largest steelmaker, has started hot testing the new beneficiation section at its Stoilendkiy mining and beneficiation plant, the company said on May 22.Metals traders have begun to feel the pinch after a turbulent period in commodity markets have caused some banks to step back from f...Read More
The gargantuan global debt bubble is now imploding at an astounding and terrifying rate, with the virus acting as a catalyst to speed up the process thanks to the lockdowns and the massive economic disruption that they are causing. The global economy is coming to a dead stop, with the airline, catering and tourism industries the first victims and already largely destroyed in the space of just a...Read More
Here are five Fastmarkets stories you might have missed on Friday May 22 that are worth another look.NLMK, Russia's largest steelmaker, has started hot testing the new beneficiation section at its Stoilendkiy mining and beneficiation plant, the company said on May 22.Metals traders have begun to feel the pinch after a turbulent period in commodity markets have caused some banks to step back from f...Read More
The gargantuan global debt bubble is now imploding at an astounding and terrifying rate, with the virus acting as a catalyst to speed up the process thanks to the lockdowns and the massive economic disruption that they are causing. The global economy is coming to a dead stop, with the airline, catering and tourism industries the first victims and already largely destroyed in the space of just a...Read More
RAPAPORT... Alrosa is set for its lowest annual rough-diamond production in at least a decade, after the Russian miner reduced its outlook by up to 6 million carats due to the weak market.The company now expects to produce 28 million to 31 million carats this year, compared with an earlier plan of around 34 million carats, it said Friday.It will achieve this by shutting mines containing lower...Read More
RAPAPORT... Dominion Diamond Mines has agreed to an asset sale that would allow it to resume mining operations and avoid bankruptcy.The deal, which is subject to court approval, would provide an affiliate of the Washington Companies - which purchased Dominion for $1.2 billion in 2017 - with the right to acquire all of Dominion's assets for approximately $126 million. The affiliate would also...Read More
RAPAPORT... The Responsible Jewellery Council (RJC) has expanded its board and appointed seven trade members to represent different parts of the supply chain.New board members include Feriel Zerouki, RJC honorary treasurer and senior vice president of international relations and ethical initiatives for De Beers, as well as Matthew Kilgariff, the council's honorary secretary and director of co...Read More
(IDEX Online) - One of the world's more unusual diamond mines - a dig-your-own family attraction in Arkansas, USA - has reopened after state lockdown rules were eased.Visitors pay $10 a day to sift the soil of a plowed field at the Crater of Diamonds State Park, near Murfreesboro, and keep whatever they find.Diamonds were first discovered there in 1906 by a farmer who owned the 37...Read More
(IDEX Online) - Traders and merchants in India have been crowding outside private vaults to retrieve their diamonds, after lockdown rules were finally eased. Authorities in Surat, the cut-and-polish hub, have allowed factories and workshops to resume production with up to half their staff, providing they follow strict guidelines on sanitizing and social distancing. Security companies that operate...Read More
De Beers has been given permission for a long-term clean-up at the site of its ill-fated Snap Lake mine, in Canada. The company invested over $2.2bn in its first mining project outside Africa. Snap Lake (pictured) had an expected 15-year life when it opened in July 2008, but was closed seven-and-a-half years later, after a decline in diamond prices and ongoing water problems at...Read More
Watch as Elon Musk and Jay Leno go for a joy ride in the 2021 Tesla Cybertruck + more bonus sneaks! Then, catch an all new episode ofRead full newsRead More