Covering mining’s projects, people, and sticky challenges

The 242.31-carat diamond is one of the largest gem-quality ones mined by the Russian company since 2000.

According to fintech company UNI, there are “reasons for optimism.”

The miner beat expectations with a small fall in 2020 earnings, but boosted dividend as soaring commodity prices helped it recover from covid-19 disruptions in the first half of the year.

Jean-Sébastien Jacques received £13.3 million ($18.6 million) in pay and long-term incentive rewards last year, compared to £7.1 million ($9.9 million) in 2019.

Ten years after the adoption of the UN Guiding Principles on Business and Human Rights (UNGPs), a new study shows that large mining companies have failed to translate promises to communities into action plans.

Gemcorp will own 75% of the business and Angola’s state-owned diamond miner Endiama 25%.

The miner's rough-diamond sales jumped 44% in the first cycle of 2021 from to the same period last year.

China and Russia are joining forces to keep America's increasing attempts to dominate extra-terrestrial commerce at bay.

The Russian miner saw sales grow more than three fold in the fourth quarter of 2020 to 17 million carats.