ALROSA’s diamond sales drop 16% in 2020

CFSW LNG Constructors – a consortium of four major engineering and construction firms and the lead contractor for LNG Canada – has cancelled the bidding process for the project.

The gold producer said the region will play an increasingly important role in its growth strategy.

Based on the conglomerate's estimates, opening such plant would increase value of the product 35 times, comparing to what it could be obtained by just selling it as lithium carbonate.

Suit claims company failed to report mercury levels at five of nine water monitoring stations near Victor mine.

The company's total diamond sales last month amounted to $255.2 million, 63% higher than in November last year.

Move takes the group’s total investment in the Indian city of Surat, which has the largest concentration of diamond skilled workers in the world, to $15 million.

After buying ought out its two Japanese partners, Itochu Corp and Sumitomo Corp.

Transactions must be fully backed by physical metal and settled on the same day to observe Islam's distinction between real economic activity and speculation.

Situation has worsened as a result of a shortage of new discoveries, cost cutting measures and miners digging out higher-grade material for a short-term gain, say experts.