Giant diamonds lure investor cash to Botswana

A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.

Chemaf agreed to sell its assets to Chinese defence and industrial giant, China North Industries Corp, or Norinco in June.

The restart marked exactly a century since the mine first went into production.

The Russian budget for 2025-2027 has set aside $1.55 billion for the purchase of precious metals and gems.