Wealthy Chinese head abroad to buy diamonds without scrutiny

The Mexican government proposed raising mining royalties under the argument that metal prices have risen in recent years.

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

The company has signed an additional LOI with Export Development Canada worth $300 million.

The company can now move forward the construction and operation of the underground mine, which is expected to deliver 164,000 oz. of gold production annually.