Russian diamond major Alrosa on Tuesday announced that it would temporarily suspend mining works at two operations, citing a decrease in demand and sales as major economics are struggling amid the Covid-19 pandemic. Mining will cease at the Aikhal underground mine will cease from May 15 to September 30 and
Tag: Polished Diamonds
The World Federation of Diamond Bourses (WFDB) has launched its Young Diamantaires website at www.ydts.org. The website has been built by WFDB members for use by the members, and the federation plans on expanding its functionality.
Diversified mining company Rio Tinto is investing $10-million in a variety of grassroots projects across Canada and the US to support local community efforts to fight Covid-19. The group’s investment is targeted at practical solutions like funding the food banks or counselling and support services that are helping frontline response