Junior Mining News

Angola eases controls over diamond sector, to double output in four years

By Cecilia Jamasmie Angola, the world’s fifth-largest diamond producer, is working on easing up its restrictive legislation over the industry in order to attract more foreign investment, up production and secure higher government revenue. The country has historically had in place limiting rules over diamond operations, including not allowing foreigners to hold a majority stake […]

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Gold jewelry sales recovering in China, but platinum left on the shelf

By Reuters LONDON (Reuters) – Gold jewelry sales in number one market China are finally picking up after years of decline, but consumers are still shying away from platinum. Chinese jewelry sales are a key component of global demand for both physical gold and platinum, accounting for 14 percent and 16 percent of consumption respectively.

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