Petra Diamonds cuts forecasts, jobs amid market weakness Sales revenue for the third tender fell 7% to $71 million, bringing year-to-date revenue to $146 million, down from $188 million last year. Cecilia Jamasmie | December 20, 2024 | 3:57 am
Activist Palliser pushes Rio Tinto to review dual listing Palliser Capital claims Rio Tinto's current dual-listed structure has deprived investors of $50 billion in value. Cecilia Jamasmie | December 19, 2024 | 4:05 am
Lucara names two largest diamonds found in 2024 The 2,488ct diamond is named Motswedi ("water spring") and the 1,094ct stone is called Seriti ("aura" or "presence"). Cecilia Jamasmie | December 18, 2024 | 5:33 am
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million Patriot's project will supply lithium to Volkswagen’s battery company PowerCo in Europe and North America. Cecilia Jamasmie | December 18, 2024 | 3:57 am
Arcadium Lithium investors sue miner over Rio Tinto takeover Three shareholders of Arcadium Lithium have sued the miner and its board alleging negligence in Rio Tinto $6.7 billion takeover. Cecilia Jamasmie | December 17, 2024 | 5:29 am
Rio Tinto, BHP, and BlueScope to build ‘green iron’ plant Project could help reduce emissions by up to 80% if renewables and green hydrogen are used, the companies said. Cecilia Jamasmie | December 17, 2024 | 3:53 am
Barrick to halt Mali operations if shipments remain blocked If Mali continues to impede shipments from Loulo-Gounkoto, the country's largest gold mine, Barrick will cease operations. Cecilia Jamasmie | December 16, 2024 | 3:53 am