Fresnillo’s results reflect impact of Mexico outsourcing ban Covid-triggered staff absences and the country’s labour reform restricting the ability to subcontract workers, weighed on production. Cecilia Jamasmie | March 9, 2022 | 7:53 am
De Beers latest sale shows diamond demand remains strong The world’s top diamond producer by value sold $650 million worth of roughs in the second cycle, 18% more than in the same period last year. Cecilia Jamasmie | March 9, 2022 | 4:04 am
Sibanye-Stillwater faces fresh strikes at gold mines Most unionized workers at the company's Driefontein, Kloof and Beatrix gold mines will go on strike from Wednesday after wage talks failed. Cecilia Jamasmie | March 8, 2022 | 6:55 am
Strike forces Excellon Resources to halt Mexican silver mine Unionized workers at La Platosa silver mine in Durango have walked off the job after collective bargaining talks broke down. Cecilia Jamasmie | March 7, 2022 | 10:03 am
Brookfield scraps plan to buy Australia’s top energy provider The Canadian asset firm and billionaire Mike Cannon-Brookes’ Grok Ventures have dropped their joint bid to acquire AGL Energy. Cecilia Jamasmie | March 7, 2022 | 7:08 am
Chile a step closer to nationalizing copper and lithium The assembly writing the country’s new Constitution has approved an early-stage proposal that opens the door to the sector's nationalization. Cecilia Jamasmie | March 7, 2022 | 4:03 am
Tesla’s German gigafactory gets conditional green light The $5.5 billion plant, located outside Berlin, is expected to boost the carmaker's market share in Europe’s fast-growing EV sector. Cecilia Jamasmie | March 4, 2022 | 8:45 am
Alrosa suspends Natural Diamond Council membership Alrosa is responsible for 90% of Russia’s diamond production and 28% of global supply. Cecilia Jamasmie | March 4, 2022 | 6:58 am
Buenaventura to kick off San Gabriel gold mine construction in 2023 The miner had planned to start site works in the second half of 2021, but had to postpone the move and prioritize reducing debt. Cecilia Jamasmie | March 4, 2022 | 4:01 am
Deep-South says Namibia Ministry missed deadline to defend licence refusal The Canadian miner is fighting in court Namibia's mining and energy minister's rebuttal of its prospecting licence. Cecilia Jamasmie | March 3, 2022 | 7:19 am