Blue diamond found by struggling Petra sold for $14.9 million The 20-carat blue, gem quality stone, was acquired by a “leading diamond company” that wishes to remain anonymous, Petra said. Cecilia Jamasmie | November 15, 2019 | 3:19 am
Lundin Gold granted key permits to begin production at massive Ecuador project The Canadian miner inaugurated its Fruta del Norte gold mine in the Ecuadorean Amazon on Thursday. Cecilia Jamasmie | November 14, 2019 | 7:28 am
BHP’s incoming CEO a much needed breeze of fresh air for the mining industry “Ethical,” “thoughtful,” “gender-equality champion,” are just some of the adjectives describing Mike Henry, BHP's next leader. Cecilia Jamasmie | November 14, 2019 | 3:21 am
Glencore to shut Canadian smelter by year-end, over 400 jobs lost The facility was supposed to transition to a custom smelter after the mine closed in 2013. Cecilia Jamasmie | November 13, 2019 | 9:48 am
China-backed JV to develop giant Simandou north iron ore deposit in Guinea Guinea’s Societe Miniere de Boke (SMB) and Singapore’s Winning International Group offered $14 billion to build a mine and related infrastructure. Cecilia Jamasmie | November 13, 2019 | 5:58 am
Condor Gold losses narrow as flagship La India project moves forward The company raised about $5.2m in the three months to Sep. 30 by way of a private placement of new ordinary shares. Cecilia Jamasmie | November 13, 2019 | 4:34 am
Botswana Diamonds digs up first stones at South African mine The diamonds came from residual unprocessed stockpiles and bearing gravels surrounding Marsfontein mine in Limpopo. Cecilia Jamasmie | November 12, 2019 | 8:56 am
Sirius Minerals unveils rescue plan for UK’s biggest fertilizer mine Miner will try raising $600m first, which will allow it to finish sinking shafts and access the world's largest deposit of polyhalite, a type of fertilizer. Cecilia Jamasmie | November 12, 2019 | 6:49 am
Anglo American lowers thermal coal forecast amid move to exit sector The commodity was barely mentioned in an update to investors as one of the company’s main pillars of growth from 2020 and beyond. Cecilia Jamasmie | November 12, 2019 | 3:46 am
Cost of Ivanhoe’s giant copper project in Congo hits $1.3 billion Initial production from Kakula, the first of at least three copper mines planned at Kamoa-Kakula, is scheduled for late 2021. Cecilia Jamasmie | November 8, 2019 | 7:27 am