Petra Diamonds loses shine with 36% revenue drop
The diamond miner's revenue in fiscal 2020 was $295.8 million, compared to $463.6 million in FY 2019 as pandemic surges.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Barrick denies alleged links to PNG political unrest
The miner said it will take legal action against those purporting to link CEO Mark Bristow’s recent visit to the country to moves to oust its prime minister.
Antofagasta commits to responsible copper standard
Centinela and Zaldívar mines will be the company’s first operations to adhere to the Copper Mark framework.
Endeavour to buy Teranga, creating top 10 gold miner
The all-share deal, worth $1.86 billion, would create a new gold major aiming to list in London.
Eldorado sees growing potential at Lamaque mine
The announcement was part of Eldorado exploration results, which extend known mineralization near current or planned development.
Gangfeng ups stake in Sonora lithium project
Bacanora Minerals' Chinese partner more than doubled its stake in the Mexican project.
Codelco to keep “Chuqui” open pit going for an extra year
Chile's copper giant will continue another year at the iconic mine, which has had good yields.
Lucara strikes again with 998-carat diamond at Karowe
The rock is one of the five biggest diamonds ever mined.
US court dismisses lawsuit against Sibanye-Stillwater
Class action sought compensation for alleged false statements by the company and its CEO related to a series of mine deaths in 2018.
Guinea approves railroad and port plan for Simandou
The move is key to Guinea’s economy and Simandou's development, which has been complicated by its location far from the coast and the cost of infrastructure.
Savannah nears full ownership of Barroso lithium lease
The Aldeia lease transfer would expand Barroso’s resource base as Savannah targets EU lithium supply and advances permitting.
