Zambia drops 15% export tax on gemstones The levy on gemstones, excluding diamonds, was meant to increase the country's revenues, but ended up hitting output. Cecilia Jamasmie | December 19, 2019 | 9:49 am
Brazil’s Bolsonaro says bill to open indigenous reserves to mining, agriculture ready The proposed rule would have to be approved by Congress, which goes on recess on Friday and doesn’t resume functions until February. Cecilia Jamasmie | December 19, 2019 | 5:48 am
Lucara Diamond’s sales beat expectations in fresh sign of market improvement Average price per carat was $548, 16% more than expected and about 40% higher than the average price achieved in the previous quarter. Cecilia Jamasmie | December 19, 2019 | 3:58 am
Gold Field’s Salares Norte project in Chile granted environmental permit The construction decision is expected during the first half of 2020. Cecilia Jamasmie | December 18, 2019 | 9:29 am
De Beers final diamond sale of the year gives some hope to depressed market It fetched $425 million for its diamond in December, a slight improvement from the $400 million it obtained in the previous sale. Cecilia Jamasmie | December 18, 2019 | 5:58 am
Takeover talks between gold miners Endeavour and Centamin hit a snag The Egypt-focused company has accused Endeavour of not providing key information to assess the value of a potential business combination. Cecilia Jamasmie | December 18, 2019 | 3:55 am
Hecla ramps up Lucky Friday mine to full production amid strike The company is moving forward with its Lucky Friday silver mine without the union workers, which have voted to remain on strike. Cecilia Jamasmie | December 17, 2019 | 10:06 am
Barrick to start Pueblo Viejo mine’s power plant conversion in early 2020 The upgrade aims at lowering greenhouse gas emissions and cutting costs. Cecilia Jamasmie | December 17, 2019 | 8:01 am
Condor Gold sells one of its concessions in Nicaragua to focus on La India Potrerillos is adjacent to Mako Mining's San Albino gold project, which includes the former namesake mine. Cecilia Jamasmie | December 17, 2019 | 7:13 am
Petra Diamonds finds founder Pouroulis’ successor Adonis Pouroulis, who founded Petra in 1997 and has been its chairman ever since, will leave the company on March 31. Cecilia Jamasmie | December 17, 2019 | 4:03 am
