Gem Diamonds recoveries from iconic Lesotho mine dropped in late 2018, shares slump

Gem Diamonds finds from iconic Lesotho mine drop, shares slump

The company unearthed three of the 15 diamonds over 100 carats it found in 2018 in Q4, but carat recovery dropped by 17% to 29,523 ct in the period.

Cecilia Jamasmie | February 7, 2019 | 5:45 am

Russia’s Nordgold to invest over $360m in Guinea mine

The Russian gold producer has received a 15-year mining permit for its Lefa mine.

Cecilia Jamasmie | February 7, 2019 | 2:53 am

Friedland confident Congo copper mine will be world’s second-largest

The founder of Ivanhoe Mines said the Kamoa-Kakula project is “on track to become one of the absolute greatest copper mining complexes in the world.”

Cecilia Jamasmie | February 6, 2019 | 1:20 pm

Calidus shares soar after upping Warrawoona gold resources by 75%

Total mineral resource was upgraded to 21.2 million tonnes at 1.83g/t gold for 1.25 million ounces, up 75% from December 2017.

Cecilia Jamasmie | February 6, 2019 | 7:22 am

Nigeria pins hopes on first gold project to boost mining sector

Thor Explorations to build Nigeria’s first large-scale gold mine

Company envisions construction beginning in the second quarter of the year, followed by an 18-month building period.

Cecilia Jamasmie | February 5, 2019 | 2:20 pm

Ford says carmakers may need to invest in cobalt mines soon

Carmakers may have to consider investing directly in cobalt mines in order to secure supply over the next three to five years, according to ord Motor Co. senior manager for energy storage strategy and research Ted Miller.

Cecilia Jamasmie | February 5, 2019 | 9:00 am

BlueRock recovers another exceptional diamond at South African mine

BlueRock finds another exceptional diamond at South African mine

It is the second largest diamond mined from Kareevlei and the third valued at over $50,000.

Cecilia Jamasmie | February 5, 2019 | 3:15 am

Firestone Diamonds output down on technical issue at Lesotho mine

The company, which operates the Liqhobong diamond mine in Lesotho, said it recovered 224,947 carats in the three months through December, down from 240,733 carats in the first quarter.

Cecilia Jamasmie | February 4, 2019 | 10:52 am

Vale forced to halt operations at Brucutu, largest mine in Minas Gerais

Brucutu, which has an annual capacity of 30 million tonnes of iron ore, is Brazil's second largest mine, behind Vale’s Carajás.

Cecilia Jamasmie | February 4, 2019 | 6:50 am

Barrick, Reunion Gold to jointly go after key assets in South America

Strategic alliance expands Barrick’s exploration footprint in the Guiana Shield, a significantly under-explored region and one of the most prospective in the world for large scale gold discoveries.

Cecilia Jamasmie | February 4, 2019 | 6:00 am

First

Last

Cecilia Jamasmie , Editor-in-Chief

Posts by Cecilia Jamasmie: