Cecilia Jamasmie , Editor-in-Chief

Germany’s K+S axes earnings guidance as severe drought hits production

The Germany-based fertilizer producer now forecasts earnings before interest, taxes, depreciation and amortisation (EBITDA) between 570 and 630 million euros, compared with previous forecast of 660 to 740 million euros.

Cecilia Jamasmie | November 15, 2018 | 9:16 am

Botswana Diamonds buys Alrosa’s stake in Sunland Minerals JV

The company acquired the remaining 50% in the joint venture from its previous partner and said negotiations were already advanced with an unnamed potential new associate.

Cecilia Jamasmie | November 15, 2018 | 5:58 am

Antofagasta approves $1.3B expansion of Los Pelambres mine

The company said the expansion, to start in early 2019, would add an average 60,000 tonnes of copper a year to its production over the first 15 years of operation.

Cecilia Jamasmie | November 15, 2018 | 3:28 am

Rio Tinto wants a piece of Teck’s copper project in Chile

Canada’s largest diversified miner has been looking for a development partner for the $4.8-billion extension of Quebrada Blanca copper mine in northern Chile.

Cecilia Jamasmie | November 14, 2018 | 10:25 am

Stornoway Diamond shares down on $37 million loss, departure of CEO

CEO Matt Mason will be replaced by chief operating officer Patrick Godin, who joined Stornoway in 2010 and was appointed to the board of directors in 2011.

Cecilia Jamasmie | November 14, 2018 | 9:00 am

Ivanhoe Mines shares jump as it finds new copper-rich area in Congo

Exploration drilling at the Kamoa North prospect area, which forms part of the company's Kamoa-Kakula mining licence, has defined two new, continuous corridors of shallow and high-grade copper mineralization.

Cecilia Jamasmie | November 14, 2018 | 5:48 am

Pan American Silver buys Tahoe Resources for $1B

Deal creates one of the world’s biggest silver mining companies.

Cecilia Jamasmie | November 14, 2018 | 3:43 am

De Beers to make some enemies, cuts low-quality diamond prices

The world's largest diamond producer is said to have reduced prices for low-quality stones as much as 10 percent.

Cecilia Jamasmie | November 13, 2018 | 8:05 am

Caterpillar steps up game to keep leadership in North America

In the past two years, Cat  has  been  working  on  growing  its  offering,  particularly  in  the  underground  segment,  as  well  as  filling  up  some  gaps  in  terms  of  trucks  sizes.

Cecilia Jamasmie | November 13, 2018 | 6:00 am

Lonmin workers ask South African tribunal to stop merger with Sibanye

If approved, merger would create the world’s No.2 platinum producer as Lonmin is the world’s third-largest while Sibanye-Stillwater is the fourth.

Cecilia Jamasmie | November 13, 2018 | 4:25 am

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