Diamond miner Alrosa’s Q1 production dropped 7.5%
Market conditions favoured higher rough demand as global supplies decreased, said the firm.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
New securities law in Mongolia cleans path for Tavan Tolgoi IPO
The new law can be the solution cash-strapped state-owned developer of Tavan Tolgoi has been looking for years.
South Africa’s new wave of strikes could ruin the economy: President
He added that wildcat strikes, particularly in the platinum and gold sectors in recent months, have cost South Africa dearly.
Vedanta raises $1.7bn, India’s largest ever offshore bond sale
This is a landmark transaction for Vedanta, which is joining domestic peers in catching the flood of US dollars being unleashed by central banks.
Rio Tinto starts off downsizing at its Utah mine
It cut nearly 100 jobs at its Kennecott Utah copper mine and warned further positions will be slashed later this month.
Mining investment in Mexico to hit $8bn record this year
The country ranks fifth globally in terms of mining investment and fourth in exploration spending.
Glencore trade with Iran may have helped Tehran avoid UN sanctions: report
The company's head of aluminum, Gary Fegel, is set to leave the company this summer.
Suicide bombers attack Areva uranium mine in Niger
One employee dead and 14 wounded.
Rio Tinto, Vale condemned over resettlements in Mozambique
Firms accused of leaving thousands without proper homes, food or sources of income when resettling communities to make way for coal mines.
Rio Tinto Diamonds launches Diavik auction platform, changes CFO
New auction platform allows Rio to place the majority of its production through supply agreements.
How Rio–Glencore talks fell apart
In the end it wasn't about copper, iron ore or coal, but who was paying more.
