The masters of the diamond world are losing control De Beers struggles to generate interest from its customers while at least five buyers have broken from their long-term contracts with Alrosa. Reuters | June 22, 2020 | 9:05 am
Freeport Indonesia to shift to all-underground mining by 2022 Copper production to rise to 160,000 daily tonnes of ore for 2021 and 200,000 tonnes for 2022. Reuters | June 22, 2020 | 8:28 am
OZ Minerals to buy Cassini Resources Company is raising its stake in Australia’s largest undeveloped nickel-copper deposit, West Musgrave. Reuters | June 22, 2020 | 8:16 am
Unions at Codelco demand more protection against coronavirus The Federation of Copper Workers union said it would take measures if the company’s health protocols are not further tightened. Reuters | June 21, 2020 | 11:57 am
Codelco to suspend northern construction projects The announcement came hours after the second coronavirus-related death of a Codelco worker was confirmed. Reuters | June 21, 2020 | 9:01 am
Venezuela’s rival presidents prepare to battle over gold in London vaults Nicolas Maduro and opposition leader Juan Guaido claim access to $1.9 billion stashed in the Bank of England. Reuters | June 19, 2020 | 10:52 am
Aboriginal group goes to court against Australian state over mining area The court action comes amid greater scrutiny of Aboriginal rights in Australia following the destruction of a sacred cave by Rio Tinto last month. Reuters | June 19, 2020 | 10:19 am
BHP expands nickel exposure as Norilsk exits Australia Top miner buys Honeymoon Well tenements in Western Australia from Russian nickel and palladium giant. Reuters | June 19, 2020 | 9:56 am
Rio Tinto launches review into sacred caves blast Chairman Simon Thompson apologized to traditional owners of the land and pledged to make public the review's findings. Reuters | June 19, 2020 | 9:53 am
Glencore’s venture with Merafe starts job cuts The venture runs seven chrome mines and five ferrochrome plants in South Africa, and employs a total of 11,448. Reuters | June 19, 2020 | 9:27 am
Altura inks lithium supply contracts with Ningbo Shanshan The Australian miner would supply a minimum of 60,000 tonnes of the metal. Reuters | June 19, 2020 | 9:01 am
Barrick alerts authorities after fake news in Zambia News release circulated on social media in Zambia claiming the gold miner sold its Lumwana copper mine. Reuters | June 19, 2020 | 8:51 am