Debswana diamond sales down 25.1% in 2023 on weak demand Debswana sold diamonds worth $3.44 billion in 2023 from $4.59 billion registered in 2022. Reuters | March 1, 2024 | 7:55 am
New US sanctions more likely to curb Indian imports of Russian coal, traders say The sanctions could benefit other coal suppliers such as Indonesia, Australia and South Africa. Reuters | March 1, 2024 | 7:53 am
Northam CEO says South African platinum miners facing worst crisis in decades Platinum prices fell due to weaker growth in China and destocking by manufacturers post-Russia-Ukraine invasion. Reuters | March 1, 2024 | 7:48 am
Codelco says 85% of energy supply will be renewable by 2026 The miner has secured three 15-year contracts that will guarantee 1.8 terawatt hours per year. Reuters | March 1, 2024 | 7:43 am
BlackRock reduces stake in Polymetal International The US investment firm has reduced its stake in the gold miner to 7.45% from 9.91%. Reuters | March 1, 2024 | 7:38 am
Mining People: Advanced Gold, Core Nickel, Japan Gold, North Arrow Key moves in the mining sector. Staff Writer | March 1, 2024 | 6:30 am
Well-connected streams more effective at reducing presence of toxic metals from upstream mining – study Streams with ample connections to shallow groundwater flow paths are better at detoxifying specific forms of aluminum, cadmium, arsenic and zinc. Staff Writer | March 1, 2024 | 5:30 am
SQM expands into lithium glut in bet that buyers will return SQM, which is closely watched because it’s more exposed to spot prices than peers, sees stable prices in the short term and as is more positive after that. Bloomberg News | February 29, 2024 | 5:02 pm
Lithium potential mapped in northeast British Columbia Test results indicate that it may be economic to extract lithium from brines alongside natural gas development in the province, Geoscience BC said. Staff Writer | February 29, 2024 | 2:44 pm
