Gem Diamonds finds 172-carat stone at Letšeng This is the seventh diamond greater than 100 carats the company has recovered this year at the prolific mine in Lesotho. Staff Writer | June 4, 2024 | 3:51 am
MMG plans to raise $1.16bn to repay debt, fund mine development The Chinese miner is raising funds to support the ongoing development of its operating mines. Reuters | June 3, 2024 | 4:46 pm
Rio Tinto marks 70th year of operations at British Columbia’s only aluminum smelter Rio hosted a celebration on June 1 at the Kitimat smelter site, with more than 1,800 attendees including four generations of employees and retirees. Staff Writer | June 3, 2024 | 4:22 pm
Lithion completes battery material extraction plant construction in Québec The build marks the first lithium-ion battery critical mineral extraction plant in North America’s north-east, the company said. Staff Writer | June 3, 2024 | 2:16 pm
De Beers ditches lab-grown diamonds as it looks beyond Anglo De Beers will turn its focus on so-called category marketing, where it promotes diamond jewelry in general rather than just its own branded gems. Bloomberg News | June 3, 2024 | 1:45 pm
Equinox organizes fundraiser for Ontario hospital The “Ride to Greenstone” will be an epic 3,634-km bike relay from Vancouver to Ontario. Staff Writer | June 3, 2024 | 11:36 am
China to build $1.5 billion copper smelter in Kazakhstan Copper smelter is projected to have an annual production capacity of 300,000 tonnes. Staff Writer | June 3, 2024 | 11:11 am
Russia proposes raising extraction tax rates on diamonds, gold, iron ore The proposed tax hikes would be offset by the abolition of export duties linked to the rouble-dollar exchange rate that were introduced in October 2023. Reuters | June 3, 2024 | 9:57 am
Cascadia Minerals stock soars on fund manager financing The private placement is led by Michael Gentile, one of its largest shareholders, who plans to up his stake to 9.99%. Staff Writer | June 3, 2024 | 9:45 am
