Lucara recovers sixth diamond larger than 1,000 carats at Karowe mine in Botswana Last month, the miner unearthed the second-largest diamond ever found. Staff Writer | September 16, 2024 | 8:33 am
Ex-Glencore trader plots return but says compliance is a turnoff Sebastien Le Page, who worked at Glencore for 18 years before retiring in 2015, said that the current state of the copper market had piqued his interest. Bloomberg News | September 16, 2024 | 8:28 am
Antofagasta to invest $3.5 billion in 2025 amid portfolio expansion The miner is actively looking for copper projects in Peru that can yield at least 50,000 tonnes of the red metal for 10 years or more. Cecilia Jamasmie | September 16, 2024 | 8:08 am
CarbonScape picks site for biographite production demo plant CarbonScape is developing a low-cost and carbon-negative biographite made from wood biomass. Staff Writer | September 16, 2024 | 8:02 am
Ivanhoe Electric says Santa Cruz PFS on track for Q2 2025 The PFS will include a mine plan that will be supported by a new mineral resource and reserve estimate. Staff Writer | September 16, 2024 | 8:02 am
Goldman Sachs cuts Q4 iron ore price forecast by $15/t on supply glut The bank cited market oversupply even though demand from top consumers in China is stabilizing. Reuters | September 16, 2024 | 7:25 am
Zimbabwe to tackle gold smuggling by boosting mine surveillance The country loses $1.5 billion of gold a year to smugglers. Bloomberg News | September 16, 2024 | 7:07 am
China’s grip on rare earths undercuts projects from US to Japan A slump in prices since 2022 is undermining the business case for rare earth projects. Bloomberg News | September 16, 2024 | 7:05 am
Chinese investor steps in to block Paladin’s Fission Uranium buy CGN Mining Company, a subsidiary of China General Nuclear Power with a 11.26% stake in Fission Uranium, is obstructing the tie-up. Cecilia Jamasmie | September 16, 2024 | 3:49 am