Dundee’s prefeasibility bumps Čoka Rakita gold project NPV by 25% in Serbia The new NPV (at a 5% discount) stands at $735 million, and the IRR is 41%. Blair McBride - The Northern Miner | December 18, 2024 | 9:54 am
India’s record gold import said to be due to calculation error Officials double-counted gold shipments in warehouses following a change in methodology in July, Bloomberg sources say. Bloomberg News | December 18, 2024 | 9:53 am
Trump advisers urge ending environmental reviews for mines receiving US funds Proposed US critical minerals projects have been in regulatory review for more than a decade. Reuters | December 18, 2024 | 9:21 am
Aluminum price falls to one-month low in wider commodity slump The longer run trends are more bullish for aluminum, according to Commerzbank. Bloomberg News | December 18, 2024 | 8:57 am
Torex Gold’s mining suspension in Mexico lifted Torex's 2024 production forecast remains intact, with the company tracking towards the lower end of the 450,000-470,000 oz. guidance range. Staff Writer | December 18, 2024 | 8:54 am
Namibia investigates China’s Xinfeng for alleged illegal mining Namibia’s Ministry of Mines and Energy is investigating Xinfeng for alleged illegal mining in the lithium-rich Erongo region. Bloomberg News | December 18, 2024 | 8:00 am
Alrosa’s 2024 diamond output falls by 4.6% The miner announced plans last month to suspend some production in 2025 and cut staff as it grapples with low global prices. Reuters | December 18, 2024 | 7:50 am
Barrick Gold seeks arbitration over Mali mines dispute The miner said it could suspend operations if gold shipments remain blocked. Staff Writer | December 18, 2024 | 7:19 am
Lucara names two largest diamonds found in 2024 The 2,488ct diamond is named Motswedi ("water spring") and the 1,094ct stone is called Seriti ("aura" or "presence"). Cecilia Jamasmie | December 18, 2024 | 5:33 am