Lucara secures $220 million for Karowe expansion

John Thornton received a $9.74 million bonus on top of his $2.5 million salary, but used most of the after-tax proceeds of the bonus to buy 215,000 Barrick shares, according to a company's filing.

Natural diamond supply is estimated to come off this year and continue to incrementally decline through at least 2021, which should be supportive of diamond prices and thus miners.

Fundraising by unlisted funds for investment in natural resource reached a record $93 billion last year.

Many in the industry have emphasized the importance of copper in the quest for a lower carbon economy.

Small spinel stones with good transparency and fine cobalt-blue colour can sell for about 10 times the price of a comparable sapphire.

The Brucejack mine and mill are increasing throughput to 3,800 t/d from 2,700 t/d over the course of the year.

Iconic mines, including Ekati and Diavik are now old, tired and running out of diamonds; they will likely both close soon. So far, operations that were designed to replace them aren’t faring well either.

CanPacific Potash plans a new 3.25 million tonne per year solution potash mine and submitted its environmental impact assessment to the province in January.

The diamond producer has inked deals with New Azilian and Equigold, following the delivery and de-risking of the Lesotho-based mine, which began commercial production in December.