MINING.COM

De Beers is selling diamonds for less and the industry isn’t happy

World’s No.1 diamond miner will let buyers refuse some lower-quality stones, just as it gets ready to begin selling synthetic stones.

Cecilia Jamasmie | September 4, 2018 | 9:41 am

Chaarat Gold ups Kyrgyz Republic project resource by 46 pct

The Central Asia-focused explorer and developer said Tulkubash’s measured and indicated resource is now over 1.4 million ounces of gold, while the grade also rose 57% to 1.35g/t gold.

Cecilia Jamasmie | September 4, 2018 | 5:47 am

Tahoe’s Escobal mine licence to remain suspended — Guatemalan court

Guatemala's highest court ruling says mining operations will be suspended until government carries out consultation of the local indigenous people.

Cecilia Jamasmie | September 4, 2018 | 4:02 am

De Beers will allow buyers to reject cheap diamonds

This is a rare move by De Beers, which is famous for requiring buyers to take what’s offered.

Bloomberg News | September 3, 2018 | 10:33 am

Uranium’s rally built on supply cuts, looks overcooked for now: Russell

The year-to-date gain is 16.6 per cent, and the metal used to power nuclear reactors is on track to record a second annual increase.

Reuters | September 3, 2018 | 7:14 am

Tahoe halts operations at its La Arena gold mine in Peru after protest

Temporary suspension of mining activities comes after about 100 people trespassed and demanded payment for alleged environmental impacts of the operation on their community.

Cecilia Jamasmie | August 31, 2018 | 10:37 am

Zimplats FY profit tumbles after higher deferred tax charge

Platinum miner Zimplats on Friday reported a 94 percent drop in after-tax profit to $2.6 million after incurring a higher deferred tax charge.

Reuters | August 31, 2018 | 9:37 am

Dalradian shareholders back Orion Mine’s $230m takeover bid

The Toronto-based miner, which is developing a large untapped gold deposit in a remote part of Northern Ireland, will seek final approval of the transaction by the Ontario Superior Court of Justice early next week, with the deal expected to close on or about Sep.7, 2018.

Cecilia Jamasmie | August 31, 2018 | 8:12 am

Canada’s controversial Trans Mountain pipeline squashed by court

Ruling effectively halts construction of the 1,150-kilometre project indefinitely.

Cecilia Jamasmie | August 30, 2018 | 9:28 am

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