Government said it expects to settle its differences with the Canadian miner, which is developing the Skouries and Olympias projects in northern Greece, where it also operates the Stratoni mine.
Europe Mining News
Move could mean good news for Gabriel Resources' long-stalled namesake gold project.
Although De Beers intends to spend most of the money on its own brands, Forevermark and De Beers Diamond Jewellers, all advertising is good for the wider diamond trade since it has a positive ripple effect.
Diamond giant will spend more than US$140 million in marketing this year.
Contractor employee was struck by a branch from a falling tree, resulting in fatal injuries.
Toronto-based miner gains control over a 2% net smelter return royalty on the Curraghinalt gold project, in Northern Ireland.
The Indian Commodity Exchange Limited (ICEX) will start trading in 1 carat/100 cent contracts, to later add 50 cent and 30 cent contracts.
Decision comes as the Swiss-based miner and commodities trader rethinks how to deploy capital as its cuts debt.
Once the engine of the Industrial Revolution rooted in the UK, coal is now less popular than ever as an electricity source.
Final study focuses on a two-phase open pit mine and lithium carbonate processing facility with a life of over 20 years.
With the move, the country’s central bank has completed its plan to bring back home 54,000 gold bars that were still being held in foreign vaults.
It's the first time the event has been reproduced in a lab environment similar to the one within Neptune and Uranus.
According to the Industrial Development Agency (ARP), net profit at Polish coal mines stood at 1.45 billion zlotys (US$400.06 million) in the first half of the year compared to a 800 million zlotys loss a year earlier.
The miner believes a tightening global supply of copper will keep prices on the high-end of the spectrum this year and next.
Measure is part of a broader plan to restore profitability at the division, which saw adjusted operating profit fell by 37% in the second quarter of this year.
The division will be divided into two separate units beginning 2018 — Minerals Services and Minerals Consumables.
While Bulgaria may not be the first country investors equate with gold mining, executives at one TSX Venture Exchange-listed company are sitting on pins and needles waiting for the drill results that could prove their high-grade thesis.
De Beers partners with Stanford Graduate School of Business to empower youth and entrepreneurs in southern Africa
De Beers Group today announced a US$3 million investment in a three-year partnership with Stanford Graduate School of Business (GSB) to empower young, aspiring entrepreneurs and established business owners in Botswana, Namibia and South Africa.
The miner said it remains cautious about the state of the global market for both rough and polished diamonds, noting that financing challenges persist.
Metal traded above $3,000 per tonne on the LME for the first time since November 2007.
Water level makes it "too risky" for rescuers to try accesing area where miners were believed to be when the accident happened.
Claims that Cornwall is sitting on a multibillion-dollar lithium bonanza will soon be tested as newcomer Cornish Lithium has now enough money to start exploring the region.
The world’s top diamond producer by output in carats still expects to produce about 39 million carats this year.
The diamond miner decided to offload those units to focus on its Tongo-Tonguma project in Sierra Leone, which has the potential to generate earnings of $45 million a year.
A study of Roman coins has shown how the defeat of Hannibal and the Carthaginian empire led to coinage spreading across the Roman Empire from silver mines in Spain.