Petra Diamonds says the worst is likely over
Petra's 20% increase in like-for-like prices for its latest tender of financial year 2024 supports its view that diamond prices have bottomed.
Cecilia Jamasmie , Editor-in-Chief
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Chile aims to be among world’s top three cobalt producers
The copper producing nation holds significant quantities of cobalt in its mining tailings, which could make it a global powerhouse.
Newmont pours 8,000th gold bar at Musselwhite mine
The Canadian operation, which started commercial production in 1997, churned out 173,000 ounces of gold last year.
Norway lawmakers back deep-sea mining in Arctic Ocean
The minority centre-left government and two large opposition parties have backed the proposal, with a final vote scheduled for January.
First Quantum to fast-track Zambia project after Panama blow
The Fishtie copper project, being developed with Zambia's Mimosa Resources, is expected to start production in 2026.
First Quantum takes Panama to international court
It is also suspending its 2023 production guidance for Cobre Panama mine, which accounts for about 1.5% of the world’s copper production.
Kinross bets $3B on Chile gold district growth
Kinross advances one of Chile’s biggest proposed gold mines as Atacama cements its global mining hub role.