Bulgari Laguna blue diamond could fetch $28m in auction
The 11.16 carats fancy vivid blue diamond will go under Sotheby’s hammer on May 12, as part of the Geneva Magnificent Jewels auction.
Cecilia Jamasmie , Editor-in-Chief
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Fortescue Metals begins magnetite production at Iron Bridge
After 20 years, 20 million work hours, delays and cost overruns, the Western Australia mine delivered its first 68% iron grade product.
Peak Rare Earths locks in $18 million to develop Tanzania project
Final investment decision on the Ngualla Neodymium and Praseodymium (NdPr) rare earth deposit will be made by the end of September.
Chile’s lithium plans not really ‘nationalization’ say experts
State-led production of the battery metal is seen by some analysts as a positive change, but likely years away.
Chile’s state miner seeks $1.5 billion from lithium partner
Enami has the rights to five lithium deposits in the Siete Salares area, with a collective net asset value estimated in $2.5 billion.
Glencore buys stakes in Norsk Hydro and Vale’s assets in Brazil
It's taking a 30% stake in alumina refinery Alunorte and a 5% interest in bauxite producer Mineracao Rio do Norte, both in Para, Brazil.
Glencore says takeover bid for Teck stands after spinoff fails
Glencore reiterated its intention to buy Teck and even bid more, raising pressure on the Canadian miner to sit down at the negotiating table.
Teck takes restructuring plan off the table ahead of vote
Teck said it will pursue instead "a simpler and more direct separation" proposal to best unlock the full value for its shareholders.
First Quantum’s issues in Panama hit earnings, production
Results were also affected by a severe rainy season in Zambia, home to its Sentinel and Kansanshi copper mines.
McEwen Copper seeks $4B to advance Los Azules
Global lenders, agencies and partners line up funding as Argentina re-emerges as a key copper investment destination.