Gemfields to auction 37,555-gram emerald cluster
The Kafubu Cluster is likely to set a record for the world’s most expensive single emerald sold in auction.
Cecilia Jamasmie , Editor-in-Chief
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Gem Diamonds lowers 2022 guidance despite solid Q3
Output was hurt by a two-day halt in Lesotho during the country's general elections, as well as by an equipment breakdown, now repaired.
Diamonds trade watchdog mulls fate of Russian gems
The Kimberley Process is expected to decide this week whether Russian diamonds should be declared conflict gems.
B2Gold, AngloGold put Gramalote project in Colombia up for sale
Decision comes after the JV partners completed a comprehensive review of the alternatives for the $925 million gold project.
World’s top battery maker CATL grabs stake in DRC cobalt-copper miner
The world's top battery maker is taking an almost 25% stake in CMOC Group, formerly known as China Molybdenum.
Sibanye-Stillwater may cut thousands of jobs at gold mines in South Africa
The miner will enter into consultations with stakeholders, which could impact 1,959 employees and 465 contractors.
PureGold Mining seeks creditor protection
PureGold said it had made the application after considering cash position, scheduled debt payments, forecast revenue and expenses.
Tesla held talks over buying stake in Glencore – report
The EV giant considered acquiring part of Glencore, but negotiations failed on Tesla's concerns about the Swiss miner's coal business, FT.com reported.
Hochschild makes headway at gold project in Brazil
The Posse gold project in Brazil’s central state of Goías is 16% completed, only two months after obtaining its environmental permit.
Teck Resources hikes cost of QB2 copper project in Chile again
Quebrada Blanca phase 2 is now expected to cost $7.4bn to $7.75bn, up from a July guidance of $6.9bn to $7bn, and an earlier estimate of $4.7bn.
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.