Gemfields reaches record revenue at emerald auction
It generated about $23.1 million in revenues – an all-time record for commercial-quality emeralds sold at auctions.
Cecilia Jamasmie , Editor-in-Chief
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Newcrest Mining commits $182 million to expand Telfer
Newcrest is expanding open pit mining at its Telfer operations in Western Australia, which will extend the operations for at least two years.
Rio Tinto sells last diamonds from iconic Argyle mine
Mining at Argyle, which accounted for 90% of worldwide pink diamond production, ended in November 2020.
Vital Metals expands in Canada with Quebec projects buy
Vital is acquiring Quebec Precious Metals’s Zeus project and a 68% stake in the Kipawa heavy rare earths asset for $6.4 million.
Danakali to leave London Stock Exchange
The miner, which is developing the Colluli sulphate of potash project in Eritrea, will keep its Australian listing.
Expansion of Lucara Diamond’s Karowe mine to take longer and cost more
Lucara expects to achieve 75% of slated full production by late 2029, 1.3 years later than planned and spend $20m more than budgeted.
Canada’s first rare earth miner in trading halt on expansion rumours
Vital Metals is reportedly in final talks to buy two projects in Quebec, one of which may be the world’s fourth largest dysprosium deposit.
UN says IPCC’s climate report “code red for humanity”
First major assessment from the UN-backed experts committee in nearly a decade sees no end to rising temperatures before 2050.
Euro Sun Mining to list in London before year-end
Floating on the LSE would help it access fresh capital to fund the first phase of its Rovina Valley copper-gold project in Romania.
Gates-backed firm joins Bluejay on battery metals quest
KoBold Metals, a start-up backed by a coalition of billionaires, will pay $15m in exploration funding for Greenland project.
Brazil delays critical minerals areas auction
The regulator said funding shortfalls prevent it from covering the costs needed to move ahead with the tender process.
