Endeavour Silver buys Nevada gold asset for $100 million
The Bruner gold exploration project is expected to become a low-cost, open pit, heap leach mine operation.
Cecilia Jamasmie , Editor-in-Chief
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OceanaGold to restart Didipio mine after new deal with Philippines
The gold-copper mine, which has been idled since 2019, will be restarted "as soon as possible" and will run for another 25 years.
What a “Joy” — Lucara finds largest fancy pink diamond yet
The 62-carat diamond, named "Boitumelo" is Botswana’s largest fancy pink rough yet.
Western Australia plans world’s biggest renewable energy hub
The Western Green Energy Hub (WGEH) would stretch across an area bigger than greater Sydney, and could produce up to 50 gigawatts of energy.
Lundin Gold’s Fruta del Norte mine production exceeds expectations
The mine, Ecuador's largest, delivered 108,799 ounces of gold in the three months to June 30, up from 104,137 ounces in the previous quarter.
Lucara Diamond locks in $220 million loan for Karowe expansion
Financing package will help fund a five-year, $514 million underground expansion of the Karowe mine in Botswana.
Petra fetches over $40m for 39-carat blue diamond
At $1,021,357 per carat, it is the highest price paid for a single stone.
Rio Tinto to keep South African operation shut
Richards Bay Minerals, shut down following the murder of the top manager, will open only if safety of people is guaranteed.
Bigger than Voisey’s: Canada Nickel files PEA for Crawford mine in Ontario
Over 25-year life, mine expected to produce 842,000 tonnes of nickel, 21 million tonnes of iron and 1.5 million tonnes of chrome valued at $19bn.
Gemfields shares spike tied to non disclosable, sensitive information
The emeralds and rubies miner did say it expects to announce sales of $95m in first half of 2021, up 533% from the same period in 2020.
Diamond slump pushes Botswana to broaden mining base
Botswana is stepping up exploration beyond diamonds as weak prices and lab-grown rivals expose risks of reliance.
