Gemcorp, Endiama to jointly develop Mulepe diamond project in Angola

Gemcorp, Endiama to develop Mulepe diamond project in Angola

Gemcorp will own 75% of the business and Endiama 25% and alongside with funding a pilot project, the London-based investment firm will oversee operations.

Cecilia Jamasmie | February 10, 2021 | 4:03 am

Altus expands footprint in Egypt with four new licences

Altus expands footprint in Egypt with four new licenses

Exploration licenses are part of Egypt’s inaugural competitive bid round, which started in 2020.

Cecilia Jamasmie | February 9, 2021 | 9:14 am

Petra Diamonds to grant Tanzania 16% free carried interest in Williamson mine

Petra Diamonds probes new claims of human rights abuses in Tanzania

The diamond miner revealed results of an investigation into incidents involving security operations at its Williamson mine between November 2020 and January 2021.

Cecilia Jamasmie | February 9, 2021 | 7:13 am

Mick Davis raises $60 million for battery metals firm Vison Blue

Mick Davis’ battery metals firm Vison Blue raises $60m

Vision Blue is investing $29.5 million in Canadian miner NextSource Materials, which is developing a graphite mine in Madagascar.

Cecilia Jamasmie | February 9, 2021 | 4:03 am

Turquoise Hill's profit surges over 33% on strong output

Mongolia asks Rio Tinto to mutually cancel Oyu Tolgoi deal

Rather than acting unilaterally, the government has asked Rio to mutually terminate the current contract.

Cecilia Jamasmie | February 8, 2021 | 7:28 am

Elon Musk offers $100 million for best carbon capture innovation

Sum will be awarded for the best technology created for removing carbon dioxide directly from the atmosphere or oceans and store that carbon in a safe, cost-effective way.

Cecilia Jamasmie | February 8, 2021 | 4:05 am