Lucara strikes new cut and polish deal with Louis Vuitton
The luxury house will turn Lucara’s 549-carat Sethunya diamond into fine jewellery.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Billionaire Gina Rinehart’s wealth swells with Hancock’s A$4bn profit
Hancock Prospecting reported a A$4 billion ($2.9bn) net profit after tax for financial 2020, a 56% improvement from the A$2.6 billion logged last year.
Angola to launch diamond exchange in Luanda in 2021
The government has identified key steps it needs to take before opening the planned diamond exchange by the end of next year.
Rainbow, Bosveld to develop SA rare earths project
The Phalaborwa rare earths project contains about 35 million tonnes of gypsum resulting from historic phosphate hard rock mining.
LME’s “green aluminum” plans opposed by industry
For first time in its 143-year history, the LME is pushing a platform for greener metal.
Rio Tinto closes Argyle diamond mine after 37 years
The mine was the world's largest by volume and the main global source of high-quality pink diamonds.
BHP commits to responsible copper production
Escondida and Spence in Chile, and Olympic Dam in Australia, will be initially undergoing an assessment under the Copper Mark framework.
Yamana Gold to acquire Monarch in $114 million deal
The cash and share transaction gives Yamana the Wasamac property, which is about 100 km from its 50%-owned Canadian Malartic mine.
Iamgold halts Westwood mine following earthquake
The few employees present at the suspended underground mine were safely brought above ground.
Rio Tinto invests $51m in Canadian alumina refinery
Upgrades, to be completed in early 2021, include three new energy efficient buildings and a centralized control room.
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.
