Hochschild shares plunge on Brazil mine shutdown
The announced six-week halt of processing operations at the Mara Rosa gold mine signals major production setbacks.
Cecilia Jamasmie , Editor-in-Chief
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Petra Diamonds rethinks sales tactics as market slump drags on
Due to changes in diamond prices and demand, Petra has stopped regular sales cycles and may delay them when needed.
Stausholm dismisses rift rumours as Rio opens $2B mine
The official opening of the Western Range iron ore mine may mark Jakob Stausholm’s final visit to the Pilbara in his role as Rio Tinto CEO.
Former De Beers CEOs circle diamond giant as sale nears
Anglo American has reportedly received buyer interest in De Beers from former bosses Gareth Penny and Bruce Cleaver.
Gemfields’ Montepuez leads, Kagem lags in 2024 payouts
The Montepuez ruby mine returned 24% of revenue to Mozambique, while Kagem emerald operation contributed only 9% to Zambia.
Abu Dhabi’s IRH buys controlling stake in Alphamin
International Resources Holding is buying a 56% stake in Alphamin to gain access to one of the world’s biggest tin mines.
Uranium hopeful DevEx makes bold play under new chief
Former Rio Tinto executive Marnie Finlayson has taken on the role of managing director of uranium explorer DevEx Resources.
