Lucapa fetches $1.7 million in diamond sales from Lulo
Figures takes proceeds from Lulo diamonds sales so far this year to $10.8 million, at an average price per carat of $1,731.
Cecilia Jamasmie , Editor-in-Chief
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Chile to attract $65 billion in mining investments by 2038 — minister
According to minister Aurora Williams, miners with operations in the country currently spend $20 billion on support services a year and figure is set to increase.
Australia takes Rio Tinto to court over Mozambique coal deal
Australia’s corporate watchdog has launched court action against the company, former chief executive Tom Albanese and chief financial officer Guy Elliott.
SQM talks down lithium oversupply, says market to grow 80% a year
According to chief executive officer Patricio de Solminihac, the world will need at least 50,000 tonnes of lithium a year until 2023.
Stellar Diamonds Sierra Leone project takes key step forward
Funding for the project has not been secure yet, though the miner is in talks with Newfield Resources over a possible offer.
FLSmidth now the official owner of Sandvik Mining Systems
With the deal, FLSmidth has taken over the Swedish equipment and tool manufacturer’s continuous surface mining and minerals handling technologies.
Anglo American concludes sale of three coal mines in South Africa
The deal includes the New Vaal, New Denmark and Kriel mines, as well as various mine life extension projects.
Scotland to have its first commercial gold mine
Scotgold Resources plans to build an underground operation with an initial production capacity of 12,000 ounces of gold annually for up to 17 years.
Zambia to start forcing miners to move 30% of minerals by rail
Country's Chamber of Mines says rail system is not ready to handle that amount of cargo, adding that the potential impact on the mining industry has not been properly considered.
Fresnillo tanks as 2017 profit misses expectations, says costs to rise
The Mexico-focused precious metals miner expects cost inflation this year to be about 7%, compared with the 6.4% it faced in 2017.
Savannah nears full ownership of Barroso lithium lease
The Aldeia lease transfer would expand Barroso’s resource base as Savannah targets EU lithium supply and advances permitting.
