Botswana Diamonds stock crashes on lack of enough gems at Thorny River
Diamonds recovered during sampling at the project were not sufficient to produce a modelled diamond valuation, said the company.
Cecilia Jamasmie , Editor-in-Chief
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Canada’s Gahcho Kue diamond mine boosts Anglo American output, but copper flat
The company beat expectations on Thursday with a 5% increase in 2017 production.
Caterpillar beats estimates again, delivers bullish outlook for 2018
The world's largest mining and construction equipment maker beat market expectations for fourth quarter earnings and said its sales growth momentum is expected to continue in 2018.
Anglo expects expansion licence for Minas Rio in Brazil by Friday
Receiving the necessary licences would allow the company to continue operating in the state of Minas Gerais, where the iron ore mine is located, for at least another 15 years.
Antofagasta sees 2018 costs to reach $1bn on Pelambres expansion, equipment
Chile-focused miner also expects costs to rise on tailings dam expenditure.
Barrick grabs stake in Royal Road Minerals in $1.3 million deal
Proceeds from the private placement and financing will be used for exploration and development of the junior miner’s projects in Colombia and Nicaragua.
Rio Tinto and two former top execs must face fraud charges — SEC
SEC will push ahead with the prosecution of the company, former chief executive Tom Albanese and ex-chief financial officer Guy Elliott over alleged attempts to cover up multi-billion losses on a coal investment in Africa.
Russia to invest $250 million in uranium exploration, production in Argentina
Agreement includes Russia’s state nuclear agency Rosatom commitment to build a nuclear power station in the South American country.
Alrosa inks long-term diamond supply deals with 67 clients
Miner aims at selling around 40 million carats of diamonds in 2018 provided market conditions are favourable.
Zimbabwe mulls scrapping majority black ownership on diamond, platinum sectors
President Emmerson Mnangagwa, who took the post in November, has ordered an examination of both industries that may lead to the abolition of the 51% local ownership rule on them.
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.
