Petra Diamonds cuts forecasts, jobs amid market weakness
Sales revenue for the third tender fell 7% to $71 million, bringing year-to-date revenue to $146 million, down from $188 million last year.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Activist Palliser pushes Rio Tinto to review dual listing
Palliser Capital claims Rio Tinto's current dual-listed structure has deprived investors of $50 billion in value.
Lucara names two largest diamonds found in 2024
The 2,488ct diamond is named Motswedi ("water spring") and the 1,094ct stone is called Seriti ("aura" or "presence").
Volkswagen buys 9.9% of Patriot Battery Metals for $48 million
Patriot's project will supply lithium to Volkswagen’s battery company PowerCo in Europe and North America.
Arcadium Lithium investors sue miner over Rio Tinto takeover
Three shareholders of Arcadium Lithium have sued the miner and its board alleging negligence in Rio Tinto $6.7 billion takeover.
Rio Tinto, BHP, and BlueScope to build ‘green iron’ plant
Project could help reduce emissions by up to 80% if renewables and green hydrogen are used, the companies said.
Barrick to halt Mali operations if shipments remain blocked
If Mali continues to impede shipments from Loulo-Gounkoto, the country's largest gold mine, Barrick will cease operations.
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.
