Lucara’s on a roll: three new diamonds recovered at Botswana mine
Since the recovery of the first large diamond from Karowe in 2013, the firm has found 216 gems at the site.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
K+S secures major potash supply deal from its Canadian Legacy mine
The agreement with Kansas-based Koch Fertilizer comes as the European firm attempts to fend off a takeover bid from Potash Corp.
Copper down to fresh six-year low after China market falls
The red metal dropped to $5,012 on trading on the London Metal Exchange, approaching the level of $5,000 it last hit in late 2008.
Glencore plans to shut Eland platinum mine in South Africa, union says
The company had said in June it lacked the inside edge to make owning the precious metal worthwhile.
Canada’s Eldorado Gold buys 15% stake in Integra Gold
Deal will give Integra up to a $27 million-cash injection, allowing it to move forward with its Quebec-based Lamaque gold project.
Goldman Sachs abandons physical commodities after coal division sale
The firm began disposing mining assets last year, as prices for most commodities began a downward trend and U.S. regulators increased pressure on banks to get out of risky businesses.
Avalon Rare Metals begins pilot plant program at lithium asset
The facility aims to test a new lithium minerals process developed by the company over the past year.
Endeavour Mining up on positive drilling results at African gold asset
Results confirm high grade mineralization zones at the firm's Agbaou gold mine, in Côte d’Ivoire.
Barrick Gold reshuffles top management team
Co-President Kelvin Dushnisky will take over as president as the world’s largest gold producer restructures management to boost efficiencies.
Australia’s largest gold miner Newcrest back to profit
After two years of multi-billion dollar losses the company is also is getting closer to dividend territory.
First Quantum credit outlook improves on Cobre Panama progress
S&P has revised the miner’s rating to positive from negative on improved liquidity and a likely 2026 restart of its key copper mine.
