Russia fetches $1.3bn in Alrosa’s shares sale
The firm could become one of very few pure listed diamond miners.
Cecilia Jamasmie , Editor-in-Chief
Posts by Cecilia Jamasmie:
Top miners operating in Mexico to leave if 7.5% tax approved
Goldcorp and Grupo Mexico may need to take billions of dollars in planned investments to other markets.
Fukushima on yellow alert after 7.3 earthquake, tsunami warning in Japan
Plant operator Tokyo Electric Power Co has ordered workers to evacuate facilities and move to higher ground.
Cliffs scoops up Barrick executive Halverson and names him CEO
Effective Nov. 18.
Dominion Diamond applies for Ekati mine extension permit
It would extend the life of the mine by 10 to 20 years.
Rio sells stake in Clermont coal to Glencore for $1bn
The mining giant is selling its 50.1% stake in Clermont coal mine to a company jointly owned by Glencore Xstrata and Sumitomo Corporation.
Japan tests in Chile bacteria-based method to revive depleted copper mines
The revolutionary process would make possible to resume mining operations in most abandoned copper mines.
Angola’s diamond industry to regain record production levels —report
The country is also known for its significant gold and oil reserves.
Global exploration budget to fall 29% by end of the year
Despite this year's financial woes, companies continued exploring in as many as 127 countries, especially on high- or medium-risk jurisdictions.
Goldcorp profit hurt by prices, Argentina mine costs spike
The gold giant is deferring spending and suspending all exploration activity at the Cerro Negro project.
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.
