August 24, 2020

De Beers cuts diamond prices after covid-19 curbs demand

The world’s No. 1 producer is cutting prices for larger stones by almost 10% starting this week.

August 24, 2020

Artemis closes Blackwater project purchase

The proposed mine has estimated resources of 1.4 moz gold and 8.9 moz silver.

August 24, 2020

Bullion funds strike it rich delivering gold to London vaults

The ETF business has greatly benefited from the 2020 gold fever, with gold holdings now exceeding every central bank except the Federal Reserve.

August 24, 2020

BHP to fund Canada’s Midland nickel exploration

BHP will fund 100% of Midland's initial search for nickel in Quebec, up to $1.06 million a year.

August 24, 2020

Workers bar access to Freeport Indonesia’s Grasberg mine

Upset by an ongoing coronavirus-related lockdown, more than a thousand workers are blocking the mine access.

August 24, 2020

Rio Tinto chiefs lose millions over aboriginal site blast

Rio will cut short-term bonuses of some senior executives after internal review found “systemic failures in the cultural heritage management system.”

August 21, 2020

Gold mid-tiers’ Q2 2020 fundamentals

With the mid-tiers rolling in liquidity, they will likely invest billions in boosting their production as lockdown fears fade in coming quarters

August 21, 2020

‘Hot’ copper is attracting plenty of deal buzz, executive says

Copper is considered a green metal and big mining companies want more of it in their portfolios, says Marimaca Copper president Hayden Locke.

August 21, 2020

Gold price on track for second weekly decline

For the week, bullion is down 0.3%, having more dropped more than 3% earlier this week.

August 21, 2020

AngloGold must keep South Africa listing

The company has to remain listed on the local bourse to conclude the sale of its remaining assets in the country to Harmony Gold.